NOT LISTED FOR SALE

1208 E River Dr Unit 402 Melbourne, FL 32901

Estimated Value: $563,723 - $665,000

3 Beds
2 Baths
1,898 Sq Ft
$571/mo HOA Fee

Last Sold November 17, 2021

Last sale price $470,000 $248 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,637/month

19 Days on Market

Highlights

  • Boat Dock
  • River View
  • Walk-In Closet
  • Home fronts a creek
  • 1 Car Detached Garage
  • Cooling Available

About This Home

As of November 2021

3/2 waterfront condo with 2 boat slips situated directly on the Melbourne Harbor. This community is gated and has a beautiful dock to enjoy. Being an end unit, the condo is spacious throughout with lots of natural light and stunning views of the river. The master bedroom is huge and has it's own set of sliders out to the large patio. The unit also comes with it's own private garage, 2 boat slips (one has a boat lift), an additional parking space and a storage locker. There's an elevator in the building for your convenience. Downtown Melbourne is a quick stroll away and the beach is right over the causeway. Water, cable, internet & trash are included in the HOA. Kitchen and bathrooms need some updating but don't wait bc this is priced accordingly. Updated units are valued well over 500

Last Agent to Sell the Property

Ellie Chan

RE/MAX Aerospace Realty License #3286322 Listed on: 10/26/2021

RE/MAX Aerospace Realty

Last Buyer's Agent

Stuart Brown

RE/MAX Elite License #658962

RE/MAX Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,521

Year Built

  • Built in 1984

Lot Details

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

HOA Fees

  • $571 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Assigned Parking

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,898 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Tile Flooring
  • River Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Patio

Schools

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

Utilities

  • Cooling Available
  • Hot Water Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-02-75-00001.0-0007.08

Community Details

Overview

  • Association fees include cable TV, sewer, trash, water
  • Captain's Cove Of Melbourne Condo Association
  • Crane Cliff Subdivision
  • Maintained Community
  • 5-Story Property

Recreation

  • Boat Dock

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,521

Year Built

Built in 1984

Lot Details

0

HOA Fees

$571 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Other
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Reso Association Amenities: Boat Dock, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Crane Cliff
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-02-75-00001.0-0007.08
  • 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: 5520.73
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 1898.0
  • 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 Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Appliances Refrigerators: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Family Room: Yes
  • General Property Information Stories Total: 5
  • Levels Three Or More: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Ceiling Fan(s), Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • Stories: 5
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Other
  • Acres: 0.08
  • Pool Private: No
  • Waterfront Features: Creek, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Lot Features:Other21: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 570.5
  • 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: 570.5
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-37-02-75-00001.0-0007.08

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5520.73

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2021
Closed on
Nov 17, 2021
Sold by
Pelchat M Guy M and Pelchat Yves
Bought by
Appian Llc
Seller's Agent
Ellie Chan
RE/MAX Aerospace Realty
Buyer's Agent
Stuart Brown
RE/MAX Elite
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Current Estimated Value
$632,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,931
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
Mar 19, 2015
Sold by
Pelchat Guy M and Pelchat Guy M
Bought by
Pelchat M Guy and M Guy Pelchat Trust

Purchase Details

Closed on
Jun 18, 1993
Sold by
Willis Nancy Booth and Willis Ralph
Bought by
Pelchat Guy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.52%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Appian Llc $470,000 Prestige Ttl Of Brevard Llc
Pelchat M Guy -- Attorney
Pelchat Guy M $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelchat Guy M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2023 12/23/23 Off Market $470,000 -- --
11/17/2021 11/17/21 Sold $470,000 +1.1% $248 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/26/2021 10/26/21 For Sale $465,000 0.0% $245 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $465,000 -- $245 / 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 $9,113 $559,100 -- --
2024 $9,041 $559,100 -- --
2023 $9,041 $609,870 $0 $0
2022 $7,199 $416,810 $0 $0
2021 $6,223 $363,870 $0 $363,870
2020 $5,521 $301,120 $0 $301,120
2019 $5,567 $292,350 $0 $292,350
2018 $5,627 $289,460 $0 $289,460
2017 $5,454 $272,800 $0 $272,800
2016 $5,490 $259,810 $0 $0
2015 $5,644 $259,810 $0 $0
2014 -- $176,760 $0 $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: 917869

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-02-75-00001.0-0007.08