NOT LISTED FOR SALE

857 Indian River Dr Melbourne, FL 32935

Melbourne Area

Estimated Value: $1,054,000 - $1,930,585

4 Beds
3.5 Baths
3,530 Sq Ft
$444/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2021

Last sale price $1,800,000 $510 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $10,486 / mo

3 Days on Market

Highlights

  • Community Boat Dock
  • Intracoastal View
  • River Front
  • Boat Lift
  • Heated In Ground Pool
  • 0.41 Acre Lot

About This Home

As of December 2021

With just the right mix of old Florida charm and contemporary luxury, this 4 bedroom, 3.5 bath custom-built pool home near Ballard Park has over 3,500 sq ft of elegant design and high-end finishes. Overlooking 100 ft of direct Indian River frontage, the backyard is host to spectacular sunrises, a private deep-water dock with 10,000 lb boat lift and, the occasional visiting dolphin or manatee. Completely renovated and redesigned in 2013, the improvements included impact rated windows, heated salt-water pool and spa, and lush tropical landscaping. An extensive seawall restoration was just completed summer of 2021. Close to major employers and historic Downtown Melbourne and the Eau Gallie Arts district, this turnkey property is sure to impress!

Last Agent to Sell the Property

Melissa Mullen LLC

One Sotheby's International Listed on: 10/14/2021

Last Buyer's Agent

Stephanie Dandridge

One Sotheby's International License #3273655

One Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,572

Year Built

  • Built in 1951

Lot Details

  • 17,860 Sq Ft Lot
  • Lot Dimensions are 100' x 125'
  • River Front
  • West Facing Home
  • Vinyl Fence
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Attached Garage

Property Views

  • Intracoastal
  • Pool

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Concrete Siding
  • Block Exterior
  • Asphalt
  • Stucco

Interior Spaces

  • 3,530 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Closets
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom
  • Spa Bath

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • In Ground Spa
  • Above Ground Spa

Outdoor Features

  • Boat Lift
  • Outdoor Kitchen

Schools

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

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 27-37-22-Em-00016.0-0004.00

Community Details

Overview

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

Recreation

  • Community Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,572

Year Built

Built in 1951

Lot Details

0.41 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Sprinklers In Front, Sprinklers In Rear
  • Road Surface Type: Asphalt
  • Reso View: Pool, 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
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Central Vacuum, His and Hers Closets, Kitchen Island, Open Floorplan, Primary Downstairs, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bathroom - Tub with Shower, Split Bedrooms
  • Flooring: Tile, Vinyl, Wood
  • Spa Features: Above Ground, Bath, In Ground
  • Appliances: Convection Oven, Dryer, Disposal, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Washer, Water Softener Owned
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Other

Exterior Features

  • Exterior Features: Outdoor Kitchen, Boat Lift
  • Pool Features: Electric Heat, In Ground, Other, Salt Water
  • Roof: Metal
  • Fencing: Vinyl, Fenced
  • Acres: 0.41
  • Pool Private: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Frame, Fiber Cement, Stucco, Wood Siding, Brick
  • Direction Faces: West
  • Patio And Porch Features: Porch, Screened

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Schools

  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 100' x 125'
  • Lot Size Sq Ft: 17860.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-37-22-Em-00016.0-0004.00

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17572.3

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
Oct 14, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Melissa Mullen LLC
One Sotheby's International
Buyer's Agent
Stephanie Dandridge
One Sotheby's International
List Price
$1,800,000
Sold Price
$1,800,000
Current Estimated Value
$1,568,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$231,805
Avg. Annual Appreciation
-2.97%
Original Mortgage
$1,090,000
Interest Rate
0.0311%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2015
Closed on
Sep 2, 2015
Sold by
Bought by
Seller's Agent
DeWayne Carpenter
Dale Sorensen Real Estate Inc.
Buyer's Agent
Kerry Klun
Palm Realty Properties, LLC
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Feb 12, 2001
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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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
$1,800,000 State Title Partners
-- None Listed On Document
$1,050,000 Attorney
$720,000 The Title Station Inc
-- Attorney
$515,642 --
-- --
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 $1,090,000
Previous Owner $665,000
Previous Owner $250,000
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
12/30/2021 12/30/21 Sold $1,800,000 0.0% $510 / Sq Ft
10/17/2021 10/17/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $1,800,000 +71.4% $510 / Sq Ft
09/02/2015 09/02/15 Sold $1,050,000 -4.5% $297 / Sq Ft View Prior Sale
07/23/2015 07/23/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $1,100,000 -- $312 / 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 $23,295 $1,430,840
2024 $23,885 $1,385,730
2023 $23,885 $1,402,860 $481,200 $921,660
2022 $23,284 $1,396,830 $0 $0
2021 $19,334 $1,081,880 $475,800 $606,080
2020 $17,572 $964,260 $397,400 $566,860
2019 $18,690 $987,780 $397,400 $590,380
2018 $18,244 $944,150 $369,900 $574,250
2017 $18,223 $917,260 $369,900 $547,360
2016 $17,906 $852,720 $369,900 $482,820
2015 $15,896 $735,520 $312,870 $422,650
2014 $12,510 $622,740 $303,870 $318,870
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 918217

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 27-37-22-EM-00016.0-0004.00

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