NOT LISTED FOR SALE

Estimated Value: $4,753,000 - $9,065,000

5 Beds
9 Baths
8,691 Sq Ft
$839/Sq Ft Est. Value

About This Home

This home is located at 196 Ocean Way, Vero Beach, FL 32963 and is currently estimated at $7,290,926, approximately $838 per square foot. 196 Ocean Way is a home with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2024
Sold by
Gellein Jacquelyn B
Bought by
Raymond L Gellein Jr Revocable Trust and Gellein
Current Estimated Value
$7,388,820

Purchase Details

Closed on
Dec 29, 2012
Sold by
Gellein Raymond L
Bought by
Gellein Raymond L

Purchase Details

Closed on
Oct 27, 2006
Sold by
Everett James L and Everett Marjorie S
Bought by
196 Ocean Way Llc

Purchase Details

Closed on
Oct 2, 1995
Sold by
Everett James L and Everett Marjorie S
Bought by
Northern Tr Bk Vero Bch
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Raymond L Gellein Jr Revocable Trust -- None Listed On Document
Gellein Raymond L -- Attorney
Gellein Raymond L -- Attorney
Gellein Raymond L -- Attorney
196 Ocean Way Llc $2,100,000 Attorney
Northern Tr Bk Vero Bch $750,000 --
Source: Public Records

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 $95,896 $7,939,401 $2,108,735 $5,830,666
2023 $95,896 $6,209,945 $0 $0
2022 $82,027 $6,095,475 $2,024,726 $4,070,749
2021 $74,737 $5,132,186 $2,024,726 $3,107,460
2020 $74,397 $5,031,765 $2,024,726 $3,007,039
2019 $79,953 $5,246,775 $2,239,736 $3,007,039
2018 $79,086 $5,118,980 $2,239,736 $2,879,244
2017 $75,447 $4,916,808 $0 $0
2016 $74,732 $5,174,940 $0 $0
2015 $64,659 $3,896,540 $0 $0
2014 $59,080 $3,602,480 $0 $0
Source: Public Records

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