NOT LISTED FOR SALE

Estimated Value: $2,252,000 - $2,853,454

4 Beds
3 Baths
5,246 Sq Ft
$488/Sq Ft Est. Value

Sale Details

Date Sold: September 26, 2014

Last sale price $1,300,000 $248 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $15,425 / mo

217 Days on Market

Highlights

  • Community Boat Dock
  • Home fronts a seawall
  • Intracoastal View
  • Indialantic Elementary School Rated A-
  • Boat Lift
  • In Ground Pool

About This Home

As of September 2014

Welcome to 1640 N Riverside Dr with it's endless possibilities and tranquil setting this unique property offer's a lifestyle of waterfront living sure to be enjoyed for many years. Featuring 4 bedrooms 3 bath and over 5000 sq ft of living area this home has been maintained to to impeccable condition. Large space throughout the home make entertaining a delight with built in wet bar adjacent to the living room and kitchen which also allow magnificent views of the water from all sides. Upstairs master features a private loft and sitting area with views of the lanai and river. Private screens balcony and outdoor balcony flank the master for those beautiful breezes day and night. So much opportunity and possibilities are waiting to be enjoyed at 1640 N Riverside Drive.

Last Agent to Sell the Property

Jack Jeffcoat

Charles Rutenberg Realty Listed on: 12/31/2013

Last Buyer's Agent

Anthony Romero

Dale Sorensen Real Estate Inc. License #695178

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,025

Year Built

  • Built in 1988

Lot Details

  • 34,848 Sq Ft Lot
  • Home fronts a seawall
  • River Front
  • East Facing Home

Parking

  • 3 Car Attached Garage

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,246 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Fireplace
  • Screened Porch
  • Eat-In Kitchen
  • Washer

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Boat Lift
  • Balcony
  • Patio

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 27-37-25-00-00523.0-0000.00

Community Details

Overview

  • No Home Owners Association
  • River Cove Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,025

Year Built

Built in 1988

Lot Details

0.8 Acres

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Concrete
  • Reso View: Pool, River, Intracoastal
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Smoke Detector(s), Security System Leased
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Cove
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Central Vacuum, Eat-in Kitchen, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Carpet, Stone
  • Appliances: Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other

Exterior Features

  • Exterior Features: Balcony, Outdoor Shower, Boat Lift
  • Pool Features: In Ground
  • Roof: Tile
  • Acres: 0.8
  • Pool Private: Yes
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Utilities: Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 250.0 ft
  • Lot Size Sq Ft: 34848.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-25-00-00523.0-0000.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 13024.6

MLS Schools

  • Elementary School: Indialantic
  • 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

Closed on
Aug 15, 2016
Sold by
Bought by
Current Estimated Value
$2,561,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,150
Outstanding Balance
$775,130
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,786,021

Purchase Details

Listed on
Dec 31, 2013
Closed on
Sep 26, 2014
Sold by
Bought by
Seller's Agent
Jack Jeffcoat
Charles Rutenberg Realty
Buyer's Agent
Anthony Romero
Dale Sorensen Real Estate Inc.
List Price
$2,795,000
Sold Price
$1,300,000
Premium/Discount to List
-$1,495,000
-53.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.88%
Original Mortgage
$1,040,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 22, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Alliance Title
$1,300,000 Alliance Title Insurance Age
-- --
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 $140,000
Open $997,150
Previous Owner $1,040,000
Previous Owner $650,000
Previous Owner $431,000
Previous Owner $150,000
Previous Owner $350,000
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
09/26/2014 09/26/14 Sold $1,300,000 -53.5% $248 / Sq Ft
08/04/2014 08/04/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $2,795,000 -- $533 / 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 $15,846 $1,321,580
2024 $15,677 $1,284,340
2023 $15,677 $1,246,940 $0 $0
2022 $14,630 $1,210,630 $0 $0
2021 $15,489 $1,175,370 $0 $0
2020 $15,570 $1,159,150 $0 $0
2019 $15,643 $1,133,090 $0 $0
2018 $15,776 $1,111,970 $0 $0
2017 $16,186 $1,094,870 $0 $0
2016 $16,125 $1,041,430 $519,550 $521,880
2015 $16,717 $1,034,200 $439,550 $594,650
2014 $13,353 $812,450 $439,550 $372,900
Source: Public Records

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Map

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

MLS Number: 685616

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-25-00-00523.0-0000.00

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