NOT LISTED FOR SALE

509 N Indian River Dr Cocoa, FL 32922

Estimated Value: $439,000 - $610,000

3 Beds
3 Baths
2,133 Sq Ft
$251/Sq Ft Est. Value

Last Sold December 26, 2018

Last sale price $300,000 $141 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,352/month

Highlights

  • Boat Dock
  • Wood Flooring
  • 1 Car Attached Garage
  • River Front
  • No HOA
  • Central Air

About This Home

As of December 2018

**INVESTOR SPECIAL** Here is your opportunity to live right on the Indian River in historic Cocoa. This 1918 waterfront home has seen better days but is ready for your complete remodel. The home suffered a fire in the kitchen, the damaged material has been removed and is ready for new owners and a new vision to bring it back to life for the next 100 years! Do you have what it takes to bring this beautiful home back to it's former glory? If you do then this may be the best waterfront opportunity to hit the market for some time.

Last Agent to Sell the Property

Paige Lane

Keller Williams Realty Brevard License #3337624 Listed on: 11/11/2018

Keller Williams Realty Brevard

Last Buyer's Agent

Gina Fadely

Keller Williams Realty Brevard License #3374184

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1920

Lot Details

  • 0.26 Acre Lot
  • River Front
  • East Facing Home
  • Chain Link Fence

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • 2,133 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Cambridge Elementary School
  • Cocoa Middle School
  • Cocoa High School

Utilities

  • Central Air
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24-36-28-82-00000.0-0005.00

Community Details

Overview

  • No Home Owners Association
  • Resurvey Of Part Of Lot 5 Subd Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,593

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Reso Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Resurvey of Part of Lot 5 Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 24-36-28-82-00000.0-0005.00
  • Location Tax and Legal Elementary School: Cambridge
  • Location Tax and Legal Middle School2: Cocoa
  • Location Tax and Legal High School: Cocoa
  • Location Tax and Legal Tax Year2: 2018
  • General Property Information Living Area2: 2133.0
  • General Property Information Building Area Total3: 2333.0
  • General Property Information Lot Size Acres: 0.26
  • General Property Information Lot Size Square Feet2: 11326.0
  • 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
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Wood: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Levels Two: Yes
  • Fencing Chain Link: Yes
  • General Property Information Carport YN2: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Electric Water Heater, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Chain Link, Fenced
  • Acres: 0.26
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame, Vinyl Siding, Wood Siding
  • Direction Faces: East
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Cocoa

Lot Info

  • Lot Size Sq Ft: 11326.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 24-36-28-82-00000.0-0005.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2018

MLS Schools

  • Elementary School: Cambridge
  • High School: Cocoa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2022
Sold by
Zimmerman Thomas H
Bought by
Zimmerman Thomas H and Dean Donna R
Current Estimated Value
$534,473

Purchase Details

Listed on
Nov 11, 2018
Closed on
Dec 26, 2018
Sold by
Halgren Guy E
Bought by
Zimmerman Thomas H
Seller's Agent
Paige Lane
Keller Williams Realty Brevard
Buyer's Agent
Gina Fadely
Keller Williams Realty Brevard
List Price
$300,000
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.80%

Purchase Details

Closed on
Feb 17, 2015
Sold by
Halgren Guy E and Halgren Barbara
Bought by
Halgren Guy E

Purchase Details

Closed on
Mar 1, 2001
Sold by
Halgren Barbara and Mcdermott Barbara
Bought by
Halgren Guy E and Halgren Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 1999
Sold by
Henry Greg W and Henry Elaine L
Bought by
Mcdermott Barbara and Halgren Guy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.22%
Source: Public Records

Range of Values:

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Average Value
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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
Zimmerman Thomas H -- None Listed On Document
Zimmerman Thomas H $300,000 Foundation Title & Settlemen
Halgren Guy E -- Attorney
Halgren Guy E -- --
Mcdermott Barbara $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Halgren Guy E $183,200
Previous Owner Mcdermott Barbara $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/26/2018 12/26/18 Sold $300,000 0.0% $141 / Sq Ft
11/10/2018 11/10/18 Pending -- -- --
11/10/2018 11/10/18 For Sale $300,000 -- $141 / 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
2025 $6,593 $356,540 -- --
2024 $6,392 $359,830 -- --
2023 $6,392 $372,090 $0 $0
2022 $5,418 $324,710 $0 $0
2021 $4,934 $259,550 $196,330 $63,220
2020 $4,479 $236,880 $196,330 $40,550
2019 $4,960 $260,130 $196,330 $63,800
2018 $3,665 $229,970 $0 $0
2017 $3,678 $225,240 $0 $0
2016 $3,697 $220,610 $163,830 $56,780
2015 $3,756 $219,080 $163,830 $55,250
2014 $4,449 $213,250 $163,830 $49,420
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 829447

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 24-36-28-82-00000.0-0005.00