NOT LISTED FOR SALE

540 Apache Trail Merritt Island, FL 32953

Estimated Value: $793,000 - $879,000

4 Beds
3 Baths
2,753 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 11, 2019

Last sale price $515,000 $187 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,007/month

136 Days on Market

Highlights

  • Boathouse
  • Community Boat Slip
  • Boat Ramp
  • Lewis Carroll Elementary School Rated A-
  • Home fronts navigable water
  • Boat Lift

About This Home

As of January 2019

WATER FRONT HOME WITH PRIVATE DOCK JUST 400 FT FROM THE INDIAN RIVER..........NEW AC SYSTEM INSTALLED ....... FANTASTIC FLOOR PLAN ON ONE LEVEL WITH 4 BEDROOMS 3 FULL BATHS..PLUS AN OFFICE/NURSERY ATTACHED TO THE MASTER BEDROOM... GRANITE IN KITCHEN WITH ALL APPLIANCES AND BREAKFAST NOOK LOOKING OUT TO THE POOL ... FAMILY ROOM HAS SLIDERS TO POOL AND A FIREPLACE .... FORMAL DINING ROOM AND LIVING ROOM. ... REAR BEDROOM IS ATTACHED TO HUGE FULL POOL BATH ...PERFECT IN-LAW SUITE...
3 CAR GARAGE....OVER HALF ACRE LOT WITH HUGE FRONT AND REAR YARDS.... .... MOTORIZED COVERED BOAT HOUSE IN YOUR BACK YARD
THE INDIAN BAY COMMUNITY ON THE RIVER, WITH THEIR OWN BOAT RAMP......*NOW REDUCED* ..* BELOW APPRAISAL*
...*BRING YOUR PERSONAL TOUCH TO THIS VALUE PACKED PROPERTY

Last Agent to Sell the Property

John Juliano

Coldwell Banker Realty Listed on: 10/13/2018

Last Buyer's Agent

Denne Pence

Dale Sorensen Real Estate Inc. License #3425022

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,241

Year Built

  • Built in 1993

Lot Details

  • 0.6 Acre Lot
  • Home fronts navigable water
  • River Front
  • Home fronts a canal
  • Cul-De-Sac
  • South Facing Home

HOA Fees

  • $45 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Additional Parking

Property Views

  • Intracoastal
  • River
  • Canal
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,753 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Grip-Accessible Features
  • Level Entry For Accessibility
  • Accessible Entrance

Pool

  • In Ground Pool
  • Waterfall Pool Feature
  • Screen Enclosure

Outdoor Features

  • Boat Lift
  • Boat Ramp
  • Boathouse

Schools

  • Carroll Elementary School
  • Merritt Island High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 23-36-34-51-0000a.0-0006.00

Community Details

Overview

  • Sentry Mgt Association, Phone Number (321) 638-8880
  • Indian Bay Estates Ph II Stage 2 Subdivision
  • Maintained Community

Recreation

  • Community Boat Slip
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,241

Year Built

Built in 1993

Lot Details

0

HOA Fees

$45 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1993
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac
  • Reso View: Canal, Pool, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Slip, Maintenance Grounds, Management - Full Time, Park
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indian Bay Estates Ph II Stage 2
  • Reso Accessibility Features: Accessible Entrance, Grip-Accessible Features
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 23-36-34-51-0000a.0-0006.00
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal High School: Merritt Island
  • General Property Information Living Area2: 2753.0
  • General Property Information Building Area Total3: 3407.0
  • General Property Information Lot Size Acres: 0.6
  • General Property Information Lot Size Square Feet2: 25700.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: 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
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: 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
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • General Property Information Association Phone: 321.638.8880
  • Pool Features Waterfall: Yes
  • General Property Information Lot Size Dimensions: 250 X 100 CANAL FRONT
  • Utilities Propane3: Yes
  • Exterior Features Boat Lift: Yes
  • Other Structures Boat House: Yes
  • Room Types Bonus Room: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • Exterior Features Boat Ramp - Private: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Total Bedrooms: 9
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Exterior Features: Boat Lift, Boat Ramp - Private
  • Pool Features: In Ground, Private, Screen Enclosure, Waterfall
  • Roof: Shingle
  • Acres: 0.6
  • Waterfront Features: Canal Front, Navigable Water, River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: South
  • Construction Materials:Stucco: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Accessibility Features:Grip-Accessible Features: Yes
  • Accessibility Features:Accessible Entrance: Yes
  • View:River: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 45.0
  • Association Fee Frequency: Monthly
  • Association Name: Sentry Mgt
  • Phone: 321-638-8880
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Sentry Mgt
  • General Property Information:Association Fee: 45.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Park: Yes

