$393,000
SOLD AUG 30, 2013

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

3 Beds
3 Baths
2,183 Sq Ft
$325/mo HOA Fee

Recently Sold

$180 Per Sq Ft

5% Below List Price

170 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • In Ground Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • Fitness Center
  • River Front

About This Home

As of September 2020

Magnolia Bay is a premier condominium located directly on the Banana River with views of the ocean in South Cocoa Beach. This condo is loaded with upgrades! Tile and cherry wood floors, 10ft. ceilings, stainless appliances, granite kitchen and bath counter tops, wood raised panel cabinets. Recessed lighting offers perfect lighting throughout. Plantation shutters allow you to block bright light while allowing some accent light to come through. Master bedroom offering amazing views of the river! '||chr(10)||'Addendum - The large master suite offers carpet and marble flooring, a sitting area, large walk-in California closet, jetted tub, walk-in shower covered in marble, and a dual vanity with granite counter top. The gorgeous rec room, heated pool and spa offer a perfect location to just relax and take in the sun. This condo offers two parking spots in the garage along with a large storage area. Just to much to list!Will not last long! Call Today!

Last Agent to Sell the Property

Vincent Jackson

NextHome Platinum License #3014285 Listed on: 02/12/2013

Last Buyer's Agent

Jean Hanson

RE/MAX Elite

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 2006

Lot Details

  • East Facing Home

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

Home Design

  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,183 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Family Room
  • Dining Room
  • Screened Porch

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 25372627000000000243

Community Details

Overview

  • Association fees include cable TV, insurance
  • Magnolia Bay Condo Ph II Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,055

Year Built

Built in 2006

Lot Details

0

HOA Fees

$325 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Other
  • Reso View: Ocean, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Other
  • Reso Association Amenities: Clubhouse, Fitness Center, Maintenance Grounds, Management - Developer, Management - Full Time, Spa/Hot Tub, Other
  • Reso Association Fee Includes: Cable TV, Insurance
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Bay Condo Ph II
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25372627000000000243
  • 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: 5055.01
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Living Area2: 2183.0
  • General Property Information Building Area Total3: 2349.0
  • 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 Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Flooring Wood: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Pets Allowed Call: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • General Property Information Stories Total: 3
  • ViewOcean: Yes
  • Levels MultiSplit: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Open Floorplan, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s), Other
  • Flooring: Carpet, Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 6
  • Stories: 3
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Exterior Features: Balcony
  • Pool Features: Community, In Ground
  • Roof: Other
  • Waterfront Features: Ocean Access, River Front, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:Ocean Access: Yes
  • Lot Features:Other21: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage Door Opener, Underground, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Underground2: Yes
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, 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: 325.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 325.0
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:SpaHot Tub: Yes
  • Association Fee Includes:Cable TV: Yes
  • Association Fee Includes:Insurance: Yes
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Additional Parcels Description: 2538238
  • Parcel #: 25372627000000000243

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 5055.01

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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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 Type Sale Price Title Company
Warranty Deed $523,000 International T&E Co Llc
Warranty Deed $428,900 Foundation Title & Settlemen
Warranty Deed $393,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $369,900 Mosley & Wallis Title Servic
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,250 New Conventional
Previous Owner $295,920 Seller Take Back
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: 660391

Space Coast MLS (Space Coast Association of REALTORS®)

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