NOT LISTED FOR SALE

1999 S Banana River Blvd Unit 111 Cocoa Beach, FL 32931

Estimated Value: $300,345 - $415,000

2 Beds
2 Baths
1,092 Sq Ft
$340/mo HOA Fee

Last Sold September 25, 2017

Last sale price $164,000 $150 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,630/month

155 Days on Market

Highlights

  • Boat Dock
  • River View
  • Screened Porch
  • Cocoa Beach Junior/Senior High School Rated A
  • Clubhouse
  • Community Pool

About This Home

As of September 2017

Your search is over for the chance to make a water front condo yours! The interior is your own blank slate! There is plenty of potential for those looking to design their own interior. Enjoy the added convenience of being a ground floor unit! Additionally, there is an enclosed patio that faces the pool and river. Have a boat? No problem! This condo has a shared boat slip and dock area available for use by all owners for a one time fee - boat approval required. Conveniently located in a central part of Cocoa Beach, you are only a short walk from shopping, dining, and the beach! Come see the possibilities.

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 03/06/2017

Better Homes & Gardens RE Star

Last Buyer's Agent

Jordan Reed

Keller Williams Space Coast License #3370694

Keller Williams Space Coast

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1974

Lot Details

  • River Front
  • East Facing Home

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,092 Sq Ft Home
  • 3-Story Property
  • Screened Porch
  • River Views
  • Breakfast Bar

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Cape View Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Additional Features

  • Patio
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 25-37-03-04-0000a.0-0001.03

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, sewer, trash, water
  • Royal Colonial Condo Subdivision
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Community Boat Slip
  • Community Pool

Pet Policy

  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,376

Year Built

Built in 1974

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Reso Property Sub Type: Condominium
  • Reso View: River, Water
  • Water Body Name: Banana River
  • Reso Association Amenities: Barbecue, Boat Dock, Boat Slip, Clubhouse, Elevator(s), Maintenance Grounds, Maintenance Structure, Management - Off Site
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Royal Colonial Condo
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-03-04-0000a.0-0001.03
  • Location Tax and Legal Elementary School: Cape View
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 2375.76
  • Location Tax and Legal Tax Year2: 2016
  • General Property Information Living Area2: 1092.0
  • General Property Information Building Area Total3: 1092.0
  • General Property Information Lot Size Acres: 0.05
  • General Property Information Lot Size Square Feet2: 2178.0
  • 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
  • Flooring Tile: Yes
  • Levels One: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • General Property Information Stories Total: 3
  • Flooring Concrete: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Concrete, Tile
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.05
  • Waterfront Features: River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 340.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 340.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Barbecue: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 2178.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2513933
  • Parcel #: 25-37-03-04-0000a.0-0001.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2375.76

MLS Schools

  • Elementary School: Cape View
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2018
Sold by
Bingaman Doulgas W and Bingaman Douglas A
Bought by
Spring Island Rentals Llc
Current Estimated Value
$368,336

Purchase Details

Listed on
Mar 6, 2017
Closed on
Sep 25, 2017
Sold by
Fannie Mae
Bought by
Bingaman Douglas Wayne and Bingaman Douglas Arthur
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Jordan Reed
Keller Williams Space Coast
List Price
$197,500
Sold Price
$164,000
Premium/Discount to List
-$33,500
-16.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Feb 1, 2017
Bought by
Federal National Mortgage Asso

Purchase Details

Closed on
Oct 29, 2015
Sold by
Jacoby William R and Norton Betty J
Bought by
Norton Betty J

Purchase Details

Closed on
Jul 6, 2009
Sold by
Norton Betty J
Bought by
Norton Betty J and Jacoby William R

Purchase Details

Closed on
Jun 18, 2008
Sold by
Norton Betty J and Norton Jacoby W
Bought by
Norton Betty J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
3.96%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 27, 2004
Sold by
Norton Betty J
Bought by
Norton Betty J and Norton Jacoby W
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
Spring Island Rentals Llc -- Attorney
Bingaman Douglas Wayne $164,000 Attorney
Federal National Mortgage Asso $100 --
Norton Betty J -- None Available
Norton Betty J -- None Available
Norton Betty J $17,700 Republic Title Company Of Br
Norton Betty J $1,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Norton Betty J $324,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2017 09/25/17 Sold $164,000 -0.6% $150 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
08/08/2017 08/08/17 Price Changed $165,000 -14.3% $151 / Sq Ft
05/01/2017 05/01/17 Price Changed $192,500 -2.5% $176 / Sq Ft
03/06/2017 03/06/17 For Sale $197,500 -- $181 / 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 $4,119 $287,550 -- --
2024 $3,958 $272,870 -- --
2023 $3,958 $272,900 $0 $0
2022 $3,465 $252,690 $0 $0
2021 $3,231 $206,550 $0 $206,550
2020 $2,872 $172,120 $0 $172,120
2019 $2,816 $165,270 $0 $165,270
2018 $3,072 $177,440 $0 $177,440
2017 $2,716 $167,080 $0 $167,080
2016 $2,376 $129,820 $0 $0
2015 $1,157 $86,730 $0 $0
2014 $1,130 $82,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 777412

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-03-04-0000A.0-0001.03