Lot Info

  • Lot Dimensions: 250 X 100 CANAL FRONT
  • Lot Size Sq Ft: 25700.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2318542
  • Parcel #: 23-36-34-51-0000a.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2018
Closed on
Jan 11, 2019
Sold by
Cormack David E and Cormack Bershe L
Bought by
Nevels Steven
Seller's Agent
John Juliano
Coldwell Banker Realty
Buyer's Agent
Denne Pence
Dale Sorensen Real Estate Inc.
List Price
$569,800
Sold Price
$515,000
Premium/Discount to List
-$54,800
-9.62%
Current Estimated Value
$837,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,810
Avg. Annual Appreciation
7.49%
Original Mortgage
$445,000
Outstanding Balance
$391,246
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$446,564

Purchase Details

Closed on
Sep 25, 2000
Sold by
Stroble John T and Stroble Etsuko
Bought by
Cormack David E and Cormack Bershe L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
7.92%

Purchase Details

Closed on
Jul 15, 1997
Sold by
Guske John C and Guske Dorothy E
Bought by
Stroble John T and Stroble Etsuko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,600
Interest Rate
7.87%
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
Nevels Steven $515,000 Bella Title & Escrow Inc
Cormack David E $342,000 --
Stroble John T $274,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nevels Steven $445,000
Previous Owner Cormack David E $171,000
Previous Owner Stroble John T $219,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2019 01/11/19 Sold $515,000 -1.9% $187 / Sq Ft
12/03/2018 12/03/18 Pending -- -- --
11/29/2018 11/29/18 Price Changed $524,800 -4.2% $191 / Sq Ft
10/31/2018 10/31/18 Price Changed $548,000 -3.8% $199 / Sq Ft
10/13/2018 10/13/18 For Sale $569,800 0.0% $207 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $569,800 -0.9% $207 / Sq Ft
09/11/2018 09/11/18 Price Changed $574,800 -0.9% $209 / Sq Ft
09/07/2018 09/07/18 Price Changed $579,800 -0.9% $211 / Sq Ft
09/05/2018 09/05/18 Price Changed $584,800 -0.8% $212 / Sq Ft
08/27/2018 08/27/18 For Sale $589,500 +14.5% $214 / Sq Ft
08/25/2018 08/25/18 Off Market $515,000 -- --
08/15/2018 08/15/18 Price Changed $589,500 -0.1% $214 / Sq Ft
08/02/2018 08/02/18 Price Changed $589,800 -0.7% $214 / Sq Ft
07/19/2018 07/19/18 For Sale $593,800 -- $216 / 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 $6,241 $509,750 -- --
2024 $6,201 $495,390 -- --
2023 $6,201 $480,970 $0 $0
2022 $5,805 $466,970 $0 $0
2021 $6,119 $453,370 $0 $0
2020 $6,076 $447,120 $0 $0
2019 $7,039 $469,400 $175,000 $294,400
2018 $4,290 $307,210 $0 $0
2017 $4,341 $300,900 $0 $0
2016 $4,425 $294,720 $160,000 $134,720
2015 $4,569 $292,680 $160,000 $132,680
2014 $4,605 $290,360 $125,000 $165,360
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 819567

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-34-51-0000A.0-0006.00