NOT LISTED FOR SALE

5316 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $951,947 - $1,307,000

5 Beds
6 Baths
3,766 Sq Ft
$304/Sq Ft Est. Value

About This Home

This home is located at 5316 Royal Paddock Way, Merritt Island, FL 32953 and is currently estimated at $1,142,987, approximately $303 per square foot. 5316 Royal Paddock Way is a home located in Brevard County with nearby schools including Lewis Carroll Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2022
Sold by
Schurr Gary D and Schurr Tuula-Anneli M
Bought by
Schurr-Salin Revocable Living Trust
Current Estimated Value
$1,142,987

Purchase Details

Closed on
Oct 27, 2008
Sold by
Pittman Donald M and Pittman Lorraine S
Bought by
Schurr Gary D and Salin Tuula Anneli M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.5%

Purchase Details

Closed on
Nov 4, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Pittman Donald M and Pittman Lorraine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,300
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Schurr-Salin Revocable Living Trust $100 --
Schurr-Salin Revocable Living Trust $100 None Listed On Document
Schurr Gary D $625,000 International Title & Escrow
Pittman Donald M $109,000 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schurr Gary D $500,000
Previous Owner Pittman Donald M $420,300
Source: Public Records

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 $5,977 $484,540 -- --
2024 $5,937 $470,890 -- --
2023 $5,937 $457,180 $0 $0
2022 $5,559 $443,870 $0 $0
2021 $5,854 $430,950 $0 $0
2020 $5,807 $425,000 $0 $0
2019 $5,783 $415,450 $0 $0
2018 $5,815 $407,710 $0 $0
2017 $5,903 $399,330 $0 $0
2016 $6,029 $391,120 $95,000 $296,120
2015 $6,231 $388,410 $55,000 $333,410
2014 $6,285 $385,330 $55,000 $330,330
Source: Public Records

Map

Florida Brevard County Merritt Island 32953

5316 Royal Paddock Way, Merritt Island, FL

This home is located at 5316 Royal Paddock Way, Merritt Island, FL 32953 and is currently estimated at $1,142,987, approximately $303 per square foot. 5316 Royal Paddock Way is a home located in Brevard County with nearby schools including Lewis Carroll Elementary School, Thomas Jefferson Middle School, and Merritt Island High School.

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