NOT LISTED FOR SALE

Solana Lake 8951 Lake Dr Unit 503 Cape Canaveral, FL 32920

Cocoa Beach Neighborhood

Estimated Value: $434,000 - $478,000

2 Beds
2 Baths
1,828 Sq Ft
2,178 Sq Ft Lot

Last Sold November 15, 2016

Last sale price $315,000 $172 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,946/month

Highlights

  • Lake Front
  • In Ground Pool
  • Home Office
  • Cocoa Beach Junior/Senior High School Rated A
  • Open Floorplan
  • Balcony

About This Home

As of January 2023

Sparkling Clean, beautifully, and fully furnished, tastefully decorated 1828 SF condominium unit with spectacular view of the lake, fountain and pool. Unit interior includes a roomy master suite a guest room and bath plus a cozy den. The spacious balcony offers a view of the lake and pool. Community amenities include: Sauna, exercise room, community center, tennis courts, car wash. Walk to the beach. Enclosed parking under building. One-year lease term. Sorry, NO pets.

Last Agent to Rent the Property

Gerard Dillon

RE/MAX Aerospace Realty License #3266142 Listed on: 12/24/2022

RE/MAX Aerospace Realty

Last Renter's Agent

Patricia Macleod

Ellingson Properties License #686809

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,467

Year Built

  • Built in 2002

Lot Details

  • Northwest Facing Home

Parking

  • 1 Car Garage

Property Views

  • Pool

Interior Spaces

  • 1,828 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Ceiling Fan
  • Home Office
  • Library

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Dual Closets
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

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

Listing and Financial Details

  • Property Available on 1/2/23
  • The owner pays for grounds care, pool maintenance
  • Rent includes cable TV, internet, sewer, water
  • Assessor Parcel Number 24-37-14-00-00057.0-E503.00

Community Details

Overview

  • Property has a Home Owners Association
  • Solana Lake Condo Ph V Association
  • Solana Lake Condo Ph V Subdivision

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,467

Year Built

Built in 2002

Lot Details

0

Parking

1

Rental Info

  • Furnished: Furnished
  • Rent Includes: Cable TV, Internet, Sewer, Water
  • Owner Pays: Grounds Care, Pool Maintenance
  • Available Date: 2023-01-02

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2002
  • Reso Property Sub Type: Condominium
  • Reso View: Pool, Water
  • ResoSecurityFeatures: Key Card Entry, Smoke Detector(s), Secured Elevator, Secured Lobby
  • Subdivision Name: Solana Lake Condo Ph V
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Location Tax and Legal Parcel Number2: 24-37-14-00-00057.0-E503.00
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • General Property Information Living Area2: 1828.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Direction Faces: Northwest
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • View Pool: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Utilities Sewer Available: Yes
  • Levels MultiSplit: Yes
  • Pets Allowed No: Yes
  • Room Types Den: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s), His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: In Ground
  • Acres: 0.05
  • Waterfront: Yes
  • Direction Faces: Northwest
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: One Time
  • Association Name: SOLANA LAKE CONDO PH V
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: SOLANA LAKE CONDO PH V
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2456292
  • Parcel #: 24-37-14-00-00057.0-E503.00
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2016
Closed on
Nov 1, 2016
Bought by
Lina M Stevenson Revocable Tru
Seller's Agent
Jan Petersen
Luxury Real Estate Florida LLC
Buyer's Agent
Lou Ann Janke
Elite Real Estate
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%
Current Estimated Value
$457,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,057
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Sep 14, 2004
Sold by
Jones Paul and Jones Marianne
Bought by
Ray Neill L and Petersen Jan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
4.75%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Solana Lk Inc
Bought by
Jones Paul and Jones Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,520
Interest Rate
6.67%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lina M Stevenson Revocable Tru $315,000 --
Ray Neill L $389,900 Gulfatlantic Title
Jones Paul $201,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ray Neill L $211,000
Previous Owner Jones Paul L $50,000
Previous Owner Jones Paul $161,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Rented $2,800 0.0% --
01/07/2023 01/07/23 Under Contract -- -- --
12/24/2022 12/24/22 For Rent $2,800 0.0% --
06/01/2022 06/01/22 Rented $2,800 0.0% --
04/04/2022 04/04/22 Under Contract -- -- --
03/11/2022 03/11/22 For Rent $2,800 0.0% --
11/15/2016 11/15/16 Sold $315,000 -4.3% $172 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/01/2016 10/01/16 For Sale $329,000 -- $180 / 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
2024 $5,467 $450,220 -- --
2023 $5,467 $429,780 $0 $0
2022 $4,728 $395,750 $0 $0
2021 $4,248 $301,960 $0 $301,960
2020 $4,140 $287,610 $0 $287,610
2019 $4,121 $277,940 $0 $277,940
2018 $4,294 $280,260 $0 $280,260
2017 $4,190 $260,930 $0 $260,930
2016 $2,444 $189,140 $0 $0
2015 $2,516 $187,830 $0 $0
2014 $2,550 $186,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gerard Dillon

    Landlord's Agent in 2023

    Gerard Dillon

    RE/MAX

    (321) 613-3590

    2 in this area

    21 Total Sales

    Gerard Dillon
    Section Image

  • P

    Tenant's Agent in 2023

    Patricia Macleod

    Ellingson Properties

    (321) 258-8179

    1 in this area

    26 Total Sales

    Patricia Macleod
    Section Image

  • S

    Buyer's Agent in 2022

    Sarah Rutherford

    Real Estate Direct of Florida

    (321) 266-3041

    10 Total Sales

    Sarah Rutherford
    Section Image
  • Jan Petersen

    Seller's Agent in 2016

    Jan Petersen

    Luxury Real Estate Florida LLC

    (321) 684-1494

    7 in this area

    16 Total Sales

    Jan Petersen
    Section Image
  • Lou Ann Janke

    Buyer's Agent in 2016

    Lou Ann Janke

    Elite Real Estate

    (321) 795-8541

    8 in this area

    14 Total Sales

    Lou Ann Janke
    Section Image
See All Agents

About Solana Lake

Map

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

MLS Number: 953253

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-14-00-00057.0-E503.00

Florida Brevard County Cape Canaveral 32920 Cocoa Beach

8951 Lake Dr Unit 503, Cape Canaveral, FL

This home is located at 8951 Lake Dr Unit 503, Cape Canaveral, FL 32920 since 24 December 2022 and is currently priced at $457,057. This property was built in 2002. 8951 Lake Dr Unit 503 is a home located in Brevard County with nearby schools including Cape View Elementary School, Cocoa Beach Junior/Senior High School, and Our Saviour 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.

Nearby Homes