NOT LISTED FOR SALE

1412 S Riverside Dr Indialantic, FL 32903

Estimated Value: $1,946,000 - $3,531,000

4 Beds
4.5 Baths
4,709 Sq Ft
$612/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $2,100,000 $446 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $18,420/month

33 Days on Market

Highlights

  • Community Boat Slip
  • Home fronts a seawall
  • Intracoastal View
  • Gemini Elementary School Rated A-
  • Greenhouse
  • 1.41 Acre Lot

About This Home

As of November 2018

Truly one of the most desirable waterfront properties in Central Florida! Perfectly situated between 192 and downtown Melbourne Beach, this nearly 1 1/2 acre estate features over 200' of direct River frontage and a deep, tropical private drive loaded with exotic foliage and a private artesian fed pond. Elegance abounds in this stately residence with room for everyone. Incredible variety of outside areas with majestic Live Oaks, a private boat house and a green house also present for the next lucky owners to enjoy. Too many other quality features to list here, this is an absolute gem on every level. Shown by appointment.

Last Agent to Sell the Property

Dave Settgast

One Sotheby's International License #3165226 Listed on: 08/10/2018

One Sotheby's International

Last Buyer's Agent

Brian Greene

Treasure Coast Sotheby's Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,262

Year Built

  • Built in 1957

Lot Details

  • 1.41 Acre Lot
  • Home fronts a seawall
  • River Front
  • East Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Property Views

  • Intracoastal
  • River

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 4,709 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Library
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Greenhouse

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 28-37-01-Es-00067.0-0019.00

Community Details

Overview

  • No Home Owners Association
  • Indialantic By The Sea Subdivision

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,262

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: River, Water, Intracoastal
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Slip
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Indialantic By The Sea
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Reso Other Structures: Greenhouse
  • Location Tax and Legal Parcel Number2: 28-37-01-Es-00067.0-0019.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 15261.9
  • Location Tax and Legal Tax Year2: 2017
  • General Property Information Living Area2: 4709.0
  • General Property Information Building Area Total3: 5384.0
  • General Property Information Lot Size Acres: 1.41
  • General Property Information Lot Size Square Feet2: 61420.0
  • 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: East
  • 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
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Living Room: Yes
  • Room Types Office: Yes
  • Roof Concrete2: Yes
  • View Intracoastal: Yes
  • Other Structures Greenhouse: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, His and Hers Closets, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • 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:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Concrete, Tile
  • Acres: 1.41
  • Waterfront Features: River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 61420.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2816752
  • Parcel #: 28-37-01-Es-00067.0-0019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 15261.9

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2018
Closed on
Nov 15, 2018
Sold by
Hartley John T and Stahel Melissa A
Bought by
Cohen Howard and Pinsky Susan
Seller's Agent
Dave Settgast
One Sotheby's International
Buyer's Agent
Brian Greene
Treasure Coast Sotheby's Intl
List Price
$2,590,000
Sold Price
$2,100,000
Premium/Discount to List
-$490,000
-18.92%
Current Estimated Value
$2,883,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,926
Avg. Annual Appreciation
4.66%
Original Mortgage
$1,680,000
Outstanding Balance
$1,474,202
Interest Rate
4.7%
Estimated Equity
$1,409,724

Purchase Details

Closed on
Feb 20, 2009
Sold by
Hartley John T and Hartley Martha A
Bought by
Hartley John T and Martha A Hartley Trust
Source: Public Records

Range of Values:

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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
Cohen Howard $2,100,000 Attorney
Cohen Howard -- Attorney
Hartley John T -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Howard $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2018 11/15/18 Sold $2,100,000 -18.9% $446 / Sq Ft
09/13/2018 09/13/18 Pending -- -- --
08/10/2018 08/10/18 For Sale $2,590,000 -- $550 / 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 $39,538 $2,434,090 -- --
2024 $38,726 $2,271,560 -- --
2023 $38,726 $2,203,450 $1,032,000 $1,171,450
2022 $34,311 $2,024,050 $0 $0
2021 $26,283 $1,494,360 $0 $0
2020 $26,321 $1,473,730 $0 $0
2019 $26,047 $1,440,600 $0 $0
2018 $15,807 $866,420 $0 $0
2017 $15,262 $848,600 $0 $0
2016 $15,429 $831,150 $606,500 $224,650
2015 $15,944 $825,380 $557,200 $268,180
2014 $16,351 $831,430 $557,200 $274,230
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 821585

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-37-01-ES-00067.0-0019.00