NOT LISTED FOR SALE

1207 Atlantic St Melbourne Beach, FL 32951

Estimated Value: $712,000 - $1,397,065

4 Beds
3 Baths
1,917 Sq Ft
$582/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $1,250,000 $652 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,997/month

6 Days on Market

Highlights

  • Ocean Front
  • Deck
  • No HOA
  • Gemini Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of May 2021

Rare opportunity! Oceanfront cottage, steps from the ocean in beautiful Melbourne Beach! High End renovation for the kitchen, sub-zero refrigerator, all three bathrooms, and a bonus 1 bed apartment with converted basement AND separate entrance. Bedrooms are ready for your finishing touches. Wood burning stove, a bank of windows facing the ocean...memories are made here. And walking distance to local deli and grocer, restaurants, library and surf shop! You park the car for the weekend, and never wander farther that a few hundred yards from this paradise.

Last Agent to Sell the Property

James Reynolds

Britton Group, Inc. License #3294341 Listed on: 04/17/2021

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

  • $6,037

Year Built

  • Built in 1912

Lot Details

  • 0.3 Acre Lot
  • Ocean Front
  • West Facing Home

Parking

  • Additional Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,917 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Wood Burning Fireplace
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Deck

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Wilcox Melbourne Beach Association
  • Wilcox Melbourne Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-08-Fy-00015.0-0004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,037

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1912
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Concrete
  • Reso View: Ocean, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Wilcox Melbourne Beach
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-38-08-Fy-00015.0-0004.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 6037.2
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1917.0
  • General Property Information Lot Size Acres: 0.3
  • General Property Information Lot Size Square Feet2: 13068.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: 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
  • ViewOcean: Yes
  • Interior Features Guest Suite: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-in Features, Eat-in Kitchen, Guest Suite
  • Flooring: Tile, Wood
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Built-in Features: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Acres: 0.3
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Frame, Stucco, Wood Siding
  • Direction Faces: West
  • Patio And Porch Features: Deck
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Ocean Access: Yes
  • Waterfront Features:Ocean Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking
  • General Property Information:Garage YN: No
  • Parking Features:Additional Parking: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: WILCOX MELBOURNE BEACH
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: WILCOX MELBOURNE BEACH

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 13068.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2847878
  • Parcel #: 28-38-08-Fy-00015.0-0004.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6037.2

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 10, 2021
Sold by
Magri Deborah B and John J Magri Iv Trust
Bought by
Mcbrain Rebecca Ann and Mcbrain Michael Henry
Seller's Agent
James Reynolds
Britton Group, Inc.
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$1,250,000
Sold Price
$1,250,000
Current Estimated Value
$1,115,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$134,484
Avg. Annual Appreciation
-2.54%

Purchase Details

Closed on
Feb 22, 2018
Sold by
Magri Md John James and Magri John J
Bought by
Magri John J and John J Magri Iv Trust

Purchase Details

Closed on
May 31, 2006
Sold by
Magri Deborah Brennan
Bought by
Magri Md John James

Purchase Details

Closed on
Apr 15, 1997
Sold by
Hunt Bros Inc
Bought by
Magri John J and Magri Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

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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
Mcbrain Rebecca Ann $1,250,000 Attorney
Magri John J -- Attorney
Magri Md John James -- None Available
Magri John J $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magri John J $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2021 05/10/21 Sold $1,250,000 0.0% $652 / Sq Ft
04/23/2021 04/23/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,250,000 -- $652 / 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 $12,996 $921,440 -- --
2024 $14,088 $854,390 -- --
2023 $14,088 $918,020 $823,200 $94,820
2022 $18,392 $1,176,240 $0 $0
2021 $8,191 $486,340 $370,440 $115,900
2020 $6,037 $395,690 $0 $0
2019 $6,027 $386,800 $315,000 $71,800
2018 $6,105 $386,150 $0 $0
2017 $6,030 $378,210 $315,000 $63,210
2016 $6,280 $375,690 $315,000 $60,690
2015 $6,784 $343,910 $315,000 $28,910
2014 $6,406 $315,000 $315,000 $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: 902433

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-08-FY-00015.0-0004.00