NOT LISTED FOR SALE

1070 Reef Rd Unit 106 Vero Beach, FL 32963

South Beach Area

Estimated Value: $967,000 - $1,088,000

3 Beds
2.5 Baths
2,168 Sq Ft
1982 Built

Sale Details

Date Sold: April 8, 2019

Last sale price $582,000 $268 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $7,551 / mo

141 Days on Market

Highlights

  • Direct Ocean View
  • Beach Access
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Beachland Elementary School Rated A-
  • Sitting Area In Primary Bedroom
  • Old Spanish Architecture

About This Home

As of April 2019

Rarely available 1st floor 3BR/2.5 Ba popular Galleons has ocean views and lives like a true home with a generous 2168 sq. ft.! Wide, split bedroom floor plan offers privacy and expansive vistas from one of two screened patios. Well maintained and wonderful custom built-ins throughout. Ample 1 car garage w/storage. BBQ grills allowed on first floor! Enjoy the resort lifestyle and easy access to pool and beach. One cat or one service animal allowed!

Last Buyer's Agent

Karen Smith

Inactive Member License #3213399

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,870

Year Built

  • Built in 1982

Lot Details

  • East Facing Home

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Garage Space

Property Views

  • Direct Ocean
  • Garden

Home Design

  • Old Spanish Architecture
  • Garden Apartment
  • Split Level Home
  • Entry on the 1st floor
  • Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,168 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Furniture for Sale
  • Furniture Can Be Negotiated
  • Built-In Features
  • Ceiling Fan
  • Bay Window
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Patio

Schools

  • Beachland Elementary School
  • Vero Beach High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Three-Phase Power
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 334027000200000001060

Community Details

Overview

  • Galleons, The Condo Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats

Amenities

  • Elevator
  • Bike Room

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Partial Electric Power Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,870

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

HOA Fees

$1,083 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment, Old Spanish, Split Level
  • Directions: IN INDIAN RIVER COUNTY: A1A south of 17th St. Bridge to Galleons Drive in the Moorings. Turn east, then on to The Galleons community.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Beach Access
  • New Construction: No
  • Building Stories: 3
  • Structure Type: Condo
  • Subdivision Name: GALLEONS, THE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 582000
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Entrance Foyer, Split Bedroom, Walk-In Closet(s), Wet Bar, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet
  • Furnished: Furniture For Sale, Furniture Negotiable
  • Living Area: 2168
  • Stories: 3
  • Window Features: Partial Electric Power Shutters, Hurricane Shutters, Bay Window(s)
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower, Sitting Area - Primary Bedroom, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Laundry, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only, Tub Only

Exterior Features

  • Roof: Tile, Concrete, Tile Roof
  • View: Garden, Ocean, Direct Ocean, Ocean View
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Detached, Parking Garage, No Rv/Boats
  • Total Parking Spaces: 1

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Security Patrol
  • Utilities: Cable Connected, Sewer Connected, Underground Utilities, Water Connected, Cable Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1083
  • Amenities: Bike Storage, Community Pool, Elevator(s), Pool, Private Pool, Security Patrol
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Mandatory Hoa, Pool, Security Patrol, Underground Utilities

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Beachland
  • High School: Vero Beach

Lot Info

  • Parcel Number: 334027000200000001060
  • Zoning: RESIDENTIAL

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6870

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Apr 1, 2019
Sold by
Mertz Timothy R
Bought by
Buyer's Agent
Karen Smith
Inactive Member
List Price
$650,000
Sold Price
$582,000
Premium/Discount to List
-$68,000
-10.46%
Current Estimated Value
$1,023,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,282
Avg. Annual Appreciation
7.94%
Original Mortgage
$465,600
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 10, 2011
Sold by
Meathe James B and Meathe Lawrence P
Bought by
Mertz Timothy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2008
Sold by
Bossonney Carol M
Bought by
Meathe James B
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Vero Beach, FL

  • Grace Appleton Real Estate Agent - Coldwell Banker Realty

    Grace Appleton

    Coldwell Banker Realty

    (561) 926-9762

    25 Total Sales

    1 in South Beach

    $1,850,000 Price

    Grace Appleton
     Section Image
  • Lisa LeRose Real Estate Agent - Keller Williams of the Treasure Coast

    Lisa LeRose

    Keller Williams of the Treasure Coast

    (772) 272-0474

    95 Total Sales

    3 in South Beach

    $1.3M - $1.6M Price Range

    Lisa LeRose
     Section Image
  • Linda Gonzalez Real Estate Agent - Coldwell Banker Paradise

    Linda Gonzalez

    Coldwell Banker Paradise

    (772) 227-1304

    86 Total Sales

    1 in South Beach

    $705,000 Price

    Linda Gonzalez
     Section Image
  • Magdalena Zych Real Estate Agent - Vero Beachside Sales Rentals

    Magdalena Zych

    Vero Beachside Sales Rentals

    (772) 758-2439

    50 Total Sales

    2 in South Beach

    $765,000 Price Range

    Magdalena Zych
     Section Image
  • Eileen Diamond Real Estate Agent - KELLER WILLIAMS REALTY OF VERO

    Eileen Diamond

    KELLER WILLIAMS REALTY OF VERO

    (772) 617-8910

    22 Total Sales

    1 in South Beach

    $550,000 Price

    Eileen Diamond
     Section Image
  • Heather Lewis Real Estate Agent - EXP Realty LLC

    Heather Lewis

    EXP Realty LLC

    (844) 687-7810

    52 Total Sales

    1 in South Beach

    $1,550,000 Price

    Heather Lewis
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$582,000 Oceanside Title & Escrow
Mertz Timothy R $400,000 None Available
Meathe James B -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $460,000
Closed Savage Judith C $465,600
Previous Owner Mertz Timothy R $300,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/08/2019 04/08/19 Sold $582,000 -10.5% $268 / Sq Ft
03/09/2019 03/09/19 Pending -- -- --
10/19/2018 10/19/18 For Sale $650,000 -- $300 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $10,184 $722,859 $722,859
2024 $9,084 $722,859 $722,859
2023 $9,084 $585,406 $0 $0
2022 $7,744 $558,796 $0 $558,796
2021 $7,143 $483,806 $0 $483,806
2020 $7,244 $483,806 $0 $483,806
2019 $7,461 $483,806 $0 $483,806
2018 $7,486 $483,806 $0 $483,806
2017 $6,871 $431,970 $0 $0
2016 $6,618 $411,400 $0 $0
2015 $6,283 $374,000 $0 $0
2014 $5,636 $340,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • KS

    Buyer's Agent in 2019

    Karen Smith

    Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10474444

MIAMI REALTORS® MLS

APN: 33-40-27-00020-0000-00106.0

Florida Indian River County Vero Beach 32963

1070 Reef Rd Unit 106, Vero Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS 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.

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