NOT LISTED FOR SALE

121 Drake Way Sebastian, FL 32958

Sebastian Highlands Neighborhood

Estimated Value: $399,574 - $455,000

3 Beds
2 Baths
2,266 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 22, 2015

Last sale price $200,000 $88 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,471/month

50 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Sun or Florida Room
  • Treasure Coast Elementary School Rated 10
  • Vaulted Ceiling
  • Community Pool

About This Home

As of October 2015

This property is eligible for HomeSteps Financing. Visit the HomeSteps website for more information on this financing program. Single-Story amidst Sebastian River Landing, Sold With Repairs! This home offers a nice living area encompassing approximately 2266 square feet with 3 Bedrooms and 2 Baths. Kitchen with Island. Breakfast Nook. Large Living Room plus Den. A Garden Tub, Walk-in Shower and Dual Sinks complete the Master Bathroom. Floors throughout consist of tile and carpeting. All neutral decor with lots of natural light. Covered Patio off rear of home offering a nice view of lake. A Must See !

Last Agent to Sell the Property

Edward Van Horn

Van Horn Realty, LLC License #3043612 Listed on: 08/02/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,894

Year Built

  • Built in 2005

Lot Details

  • 8,400 Sq Ft Lot
  • Lake Front
  • Property is zoned PUD-R

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,266 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Dining Room
  • Sun or Florida Room
  • Lake Views
  • Security Gate
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31382300010000000056.0

Community Details

Overview

  • Association fees include ground maintenance
  • Sebastian River Landing P Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,894

Year Built

Built in 2005

Lot Details

0

HOA Fees

$30 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Fellsmere road to Sebastian River Landing subdivision. Thru gate left on Stony Point. Right on Drake Way. House on left side.
  • Year Built: 2005
  • Architectural Style: Ranch
  • Carport Y N: No
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Separate Shower, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2266.0
  • Dining Room Type: Laundry, Dining Room, Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30.0
  • Community Features: Clubhouse, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 31382300010000000056.0
  • Lot Size Sq Ft: 8400.0
  • Zoning Description: PUD-R
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1894.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2016
Sold by
Baldwin Robert K and Baldwin Carolyn C
Bought by
Baldwin Robert K and Baldwin Carolyn C
Current Estimated Value
$429,144

Purchase Details

Listed on
Aug 2, 2015
Closed on
Oct 21, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Baldwin Robert K
Seller's Agent
Edward Van Horn
Van Horn Realty, LLC
List Price
$229,900
Sold Price
$200,000
Premium/Discount to List
-$29,900
-13.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Apr 27, 2015
Sold by
Shreffler Robert E
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 11, 2006
Sold by
Sutton Carol and Sutton Ronald W
Bought by
Shreffler Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 17, 2004
Sold by
Sebastian River Landing Llc
Bought by
Sun Castles Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,130
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2004
Sold by
Sun Castles Inc
Bought by
Sutton Ronald W and Sutton Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,130
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
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
Baldwin Robert K -- Attorney
Baldwin Robert K $200,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Shreffler Robert E $320,000 Title Partners Of Indian Riv
Sun Castles Inc $42,500 --
Sutton Ronald W $64,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shreffler Robert E $256,000
Previous Owner Sutton Ronald W $231,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2015 10/22/15 Sold $200,000 -13.0% $88 / Sq Ft
09/22/2015 09/22/15 Pending -- -- --
08/02/2015 08/02/15 For Sale $229,900 -- $101 / Sq Ft
Source: BeachesMLS

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 $2,099 $163,768 -- --
2023 $2,099 $154,518 $0 $0
2022 $2,003 $150,017 $0 $0
2021 $1,987 $145,648 $0 $0
2020 $1,982 $143,638 $0 $0
2019 $1,950 $140,408 $0 $0
2018 $1,951 $137,790 $0 $0
2017 $1,884 $134,956 $0 $0
2016 $1,885 $132,180 $0 $0
2015 $1,953 $131,800 $0 $0
2014 -- $130,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Edward Van Horn

    Van Horn Realty, LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10156521

BeachesMLS

APN: 31-38-23-00010-0000-00056.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

121 Drake Way, Sebastian, FL

This home is located at 121 Drake Way, Sebastian, FL 32958 since 02 August 2015 and is currently estimated at $429,144, approximately $189 per square foot. This property was built in 2005. 121 Drake Way is a home located in Indian River County with nearby schools including Treasure Coast Elementary School, Sebastian River 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.

BeachesMLS 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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