NOT LISTED FOR SALE

702 Indian River Dr Melbourne, FL 32935

Estimated Value: $378,000 - $410,000

4 Beds
2 Baths
2,312 Sq Ft
$172/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $370,000 $160 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,358/month

108 Days on Market

Highlights

  • Community Boat Dock
  • Heated Pool
  • Waterfront
  • Boat Ramp
  • City View
  • Loft

About This Home

As of March 2022

Four bedroom 2 bath split plan. Formal living room and family room, dining room lots of storage a dark room for the photographer! All in this very desirable, high elevation neighborhood of Loveridge heights. Cool shady circular driveway with mature landscaping. This NO HOA community has lots of amenities to offer, including; a boat ramp, tennis courts, basketball court, spacious well groomed park, play area, covered picnic tables and panoramic views of Indian River.

Last Agent to Sell the Property

Alison Mannting

Keller Williams Realty Brevard Listed on: 10/12/2021

Last Buyer's Agent

Damon Pullias

Keller Williams Realty Brevard

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,041

Year Built

  • Built in 1951

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 107.61x12.94.59
  • Waterfront
  • East Facing Home

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Asphalt

Interior Spaces

  • 2,312 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Loft
  • Laminate Flooring
  • City Views

Kitchen

  • Breakfast Bar
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Dual Closets
  • Jack-and-Jill Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Heated Pool
  • Boat Ramp
  • Patio
  • Separate Outdoor Workshop

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-22-Em-00015.0-0012.00

Community Details

Overview

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

Amenities

  • Community Barbecue Grill

Recreation

  • Community Boat Dock
  • Community Boat Slip
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,041

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: In Garage
  • Road Surface Type: Asphalt
  • Reso View: City
  • Reso Association Amenities: Barbecue, Basketball Court, Boat Dock, Boat Slip, Park, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loveridge Heights Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Workshop
  • Location Tax and Legal Parcel Number2: 27-37-22-Em-00015.0-0012.00
  • 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: 1040.84
  • Location Tax and Legal Tax Year2: 2020
  • General Property Information Living Area2: 2312.0
  • General Property Information Building Area Total3: 2430.0
  • General Property Information Lot Size Acres: 0.23
  • General Property Information Lot Size Square Feet2: 10019.0
  • 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
  • Appliances Refrigerators: Yes
  • Flooring Laminate: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Road Surface Type Asphalt: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • Other Structures Workshop: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Pool Features Electric Heat: Yes
  • General Property Information Lot Size Dimensions: 107.61x12.94.59
  • Room Types Loft: Yes
  • Interior Features Jack and Jill Bath: Yes
  • Accessory Dwelling Information Dwelling Type: Garage
  • Exterior Features Boat Ramp - Private: Yes
  • General Property Information:Pool Private YN: No
  • General Property Information:Accessory Dwelling Unit YN: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, His and Hers Closets, Jack and Jill Bath, Primary Downstairs, Split Bedrooms
  • Flooring: Laminate
  • Appliances: Dishwasher, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:His and Hers Closets: Yes

Exterior Features

  • Exterior Features: Boat Ramp - Private
  • Pool Features: Electric Heat, None
  • Roof: Shingle
  • Acres: 0.23
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Patio And Porch Features:Patio: Yes
  • View:City3: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Circular Driveway, Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Laundry Features:In Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Circular Driveway: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: One Time
  • Association Name: LOVERIDGE HEIGHTS SUBD
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: LOVERIDGE HEIGHTS SUBD
  • General Property Information:Association Fee Frequency: One Time
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Barbecue: Yes
  • Association Amenities:Boat Slip: Yes
  • Association Amenities:Park: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 107.61x12.94.59
  • Lot Size Sq Ft: 10019.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-22-Em-00015.0-0012.00

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1040.84

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Mar 1, 2022
Sold by
Prior Joyce G
Bought by
Chase Aaron and Mack Summer
Seller's Agent
Alison Mannting
Keller Williams Realty Brevard
Buyer's Agent
Damon Pullias
Keller Williams Realty Brevard
List Price
$605,000
Sold Price
$370,000
Premium/Discount to List
-$235,000
-38.84%
Current Estimated Value
$398,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,167
Avg. Annual Appreciation
1.88%
Original Mortgage
$351,500
Outstanding Balance
$325,884
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$72,283
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chase Aaron $370,000 The Title Station
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Aaron $351,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $370,000 -20.4% $160 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/14/2022 01/14/22 Price Changed $465,000 -7.0% $201 / Sq Ft
01/07/2022 01/07/22 Price Changed $499,900 -4.8% $216 / Sq Ft
12/10/2021 12/10/21 Price Changed $524,900 -12.5% $227 / Sq Ft
11/21/2021 11/21/21 Price Changed $599,900 -0.8% $259 / Sq Ft
10/12/2021 10/12/21 For Sale $605,000 -- $262 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $3,490 $248,700 -- --
2024 $5,184 $241,700 -- --
2023 $5,184 $290,630 $150,000 $140,630
2022 $1,062 $97,820 $0 $0
2021 $1,058 $94,980 $0 $0
2020 $1,041 $93,670 $0 $0
2019 $1,035 $91,570 $0 $0
2018 $1,025 $89,870 $0 $0
2017 $1,017 $88,030 $0 $0
2016 $1,030 $86,220 $44,000 $42,220
2015 $1,048 $85,630 $40,000 $45,630
2014 $1,031 $84,950 $35,000 $49,950
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 917837

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-22-EM-00015.0-0012.00