NOT LISTED FOR SALE

2170 S River Rd Melbourne Beach, FL 32951

Estimated Value: $1,262,788 - $1,376,000

0.4 Acre
$3,280,492 Price per Acre
17,424 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $1,170,000

Est. 12% increase in value since last sale

Current estimated payment $7,700/month

195 Days on Market

Highlights

  • 106 Feet of Waterfront
  • Gemini Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of February 2022

Superior RIVERFRONT parcel on 0.4 acres of perfectly shaped land. One of the most prime and highly desirable location in Brevard County overlooking amazing Indian River. Close to Downtown Melbourne Beach and 5th Ave in Indialantic. This breathtaking plat offers 106 feet of direct waterfrontage on the Indian River and 113 feet on S River Road. Build your dream residence and watch amazing sunsets Easy to show but must make appointment.

Last Agent to Sell the Property

Eva McMillan

Dale Sorensen Real Estate Inc. License #3199073 Listed on: 10/13/2021

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Jessica Johnson

Island Pineapple Realty, LLC License #697132

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,739

Lot Details

  • 0.4 Acre Lot
  • 106 Feet of Waterfront
  • River Front
  • Cul-De-Sac
  • Cleared Lot

Schools

  • Gemini Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Cable TV Available

Community Details

  • Resubd Of Lots 11 Thru 16 Blk E Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-17-26-0000e.0-0014.00

Property Details

Property Type

Land

Est. Annual Taxes

$6,739

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Cul-De-Sac
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Resubd of Lots 11 Thru 16 Blk E
  • Location Tax and Legal Parcel Number2: 28-38-17-26-0000e.0-0014.00
  • Location Tax and Legal Elementary School: Gemini
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 6739.0
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Lot Size Acres: 0.4
  • General Property Information Lot Size Square Feet2: 17424.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Water Available: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Water Frontage Feet: 106
  • General Property Information Number Of Lots2: 1.0
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.4
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 17424.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-17-26-0000e.0-0014.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6739.0

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Feb 10, 2022
Sold by
East Coast Holdings Llc
Bought by
Johnson Family Trust
Seller's Agent
Eva McMillan
Dale Sorensen Real Estate Inc.
Buyer's Agent
Jessica Johnson
Island Pineapple Realty, LLC
List Price
$1,300,000
Sold Price
$1,170,000
Premium/Discount to List
-$130,000
-10%
Current Estimated Value
$1,312,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,197
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Jan 22, 2020
Sold by
Mcmanus James N and Mcmanus Melanie
Bought by
East Coast Holdings Llc

Purchase Details

Closed on
Jun 6, 2003
Sold by
Stitt Barbara
Bought by
Mcmanus James N and Mcmanus Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Lance Martha
Bought by
Stitt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2002
Sold by
Baker Charles and Stitt Barbara
Bought by
Lance Martha

Purchase Details

Closed on
Jan 29, 2002
Sold by
Lett Walter B
Bought by
Baker Charles and Stitt Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,250
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Johnson Family Trust $1,170,000 Supreme Title Closings
East Coast Holdings Llc -- Attorney
Mcmanus James N $550,000 Harbour Title & Trust Inc
Stitt Barbara $10,000 --
Lance Martha $344,300 --
Baker Charles $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcmanus James N $400,000
Previous Owner Baker Charles $344,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2022 02/10/22 Sold $1,170,000 -6.4% --
01/27/2022 01/27/22 Pending -- -- --
01/26/2022 01/26/22 Price Changed $1,250,000 -3.8% --
10/13/2021 10/13/21 For Sale $1,300,000 0.0% --
09/15/2021 09/15/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $1,300,000 -3.7% --
07/15/2021 07/15/21 For Sale $1,350,000 -- --
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 $10,633 $888,410 -- --
2024 $10,866 $888,780 -- --
2023 $10,866 $889,550 $884,100 $5,450
2022 $7,364 $677,220 $0 $0
2021 $6,824 $528,870 $526,250 $2,620
2020 $7,020 $529,630 $526,250 $3,380
2019 $7,150 $530,390 $526,250 $4,140
2018 $6,668 $478,070 $473,630 $4,440
2017 $6,282 $426,140 $421,000 $5,140
2016 $6,597 $426,580 $421,000 $5,580
2015 $6,767 $421,000 $421,000 $0
2014 $6,168 $373,960 $368,380 $5,580
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 910508

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-17-26-0000E.0-0014.00