NOT LISTED FOR SALE

731 Indian River Dr Melbourne, FL 32935

Melbourne Area

Estimated Value: $1,408,000 - $1,757,265

6 Beds
4 Baths
3,760 Sq Ft
$413/Sq Ft Est. Value

Sale Details

Date Sold: August 24, 2015

Last sale price $825,000 $219 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $9,392 / mo

42 Days on Market

Highlights

  • Community Boat Dock
  • In Ground Pool
  • 1 Acre Lot
  • Boat Lift
  • River View
  • Open Floorplan

About This Home

As of August 2015

1 ACRE POOL HOME DIRECTLY ON THE INDIAN RIVER. HUGE TROPICAL POOL SET IN TRAVERTINE TILES WITH WIDE OPEN PANORAMIC VIEWS OF THE RIVER. AMAZING SETTING WITH BREATHTAKING VIEWS. NICE DOCK & COVERED BOAT LIFT. HUGE DECK OFF MASTER BEDROOM GREAT FOR ENJOYING THE MORNING SUNRISE. BEAUTIFUL PROPERTY WITH MATURE TREES & DETACHED WORKSHOP/SHED. HIGHLY UPGRADED KITCHEN W/CHERRY CABINETS & GRANITE COUNTERS. ACCORDION SHUTTERS. METAL ROOF. TILE FLOORS THROUGHOUT. RARE FIND WITH AN ACRE OF LAND ON THE RIVER. DON'T MISS IT.

Last Agent to Sell the Property

Andy Waterman

Waterman Real Estate, Inc. License #653481 Listed on: 05/21/2015

Waterman Real Estate, Inc.

Last Buyer's Agent

Vera Koon

Waterman Real Estate, Inc. License #684873

Waterman Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,294

Year Built

  • Built in 1949

Lot Details

  • 1 Acre Lot
  • River Front
  • West Facing Home
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Property Views

  • River
  • Pool

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 3,760 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Screened Porch
  • Tile Flooring
  • Washer and Gas Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Boat Lift
  • Patio
  • Shed

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 27-37-22-Em-00016.0-0011.00

Community Details

Overview

  • No Home Owners Association
  • Loveridge Heights Subd Subdivision

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,294

Year Built

Built in 1949

Lot Details

1 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Reso View: Pool, River, Water
  • Water Body Name: Indian River
  • ResoSecurityFeatures: Security System Owned
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: Loveridge Heights Subd
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Reso Other Structures: Shed(s)
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Pantry, Primary Downstairs, Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile
  • Spa Features: Bath
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Exterior Features: Boat Lift, Storm Shutters
  • Pool Features: In Ground, Salt Water
  • Roof: Metal
  • Acres: 1.0
  • Pool Private: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Fiber Cement, Brick
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100.0 ft x 125.0 ft
  • Lot Size Sq Ft: 42253.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-22-Em-00016.0-0011.00

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 13294.1

MLS Schools

  • Elementary School: Harbor City
  • High School: Melbourne

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Aug 21, 2015
Sold by
Bought by
Seller's Agent
Andy Waterman
Waterman Real Estate, Inc.
Buyer's Agent
Vera Koon
Waterman Real Estate, Inc.
List Price
$899,000
Sold Price
$825,000
Premium/Discount to List
-$74,000
-8.23%
Current Estimated Value
$1,553,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$728,066
Avg. Annual Appreciation
5.96%
Original Mortgage
$400,000
Interest Rate
0.0409%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2013
Closed on
Nov 15, 2013
Sold by
Bought by
Seller's Agent
Kirk Kessel
Dale Sorensen Real Estate Inc.
Buyer's Agent
Andy Waterman
Waterman Real Estate, Inc.
List Price
$923,000
Sold Price
$765,000
Premium/Discount to List
-$158,000
-17.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%
Original Mortgage
$395,000
Interest Rate
0.0362%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 1998
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$825,000 Prestige Title Brevard Llc
$765,000 Attorney
$465,000 --
$300,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Previous Owner $395,000
Previous Owner $245,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2015 08/24/15 Sold $825,000 -8.2% $219 / Sq Ft
07/03/2015 07/03/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $899,000 +17.5% $239 / Sq Ft
11/15/2013 11/15/13 Sold $765,000 -17.1% $203 / Sq Ft View Prior Sale
10/08/2013 10/08/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $923,000 -- $245 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $13,792 $876,590
2024 $13,538 $834,400
2023 $13,538 $810,100 $0 $0
2022 $12,843 $786,510 $0 $0
2021 $12,933 $754,170 $0 $0
2020 $12,820 $743,760 $0 $0
2019 $13,186 $737,200 $0 $0
2018 $13,200 $723,460 $0 $0
2017 $12,893 $689,180 $0 $0
2016 $13,325 $675,010 $530,070 $144,940
2015 $13,856 $682,090 $487,200 $194,890
2014 $13,661 $676,680 $487,200 $189,480
Source: Public Records

Agents Affiliated with this Home

  • Andy Waterman

    Seller's Agent in 2015

    Andy Waterman

    Waterman Real Estate, Inc.

    (321) 544-5555

    431 Total Sales

    Andy Waterman
    Section Image
  • Vera Koon

    Buyer's Agent in 2015

    Vera Koon

    Waterman Real Estate, Inc.

    (321) 302-9588

    293 Total Sales

    Vera Koon
    Section Image

  • K

    Seller's Agent in 2013

    Kirk Kessel

    Dale Sorensen Real Estate Inc.

  • D

    Seller Co-Listing Agent in 2013

    Dewayne Carpenter

    Century 21 Spectrum

See All Agents

Map

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

MLS Number: 725794

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-22-EM-00016.0-0011.00

Florida Brevard County Melbourne 32935

731 Indian River Dr, Melbourne, 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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