NOT LISTED FOR SALE

Solana Lake 8951 Lake Dr Unit 506 Cape Canaveral, FL 32920

Cocoa Beach Neighborhood

Estimated Value: $464,000 - $541,000

3 Beds
2 Baths
1,956 Sq Ft
$394/mo HOA Fee

Last Sold May 15, 2012

Last sale price $230,000 $118 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,373/month

16 Days on Market

Highlights

  • Lake Front
  • Property has ocean access
  • In Ground Pool
  • Cocoa Beach Junior/Senior High School Rated A
  • Fitness Center
  • Home fronts a pond

About This Home

As of May 2012

Short Sale Contingent Upon Lender''s Approval. Top floor, corner unit with screened balcony. Open floor plan, three bedroom, two bath condo with two large walk in closets, pantry and punder building garage. Resort like amenities to include heated pool and spa, community room with sauna and fitness center, tennis court and private deeded beach access. Located close to the Port Canaveral and easy access to the Beach Line.

Last Agent to Sell the Property

Jan Petersen

Luxury Real Estate Florida LLC License #3114170 Listed on: 08/16/2011

Last Buyer's Agent

Jan Petersen

Luxury Real Estate Florida LLC License #3114170 Listed on: 08/16/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,022

Year Built

  • Built in 2002

Lot Details

  • South Facing Home

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener

Property Views

  • Pool

Home Design

  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,956 Sq Ft Home
  • Open Floorplan
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 24371400000570E50600

Community Details

Overview

  • Association fees include cable TV, insurance, security, sewer, trash, water
  • Solana Lake Condo Ph V Subdivision
  • Maintained Community
  • Car Wash Area
  • 5-Story Property

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Additional Features

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,022

Year Built

Built in 2002

Lot Details

0

HOA Fees

$394 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Pool, Water
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Management - Off Site, Spa/Hot Tub, Tennis Court(s)
  • Reso Association Fee Includes: Cable TV, Insurance, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Short Sale
  • Subdivision Name: Solana Lake Condo Ph V
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24371400000570E50600
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 4022.36
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 1956.0
  • 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
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: 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
  • Security Features Smoke Detector(s): Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 5
  • Roof Concrete2: Yes
  • Pets Allowed Dogs OK: Yes
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 4108
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 5
  • Stories: 5
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Concrete
  • Waterfront Features: Lake Front, Ocean Access, Pond, Waterfront Community
  • 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
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Waterfront Features:Ocean Access: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Garage Door Opener, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Underground2: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 394.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 394.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Additional Parcels Description: 2456295
  • Parcel #: 24371400000570E50600

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4022.36

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2011
Closed on
May 15, 2012
Sold by
Kochis George J
Bought by
Claybough Ronald and Claybough Connie
Seller's Agent
Jan Petersen
Luxury Real Estate Florida LLC
Buyer's Agent
Jan Petersen
Luxury Real Estate Florida LLC
List Price
$270,000
Sold Price
$230,000
Premium/Discount to List
-$40,000
-14.81%
Current Estimated Value
$498,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,251
Avg. Annual Appreciation
6.43%
Original Mortgage
$184,000
Interest Rate
4.01%

Purchase Details

Closed on
Feb 6, 2009
Sold by
Kochis Sarah
Bought by
Kochis George J

Purchase Details

Closed on
Jul 3, 2007
Sold by
Ford C Michael and Ford Nancy
Bought by
Kochis George J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.37%

Purchase Details

Closed on
Jul 1, 2002
Sold by
Solana Lake Inc
Bought by
Ford C Michael and Ford Nancy
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Claybough Ronald $230,000 Mosley & Wallis Title Servic
Kochis George J -- None Available
Kochis George J $400,000 Attorney
Ford C Michael $241,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Claybough Ronald $191,000
Closed Claybough Ronald $184,000
Previous Owner Kochis George J $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2012 05/15/12 Sold $230,000 -14.8% $118 / Sq Ft
09/01/2011 09/01/11 Pending -- -- --
08/16/2011 08/16/11 For Sale $270,000 -- $138 / 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 $3,184 $275,090 -- --
2023 $3,184 $267,080 $0 $0
2022 $2,914 $259,310 $0 $0
2021 $2,999 $251,760 $0 $0
2020 $3,016 $248,290 $0 $0
2019 $3,023 $242,710 $0 $0
2018 $3,055 $238,190 $0 $0
2017 $3,120 $233,300 $0 $0
2016 $3,079 $228,810 $0 $0
2015 $3,170 $227,220 $0 $0
2014 $3,216 $225,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jan Petersen

    Seller's Agent in 2012

    Jan Petersen

    Luxury Real Estate Florida LLC

    (321) 684-1494

    7 in this area

    17 Total Sales

    Jan Petersen
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About Solana Lake

Map

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

MLS Number: 622122

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-37-14-00-00057.0-E506.00

Florida Brevard County Cape Canaveral 32920 Cocoa Beach

8951 Lake Dr Unit 506, Cape Canaveral, FL

This home is located at 8951 Lake Dr Unit 506, Cape Canaveral, FL 32920 since 16 August 2011 and is currently estimated at $498,251, approximately $254 per square foot. This property was built in 2002. 8951 Lake Dr Unit 506 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.

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