NOT LISTED FOR SALE

1012 Magnolia Dr Indialantic, FL 32903

Estimated Value: $1,343,000 - $1,689,000

4 Beds
5 Baths
4,510 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 19, 2012

Last sale price $705,000 $156 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $9,273/month

216 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Wood Flooring
  • Indialantic Elementary School Rated A-
  • Vaulted Ceiling
  • 1-minute walk to Orlando Park

About This Home

As of March 2012

ABSOLUTE MAGNIFICENT ESTATE HOME TUCKED AWAY IN TROPICAL PARADISE W/COMPLETE PRIVACY. OWNER GUTTED/INVESTED 400K IN NEW MASTER, NEW GOURMET ISLAND KITCHEN W/CUSTOM CABS, ITALIAN HEARTPINE & SLATE FLOORS, NEW BATHROOMS, ELEVATOR,& 600sqft OF LIVING SPACE. 2 MASTERS, 1 W/WOOD BEAMED CEILINGS & ADJ OFFICE. AMAZING GAME ROOM. ABSOLUTE MUST SEE! NO EXPENSE SPARED. DREAM GARAGE W/LOTS OF STORAGE. ADJ TO QUIET NEIGHBORHOOD PARK. 1 BLK TO RIVER. 4 BLKS TO OCEAN.OWNER RELOCATING. THEIR LOSS IS YOUR GAIN!

Last Agent to Sell the Property

Andy Waterman

Waterman Real Estate, Inc. License #653481 Listed on: 06/22/2011

Waterman Real Estate, Inc.

Last Buyer's Agent

Winnie Atlas

Salt Water Realty of Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,088

Year Built

  • Built in 2004

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • East Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,510 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Screened Porch
  • Views of Woods
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Propane
  • Well

Listing and Financial Details

  • Assessor Parcel Number 283806ER000680000900

Community Details

Overview

  • No Home Owners Association
  • Indialantic By The Sea Sec A Subdivision

Additional Features

  • Secure Lobby
  • Secure Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,088

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Dead End Street, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Trees/Woods
  • ResoSecurityFeatures: Security System Owned, Secured Elevator, Secured Lobby
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea Sec A
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 283806ER000680000900
  • 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: 7088.29
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Living Area2: 4510.0
  • General Property Information Building Area Total3: 5819.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10018.8
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • 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
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Lot Features Dead End Street: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Electric Whole House Generator: Yes
  • View TreesWoods: Yes
  • Utilities Propane3: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, Eat-in Kitchen, Kitchen Island, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Range, Freezer, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Total Bedrooms: 9
  • General Property Information Bathrooms Half: 2
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: None
  • Roof: Tile
  • Fencing: Fenced, Wood
  • Acres: 0.23
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • 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
  • Lot Features:Cul-De-Sac: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Water Available, Propane
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2846656
  • Parcel #: 283806ER000680000900
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 7088.29

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2012
Sold by
Lonergan Tamie L
Bought by
Evans Cody
Current Estimated Value
$1,544,063

Purchase Details

Listed on
Jun 22, 2011
Closed on
Mar 19, 2012
Sold by
Lonergan Tamie L and Hartman John
Bought by
Evans Cody
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Winnie Atlas
Salt Water Realty of Brevard
List Price
$799,900
Sold Price
$705,000
Premium/Discount to List
-$94,900
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Mar 27, 2009
Sold by
Boozer Fred Durwood and Boozer Ruth Camp
Bought by
Lonergan Tamie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
5.1%

Purchase Details

Closed on
May 20, 2004
Sold by
Boozer Fred Durwood and Boozer Ruth Camp
Bought by
Boozer Fred Durwood and Boozer Ruth Camp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
4.75%
Source: Public Records

Range of Values:

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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
Evans Cody -- Attorney
Evans Cody $705,000 Attorney
Lonergan Tamie L $575,000 Title Security & Escrow Of C
Boozer Fred Durwood -- The Title Station Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lonergan Tamie L $345,000
Previous Owner Boozer Fred Durwood $455,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2012 03/19/12 Sold $705,000 -11.9% $156 / Sq Ft
01/24/2012 01/24/12 Pending -- -- --
06/22/2011 06/22/11 For Sale $799,900 -- $177 / 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 $14,101 $873,090 -- --
2024 $13,802 $848,490 -- --
2023 $13,802 $823,780 $0 $0
2022 $12,887 $799,790 $0 $0
2021 $13,321 $776,500 $0 $0
2020 $13,335 $765,780 $147,000 $618,780
2019 $14,158 $800,720 $140,450 $660,270
2018 $14,926 $820,310 $0 $0
2017 $14,411 $803,440 $140,450 $662,990
2016 $12,965 $663,390 $110,880 $552,510
2015 $6,871 $377,450 $110,880 $266,570
2014 $6,930 $374,460 $88,700 $285,760
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 618484

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-06-ER-00068.0-0009.00