$520,000
SOLD JUL 31, 2015

5437 Royal Paddock Way Merritt Island, FL 32953

4 Beds
3.5 Baths
3,251 Sq Ft
1 Acres

Recently Sold

$160 Per Sq Ft

2% Below List Price

854 Days on Market

Highlights

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

About This Home

As of December 2023

Custom Pool Home, OWNER FINANCING AVAILABLE, 1 acre lake view on
very private location in gated community adjacent to 3 acres wooded preserve. 4 Bedrooms & den, separate formal dining,3 1/2 baths / 3251 sq/ft under air, Saltwater Pool. Foam injection in all outside concrete block walls for added insulation & noise reduction,
R-30 ceiling & Radiant Barrier, double-pane insulated e-glass windows. Entire house has oak flooring & 20''porcelain tiles,Kitchen has 42'' Maple cabinets & Island, Crown moldings,

Last Agent to Sell the Property

Keith Gordon

GetMoreOffers License #409442 Listed on: 06/01/2015

Last Buyer's Agent

Don Wood

RE/MAX Aerospace Realty License #692668

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,031

Year Built

  • Built in 2007

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 362 x 120
  • Home fronts a pond
  • Lake Front
  • Cul-De-Sac
  • South Facing Home
  • Corner Lot

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,251 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • Chase Hammock Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233625250000d0000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,031

Year Built

Built in 2007

Lot Details

0

HOA Fees

$79 per month

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: Corner Lot, Cul-De-Sac
  • Reso View: Pool, Water
  • ResoSecurityFeatures: Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Management - Full Time, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Chase Hammock Lakes
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 233625250000d0000100
  • 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: 5030.61
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 3251.0
  • General Property Information Building Area Total3: 4782.0
  • 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: South
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Utilities Cable Available: Yes
  • View Pool: 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
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Lot Size Dimensions: 362 x 120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Kitchen Island, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Total Bedrooms: 8
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: In Ground, Private
  • Roof: Shingle
  • Acres: 1.0
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 950.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 950.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Dimensions: 362 x 120
  • Lot Size Sq Ft: 43560.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2323182
  • Parcel #: 233625250000d0000100
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5030.61

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 4, 2023
Sold by
Barrett James A and Barrett Suzanne M
Bought by
Williams Jared E and Williams Frances M
Seller's Agent
Kristie Escalera
Blue Marlin Real Estate
Buyer's Agent
Trish Goff
Sand Dollar Realty of Brevard
List Price
$880,000
Sold Price
$915,000
Premium/Discount to List
$35,000
3.98%
Views
24
Current Estimated Value
$872,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,792
Avg. Annual Appreciation
-2.61%
Original Mortgage
$915,000
Outstanding Balance
$900,637
Interest Rate
7.79%
Mortgage Type
VA
Estimated Equity
-$28,429

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 31, 2015
Sold by
Follonier Thierry G and Follonier Veacha
Bought by
Barrett James A and Kovacevich Barrett Suzanne M
Seller's Agent
Keith Gordon
GetMoreOffers
Buyer's Agent
Don Wood
RE/MAX Aerospace Realty
List Price
$528,000
Sold Price
$520,000
Premium/Discount to List
-$8,000
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Oct 22, 2007
Sold by
Follonier Thierry G and Follonier Veacha
Bought by
Follonier Thierry G and Follonier Veacha

Purchase Details

Closed on
Nov 29, 2006
Sold by
Follonier Thierry G and Follonier Veacha
Bought by
Follonier Thierry G and Follonier Veacha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.36%

Purchase Details

Closed on
Aug 23, 2004
Sold by
Freese David and Freese Diane
Bought by
Follonier Thierry G and Follonier Veacha

Purchase Details

Closed on
Aug 29, 2003
Sold by
Chase Hammock Lakes Llc
Bought by
Freese David and Freese Diane
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 Type Sale Price Title Company
Warranty Deed $915,000 Dockside Title
Warranty Deed $520,000 Island Title & Escrow Agency
Warranty Deed -- None Available
Warranty Deed -- Attorney
Warranty Deed $162,000 International Title & Escrow
Corporate Deed $99,000 American Pioneer Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $915,000 VA
Previous Owner $417,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2023 12/04/23 Sold $915,000 +4.0% $281 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $880,000 +69.2% $271 / Sq Ft
07/31/2015 07/31/15 Sold $520,000 -1.5% $160 / Sq Ft
06/01/2015 06/01/15 For Sale $528,000 +1.5% $162 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
07/08/2013 07/08/13 Off Market $520,000 -- --
01/14/2013 01/14/13 For Sale $538,000 -- $165 / 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 $9,828 $712,300 -- --
2024 $5,923 $758,720 -- --
2023 $5,923 $456,070 $0 $0
2022 $5,546 $442,790 $0 $0
2021 $5,840 $429,900 $0 $0
2020 $5,793 $423,970 $0 $0
2019 $5,769 $414,440 $0 $0
2018 $5,801 $406,720 $0 $0
2017 $5,888 $398,360 $0 $0
2016 $5,646 $366,530 $95,000 $271,530
2015 $6,171 $337,760 $55,000 $282,760
2014 $5,784 $307,060 $55,000 $252,060
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 658088

Space Coast MLS (Space Coast Association of REALTORS®)

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