NOT LISTED FOR SALE

Magnolia Bay 2001 Julep Dr Unit 104 Cocoa Beach, FL 32931

Estimated Value: $666,732 - $745,000

3 Beds
3 Baths
2,108 Sq Ft
$580/mo HOA Fee

Last Sold February 22, 2022

Last sale price $659,000 $313 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,836/month

65 Days on Market

Highlights

  • Boat Dock
  • Home fronts a seawall
  • Heated In Ground Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • Fitness Center
  • Home fronts a pond

About This Home

As of February 2022

Welcome to riverfront luxury! Magnolia Bay is known for it's quality construction, architectural details, well maintained grounds, beautiful direct river views and close proximity to the ocean. This is a rare opportunity to own in the ''A'' building which is closest to the river and the only building in the community that comes with 3 parking spaces and larger private storage! This gorgeous well maintained home has 3 bedrooms and 3 full bathrooms! With just over 2100 sq. ft. and spacious split floorplan, there is ample room for everyone! Well equipped kitchen has all new stainless steel appliances, new custom organization in the walk in pantry, granite counter tops and all wood cabinetry. Spacious primary suite has beautiful river views, his and hers walk in closets with... new customized organization, attached primary large bath with jetted tub, walk in shower and double sink vanity. This home has plantation blinds throughout, electric screen and storm shutters, gorgeous oak wood flooring and elegant cream carpeting in the bedrooms for comfort. A quick 2 block stroll and you're at the beach! Conveniently located to the Pineda Causeway and major highways, you have quick access to shopping, restaurants, airports and more!

Last Agent to Sell the Property

Mary Harvard

RE/MAX Aerospace Realty License #3302828 Listed on: 11/13/2021

RE/MAX Aerospace Realty

Last Buyer's Agent

Gregory Zimmerman

One Sotheby's International License #3364053

One Sotheby's International

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,331

Year Built

  • Built in 2006

Lot Details

  • East Facing Home
  • Front and Back Yard Sprinklers

HOA Fees

  • $580 Monthly HOA Fees

Parking

  • 3 Car Garage

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Security System Leased

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Convection Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • In Ground Spa

Schools

  • Roosevelt Elementary School
  • Cocoa Beach Middle School
  • Cocoa Beach High School

Utilities

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

Additional Features

  • Accessible Hallway
  • Water-Smart Landscaping
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 25-37-26-25-0000h.0-0007.04

Community Details

Overview

  • Association fees include cable TV, insurance, internet, pest control, sewer, trash, water
  • Magnolia Bay Condo Ph I Association
  • Magnolia Bay Condo Ph I Subdivision
  • Maintained Community

Amenities

  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Phone Entry
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,331

Year Built

Built in 2006

Lot Details

0

HOA Fees

$580 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Security System Leased, Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Boat Dock, Clubhouse, Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time
  • Reso Association Fee Includes: Cable TV, Insurance, Internet, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Bay Condo Ph I
  • Reso Accessibility Features: Accessible Hallway(s)
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-25-0000h.0-0007.04
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • Location Tax and Legal Tax Annual Amount: 5331.23
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Living Area2: 2108.0
  • General Property Information Lot Size Acres: 0.03
  • General Property Information Lot Size Square Feet2: 1307.0
  • 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 Microwave: Yes
  • 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
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Water Source Public: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Green Water Conservation Water-Smart Landscaping: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • General Property Information Stories Total: 3
  • Security Features Secured Lobby: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Security Features Security System Leased: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Elevator, His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Convection Oven, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Convection Oven: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: 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
  • Spa Features:Bath: Yes
  • Interior Features:Elevator: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Membrane
  • Acres: 0.03
  • Waterfront Features: Pond, River Front, Seawall, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • ConstructionSiding:Roof Membrane: Yes
  • Accessibility Features:Accessible Hallway(s): Yes
  • Waterfront Features:Seawall: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Assigned, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 580.0
  • Association Fee Frequency: Monthly
  • Association Name: MAGNOLIA BAY CONDO PH I
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MAGNOLIA BAY CONDO PH I
  • General Property Information:Association Fee: 580.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Internet: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 1307.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2538090
  • Parcel #: 25-37-26-25-0000h.0-0007.04
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Water-Smart Landscaping

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5331.23

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Feb 22, 2022
Sold by
Witherspoon and Karen
Bought by
Yencho Jon A and De Dios Juanita
Seller's Agent
Mary Harvard
RE/MAX Aerospace Realty
Buyer's Agent
Gregory Zimmerman
One Sotheby's International
List Price
$675,000
Sold Price
$659,000
Premium/Discount to List
-$16,000
-2.37%
Current Estimated Value
$698,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,933
Avg. Annual Appreciation
1.64%
Original Mortgage
$494,250
Outstanding Balance
$460,960
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$237,973

Purchase Details

Listed on
Aug 25, 2015
Closed on
Dec 21, 2015
Sold by
Salejee Ismail and Klos Lena J
Bought by
Witherspoon Barron and Witherspoon Karen
Seller's Agent
Bree Fary
RE/MAX Elite
Buyer's Agent
Mary Harvard
Ocean Realty Partners LLC
List Price
$415,000
Sold Price
$402,000
Premium/Discount to List
-$13,000
-3.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%

Purchase Details

Closed on
Jun 12, 2013
Sold by
Fbc Of Brevard Llc
Bought by
Salejee Ismail and Klos Lena J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.37%

Purchase Details

Closed on
Aug 28, 2012
Sold by
Fbc Of Brevard Llc
Bought by
Mcmorran Scott A and Mcmorran Carolyn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
3.53%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Yencho Jon A $659,000 Bella Title & Escrow
Witherspoon Barron $403,000 Supreme Title Closings Llc
Salejee Ismail $390,000 Mosley & Wallis Title Servic
Mcmorran Scott A $325,000 Mosley & Wallis Title Servic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yencho Jon A $494,250
Previous Owner Salejee Ismail $220,000
Previous Owner Mcmorran Scott A $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $659,000 0.0% $313 / Sq Ft
01/16/2022 01/16/22 Pending -- -- --
01/05/2022 01/05/22 Price Changed $659,000 -2.4% $313 / Sq Ft
11/12/2021 11/12/21 For Sale $675,000 +67.9% $320 / Sq Ft
12/15/2015 12/15/15 Sold $402,000 -3.1% $191 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
08/25/2015 08/25/15 For Sale $415,000 -- $197 / 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 $6,601 $534,480 -- --
2024 $6,541 $559,410 -- --
2023 $6,541 $543,120 $0 $543,120
2022 $5,905 $515,820 $0 $0
2021 $5,339 $393,270 $0 $393,270
2020 $5,331 $393,270 $0 $393,270
2019 $4,935 $349,550 $0 $349,550
2018 $5,188 $358,610 $0 $358,610
2017 $5,096 $337,020 $0 $337,020
2016 $5,020 $315,760 $0 $0
2015 $4,156 $283,370 $0 $0
2014 $4,193 $281,130 $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: 920599

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-25-0000H.0-0007.04