$370,000
SOLD JAN 24, 2020

723 Lanai Cir Satellite Beach, FL 32937

3 Beds
2.5 Baths
2,342 Sq Ft
$315/mo HOA Fee

Recently Sold

$158 Per Sq Ft

1% Below List Price

235 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Main Floor Primary Bedroom
  • Ocean Breeze Elementary School Rated A-
  • Open Floorplan
  • Great Room

About This Home

As of January 2020

Come visit us at The Fabulous Gated Community of Island Walk! This is a Beautifully appointed 3 bedroom 2.5 bath that boasts a fabulous floor plan including Large Master (first floor) bedroom and closets galore! Beautiful granite in kitchens and baths with many extras! A + schools. Close to Beaches or just jump in the pool! Walk to Shops and Restaurants. Just a half hour from Cape Canaveral, just an hour to Orlando and attractions. See Agent remarks.

Last Agent to Sell the Property

JoAnne Infurna

Dale Sorensen Real Estate, Inc Listed on: 08/15/2019

Last Buyer's Agent

Tadd Hale

Denovo Realty License #3369704

Denovo Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,249

Year Built

  • Built in 2019 | New Construction

Lot Details

  • North Facing Home

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Patio Home
  • Villa
  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,342 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Great Room
  • Family Room
  • Living Room
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • In Ground Pool
  • Porch

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include pest control, security, sewer, trash, water
  • Kathi Shotwell Association, Phone Number (321) 723-9888
  • Island Walk Townhomes Condo Ph I Subdivision
  • Maintained Community

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Card or Code Access

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,249

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Reso Property Sub Type: Townhouse
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Key Card Entry, Security Gate
  • Reso Association Amenities: Maintenance Grounds, Maintenance Structure, Management - Full Time, Other
  • Reso Association Fee Includes: Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Island Walk Townhomes Condo Ph I
  • Architectural Style: Patio Home, Villa
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 2342.0
  • General Property Information Building Area Total3: 2885.0
  • General Property Information New Construction YN: Yes
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Microwave: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Levels Two: Yes
  • Pets Allowed Size Limit: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Association Phone: (321) 723-9888
  • Architectural Style Patio Home: Yes
  • Architectural Style Villa: Yes
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Breakfast Bar, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Other
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • ResoLivingAreaSource: Other
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community, In Ground
  • Roof: Tile, Other
  • Waterfront: No
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • Direction Faces: North
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 315.0
  • Association Fee Frequency: Monthly
  • Association Name: Kathi Shotwell
  • Phone: 321-723-9888
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Kathi Shotwell
  • General Property Information:Association Fee: 315.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Additional Parcels Description: 0000000

Rental Info

  • Furnished: Unfurnished

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2019
Closed on
Jan 24, 2020
Sold by
Acadian Investments Llc
Bought by
Mohan Usha and Mohan Tim
Seller's Agent
JoAnne Infurna
Dale Sorensen Real Estate, Inc
Buyer's Agent
Tadd Hale
Denovo Realty
List Price
$374,900
Sold Price
$370,000
Premium/Discount to List
-$4,900
-1.31%
Current Estimated Value
$550,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,225
Avg. Annual Appreciation
7.85%
Original Mortgage
$200,000
Outstanding Balance
$178,643
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$381,909
Source: Public Records

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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 Type Sale Price Title Company
Special Warranty Deed $370,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Rented $3,550 -5.3% --
06/08/2023 06/08/23 Under Contract -- -- --
05/04/2023 05/04/23 Price Changed $3,750 -3.8% $2 / Sq Ft
03/28/2023 03/28/23 For Rent $3,900 0.0% --
10/01/2022 10/01/22 Rented $3,900 0.0% --
09/15/2022 09/15/22 Under Contract -- -- --
08/25/2022 08/25/22 For Rent $3,900 0.0% --
08/05/2022 08/05/22 Rented $3,900 0.0% --
08/01/2022 08/01/22 Under Contract -- -- --
07/18/2022 07/18/22 Price Changed $3,900 -6.0% $2 / Sq Ft
07/01/2022 07/01/22 For Rent $4,150 0.0% --
01/24/2020 01/24/20 Sold $370,000 -1.3% $158 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/15/2019 08/15/19 For Sale $374,900 0.0% $160 / Sq Ft
08/04/2019 08/04/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $374,900 +2.7% $160 / Sq Ft
01/25/2019 01/25/19 For Sale $364,990 -- $156 / 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 $7,249 $406,430 $0 $406,430
2022 $4,939 $322,150 $0 $0
2021 $5,016 $312,770 $0 $312,770
2020 $988 $78,000 $0 $78,000
2019 $755 $60,000 $0 $60,000
2018 $738 $60,000 $0 $60,000
2017 $499 $25,000 $0 $25,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 838372

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-14-03-00000.0-000G.17