$470,000
SOLD DEC 23, 2020

12050 138th Ave Fellsmere, FL 32948

3 Beds
2 Baths
1,801 Sq Ft
9.56 Acres

Recently Sold

$261 Per Sq Ft

11% Below List Price

79 Days on Market

Highlights

  • Lake Front
  • Spa
  • Gated Community
  • Stables
  • Home fronts a pond
  • 9.56 Acre Lot

About This Home

As of December 2020

Beauty on every acre of this property. Spacious home on almost 10 acres + barn! Kitchen has all new appliances, new A/C, leased 500 gal gas tank. 2 wells on property, 1 shallow for the home & 1 deep for the pond. Whole home auto generator. Accordion shutters on windows. Barn equipped with electricity, has concrete floors & loft. Rare, one-of-a-kind property. Rm sz apprx & subj to error.

Last Agent to Sell the Property

David Decker

Dale Sorensen Real Estate Inc. License #3411305 Listed on: 09/04/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

David Decker

Dale Sorensen Real Estate Inc. License #3411305 Listed on: 09/04/2020

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,132

Year Built

  • Built in 2001

Lot Details

  • 9.56 Acre Lot
  • Lot Dimensions are 641x650
  • Home fronts a pond
  • Lake Front
  • Southwest Facing Home
  • Fenced

Parking

  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Spa
  • Covered patio or porch

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31370000001033200001.0

Community Details

Recreation

  • Community Spa

Additional Features

  • Fellsmere Farms Subdivision
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,132

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 9.56
  • Lot Size: 641x650
  • Ownership: Single Family/Other
  • Subdivision Name: Fellsmere Farms
  • Directions: Head West on CR 512. Right on N Broadway Street. N Broadway Street turns left and becomes S Carolina Ave. Turn Right on CR 507. Property is 3 miles on CR 507, past 122nd on Right.
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2001
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Water Softener
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Master Downstairs, Walk-In Closet(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: 5-10 Acres
  • Pool Features: None
  • View: Pool, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Fence, Porch, Storm/Security Shutters
  • Other Structures: Stable(s)
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: N/A
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31370000001033200001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2132.0
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Dec 23, 2020
Sold by
Gore Sharon A
Bought by
Suriano Sal Brian and Suriano Diana E
Seller's Agent
David Decker
Dale Sorensen Real Estate Inc.
Buyer's Agent
David Decker
Dale Sorensen Real Estate Inc.
List Price
$530,000
Sold Price
$470,000
Premium/Discount to List
-$60,000
-11.32%
Current Estimated Value
$834,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,136
Avg. Annual Appreciation
13.31%
Original Mortgage
$551,000
Outstanding Balance
$401,465
Interest Rate
2.2%
Mortgage Type
Commercial
Estimated Equity
$432,671

Purchase Details

Closed on
Mar 8, 2000
Sold by
Hamiltonrjr S Thomas and Plat Carson
Bought by
Gore Lonnie J and Gore Sharon A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $470,000 Supreme Title Solutions Llc
Personal Reps Deed $46,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $551,000 Commercial
Previous Owner $330,000 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2020 12/23/20 Sold $470,000 -11.3% $261 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $530,000 -- $294 / 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 $5,694 $438,535 -- --
2023 $5,694 $413,898 $0 $0
2022 $5,550 $401,912 $0 $0
2021 $6,107 $388,780 $97,644 $291,136
2020 $2,137 $0 $0 $0
2019 $2,132 $0 $0 $0
2018 $2,112 $0 $0 $0
2017 $2,089 $0 $0 $0
2016 $1,872 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 235520

APN: 31-37-00-00001-0332-00001.0