NOT LISTED FOR SALE

1208 River Dr Unit 501 Melbourne, FL 32901

Estimated Value: $682,000 - $736,000

3 Beds
2 Baths
1,898 Sq Ft
$410/mo HOA Fee

Last Sold April 25, 2014

Last sale price $315,000 $166 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $5,037/month

58 Days on Market

Highlights

  • Community Boat Slip
  • Marina View
  • Wood Flooring
  • Melbourne Senior High School Rated A-
  • Home fronts a creek
  • Great Room

About This Home

As of April 2014

IF YOU PROMISED YOURSELF THE BEST-LOOK NO FURTHER! Incredible opportunity! Beautiful 3/2 Penthouse with 1898SF located in Captain's Cove. A view that just won't quit overlooking the Melbourne Harbor and the Indian River. Two deeded boat slips, one large enough to accommodate up to 40FT boat and located just below your fabulous balcony. This unit offers tile & hardwood floors throughout, beautiful updated kitchen with granite counters. Port Hole Style Windows in some rooms, sliders open up from the living area and master bedroom to a large balcony that overlooks the harbor. This is your opportunity to own a gorgeous, waterfront condo with your boat just an elevator ride away. This One You Really Must See!!

Last Agent to Sell the Property

Wiley Elliott

Indian River Realty II Listed on: 01/21/2014

Last Buyer's Agent

Garat Oates

Engel & Voelkers New Smyrna License #3024929

Engel & Voelkers New Smyrna

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1984

Lot Details

  • Home fronts a creek
  • South Facing Home

HOA Fees

  • $410 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking

Property Views

  • Marina
  • Intracoastal
  • River

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 1,898 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Great Room
  • Security Gate

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Outdoor Features

  • 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

  • Association fees include insurance, security, trash
  • Captains Cove Of Melbourne Condo Subdivision
  • Maintained Community
  • Car Wash Area
  • 5-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Boat Slip
  • Park

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,515

Year Built

Built in 1984

Lot Details

0

HOA Fees

$410 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: Marina, River, Intracoastal
  • Water Body Name: Crane Creek
  • ResoSecurityFeatures: Security Gate
  • Reso Association Amenities: Boat Slip, Car Wash Area, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Park, Storage
  • Reso Association Fee Includes: Insurance, Security, Trash
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Captains Cove of Melbourne Condo
  • Carport Y N: Yes
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 28-37-02-75-00001.0-0007.09
  • 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: 3514.87
  • Location Tax and Legal Tax Year2: 2013
  • 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 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
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Security Gate: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Electricity Connected: Yes
  • General Property Information Carport YN2: Yes
  • Utilities Water Available: Yes
  • Room Types Great Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 5
  • Levels Three Or More: Yes
  • View Intracoastal: Yes
  • View Marina2: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • Total Bedrooms: 7
  • Stories: 5
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Breakfast Bar: 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
  • Spa Features:Bath: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: None
  • Roof: Other
  • Acres: 0.08
  • Waterfront Features: Creek, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Porch, Side Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Patio and Porch Features:Side Porch: Yes
  • View:River: Yes
  • Waterfront Features:Creek: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Carport, Detached, Garage Door Opener, Guest
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Carport: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 410.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 410.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Security: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 3485.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2817028
  • Parcel #: 28-37-02-75-00001.0-0007.09
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3514.87

MLS Schools

  • Elementary School: University Park
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2021
Sold by
Oates Garat
Bought by
Oreilly Sandra L and Oreilly Michael P
Current Estimated Value
$703,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$394,352
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$313,179

Purchase Details

Listed on
Jan 21, 2014
Closed on
Apr 25, 2014
Sold by
Mertens Lawrence Edwin and Mertens Margarete Anna
Bought by
Oates Garat
Seller's Agent
Wiley Elliott
Indian River Realty II
Buyer's Agent
Garat Oates
Engel & Voelkers New Smyrna
List Price
$329,000
Sold Price
$315,000
Premium/Discount to List
-$14,000
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
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%
Source: Public Records

Range of Values:

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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
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
04/25/2014 04/25/14 Sold $315,000 -4.3% $166 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $329,000 -- $173 / 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 $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

  • W

    Seller's Agent in 2014

    Wiley Elliott

    Indian River Realty II

  • Garat Oates

    Buyer's Agent in 2014

    Garat Oates

    Engel & Voelkers New Smyrna

    (321) 223-4878

    16 Total Sales

    Section Image

  • G

    Buyer's Agent in 2014

    Grayling Oates

    Engel & Voelkers Melb Downtown

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Map

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

MLS Number: 687240

Space Coast MLS (Space Coast Association of REALTORS®)

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

Florida Brevard County Melbourne 32901

1208 River Dr Unit 501, Melbourne, FL

This home is located at 1208 River Dr Unit 501, Melbourne, FL 32901 since 21 January 2014 and is currently estimated at $716,382, approximately $377 per square foot. This property was built in 1984. 1208 River Dr Unit 501 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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