NOT LISTED FOR SALE

1700 Ocean Dr Unit 303 Vero Beach, FL 32963

Estimated Value: $714,838 - $894,000

2 Beds
2 Baths
1,370 Sq Ft
6.14 Acres

Last Sold March 11, 2020

Last sale price $590,000 $431 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,197/month

16 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Wood Flooring
  • Beachland Elementary School Rated A-
  • Clubhouse
  • Furnished

About This Home

As of March 2020

Gorgeous view from this large partially covered porch! Great kitchen, two lovely bathrooms, wood floors, newer carpet. Beautifully furnished and nicely appointed . Walk to restaurants nearby. Located on Vero's widest and most beautiful beach. Sold furnished with the exception of 5 paintings.

Last Agent to Sell the Property

Patty King Rennick

Rennick Real Estate License #3030623 Listed on: 01/24/2020

Last Buyer's Agent

Patty King Rennick

Rennick Real Estate License #3030623 Listed on: 01/24/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,445

Year Built

  • Built in 1982

Lot Details

  • Ocean Front
  • West Facing Home

Interior Spaces

  • Furnished
  • Crown Molding
  • Window Treatments
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 303
  • Assessor Parcel Number 33400500025000000303.0

Community Details

Overview

  • Association fees include common areas, insurance, recreation facilities, reserve fund, sewer, trash, water
  • Sea Cove Subdivision
  • 5-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,445

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Sea Cove
  • Directions: 17th Street bridge east to Ocean Drive, turn right to 1700 (Sea Cove)
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 5
  • Year Built: 1982
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-562-5015
  • Special Features: None
  • Stories: 5

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Crown Molding
  • Stories: 5
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: In Unit
  • Green Building Features: Reception Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bicycle Storage, Clubhouse, Elevator, Storage Facilities, Trash Chute, Pool
  • Association Fee: 591.35
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 33400500025000000303.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6445.0
  • Tax Lot: 303
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Feb 27, 2020
Sold by
Schlansky Flynn R and Schlansky Tracy Nelson
Bought by
Troutman Jay Troutman and Troutman Margo
Seller's Agent
Patty King Rennick
Rennick Real Estate
Buyer's Agent
Patty King Rennick
Rennick Real Estate
List Price
$619,000
Sold Price
$590,000
Premium/Discount to List
-$29,000
-4.68%
Current Estimated Value
$842,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,460
Avg. Annual Appreciation
6.63%
Original Mortgage
$250,000
Outstanding Balance
$173,119
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$669,341

Purchase Details

Closed on
Sep 14, 2005
Sold by
Kerg Patricia L
Bought by
Flynn Robert K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 30, 1998
Sold by
Kerg James F and Kerg Patricia L
Bought by
Kerg Patricia L

Purchase Details

Closed on
Jun 9, 1997
Sold by
Cusick Thomas J
Bought by
Kerg James F and Kerg Patricia L
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
Troutman Jay Troutman $590,000 Oceanside Title & Escrow Inc
Flynn Robert K $515,000 Lawyers Title Agency
Kerg Patricia L -- --
Kerg James F $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Troutman Jay Troutman $250,000
Previous Owner Flynn Robert K $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $590,000 -4.7% $431 / Sq Ft
02/10/2020 02/10/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $619,000 -- $452 / 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 $8,757 $690,895 -- $690,895
2023 $8,757 $473,439 $0 $0
2022 $7,436 $534,087 $0 $534,087
2021 $6,317 $391,272 $0 $391,272
2020 $6,397 $391,272 $0 $391,272
2019 $6,445 $383,600 $0 $383,600
2018 $3,969 $269,992 $0 $0
2017 $3,933 $264,439 $0 $0
2016 $3,882 $259,000 $0 $0
2015 $3,979 $257,200 $0 $0
2014 $3,812 $255,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 229381

APN: 33-40-05-00025-0000-00303.0