NOT LISTED FOR SALE

5306 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $779,897 - $878,000

5 Beds
3.5 Baths
2,987 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $795,000 $266 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,158/month

23 Days on Market

Highlights

  • Lake Front
  • Heated In Ground Pool
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-
  • RV Access or Parking
  • Open Floorplan

About This Home

As of May 2023

Beautiful 5BR 3Bath waterfront home on one acre, Custom features and many upgrades. Beautiful tile flooring, granite countertops, tray ceilings, beautiful sparkling pool and spa overlooking the lake. Close to Port Canaveral, space center and Orlando

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 05/24/2023

Better Homes & Gardens RE Star

Last Buyer's Agent

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 05/24/2023

Better Homes & Gardens RE Star

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 2004

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Northeast Facing Home
  • Vinyl Fence

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • RV Access or Parking

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,987 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room
  • Living Room
  • Home Office
  • Library
  • Screened Porch
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • Chase Hammock Lakes Association
  • Chase Hammock Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000a.0-0021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,521

Year Built

Built in 2004

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000a.0-0021.00
  • 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: 5520.77
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2987.0
  • General Property Information Building Area Total3: 3701.0
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Lot Size Square Feet2: 43560.0
  • 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: Northeast
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Pool Features Waterfall: Yes
  • Pool Features Salt Water: Yes
  • Pool Features Gas Heat: Yes
  • Fencing Vinyl2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Gas Heat, In Ground, Private, Salt Water, Waterfall
  • Roof: Shingle
  • Fencing: Fenced, Vinyl
  • Acres: 1.0
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, RV Access/Parking
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:RV AccessParking: Yes

Utilities

  • Cooling: Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 900.0
  • Association Fee Frequency: Annually
  • Association Name: CHASE HAMMOCK LAKES
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: CHASE HAMMOCK LAKES
  • General Property Information:Association Fee: 900.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323174
  • Parcel #: 23-36-25-25-0000a.0-0021.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5520.77

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
May 23, 2023
Sold by
Protze Therrin H and Protze Sherri A
Bought by
Mcbride Jon and Mcbride Christie
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Barbara Zorn
Better Homes & Gardens RE Star
List Price
$795,000
Sold Price
$795,000
Current Estimated Value
$829,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,724
Avg. Annual Appreciation
1.84%
Original Mortgage
$388,000
Outstanding Balance
$376,973
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$452,751

Purchase Details

Listed on
Apr 23, 2014
Closed on
Jun 19, 2014
Sold by
Dalal Ashish and Shah Chaitali
Bought by
Protze Therrin H and Protze Sherri A
Seller's Agent
Ralph McCoig
Edita Realty, Inc.
Buyer's Agent
Chuck Bennett
Coldwell Banker Realty
List Price
$479,000
Sold Price
$440,000
Premium/Discount to List
-$39,000
-8.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$396,000
Interest Rate
4.23%

Purchase Details

Closed on
Nov 10, 2004
Sold by
Falango Joseph M and Rossbach Bradley J
Bought by
Dalal Ashish and Shah Chaitali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
4.75%

Purchase Details

Closed on
May 3, 2004
Sold by
Rocket Homes Llc
Bought by
Falango Joseph M and Rossbach Bradley J

Purchase Details

Closed on
Nov 6, 2003
Sold by
Falango Joseph M and Rossbach Bradley J
Bought by
Rocket Homes Llc

Purchase Details

Closed on
Oct 15, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Falango Joseph M and Rossbach Bradley J
Source: Public Records

Range of Values:

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Average Value
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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
Mcbride Jon $795,000 None Listed On Document
Protze Therrin H $440,000 The Title Co Of Brevard Inc
Dalal Ashish $535,000 International Title & Escrow
Falango Joseph M -- --
Rocket Homes Llc -- --
Falango Joseph M $109,900 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride Jon $388,000
Previous Owner Protze Therrin H $396,000
Previous Owner Dalal Ashish $428,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $795,000 0.0% $266 / Sq Ft
05/24/2023 05/24/23 Pending -- -- --
05/01/2023 05/01/23 For Sale $795,000 +80.7% $266 / Sq Ft
06/20/2014 06/20/14 Sold $440,000 -8.1% $147 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
04/22/2014 04/22/14 For Sale $479,000 -- $160 / 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 $8,425 $635,360 -- --
2024 $5,896 $677,180 -- --
2023 $5,896 $453,820 $0 $0
2022 $5,521 $440,610 $0 $0
2021 $5,813 $427,780 $0 $0
2020 $5,765 $421,880 $115,000 $306,880
2019 $6,130 $440,570 $0 $0
2018 $6,165 $432,360 $110,000 $322,360
2017 $6,496 $439,340 $100,000 $339,340
2016 $6,782 $400,640 $95,000 $305,640
2015 $6,847 $387,420 $55,000 $332,420
2014 $4,637 $286,020 $55,000 $231,020
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 965852

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000A.0-0021.00