NOT LISTED FOR SALE

1 Eighth Ave Unit 1201 Indialantic, FL 32903

Estimated Value: $774,000 - $797,000

3 Beds
2 Baths
2,061 Sq Ft
$465/mo HOA Fee

Last Sold June 13, 2013

Last sale price $358,550 $174 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $5,264/month

153 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Open Floorplan
  • Indialantic Elementary School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

As of June 2013

New ocean view corner unit. Bright open floor plan w/8''SGD''s. 140 MPH Rated windows and doors. 9ceilings, crown moulding, central vac. Lg island kitchen w/pantry, SS appliances, breakfast bar & nook. Kraftmaid maple cabinetry & 3cm granite in kitchen/baths/laundry. Nat. gas dryer, HWH ,and cooktop. Master bath jetted tub, lg tiled shower, his/her vanities. All Kohler faucets/fixtures. Personal AC on-site storage. 2 parking spaces:1-In/1-Out. Heated pool/spa, gas grill, clubhouse, fitness room.

Last Agent to Sell the Property

Bob Cochran

Professional Prop. of Brevard License #431306 Listed on: 11/14/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 2006

Lot Details

  • Ocean Front
  • East Facing Home

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,061 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Central Vacuum
  • Ceiling Fan
  • Screened Porch
  • Water Views
  • Closed Circuit Camera

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 273831EO000390000101

Community Details

Overview

  • Association fees include cable TV, insurance, sewer, trash, water
  • Magnolia Key Condo Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

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

Security

  • Card or Code Access
  • Secure Elevator
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,424

Year Built

Built in 2006

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Reso View: Water
  • ResoSecurityFeatures: Closed Circuit Camera(s), Fire Sprinkler System, Key Card Entry, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Barbecue, Car Wash Area, Clubhouse, Fitness Center, Maintenance Grounds, Management - Full Time, Spa/Hot Tub
  • Reso Association Fee Includes: Cable TV, Insurance, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Key Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 273831EO000390000101
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5423.95
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2061.0
  • General Property Information Building Area Total3: 2531.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • 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: East
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Pets Allowed Number Limit: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Security Features Key Card Entry: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Roof Concrete2: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Utilities Natural Gas Connected: Yes
  • Pets Allowed Dogs OK: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Levels MultiSplit: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: 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:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Spa Features:Bath: Yes
  • Appliances:Gas Water Heater: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Concrete
  • Acres: 0.05
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened, Wrap Around
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes
  • Patio And Porch Features:Wrap Around: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener, Underground, Other
  • 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:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 465.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 465.0
  • 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:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Car Wash Area: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 273831EO000390000101
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5423.95

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2018
Sold by
Schroeder Gene John and Schroeder Myra Lynn
Bought by
Madigan Jeremiah R and Madigan Joanne
Current Estimated Value
$784,297

Purchase Details

Closed on
May 1, 2015
Sold by
Radcliffe John F and Radcliffe Aimee J
Bought by
Schroeder Gene John and Schroeder Myra Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,750
Interest Rate
3.79%

Purchase Details

Listed on
Nov 14, 2012
Closed on
May 31, 2013
Sold by
Professional Properties Of Brevard Inc
Bought by
Radcliffe John F and Radcliffe Vivian
Seller's Agent
Bob Cochran
Professional Prop. of Brevard
List Price
$359,000
Sold Price
$358,550
Premium/Discount to List
-$450
-0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$340,623
Interest Rate
3.43%

Purchase Details

Closed on
Nov 11, 2009
Sold by
Magnolia Key Development Inc
Bought by
Professional Properties Of Brevard Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Madigan Jeremiah R $410,000 North American Title Company
Schroeder Gene John $387,500 State Title Partners Llp
Radcliffe John F $358,600 Alliance Title Insurance Age
Professional Properties Of Brevard Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Gene John $348,750
Previous Owner Radcliffe John F $340,623
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2013 06/13/13 Sold $358,550 -0.1% $174 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
11/14/2012 11/14/12 For Sale $359,000 -- $174 / 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
2025 $8,856 $531,540 -- --
2024 $8,940 $547,630 -- --
2023 $8,940 $547,630 -- --
2022 $7,433 $453,850 $0 $0
2021 $7,072 $389,280 $0 $389,280
2020 $6,789 $367,810 $0 $367,810
2019 $6,286 $336,030 $0 $336,030
2018 $5,740 $340,040 $0 $0
2017 $5,538 $333,050 $0 $0
2016 $5,590 $326,200 $0 $0
2015 $5,071 $295,250 $0 $0
2014 -- $292,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 654142

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-38-31-EO-00039.0-0001.01