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$1,795,000

Beds
5
Baths
4.5
sq ft
5,488

4022 Tradewinds Trl, Merritt Island, FL 32953

4022 Tradewinds Trl

Merritt Island, FL 32953

  • 63 days on market
    • Price drop $155,000↓
Located in the exclusive gated enclave of Island Estates in North Merritt Island, this distinguished estate spans nearly 5,500 sq ft of refined living. With soaring coffered ceilings, a library w/ custom built-ins & a serene primary suite on the main level, the home masterfully balances grandeur & intimacy. The kitchen, featuring dual islands, exquisite cabinetry & a breakfast nook overlooking manicured grounds, is a culinary masterpiece. Nestled on 2-acres w/ a tranquil lake backdrop, the outdoor retreat includes a saltwater heated pool, private observatory & lush landscaping. Practical design elements like a first-floor laundry, oversized storage w/ a refrigerator & a second storage w/ built-in shelving upstairs enhance functionality. Added features include a 5-car garage, a new roof & gutters (2023) & a sophisticated security system. Community amenities like river & lakefront piers, tennis courts & more elevate the lifestyle of this sanctuary of sophistication & timeless comfort.

Details

Property type

Single Family Residence

Est. home value

$1,538,637

Lot size

1.99 acres

Price per sq ft

$328

Year built

2011

Annual property taxes

$9,440.29

Monthly HOA fee

$79.83

Price History

03/07/2025
BrevardMLS

BrevardMLS #1035428

Price change
$1,795,000
-7.95%
02/01/2025
BrevardMLS

BrevardMLS #1035428

Listed
$1,950,000
+81.27%
11/24/2020
BrevardMLS

BrevardMLS #884568

Sold
$1,075,750
+24.36%

Schools & Community

Elementary school: 

Carroll

Middle school: 

Jefferson

High school: 

Merritt Island

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$874,305
Asking price
$1,795,000
Closing costs (~8% of asking)
-$143,600
Est. remaining loan balance
-$777,095
Cash to seller
$874,305

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2020

Original loan amount

$860,600

Est. remaining balance

$777,095

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Francis J Kane Jr and Kerri W Kane

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/31/2025 at 12:40 PM

Listing updated: 03/17/2025 at 3:00 AM

Listed by: Carolyn Smith, Compass Florida LLC Phone #: (321) 422-2160

MLS: BrevardMLS #1035428

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