NOT LISTED FOR SALE

Estimated Value: $612,388 - $684,000

2 Beds
2 Baths
1,680 Sq Ft
2.63 Acres

Last Sold February 01, 2021

Last sale price $420,000 $250 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,036/month

344 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Elevator
  • Beachland Elementary School Rated A-
  • Clubhouse
  • Balcony

About This Home

As of February 2021

Lowest priced ocean view in The Moorings! Light, bright & spacious 2/2. Ocean views looking across tropically landscaped grounds from most rooms. Comfortable living awaits; impact glass windows & elec. shutters protect! Great storage, 2-car garage, elevator access seals the deal! Sabal Reef is a small community w/club room, onsite mgr, private beach & heated pool. 1 pet 20-lbs. w/approv.

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 01/23/2020

Last Buyer's Agent

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 01/23/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,040

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,680 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33402700009003000013.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, parking, sewer, security, trash, water
  • Schlitt Prop. Mgmt. Association
  • Sabal Reef Condo Subdivision

Amenities

  • Clubhouse
  • Elevator
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Phone Entry
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,040

Year Built

Built in 1976

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Sabal Reef Condo
  • Directions: From 17th St. Bridge, south on Hwy. A1A to The Moorings. East on Galleon Drive; right on Reef Rd. to Sabal Reef on left.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1976
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1680.0
  • Stories: 3
  • Window Features: Impact Glass, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Porch, Storm/Security Shutters
  • Patio And Porch Features: Enclosed, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Covered, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Phone Entry, Security Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Property Manager On-Site, Storage Facilities, Pool
  • Association Fee: 934.0
  • Association Name: Schlitt Prop. Mgmt.
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402700009003000013.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6040.0
  • Tax Lot: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Jan 29, 2021
Sold by
Boink James N and Bastian Raphael M
Bought by
Burpoe Michael C and Burpoe Elizabeth A
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Erika Ross
The Moorings Realty Sales Co.
List Price
$435,000
Sold Price
$420,000
Premium/Discount to List
-$15,000
-3.45%
Current Estimated Value
$652,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,847
Avg. Annual Appreciation
9.65%
Original Mortgage
$378,000
Outstanding Balance
$280,012
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$363,966

Purchase Details

Closed on
Jul 19, 2010
Sold by
Barker Mary A
Bought by
Boink James N and Bastian Raphael M
Source: Public Records

Range of Values:

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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
Burpoe Michael C $420,000 Attorney
Boink James N $280,000 Island Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burpoe Michael C $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $420,000 -3.4% $250 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
01/23/2020 01/23/20 For Sale $435,000 -- $259 / 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
2024 $7,073 $546,353 -- $546,353
2023 $7,073 $464,586 $0 $0
2022 $6,044 $422,351 $0 $422,351
2021 $5,958 $402,239 $0 $402,239
2020 $6,040 $402,239 $0 $402,239
2019 $6,078 $402,239 $0 $402,239
2018 $5,752 $386,768 $0 $386,768
2017 $5,575 $386,768 $0 $0
2016 $5,033 $336,320 $0 $0
2015 $4,789 $305,750 $0 $0
2014 $3,988 $239,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 229300

APN: 33-40-27-00009-0030-00013.0