NOT LISTED FOR SALE

127 Drake Way Sebastian, FL 32958

Sebastian Highlands Neighborhood

Estimated Value: $353,000 - $394,000

3 Beds
2 Baths
1,858 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $202,000 $109 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $2,171/month

62 Days on Market

Highlights

  • Outdoor Pool
  • Gated Community
  • Waterfront
  • Treasure Coast Elementary School Rated 10
  • Lake View
  • Clubhouse

About This Home

As of December 2017

Beautiful waterfront home w/vaulted ceilings, open kitchen floor plan & jumbo family room. Beautiful tile, fresh paint and new carpet. Large master suite boasts 2 walk in closets. Large master has large linen closet, private water closet, double sinks and glass block shower. View lake from back patio. Fantastic HOA of $45/month celebrates a clubhouse, pool, tennis & basketball courts.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,669

Year Built

  • Built in 2005

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 70x120
  • Waterfront
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,858 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 31382300010000000053.0

Community Details

Overview

  • Association fees include common areas, recreation facilities
  • Sebastian River Landing Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,669

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 70x120
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Sebastian River Landing
  • Directions: 512 to Sebastian River Landing. Left on Stony Point Dr, right on Drake way.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1858.0
  • Stories: 1

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Patio, Storm/Security Shutters
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated Community, 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, Playground, Tennis Court(s), Pool
  • Association Fee: 45.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities

Schools

  • High School: Sebastian River High School

Lot Info

  • Parcel #: 31382300010000000053.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2669.0
  • Tax Lot: 53
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 27, 2017
Sold by
Fallon Patrick A and Fallon Teri Ann
Bought by
Martin David C and Martin Ruth E
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$219,000
Sold Price
$202,000
Premium/Discount to List
-$17,000
-7.76%
Current Estimated Value
$371,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,577
Avg. Annual Appreciation
8.17%
Original Mortgage
$1
Interest Rate
3.92%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2007
Sold by
Harris Jason B and Sabeh Maria L
Bought by
Fallon Patrick A and Fallon Teri Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2005
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Harris Jason B and Sabeh Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,920
Interest Rate
5.64%
Mortgage Type
New Conventional
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
Martin David C $202,000 Treasure Coast Title
Fallon Patrick A $200,000 Alliance Title E Coast Inc
Harris Jason B $194,900 Alliance Title Of East Coast
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin David C $1
Previous Owner Fallon Patrick A $200,000
Previous Owner Harris Jason B $155,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2017 12/29/17 Sold $202,000 -7.8% $109 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $219,000 -- $118 / 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 $2,509 $206,723 -- --
2023 $2,509 $195,046 $0 $0
2022 $2,532 $189,365 $0 $0
2021 $2,518 $183,850 $0 $0
2020 $2,516 $181,312 $0 $0
2019 $2,477 $177,235 $0 $0
2018 $3,169 $166,666 $25,500 $141,166
2017 $2,896 $155,462 $0 $0
2016 $2,669 $133,990 $0 $0
2015 $2,680 $129,370 $0 $0
2014 $1,435 $106,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Buyer's Agent in 2017

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 193930

APN: 31-38-23-00010-0000-00053.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

127 Drake Way, Sebastian, FL

This home is located at 127 Drake Way, Sebastian, FL 32958 since 27 September 2017 and is currently estimated at $371,577, approximately $199 per square foot. This property was built in 2005. 127 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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