NOT LISTED FOR SALE

1180 Reef Rd Unit C12 Vero Beach, FL 32963

Estimated Value: $755,000 - $862,000

3 Beds
2 Baths
1,545 Sq Ft
2.52 Acres

Last Sold February 21, 2024

Last sale price $850,000 $550 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,079/month

134 Days on Market

Highlights

  • Ocean Front
  • Heated Pool
  • Park
  • Beachland Elementary School Rated A-
  • Bike Room
  • Central Heating and Cooling System

About This Home

As of February 2024

Great oceanfront opportunity! This end-unit offers a charming Atlantic Ocean view, spacious floorplan, Impact windows/doors, crown molding, a walk in master closet, 1 car garage. 3rd BR can be a den. Billows located within the Moorings Community w/ heated pool, private beach access, 1 pet allowed up to 20 lbs.Unit accessible by stairs only, no elevator. AC, hot water heater to be replaced by seller shortly.

Last Agent to Sell the Property

Hank Wolff

One Sotheby's Int'l Realty Brokerage Phone: 772-321-5080 License #3298962 Listed on: 10/09/2023

One Sotheby's Int'l Realty

Last Buyer's Agent

Daina Bertrand

The Moorings Realty Sales Co. License #3236356

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,745

Year Built

  • Built in 1970

Lot Details

  • Ocean Front
  • South Facing Home

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Garden

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,545 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tinted Windows
  • Sliding Windows
  • Security Lights

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot C12
  • Assessor Parcel Number 33402700005000300012.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, recreation facilities, reserve fund, sewer, trash, water
  • Elliott Merrill Association
  • Billows Subdivision

Recreation

  • Community Pool
  • Park
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Bike Room
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,745

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Ownership: Condo
  • Subdivision Name: Billows
  • Directions: From A1A, turn east on Windward Way. Turn left on Reef Rd, look for Billows sign. Park in guest parking. Unit C12 is upstairs.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1970
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-321-5080
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Concrete
  • Living Area: 1545.0
  • Stories: 2
  • Window Features: Sliding, Tinted Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Community, Electric Heat, Heated, Pool
  • View: Garden, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Outdoor Shower, Tennis Court(s)
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Bicycle Storage, Park, Pool
  • Association Fee: 1241.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402700005000300012.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7745.0
  • Tax Lot: C12
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2023
Closed on
Feb 21, 2024
Sold by
Bucher Scott and Bucher Susan C
Bought by
Veres Richard and Veres Mary E
Seller's Agent
Hank Wolff
One Sotheby's Int'l Realty
Buyer's Agent
Daina Bertrand
The Moorings Realty Sales Co.
List Price
$985,000
Sold Price
$850,000
Premium/Discount to List
-$135,000
-13.71%
Views
36
Current Estimated Value
$803,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,858
Avg. Annual Appreciation
-3.05%

Purchase Details

Closed on
Aug 1, 2002
Sold by
Cheney Patricia A and Shields Patricia B
Bought by
Bucher Scott and Bucher Susan C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Veres Richard $850,000 Oceanside Title & Escrow
Veres Richard $850,000 Oceanside Title & Escrow
Bucher Scott $417,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2024 02/21/24 Sold $850,000 -5.5% $550 / Sq Ft
12/26/2023 12/26/23 Price Changed $899,000 -8.7% $582 / Sq Ft
10/09/2023 10/09/23 For Sale $985,000 -- $638 / 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 $10,306 $722,953 -- $722,953
2024 $9,085 $722,953 -- $722,953
2023 $9,085 $585,483 $0 $0
2022 $7,745 $558,870 $0 $558,870
2021 $7,144 $483,870 $0 $483,870
2020 $7,245 $483,870 $0 $483,870
2019 $7,313 $483,870 $0 $483,870
2018 $7,046 $483,870 $0 $483,870
2017 $6,268 $403,225 $0 $0
2016 $5,653 $350,630 $0 $0
2015 $5,368 $318,750 $0 $0
2014 $4,814 $290,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 272084

APN: 33-40-27-00005-0003-00012.0