$2,600,000
SOLD MAR 16, 2022

671 Indian River Dr Melbourne, FL 32935

4 Beds
5 Baths
5,052 Sq Ft
0.56 Acres

Recently Sold

$515 Per Sq Ft

4% Above List Price

4 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Heated In Ground Pool
  • Melbourne Senior High School Rated A-
  • Intracoastal View
  • River Front

About This Home

As of March 2022

Beautifully updated, custom built waterfront home on over half an acre in the Ballard Park neighborhood! The panoramic view of the river is evident from the moment you walk in and gets even better as you explore the estate. The professional Kitchen combines nicely with the main living area, scenic breakfast nook and private guest suite. The South wing is just past your executive office and features an expansive, three section master suite! Upstairs, you will find two additional bedrooms, two full baths, a huge game room, wet bar and the best view our area has to offer! The rear patio features a summer kitchen, custom infinity pool, and grand staircases that lead to a fire-pit, observation area and new dock with covered boat lift. The entire house/property/dock has been recently upgraded!

Last Agent to Sell the Property

James Gast

Blue Marlin Real Estate License #3424043 Listed on: 02/16/2022

Blue Marlin Real Estate

Last Buyer's Agent

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,526

Year Built

  • Built in 2008

Lot Details

  • 0.56 Acre Lot
  • River Front
  • West Facing Home
  • Vinyl Fence

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,052 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Dining Room
  • Home Office
  • Library
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Heated In Ground Pool
  • Boat Lift
  • Balcony
  • Deck
  • Outdoor Kitchen
  • Porch

Schools

  • Harbor City Elementary School
  • Hoover Middle School
  • Melbourne High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 27-37-22-Em-00016.0-0015.00

Community Details

Overview

  • No Home Owners Association
  • Loveridge Heights Subd Association
  • Loveridge Heights Subd Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,526

Year Built

Built in 2008

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Pool, River, Water, Intracoastal
  • Water Body Name: Indian River
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loveridge Heights Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 27-37-22-Em-00016.0-0015.00
  • Location Tax and Legal Elementary School: Harbor City
  • Location Tax and Legal Middle School2: Hoover
  • Location Tax and Legal High School: Melbourne
  • Location Tax and Legal Tax Annual Amount: 18526.1
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 5052.0
  • General Property Information Building Area Total3: 5790.0
  • General Property Information Lot Size Acres: 0.56
  • General Property Information Lot Size Square Feet2: 24394.0
  • 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: West
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Fencing Fenced2: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Pets Allowed Yes: Yes
  • Pool Features In Ground: Yes
  • Pool Features Private: Yes
  • Sewer:Public Sewer: Yes
  • View Pool: Yes
  • Flooring Carpet: Yes
  • Levels Two: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Roof:Tile2: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Room Types Dining Room: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Room Types Library: Yes
  • Room Types Office: Yes
  • Pool Features Electric Heat: Yes
  • Exterior Features Boat Lift: Yes
  • View Intracoastal: Yes
  • Fencing Vinyl2: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook, Ceiling Fan(s), His and Hers Closets, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Carpet, Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Double Oven, Gas Range, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • ResoLivingAreaSource: Other
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Double Oven: Yes
  • Interior Features:His and Hers Closets: Yes
  • Spa Features:Bath: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Exterior Features: Balcony, Outdoor Kitchen, Boat Lift
  • Pool Features: Electric Heat, In Ground, Private
  • Roof: Tile
  • Fencing: Fenced, Vinyl
  • Acres: 0.56
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Deck: Yes
  • Patio and Porch Features:Porch: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features Outdoor Kitchen2: Yes
  • View:River: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage Door Opener
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: LOVERIDGE HEIGHTS SUBD
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: LOVERIDGE HEIGHTS SUBD
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Size Sq Ft: 24394.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2725411
  • Parcel #: 27-37-22-Em-00016.0-0015.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 18526.1

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 16, 2022
Sold by
Arambula and Colleen
Bought by
Smith William John and Smith Constance Fletcher
Seller's Agent
James Gast
Blue Marlin Real Estate
Buyer's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
List Price
$2,500,000
Sold Price
$2,600,000
Premium/Discount to List
$100,000
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.40%

Purchase Details

Listed on
Jun 2, 2020
Closed on
Dec 11, 2020
Sold by
Parker Theodore B and Parker Theodore B
Bought by
Arambula David and Arambula Colleen
Seller's Agent
David Curri
Kirschner Real Estate G
Buyer's Agent
James Gast
Blue Marlin Real Estate CB
List Price
$1,795,000
Sold Price
$1,695,000
Premium/Discount to List
-$100,000
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.81%
Original Mortgage
$1,440,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2009
Sold by
Parker Theodore B
Bought by
Parker Theodore B and Theodore B Parker Trust

Purchase Details

Closed on
Jun 26, 2006
Sold by
Otto Fred and Dubois Pauline R
Bought by
Parker Theodore B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
7.25%
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $2,600,000 Dockside Title
Warranty Deed $1,695,000 Prestige Ttl Of Brevard Llc
Warranty Deed -- Attorney
Warranty Deed $710,000 Title Security & Escrow Of C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,469,600 New Conventional
Previous Owner $1,440,750 New Conventional
Previous Owner $1,572,500 Construction
Previous Owner $568,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/26/2025 06/26/25 For Sale $3,000,000 +15.4% $594 / Sq Ft
03/16/2022 03/16/22 Sold $2,600,000 +4.0% $515 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $2,500,000 +47.5% $495 / Sq Ft
12/15/2020 12/15/20 Sold $1,695,000 0.0% $339 / Sq Ft
10/09/2020 10/09/20 Pending -- -- --
08/29/2020 08/29/20 Price Changed $1,695,000 -5.6% $339 / Sq Ft
06/02/2020 06/02/20 For Sale $1,795,000 -- $359 / 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
2023 $27,960 $1,636,300 $0 $0
2022 $27,508 $1,643,770 $0 $0
2021 $23,932 $1,322,780 $411,000 $911,780
2020 $18,526 $1,016,900 $345,200 $671,700
2019 $19,769 $1,045,110 $345,200 $699,910
2018 $19,421 $1,005,360 $311,090 $694,270
2017 $19,595 $986,740 $311,090 $675,650
2016 $19,179 $913,680 $311,090 $602,590
2015 $19,092 $884,360 $293,610 $590,750
2014 $18,290 $852,120 $311,610 $540,510
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 927180

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-22-EM-00016.0-0015.00