$1,101,000
SOLD JUL 22, 2024

850 Indian River Dr Sebastian, FL 32958

2 Beds
2 Baths
1,920 Sq Ft
0.3 Acres

Recently Sold

$573 Per Sq Ft

5% Above List Price

149 Days on Market

Highlights

  • Intracoastal View
  • River Front
  • Furnished
  • Sebastian Elementary School Rated 9+
  • Vaulted Ceiling
  • 3-minute walk to Riverview Park

About This Home

As of July 2024

Riverfront masterpiece. Coastal opulence. Perched on serene shores of the Indian River Lagoon, this stunning abode features refined 2-bd + versatile room. Anchored by 16 solid pilings, boasts 82 ft of exclusive river frontage, ensuring majestic views from expansive porch & balcony. Home’s interior celebrates pinnacle of contemporary refinement, state-of-the-art kitchen Wolf gas cooktop, elegant marble counters, sophisticated stainless steel fixtures, satisfying even most selective culinary aficionados. Beyond storm-resistant construction. Elite fishing & waterside eateries. rmszapp&sub2err

Last Agent to Sell the Property

Andonia Kleopoulos Parlapanides

Dale Sorensen Real Estate Inc. Brokerage Phone: 561-997-4644 License #3068057 Listed on: 02/23/2024

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

John Damiani

MDZ Realty, LLC License #3516984

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,635

Year Built

  • Built in 2008

Lot Details

  • Lot Dimensions are 82x100
  • River Front
  • West Facing Home

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 1,920 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furnished
  • Crown Molding
  • Vaulted Ceiling
  • Blinds
  • Tile Flooring
  • Intracoastal Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Additional Features

  • Covered patio or porch
  • Central Heating and Cooling System

Community Details

  • Edgewater Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 31390600000006000006.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,635

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 82x100
  • Ownership: Single Family/Other
  • Subdivision Name: Edgewater
  • Directions: Sebastian Blvd to Indian River Drive -make a left on Indian River Boulevard- House is on Riverfront side
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2008
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 561-997-4644
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Wet Bar, Crown Molding, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1920.0
  • Stories: 3
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Intercoastal
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Upper Level
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: NA
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31390600000006000006.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8635.0
  • Tax Lot: 6
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Jul 22, 2024
Sold by
Bradford Charles R
Bought by
Davis Brian K
Seller's Agent
Andonia Kleopoulos Parlapanides
Dale Sorensen Real Estate Inc.
Buyer's Agent
John Damiani
MDZ Realty, LLC
List Price
$1,050,000
Sold Price
$1,101,000
Premium/Discount to List
$51,000
4.86%
Total Days on Market
149
Views
188
Current Estimated Value
$955,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,428
Avg. Annual Appreciation
-15.03%
Original Mortgage
$825,750
Outstanding Balance
$820,169
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$135,403

Purchase Details

Closed on
Sep 22, 2022
Sold by
Bradford Charles R
Bought by
Florida Land Developers Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2007
Sold by
Pelican Cove Of Sebastian Inc
Bought by
Bradford Charles R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 20, 2004
Sold by
Graham Joseph
Bought by
Pelican Cove Of Sebastian Inc
Source: Public Records

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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 $1,101,000 None Listed On Document
Warranty Deed $614,500 None Listed On Document
Warranty Deed $600,000 --
Quit Claim Deed -- Guaranty Trust & Title Inc
Warranty Deed $250,000 Professional Title Of Indian
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $825,750 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $354,000 Credit Line Revolving
Previous Owner $417,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $1,101,000 +4.9% $573 / Sq Ft
07/02/2024 07/02/24 For Sale $1,050,000 0.0% $547 / Sq Ft
06/30/2024 06/30/24 Rented $5,000 0.0% --
06/26/2024 06/26/24 Off Market $1,101,000 -- --
04/14/2024 04/14/24 For Sale $1,050,000 -4.6% $547 / Sq Ft
04/14/2024 04/14/24 Off Market $1,101,000 -- --
03/28/2024 03/28/24 Price Changed $1,050,000 -8.7% $547 / Sq Ft
02/23/2024 02/23/24 For Sale $1,150,000 0.0% $599 / Sq Ft
01/26/2024 01/26/24 For Rent $5,000 0.0% --
12/04/2023 12/04/23 Off Market $5,000 -- --
11/27/2023 11/27/23 For Rent $5,000 0.0% --
11/20/2021 11/20/21 Rented -- -- --
10/07/2021 10/07/21 For Rent -- -- --
09/21/2021 09/21/21 Off Market $5,000 -- --
12/30/2020 12/30/20 For Rent $5,000 -- --
Source: REALTORS® Association of Indian River County

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
2024 $8,635 $518,073 $139,589 $378,484
2023 $8,635 $520,363 $139,589 $380,774
2022 $4,225 $290,142 $0 $0
2021 $4,227 $281,691 $139,589 $142,102
2020 $4,333 $283,216 $139,589 $143,627
2019 $4,295 $277,633 $134,006 $143,627
2018 $4,385 $276,153 $0 $0
2017 $4,339 $270,473 $0 $0
2016 $4,367 $264,910 $0 $0
2015 $4,507 $263,070 $0 $0
2014 $4,401 $260,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 275733

APN: 31-39-06-00000-0060-00006.0