NOT LISTED FOR SALE

394 Riverview Ln Melbourne Beach, FL 32951

Estimated Value: $661,000 - $1,064,000

-- Bed
-- Bath
-- Sq Ft
10,454 Sq Ft Lot

Last Sold June 18, 2024

Last sale price $635,000

Est. 36% increase in value since last sale

Current estimated payment $5,114/month

184 Days on Market

About This Home

As of June 2024

Melbourne Beach Canal Front all cleared and ready for a new owner. Canal was dredged over the last year. Property is equipped with seawall. It is almost impossible to find vacant watefront land in an established community in Melbourne Beach. Bring your boat. Access to the Indian River. Incredible location if you like going to the Sebastian Inlet & fishing. Current owner had plans to build a multi generational 2 story home. Soil Testing as well as a boundary survey, site layout, plot plan were all done by current owner. They designed a covered dock & overwater deck that would be an extension of the pool and backyard space so they can enjoy boating, fishing,tubing,etc. Quick walk to the town center post office & grocery. Short walk to the beach to watch the sunrise. Then watch the sunset from your future deck or boat in the evening. Walking distance to Gemini Elementary School. Quick bike ride or car ride to Flutie Sports Fields & Spencer Holland Golf Course. Endless potential with this land. Build up to a 3500 sq ft home. Canal Dredged. Sea Wall in Place. Very small HOA amount.

Last Agent to Sell the Property

Eugene Crockett

EXP Realty, LLC License #3393701 Listed on: 11/23/2023

EXP Realty, LLC

Last Buyer's Agent

Eugene Crockett

RE/MAX Absolute Service Team

Home Details

Home Type

  • Single Family

Lot Details

  • 10,454 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Cleared Lot

HOA Fees

  • $4 Monthly HOA Fees

Schools

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

Community Details

  • Harbor East Sec 3 Amended Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-38-08-Jv-00000.0-0066.00

Home Details

Home Type

Single Family

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Harbor East Sec 3 Amended
  • Location Tax and Legal Parcel Number2: 28-38-08-Jv-00000.0-0066.00
  • 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 Year2: 2022
  • General Property Information Lot Size Acres: 0.24
  • General Property Information Lot Size Square Feet2: 10454.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Water Body Access YN3: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Exterior Features

  • Acres: 0.24
  • Waterfront Features: Canal Front, Navigable Water
  • Waterfront: Yes
  • Waterfront Features:Canal Front: Yes
  • Lot Features:Cleared: Yes
  • Waterfront Features:Navigable Water: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 50.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 10454.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 28-38-08-Jv-00000.0-0066.00

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Gemini
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Jun 14, 2024
Sold by
Drake David Gregory and Llinas Jacqueline Blanche
Bought by
Walden Jason
Seller's Agent
Eugene Crockett
EXP Realty, LLC
Buyer's Agent
Eugene Crockett
EXP Realty LLC
List Price
$775,000
Sold Price
$635,000
Premium/Discount to List
-$140,000
-18.06%
Views
55
Current Estimated Value
$862,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,500
Avg. Annual Appreciation
22.16%

Purchase Details

Closed on
Jan 18, 2023
Sold by
Drake David G and Drake Jacqueline
Bought by
Llinas Drake Revocable Living Trust

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 15, 2021
Sold by
Anderson Aaron R
Bought by
Drake David G and Llinas Jacqueline
Seller's Agent
Perry Coleman
Indian River Realty
Buyer's Agent
Eugene Crockett
EXP Realty LLC
List Price
$399,700
Sold Price
$405,000
Premium/Discount to List
$5,300
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.10%

Purchase Details

Listed on
Jul 18, 2012
Closed on
Oct 22, 2012
Sold by
Jolowski Frederick M and Jolowski Robert D
Bought by
Anderson Aaron R
Seller's Agent
Wendy Murray
One Sotheby's International
Buyer's Agent
Tami Leliuga Shriver
Mutter Realty
List Price
$259,900
Sold Price
$212,000
Premium/Discount to List
-$47,900
-18.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.01%
Original Mortgage
$150,000
Interest Rate
3.53%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Walden Jason $635,000 State Title Partners
Walden Jason $635,000 State Title Partners
Llinas Drake Revocable Living Trust -- --
Drake David G $405,000 Attorney
Anderson Aaron R -- Alliance Title Insurance Age
Anderson Aaron R $212,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Aaron R $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2024 06/18/24 Sold $635,000 -9.3% --
05/26/2024 05/26/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $700,000 -3.4% --
12/19/2023 12/19/23 Price Changed $725,000 -3.3% --
12/04/2023 12/04/23 Price Changed $750,000 -3.2% --
11/23/2023 11/23/23 For Sale $775,000 +91.4% --
03/15/2021 03/15/21 Sold $405,000 +1.3% -- View Prior Sale
02/25/2021 02/25/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $399,700 -1.3% --
02/06/2021 02/06/21 Off Market $405,000 -- --
08/05/2020 08/05/20 For Sale $399,700 +88.5% --
10/22/2012 10/22/12 Sold $212,000 -18.4% -- View Prior Sale
08/23/2012 08/23/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $259,900 -- --
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 $7,088 $525,000 -- --
2024 $6,463 $475,000 -- --
2023 $6,463 $425,000 $425,000 $0
2022 $5,990 $385,000 $0 $0
2021 $5,112 $315,000 $315,000 $0
2020 $4,613 $275,000 $275,000 $0
2019 $4,723 $275,000 $275,000 $0
2018 $4,792 $275,000 $275,000 $0
2017 $4,597 $68,750 $0 $0
2016 $4,250 $230,000 $230,000 $0
2015 $4,232 $230,000 $230,000 $0
2014 $3,831 $200,000 $200,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 981069

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 28-38-08-JV-00000.0-0066.00