NOT LISTED FOR SALE

607 N Riverside Dr Edgewater, FL 32132

Estimated Value: $2,049,000 - $2,840,000

4 Beds
2.5 Baths
5,347 Sq Ft
$480/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $2,100,000 $393 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $17,276/month

Highlights

  • Boathouse
  • 0.83 Acre Lot
  • Cathedral Ceiling
  • 125 Feet of Waterfront
  • Open Floorplan
  • Formal Dining Room

About This Home

As of July 2021

This elegant waterfront home is located on the Indian River/Intracoastal Waterway. The extraordinary, timeless estate sits on a sprawling 1+/- acre of land. Deep-water dock, IPE deck, boathouse and lift make Ponce Inlet or lagoon fishing access simple. This 2-story custom-built home, built in 2005 by local and well-respected builder Butch Frye, features 7,926 +/- total square feet and 5,347+/- square feet of air-conditioned space, utilizing the best techniques and materials. Construction is superb, with solid concrete construction on both levels, including a 22KW natural gas generator ready to provide backup power to the entire residence. Exterior doors and windows are Anderson “high impact” rated quality. Full house security system and cameras. This residence consists of four bedrooms and two and a half baths. The ground level presents expansive waterfront views from the dining room, living room, gourmet kitchen, breakfast nook, guest bath, family room and owner’s master retreat. The alluring master suite is located on the main level of the home, large his/her closets all with custom built ins, recessed lighting, garden tub, walk-in shower, double sinks, make-up vanity and two private walk outs to back patio and carport. The second floor provides two additional large guest suites, additional flex room and access to the large second level balcony with breath taking direct river and estuary views. Large, 36” wide mahogany doors, trim and crown molding are throughout the entire home providing an elegant finish. Not to forget to mention that the kitchen consists of Cherry cabinetry, granite countertops, 17.4’ x 6.2’ expansive walk-in pantry and all stainless-steel appliances including warming drawer and a Fisher Paykel five burner natural gas stovetop and built-in Miele coffee system. For business, the den/office has beautiful Cherry wood built-ins offering a sophisticated and well-polished executive office space. 3 enclosed garages (1 climate controlled) ;Water: City

Last Agent to Sell the Property

Kelley Desoto

OCEAN PROPERTIES & MANAGEMENT License #3012908 Listed on: 07/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,601

Year Built

  • Built in 2005

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 100x363
  • 125 Feet of Waterfront
  • Property fronts an intracoastal waterway
  • River Front
  • Irrigation
  • Property is zoned R3

Home Design

  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 5,347 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Thermal Windows
  • Tinted Windows
  • French Doors
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Boathouse
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Natural Gas
  • Well
  • Gas Water Heater

Community Details

  • Palmetto Park Sheppard & Sanchez Grant Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7450-05-00-0451

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,601

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: Yes
  • Living Area: 5347
  • Lot Size Acres: 0.83
  • Year Built: 2005
  • Building Area Total: 7926
  • Directions to Property: 44 East to Riverside Drive. Just past 10th, NSB City Limits, home is on the right.
  • Status: Sold
  • Street Direction: N
  • List Office Head Office Key Nume: 1050867
  • RATIO Current Price By Calculate: 392.74
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 1
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Open Floorplan, Other, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Thermal Windows, Tinted Windows
  • Street Number Modifier: 607
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 12

Exterior Features

  • Other Structures: Boat House
  • Exterior Features: French Doors, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Porch
  • Road Surface Type: Asphalt
  • Waterfront Feet Total: 125

Garage/Parking

  • Parking Features: Covered, Garage Door Opener

Utilities

  • Cooling: Central Air, Mini-Split Unit(s)
  • Heating: Central, Electric, Natural Gas, Other
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: See Remarks, Well

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Development: None

Lot Info

  • Zoning: R3
  • Parcel Number: 7450-05-00-0451
  • Lot Features: City Limits
  • Lot Dimensions: 100x363

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Waterfront Features: Intracoastal Waterway, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2021
Closed on
Jul 14, 2021
Sold by
Dougherty Stephen and Dougherty Sarah
Bought by
Ricks Sail and Quigley Ricks Sarah
Seller's Agent
Kelley Desoto
OCEAN PROPERTIES & MANAGEMENT
List Price
$2,195,000
Sold Price
$2,100,000
Premium/Discount to List
-$95,000
-4.33%
Current Estimated Value
$2,565,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,042
Avg. Annual Appreciation
3.23%

Purchase Details

Listed on
Sep 15, 2016
Closed on
Mar 7, 2017
Sold by
Proffitt Jonathan E and Proffitt Karin J
Bought by
Dougherty Stephen E and Dougherty Sarah N
Seller's Agent
Margie Lints
Magnolia Properties
Buyer's Agent
Peter Beaulieu
The Keyes Company
List Price
$1,200,000
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
Original Mortgage
$875,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2010
Sold by
Proffitt Karin J
Bought by
Proffitt Karin J and Karin J Proffitt Revocable Trust Agreeme

Purchase Details

Closed on
Aug 22, 2002
Sold by
Patterson James William and Patterson Pamela L
Bought by
Proffitt Jonathan E and Proffitt Karin J

Purchase Details

Closed on
Dec 23, 1993
Sold by
Loveland Thomas B and Loveland Willette H
Bought by
Patterson James William and Patterson Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1991
Bought by
Proffitt Karin J Tr

Purchase Details

Closed on
Jul 15, 1989
Bought by
Proffitt Karin J Tr
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
Ricks Sail $2,100,000 Attorney
Dougherty Stephen E $1,200,000 Attorney
Proffitt Karin J -- Attorney
Proffitt Jonathan E $338,500 --
Patterson James William $200,000 --
Proffitt Karin J Tr $100 --
Proffitt Karin J Tr $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dougherty Sarah N $875,000
Previous Owner Dougherty Stephen E $875,000
Previous Owner Patterson James William $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $2,100,000 -4.3% $393 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $2,195,000 +82.9% $411 / Sq Ft
03/10/2017 03/10/17 Sold $1,200,000 0.0% $224 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $1,200,000 -- $224 / Sq Ft
Source: Stellar MLS

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 $39,601 $2,624,784 $963,938 $1,660,846
2024 $39,601 $2,581,448 $963,938 $1,617,510
2023 $39,601 $2,354,485 $821,500 $1,532,985
2022 $34,696 $1,813,593 $675,750 $1,137,843
2021 $21,447 $1,086,603 $0 $0
2020 $21,182 $1,071,601 $0 $0
2019 $21,371 $1,047,508 $0 $0
2018 $21,378 $1,027,976 $0 $0
2017 $24,823 $1,146,918 $0 $0
2016 $25,551 $1,114,054 $0 $0
2015 $22,777 $973,638 $0 $0
2014 $21,617 $915,118 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: NS1064405

Stellar MLS

APN: 7450-05-00-0451