Seller's Agent in 2024
Richard Lemon
Keller Williams Space Coast
(321) 288-5506
38 in this area
157 Total Sales
5106 Royal Paddock Way Merritt Island, FL 32953
Estimated Value: $889,187 - $934,000
4
Beds
3
Baths
3,007
Sq Ft
$305/Sq Ft
Est. Value
Highlights
- Solar Heated In Ground Pool
- Home fronts a pond
- 1 Acre Lot
- Lewis Carroll Elementary School Rated A-
- RV Access or Parking
- Contemporary Architecture
About This Home
As of March 2024Welcome to your own private oasis! This 4 bedroom 3 bathroom pool home on 1 full acre of lush landscaping is located in the desirable Chase Hammock Lakes gated community. Surrounded by elegant high-end custom homes, this home boasts a huge master bedroom, an extended lanai with solar and gas heated inground pool and hot tub. A beautiful winding pathway takes you to your own private waterfront gazebo and fire pit. This home was designed around the outdoor space as a focal point with over 40 feet of glass overlooking the pool and spa. Master bedroom is 18x24 that has 2 walk-in closets and French doors that open to the pool. The spa like ensuite has a double vanity, large shower and jacuzzi tub. Formal living room and family room both have access to the pool with sliding doors. Huge Kitchen with marble countertops, under cabinet lighting, gas stove and stainless-steel appliances and large pantry. Please see feature sheet in documents tab for much more.. With both an eat-in kitchen and formal dining that open to the family room provides plenty of space for entertaining. Each of the additional 3 bedrooms have their own walk-in closets. Jack and Jill bathroom between 2 bedrooms and the pool bath is across from the 4th bedroom. If you love entertaining or have a big family, you are going to love the 1,900 sq ft screened lanai. Large enough for dining for 8, a sitting area with TV, two full sized couches and 2 chairs under cover. For the sun lovers, 2 lounge chairs, a small table and chairs as well as a daybed and 2 side chairs. The lanai is plumbed for an outdoor kitchen for gas and sink. At the end of the day, stroll down the winding path to your own private waterfront gazebo and firepit. use your kayak or canoe and fish from your back yard as the lake is stocked with bass, tarpon, tilapia and more! The garage is big enough for 2 cars and a boat of small RV. There is also a pull down stair with ample storage for all you seasonal items. As this community only has 61 homes with a few coming to market every year, they sell quickly! Don't miss your opportunity to own this resort like home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,286
Year Built
- Built in 2017
Lot Details
- 1 Acre Lot
- Home fronts a pond
- Cul-De-Sac
- Street terminates at a dead end
- East Facing Home
- Corner Lot
HOA Fees
- $125 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- RV Access or Parking
Home Design
- Contemporary Architecture
- Shingle Roof
- Block Exterior
- Asphalt
- Stucco
Interior Spaces
- 3,007 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Entrance Foyer
- Living Room
- Dining Room
- Screened Porch
- Tile Flooring
- Pool Views
- Security Gate
Kitchen
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Pool
- Solar Heated In Ground Pool
- In Ground Spa
Outdoor Features
- Fire Pit
- Gazebo
Schools
- Carroll Elementary School
- Jefferson Middle School
- Merritt Island High School
Utilities
- Central Heating and Cooling System
- Well
- Electric Water Heater
- Septic Tank
- Sewer Not Available
- Cable TV Available
Community Details
- Association fees include ground maintenance
- Chase Hammock Lakes Association
- Chase Hammock Lakes Subdivision
- Greenbelt
Listing and Financial Details
