NOT LISTED FOR SALE

1440 Ocean Dr Unit 7 Vero Beach, FL 32963

Estimated Value: $401,000 - $561,000

2 Beds
2 Baths
1,300 Sq Ft
1.05 Acres

Last Sold August 06, 2019

Last sale price $282,500 $217 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,071/month

173 Days on Market

Highlights

  • Ocean Front
  • Elevator
  • Park
  • Beachland Elementary School Rated A-
  • Balcony
  • Outdoor Shower

About This Home

As of August 2019

Spacious Ocean Drive Condo! Super location right on expansive South Beach (the best beach in Vero)! Fabulous view from catwalk, guest bedroom & kitchen. Limited views from large rear balcony. Private Garage! Tile throughout. Newer A/C, hot water heater, windows & doors! 1 pet under 30 lbs ok! Elevator too! LOW condo fee, just $400 monthly rentals allowed.

Last Agent to Sell the Property

Bob Faller

Berkshire Hathaway Florida License #0671758 Listed on: 01/14/2019

Berkshire Hathaway Florida

Last Buyer's Agent

Bob Faller

Berkshire Hathaway Florida License #0671758 Listed on: 01/14/2019

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,547

Year Built

  • Built in 1979

Lot Details

  • Ocean Front
  • North Facing Home
  • Few Trees

Parking

  • 1 Car Garage

Interior Spaces

  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Outdoor Shower
  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 33400500028000000007.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, parking, reserve fund, sewer, trash, water
  • Adria A Condo Subdivision
  • 5-Story Property

Recreation

  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,547

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: n/a
  • Ownership: Condo
  • Subdivision Name: Adria a Condo
  • Directions: E. Causeway to Ocean Dr. South to last condo on left.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1979
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Furnished: Negotiable
  • Appliances: Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Stories: 5
  • Window Features: Impact Glass, Insulated Windows, Window Treatments

Exterior Features

  • Lot Features: Other, Few Trees
  • Pool Features: None
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Balcony, Outdoor Shower
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Covered, Garage

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Park
  • Association Fee: 400.0
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Parking, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 33400500028000000007.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5547.0
  • Tax Lot: 7
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Aug 1, 2019
Sold by
Mahan Sheila M
Bought by
Saunders Merrell Kerby and Saunders Alice R
Seller's Agent
Bob Faller
Berkshire Hathaway Florida
Buyer's Agent
Bob Faller
Berkshire Hathaway Florida
List Price
$330,000
Sold Price
$282,500
Premium/Discount to List
-$47,500
-14.39%
Current Estimated Value
$511,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,280
Avg. Annual Appreciation
9.47%
Original Mortgage
$211,850
Outstanding Balance
$140,961
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$349,103

Purchase Details

Closed on
Sep 7, 2001
Sold by
Adria Indian River Cty Inc
Bought by
Mahan Sheila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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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
Saunders Merrell Kerby $282,500 Oceanside Title & Escrow Inc
Mahan Sheila M $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Merrell Kerby $60,000
Open Saunders Merrell Kerby $211,850
Previous Owner Mahan Sheila M $146,500
Previous Owner Mahan Sheila M $151,000
Previous Owner Mahan Sheila M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $282,500 -14.4% $217 / Sq Ft
07/07/2019 07/07/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $330,000 -- $254 / 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 $3,648 $283,860 -- --
2023 $3,648 $267,825 $0 $0
2022 $3,533 $260,024 $0 $0
2021 $3,474 $252,450 $0 $252,450
2020 $3,515 $252,450 $0 $252,450
2019 $4,737 $280,500 $0 $280,500
2018 $5,547 $367,200 $0 $367,200
2017 $5,369 $367,200 $0 $0
2016 $4,754 $306,000 $0 $0
2015 $4,027 $221,000 $0 $0
2014 $3,542 $201,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bob Faller

    Berkshire Hathaway Florida

    (772) 538-5206

    15 in this area

    61 Total Sales

    Bob Faller
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 213584

APN: 33-40-05-00028-0000-00007.0

Florida Indian River County Vero Beach 32963

1440 Ocean Dr Unit 7, Vero Beach, FL

This home is located at 1440 Ocean Dr Unit 7, Vero Beach, FL 32963 since 14 January 2019 and is currently estimated at $490,064, approximately $376 per square foot. This property was built in 1979. 1440 Ocean Dr Unit 7 is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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