NOT LISTED FOR SALE

Magnolia Bay 2012 Julep Dr Unit 201 Cocoa Beach, FL 32931

Estimated Value: $729,000 - $855,000

3 Beds
3 Baths
2,455 Sq Ft
$510/mo HOA Fee

Last Sold April 28, 2016

Last sale price $470,000 $191 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,105/month

144 Days on Market

Highlights

  • Ocean View
  • Boat Dock
  • Heated In Ground Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • Fitness Center
  • River Front

About This Home

As of April 2016

River and Ocean views in the same beautiful condo! This amazing south corner condo is tastefully decorated with wood and tile floors, wainscoting, custom window treatments with coordinating paint colors, decorator light fixtures and custom closets. There are remote controlled electric storm shutters on all windows and doors and a brand new central a/c. The under building garage will accommodate two cars and there is a private very large storage room adjoining the parking places. The condo has been meticulously maintained and is sparkling clean and in move in condition. The grounds of the complex are beautifully maintained and there is a clubhouse with exercise room and a community pool.

Last Agent to Sell the Property

Jan Petersen

Luxury Real Estate Florida LLC License #3114170 Listed on: 10/02/2015

Last Buyer's Agent

Andy Waterman

Waterman Real Estate, Inc. License #653481

Waterman Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,371

Year Built

  • Built in 2006

Lot Details

  • East Facing Home

HOA Fees

  • $510 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

Home Design

  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 2,455 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Great Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • 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
  • Sink Near Laundry

Home Security

Schools

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

Utilities

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

Additional Features

  • In Ground Spa
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 25-37-26-27-00000.0-0002.30

Community Details

Overview

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

Amenities

  • Clubhouse
  • Elevator
  • Secure Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,371

Year Built

Built in 2006

Lot Details

0

HOA Fees

$510 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Road Surface Type: Asphalt
  • Reso View: Ocean, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s), Secured Lobby
  • Reso Association Amenities: Boat Dock, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Spa/Hot Tub, Storage
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Bay Condo Ph II
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-27-00000.0-0002.30
  • 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: 5370.88
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 2455.0
  • General Property Information Building Area Total3: 2455.0
  • General Property Information Lot Size Acres: 0.01
  • General Property Information Lot Size Square Feet2: 436.0
  • 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
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Great Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 3
  • Levels Three Or More: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pool Features Gas Heat: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 7
  • Stories: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Gas Heat, In Ground
  • Roof: Other
  • Acres: 0.01
  • Waterfront Features: River Front, 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
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Underground
  • General Property Information:Garage YN: No
  • Parking Features:Underground2: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 510.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 510.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Storage: Yes
  • Association Amenities:Elevator(s): 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: 436.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2538225
  • Parcel #: 25-37-26-27-00000.0-0002.30
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5370.88

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2015
Closed on
Apr 28, 2016
Sold by
Bartlam Katherine J
Bought by
Erwin James D and Erwin Crystal B
Seller's Agent
Jan Petersen
Luxury Real Estate Florida LLC
Buyer's Agent
Andy Waterman
Waterman Real Estate, Inc.
List Price
$539,900
Sold Price
$470,000
Premium/Discount to List
-$69,900
-12.95%
Current Estimated Value
$782,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,126
Avg. Annual Appreciation
5.54%
Original Mortgage
$352,500
Outstanding Balance
$281,253
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$500,873

Purchase Details

Listed on
Oct 20, 2011
Closed on
May 31, 2012
Sold by
Fbc Of Brevard Llc
Bought by
Bartlam Katherine J
Seller's Agent
Steve Romano
RE/MAX Elite
Buyer's Agent
Jan Petersen
Luxury Real Estate Florida LLC
List Price
$419,900
Sold Price
$435,000
Premium/Discount to List
$15,100
3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Source: Public Records

Range of Values:

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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
Erwin James D $470,000 Mosley & Wadis Title Service
Bartlam Katherine J $435,000 Mosley & Wallis Title Servic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erwin James D $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2016 04/28/16 Sold $470,000 -6.0% $191 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
02/01/2016 02/01/16 Price Changed $499,900 -2.0% $204 / Sq Ft
01/13/2016 01/13/16 Price Changed $509,900 -1.8% $208 / Sq Ft
12/02/2015 12/02/15 Price Changed $519,000 -2.1% $211 / Sq Ft
11/02/2015 11/02/15 Price Changed $529,900 -1.9% $216 / Sq Ft
10/02/2015 10/02/15 For Sale $539,900 +24.1% $220 / Sq Ft
07/09/2012 07/09/12 Sold $435,000 +3.6% $170 / Sq Ft View Prior Sale
07/03/2012 07/03/12 Pending -- -- --
10/20/2011 10/20/11 For Sale $419,900 -- $165 / 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 $5,185 $442,640 -- --
2024 $5,130 $430,170 -- --
2023 $5,130 $417,650 $0 $0
2022 $4,778 $405,490 $0 $0
2021 $4,943 $393,680 $0 $0
2020 $4,897 $388,250 $0 $0
2019 $4,877 $379,530 $0 $0
2018 $4,911 $372,460 $0 $0
2017 $4,995 $364,800 $0 $0
2016 $6,263 $397,430 $0 $0
2015 $5,321 $356,660 $0 $0
2014 $5,371 $353,830 $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: 736300

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-27-00000.0-0002.30