NOT LISTED FOR SALE

5267 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $806,000 - $1,072,000

-- Bed
-- Bath
-- Sq Ft
1 Acres

Last Sold November 20, 2015

Last sale price $112,900

Est. 695% increase in value since last sale

Current estimated payment $5,393/month

182 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-

About This Home

As of November 2015

If you're looking for a high and dry buildable lot in the desirable Chase Hammock Lakes Subdivision look no further. This waterfront lot is situated on 1 acre and is perfect for building the home of your dreams. If you appreciate privacy, this gated community provides the seclusion you may be looking for. Located close to NASA, the beach and everything Merritt Island has to offer.

Last Agent to Sell the Property

Jennifer Covell

RE/MAX The Home Center Listed on: 03/25/2015

Last Buyer's Agent

Glenn Davis

Tropical Realty & Inv. of Brev License #3249181

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $921

Lot Details

  • 1 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Cleared Lot

HOA Fees

  • $75 Monthly HOA Fees

Schools

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

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

  • Chase Hammock Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000e.0-0006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$921

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000e.0-0006.00
  • 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: 921.23
  • Location Tax and Legal Tax Year2: 2013
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: 120.0 ft x 362.0 ft
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: Detached

Exterior Features

  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 900.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 120.0 ft x 362.0 ft
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 23-36-25-25-0000e.0-0006.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 921.23

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2023
Sold by
Frame Jeffrey P and Frame Jennifer J
Bought by
Jeffrey P Frame And Jennifer J Frame Revocabl
Current Estimated Value
$897,610

Purchase Details

Listed on
Mar 25, 2015
Closed on
Nov 20, 2015
Sold by
Chiou Jason C
Bought by
Frame Jeffrey P and Frame Jennifer J
Seller's Agent
Jennifer Covell
RE/MAX The Home Center
Buyer's Agent
Glenn Davis
Tropical Realty & Inv. of Brev
List Price
$119,900
Sold Price
$112,900
Premium/Discount to List
-$7,000
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.43%

Purchase Details

Closed on
Aug 27, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Chiou Jason C
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Jeffrey P Frame And Jennifer J Frame Revocabl $100 --
Jeffrey P Frame And Jennifer J Frame Revocabl $100 None Listed On Document
Frame Jeffrey P $112,900 Fidelity Natl Title Fl Inc
Chiou Jason C $99,900 American Pioneer Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $112,900 -5.8% --
09/24/2015 09/24/15 Pending -- -- --
03/25/2015 03/25/15 For Sale $119,900 -- --
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 $6,940 $568,090 -- --
2024 $6,900 $552,080 -- --
2023 $6,900 $536,000 $0 $0
2022 $6,462 $520,390 $0 $0
2021 $6,820 $505,240 $0 $0
2020 $6,786 $498,270 $115,000 $383,270
2019 $8,163 $587,870 $0 $0
2018 $8,219 $576,910 $110,000 $466,910
2017 $1,686 $25,000 $0 $0
2016 $1,489 $95,000 $95,000 $0
2015 $904 $55,000 $55,000 $0
2014 $921 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 721003

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000E.0-0006.00