NOT LISTED FOR SALE

2156 N Riverside Dr Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $2,943,000 - $4,418,869

0.98 Acre
$3,545,873 Price per Acre
42,689 Sq Ft Lot

Last Sold May 10, 2013

Last sale price $540,000 $135,000 Per Sq Ft

Est. 499% increase in value since last sale

Current estimated payment $19,253/month

721 Days on Market

Highlights

  • River Front
  • 0.98 Acre Lot
  • No HOA
  • Indialantic Elementary School Rated A-

About This Lot

As of May 2013

PRICE REDUCED!! Own this beautiful, large (.98 acre) riverfront lot with 130 ft. of river frontage, along the highly sought-after Riverside Drive, now at a Great Price! A fantastic opportunity to build your dream home now (lot was orig $1.4 mil) at an exceptional value in today''s market. Lot is much larger/deeper than it appears from roadside. Drive-bys welcome.

Last Agent to Sell the Property

Grace Vista

RE/MAX Elite License #3219993 Listed on: 03/08/2011

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,878

Lot Details

  • 0.98 Acre Lot
  • Lot Dimensions are 250 x 100
  • River Front
  • Cleared Lot

Schools

  • Indialantic Elementary School
  • Melbourne High School

Community Details

  • No Home Owners Association
  • Rio Lindo Subd Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 273725HV0000E0000300

Property Details

Property Type

Land

Est. Annual Taxes

$9,878

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Short Sale
  • Subdivision Name: Rio Lindo Subd
  • Location Tax and Legal Parcel Number2: 273725HV0000E0000300
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 9878.33
  • Location Tax and Legal Tax Year2: 2012
  • General Property Information Lot Size Acres: 0.98
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Dimensions: 250 x 100
  • General Property Information Number Of Lots2: 1.0
  • Special Listing Conditions Short Sale: Yes
  • Special Features: 12
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.98
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Other

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 1
  • Lot Dimensions: 250 x 100
  • Lot Size Sq Ft: 42688.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 273725HV0000E0000300
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 9878.33

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2011
Closed on
May 10, 2013
Sold by
Scalero Robert and Scalero Bonnie
Bought by
Roth Patrick E and Roth Barbara L
Seller's Agent
Grace Vista
RE/MAX Elite
List Price
$650,000
Sold Price
$540,000
Premium/Discount to List
-$110,000
-16.92%
Current Estimated Value
$3,236,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,696,505
Avg. Annual Appreciation
15.82%

Purchase Details

Closed on
Jul 12, 2004
Sold by
Marquand Robert E
Bought by
Scalero Robert and Scalero Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 15, 1993
Sold by
Marquand Robert E
Bought by
Marquand Robert E and Marquand Virginia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Roth Patrick E $540,000 Sumpreme Title Closings Llc
Scalero Robert $705,000 --
Scalero Robert $705,000 --
Marquand Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scalero Robert $987,000
Previous Owner Marquand Robert E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $540,000 -16.9% $135,000 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
03/08/2011 03/08/11 For Sale $650,000 -- $162,500 / 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 $27,952 $2,356,940 -- --
2024 $27,677 $2,290,520 -- --
2023 $27,677 $2,223,810 $0 $0
2022 $25,798 $2,156,570 $0 $0
2021 $27,386 $2,093,760 $721,750 $1,372,010
2020 $28,438 $2,125,980 $721,750 $1,404,230
2019 $29,356 $2,130,490 $721,750 $1,408,740
2018 $30,896 $2,141,470 $721,750 $1,419,720
2017 $30,618 $2,031,620 $660,500 $1,371,120
2016 $29,874 $1,888,260 $632,900 $1,255,360
2015 $8,884 $534,900 $534,900 $0
2014 $8,865 $534,900 $534,900 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    Grace Vista

    RE/MAX

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 591618

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-25-HV-0000E.0-0003.00

Florida Brevard County Indialantic 32903 Paradise Beach

2156 N Riverside Dr, Indialantic, FL

Not Listed for Sale

Lots

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