NOT LISTED FOR SALE

1108 S Riverside Dr Indialantic, FL 32903

Estimated Value: $3,033,000 - $3,851,000

4 Beds
5.5 Baths
6,488 Sq Ft
$531/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $1,675,000 $258 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $20,114/month

374 Days on Market

Highlights

  • Community Boat Dock
  • Boat Lift
  • In Ground Pool
  • Indialantic Elementary School Rated A-
  • Intracoastal View
  • 3-minute walk to Orlando Park

About This Home

As of December 2015

Spectacular Riverfront Estate! Circular Pavered Drive! Grand Entrance! Exquisite Double Sided Gas Fireplace. Marble Floors! Hard Wood Flooring! Custom Designer Carpeting! Gourmet Kitchen, Custom Designer Cabinets And Granite! A Chef's Dream: Thermador Double Oven, 2 Sub Zero Refrigerators, Jenn Aire Cooktop, Bosch Dishwasher, Ge Compactor, Thermador Microwave. Two Huge Pantries! Fantastic Formal Living & Dining Rooms! Family Room, Flex Room, Nook, Library, And More! Mini Bar! Surround Sound! Built-Ins! Water Treatment System! Central Vacuum! Luxury Appointments Throughout! Infinity Edge Saline Pool With Water Features And Built In Spa! Two Home Theatre Entertainment Systems Included! Custom Exterior Lighting! Private Covered Dock With Two Lifts And Kayak Storage And Launch Area! Lush St. Augustine Grass And Mature Landscaping! Security System! Electronic Hurricane Shutters! Attached 2 Car Garage AND A 3 Car Detached Garage W/AC. Views, Views, Views! Call Today For Your Private Tour!

Last Agent to Sell the Property

Barbara Wall

BHHS Florida Realty License #345418 Listed on: 10/08/2014

BHHS Florida Realty

Co-Listed By

Scott Wall-Desousa

Blue Marlin Real Estate License #3286249

Last Buyer's Agent

Rita Soni

Dale Sorensen Real Estate Inc. License #3168486

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,828

Year Built

  • Built in 2002

Lot Details

  • 0.9 Acre Lot
  • River Front
  • East Facing Home
  • Wrought Iron Fence
  • Front and Back Yard Sprinklers

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Guest Parking

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 6,488 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Loft
  • Bonus Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature

Outdoor Features

  • Boat Lift
  • Balcony
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-01-Es-00067.0-0002.00

Community Details

Overview

  • No Home Owners Association
  • Indialantic By The Sea Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,828

Year Built

Built in 2002

Lot Details

0.9 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Sink
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Concrete
  • Reso View: Pool, River, Water, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Closed Circuit Camera(s), Security System Leased, Security System Owned, Smoke Detector(s)
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: 03320
  • Co List Office Phone: 321-768-7600
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-01-Es-00067.0-0002.00
  • 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: 25828.5
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 6488.0
  • General Property Information Building Area Total3: 7938.0
  • General Property Information Lot Size Acres: 0.9
  • General Property Information Lot Size Square Feet2: 39150.0
  • 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
  • Fencing Fenced2: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Roof:Tile2: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Interior Features Guest Suite: Yes
  • Pool Features Waterfall: Yes
  • Security Features Security System Leased: Yes
  • Fencing Wrought Iron: Yes
  • General Property Information Lot Size Dimensions: 100.0 ft x 250.0 ft
  • Pool Features Salt Water: Yes
  • Utilities Propane3: Yes
  • Exterior Features Boat Lift: Yes
  • Room Types Bonus Room: Yes
  • Room Types Loft: Yes
  • View Intracoastal: Yes
  • Security Features Closed Circuit Camera(s): Yes
  • Flooring Marble: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), Central Vacuum, Guest Suite, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Other
  • Flooring: Carpet, Marble, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: 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:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:Central Vacuum: Yes
  • Appliances:Trash Compactor: Yes

Exterior Features

  • Exterior Features: Balcony, Boat Lift, Storm Shutters
  • Pool Features: In Ground, Private, Salt Water, Waterfall
  • Roof: Tile
  • Fencing: Fenced, Wrought Iron
  • Acres: 0.9
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Stucco, Wood Siding
  • 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
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Parking Features: Attached, Circular Driveway, Detached, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 5.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Circular Driveway: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, 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
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 250.0 ft
  • Lot Size Sq Ft: 39150.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-01-Es-00067.0-0002.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 25828.5

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2014
Closed on
Dec 4, 2015
Sold by
Latour Jd Bradley S and Indiana Trust & Investment Man
Bought by
Patel Rakesh and Patel Jayshree
Seller's Agent
Barbara Wall
BHHS Florida Realty
Buyer's Agent
Rita Soni
Dale Sorensen Real Estate Inc.
List Price
$2,199,000
Sold Price
$1,675,000
Premium/Discount to List
-$524,000
-23.83%
Current Estimated Value
$3,447,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,772,199
Avg. Annual Appreciation
7.35%
Original Mortgage
$1,500,000
Outstanding Balance
$1,191,753
Interest Rate
4.01%
Estimated Equity
$2,255,446

Purchase Details

Closed on
Feb 2, 2001
Sold by
Taylor L Perry
Bought by
Ball Frank E and Ball Rosemary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Rakesh $1,675,000 Liberty Maximum Title Inc
Ball Frank E $625,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rakesh $1,500,000
Previous Owner Ball Frank E $305,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $1,675,000 -23.8% $258 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
10/08/2014 10/08/14 For Sale $2,199,000 -- $339 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $28,893 $1,749,090 -- --
2024 $28,303 $1,699,800 -- --
2023 $28,303 $1,650,300 $0 $0
2022 $26,472 $1,602,650 $0 $0
2021 $27,395 $1,555,980 $0 $0
2020 $27,435 $1,534,500 $0 $0
2019 $27,150 $1,500,000 $0 $0
2018 $27,374 $1,472,040 $0 $0
2017 $26,468 $1,443,580 $0 $0
2016 $27,082 $1,430,050 $674,000 $756,050
2015 $27,959 $1,377,530 $570,500 $807,030
2014 $25,671 $1,283,500 $570,500 $713,000
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 708390

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-01-ES-00067.0-0002.00

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