- Assessor Parcel Number 23-36-25-25-0000a.0-0001.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2024
Closed on
Mar 8, 2024
Sold by
Okolita Robert A and Okolita Patricia A
Bought by
Leake Steven P and Leake Amanda M
Seller's Agent
Richard Lemon
Keller Williams Space Coast
Buyer's Agent
Bob Petty
Coldwell Banker Coast Realty
List Price
$919,000
Sold Price
$919,000
Total Days on Market
10
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,203
Avg. Annual Appreciation
-0.39%
Purchase Details
Listed on
Jan 20, 2015
Closed on
Dec 9, 2015
Sold by
Hcv Llc
Bought by
Okolita Robert A and Okolita Patricia A
Seller's Agent
Ellen Rubino
RE/MAX Aerospace Realty
Buyer's Agent
Richard Lemon
Pytha Realty Group
List Price
$99,000
Sold Price
$119,900
Premium/Discount to List
$20,900
21.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.00%
Purchase Details
Listed on
Oct 20, 2013
Closed on
Dec 26, 2013
Sold by
Suntrust Bank
Bought by
Hcv Llc
Seller's Agent
Andrea Simon
Coldwell Banker Realty
Buyer's Agent
Joey Puzino
Realty World Curri Properties
List Price
$59,900
Sold Price
$50,000
Premium/Discount to List
-$9,900
-16.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.08%
Purchase Details
Closed on
Sep 24, 2013
Sold by
Bagwell Brad A and Bagwell Odilie M
Bought by
Suntrust Bank
Purchase Details
Closed on
Apr 16, 2004
Sold by
Chase Hammock Lakes Llc
Bought by
Bagwell Brad A and Bagwell Odilie M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
5.38%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Leake Steven P | $919,000 | None Listed On Document | |
| Okolita Robert A | $119,900 | Landmark Title Agency Inc | |
| Hcv Llc | $50,000 | Consuegra Title Llc | |
| Suntrust Bank | -- | Attorney | |
| Bagwell Brad A | $140,000 | International Title & Escrow |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Okolita Robert A | $370,000 | |
| Previous Owner | Okolita Robert | $391,500 | |
| Previous Owner | Bagwell Brad A | $113,800 | |
| Previous Owner | Bagwell Brad A | $112,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $919,000 | 0.0% | $306 / Sq Ft |
| 02/07/2024 02/07/24 | Pending | -- | -- | -- |
| 01/27/2024 01/27/24 | For Sale | $919,000 | +666.5% | $306 / Sq Ft |
| 12/08/2015 12/08/15 | Sold | $119,900 | +21.1% | $48 / Sq Ft |
| 11/10/2015 11/10/15 | Pending | -- | -- | -- |
| 01/19/2015 01/19/15 | For Sale | $99,000 | +98.0% | $40 / Sq Ft |
| 01/10/2014 01/10/14 | Sold | $50,000 | -16.5% | $20 / Sq Ft |
| 12/18/2013 12/18/13 | Pending | -- | -- | -- |
| 10/20/2013 10/20/13 | For Sale | $59,900 | -- | $24 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $6,548 | $507,150 | $0 | $0 |
| 2022 | $6,131 | $492,380 | $0 | $0 |
| 2021 | $6,467 | $478,040 | $0 | $0 |
| 2020 | $6,442 | $472,530 | $0 | $0 |
| 2019 | $6,424 | $461,910 | $0 | $0 |
| 2018 | $6,463 | $453,300 | $0 | $0 |
| 2017 | $1,686 | $25,000 | $0 | $0 |
| 2016 | $1,489 | $95,000 | $95,000 | $0 |
| 2015 | $904 | $55,000 | $55,000 | $0 |
| 2014 | $921 | $55,000 | $55,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Lemon
-
Bob Petty
Buyer's Agent in 2024
Bob Petty
Coldwell Banker Coast Realty
(321) 383-3330
3 in this area
43 Total Sales
-
Ellen Rubino
Seller's Agent in 2015
Ellen Rubino
RE/MAX
(321) 508-6077
19 in this area
147 Total Sales
-
Andrea Simon
Seller's Agent in 2014
Andrea Simon
Coldwell Banker Realty
(321) 394-7776
5 in this area
30 Total Sales
-
J
Buyer's Agent in 2014
Joey Puzino
Realty World Curri Properties
Map
Similar Homes in Merritt Island, FL
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 1003211
APN: 23-36-25-25-0000A.0-0001.00
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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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