NOT LISTED FOR SALE

421 Rio Villa Blvd Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $842,000 - $965,000

4 Beds
3 Baths
2,821 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 06, 2019

Last sale price $549,500 $195 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,037/month

180 Days on Market

Highlights

  • Private Pool
  • Pool View
  • Fireplace
  • Indialantic Elementary School Rated A-
  • Breakfast Area or Nook
  • 2 Car Attached Garage

About This Home

As of December 2019

****BRAND NEW KITCHEN APPLIANCES, FRESH INTERIOR PAINT THROUGHOUT ENTIRE HOME, NEWLY STEAM CLEANED TILES & CARPETS WITHIN THE MONTH OF JULY*** Unmatched location and style! This original model home is located on a corner lot of one of the most desirable beachside neighborhoods. Pavered patio area provides a welcoming entrance to heated/screened pool, new hot tub and summer kitchen with recently updated outdoor grill. Huge master bedroom with extended sitting area. Custom master bathroom offers features like a walk through shower hosted in a private atrium. Executive features like coffered/barreled ceilings and dining room columns provide extra entertainment splash. Refinished cabinets, exterior paint, and AC are improvements made since 2017.

Last Agent to Sell the Property

Sandra Sheibani

One Sotheby's International License #3346179 Listed on: 04/19/2019

One Sotheby's International

Last Buyer's Agent

Corey Craigie

Compass Florida, LLC License #3284482

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • North Facing Home

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

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

Interior Spaces

  • 2,821 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Pool Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Screen Enclosure
  • Above Ground Spa

Schools

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

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Rio Villa Unit V Subdivision
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 27-37-24-89-00000.0-0022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,874

Year Built

Built in 1998

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Reso View: Pool
  • ResoSecurityFeatures: Other
  • Reso Association Amenities: Maintenance Grounds, Management - Full Time, Other
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Rio Villa Unit V
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-24-89-00000.0-0022.00
  • Location Tax and Legal Elementary School: Indialantic
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 5873.99
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2821.0
  • General Property Information Building Area Total3: 3469.0
  • General Property Information Lot Size Acres: 0.34
  • General Property Information Lot Size Square Feet2: 14810.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: No
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: North
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Appliances Dryer: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Pool Features Private: Yes
  • Association Amenities Maintenance Grounds2: Yes
  • Road Surface Type Asphalt: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Pool Features Screen Enclosure: Yes
  • Room Types Family Room: Yes
  • Room Types Living Room: Yes
  • Utilities Natural Gas Connected: Yes
  • Spa Features Above Ground2: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Nook, Built-in Features, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Spa Features: Above Ground
  • Appliances: Dishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Gas Water Heater: Yes

Exterior Features

  • Pool Features: Private, Screen Enclosure
  • Roof: Tile
  • Acres: 0.34
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 200.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 200.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 14810.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2736188
  • Parcel #: 27-37-24-89-00000.0-0022.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5873.99

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2019
Closed on
Dec 5, 2019
Sold by
Cohee Garrett Lane and Cohee Cheryl F
Bought by
Hei David Larry and Johanowicz Denise
Seller's Agent
Sandra Sheibani
One Sotheby's International
Buyer's Agent
Corey Craigie
Compass Florida, LLC
List Price
$599,500
Sold Price
$549,500
Premium/Discount to List
-$50,000
-8.34%
Current Estimated Value
$926,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,433
Avg. Annual Appreciation
9.55%
Original Mortgage
$484,350
Outstanding Balance
$429,174
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$497,759

Purchase Details

Closed on
Feb 13, 2017
Sold by
Cohee Garrett Lane and Cohee Cheryl E
Bought by
Cohee Garrett Lane and Cohee Cheryl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,725
Interest Rate
4.2%

Purchase Details

Closed on
Jun 8, 2016
Sold by
Cohee Garrett and Cohee Cheryl E
Bought by
Cohee Family Revocable Living Trust

Purchase Details

Closed on
Aug 17, 1998
Sold by
Riverside Bldr Brevard Inc
Bought by
Maddox T Michael and Maddox Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
6.91%

Purchase Details

Closed on
Dec 8, 1997
Sold by
O & R Ent Inc
Bought by
Riverside Bldr Brevard Inc
Source: Public Records

Range of Values:

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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
Hei David Larry $549,500 Sunbelt Title Agency
Cohee Garrett Lane -- Title Source Inc
Cohee Garrett Lane -- Title Source Inc
Cohee Family Revocable Living Trust -- Attorney
Maddox T Michael $289,000 --
Riverside Bldr Brevard Inc $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hei David Larry $100,000
Open Hei David Larry $484,350
Previous Owner Cohee Garrett Lane $288,725
Previous Owner Cohee Garrett $354,000
Previous Owner Cohee Garrett $386,621
Previous Owner Maddox T Michael $231,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2019 12/06/19 Sold $549,500 -3.6% $195 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
07/24/2019 07/24/19 Price Changed $569,900 -2.5% $202 / Sq Ft
05/20/2019 05/20/19 Price Changed $584,500 -2.5% $207 / Sq Ft
04/19/2019 04/19/19 For Sale $599,500 -- $213 / 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 $12,102 $749,680 -- --
2023 $12,102 $727,850 $0 $0
2022 $11,477 $706,660 $0 $0
2021 $9,466 $519,820 $114,000 $405,820
2020 $9,175 $500,790 $100,000 $400,790
2019 $5,875 $348,720 $0 $0
2018 $5,874 $342,220 $0 $0
2017 $5,900 $335,190 $0 $0
2016 $5,923 $320,560 $100,000 $220,560
2015 $6,045 $318,340 $100,000 $218,340
2014 $5,959 $315,820 $100,000 $215,820
Source: Public Records

Agents Affiliated with this Home

  • Sandra Sheibani

    Seller's Agent in 2019

    Sandra Sheibani

    One Sotheby's International

    (321) 693-1919

    7 in this area

    38 Total Sales

    Sandra Sheibani
    Section Image
  • Corey Craigie

    Buyer's Agent in 2019

    Corey Craigie

    Compass Florida, LLC

    (407) 509-3210

    14 in this area

    51 Total Sales

    Corey Craigie
    Section Image
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Map

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

MLS Number: 842871

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-24-89-00000.0-0022.00

Florida Brevard County Indialantic 32903 Paradise Beach

421 Rio Villa Blvd, Indialantic, FL

This home is located at 421 Rio Villa Blvd, Indialantic, FL 32903 since 19 April 2019 and is currently estimated at $926,933, approximately $328 per square foot. This property was built in 1998. 421 Rio Villa Blvd is a home located in Brevard County with nearby schools including Indialantic Elementary School, Herbert C. Hoover Middle School, and Melbourne Senior High School.

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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