NOT LISTED FOR SALE

1208 E River Dr Unit 302 Melbourne, FL 32901

Estimated Value: $598,000 - $749,000

3 Beds
2 Baths
2,170 Sq Ft
$575/mo HOA Fee

Last Sold August 12, 2020

Last sale price $533,000 $246 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,646/month

322 Days on Market

Highlights

  • Marina View
  • Home fronts a creek
  • Open Floorplan
  • Melbourne Senior High School Rated A-
  • River Front
  • 2 Car Attached Garage

About This Home

As of August 2020

100K Price Reduction for quick sale! Captains Cove is a Gated, 1st Class Waterfront Boutique bldg. w/only 10 owners & is located next to the Melbourne Yacht Club just steps away from all that Downtown has to offer. Completely updated, 3br/2ba w/large gourmet kitchen, wood burning fireplace, spacious Living area & ex. lg, master bedroom leads to luxury bathroom w/steam shower, walk in closet w/custom built-ins. Follow the L/R out to your massive 660 sq. ft. patio overlooking the sailboats of Melbourne Harbor. This unit INCLUDES 2 DEEDED BOAT SLIPS, 1 can accommodate a 60 ft. yacht, the other has a brand new 16,000lb. boat lift. 1 car private garage and 1 covered pking space with secure ample storage await your arrival. Building has just been painted and there are no assessments.

Last Agent to Sell the Property

Grayling Oates

Engel & Voelkers Melb Downtown Listed on: 02/03/2020

Co-Listed By

Ryan Fischer

Engel & Voelkers Melb Downtown

Last Buyer's Agent

Kristie Rocca

Waterman Real Estate Inc. License #3135024

Waterman Real Estate Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,791

Year Built

  • Built in 1984

Lot Details

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

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Marina
  • Intracoastal
  • River
  • Canal

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,170 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 28-37-02-75-00001.0-0007.06

Community Details

Overview

  • Captains Cove Of Melbourne Condo Subdivision
  • 5-Story Property

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,791

Year Built

Built in 1984

Lot Details

0

HOA Fees

$575 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Reso View: Canal, Marina, River, Water, Intracoastal
  • Co List Office Mls Id: 0303280
  • Co List Office Phone: 321-254-5275
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Captains Cove of Melbourne Condo
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-02-75-00001.0-0007.06
  • Location Tax and Legal Elementary School: University Park
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5791.05
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2170.0
  • General Property Information Building Area Total3: 2770.0
  • General Property Information Lot Size Acres: 0.08
  • General Property Information Lot Size Square Feet2: 3485.0
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • 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
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Sewer:Public Sewer: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • View Water3: Yes
  • General Property Information Stories Total: 5
  • Levels Three Or More: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • View Marina2: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Freezer, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • Stories: 5
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes
  • Appliances:Freezer: Yes

Exterior Features

  • Pool Features: None
  • Roof: Membrane
  • Acres: 0.08
  • Waterfront Features: Creek, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Lot Features:Other21: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Carport, Covered, Garage, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Covered: Yes
  • Parking Features:Assigned: Yes

Utilities

  • Utilities: Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 575.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 575.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2817025
  • Parcel #: 28-37-02-75-00001.0-0007.06
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5791.05

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2020
Closed on
Aug 14, 2020
Sold by
Quinn Danny and Quinn Danny
Bought by
Wegner Jeffrey Robert
Seller's Agent
Grayling Oates
Engel & Voelkers Melb Downtown
Buyer's Agent
Kristie Rocca
Waterman Real Estate Inc.
List Price
$650,000
Sold Price
$533,000
Premium/Discount to List
-$117,000
-18%
Current Estimated Value
$658,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,787
Avg. Annual Appreciation
4.67%
Original Mortgage
$426,400
Outstanding Balance
$382,476
Interest Rate
3%
Estimated Equity
$286,746

Purchase Details

Closed on
Apr 5, 2013
Sold by
Quinn Danny R
Bought by
Quinn Danny and The Danny Quinn Family Trust

Purchase Details

Closed on
Oct 23, 2008
Sold by
Sheive Kathy and The Captains Cove 302 Trust
Bought by
Quinn Danny R

Purchase Details

Closed on
Oct 1, 2003
Sold by
Poor Victor D and Poor Florence A
Bought by
Sheive Kathy and The Captains Cove 302 Trust

Purchase Details

Closed on
May 31, 1994
Sold by
Mathews James and Mathews Mabel Winifred
Bought by
Poor Victor D and Poor Florence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
8.46%
Source: Public Records

Range of Values:

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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
Wegner Jeffrey Robert $533,000 Stewart Title Company
Quinn Danny -- Stewart Approved Title Inc
Quinn Danny R $425,000 Attorney
Sheive Kathy $300,000 Stewart Title Of Four Corner
Poor Victor D $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wegner Jeffrey Robert $426,400
Previous Owner Poor Victor D $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2023 12/23/23 Off Market $533,000 -- --
08/12/2020 08/12/20 Sold $533,000 -2.9% $246 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/23/2020 06/23/20 Price Changed $548,999 0.0% $253 / Sq Ft
05/19/2020 05/19/20 Price Changed $549,000 -8.3% $253 / Sq Ft
02/22/2020 02/22/20 Price Changed $599,000 -7.8% $276 / Sq Ft
02/08/2020 02/08/20 Price Changed $649,995 0.0% $300 / Sq Ft
02/03/2020 02/03/20 For Sale $650,000 +22.0% $300 / Sq Ft
01/28/2020 01/28/20 Off Market $533,000 -- --
08/27/2019 08/27/19 For Sale $650,000 -- $300 / 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 $5,571 $355,900 $0 $0
2022 $5,262 $345,540 $0 $0
2021 $5,354 $335,480 $0 $0
2020 $5,721 $312,160 $0 $312,160
2019 $5,768 $303,070 $0 $303,070
2018 $5,791 $300,070 $0 $300,070
2017 $5,480 $282,430 $0 $282,430
2016 $5,352 $268,980 $0 $0
2015 $5,190 $223,130 $0 $0
2014 $4,395 $202,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Grayling Oates

    Engel & Voelkers Melb Downtown

  • R

    Seller Co-Listing Agent in 2020

    Ryan Fischer

    Engel & Voelkers Melb Downtown

  • K

    Buyer's Agent in 2020

    Kristie Rocca

    Waterman Real Estate Inc.

    Section Image
  • Meili Viera

    Buyer Co-Listing Agent in 2020

    Meili Viera

    Waterman Real Estate Inc.

    (321) 848-7344

    311 Total Sales

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Map

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

MLS Number: 854611

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-02-75-00001.0-0007.06

Florida Brevard County Melbourne 32901

1208 E River Dr Unit 302, Melbourne, FL

This home is located at 1208 E River Dr Unit 302, Melbourne, FL 32901 since 03 February 2020 and is currently estimated at $679,190, approximately $312 per square foot. This property was built in 1984. 1208 E River Dr Unit 302 is a home located in Brevard County with nearby schools including University Park Elementary School, Stone Magnet Middle School, and Melbourne Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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