1208 E River Dr Unit 501 Melbourne, FL 32901
Estimated Value: $652,000 - $726,000
3
Beds
2
Baths
1,900
Sq Ft
$570/mo
HOA Fee
Highlights
- Ocean View
- Boat Dock
- Home fronts a creek
- Melbourne Senior High School Rated A-
- Boat Lift
- River Front
About This Home
As of February 2021Top floor, Penthouse in Downtown Melbourne. Captains Cove is a Luxury Gated Community of only 10 owners. Upon entering, gorgeous Gun Stock wood floors lead to an open floor plan & gourmet kitchen w/premium appliances, custom Cabinetry & Lighting. Spacious Living room w/volume ceilings, crown molding throughout, Klipsch speakers in every room, wood burning fireplace. Huge Master Bedroom w/custom closet, Full-Size Washer Dryer & ample storage. Master bath must be seen & includes Jacuzzi Tub & Separate shower. Watch the Dolphins with Stunning views of Harbor & River from lg. balcony overlook the concrete Dock with 2 DEEDED BOAT SLIPS INCLUDED, 1 w/newer 10k lb. Lift or use 1 slip and rent the other. Elec. Hurricane Shutters on every opening, 2 Car Garage, Storage & Furnishings are negotiable. negotiable.
Last Agent to Sell the Property
Grayling Oates
Engel & Voelkers Melb Downtown Listed on: 12/09/2020
Co-Listed By
Ryan Fischer
Engel & Voelkers Melb Downtown
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,523
Year Built
- Built in 1984
Lot Details
- Home fronts a creek
- River Front
- South Facing Home
HOA Fees
- $570 Monthly HOA Fees
Parking
- 2 Car Detached Garage
- 1 Carport Space
- Garage Door Opener
Property Views
- Ocean
- Marina
- Intracoastal
- River
Home Design
- Membrane Roofing
- Concrete Roof
- Concrete Siding
- Block Exterior
- Stucco
Interior Spaces
- 1,900 Sq Ft Home
- Open Floorplan
- Built-In Features
- Wood Burning Fireplace
- Wood Flooring
Kitchen
- Convection Oven
- Electric Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Spa Bath
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Security Gate
Outdoor Features
- Boat Lift
- Balcony
- Side Porch
Schools
- University Park Elementary School
- Stone Middle School
- Melbourne High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 28-37-02-75-00001.0-0007.09
Community Details
Overview
- Captain's Cove Of Melbourne Condo Association
- Crane Cliff Subdivision
- 5-Story Property
Recreation
- Boat Dock
- Community Boat Slip
Pet Policy
- Limit on the number of pets
- Pet Size Limit
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2020
Closed on
Feb 25, 2021
Sold by
Oates Garat
Bought by
Oreilly Sandra L and Oreilly Michael P
Seller's Agent
Grayling Oates
Engel & Voelkers Melb Downtown
Buyer's Agent
Jill Wallace
RE/MAX Elite
List Price
$639,000
Sold Price
$610,000
Premium/Discount to List
-$29,000
-4.54%
Total Days on Market
46
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,163
Avg. Annual Appreciation
2.72%
Original Mortgage
$435,000
Outstanding Balance
$394,352
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$289,790
Purchase Details
Closed on
Apr 25, 2014
Sold by
Mertens Lawrence Edwin and Mertens Margarete Anna
Bought by
Oates Garat
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,250
Interest Rate
4.37%
Purchase Details
Closed on
Aug 12, 2004
Sold by
Mertens Oliver L and Fiorelli Dawn M
Bought by
Mertens Oliver L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.92%
Purchase Details
Closed on
Jan 28, 2002
Sold by
Bowman Thomas E and Bowman Ritva T
Bought by
Mertens Oliver L and Fiorelli Dawn M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7.08%
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Oreilly Sandra L | $600,000 | Heritage Title & Escrow | |
| Oates Garat | $315,000 | North American Title Company | |
| Mertens Oliver L | -- | -- | |
| Mertens Oliver L | $265,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Oreilly Sandra L | $435,000 | |
| Previous Owner | Oates Garat | $236,250 | |
| Previous Owner | Mertens Oliver L | $440,000 | |
| Previous Owner | Mertens Oliver L | $212,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/23/2023 12/23/23 | Off Market | $610,000 | -- | -- |
| 12/16/2023 12/16/23 | Off Market | $610,000 | -- | -- |
| 02/25/2021 02/25/21 | Sold | $610,000 | -4.5% | $321 / Sq Ft |
| 01/24/2021 01/24/21 | Pending | -- | -- | -- |
| 12/09/2020 12/09/20 | For Sale | $639,000 | -- | $336 / Sq Ft |
Source: Space Coast MLS (Space Coast Association of REALTORS®)
Tax History Compared to Growth
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 | $9,320 | $624,870 | $0 | $0 |
| 2022 | $7,456 | $431,810 | $0 | $0 |
| 2021 | $4,568 | $291,870 | $0 | $0 |
| 2020 | $4,523 | $287,850 | $0 | $0 |
| 2019 | $4,571 | $281,380 | $0 | $0 |
| 2018 | $4,568 | $276,140 | $0 | $0 |
| 2017 | $4,585 | $270,470 | $0 | $0 |
| 2016 | $4,725 | $264,910 | $0 | $0 |
| 2015 | $4,862 | $264,910 | $0 | $0 |
| 2014 | $4,329 | $199,780 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2021
Grayling Oates
Engel & Voelkers Melb Downtown
-
R
Seller Co-Listing Agent in 2021
Ryan Fischer
Engel & Voelkers Melb Downtown
-
Jill Wallace
Buyer's Agent in 2021
Jill Wallace
RE/MAX
(321) 223-7256
46 Total Sales
Map
Source: Space Coast MLS (Space Coast Association of REALTORS®)
MLS Number: 891990
APN: 28-37-02-75-00001.0-0007.09
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