NOT LISTED FOR SALE

Estimated Value: $786,000 - $1,180,000

0.2 Acre
$4,595,170 Price per Acre
9,160 Sq Ft Lot

Last Sold October 13, 2020

Last sale price $165,000

Est. 479% increase in value since last sale

Current estimated payment $5,967/month

165 Days on Market

About This Lot

As of October 2020

Magnolia Beach! Enjoy hearing the waves crash from your beach cottage located in this small 6 home community. Great opportunity to build your dream home and walk to the beach every day. Close to boat ramps, Golden Sands Beach, Sebastian Inlet, and Wabasso Beach. Site plans available to start construction right away. Builder/Developer buy all 6 and start building.

Last Agent to Sell the Property

Dustin Haynes

Coldwell Banker Paradise License #3227021 Listed on: 03/31/2020

Coldwell Banker Paradise

Co-Listed By

Clare Sommers

Coldwell Banker Paradise License #3338260

Last Buyer's Agent

Dustin Haynes

Coldwell Banker Paradise License #3227021 Listed on: 03/31/2020

Coldwell Banker Paradise

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,788

Lot Details

  • 9,160

Additional Features

  • Garden Views
  • 9,160 Sq Ft Lot
  • Cable TV Available

Community Details

  • Association fees include common areas
  • Developer Association

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31392300000005000003.1

Property Details

Property Type

Land

Est. Annual Taxes

$8,788

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.2
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0008
  • Co List Office Phone: 772-778-2029
  • Subdivision Name: Other
  • Directions: From 510 and A1A: North on A1A, Community on the left just before Spring Place.
  • Attribution Contact: 772-231-4880
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: < 1/4 Acre
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: Connected
  • Utilities: Cable Available, Electricity Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s), Sidewalks
  • Association Fee: 75.0
  • Association Name: Developer

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 9160.0
  • Number Of Lots: 1
  • Parcel #: 31392300000005000003.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 00
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
Passage Island Construction Lllp
Bought by
Mcguire Patrick
Current Estimated Value
$956,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$619,340
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$323,149

Purchase Details

Listed on
Mar 31, 2020
Closed on
Oct 13, 2020
Sold by
Sommers Development Group Llc
Bought by
Passage Island Construction Lllp
Seller's Agent
Dustin Haynes
Coldwell Banker Paradise
Buyer's Agent
Dustin Haynes
Coldwell Banker Paradise
List Price
$189,000
Sold Price
$165,000
Premium/Discount to List
-$24,000
-12.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.45%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcguire Patrick $703,842 New Title Company Name
Passage Island Construction Lllp $165,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Patrick $647,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2020 10/13/20 Sold $165,000 -12.7% --
09/13/2020 09/13/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $189,000 -- --
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
2024 $8,788 $644,826 $170,000 $474,826
2023 $8,788 $615,672 $136,000 $479,672
2022 $1,918 $136,000 $136,000 $0
2021 $2,008 $137,445 $137,445 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 231422

APN: 31-39-23-00029-0000-00001.0