NOT LISTED FOR SALE

1960 Ocean Ridge Cir Vero Beach, FL 32963

Estimated Value: $1,956,572 - $2,784,000

3 Beds
3.5 Baths
3,150 Sq Ft
$801/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $1,375,000 $437 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $15,427/month

163 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Gated Community
  • Beachland Elementary School Rated A-
  • Free Form Pool
  • Deck

About This Home

As of February 2016

Better than oceanfront! Incredible ocean views from every room! Beautifully updated with bamboo floors, chef's kitchen with quartz counters, 3 master bedrooms each with their own balcony, 42' long pool, laundry on each floor, seawall, floor to ceiling coral stone fireplace and much more. Gorgeous gardens and fenced yard.

Last Agent to Sell the Property

Michele Ritchie

Alex MacWilliam, Inc. License #3066272 Listed on: 08/14/2015

Alex MacWilliam, Inc.

Last Buyer's Agent

Charlotte Terry

Alex MacWilliam, Inc. License #0140216

Alex MacWilliam, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,621

Year Built

  • Built in 1987

Lot Details

  • Southwest Facing Home
  • Fenced
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • Sliding Doors
  • Ocean Views
  • Pull Down Stairs to Attic
  • Security System Leased

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Roman Tub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Free Form Pool
  • Beach Access
  • Balcony
  • Deck
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 33402100013000000053.0

Community Details

Overview

  • Association fees include common areas
  • Oceanridge Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,621

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 73-93
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Oceanridge
  • Directions: A1A to Oceanridge, directly across from St. Eds.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1987
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-6509
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Attic, Bathtub, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Master Downstairs, Pull Down Attic Stairs, Split Bedrooms, Vaulted Ceiling(s)
  • Living Area: 3150.0
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Lot Features: Few Trees, < 1/4 Acre
  • Pool Features: Free Form, Electric Heat, Heated, Other, Pool
  • View: Ocean
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Construction Type: Stucco
  • Direction Faces: Southwest
  • Exterior Features: Balcony, Deck, Enclosed Porch, Fence, Sprinkler/Irrigation, Porch, Patio
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Lower Level, Upper Level
  • Security: Security System Leased, Gated Community
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 625.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 33402100013000000053.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9621.0
  • Tax Lot: 53
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Feb 24, 2016
Sold by
Lupo Mary Suzzan and Lupo Jack
Bought by
Pillari George D and Pillari Rosanna L
Seller's Agent
Michele Ritchie
Alex MacWilliam, Inc.
Buyer's Agent
Charlotte Terry
Alex MacWilliam, Inc.
List Price
$1,625,000
Sold Price
$1,375,000
Premium/Discount to List
-$250,000
-15.38%
Current Estimated Value
$2,524,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,149,643
Avg. Annual Appreciation
6.38%
Original Mortgage
$1,237,000
Outstanding Balance
$961,621
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,563,022

Purchase Details

Closed on
Mar 14, 2011
Sold by
Lupo Jack and Lupo Mary Suzzan
Bought by
Lupo Jack and Lupo Mary Suzzan

Purchase Details

Closed on
Jun 27, 2002
Sold by
Hudson Dorothy A
Bought by
Lupo Jack and Lupo Mary Suzzan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.86%
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
Pillari George D $1,375,000 Oceanside Title & Escrow Inc
Pillari George D $1,375,000 Oceanside Title & Escrow Inc
Lupo Jack -- Attorney
Lupo Jack $765,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillari George D $1,237,000
Closed Pillari George D $1,237,000
Previous Owner Lupo Jack $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2016 02/24/16 Sold $1,375,000 -15.4% $437 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
08/14/2015 08/14/15 For Sale $1,625,000 0.0% $516 / Sq Ft
10/01/2013 10/01/13 Rented $3,900 -30.4% --
09/01/2013 09/01/13 Under Contract -- -- --
07/18/2013 07/18/13 For Rent $5,600 -- --
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 $25,915 $1,931,598 $680,177 $1,251,421
2024 $22,209 $1,868,872 $680,177 $1,188,695
2023 $22,209 $1,437,812 $0 $0
2022 $19,269 $1,447,600 $625,762 $821,838
2021 $17,835 $1,264,409 $625,762 $638,647
2020 $15,989 $1,074,724 $462,520 $612,204
2019 $16,585 $1,082,074 $462,520 $619,554
2018 $16,396 $1,055,260 $462,520 $592,740
2017 $16,564 $1,048,574 $0 $0
2016 $10,778 $710,790 $0 $0
2015 $11,167 $705,850 $0 $0
2014 $9,621 $583,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 161660

APN: 33-40-21-00013-0000-00053.0