NOT LISTED FOR SALE

1060 Reef Rd Unit 203 Vero Beach, FL 32963

Estimated Value: $1,128,405

3 Beds
3 Baths
2,179 Sq Ft
1982 Built

Last Sold October 02, 2017

Last sale price $725,000 $333 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $6,749/month

Highlights

  • Ocean Front
  • Gas Heated Pool
  • Elevator
  • Beachland Elementary School Rated A-
  • Covered Patio or Porch
  • Hurricane or Storm Shutters

About This Home

As of October 2017

Beautiful ocean views and breezes greet you upon opening your front door! Enjoy carefree living in this spacious (2,179 SF) 3 BDRM, 3 BA floor plan, with oceanfront covered porch, impact glass, electric storm shutters, extra storage +1 car garage. The Galleons is an intimate, 21-unit community with heated pool, hot tub and private beach access. Indoor cat is allowed.

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 10/02/2017

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,496

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,179 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Gas Heated Pool
  • Property has ocean access
  • Beach Access
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 203
  • Assessor Parcel Number 33402700020000000203.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, parking, sewer, security, trash, water
  • Galleons Condo Subdivision

Amenities

  • Trash Chute
  • Elevator

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,496

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Galleons Condo
  • Directions: Hwy. A1A south from 17th Street Bridge to The Moorings. East on Galleons Drive to the Galleons and 1060 building.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1982
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Crown Molding, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2179.0
  • Stories: 3
  • Window Features: Blinds, Impact Glass, Single Hung, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Gas Heat, Heated, Pool, Community
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Porch, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Security: Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Trash Chute, Pool
  • Association Fee: 1083.0
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Other, Parking, Sewer, Security, Trash, Water

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 33402700020000000203.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7496.0
  • Tax Lot: 203
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Oct 5, 2017
Sold by
Ojemann John and Ojemann Laura
Bought by
Digiovanni Joseph and Digiovanni Margaret
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$749,000
Sold Price
$725,000
Premium/Discount to List
-$24,000
-3.2%
Current Estimated Value
$1,128,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$403,405
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Dec 15, 2014
Sold by
Ojemann Annola J
Bought by
Ojemann John and Ojemann Laura

Purchase Details

Closed on
Nov 6, 2012
Sold by
Ojemann A Jean and Ojemann Annola J
Bought by
Ojemann Annola J

Purchase Details

Closed on
Apr 30, 1998
Sold by
Bradley Robert J
Bought by
Ojemann Robert G and Jean Ojemann A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
7.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Date Buyer Sale Price Title Company
Digiovanni Joseph $725,000 Attorney
Ojemann John $300,000 Attorney
Ojemann Annola J -- None Available
Ojemann Annola J -- None Available
Ojemann Annola J -- None Available
Ojemann Robert G $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ojemann Robert G $352,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2017 10/02/17 Sold $725,000 -3.2% $333 / Sq Ft
10/02/2017 10/02/17 For Sale $749,000 -- $344 / Sq Ft
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
2025 $9,833 $729,454 -- --
2024 $9,155 $729,454 -- --
2023 $9,155 $688,249 $0 $0
2022 $8,941 $668,203 $0 $0
2021 $8,971 $648,741 $0 $648,741
2020 $9,101 $648,741 $0 $648,741
2019 $9,374 $648,741 $0 $648,741
2018 $9,503 $648,741 $0 $648,741
2017 $7,575 $515,615 $0 $0
2016 $7,496 $505,010 $0 $0
2015 $7,766 $501,500 $0 $0
2014 $7,534 $456,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 195029

APN: 33-40-27-00020-0000-00203.0