NOT LISTED FOR SALE

1861 E Shell Ln Wabasso Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $477,146 - $818,000

0.25 Acre
$2,411,148 Price per Acre
10,890 Sq Ft Lot

Last Sold June 01, 2021

Last sale price $381,000 $35 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,632/month

Highlights

  • Beach Access
  • Cul-De-Sac
  • 3-minute walk to Wabasso Beach Park
  • Beachland Elementary School Rated A-
  • Views

About This Lot

As of June 2021

East of A1A. Highly desirable cleared lot in Summerplace, three houses from the ocean with private access to the beach. Public water and sewer connections available. Detailed house plans available. Relaxed, carefree and informal atmosphere. Pet friendly. Close to life-guarded Wabasso Beach & convenience store. Build now or whenever you are ready. Act now.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,721

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac

Home Design

  • 10,800 Sq Ft Home

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Phone Available
  • Cable TV Available

Additional Features

  • Property Views

Listing and Financial Details

  • Legal Lot and Block 7 / A
  • Assessor Parcel Number 31392300004000100007.0

Community Details

Overview

  • Association fees include common areas
  • Summerplace Improvement Association
  • Summerplace Subdivision

Recreation

  • Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$2,721

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.25
  • Lot Size: .25
  • Subdivision Name: Summerplace
  • Directions: A1A North to just past 510. First right turn to East Shell Lane to second lot on right side.
  • Attribution Contact: 772-257-8000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 10800.0

Exterior Features

  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • View: Other
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Fee: 25.0
  • Association Name: Summerplace Improvement

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 10800.0
  • Number Of Lots: 1
  • Parcel #: 31392300004000100007.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2721.0
  • Tax Block: A
  • Tax Lot: 7
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 30, 2021
Sold by
Seibold Marjorie A
Bought by
Harry Martin A
List Price
$375,000
Sold Price
$381,000
Premium/Discount to List
$6,000
1.6%
Current Estimated Value
$602,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,787
Avg. Annual Appreciation
11.10%

Purchase Details

Listed on
Jun 2, 2017
Closed on
Jan 3, 2018
Sold by
Wolfe Annee M
Bought by
Seibold Marjorie A
Seller's Agent
Nancy Beeh
Pelican Island Realty LLC
List Price
$249,000
Sold Price
$217,500
Premium/Discount to List
-$31,500
-12.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.98%
Original Mortgage
$152,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 5, 2006
Sold by
Wolfe Anne M
Bought by
Wolfe Anne M

Purchase Details

Closed on
Nov 10, 2004
Sold by
Gloeckner David Harris and Gloeckner Carolyn Nancy
Bought by
Wolfe Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Harry Martin A $381,000 Oceanside Title & Escrow
Seibold Marjorie A $217,500 Professional Title Of Indian
Wolfe Anne M -- Live Oak Title Insurance Llc
Wolfe Anne M $399,000 Title Partners Of Indian Riv
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seibold Marjorie A $152,250
Previous Owner Wolfe Anne M $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2021 06/01/21 Sold $381,000 +1.6% $35 / Sq Ft
06/01/2021 06/01/21 For Sale $375,000 +72.4% $35 / Sq Ft
01/09/2018 01/09/18 Sold $217,500 -12.7% $19 / Sq Ft View Prior Sale
12/10/2017 12/10/17 Pending -- -- --
06/02/2017 06/02/17 For Sale $249,000 -- $22 / 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 $5,227 $503,370 $503,370 --
2023 $5,227 $355,955 $0 $0
2022 $4,564 $323,595 $323,595 $0
2021 $2,916 $199,550 $199,550 $0
2020 $2,721 $183,371 $183,371 $0
2019 $2,805 $183,371 $183,371 $0
2018 $2,802 $195,595 $195,595 $0
2017 $2,506 $165,033 $0 $0
2016 $2,419 $165,030 $0 $0
2015 $2,420 $165,030 $0 $0
2014 $1,990 $126,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Beeh

    Seller's Agent in 2018

    Nancy Beeh

    Pelican Island Realty LLC

    (772) 532-7169

    2 in this area

    13 Total Sales

    Nancy Beeh
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 244039

APN: 31-39-23-00004-0001-00007.0

Florida Indian River County 32963 Wabasso Beach

1861 E Shell Ln, FL

This home is located at 1861 E Shell Ln, Wabasso Beach, FL 32963 since 01 June 2021 and is currently estimated at $602,787, approximately $55 per square foot. 1861 E Shell Ln is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River High School.

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