NOT LISTED FOR SALE

40 Riverview Terrace Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $1,441,000 - $1,687,000

4 Beds
3 Baths
3,299 Sq Ft
$486/Sq Ft Est. Value

Sale Details

Date Sold: October 25, 2022

Last sale price $1,650,000 $500 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,956 / mo

51 Days on Market

Highlights

  • RV Access or Parking
  • City View
  • Open Floorplan
  • Indialantic Elementary School Rated A-
  • 0.52 Acre Lot
  • Wood Flooring

About This Home

As of October 2022

Incredible, like-new and looks like a model is this amazingly designed, quality crafted beach-side home. Rare half-acre cul-de-dac lot within walking distance of the Ocean. This was a second home for the owners and lived in less than 60 days since built. The open concept, great room pocket impact resistant SGDs to porch w/FP, wood ceilings and fenced yard. There's a gourmet kitchen w/ huge island, handsome cabinetry, and quartz tops, tons of storage, amazing pantry, mudroom, and laundry. The owner's suite is like a fine hotel w/ a spa-bath and walk-in closet to die for. The BRs are more than ample, office and game/media room each have closets that could double as a 4th or 5th BR for guests. Wait 'til you see circle-drive, oversized 4-car gar w/ space for boat/RV plus AC'ed storage or shop

Last Agent to Sell the Property

Thomas Davis

RE/MAX Elite License #3019286 Listed on: 09/12/2022

RE/MAX Elite

Last Buyer's Agent

Cynthia Tripp

Surfside Properties & Mgmt. License #3048755

Surfside Properties & Mgmt.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,443

Year Built

  • Built in 2018

Lot Details

  • 22,651 Sq Ft Lot
  • Cul-De-Sac
  • West Facing Home
  • Wrought Iron Fence
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

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

Interior Spaces

  • 3,299 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • City Views

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Separate Outdoor Workshop
  • Porch

Schools

  • Indialantic Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System
  • Propane
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Highland Groves Association
  • Highland Groves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27-37-25-50-00003.0-0008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,443

Year Built

Built in 2018

Lot Details

0.52 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Sink, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, Corner Lot
  • Road Surface Type: Asphalt
  • Reso View: City
  • ResoSecurityFeatures: Smoke Detector(s), Security System Owned
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Highland Groves
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), His and Hers Closets, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms
  • Flooring: Carpet, Tile, Wood
  • Appliances: Convection Oven, Dryer, Disposal, Dishwasher, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other

Exterior Features

  • Pool Features: None
  • Roof: Tile
  • Fencing: Wrought Iron, Fenced
  • Acres: 0.52
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Circular Driveway, Detached, Garage Door Opener, RV Access/Parking

Utilities

  • Cooling: Central Air, Electric
  • Utilities: Electricity Connected, Propane, Sewer Available, Water Available
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: HIGHLAND GROVES
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 22651.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-25-50-00003.0-0008.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7443.47

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2022
Closed on
Oct 25, 2022
Sold by
Bought by
Seller's Agent
Thomas Davis
RE/MAX Elite
Buyer's Agent
Cynthia Tripp
Surfside Properties & Mgmt.
List Price
$1,650,000
Sold Price
$1,650,000
Views
7
Current Estimated Value
$1,604,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,300
Avg. Annual Appreciation
-0.76%
Original Mortgage
$750,000
Outstanding Balance
$715,421
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$889,279

Purchase Details

Closed on
Nov 8, 2019
Sold by
Bought by

Purchase Details

Listed on
Feb 1, 2015
Closed on
Mar 31, 2015
Sold by
Bought by
Seller's Agent
Barbara Favero
One Sotheby's Inter Realty
Buyer's Agent
David LaDrew
Real Estate Direct of Florida
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-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
14.67%

Purchase Details

Closed on
Jun 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.89%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$11,550 --
-- Attorney
-- Alliance Title Insurance Age
-- Alliance Title Insurance Age
-- Alliance Title Insurance Age
-- Alliance Title Insurance Age
-- Attorney
-- --
$147,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $750,000
Previous Owner $118,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2022 10/25/22 Sold $1,650,000 0.0% $500 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/12/2022 09/12/22 For Sale $1,650,000 0.0% $500 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $1,650,000 +378.3% $500 / Sq Ft
03/31/2015 03/31/15 Sold $345,000 -8.0% $160 / Sq Ft View Prior Sale
02/26/2015 02/26/15 Pending -- -- --
02/01/2015 02/01/15 For Sale $375,000 -- $174 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,072 $1,367,010 -- --
2024 $15,901 $1,303,120 -- --
2023 $15,901 $1,265,170 $306,000 $959,170
2022 $7,077 $570,880 $0 $0
2021 $7,443 $554,260 $0 $0
2020 $7,418 $546,610 $0 $0
2019 $7,410 $534,330 $0 $0
2018 $2,820 $210,000 $210,000 $0
2017 $2,226 $37,500 $0 $0
2016 $2,724 $175,000 $175,000 $0
2015 $2,292 $175,000 $175,000 $0
2014 $2,306 $150,440 $110,000 $40,440
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Davis

    RE/MAX

    Section Image
  • Cynthia Tripp

    Buyer's Agent in 2022

    Cynthia Tripp

    Surfside Properties & Mgmt.

    (321) 961-2930

    2 in this area

    24 Total Sales

    Cynthia Tripp
    Section Image

  • B

    Seller's Agent in 2015

    Barbara Favero

    One Sotheby's Inter Realty

  • David LaDrew

    Buyer's Agent in 2015

    David LaDrew

    Real Estate Direct of Florida

    (321) 288-0496

    63 Total Sales

    David LaDrew
    Section Image
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Map

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

MLS Number: 941653

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-25-50-00003.0-0008.00

Florida Brevard County Indialantic 32903 Paradise Beach

40 Riverview Terrace, Indialantic, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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