NOT LISTED FOR SALE

Magnolia Bay 2012 Julep Dr Unit 306 Cocoa Beach, FL 32931

Estimated Value: $713,000 - $1,069,000

4 Beds
4 Baths
3,024 Sq Ft
$515/mo HOA Fee

Last Sold March 31, 2016

Last sale price $597,000 $197 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,133/month

14 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Open Floorplan
  • Theodore Roosevelt Elementary School Rated 9+
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of March 2016

AMAZING TOP FLOOR ELEVATED PANORAMIC BANANA RIVER VIEWS of protected islands & the horizon beyond! Beautiful Huge 4 bedroom 4 bath Condo w Countless upgrades! Designer architectural features, granite counters in kitchen & baths, 42-inch wood cabinets, water purification & custom backsplash. Gorgeous wood floors. Upgraded tile everywhere. Columns accent the dining room. Plantation shutters in elegant master suite w 2 walk in closets overlooks river w/ balcony access. Master bath w double sinks, jetted tub & separate shower Two additional lg bedrooms & 3 full baths. One more bedroom has been designed with a custom built in office with ocean views. Two parking spaces in garage plus huge storage room. Enjoy the heated pool & spa. Located only 45 minutes from Orlando International

Last Agent to Sell the Property

Christine East

Coastal Living Realty & Inv. Listed on: 02/15/2016

Last Buyer's Agent

Jonathan Williams

Florida Lifestyle Realty LLC License #3061722

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,235

Year Built

  • Built in 2006

Lot Details

  • East Facing Home

HOA Fees

  • $515 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Pool

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 3,024 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Dining Room
  • Home Office
  • Library

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Sink Near Laundry

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 25-37-26-27-00000.0-0002.44

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator
  • Secure Lobby

Recreation

  • Community Pool
  • Community Spa
  • Jogging Path

Pet Policy

  • Pet Size Limit

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,235

Year Built

Built in 2006

Lot Details

0

HOA Fees

$515 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Sink
  • Road Surface Type: Asphalt
  • Reso View: Ocean, Pool, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Fire Sprinkler System, Smoke Detector(s), Entry Phone/Intercom, Secured Lobby
  • Reso Association Amenities: Barbecue, Clubhouse, Elevator(s), Fitness Center, Jogging Path, Maintenance Grounds, Maintenance Structure, Management - Full Time, Spa/Hot Tub
  • 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: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-27-00000.0-0002.44
  • 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: 6234.97
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 3024.0
  • General Property Information Building Area Total3: 3024.0
  • 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 Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Laundry Features Sink: Yes
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • General Property Information Stories Total: 4
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pool Features Electric Heat: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Other
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • 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:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes

Exterior Features

  • Exterior Features: Balcony, Storm Shutters
  • Pool Features: Community, Electric Heat, In Ground
  • Roof: Shingle
  • Acres: 0.01
  • Waterfront Features: Ocean Front, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Vinyl Siding
  • Direction Faces: East
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Balcony: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:Ocean Front: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 515.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 515.0
  • 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:Jogging Path: 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

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 436.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2538239
  • Parcel #: 25-37-26-27-00000.0-0002.44
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6234.97

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2016
Closed on
Mar 31, 2016
Sold by
Salejee Ibrahim and Dawoodjee Mariam
Bought by
Johnson Douglas Ray and Johnson Barbara Mary
Seller's Agent
Christine East
Coastal Living Realty & Inv.
Buyer's Agent
Jonathan Williams
Florida Lifestyle Realty LLC
List Price
$625,000
Sold Price
$597,000
Premium/Discount to List
-$28,000
-4.48%
Current Estimated Value
$943,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,311
Avg. Annual Appreciation
4.92%
Original Mortgage
$417,000
Outstanding Balance
$330,955
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$612,356

Purchase Details

Closed on
Aug 18, 2009
Sold by
Fbc Of Brevard Inc
Bought by
Salejee Ibrahim and Dawoodjee Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.19%
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
Johnson Douglas Ray $597,000 International Title And Escr
Salejee Ibrahim $650,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Douglas Ray $417,000
Previous Owner Salejee Ibrahim $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $597,000 -4.5% $197 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
02/14/2016 02/14/16 For Sale $625,000 -- $207 / 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 $7,398 $634,570 -- --
2024 $7,331 $616,690 -- --
2023 $7,331 $598,730 $0 $0
2022 $6,832 $581,300 $0 $0
2021 $7,091 $564,370 $0 $0
2020 $7,056 $556,580 $0 $0
2019 $7,053 $544,070 $0 $0
2018 $7,110 $533,930 $0 $0
2017 $7,247 $522,950 $0 $522,950
2016 $6,012 $415,520 $0 $0
2015 $6,235 $412,640 $0 $0
2014 $6,295 $409,370 $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: 746699

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-27-00000.0-0002.44