NOT LISTED FOR SALE

5426 Royal Paddock Way Merritt Island, FL 32953

Estimated Value: $854,000 - $1,273,000

4 Beds
4 Baths
3,049 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 11, 2012

Last sale price $68,000 $22 Per Sq Ft

Est. 1,336% increase in value since last sale

Current estimated payment $5,570/month

161 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 1 Acre Lot
  • Lewis Carroll Elementary School Rated A-

About This Home

As of April 2012

$30K Price drop! Owner Financing Available - Extremely desirable location, looking down the length of the lake. One of the best waterfront views in the neighborhood! 1 Acre lakefront lot. Ready to build on. Gated community surrounded by newer Executive Style Luxury Homes. Peaceful surrounding w/wide open vistas! Easy commute a the Cape, the Beaches, Port Canaveral, Orlando airport & the atractions via the BeachLine - Also available as a house/lot pkg for $399,900 see ML#623149

Last Agent to Sell the Property

Michelle Daignault-Ives

Daignault Realty Inc License #588007 Listed on: 08/31/2011

Last Buyer's Agent

Silvia Mozer

RE/MAX Elite License #3078462

RE/MAX Elite

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $983

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 362 x 120
  • Home fronts a pond
  • Lake Front
  • Cleared Lot

Schools

  • Carroll Elementary School
  • Merritt Island High School

Utilities

  • Septic Tank
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 233625250000C0000300

Home Details

Home Type

Single Family

Est. Annual Taxes

$983

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Location Tax and Legal Parcel Number2: 233625250000C0000300
  • Location Tax and Legal Elementary School: Carroll
  • Location Tax and Legal High School: Merritt Island
  • Location Tax and Legal Tax Annual Amount: 982.97
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Lot Size Acres: 1.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Lot Size Dimensions: 362 x 120
  • General Property Information Number Of Lots2: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Water Source: Public
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 968.0
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 968.0

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Dimensions: 362 x 120
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 233625250000C0000300
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 982.97

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2011
Closed on
Apr 11, 2012
Sold by
Walters William T and Walters Susan
Bought by
Krenn Michael and Krenn Angela
Seller's Agent
Michelle Daignault-Ives
Daignault Realty Inc
Buyer's Agent
Silvia Mozer
RE/MAX Elite
List Price
$99,900
Sold Price
$68,000
Premium/Discount to List
-$31,900
-31.93%
Current Estimated Value
$976,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$908,150
Avg. Annual Appreciation
21.87%
Original Mortgage
$364,000
Outstanding Balance
$251,893
Interest Rate
3.95%
Estimated Equity
$724,257

Purchase Details

Closed on
Nov 29, 2005
Sold by
Walters William T
Bought by
Walters William T and Walters Susan

Purchase Details

Closed on
Dec 4, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Walters William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,900
Interest Rate
6.07%
Source: Public Records

Range of Values:

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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
Krenn Michael $68,000 Intl Title & Escrow Co Llc
Walters William T -- International Title
Walters William T $119,900 International Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krenn Michael $364,000
Previous Owner Walters William T $107,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2012 04/11/12 Sold $68,000 -31.9% $22 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
08/31/2011 08/31/11 For Sale $99,900 -- $33 / 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 $4,980 $398,080 -- --
2024 $4,940 $386,870 -- --
2023 $4,940 $375,610 $0 $0
2022 $4,625 $364,670 $0 $0
2021 $4,854 $354,050 $0 $0
2020 $4,794 $349,170 $0 $0
2019 $4,759 $341,320 $0 $0
2018 $4,782 $334,960 $0 $0
2017 $4,845 $328,080 $0 $0
2016 $4,943 $321,340 $95,000 $226,340
2015 $5,102 $319,110 $55,000 $264,110
2014 $5,144 $316,580 $55,000 $261,580
Source: Public Records

Agents Affiliated with this Home

  • Michelle Daignault-Ives

    Seller's Agent in 2012

    Michelle Daignault-Ives

    Daignault Realty Inc

    (321) 591-8493

    56 in this area

    274 Total Sales

    Michelle Daignault-Ives
    Section Image
  • Silvia Mozer

    Buyer's Agent in 2012

    Silvia Mozer

    RE/MAX

    (321) 720-2038

    3 in this area

    351 Total Sales

    Silvia Mozer
    Section Image
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Map

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

MLS Number: 623154

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 23-36-25-25-0000C.0-0003.00

Florida Brevard County Merritt Island 32953

5426 Royal Paddock Way, Merritt Island, FL

This home is located at 5426 Royal Paddock Way, Merritt Island, FL 32953 since 31 August 2011 and is currently estimated at $976,150, approximately $320 per square foot. 5426 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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