NOT LISTED FOR SALE

Magnolia Bay 2022 Julep Dr Unit 101 Floor 2 Cocoa Beach, FL 32931

Estimated Value: $726,000 - $860,000

3 Beds
3 Baths
2,455 Sq Ft
1,742 Sq Ft Lot

Last Sold April 24, 2015

Last sale price $430,000 $175 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,822/month

Highlights

  • In Ground Pool
  • River Front
  • Balcony
  • Theodore Roosevelt Elementary School Rated 9+
  • Open Floorplan
  • Subterranean Parking

About This Home

As of June 2015

LUXURIOUS LIVING!! This 3/3 end unit in South Cocoa Beach is the perfect retreat for anybody who desires the Florida lifestyle! An oversized kitchen with granite and stainless steel is the centerpiece of this open floor plan. With high-end finishes such as hand-scraped wood floors, designer wall colors and beautiful crown molding, this direct river condo also overlooks a nature sanctuary. Double doors lead to an exceptional master suite that also overlooks the river and features his and hers custom walk-in closets, double sinks, a jetted tub and walk-in shower. Interior laundry room is spacious and includes a utility sink. Unit has TWO SPACES in the garage AND an 11x17 storage unit for all the beach gear. One block from the beach, this Condo will NOT LAST LONG! Sorry, no pets, no smoking.

Last Agent to Rent the Property

Kate Flack

Perrone Realty, LLC Listed on: 04/30/2015

Co-Listed By

Eric Shroble

Perrone Realty, LLC

Last Renter's Agent

Larissa Arraiza-Pattison

Better Homes & Gardens RE Star License #3032152

Better Homes & Gardens RE Star

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,269

Year Built

  • Built in 2007

Lot Details

  • East Facing Home

Parking

  • Subterranean Parking

Property Views

  • Woods

Interior Spaces

  • 2,455 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Balcony
  • Porch

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

  • Property Available on 5/1/15
  • The owner pays for grounds care, pest control, taxes
  • Rent includes cable TV, sewer, water, trash collection
  • Assessor Parcel Number 25-37-26-27-00000.0-0003.29

Community Details

Overview

  • Property has a Home Owners Association
  • Magnolia Bay Condo Ph III Subdivision

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Secure Elevator
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,269

Year Built

Built in 2007

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Rent Includes: Cable TV, Sewer, Water, Trash Collection
  • Owner Pays: Grounds Care, Pest Control, Taxes
  • Available Date: 2015-05-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2007
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup
  • Reso View: Trees/Woods, Water, Other
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Smoke Detector(s), Entry Phone/Intercom, Secured Elevator, Secured Lobby
  • Co List Office Mls Id: perr0
  • Co List Office Phone: 321-452-9838
  • ResoSpecialListingConditions: Smoking Prohibited
  • Subdivision Name: Magnolia Bay Condo Ph III
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • Location Tax and Legal Parcel Number2: 25-37-26-27-00000.0-0003.29
  • Location Tax and Legal Elementary School: Roosevelt
  • Location Tax and Legal Middle School2: Cocoa Beach
  • Location Tax and Legal High School: Cocoa Beach
  • General Property Information Living Area2: 2455.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.4
  • 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
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Levels One: Yes
  • Pool Features In Ground: Yes
  • Security Features Smoke Detector(s): Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • Security Features Entry PhoneIntercom: Yes
  • Utilities Sewer Available: Yes
  • View TreesWoods: Yes
  • Pets Allowed No: Yes
  • Special Listing Conditions Smoking Prohibited: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Open Floorplan, Primary Bathroom - Tub with Shower, Walk-In Closet(s)
  • Spa Features: Bath
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(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
  • Pool Features: In Ground
  • Acres: 0.04
  • Waterfront: Yes
  • Direction Faces: East
  • Patio And Porch Features: Porch
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Sewer 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 Frequency: One Time
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Pool3: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2538697
  • Parcel #: 25-37-26-27-00000.0-0003.29
  • ResoLotSizeUnits: Acres

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
Apr 24, 2015
Sold by
Horras Douglas Michael and Grose Patricia Ann
Bought by
Ridings Richard and Leary Ridings Maria O
Seller's Agent
Kate Flack
Perrone Realty, LLC
Buyer's Agent
Larissa Arraiza-Pattison
Better Homes & Gardens RE Star
Sold Price
$2,300
Current Estimated Value
$776,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,114
Avg. Annual Appreciation
5.82%

Purchase Details

Listed on
Jan 10, 2011
Closed on
May 17, 2012
Sold by
Fbc Of Brevard Llc
Bought by
Horras Douglas Michael and Grose Patricia Ann
Seller's Agent
Steve Romano
RE/MAX Elite
Buyer's Agent
Steve Romano
RE/MAX Elite
List Price
$494,900
Sold Price
$340,000
Premium/Discount to List
-$154,900
-31.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
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
Ridings Richard $430,000 International Title & Escrow
Horras Douglas Michael $340,000 Mosley & Wallis Title Servic
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/03/2015 06/03/15 Rented $2,300 0.0% --
05/04/2015 05/04/15 Under Contract -- -- --
04/29/2015 04/29/15 For Rent $2,300 0.0% --
04/24/2015 04/24/15 Sold $430,000 -7.7% $175 / Sq Ft View Prior Sale
03/25/2015 03/25/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $465,900 +37.0% $190 / Sq Ft
05/17/2012 05/17/12 Sold $340,000 -31.3% $133 / Sq Ft View Prior Sale
04/28/2012 04/28/12 Pending -- -- --
01/10/2011 01/10/11 For Sale $494,900 -- $194 / 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 $8,269 $623,320 -- --
2024 $7,784 $698,560 -- --
2023 $7,784 $623,780 $0 $623,780
2022 $6,987 $595,040 $0 $0
2021 $6,513 $484,220 $0 $484,220
2020 $6,507 $484,220 $0 $484,220
2019 $6,029 $430,410 $0 $430,410
2018 $6,341 $441,560 $0 $441,560
2017 $6,276 $418,370 $0 $418,370
2016 $6,183 $391,990 $0 $0
2015 $5,254 $351,780 $0 $0
2014 $5,303 $348,990 $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: 723977

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-27-00000.0-0003.29