NOT LISTED FOR SALE

590 Sunset Lakes Dr Merritt Island, FL 32953

Estimated Value: $465,000 - $553,000

4 Beds
3 Baths
2,583 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $350,000 $136 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,450/month

24 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 2 Car Attached Garage
  • Lewis Carroll Elementary School Rated A-
  • Screened Porch
  • Separate Shower in Primary Bathroom

About This Home

As of February 2021

Lakefront home in a gated community with incredible views. Enjoy relaxing and watching the beautiful wildlife, from your screen enclosed patio. Home features 4 bedrooms and 3 bathrooms with a 3 car garage! Plenty of space to add a pool in a the backyard. Large open floor plan and large bedrooms allows you to make this home your forever home.

Last Agent to Sell the Property

Emerson Murray

Home Vision Realty, LLC Listed on: 12/11/2020

Last Buyer's Agent

Sharon Rathbun

Loggins Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,699

Year Built

  • Built in 1998

Lot Details

  • 8,712 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

  • $55 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

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

Interior Spaces

  • 2,583 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating
  • Electric Water Heater

Community Details

  • Sunset Lakes P.U.D. Phase One A Association
  • Sunset Lakes Pud Phase 1 A Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 24-36-03-75-0000C.0-0009.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,699

Year Built

Built in 1998

Lot Details

0

HOA Fees

$55 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Sunset Lakes PUD Phase 1-A
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-03-75-0000C.0-0009.00
  • 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: 4698.73
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2583.0
  • General Property Information Building Area Total3: 3181.0
  • General Property Information Lot Size Acres: 0.2
  • General Property Information Lot Size Square Feet2: 8712.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • ViewPond: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Electric Water Heater, Gas Range
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.2
  • 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
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Heating: Central
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 55.0
  • Association Fee Frequency: Monthly
  • Association Name: SUNSET LAKES P.U.D. PHASE ONE-A
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SUNSET LAKES P.U.D. PHASE ONE-A
  • General Property Information:Association Fee: 55.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Jefferson

Lot Info

  • Lot Size Sq Ft: 8712.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2442354
  • Parcel #: 24-36-03-75-0000C.0-0009.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4698.73

MLS Schools

  • Elementary School: Carroll
  • High School: Merritt Island

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2020
Closed on
Feb 19, 2021
Sold by
Pak Chae K
Bought by
Mangs Michelle Anne and Pandolf Nicholas George
Seller's Agent
Emerson Murray
Home Vision Realty, LLC
Buyer's Agent
Sharon Rathbun
Loggins Realty Inc
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$526,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,183
Avg. Annual Appreciation
10.71%
Original Mortgage
$295,000
Outstanding Balance
$267,228
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$286,027

Purchase Details

Closed on
Apr 18, 2019
Sold by
Pak Chae K and Pak Stephanie C
Bought by
Pak Chae K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,707
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Listed on
Oct 5, 2015
Closed on
Feb 19, 2016
Sold by
Patel Ambalal M and Patel Jasumati A
Bought by
Pak Chae K and Pak Stephanie C
Seller's Agent
Tana Flickinger
Florida Oasis Realty
Buyer's Agent
Tana Flickinger
Florida Oasis Realty
List Price
$299,000
Sold Price
$292,000
Premium/Discount to List
-$7,000
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$297,353
Interest Rate
3.92%

Purchase Details

Closed on
Jan 8, 2014
Sold by
Patel Ambalal M and Patel Jasumati A
Bought by
The Ambalal & Jasumati Patel Revocable T

Purchase Details

Closed on
Apr 29, 1998
Sold by
Damar Homes Inc
Bought by
Patel Ambalal M and Patel Jasumati A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.03%

Purchase Details

Closed on
Oct 24, 1997
Sold by
Deerfield Groves Ptnr
Bought by
Damar Homes Inc
Source: Public Records

Range of Values:

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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
Mangs Michelle Anne $350,000 Bell Title & Escrow Inc
Pak Chae K -- None Available
Pak Chae K $292,000 Island Title & Escrow Agency
The Ambalal & Jasumati Patel Revocable T -- None Available
Patel Ambalal M $27,500 --
Damar Homes Inc $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangs Michelle Anne $295,000
Previous Owner Pak Chae K $330,707
Previous Owner Pak Chae K $297,353
Previous Owner Patel Ambalal M $100,000
Previous Owner Patel Ambalal $131,900
Previous Owner Patel Ambalal M $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $350,000 -6.7% $136 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $375,000 0.0% $145 / Sq Ft
11/23/2019 11/23/19 Rented $2,200 0.0% --
11/03/2019 11/03/19 For Rent $2,200 0.0% --
02/19/2016 02/19/16 Sold $292,000 0.0% $113 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
10/06/2015 10/06/15 Price Changed $292,000 -2.3% $113 / Sq Ft
10/05/2015 10/05/15 For Sale $299,000 0.0% $116 / Sq Ft
10/03/2015 10/03/15 Pending -- -- --
07/21/2015 07/21/15 For Sale $299,000 -- $116 / 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
2023 $6,333 $459,220 $95,000 $364,220
2022 $5,817 $433,980 $0 $0
2021 $4,974 $330,360 $60,000 $270,360
2020 $4,699 $307,830 $40,000 $267,830
2019 $4,025 $292,570 $40,000 $252,570
2018 $4,113 $292,090 $46,000 $246,090
2017 $4,301 $256,360 $24,000 $232,360
2016 $4,275 $246,030 $22,000 $224,030
2015 $4,095 $219,020 $22,000 $197,020
2014 $3,787 $199,110 $22,000 $177,110
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 892156

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-03-75-0000C.0-0009.00