NOT LISTED FOR SALE

1208 E River Dr Unit 501 Melbourne, FL 32901

Estimated Value: $640,000 - $666,000

3 Beds
2 Baths
1,900 Sq Ft
1984 Built

Sale Details

Date Sold: February 25, 2021

Last sale price $610,000 $321 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,878 / mo

46 Days on Market

Highlights

  • Ocean View
  • Boat Lift
  • River Front
  • Community Boat Dock
  • Home fronts a creek
  • Open Floorplan

About This Home

As of February 2021

Top 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

Last Buyer's Agent

Jill Wallace

RE/MAX Elite License #3038282

RE/MAX Elite

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

  • Community Boat Dock
  • Community Boat Slip

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,523

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$570 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Marina, Ocean, River, Water, Intracoastal
  • ResoSecurityFeatures: Security Gate, Security System Owned
  • Reso Association Amenities: Boat Dock, Boat Slip
  • Co List Office Mls Id: 0303280
  • Co List Office Phone: 321-254-5275
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Crane Cliff
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • General Property Information Community Fee(s) YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-in Features, Kitchen Island, Open Floorplan, Walk-In Closet(s), Split Bedrooms
  • Flooring: Wood
  • Spa Features: Bath
  • Appliances: Convection Oven, Dryer, Disposal, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, Wood Burning
  • Stories: 5

Exterior Features

  • Exterior Features: Balcony, Boat Lift
  • Pool Features: None
  • Roof: Concrete, Membrane
  • Pool Private: No
  • Waterfront Features: Creek, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Side Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Carport, Detached, Garage Door Opener, Underground

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

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

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Parcel #: 28-37-02-75-00001.0-0007.09

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4522.89

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Feb 25, 2021
Sold by
Bought by
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%
Current Estimated Value
$650,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,447
Avg. Annual Appreciation
1.22%
Original Mortgage
$435,000
Outstanding Balance
$389,947
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$260,500

Purchase Details

Closed on
Apr 25, 2014
Sold by
Bought by

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
Bought by

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
Bought by

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%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$600,000 Heritage Title & Escrow
$315,000 North American Title Company
-- --
$265,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $435,000
Previous Owner $236,250
Previous Owner $440,000
Previous Owner $212,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,406 $574,100 -- --
2024 $9,320 $574,100 -- --
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

    3 in this area

    47 Total Sales

    Jill Wallace
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Map

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

MLS Number: 891990

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-02-75-00001.0-0007.09

Florida Brevard County Melbourne 32901

1208 E River Dr Unit 501, Melbourne, FL

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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