NOT LISTED FOR SALE

525 Apache Trail Merritt Island, FL 32953

Estimated Value: $619,268 - $667,000

4 Beds
2.5 Baths
2,377 Sq Ft
$268/Sq Ft Est. Value

Last Sold January 04, 2019

Last sale price $368,000 $155 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,799/month

59 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Home fronts a pond
  • Lewis Carroll Elementary School Rated A-
  • Solar Heated In Ground Pool
  • Open Floorplan

About This Home

As of January 2019

Meticulously maintained lakefront pool home in the desirable riverfront community of Indian Bay! Private boat ramp w/ direct river access right down the street! Oversized side entry 753 sq ft garage! Immaculate front yard w/ paver driveway greets you as you enter into a light & bright floor plan w/ soaring ceilings, plant shelves & skylights! Fantastic pool & lake views from all of the living area! Huge open island kitchen w/ solid surface counters, brkfst bar & spacious nook! Inviting master suite w/ double walk-in closets, double sinks, soaker tub & separate shower! Guest wing offers 3 more bdrms + full bath w/ double sinks & pool access! Solar heated screened pool w/ plenty of entertaining area! A/C only 4 yrs old & roof 9 yrs old! Apex termite bond + 3m hurricane film on windows/door!

Last Agent to Sell the Property

Michelle Daignault-Ives

Daignault Realty Inc License #588007 Listed on: 10/11/2018

Last Buyer's Agent

Eric Larkin

RE/MAX Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,984

Year Built

  • Built in 1991

Lot Details

  • 0.37 Acre Lot
  • Home fronts a pond
  • Lake Front
  • North Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Pond
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,377 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Level Entry For Accessibility
  • Accessible Entrance

Pool

  • Solar Heated In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Boat Ramp
  • Patio

Schools

  • Carroll Elementary School
  • Jefferson Middle School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-51-0000a.0-0027.00

Community Details

Overview

  • Indian Bay Estates Ph II Stage 2 Subdivision
  • Maintained Community

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,984

Year Built

Built in 1991

Lot Details

0

HOA Fees

$45 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Pool, Water
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site, Park
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Bay Estates Ph II Stage 2
  • Reso Accessibility Features: Accessible Entrance
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-34-51-0000a.0-0027.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal Middle School2: Jefferson
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 2983.68
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 2377.0
  • General Property Information Building Area Total3: 3562.0
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Lot Size Square Feet2: 16117.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Skylight(s), Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Total Bedrooms: 10
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Boat Ramp - Private
  • Pool Features: In Ground, Private, Screen Enclosure, Solar Heat
  • Roof: Shingle
  • Acres: 0.37
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Patio, Porch, Screened
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Accessibility Features:Accessible Entrance: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 540.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 540.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 16117.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2318563
  • Parcel #: 23-36-34-51-0000a.0-0027.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2983.68

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Jan 4, 2019
Sold by
Palmeri Sylvia
Bought by
Marquette William L and Marquetteq Candice M
Seller's Agent
Michelle Daignault-Ives
Daignault Realty Inc
Buyer's Agent
Eric Larkin
RE/MAX Solutions
List Price
$384,900
Sold Price
$368,000
Premium/Discount to List
-$16,900
-4.39%
Current Estimated Value
$636,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,067
Avg. Annual Appreciation
8.41%
Original Mortgage
$349,600
Outstanding Balance
$308,605
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$327,462

Purchase Details

Closed on
Aug 10, 2017
Sold by
Palmeri Sylvia
Bought by
Horne Jeremy and Lueders Kathryn

Purchase Details

Closed on
May 1, 2016
Bought by
Palmeri Sylvia
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Marquette William L $368,000 International Title And Escr
Horne Jeremy $30,000 Fidelity Natl Title Of Flori
Palmeri Sylvia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquette William L $349,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $368,000 -3.1% $155 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
11/29/2018 11/29/18 Price Changed $379,900 -1.3% $160 / Sq Ft
10/11/2018 10/11/18 For Sale $384,900 -- $162 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,570 $370,800 -- --
2024 $4,532 $360,350 -- --
2023 $4,532 $349,860 $0 $0
2022 $4,239 $339,670 $0 $0
2021 $4,448 $329,780 $0 $0
2020 $4,398 $325,230 $71,000 $254,230
2019 $4,981 $323,770 $68,000 $255,770
2018 $2,958 $212,280 $0 $0
2017 $2,984 $207,920 $0 $0
2016 $3,041 $203,650 $48,000 $155,650
2015 $3,133 $202,240 $48,000 $154,240
2014 $3,155 $200,640 $48,000 $152,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 826830

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-51-0000A.0-0027.00