NOT LISTED FOR SALE

Magnolia Bay 2022 Julep Dr Unit 203 Floor 2 Cocoa Beach, FL 32931

Estimated Value: $677,811 - $769,000

3 Beds
3 Baths
2,108 Sq Ft
$550/mo HOA Fee

Last Sold May 05, 2021

Last sale price $571,000 $271 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,887/month

3 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 May 2021

**Multiple offers. Calling for highest and best by 12pm Saturday 4/3/21.** The tranquil, coastal lifestyle is yours! Live in luxury, as you enjoy direct riverfront views in desirable Magnolia Bay of South Cocoa Beach! Just steps away from the ocean, this 3 bedroom 3 bath condo on the Banana River offers incredible sunset views in a peaceful setting! Relax or entertain in style on your private balcony and watch the boats go by. The condo boasts updated kitchen with stainless steel appliances and brand new refrigerator, 10 ft. ceilings, hardwood floors, impact sliders & windows, electric roll down storm shutters on private balcony and glass front storm door. 2 car garage parking under building with huge (11' x 17') private storage. Enjoy Magnolia Bay's secure lobby and community amenities... amenities...

Last Agent to Sell the Property

Katherine Conrad

Conrad Realty Group LLC Listed on: 03/31/2021

Last Buyer's Agent

Jennifer McCoy

McCoy-Freeman Real Estate License #3011977

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,242

Year Built

  • Built in 2007

Lot Details

  • East Facing Home

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Subterranean Parking

Property Views

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,108 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Dining Room

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

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 25-37-26-27-00000.0-0003.37

Community Details

Overview

  • Association fees include cable TV, insurance, pest control, security, sewer, trash, water
  • $1,000 Other Monthly Fees
  • Magnolia Bay Condo Ph III Association
  • Magnolia Bay Condo Ph III Subdivision
  • Maintained Community
  • Car Wash Area

Amenities

  • Clubhouse
  • Secure Lobby
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Secure Elevator
  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,242

Year Built

Built in 2007

Lot Details

0

HOA Fees

$550 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Condominium
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Ocean, River, Water
  • Water Body Name: Banana River
  • ResoSecurityFeatures: Fire Sprinkler System, Secured Elevator, Secured Lobby
  • Reso Association Amenities: Boat Dock, Car Wash Area, Clubhouse, Elevator(s), Fitness Center, Maintenance Grounds, Maintenance Structure, Management - Full Time, Park, Spa/Hot Tub, Storage
  • Reso Association Fee Includes: Cable TV, Insurance, Pest Control, Security, Sewer, Trash, Water
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Magnolia Bay Condo Ph III
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 25-37-26-27-00000.0-0003.37
  • 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: 5242.12
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 2108.0
  • General Property Information Lot Size Acres: 0.04
  • General Property Information Lot Size Square Feet2: 1742.0
  • 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
  • General Property Information Community Fee(s) YN: Yes
  • General Property Information Other Fee(s) Amount: 1000.0
  • 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
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Pets Allowed Size Limit: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Pets Allowed Number Limit: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • General Property Information Stories Total: 4
  • Levels Three Or More: Yes
  • Security Features Fire Sprinkler System: Yes
  • Security Features Secured Elevator: Yes
  • Security Features Secured Lobby: Yes
  • ViewOcean: Yes
  • Pool Features Gas Heat: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), His and Hers Closets, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Wood
  • Spa Features: Bath, In Ground
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Pool Features:Community: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Ceiling Fan(s): 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
  • Pool Features: Community, Gas Heat, In Ground
  • Roof: Membrane, Other
  • Acres: 0.04
  • 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
  • ConstructionSiding:Roof Membrane: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 550.0
  • Association Fee Frequency: Monthly
  • Association Name: MAGNOLIA BAY CONDO PH III
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MAGNOLIA BAY CONDO PH III
  • 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:Storage: Yes
  • Association Amenities:Elevator(s): Yes
  • Association Fee Includes:Sewer: Yes
  • Association Fee Includes:Trash: Yes
  • Association Amenities:Car Wash Area: Yes
  • Association Fee Includes:Pest Control: Yes
  • Association Amenities:Park: Yes

Schools

  • Middle Or Junior School: Cocoa Beach

Lot Info

  • Lot Size Sq Ft: 1742.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2538705
  • Parcel #: 25-37-26-27-00000.0-0003.37
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5242.12

MLS Schools

  • Elementary School: Roosevelt
  • High School: Cocoa Beach

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2021
Closed on
May 5, 2021
Sold by
Eisenlohr Ent Llc
Bought by
Holland Jerome S and Holland Beth Ellen
Seller's Agent
Katherine Conrad
Conrad Realty Group LLC
Buyer's Agent
Jennifer McCoy
McCoy-Freeman Real Estate
List Price
$569,900
Sold Price
$571,000
Premium/Discount to List
$1,100
0.19%
Current Estimated Value
$705,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,953
Avg. Annual Appreciation
4.92%
Original Mortgage
$421,000
Outstanding Balance
$381,531
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$324,422

Purchase Details

Closed on
Jul 25, 2018
Sold by
Schluraff Barbara J
Bought by
Schluraff Barbara J and The Barbara J Schluraff Trust
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
Holland Jerome S $571,000 Supreme Title Closing Llc
Schluraff Barbara J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Holland Jerome S $421,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $571,000 +0.2% $271 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/31/2021 03/31/21 For Sale $569,900 +15.1% $270 / Sq Ft
04/08/2020 04/08/20 Sold $495,000 -5.7% $235 / Sq Ft View Prior Sale
03/25/2020 03/25/20 Pending -- -- --
03/18/2020 03/18/20 For Sale $525,000 0.0% $249 / Sq Ft
05/17/2019 05/17/19 Rented $2,400 0.0% --
05/13/2019 05/13/19 Under Contract -- -- --
05/08/2019 05/08/19 For Rent $2,400 0.0% --
01/12/2018 01/12/18 Rented $2,400 0.0% --
12/12/2017 12/12/17 Under Contract -- -- --
12/09/2017 12/09/17 For Rent $2,400 0.0% --
01/06/2012 01/06/12 Sold $340,000 -2.6% $161 / Sq Ft View Prior Sale
12/05/2011 12/05/11 Pending -- -- --
01/01/2011 01/01/11 For Sale $349,000 -- $166 / 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 $6,956 $564,480 -- --
2024 $6,895 $590,310 -- --
2023 $6,895 $573,120 $0 $573,120
2022 $6,728 $545,820 $0 $0
2021 $5,665 $419,960 $0 $419,960
2020 $5,662 $419,960 $0 $419,960
2019 $5,242 $373,290 $0 $373,290
2018 $4,137 $317,980 $0 $0
2017 $4,205 $311,440 $0 $0
2016 $4,302 $305,040 $0 $0
2015 $4,457 $302,920 $0 $0
2014 $4,498 $300,520 $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: 900873

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 25-37-26-27-00000.0-0003.37