NOT LISTED FOR SALE

1430 Shorelands Dr W Vero Beach, FL 32963

Estimated Value: $1,942,000 - $2,420,000

4 Beds
4.5 Baths
3,706 Sq Ft
$568/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $1,250,000 $337 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $12,417/month

187 Days on Market

Highlights

  • Beach Access
  • Home fronts navigable water
  • Gated Community
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • River View

About This Home

As of September 2017

Cascading 4BR/4.5BA home on 225 ft of water frontage on Indian River arm. Seamlessly blends outdoors w/20 ft ceilings & 50 ft wide open plan w/combined LR, DR, FR, multi-isl Kitchen, dual-FPLC & wood floors. Saturated flr-ceiling windows/impact doors, vast water views/sunsets, tropical ecosystem, pool, dock/lift, 3-car gar. Sizes approx/subj to error. Seller concession: $2,000 credit.

Last Agent to Sell the Property

Elizabeth Sorensen

Dale Sorensen Real Estate Inc. License #3134517 Listed on: 02/23/2017

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Sally Daley

Douglas Elliman Florida LLC License #3106981

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,258

Year Built

  • Built in 1990

Lot Details

  • Lot Dimensions are 137x226
  • Home fronts navigable water
  • River Front
  • Cul-De-Sac
  • South Facing Home

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • River
  • Pool

Home Design

  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • French Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Deck
  • Patio

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 33401600016000000005.0

Community Details

Overview

  • Association fees include common areas, security
  • Shorelands Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,258

Year Built

Built in 1990

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 137x226
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Shorelands
  • Directions: A1A South to Shorelands West. House is first home on the right.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1990
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Master Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Cul-De-Sac, 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Pool, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Balcony, Deck, Patio
  • Patio And Porch Features: Deck, Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated Community
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other
  • Association Fee: 177.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 33401600016000000005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12258.0
  • Tax Lot: 5
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Oct 6, 2017
Sold by
Kenneth M Krasnow
Bought by
Hanson Sarabeth and Hanson John
Seller's Agent
Elizabeth Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Sally Daley
Douglas Elliman Florida LLC
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Current Estimated Value
$2,106,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$856,289
Avg. Annual Appreciation
6.54%
Original Mortgage
$1,000,000
Outstanding Balance
$829,915
Interest Rate
3.85%
Estimated Equity
$1,276,374

Purchase Details

Closed on
May 2, 2008
Sold by
Cypress Trust Co
Bought by
Krasnow Kenneth M and Krasnow Annette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 9, 2007
Sold by
Hulton Bruce W and Hulton Lisa M
Bought by
Cypress Trust Co

Purchase Details

Closed on
Jan 20, 2006
Sold by
Shenker Jonathan M and Shenker Sandra P
Bought by
Hulton Bruce W and Hulton Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2004
Sold by
Four Star Funding Inc
Bought by
Shenker Johnathan M and Shenker Sandra P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2004
Sold by
Howard Guerard W and Jayson Donna W
Bought by
Four Star Funding Inc

Purchase Details

Closed on
Jun 30, 1999
Sold by
Lopez Patricia
Bought by
Howard Guerard W and Jayson Donna W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hanson Sarabeth $1,250,000 --
Krasnow Kenneth M $805,000 Attorney
Cypress Trust Co -- Attorney
Cypress Trust Co $751,000 None Available
Hulton Bruce W $1,345,000 Professional Title
Shenker Johnathan M $1,000,100 --
Four Star Funding Inc -- --
Howard Guerard W $629,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Sarabeth $1,000,000
Closed Hanson Sarabeth --
Previous Owner Krasnow Kenneth M $400,000
Previous Owner Hulton Bruce W $1,100,000
Previous Owner Shenker Johnathan M $800,000
Previous Owner Hanson Sarabeth $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $1,250,000 -13.8% $337 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $1,450,000 -- $391 / 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 $16,184 $1,165,881 -- --
2024 $14,725 $1,165,881 -- --
2023 $14,725 $1,086,284 $0 $0
2022 $14,389 $1,054,645 $0 $0
2021 $14,449 $1,023,927 $0 $0
2020 $14,452 $1,009,790 $575,561 $434,229
2019 $15,556 $1,014,455 $575,561 $438,894
2018 $15,484 $996,113 $575,561 $420,552
2017 $14,589 $922,715 $0 $0
2016 $12,258 $804,010 $0 $0
2015 $12,701 $798,430 $0 $0
2014 $12,417 $792,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Elizabeth Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 696-1812

    23 in this area

    122 Total Sales

    Elizabeth Sorensen
    Section Image
  • Sally Daley

    Buyer's Agent in 2017

    Sally Daley

    Douglas Elliman Florida LLC

    (772) 538-4503

    10 in this area

    148 Total Sales

    Sally Daley
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 182308

APN: 33-40-16-00016-0000-00005.0

Florida Indian River County Vero Beach 32963

1430 Shorelands Dr W, Vero Beach, FL

Not Listed for Sale

Detached

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