NOT LISTED FOR SALE

107 Arega St Sebastian, FL 32958

Estimated Value: $531,000 - $657,000

0.51 Acre
$1,192,600 Price per Acre
22,216 Sq Ft Lot

Last Sold June 19, 2020

Last sale price $82,000

Est. 642% increase in value since last sale

Current estimated payment $3,765/month

91 Days on Market

About This Lot

As of June 2020

Enjoy the best of Sebastian! Gorgeous 1/2 acre vacant lot adjacent to a +/- 5 acre lake just a short 15-minute drive to the beach. On a quiet cul-de-sac of only ten homesites. Lot is cleared, building pad filled, city water and utilities are ready at the street. Located in highly sought after community of larger homesites with plenty of room for a pool and your RV/boat.

Last Agent to Sell the Property

Rocky Lee

Palm & Pine R.E. Advisors LLC License #3378114 Listed on: 02/20/2020

Last Buyer's Agent

Rocky Lee

Palm & Pine R.E. Advisors LLC License #3378114 Listed on: 02/20/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,242

Lot Details

  • 0.51 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Street terminates at a dead end
  • Cleared Lot

HOA Fees

  • $11 Monthly HOA Fees

Utilities

  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31391800006000400004.0

Property Details

Property Type

Land

Est. Annual Taxes

$1,242

Lot Details

0

HOA Fees

$11 per month

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • ResoLotFeatures: Cleared, Dead End Street
  • Road Surface Type: Paved
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Location Tax and Legal Parcel Number2: 31391800006000400004.0
  • Location Tax and Legal Tax Annual Amount: 1242.22
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.51
  • General Property Information Lot Size Square Feet2: 22216.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Lot Features Dead End Street: Yes
  • Utilities Cable Available: Yes
  • Utilities Water Available: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.51
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Utilities: Cable Available, Water Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 10.83
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 10.83
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 22216.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 31391800006000400004.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1242.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Jun 17, 2020
Sold by
Altvater Henry L and Altvater Edith E
Bought by
Bishop Benjamin William and Bishop Kristen Lyn
Seller's Agent
Rocky Lee
Palm & Pine R.E. Advisors LLC
Buyer's Agent
Rocky Lee
Palm & Pine R.E. Advisors LLC
List Price
$95,900
Sold Price
$82,000
Premium/Discount to List
-$13,900
-14.49%
Current Estimated Value
$608,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,226
Avg. Annual Appreciation
42.84%

Purchase Details

Closed on
Jun 1, 2006
Sold by
Crespo Robert and Crespo Mercedes
Bought by
Altvater Henry L and Altvater Edith E

Purchase Details

Closed on
May 14, 1999
Sold by
Adams & Assoc Dev Inc
Bought by
Crespo Robert and Crespo Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,600
Interest Rate
6.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Bishop Benjamin William $82,000 Professional Ttl Of Treasure
Altvater Henry L $190,000 Professional Title
Crespo Robert $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crespo Robert $37,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2020 06/19/20 Sold $82,000 -7.9% --
05/22/2020 05/22/20 Pending -- -- --
05/14/2020 05/14/20 Price Changed $89,000 -7.2% --
02/20/2020 02/20/20 For Sale $95,900 -- --
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $7,143 $440,571 -- --
2024 $6,296 $440,571 -- --
2023 $6,296 $415,685 $0 $0
2022 $1,453 $97,466 $97,466 $0
2021 $1,217 $69,038 $69,038 $0
2020 $1,282 $86,901 $86,901 $0
2019 $1,242 $86,901 $86,901 $0
2018 $1,096 $68,280 $68,280 $0
2017 $1,035 $68,280 $0 $0
2016 $830 $42,210 $0 $0
2015 $856 $42,210 $0 $0
2014 $771 $37,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rocky Lee

    Seller's Agent in 2020

    Rocky Lee

    Palm & Pine R.E. Advisors LLC

    (321) 317-0268

    111 Total Sales

    Rocky Lee
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Map

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

MLS Number: 868546

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 31-39-18-00006-0004-00004.0

Florida Indian River County Sebastian 32958

107 Arega St, Sebastian, FL

Not Listed for Sale

Lots

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