When was property at 1050 Riverdale Drive built and last sold?

The property at 1050 Riverdale Drive was built in 1953 and last sold on Nov 2, 2022 for $270,000.

How much is this home worth?

The estimated value of the home located at 1050 Riverdale Drive is $0.

What are some comparable homes to 1050 Riverdale Drive?

There are currently no comparable homes to 1050 Riverdale Drive.

Melbourne

32935

1050 Riverdale Drive

Sold on Nov 7, 2022

Map

$270,000

● House - Off Market

1050 Riverdale Drive

Melbourne, FL 32935

3 Beds

2 Baths

1,204 Ft²

$284,931

RealtyHop Estimate

5.53%

Since Dec 1, 2022

National-US

Primary Model

About This Property

INVESTOR ALERT! The most amazing opportunity to purchase 4 perfectly maintained homes (MLS#s: 946421, 946417, 946414, 946412) Just off of the highly desirable Pineapple Avenue and the ever expanding Eau Gallie Arts District! This 3 bedroom / 2 bath has a view of the river from your front yard! Totally updated and constantly rented, this investment property is about a 9% CAP and will go immediately! Seller would like to sell all four properties as a package, but certainly they can be purchased individually. With fully fenced back yard.... Don't wait! Come and see for yourself!

Unit Size

1,204 Ft²

Days on Market

49 days

Land Size

0.12 acres

Price per sqft

$224

Property Type

House

Property Taxes

$150

HOA Dues

Year Built

1953

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (Space Coast MLS #946421)

Price History

Date / Event	Date	Event
Nov 14, 2022	Sold	Premium
Sold
Sep 7, 2022	Listed by One Sotheby's International	$270,000
Listed by One Sotheby's International
Jan 20, 2021	No longer available	-
No longer available
Nov 21, 2020	Listed	$250,000
Listed

	Quality rental $1550 per month. Quintessential beach bungalow 1204 square feet featuring 3 bedrooms/2 bath, partially fenced yard, tile floors. Storage shed in backyard. Long term rentals or switch to Air BNB for seasonal rentals. Located between Pineapple Ave and US 1. So close that you can feel the breeze coming off the Indian River, walk to Bonefish Willys for dinner or take a short drive across the causeway to the gorgeous beaches on the Atlantic Ocean. Close to downtown, Eau Gallie Art District, Fine Dining, and loads of recreational opportunities. The manager has listed the unit size as 1204 square feet.
Sep 20, 2006	Sold	Premium
Sold
Sep 17, 2004	Sold	Premium
Sold

Property Highlights

With View

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 1990
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 0
Building Quality: 10
Construction Type: 12
Building Style: 0
Exterior Walls Type: 15
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 15
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 17
Porch Type: 126
Pool Type: 0
Location Influence Type: 179

Dimensions

Lot Size Square Feet: 5,227

Lot Size Depth Feet: 730
Lot Size Frontage Feet: 700
Total Building Area: 1,252
Gross Building Area: 1,252
Building Area: 1,204
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,204
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VADCLAR SUBD
Land Acres: 0000000120
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: VADCLAR SUBD W 70 FT OF LOT 21

Neighborhood

School District Name: Brevard County School District

Census Tract: 064202

Zoning

Zoning: R1A

Geography

Assessors Map Reference: 276

Account Number: 2712446
Parcel: 27-37-09-50-00000.0-0021.00
Lot: 21
Meridian: SEC 09 TWN 27S RNG 37E
Municipality: MELBOURNE
Latitude: 28.1487
Longitude: -80.6365

Address

Full Address: 1050 Riverdale Dr

Address - House Number: 1050
Address - Street Name: Riverdale
Address - Suffix Type: Dr
State: FL
City Name: Melbourne
Carrier Code: C035
4-Digit Zip Code: 6215
Zip Code: 32935

Valuation

Tax

Total Area: 1,216

Tax Year: 2022
Tax Amount: $181,066
Tax Rate Code Area: 43K0

Appraisal Valuation

Standard Deviation: 0.4368

Valuation Date: Jan 03, 2024
Confidence Score: 12
Final Value: 120,205
High Value: 172,713
Low Value: 67,696

Market Valuation

Market Total Value: $106,550

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $106,550

Sales

Current Sale Contract Date: Nov 02, 2022

Current Sale Recording Date: Nov 14, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 267083
Previous Sale Recording Date: Sep 20, 2006
Previous Sale Contract Date: Sep 08, 2006
Previous Sale Amount: $88,400
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Melbourne

Stats & Trends

Median Asking:

$311,373

Sale Price/ft²

$213

Below Asking

0.02%

Average Days on Market

Average Home Size

1646 ft²

Average Home Age

38.3 years

Currently For Sale

537 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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$2,400 /mo

Studio
1 Bath
520 ft²

1981 Guava Avenue #104, FL, 32935 Listing by Nathan Doyle

Unit for rent at 1672 Pineapple Avenue, Melbourne, FL, 32935

$2,500 /mo

1 Bed
1 Bath
500 ft²

1672 Pineapple Avenue #1672, Melbourne, FL, 32935 Listing by Susan Etters

Unit for rent at 1800 Noel Place, Melbourne, FL, 32935

$2,500 /mo

3 Beds
2 Baths
1,573 ft²

1800 Noel Place #103, Melbourne, FL, 32935 Listing by Ruth Heiniger

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Stephanie Moss Dandridge, One Sotheby's International
Last Updated: 2 months ago
Data Source: Space Coast MLS, MLS# 946421

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