NOT LISTED FOR SALE

11360 S Indian River Dr Sebastian, FL 32958

Estimated Value: $2,747,514

2.84 Acres
$967,435 Price per Acre
123,710 Sq Ft Lot

Last Sold December 31, 2013

Last sale price $985,000

Est. 179% increase in value since last sale

Current estimated payment $15,641/month

1,241 Days on Market

Highlights

  • River Front
  • No HOA
  • Many Trees
  • Sebastian Elementary School Rated 9+

About This Lot

As of December 2013

FABULOUS RIVER FRONT COMMERCIAL PARCEL. ENDLESS POSSIBLITIES FOR DEVELOPMENT

Last Agent to Sell the Property

John King

RE/MAX Crown Realty License #507154 Listed on: 09/09/2013

Last Buyer's Agent

Laura Petersen

RE/MAX Crown Realty

RE/MAX Crown Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,974

Lot Details

  • River Front
  • Many Trees

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 313908000000010000130

Property Details

Property Type

Land

Est. Annual Taxes

$13,974

Lot Details

0

Listing Details

  • Property Type: Land
  • ResoLotFeatures: Many Trees, Other
  • Road Surface Type: Paved
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Real Estate Owned
  • Location Tax and Legal Parcel Number2: 313908000000010000130
  • Location Tax and Legal Tax Annual Amount: 13974.0
  • Location Tax and Legal Tax Year2: 2011
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • Water Source Public: Yes
  • Utilities Sewer Available: Yes
  • General Property Information Number Of Lots2: 1.0
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront Features: River Front
  • Waterfront: Yes
  • Lot Features:Other21: Yes
  • Lot Features:Many Trees: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Number Of Lots: 1
  • Parcel #: 313908000000010000130

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 13974.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Wirth Thomas C and Wirth Amber
Bought by
Wynne Building Corporation
Current Estimated Value
$2,747,514

Purchase Details

Listed on
Sep 9, 2013
Closed on
Dec 30, 2013
Sold by
Oculina Bank
Bought by
Wirth C Thomas and Wirth Amber
Seller's Agent
John King
RE/MAX Crown Realty
Buyer's Agent
Laura Petersen
RE/MAX Crown Realty
List Price
$2,875,000
Sold Price
$985,000
Premium/Discount to List
-$1,890,000
-65.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.15%
Original Mortgage
$485,000
Interest Rate
4.25%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 2012
Sold by
Oculina Bank
Bought by
Oculina Bank

Purchase Details

Closed on
Apr 23, 2008
Sold by
Lobo On The River Inc
Bought by
Oculina Bank

Purchase Details

Closed on
Jul 24, 2006
Sold by
Parnell Ledford A
Bought by
Lobo On The River Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,300,000
Interest Rate
12%
Mortgage Type
Commercial
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
Wynne Building Corporation $2,800,000 Nielander Law Firm Pa
Wirth C Thomas $985,000 Attorney
Oculina Bank -- Attorney
Oculina Bank $500,000 Attorney
Lobo On The River Inc $1,300,000 Nationwide Closing & Title S
Lobo On The River Inc $1,300,000 Nationwide Closing & Title S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wirth C Thomas $485,000
Previous Owner Lobo On The River Inc $3,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $985,000 -65.7% --
12/19/2013 12/19/13 Pending -- -- --
07/27/2010 07/27/10 For Sale $2,875,000 -- --
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
2024 $12,885 $1,021,613 $946,385 $75,228
2023 $12,885 $918,523 $842,177 $76,346
2022 $12,863 $912,047 $842,177 $69,870
2021 $13,242 $906,186 $842,177 $64,009
2020 $13,456 $906,751 $842,177 $64,574
2019 $13,881 $907,325 $842,177 $65,148
2018 $14,086 $907,904 $842,177 $65,727
2017 $13,982 $885,694 $0 $0
2016 $14,066 $850,760 $0 $0
2015 $14,826 $860,680 $0 $0
2014 $14,299 $845,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John King

    RE/MAX

  • L

    Buyer's Agent in 2013

    Laura Petersen

    RE/MAX Crown Realty

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Map

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

MLS Number: 575386

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 31-39-08-00000-0010-00013.0

Florida Indian River County Sebastian 32958

11360 S Indian River Dr, Sebastian, FL

This home is located at 11360 S Indian River Dr, Sebastian, FL 32958 since 09 September 2013 and is currently estimated at $2,747,514. 11360 S Indian River Dr is a home located in Indian River County with nearby schools including Sebastian Elementary School, Storm Grove Middle School, and Sebastian River High School.

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.

Space Coast MLS (Space Coast Association of REALTORS®) 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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