NOT LISTED FOR SALE

1171 N Indian River Dr Cocoa, FL 32922

Dixon's Neighborhood

Estimated Value: $1,224,503 - $1,547,000

5 Beds
5 Baths
4,420 Sq Ft
$313/Sq Ft Est. Value

Last Sold August 13, 2018

Last sale price $700,000 $158 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $8,831/month

106 Days on Market

Highlights

  • 114 Feet of Waterfront
  • River Access
  • 0.61 Acre Lot
  • Dock made with wood
  • River View
  • Key West Architecture

About This Home

As of August 2018

The one-of-a-kind, ''Le Chateau Sur La Riviere,'' an exquisite 4420 sq. ft. waterfront estate designed for entertaining! From the moment you enter the foyer, the grand staircase beckons you to step inside and absorb the splendid Indian River vistas from almost every room! Private balconies and wrap-around porches, gated and paver drive-way, beautifully landscaped yard, 3-car garage, with bathroom, custom stained glass and Woodwork throughout, along with a 100' dock w/boat slip, complete this elegant Indian River Waterfront home. Open kitchen with river views boasts Granite countertops, butcher block island, built-in desk, breakfast porch with its own wet bar; Large walk-in pantry. Built 6' above ground level for exceptional storm protection! 2018 NEW ROOF & NEW DEEPWATER DOCK!

Spiral staircase provides a private entrance to luxurious Master Suite. His/her master baths with private balconies and enormous walk-in closets with custom shelving and drawers; Hers with jetted garden tub, mini-refrigerator, and wet-bar; His with a steam shower and expansive vanity, . Cathedral ceilings throughout, whole house audio and intercom security; Large, Formal Dining & Living rooms and relaxing Family room with wood-burning fireplace offer plenty of space for living and entertaining. Enjoy colorful sunrises and expansive river views from this spectacular property!!

https://youtu.be/k-ZUNPvFVpI

Last Listed By

Lynnette Hendricks

FLORIDA EAST COAST REAL ESTATE License #651304 Listed on: 04/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,112

Year Built

  • Built in 1988

Lot Details

  • 0.61 Acre Lot
  • 114 Feet of Waterfront
  • River Front
  • Fenced
  • Property is zoned RE

Parking

  • 2 Car Garage
  • 1 Carport Space
  • Bathroom In Garage

Home Design

  • Key West Architecture
  • Bi-Level Home
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,420 Sq Ft Home
  • Wet Bar
  • Wood Burning Fireplace
  • Breakfast Room
  • Den
  • River Views
  • Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • River Access
  • Dock made with wood
  • Separate Outdoor Workshop
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Georgia Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,112

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 4420
  • Lot Size Acres: 0.61
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 6430
  • Lot Size Sq Ft: 26572
  • Directions to Property: Olive Street from US route 1 or King Street in Cocoa to Inidan River Drive North to 1171. Home is just south of Dixon Boulevard on Indian River Drive.
  • Status: Sold
  • Street Direction: N
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5571647&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5571647&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98731
  • Price per Sq Ft: 158.37
  • Close to Original List Price Ratio: 0.92227
  • Ratio: Current Price\Building Area Total: 108.86
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Attic, Intercom, Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 5
  • Levels: Two
  • Street Number Modifier: 1171
  • Room Count: 4
  • Additional Rooms: Attic, Breakfast Room Separate, Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Workshop
  • Exterior Features: Fenced, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Water View: River
  • Water Access: River
  • Water Extras: Dock - Wood
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12009C0340G
  • Waterfront Frontage: 114
  • Water Frontage Feet River: 114

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Bath In Garage
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer, Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: RE
  • Parcel Number: 24-36-21-50-00000.0-0016.00
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Pet Restrictions: Please verify all Pet Restrictions
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please verify all Lease Restrictions

Tax Info

  • Tax Annual Amount: 7112
  • Tax Block: 12
  • Tax Book Number: 9-38
  • Tax Lot: 16

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Aug 13, 2018
Sold by
Molitor Judith M and Molitor Donald N
Bought by
Noecker William C and Noecker Sandra J
Seller's Agent
Lynnette Hendricks
FLORIDA EAST COAST REAL ESTATE
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$759,000
Sold Price
$700,000
Premium/Discount to List
-$59,000
-7.77%
Total Days on Market
106
Current Estimated Value
$1,384,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,376
Avg. Annual Appreciation
8.99%
Original Mortgage
$560,000
Outstanding Balance
$493,328
Interest Rate
4.5%
Estimated Equity
$761,116

Purchase Details

Closed on
Feb 9, 2000
Sold by
Molitor Donald N and Molitor Judith M
Bought by
Molitor Judith M

Range of Values:

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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
Noecker William C $700,000 Island Title & Escrow Agency
Molitor Judith M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noecker William C $560,000
Previous Owner Molitor Donald N $850,000
Previous Owner Molitor Donald N $170,655
Previous Owner Molitor Judith M $117,254
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2018 08/13/18 Sold $700,000 0.0% $158 / Sq Ft
08/13/2018 08/13/18 Sold $700,000 -1.3% $158 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
07/13/2018 07/13/18 Pending -- -- --
06/18/2018 06/18/18 Price Changed $709,000 0.0% $160 / Sq Ft
06/18/2018 06/18/18 Price Changed $709,000 -5.3% $160 / Sq Ft
05/01/2018 05/01/18 Price Changed $749,000 0.0% $169 / Sq Ft
05/01/2018 05/01/18 Price Changed $749,000 -1.3% $169 / Sq Ft
03/29/2018 03/29/18 For Sale $759,000 0.0% $172 / Sq Ft
03/22/2018 03/22/18 Price Changed $759,000 -1.3% $172 / Sq Ft
03/02/2018 03/02/18 For Sale $769,000 +9.9% $174 / Sq Ft
03/02/2018 03/02/18 Off Market $700,000 -- --
02/21/2018 02/21/18 Price Changed $769,000 -0.8% $174 / Sq Ft
12/29/2017 12/29/17 For Sale $774,999 +10.7% $175 / Sq Ft
11/28/2017 11/28/17 Off Market $700,000 -- --
07/25/2017 07/25/17 Price Changed $779,000 -0.6% $176 / Sq Ft
06/14/2017 06/14/17 Price Changed $784,000 -0.6% $177 / Sq Ft
04/10/2017 04/10/17 Price Changed $789,000 -1.3% $179 / Sq Ft
03/06/2017 03/06/17 Price Changed $799,000 -3.2% $181 / Sq Ft
12/03/2016 12/03/16 For Sale $825,000 -- $187 / Sq Ft
Source: Stellar MLS

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
2023 $12,981 $744,420 $0 $0
2022 $10,312 $629,760 $0 $0
2021 $10,434 $611,420 $0 $0
2020 $10,160 $602,980 $308,000 $294,980
2019 $10,514 $612,490 $308,000 $304,490
2018 $7,066 $418,840 $0 $0
2017 $7,112 $410,230 $0 $0
2016 $7,174 $401,800 $258,000 $143,800
2015 $7,308 $399,510 $258,500 $141,010
2014 $7,255 $396,340 $258,500 $137,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5571647

Stellar MLS

APN: 24-36-21-50-00000.0-0016.00