NOT LISTED FOR SALE

Estimated Value: $1,262,000 - $1,330,000

0.4 Acres
$3,235,872 Price per Acre
17,424 Sq Ft Lot

Last Sold February 10, 2022

Last sale price $1,170,000

Est. 11% increase in value since last sale

Current estimated payment $7,621/month

178 Days on Market

Highlights

  • River View
  • 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 & highly desirable location in Brevard County overlooking amazing Indian River. Close to Downtown Melbourne Bch and 5th Ave in Indialantic. This breathtaking plat with 106 feet of direct waterfrontage on the Indian River and 113 feet on S River Road. Build your dream residence & watch amazing sunsets

Last Agent to Sell the Property

Eva McMillan

Dale Sorensen Real Estate Inc. License #3199073 Listed on: 07/16/2021

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,020

Lot Details

  • 0.4 Acre Lot
  • River Front
  • Cul-De-Sac

Property Views

  • River Views

Utilities

  • Not Connected to Water Source
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 14 / E
  • Assessor Parcel Number 28381726E14

Property Details

Property Type

Land

Est. Annual Taxes

$7,020

Lot Details

0.4 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.4
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Directions: Riverside Dr to Oak St to Bonita Ave to S river Rd # 2170.
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Utilities

  • Sewer: None
  • Utilities: Cable Available
  • Water Source: Not Connected, Well Needed

Condo/Co-op/Association

  • Community Features: Curbs, Storm Drain(s), Sidewalks
  • Association Name: no

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 17424.0
  • Number Of Lots: 1
  • Parcel #: 28381726E14
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7020.0
  • Tax Block: E
  • Tax Lot: 14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 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
NON-MLS AGENT
NON MLS
List Price
$1,350,000
Sold Price
$1,170,000
Premium/Discount to List
-$180,000
-13.33%
Current Estimated Value
$1,294,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,349
Avg. Annual Appreciation
2.49%

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
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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 -13.3% --
01/11/2022 01/11/22 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,350,000 -- --
Source: REALTORS® Association of Indian River County

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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Source: REALTORS® Association of Indian River County

MLS Number: 245186

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

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