NOT LISTED FOR SALE

Magnolia Bay 2012 Julep Dr Unit 305 Floor 4 Cocoa Beach, FL 32931

Estimated Value: $699,000 - $757,000

3 Beds
3 Baths
2,183 Sq Ft
$550/mo HOA Fee

Last Sold September 23, 2020

Last sale price $523,000 $240 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,710/month

80 Days on Market

Highlights

  • Ocean Front
  • Boat Dock
  • River View
  • Theodore Roosevelt Elementary School Rated 9+
  • Fitness Center
  • Clubhouse

About This Home

As of September 2020

LUXURY, TOP FLOOR, DIRECT RIVERFRONT living in desirable SOUTH COCOA BEACH! EXCLUSIVE MAGNOLIA BAY on the Banana River with the Ocean just steps to the east! 3 bedrooms, 3 baths, 10 ft. ceilings, glossy wood flooring & tile, impact sliders & windows, electric roll down storm shutters on private balcony. Kitchen/baths have wood cabinetry & granite plus stainless appliances. TWO car garage parking (spaces 1 and 4) under building with HUGE (11' x 17') private storage (behind #4). Incredible sunset views in quiet, peaceful setting! This complex is known for quality construction with extremely strong Financials & Reserves, secure lobby, community pool & hot tub, riverfront pier, community room & fitness room. If you're seeking quality, a more tranquil, coastal lifestyle yet close to area restaurants and International Airports this is it! Transferrable Home Warranty available too. Washer and Dryer to convey with property and furniture is also available for purchase or could be included at the right offer price.

Last Agent to Sell the Property

Barbara Schluraff

Century 21 Ocean License #3244369 Listed on: 05/28/2020

Last Buyer's Agent

Tina Dornton

Posey & Co License #422696

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,770

Year Built

  • Built in 2006

Lot Details

  • East Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Guest Parking

Home Design

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

Interior Spaces

  • 2,183 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Library

Kitchen

  • Breakfast Bar
  • Butlers Pantry
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 25-37-26-27-00000.0-0002.43

Community Details

Overview

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

Amenities

  • Clubhouse
  • Secure Lobby

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit
  • 2 Pets Allowed

Security

  • Phone Entry
  • Secure Elevator
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,770

Year Built

Built in 2006

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Entry Phone/Intercom, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Boat Dock, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Management - Off Site, Pool, Spa/Hot Tub
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Bay Condo Ph II
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-27-00000.0-0002.43
  • 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: 4770.14
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2183.0
  • General Property Information Building Area Total3: 2349.0
  • 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
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • General Property Information Community Fee(s) YN: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Pets Allowed Total Number Of Pets: 2
  • Pets Allowed Size Limit: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Great Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Interior Features Butler Pantry: Yes
  • Interior Features Guest Suite: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Interior Features Jack and Jill Bath: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Butler Pantry, Ceiling Fan(s), Guest Suite, His and Hers Closets, Jack and Jill Bath, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Laminate, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: 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

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Roof: Membrane, Other
  • Acres: 0.01
  • Pool Private: No
  • Waterfront Features: Ocean Front, River Front
  • 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
  • ConstructionSiding:Roof Membrane: Yes
  • Waterfront Features:Ocean Front: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Covered, Guest, Underground
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Covered: Yes
  • Parking Features:Guest: Yes
  • Parking Features:Underground2: Yes

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 550.0
  • Association Fee Frequency: Monthly
  • Association Name: mbcoapresgmail.com
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: mbcoapresgmail.com
  • General Property Information:Association Fee: 550.0
  • 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:Security: Yes
  • Association Fee Includes:Water: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2538238
  • Parcel #: 25-37-26-27-00000.0-0002.43

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4770.14

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Sep 23, 2020
Sold by
Jones Kenneth Houston
Bought by
Mcdonald Daniel P and Mcdonald Jennifer D
Seller's Agent
Barbara Schluraff
Century 21 Ocean
Buyer's Agent
Tina Dornton
Posey & Co
List Price
$535,000
Sold Price
$523,000
Premium/Discount to List
-$12,000
-2.24%
Current Estimated Value
$719,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,186
Avg. Annual Appreciation
6.54%
Original Mortgage
$392,250
Outstanding Balance
$348,096
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$371,090

Purchase Details

Closed on
Dec 20, 2016
Sold by
Ross Kenneth S and Ross Kathryn K
Bought by
Jones Kenneth Houston

Purchase Details

Listed on
Feb 12, 2013
Closed on
Aug 29, 2013
Sold by
Smithwick Kevin
Bought by
Ross Kenneth S and Ross Kathryn K
Seller's Agent
Vincent Jackson
NextHome Platinum
Buyer's Agent
Jean Hanson
RE/MAX Elite
List Price
$415,000
Sold Price
$393,000
Premium/Discount to List
-$22,000
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Smithwick Kevin and Smithwick Rebecca
Bought by
Smithwick Kevin

Purchase Details

Closed on
Jun 8, 2012
Sold by
Fbc Of Brevard Llc
Bought by
Smithwick Kevin and Smithwick Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,920
Interest Rate
3.86%
Mortgage Type
Seller Take Back
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
Mcdonald Daniel P $523,000 International T&E Co Llc
Jones Kenneth Houston $428,900 Foundation Title & Settlemen
Ross Kenneth S $393,000 Attorney
Smithwick Kevin -- Attorney
Smithwick Kevin $369,900 Mosley & Wallis Title Servic
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdonald Daniel P $392,250
Previous Owner Smithwick Kevin $295,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2020 09/23/20 Sold $523,000 -0.4% $240 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $525,000 -1.9% $240 / Sq Ft
05/27/2020 05/27/20 For Sale $535,000 +36.1% $245 / Sq Ft
08/30/2013 08/30/13 Sold $393,000 -5.3% $180 / Sq Ft
07/31/2013 07/31/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $415,000 -- $190 / 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 $4,162 $357,240 -- --
2024 $4,113 $347,180 -- --
2023 $4,113 $337,070 $0 $0
2022 $3,827 $327,260 $0 $0
2021 $3,952 $317,730 $0 $0
2020 $4,790 $383,650 $0 $0
2019 $4,770 $375,030 $0 $375,030
2018 $4,881 $373,750 $0 $0
2017 $4,968 $366,070 $0 $366,070
2016 $5,420 $342,980 $0 $0
2015 $5,459 $329,790 $0 $0
2014 $5,175 $305,360 $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: 876494

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-27-00000.0-0002.43