NOT LISTED FOR SALE

124 Seagrape Rd Melbourne Beach, FL 32951

Estimated Value: $365,416 - $710,000

0.72 Acre
$677,507 Price per Acre
31,363 Sq Ft Lot

Last Sold May 31, 2022

Last sale price $375,000 $12 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,870/month

185 Days on Market

Highlights

  • River View
  • Waterfront
  • Canal Access
  • Gemini Elementary School Rated A-

About This Lot

As of May 2022

Incredible waterfront opportunity to build your dream home w existing dock & artesian well. Property is zoned Res on almost an acre of land w navigable access to the river/intercoastal/& inlet to the ocean. Conveniently located off A1A across the street from beach access & only steps to the ocean. Sellers have current FDEP, ACOE, wetland mitigation credits purchased & home permit plans.

Last Agent to Sell the Property

Jonathan Arsenault

One Sotheby's Int'l Realty License #3266706 Listed on: 10/27/2021

One Sotheby's Int'l Realty

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,657

Lot Details

  • 0.72 Acre Lot
  • Waterfront
  • Few Trees

Interior Spaces

  • 31,363 Sq Ft Home
  • River Views

Utilities

  • Water Connected
  • Well
  • Not Connected to Sewer
  • Cable TV Not Available

Listing and Financial Details

  • Legal Lot and Block 2 / C
  • Assessor Parcel Number 30390775C201

Community Details

Overview

  • Indian River Oaks Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,657

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.72
  • Road Surface Type: Paved
  • Subdivision Name: Indian River Oaks
  • Directions: Highway A1A to Seagrape Rd to Property
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 31363.0

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • View: Other, River
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes

Utilities

  • Sewer: Not Connected, None
  • Utilities: Cable Not Available, Electricity Available, Water Not Available
  • Water Source: Connected, Not Connected, Well

Condo/Co-op/Association

  • Community Features: None, Other, Storm Drain(s)
  • Association Name: None

Schools

  • Junior High Dist: Brevard County Schools

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 31363.0
  • Number Of Lots: 1
  • Parcel #: 30390775C201
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1657.0
  • Tax Block: C
  • Tax Lot: 2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
May 20, 2022
Sold by
Durr Domenic F and Durr Stacie S
Bought by
Bundow Kevin
Seller's Agent
Jonathan Arsenault
One Sotheby's Int'l Realty
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$495,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,081
Avg. Annual Appreciation
7.47%

Purchase Details

Listed on
Nov 10, 2015
Closed on
Jun 9, 2016
Sold by
Terrapin Land Trust Co Llc
Bought by
Durr Domenic F and Durr Stacie S
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Tami Leliuga Shriver
Mutter Realty
List Price
$195,000
Sold Price
$110,000
Premium/Discount to List
-$85,000
-43.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.76%
Original Mortgage
$82,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 22, 2015
Sold by
Grierson Heather and Grierson Heather J
Bought by
Terrapin Land Trust Company Llc and 124 Seagrape Trust

Purchase Details

Closed on
Mar 30, 2001
Sold by
Smith Donald A and Smith Shirley P
Bought by
Grierson Heather J
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Bundow Kevin $375,000 New Title Company Name
Durr Domenic F $110,000 Attorney
Terrapin Land Trust Company Llc $60,000 Attorney
Grierson Heather J $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durr Domenic F $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $375,000 0.0% $12 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
10/27/2021 10/27/21 For Sale $375,000 +240.9% $12 / Sq Ft
06/09/2016 06/09/16 Sold $110,000 -43.6% -- View Prior Sale
04/26/2016 04/26/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $195,000 -- --
Source: REALTORS® Association of Indian River County

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 $3,682 $322,000 -- --
2024 $3,759 $308,000 -- --
2023 $3,759 $308,000 $308,000 $0
2022 $1,823 $175,010 $0 $0
2021 $1,613 $125,010 $125,010 $0
2020 $1,657 $125,010 $125,010 $0
2019 $1,712 $125,010 $125,010 $0
2018 $1,762 $125,010 $125,010 $0
2017 $1,841 $31,252 $0 $0
2016 $1,932 $125,010 $125,010 $0
2015 $2,021 $125,010 $125,010 $0
2014 $2,060 $125,010 $125,010 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 247644

APN: 30-39-07-75-0000C.0-0002.01