NOT LISTED FOR SALE

1198 N Indian River Dr Cocoa, FL 32922

Dixon's Neighborhood

Estimated Value: $340,000 - $830,000

3 Beds
2 Baths
1,955 Sq Ft
$335/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $765,000 $391 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $3,848/month

49 Days on Market

Highlights

  • Boathouse
  • River View
  • No HOA
  • Boat Dock
  • Wood Flooring
  • Balcony

About This Home

As of July 2023

DRASTIC PRICE IMPROVEMENT!! Beautiful Direct Riverfront Custom Built property located on a half-acre lot on the Indian River offers 3 Bedrooms, 2 Bathrooms, Formal Dining, Family Room and an Attached 3 Car Garage. All of the bedrooms on the top floor have cedar closets. Original hardwood floors, Merritt Island pine, beamed ceilings, wrap around balcony and many other timeless features abound in the preservation of the original 1962 construction.
The epic waterfront access lends for the construction of a private dock and/or boathouse. While updates & personal interior design will likely be desired, this Indian Riverfront estate is full of grand possibilities! The home is situated on a lot with the feel of its own private island.

Last Agent to Sell the Property

Elyce Brown

Charles Rutenberg Realty License #3074187 Listed on: 04/08/2023

Charles Rutenberg Realty

Co-Listed By

Corey Smith

Charles Rutenberg Realty License #3074055

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,908

Year Built

  • Built in 1962

Lot Details

  • 0.48 Acre Lot
  • River Front
  • South Facing Home
  • Vinyl Fence

Parking

  • 3 Car Attached Garage

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,955 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Skylights
  • Family Room
  • Living Room
  • Dining Room
  • River Views
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boathouse
  • Balcony
  • Wrap Around Porch

Schools

  • Cambridge Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 24-36-21-Bm-00000.0-0006.00

Community Details

Overview

  • No Home Owners Association
  • Dixons Subd Association
  • Dixons Subd Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,908

Year Built

Built in 1962

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Reso Property Sub Type: Single Family Residence
  • Reso View: River, Water
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • Co List Office Mls Id: spc.ocrut3
  • Co List Office Phone: 407-622-2122
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Dixons Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Reso Other Structures: Boat House
  • Location Tax and Legal Parcel Number2: 24-36-21-Bm-00000.0-0006.00
  • Location Tax and Legal Elementary School: Cambridge
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 2908.08
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 1955.0
  • General Property Information Building Area Total3: 2615.0
  • General Property Information Lot Size Acres: 0.48
  • General Property Information Lot Size Square Feet2: 20909.0
  • 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: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Levels Three Or More: Yes
  • Other Structures Boat House: Yes
  • Fencing Vinyl2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Skylight(s)
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Skylight(s): Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: None
  • Roof: Metal, Other
  • Fencing: Fenced, Vinyl
  • Acres: 0.48
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding, Other
  • Direction Faces: South
  • Patio And Porch Features: Porch, Wrap Around
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:Balcony: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Construction Materials:Other15: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected
  • Cooling Y N: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: DIXONS SUBD
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: DIXONS SUBD
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 20909.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2416885
  • Parcel #: 24-36-21-Bm-00000.0-0006.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2908.08

MLS Schools

  • Elementary School: Cambridge
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
Jul 3, 2023
Sold by
Pierce Richard A and Pierce Deana M
Bought by
Quigley Timothy S and Quigley Carla V
Seller's Agent
Elyce Brown
Charles Rutenberg Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$999,000
Sold Price
$765,000
Premium/Discount to List
-$234,000
-23.42%
Views
48
Current Estimated Value
$653,470

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$111,530
Avg. Annual Appreciation
-5.57%
Original Mortgage
$726,200
Outstanding Balance
$711,829
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$33,516

Purchase Details

Listed on
Apr 8, 2023
Closed on
Jun 15, 2023
Sold by
Meier Colette K
Bought by
Pierce Richard A and Pierce Deana M
Seller's Agent
Elyce Brown
Charles Rutenberg Realty
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$999,000
Sold Price
$765,000
Premium/Discount to List
-$234,000
-23.42%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Outstanding Balance
$711,829
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
-$33,516

Purchase Details

Closed on
Jul 27, 2012
Sold by
Pierce Deana M and Pierce Richard A
Bought by
Pierce Richard A and Pierce Deana M
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
Quigley Timothy S $765,000 Prestige Title Of Brevard
Pierce Richard A $100 Prestige Title Of Brevard
Pierce Richard A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quigley Timothy S $726,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $765,000 -4.4% $391 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $799,900 -13.5% $409 / Sq Ft
05/02/2023 05/02/23 Price Changed $924,900 -5.1% $473 / Sq Ft
04/20/2023 04/20/23 Price Changed $974,900 -2.4% $499 / Sq Ft
04/08/2023 04/08/23 For Sale $999,000 -- $511 / 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
2023 $3,245 $199,320 $0 $0
2022 $2,908 $190,690 $0 $0
2021 $2,913 $185,140 $0 $0
2020 $2,832 $182,590 $0 $0
2019 $2,796 $178,490 $0 $0
2018 $2,678 $175,170 $0 $0
2017 $2,681 $171,570 $0 $0
2016 $2,688 $168,050 $140,000 $28,050
2015 $2,728 $166,890 $140,000 $26,890
2014 $2,674 $165,570 $140,000 $25,570
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 961725

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-21-BM-00000.0-0006.00