NOT LISTED FOR SALE

5406 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $681,872 - $940,000

4 Beds
3 Baths
2,542 Sq Ft
$312/Sq Ft Est. Value

Last Sold January 18, 2013

Last sale price $305,000 $120 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,549/month

6 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-
  • Home fronts a pond
  • Screened Porch

About This Home

As of January 2013

BEAUTIFUL 4 bedroom, 3 bath home on an acre of land with beautiful views of preserves and lake. This home is practically like new! Formal living and dining rooms. Eat in Kitchen and large family room. And, of course, a POOL! Gated neighborhood in pastoral area of North Merritt Island. Deals like this don''t happen very often!

Last Agent to Sell the Property

Dianne Johnson

Trafford Realty Co. Listed on: 11/30/2012

Last Buyer's Agent

Annette Reynolds

Coldwell Banker Res. R.E. LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,116

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 0 x 270
  • Home fronts a pond
  • Lake Front
  • Street terminates at a dead end
  • North Facing Home

Parking

  • 3 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,542 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Eat-In Kitchen

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Pool

  • In Ground Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Property has a Home Owners Association
  • Chase Hammock Lakes Subdivision
  • Maintained Community

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 233625250000C0000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,116

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Dead End Street
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 233625250000C0000100
  • 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: 4115.77
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2542.0
  • 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: North
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: 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
  • Lot Features Dead End Street: Yes
  • Roof:Shingle: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Lot Size Dimensions: 0 x 270
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Eat-in Kitchen, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Split Bedrooms: Yes

Exterior Features

  • Pool Features: In Ground, Private, Screen Enclosure
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • 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
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 880.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 880.0

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 0 x 270
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323177
  • Parcel #: 233625250000C0000100
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4115.77

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2012
Closed on
Jan 22, 2013
Sold by
Homeward Residential Inc
Bought by
Lynch Bernard F
Seller's Agent
Dianne Johnson
Trafford Realty Co.
Buyer's Agent
Annette Reynolds
Coldwell Banker Res. R.E. LLC
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Current Estimated Value
$794,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$489,218
Avg. Annual Appreciation
7.83%
Original Mortgage
$277,931
Outstanding Balance
$193,156
Interest Rate
3.36%
Estimated Equity
$601,062

Purchase Details

Closed on
Oct 23, 2012
Sold by
Maier Wendy and Maier Wendy N
Bought by
American Home Mortgage Servicing Inc and Ah Mortgage Acquisition Co Inc

Purchase Details

Closed on
Feb 4, 2008
Sold by
Maier Robert and Maier Wendy
Bought by
Maier Wendy

Purchase Details

Closed on
May 3, 2005
Sold by
Panero Philip J
Bought by
Maier Robert and Maier Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.25%

Purchase Details

Closed on
Dec 4, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Panero Philip J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.07%
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
Lynch Bernard F $305,000 None Available
American Home Mortgage Servicing Inc -- Attorney
Maier Wendy -- Attorney
Maier Robert $225,000 Southern Title
Panero Philip J $125,000 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynch Bernard F $277,931
Previous Owner Maier Robert $202,500
Previous Owner Panero Philip J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2013 01/18/13 Sold $305,000 +1.7% $120 / Sq Ft
12/06/2012 12/06/12 Pending -- -- --
11/30/2012 11/30/12 For Sale $299,900 -- $118 / 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 $4,262 $341,820 -- --
2024 $4,224 $332,190 -- --
2023 $4,224 $322,520 $0 $0
2022 $3,952 $313,130 $0 $0
2021 $4,139 $304,010 $0 $0
2020 $4,085 $299,820 $0 $0
2019 $4,045 $293,080 $0 $0
2018 $4,062 $287,620 $0 $0
2017 $4,113 $281,710 $0 $0
2016 $4,192 $275,920 $95,000 $180,920
2015 $4,323 $274,010 $55,000 $219,010
2014 $4,358 $271,840 $55,000 $216,840
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Dianne Johnson

    Trafford Realty Co.

  • A

    Buyer's Agent in 2013

    Annette Reynolds

    Coldwell Banker Res. R.E. LLC

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Map

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

MLS Number: 655241

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000C.0-0001.00

Florida Brevard County Merritt Island 32953

5406 Royal Paddock Way, Merritt Island, FL

This home is located at 5406 Royal Paddock Way, Merritt Island, FL 32953 since 30 November 2012 and is currently estimated at $794,218, approximately $312 per square foot. This property was built in 2007. 5406 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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