NOT LISTED FOR SALE

5377 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $1,058,000 - $1,238,000

4 Beds
4.5 Baths
3,738 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $1,225,000 $328 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $6,632/month

11 Days on Market

Highlights

  • Lake Front
  • 24-Hour Security
  • Gated Community
  • Lewis Carroll Elementary School Rated A-
  • Solar Heated In Ground Pool
  • 1 Acre Lot

About This Home

As of May 2024

Luxurious V-shaped custom home boasts master and guest wings surrounding a stunning pool. Every cabinet and casework is meticulously crafted. The formal dining room showcases sapele wood cabinets and buffet. The 18' circular entrance features specially tiled floors and custom lighting. The kitchen boasts a 9' granite-topped island, riff-cut oak cabinets, and slide-out drawers, complemented by a spacious pull-out pantry.The master suite is a haven with walk-in closets, a lavish bath with a walk-in shower, and a tray ceiling with accent lighting. The home's 12' ceilings (18' at entry) and solid wood 7' doors create an airy atmosphere. A built-in bar, stone writing surface desk wall, and a large laundry room with Corian countertops add practicality. Each of the 4 bedrooms has a private bath and walk-in closet, leading to a 45' pool with hot tub and decorative lights. The bedrooms open onto a screened in lanai with a patio bar, sink, and stone counter. The 3-car garage provides ample space. Constructed with poured concrete walls, 3" insulation, and steel rebar reinforcement, the home includes storm-rated windows and accordion shutters for the pool area. It also features European swing-out windows, tile floors, and a tornado room with robust concrete walls. A 10kw PV solar system, solar panels for the pool, and a solar hot water heater contribute to sustainability. Smart Nest thermostats, a new pool heat pump, and a home theater with a 9-channel amplifier and built-in speakers enhance the living experience. The media equipment cabinet ensures organized connectivity. Security is prioritized with cameras, a whole-house security alarm, and a 24 KVA propane-powered emergency generator. The house can be storm-ready in 30 minutes. LED ceiling lights illuminate the house and garage, while the driveway is paved with concrete pavers. This home seamlessly combines luxury, resilience, and the unique thrill of observing rocket launches from your private patio- a truly unparalleled living experience.

Last Agent to Sell the Property

Jody Donnelly

RE/MAX Aerospace Realty License #694330 Listed on: 03/09/2024

RE/MAX Aerospace Realty

Last Buyer's Agent

Corin Riggs

Blue Marlin Real Estate License #689754

Blue Marlin Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,691

Year Built

  • Built in 2014 | Remodeled

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Street terminates at a dead end
  • East Facing Home

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,738 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Furniture Can Be Negotiated
  • Built-In Features
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Tile Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Wine Cooler

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Smart Lights or Controls
  • Smart Thermostat
  • Hurricane or Storm Shutters
  • High Impact Windows
  • Fire and Smoke Detector

Pool

  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature
  • Screen Enclosure

Schools

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

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Whole House Permanent Generator
  • Propane
  • Septic Tank
  • Cable TV Available

Additional Features

  • Accessible Full Bathroom
  • Patio

Listing and Financial Details

  • Assessor Parcel Number 23-36-25-25-0000d.0-0007.00

Community Details

Overview

  • Association fees include ground maintenance
  • Chase Hammock Lakes Association
  • Chase Hammock Lakes Subdivision

Security

  • 24-Hour Security
  • 24 Hour Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,691

