NOT LISTED FOR SALE

531 W River Oaks Dr Indialantic, FL 32903

Paradise Beach Neighborhood

Estimated Value: $1,429,000 - $1,769,061

4 Beds
3 Baths
3,353 Sq Ft
$488/Sq Ft Est. Value

Last Sold March 07, 2012

Last sale price $600,000 $179 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $9,314/month

178 Days on Market

Highlights

  • In Ground Pool
  • River Front
  • Vaulted Ceiling
  • Indialantic Elementary School Rated A-
  • Open Floorplan
  • Main Floor Primary Bedroom

About This Home

As of March 2012

*under contract..owner will take back ups for 15 days if dessired. Amazing price, firm...Opportunity knocks..Wonderful between the Causeways, direct Indian River pool home! Full guest apartment upstairs (chair lift, if desired).Great for Mom & Dad, guests or teens! 3300 Sq. Ft. open plan, 4 bedrooms on first level, soaring fireplace, wood beamed ceilings, giant master. Loaded with storage, huge 2ND pantry room or formal dining, seconds to ocean, ''''breathtaking sunsets'''' & views. King sized pool!

Last Agent to Sell the Property

Wendy Murray

One Sotheby's International License #202679 Listed on: 08/04/2011

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,033

Year Built

  • Built in 1977

Lot Details

  • 0.37 Acre Lot
  • River Front
  • Cul-De-Sac
  • East Facing Home
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,353 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room
  • Dining Room
  • Screened Porch
  • Water Views
  • Hurricane or Storm Shutters

Kitchen

  • Gas Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Well

Community Details

  • No Home Owners Association
  • River Oaks West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 27372554000010000800

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,033

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Reso View: Water
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: River Oaks West
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27372554000010000800
  • 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: 10033.01
  • Location Tax and Legal Tax Year2: 2010
  • General Property Information Living Area2: 3353.0
  • General Property Information Building Area Total3: 4300.0
  • General Property Information Lot Size Acres: 0.37
  • General Property Information Lot Size Square Feet2: 16117.2
  • 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:Electric: Yes
  • Fencing Fenced2: Yes
  • Fencing Wood2: Yes
  • Flooring Tile: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Well: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Guest Suite, Kitchen Island, Open Floorplan, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Dryer, Gas Range, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Interior Features:Primary Downstairs: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Storm Shutters
  • Pool Features: In Ground, Private
  • Roof: Tile
  • Fencing: Fenced, Wood
  • Acres: 0.37
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Exterior Features:Storm Shutters: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

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

Utilities

  • Cooling: Electric
  • Utilities: Water Available
  • Heating: Electric
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 16117.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 27372554000010000800
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 10033.01

MLS Schools

  • Elementary School: Indialantic
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2011
Closed on
Mar 6, 2012
Sold by
Allen Normand and The Normand Allen Revocable Tr
Bought by
Volk David J
Seller's Agent
Wendy Murray
One Sotheby's International
List Price
$775,000
Sold Price
$600,000
Premium/Discount to List
-$175,000
-22.58%
Current Estimated Value
$1,635,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,035,015
Avg. Annual Appreciation
7.62%
Original Mortgage
$417,000
Outstanding Balance
$279,529
Interest Rate
3.37%
Estimated Equity
$1,355,486

Purchase Details

Closed on
May 18, 2009
Sold by
Allen Normand
Bought by
Allen Normand and The Normand Allen Revocable Tr

Purchase Details

Closed on
Jun 30, 1997
Sold by
Herhold Frank and Herhold Mary Jo
Bought by
Allen Normand and Allen Angela
Source: Public Records

Range of Values:

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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
Volk David J $600,000 Attorney
Allen Normand -- Attorney
Allen Normand $484,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volk David J $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2012 03/07/12 Sold $600,000 -22.6% $179 / Sq Ft
01/29/2012 01/29/12 Pending -- -- --
08/04/2011 08/04/11 For Sale $775,000 -- $231 / 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 $9,072 $742,180 -- --
2024 $8,961 $721,270 -- --
2023 $8,961 $700,270 $0 $0
2022 $8,364 $679,880 $0 $0
2021 $8,814 $660,080 $0 $0
2020 $8,807 $650,970 $0 $0
2019 $8,813 $636,340 $0 $0
2018 $8,876 $624,480 $0 $0
2017 $9,039 $611,640 $0 $0
2016 $9,257 $599,060 $418,000 $181,060
2015 $7,847 $488,110 $319,200 $168,910
2014 $7,920 $484,240 $288,800 $195,440
Source: Public Records

Agents Affiliated with this Home

  • Wendy Murray

    Seller's Agent in 2012

    Wendy Murray

    One Sotheby's International

    (321) 243-3595

    11 Total Sales

    Wendy Murray
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Map

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

MLS Number: 621424

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-25-54-00001.0-0008.00

Florida Brevard County Indialantic 32903 Paradise Beach

531 W River Oaks Dr, 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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