NOT LISTED FOR SALE

Estimated Value: $217,000

0.23 Acre
$943,478 Price per Acre
10,019 Sq Ft Lot

Last Sold February 22, 2016

Last sale price $6,500

Est. 3,238% increase in value since last sale

Current estimated payment $1,188/month

829 Days on Market

About This Lot

As of February 2016

This is the greatest opportunity of a lifetime! Imagine picking up vacant land at this price!! This is zoned to build a multifamily. Property is located among other multifamily homes. Build to suite, zoned RM-8

Last Agent to Sell the Property

Virginia Heeter

Coldwell Banker Paradise License #3218081 Listed on: 10/15/2013

Coldwell Banker Paradise

Last Buyer's Agent

Albert Alvarez

RE/MAX Select Group License #0596916

RE/MAX Select Group

Property Details

Property Type

  • Land

Lot Details

  • 10,019 Sq Ft Lot
  • Few Trees

Utilities

  • Not Connected to Water Source
  • Cable TV Available

Community Details

  • Sebastian Highlands Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 609
  • Assessor Parcel Number 31391900001609000011.0

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.23
  • Road Surface Type: Paved
  • Subdivision Name: SEBASTIAN HIGHLANDS
  • Directions: Schumann to Admiral to Flint. Sign on property
  • Attribution Contact: 772-589-7777
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Few Trees, < 1/4 Acre
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Cable Available
  • Water Source: Not Connected, Well Needed

Condo/Co-op/Association

  • Community Features: Storm Drain(s)

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 10019.0
  • Number Of Lots: 1
  • Parcel #: 31391900001609000011.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 215.0
  • Tax Block: 609
  • Tax Lot: 11
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2013
Closed on
Feb 22, 2016
Sold by
Marotto John F and Marotto Debra A
Bought by
Therien Richard
Seller's Agent
Virginia Heeter
Coldwell Banker Paradise
Buyer's Agent
Albert Alvarez
RE/MAX Select Group
List Price
$11,000
Sold Price
$6,500
Premium/Discount to List
-$4,500
-40.91%
Total Days on Market
829
Current Estimated Value
$217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,500
Avg. Annual Appreciation
45.28%

Purchase Details

Listed on
Sep 30, 2011
Closed on
Mar 27, 2012
Sold by
Freijo Oscar and Freijo Vicky
Bought by
Marotto John F and Marotto Debra A
Seller's Agent
Vicky Lee Santana
Santana Real Estate LLC
Buyer's Agent
Vicky Lee Santana
Santana Real Estate LLC
List Price
$6,500
Sold Price
$4,700
Premium/Discount to List
-$1,800
-27.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Mar 6, 2006
Sold by
Rennick Ronald J and Rennick Ronald H
Bought by
Freijo Oscar and Freijo Vicky
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
Therien Richard $6,500 Professional Title Of Indian
Marotto John F $4,700 Alliance Title Of The Treasu
Freijo Oscar $50,000 Island Title Agency
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $6,500 -40.9% --
01/23/2016 01/23/16 Pending -- -- --
10/15/2013 10/15/13 For Sale $11,000 +134.0% --
03/28/2012 03/28/12 Sold $4,700 -27.7% --
03/24/2012 03/24/12 Pending -- -- --
09/28/2011 09/28/11 For Sale $6,500 -- --
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 $436 $34,000 $34,000 --
2023 $436 $11,294 $0 $0
2022 $334 $25,500 $25,500 $0
2021 $269 $14,875 $14,875 $0
2020 $300 $20,400 $20,400 $0
2019 $273 $17,000 $17,000 $0
2018 $223 $9,775 $9,775 $0
2017 $156 $6,375 $0 $0
2016 $156 $6,380 $0 $0
2015 $148 $5,530 $0 $0
2014 $140 $5,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 140774

APN: 31-39-19-00001-6090-00011.0