NOT LISTED FOR SALE

122 Drake Way Sebastian, FL 32958

Sebastian Highlands Neighborhood

Estimated Value: $340,973 - $415,000

4 Beds
2 Baths
1,953 Sq Ft
$196/Sq Ft Est. Value

Last Sold July 08, 2019

Last sale price $220,000 $113 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,389/month

Highlights

  • Outdoor Pool
  • Clubhouse
  • Attic
  • Treasure Coast Elementary School Rated 10
  • Vaulted Ceiling
  • Furnished

About This Home

As of November 2019

Beautiful 4 BR 2 BA Seasonal Rental Home is turn-key with luxury mattresses, quality furnishings, and all utilities included! Home comes with lots of community amenities including clubhouse, community pool, basketball courts, and tennis courts. Just minutes from the great restaurants and fun activities in Lovely Fishing Village of Sebastian Credit & Background check req'd

Last Agent to Rent the Property

Justin Spencer

Coldwell Banker Paradise License #3439464 Listed on: 07/24/2019

Coldwell Banker Paradise

Last Renter's Agent

Justin Spencer

Coldwell Banker Paradise License #3439464 Listed on: 07/24/2019

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 8,712

Parking

  • 2 Car Garage

Interior Spaces

  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • French Doors
  • Pull Down Stairs to Attic
  • Laundry Room
  • Property Views

Kitchen

  • Cooktop
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio
  • Rain Gutters

Additional Features

  • Sprinkler System
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 77
  • Assessor Parcel Number 31382300010000000077.0

Community Details

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Additional Features

  • Sebastian River Landing Subdivision
  • Clubhouse

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential Lease
  • Ownership: Single Family/Other
  • Subdivision Name: Sebastian River Landing
  • Directions: U.S. 1 to west on 512, left on Sebastian River Ln. through gate, turn left on Stony Point Dr. right on Drake Way, home on right, sign on property.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-589-7777
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Cooktop, Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Attic, High Ceilings, Kitchen Island, Pantry, Pull Down Attic Stairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Pool Features: Pool, Community
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: Sprinkler/Irrigation, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Basketball Court, Clubhouse, Other, Sidewalks, Tennis Court(s), Gutter(s), Pool
  • Pets Allowed: Yes, Number Limit, Size Limit

Lot Info

  • Parcel #: 31382300010000000077.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1349.0
  • Tax Lot: 77
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2018
Closed on
Jul 8, 2019
Sold by
Greene Robert and Greene Kathy
Bought by
Adams Scott M and Adams Wendy J
Seller's Agent
Richard Henf
RE/MAX Crown Realty
Buyer's Agent
Robin Burgarella
Dale Sorensen Real Estate Inc.
List Price
$285,000
Sold Price
$220,000
Premium/Discount to List
-$65,000
-22.81%
Current Estimated Value
$382,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,743
Avg. Annual Appreciation
9.44%
Original Mortgage
$198,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2011
Sold by
Aurora Loan Services Llc
Bought by
Greene Robert J and Greene Kathy A

Purchase Details

Closed on
Jul 11, 2011
Sold by
Legue William
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Sep 29, 2005
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Legue William and Legue Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,530
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Adams Scott M $220,000 Professional Ttl Of Indian R
Greene Robert J $123,000 Attorney
Aurora Loan Services Llc $15,400 None Available
Legue William $207,900 Alliance Title Of East Coast
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Scott M $198,000
Previous Owner Legue William $51,975
Previous Owner Legue William $145,530
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Rented $2,000 +11.1% --
10/21/2019 10/21/19 Under Contract -- -- --
07/24/2019 07/24/19 For Rent $1,800 0.0% --
07/08/2019 07/08/19 Sold $220,000 -22.8% $113 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
07/20/2018 07/20/18 For Sale $285,000 -- $146 / 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 $4,418 $319,000 $29,750 $289,250
2023 $4,418 $231,051 $0 $0
2022 $3,864 $254,434 $29,750 $224,684
2021 $3,400 $190,951 $29,750 $161,201
2020 $3,308 $181,832 $29,750 $152,082
2019 $1,354 $105,544 $0 $0
2018 $1,349 $103,576 $0 $0
2017 $1,277 $101,446 $0 $0
2016 $1,271 $99,360 $0 $0
2015 $1,308 $98,670 $0 $0
2014 $1,262 $97,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Justin Spencer

    Landlord's Agent in 2019

    Justin Spencer

    Coldwell Banker Paradise

    (843) 685-1665

    3 in this area

    6 Total Sales

    Justin Spencer
    Section Image
  • Richard Henf

    Seller's Agent in 2019

    Richard Henf

    RE/MAX

    (772) 473-4313

    8 in this area

    25 Total Sales

    Richard Henf
    Section Image
  • Robin Burgarella

    Buyer's Agent in 2019

    Robin Burgarella

    Dale Sorensen Real Estate Inc.

    (772) 913-0533

    40 in this area

    170 Total Sales

    Robin Burgarella
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 224442

APN: 31-38-23-00010-0000-00077.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

122 Drake Way, Sebastian, FL

This home is located at 122 Drake Way, Sebastian, FL 32958 since 24 July 2019 and is currently priced at $382,743. This property was built in 2005. 122 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.

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