When was property at 501 Riverside Drive built and last sold?

The property at 501 Riverside Drive was built in 1962 and last sold on Mar 15, 2021 for $930,000.

How much is this home worth?

The estimated value of the home located at 501 Riverside Drive is $0.

What are some comparable homes to 501 Riverside Drive?

There are currently no comparable homes to 501 Riverside Drive.

Melbourne Beach

32951

The River Colony West

501 Riverside Drive

Sold on Mar 12, 2021

Map

$930,000

● House - Off Market

501 Riverside Drive

Melbourne Beach, FL 32951

4 Beds

4 Baths

3,000 Ft²

$1,175,085

RealtyHop Estimate

24.35%

Since Apr 1, 2021

National-US

Primary Model

About This Property

72 HOUR KICKOUT CLAUSE - PLEASE CONTINUE TO SHOW. Just AMAZING...We really can't say much more than that! Effectively a NEW Home completed just last month in Melbourne Beach off Riverside Drive...the most desired area of Mel Beach. The Builder has done a beautiful job with every detail throughout. Features include expansive 14' kitchen island, chef's grade appliances, luxury tile throughout the entire home, 4 large bedrooms and 4 bathrooms. The Pool area is just gorgeous. The landscaping and pavers are simply stunning with RV or Boat parking....impact windows and doors, metal roof, custom lighting...the list goes on. You just need to see this home to make your decision, this is the one you have been waiting for.

Unit Size

3,000 Ft²

Days on Market

35 days

Land Size

0.50 acres

Price per sqft

$315

Property Type

House

Property Taxes

$639

HOA Dues

Year Built

1962

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Space Coast MLS #896406)

Price History

Date / Event	Date	Event
Mar 17, 2021	Sold	Premium
Sold
Feb 5, 2021	Listed by RE/MAX Aerospace Realty	$945,000
Listed by RE/MAX Aerospace Realty
Jul 6, 2017	Sold	Premium
Sold
Jun 28, 2017	Listed by RE/MAX Aerospace Realty	$439,000
Listed by RE/MAX Aerospace Realty

Property Highlights

Garage

Parking Available

Air Conditioning

Building Info

Overview

General

Year Built: 1962

Effective Year Built: 2000
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 12
Building Condition: 0
Building Quality: 7
Construction Type: 12
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 7
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 528
Parking Space Count: 2
Patio Type: 69
Porch Type: 63
Pool Type: 8
Location Influence Type: 198

Dimensions

Lot Size Square Feet: 21,780

Lot Size Depth Feet: 1,640
Lot Size Frontage Feet: 1,320
Total Building Area: 3,718
Gross Building Area: 3,718
Building Area: 2,820
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 2,820
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: RIVER COLONY WEST SECTION, THE
Land Acres: 0000000500
Standard Land Use Code: 1001
County Land Use Code: 0110
State Land Use Code: 001
Legal Description 1: RIVER COLONY WEST SECTION, THE LOT 11 BLK A

Neighborhood

School District Name: Brevard County School District

Census Tract: 066101

Zoning

Zoning: 1RS

Geography

Assessors Map Reference: 327

Account Number: 2847283
Parcel: 28-38-06-79-0000A.0-0011.00
Block: A
Lot: 11
Meridian: SEC 06 TWN 28S RNG 38E
Municipality: MELBOURNE BEACH
Latitude: 28.0744
Longitude: -80.5678

Address

Full Address: 501 Riverside Dr

Address - House Number: 501
Address - Street Name: Riverside
Address - Suffix Type: Dr
State: FL
City Name: Melbourne Beach
Carrier Code: C001
4-Digit Zip Code: 2145
Zip Code: 32951

Valuation

Tax

Total Area: 3,352

Tax Year: 2022
Tax Amount: $1,038,319
Initial Tax Delinquent Year: 2019
Tax Rate Code Area: 34X0

Appraisal Valuation

Standard Deviation: 0.1969

Valuation Date: Jan 03, 2024
Confidence Score: 73
Final Value: 1,066,739
High Value: 1,276,789
Low Value: 856,689

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Loan Amount:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Position:

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First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $702,450

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $702,450

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 15, 2021

Current Sale Recording Date: Mar 17, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021067904
Previous Sale Recording Date: Jul 06, 2017
Previous Sale Contract Date: Jun 23, 2017
Previous Sale Amount: $109,800
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

Premium
First Mortgage Terms:

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First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

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

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Comparables

About The River Colony West

Stats & Trends

Median Asking:

$2,395,000

Sale Price/ft²

$713

Above Asking

0.04%

Average Days on Market

Average Home Size

2272 ft²

Average Home Age

62 years

Currently For Sale

1 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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$2,450 /mo

2 Beds
2 Baths
1,165 ft²

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Unit for rent at 210 6th Avenue, Indialantic, FL, 32903

$2,350 /mo

1 Bed
1 Bath
750 ft²

210 6th Avenue #6, Indialantic, FL, 32903 Listing by Lisa Campbell

Unit for rent at 2975 S Highway A1a, Melbourne Beach, FL, 32951

$2,600 /mo

2 Beds
2 Baths
1,282 ft²

2975 S Highway A1a #111, Melbourne Beach, FL, 32951 Listing by Ellie M Chan

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Karen Kuta, RE/MAX Aerospace Realty
Last Updated: 3 months ago
Data Source: Space Coast MLS, MLS# 896406

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.