NOT LISTED FOR SALE

3861 Indian River Dr Cocoa, FL 32926

Estimated Value: $252,000 - $592,000

5.16 Acres
$95,913 Price per Acre
224,770 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $620,000 $257 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $3,186/month

17 Days on Market

Highlights

  • 75 Feet of Waterfront
  • No HOA
  • Agricultural
  • 5.16 Acre Lot

About This Lot

As of October 2022

RARE OPPERTUNITY to Own a Secluded Private Beautiful 3.56 Acres Flag Lot Currently Zoned AU with 75 feet on the Intracoastal Waterway/Indian River and 1.61 acre Commercial Lot Frontage on US HWY1. Both Lots to be combined after Jan 1 2023 as 1 Lot (5.16 Acres Total) and will be Zoned AU or keep as 2 Separate Lots. Plenty of room to add a Dock on the 75 Foot Indian River Frontage to watch Dolphin, Manatee, Birds, Easy Access to the Ocean, Boating, Kayaking, Fishing. Many Beautiful Mature Trees Hickory, Cedar, Hackberry, Oak, Elm, Magnolia, Cabbage Palm, High and Dry only a VERY small Wetlands to the North of Property. Located Near 528 (the Beachline) I-95, Beaches 20 Min away.

Last Agent to Sell the Property

Vickie Walters

Brevard Premier Prop.& Inv.Inc License #3014301 Listed on: 08/09/2022

Last Buyer's Agent

Wendi James

Blue Marlin Real Estate License #3513237

Blue Marlin Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,664

Lot Details

  • 5.16 Acre Lot
  • 75 Feet of Waterfront
  • River Front
  • Dirt Road
  • Flag Lot

Schools

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

Farming

  • Agricultural

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 24-36-06-Vy-0000a.0-0001.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,664

Lot Details

5.16 Acres

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Agricultural, Flag Lot
  • Road Surface Type: Dirt
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 24-36-06-Vy-0000a.0-0001.00
  • 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: 2663.63
  • Location Tax and Legal Tax Year2: 2021
  • General Property Information Lot Size Acres: 5.16
  • General Property Information Lot Size Square Feet2: 155074.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Water Frontage Feet: 75
  • Road Surface Type Dirt: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 5.16
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Flag Lot: Yes
  • Waterfront Features:River Front: 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

  • Current Use: Agricultural, Commercial
  • Lot Size Sq Ft: 155074.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-06-Vy-0000a.0-0001.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2663.63

MLS Schools

  • Elementary School: Fairglen
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Powers Aaron T and Powers Keilah
Bought by
Powers Family Revocale Living Trust
Current Estimated Value
$494,909

Purchase Details

Listed on
Aug 9, 2022
Closed on
Oct 12, 2022
Sold by
Moros Alan F and Moros Linda
Bought by
Powers Aaron T and Powers Keilah
Seller's Agent
Vickie Walters
Brevard Premier Prop.& Inv.Inc
Buyer's Agent
Wendi James
Blue Marlin Real Estate
List Price
$649,500
Sold Price
$620,000
Premium/Discount to List
-$29,500
-4.54%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.36%
Original Mortgage
$258,750
Interest Rate
6.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
May 11, 2018
Sold by
Atlantic Home Souctions Inc Cortp
Bought by
Moros Linda L
Seller's Agent
Michael Thorpe
One Sotheby's Int'l Realty
List Price
$259,000
Sold Price
$220,000
Premium/Discount to List
-$39,000
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.35%
Original Mortgage
$165,000
Interest Rate
4.44%
Mortgage Type
New Conventional
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
Powers Family Revocale Living Trust $100 None Listed On Document
Powers Aaron T $560,000 Island Title & Escrow
Moros Linda L $220,000 Alliance Title Ins Agcy Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powers Aaron T $258,750
Previous Owner Moros Linda L $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $620,000 -4.5% $257 / Sq Ft
08/27/2022 08/27/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $649,500 +195.2% $270 / Sq Ft
05/11/2018 05/11/18 Sold $220,000 0.0% $91 / Sq Ft View Prior Sale
05/11/2018 05/11/18 Sold $220,000 -7.9% $91 / Sq Ft View Prior Sale
04/11/2018 04/11/18 Pending -- -- --
03/30/2018 03/30/18 Pending -- -- --
03/12/2018 03/12/18 Price Changed $239,000 -7.7% $99 / Sq Ft
01/18/2018 01/18/18 For Sale $259,000 0.0% $108 / Sq Ft
10/25/2017 10/25/17 For Sale $259,000 -- $108 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $6,507 $519,000 -- --
2024 $5,827 $525,490 -- --
2023 $5,827 $459,820 $459,820 $0
2022 $2,800 $234,830 $0 $0
2021 $2,664 $199,580 $199,580 $0
2020 $2,574 $188,010 $188,010 $0
2019 $2,658 $188,010 $188,010 $0
2018 $2,741 $188,010 $188,010 $0
2017 $2,868 $47,002 $0 $0
2016 $3,004 $188,010 $188,010 $0
2015 $3,875 $235,000 $235,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Vickie Walters

    Seller's Agent in 2022

    Vickie Walters

    Brevard Premier Prop.& Inv.Inc

    (321) 427-5578

    4 in this area

    92 Total Sales

    Vickie Walters
    Section Image

  • W

    Buyer's Agent in 2022

    Wendi James

    Blue Marlin Real Estate

    (321) 302-8187

    2 in this area

    9 Total Sales

    Wendi James
    Section Image
  • Michael Thorpe

    Seller's Agent in 2018

    Michael Thorpe

    One Sotheby's Int'l Realty

    (772) 492-1002

    74 Total Sales

    Michael Thorpe
    Section Image
  • Tina Murphy

    Seller's Agent in 2018

    Tina Murphy

    Realty World Curri Properties

    (321) 960-1308

    44 Total Sales

    Tina Murphy
    Section Image
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Map

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

MLS Number: 943076

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-06-VY-0000A.0-0001.00

Florida Brevard County Cocoa 32926

3861 Indian River Dr, Cocoa, FL

Not Listed for Sale

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