NOT LISTED FOR SALE

1208 E River Dr Unit 201 Melbourne, FL 32901

Estimated Value: $544,439 - $628,000

2 Beds
2 Baths
1,778 Sq Ft
$570/mo HOA Fee

Last Sold March 31, 2020

Last sale price $420,000 $236 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,370/month

Highlights

  • Gated with Attendant
  • River Front
  • Walk-In Closet
  • Home fronts a creek
  • Balcony
  • Courtyard

About This Home

As of June 2021

Boater's Dream! Tremendous views and first class waterfront lifestyle in Downtown Melbourne steps away from dining and entertainment. 3 minutes to beach and Airport. Adjacent to the Melbourne Yacht Club, home boasts Indian River and Marina Views as well as TWO DEEDED BOAT SLIPS! Use one, rent the other or rent out both. This is the only complex that includes boat slips with ownership. Being sold fully furnished Turnkey. Enter the unit you will notice an open plan with lots of natural light. Lg. Master has its own private slider leading to the over sized balcony. Features include private 1 car garage, 2 patios, updated kitchen & cable included. Captains Cove is a gated, 10 unit, nautically inspired architectural masterpiece, set on a weather protected harbor. It doesnt get better than this! this!

Last Agent to Rent the Property

Misty Morrison

RE/MAX Alternative Realty Listed on: 05/03/2021

Co-Listed By

Carrie Wam

RE/MAX Alternative Realty

Last Renter's Agent

Misty Morrison

Misty Morrison Real Estate License #3074621

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1984

Lot Details

  • Home fronts a creek
  • River Front
  • Northeast Facing Home

HOA Fees

  • $570 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Water Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Courtyard

Schools

  • University Park Elementary School
  • Stone Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 4/9/20
  • The owner pays for grounds care
  • Rent includes cable TV, sewer, water, trash collection
  • Assessor Parcel Number 28-37-02-75-00001.0-0007.03

Community Details

Overview

  • Captain's Cove Of Melbourne Condo Association
  • Captains Cove Of Melbourne Condo Subdivision

Pet Policy

  • Cats Allowed

Security

  • Gated with Attendant

Condo Details

Home Type

Condominium

Year Built

Built in 1984

Lot Details

0

HOA Fees

$570 per month

Parking

1

Rental Info

  • Furnished: Furnished
  • Rent Includes: Cable TV, Sewer, Water, Trash Collection
  • Lease Term: 6 Months
  • Owner Pays: Grounds Care
  • Available Date: 2020-04-09

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • Reso View: Water, Other
  • ResoSecurityFeatures: Gated with Guard
  • Co List Office Mls Id: altr0
  • Co List Office Phone: 321-777-4111
  • Subdivision Name: Captains Cove of Melbourne Condo
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 28-37-02-75-00001.0-0007.03
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • General Property Information Living Area2: 1778.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3484.8
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: Northeast
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Levels One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Cats OK: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Utilities Sewer Available: Yes
  • Security Features Gated with Guard: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony, Courtyard
  • Pool Features: None
  • Acres: 0.08
  • Pool Private: No
  • Waterfront: Yes
  • Direction Faces: Northeast
  • Exterior Features:Balcony: Yes
  • Exterior Features:Courtyard: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Garage, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Sewer Available, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 570.0
  • Association Fee Frequency: Monthly
  • Association Name: CAPTAIN'S COVE OF MELBOURNE CONDO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: CAPTAIN'S COVE OF MELBOURNE CONDO
  • General Property Information:Association Fee: 570.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-02-75-00001.0-0007.03
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2019
Closed on
Mar 31, 2020
Sold by
Cannon Mark and Cannon Mary C
Bought by
Mueller William J
Seller's Agent
Global Group
Engel & Voelkers Melb Downtown
Buyer's Agent
Donald Harte
SunCoast Real Estate Group
List Price
$449,900
Sold Price
$420,000
Premium/Discount to List
-$29,900
-6.65%
Current Estimated Value
$592,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,860
Avg. Annual Appreciation
6.18%
Original Mortgage
$336,000
Outstanding Balance
$233,846
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$359,014

