NOT LISTED FOR SALE

3551 Indian River Dr Cocoa, FL 32926

Estimated Value: $1,788,000 - $2,460,000

6 Beds
6.5 Baths
6,473 Sq Ft
$317/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $900,000 $139 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $12,124/month

68 Days on Market

Highlights

  • Heated In Ground Pool
  • River View
  • Open Floorplan
  • RV Access or Parking
  • 1.6 Acre Lot
  • Deck

About This Home

As of January 2016

Direct Indian River Home on 1.65 Acres with 213 feet on the Indian River. 6473sf house with 6 bedrooms 5 bathrooms & half bath. two master bedrooms one up & one down. Floors are upgraded tile & hand carved Brazilian Pine. Staircase is custom made Cherry. Tray ceilings & crown molding throughout. Granite kitchen counter, center isle with cooktop, prep-sink & wine cooler. Double SS Kenmore Elite fridge, SS Double oven, dishwasher & microwave. Downstairs master has jetted tub, shower, double vanities & pool access. Formal dining room has fireplace & river view. Summer kitchen has fireplace & gas grill, pool has heated spa. There is also a detached 17x20 Bonus room with AC, full bathroom, kitchenette & 20x24 patio by the pool. RV/Boat parking & 4 car garage. Automatic Home Generator included

Last Agent to Sell the Property

Don Wood

RE/MAX Aerospace Realty License #692668 Listed on: 09/16/2015

RE/MAX Aerospace Realty

Last Buyer's Agent

Don Wood

RE/MAX Aerospace Realty License #692668 Listed on: 09/16/2015

RE/MAX Aerospace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,644

Year Built

  • Built in 2007

Lot Details

  • 1.6 Acre Lot
  • River Front
  • East Facing Home
  • Chain Link Fence
  • Front and Back Yard Sprinklers

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 6,473 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Bonus Room
  • River Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Convection Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Washer and Gas Dryer Hookup

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Parking

  • Detached Garage
  • Garage Door Opener
  • Guest Parking
  • RV Access or Parking

Pool

  • Heated In Ground Pool
  • In Ground Spa
  • Outdoor Shower

Outdoor Features

  • Courtyard
  • Deck
  • Patio
  • Outdoor Kitchen
  • Porch

Schools

  • Fairglen Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Central Air
  • Heat Pump System
  • Whole House Permanent Generator
  • Propane
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24-36-08-00-00569.0-0000.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,644

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Financial Info Electric: Whole House Generator
  • Location Tax and Legal Parcel Number2: 24-36-08-00-00569.0-0000.00
  • Location Tax and Legal Elementary School: Fairglen
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Annual Amount: 9644.31
  • Location Tax and Legal Tax Year2: 2014
  • General Property Information Living Area2: 6473.0
  • General Property Information Building Area Total3: 8669.0
  • General Property Information Lot Size Acres: 1.6
  • General Property Information Lot Size Square Feet2: 69696.0
  • 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
  • Cooling:Electric: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Flooring Carpet: Yes
  • Laundry Features Sink: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Fencing Chain Link: Yes
  • Spa Features In Ground2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Security Features Security System Owned: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Living Room: Yes
  • Electric Whole House Generator: Yes
  • Pool Features Electric Heat: Yes
  • Utilities Propane3: Yes
  • Room Types Bonus Room: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Bathroom - Tub with Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Wet Bar
  • Flooring: Carpet, Tile
  • Spa Features: Bath, In Ground
  • Appliances: Convection Oven, Dishwasher, Disposal, Double Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace Features: Other
  • Total Bedrooms: 14
  • ResoLivingAreaSource: PublicRecords
  • General Property Information Bathrooms Half: 1
  • Appliances:Convection Oven: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:Open Floorplan: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Courtyard, Outdoor Kitchen, Outdoor Shower, Storm Shutters
  • Pool Features: Electric Heat, In Ground, Private
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 1.6
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Outdoor Shower: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • Exterior Features:Courtyard: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Garage Door Opener, Guest, RV Access/Parking
  • General Property Information:Garage YN: No
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Guest: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Detached: Yes

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Cable Available, Electricity Connected, Water Available, Propane
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 69696.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2457170
  • Parcel #: 24-36-08-00-00569.0-0000.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 9644.31

MLS Schools

  • Elementary School: Fairglen
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2015
Closed on
Jan 13, 2016
Sold by
Basaly Richard M and Basaly Elmira S
Bought by
Basaly Richard M and Basaly Elmira S
Seller's Agent
Don Wood
RE/MAX Aerospace Realty
Buyer's Agent
Don Wood
RE/MAX Aerospace Realty
List Price
$1,299,500
Sold Price
$900,000
Premium/Discount to List
-$399,500
-30.74%
Current Estimated Value
$2,051,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,151,513
Avg. Annual Appreciation
8.91%
Original Mortgage
$720,000
Outstanding Balance
$310,263
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,741,250

Purchase Details

Closed on
Jan 13, 2015
Sold by
Cook Robert Carl
Bought by
Basaly Richard M and Basaly Elmira S

Purchase Details

Closed on
May 1, 2011
Sold by
Lathem Steven D and Elaine Lathem D
Bought by
Cook Robert Carl and The Lathem Family Trust
Source: Public Records

Range of Values:

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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
Basaly Richard M -- East Coast Title
Basaly Richard M $10,000 East Coast Title
Basaly Richard M $890,000 East Coast Title
Cook Robert Carl -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basaly Richard M $720,000
Previous Owner Lathem Steven D $716,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2016 01/13/16 Sold $900,000 0.0% $139 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
11/18/2015 11/18/15 Off Market $900,000 -- --
10/02/2015 10/02/15 Price Changed $999,500 -9.1% $154 / Sq Ft
09/22/2015 09/22/15 Price Changed $1,099,500 -15.4% $170 / Sq Ft
09/16/2015 09/16/15 For Sale $1,299,500 -- $201 / 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
2024 $12,383 $986,510 -- --
2023 $12,383 $957,780 $0 $0
2022 $11,623 $929,890 $0 $0
2021 $12,089 $902,810 $0 $0
2020 $12,112 $890,350 $0 $0
2019 $12,155 $870,340 $0 $0
2018 $12,276 $854,120 $0 $0
2017 $12,543 $836,560 $370,690 $465,870
2016 $9,300 $594,330 $172,310 $422,020
2015 $9,556 $590,200 $172,310 $417,890
2014 $9,644 $585,520 $172,310 $413,210
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 735136

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-08-00-00569.0-0000.00