Year Built

Built in 2014 | Remodeled

Lot Details

0

HOA Fees

$125 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Road Frontage Type: Other
  • Road Surface Type: Asphalt
  • Reso View: Lake
  • ResoSecurityFeatures: 24 Hour Security, Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Gated
  • Reso Association Fee Includes: Maintenance Grounds
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Reso Accessibility Features: Accessible Full Bath
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Property Condition: Updated/Remodeled
  • Financial Info Electric: Underground, Whole House Generator
  • Location Tax and Legal Parcel Number2: 23-36-25-25-0000d.0-0007.00
  • 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: 6691.0
  • Location Tax and Legal Tax Year2: 2023
  • General Property Information Living Area2: 3738.0
  • 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: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Lot Features Dead End Street: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Laundry Features Sink: Yes
  • Water Source Public: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pool Features Screen Enclosure: Yes
  • Pool Features Solar Heat: Yes
  • Security Features Security System Owned: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Electric Heat: Yes
  • Pool Features Waterfall: Yes
  • Utilities Propane3: Yes
  • Utilities Electricity Available: Yes
  • Electric Underground: Yes
  • General Property Information Land Lease YN2: No
  • General Property Information CDD Fee YN: No
  • Utilities Cable Connected: Yes
  • Utilities Water Connected: Yes
  • Smart Home Features Lighting2: Yes
  • Smart Home Features Programmable Thermostat: Yes
  • Spa Features Heated2: Yes
  • Property Condition UpdatedRemodeled: Yes
  • General Property Information Stories2: 1
  • Spa Features Private2: Yes
  • Security Features 24 Hour Security: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Guest Suite, His and Hers Closets, Open Floorplan, Smart Thermostat, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Spa Features: Heated, In Ground, Private
  • Appliances: Dishwasher, Double Oven, Dryer, Electric Cooktop, Electric Oven, Refrigerator, Washer, Wine Cooler
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Appliances:Electric Cooktop: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Wine Cooler: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Smart Thermostat: Yes

Exterior Features

  • Exterior Features: Impact Windows, Storm Shutters
  • Pool Features: Electric Heat, In Ground, Private, Screen Enclosure, Solar Heat, Waterfall
  • Roof: Tile
  • Acres: 1.0
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Accessibility Features:Accessible Full Bath: Yes
  • Exterior Features:Impact Windows: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 1500.0
  • 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: 1500.0
  • General Property Information:Association Fee Frequency: Annually
  • Association Amenities:Gated2: Yes
  • Association Fee Includes:Maintenance Grounds: Yes

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Current Use: Residential, Single Family
  • Land Lease: No
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323188
  • Parcel #: 23-36-25-25-0000d.0-0007.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Negotiable

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6691.0

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2024
Closed on
May 17, 2024
Sold by
Locurcio Ralph V and Locurcio Ingrid
Bought by
Bamonte Family Trust and Middleton
Seller's Agent
Jody Donnelly
RE/MAX Aerospace Realty
Buyer's Agent
Corin Riggs
Blue Marlin Real Estate
List Price
$1,495,000
Sold Price
$1,225,000
Premium/Discount to List
-$270,000
-18.06%
Views
28
Current Estimated Value
$1,125,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,128
Avg. Annual Appreciation
-6.02%

Purchase Details

Closed on
Oct 22, 2014
Sold by
Locurcio Ralph V and Locurcio Ingrid
Bought by
Locurcio Ralph V and Locurcio Ingrid

Purchase Details

Closed on
May 18, 2012
Sold by
Huff Dennis R and Huff Peggy A
Bought by
Locurcio Ralph V and Locurcio Ingrid

Purchase Details

Closed on
Aug 21, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Huff Dennis R and Huff Peggy A
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
Bamonte Family Trust $1,225,000 None Listed On Document
Bamonte Family Trust $1,225,000 None Listed On Document
Locurcio Ralph V -- Attorney
Locurcio Ralph V $85,000 Island Title & Escrow Agency
Huff Dennis R $109,900 American Pioneer Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $1,225,000 -18.1% $328 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/09/2024 03/09/24 For Sale $1,495,000 -- $400 / 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 $6,731 $1,127,610 -- --
2024 $6,691 $594,750 -- --
2023 $6,691 $577,430 $0 $0
2022 $6,267 $560,620 $0 $0
2021 $6,612 $544,300 $0 $0
2020 $6,575 $536,790 $0 $0
2019 $6,559 $524,730 $0 $0
2018 $6,599 $514,950 $0 $0
2017 $7,387 $504,360 $0 $0
2016 $7,552 $493,990 $95,000 $398,990
2015 $7,813 $490,560 $55,000 $435,560
2014 $1,106 $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: 1007326

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000D.0-0007.00