Purchase Details

Closed on
Nov 6, 2008
Sold by
Sheive Kathy and Captains Cove #201 Trust
Bought by
Cannon Mark and Cannon Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
6.11%

Purchase Details

Closed on
Feb 4, 2004
Sold by
Sheive Kathy
Bought by
Sheive Kathy and Captains Cove #201 Trust

Purchase Details

Closed on
Feb 27, 2003
Sold by
Sheive Kathy
Bought by
Sheive Kathy

Purchase Details

Closed on
Sep 24, 2001
Sold by
Reid Wayne A and Reid Hazelwood M
Bought by
Sheive Kathy

Purchase Details

Closed on
Feb 27, 1998
Sold by
Reid Wayne A
Bought by
Reid Wayne A and Reid Hazelwood M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.95%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mueller William J $355,714 Heritage Title & Escrow
Cannon Mark -- Stewart Approved Title Inc
Cannon Mark -- Stewart Title Inc
Sheive Kathy $335,000 Stewart Approved Title Inc
Sheive Kathy $237,000 --
Sheive Kathy -- --
Sheive Kathy $237,000 --
Reid Wayne A $49,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mueller William J $336,000
Previous Owner Cannon Mark $228,800
Previous Owner Reid Wayne A $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2023 12/23/23 Off Market $420,000 -- --
12/16/2023 12/16/23 Off Market $420,000 -- --
06/30/2021 06/30/21 Rented $3,000 0.0% --
06/14/2021 06/14/21 Under Contract -- -- --
05/27/2021 05/27/21 Price Changed $3,000 -14.3% $2 / Sq Ft
05/03/2021 05/03/21 For Rent $3,500 +40.0% --
08/14/2020 08/14/20 Rented $2,500 0.0% --
08/12/2020 08/12/20 Under Contract -- -- --
06/18/2020 06/18/20 Price Changed $2,500 -10.7% $1 / Sq Ft
05/28/2020 05/28/20 Price Changed $2,800 -6.7% $2 / Sq Ft
05/06/2020 05/06/20 Price Changed $3,000 -14.3% $2 / Sq Ft
04/09/2020 04/09/20 For Rent $3,500 0.0% --
03/31/2020 03/31/20 Sold $420,000 -6.6% $236 / Sq Ft View Prior Sale
01/20/2020 01/20/20 Pending -- -- --
07/11/2019 07/11/19 For Sale $449,900 -- $253 / 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 $8,440 $512,990 -- --
2024 $8,375 $512,990 -- --
2023 $8,375 $560,650 $0 $0
2022 $6,739 $394,170 $0 $0
2021 $6,419 $352,680 $0 $352,680
2020 $5,314 $289,700 $0 $289,700
2019 $5,358 $281,260 $0 $281,260
2018 $5,379 $278,470 $0 $278,470
2017 $5,090 $262,100 $0 $262,100
2016 $4,972 $249,620 $0 $0
2015 $4,821 $207,070 $0 $0
2014 $4,083 $188,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Co-Listing Agent in 2021

    Carrie Wam

    RE/MAX

  • M

    Landlord's Agent in 2020

    Misty Morrison

    RE/MAX

  • G

    Seller's Agent in 2020

    Global Group

    Engel & Voelkers Melb Downtown

    Section Image

  • G

    Seller Co-Listing Agent in 2020

    Grayling Oates

    Engel & Voelkers Melb Downtown

  • D

    Buyer's Agent in 2020

    Donald Harte

    SunCoast Real Estate Group

  • J

    Buyer Co-Listing Agent in 2020

    Joanna Harte

    SunCoast Real Estate Group

See All Agents

Map

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

MLS Number: 902300

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-02-75-00001.0-0007.03

Florida Brevard County Melbourne 32901

1208 E River Dr Unit 201, Melbourne, FL

Not Listed for Sale

Condos

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