NOT LISTED FOR SALE

1975 Ocean Ridge Cir Vero Beach, FL 32963

Estimated Value: $2,806,000 - $3,623,000

5 Beds
4.5 Baths
6,831 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $3,500,000 $512 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $20,855/month

228 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Vaulted Ceiling
  • Beachland Elementary School Rated A-
  • Gated Community
  • Outdoor Kitchen

About This Home

As of June 2023

Designed for ocean views from nearly every room, this renovated legacy residence with new 2022 roof + kitchen reno is a showstopper - views, luxe finishes + smart flex plan w/full masonry construction for peace of mind! Ocean view terraces, 2 island kitchen w/wine cellar, butlers + delights like bunkie room, gym, flex 1st floor + elevator! like oceanfront w/o the price! 1 lot to beach!

Last Agent to Sell the Property

Sally Daley

Douglas Elliman Florida LLC License #3106981 Listed on: 10/19/2022

Douglas Elliman Florida LLC

Last Buyer's Agent

Brad Shearer

Berkshire Hathaway Florida License #0700673

Berkshire Hathaway Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,358

Year Built

  • Built in 2007

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 115x117
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 6,831 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • 2 Fireplaces
  • Awning
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Slate Flooring
  • Ocean Views

Kitchen

  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Balcony
  • Patio
  • Outdoor Kitchen

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Power Generator
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 33402100013000000015.0

Community Details

Overview

  • Association fees include common areas, security
  • Ar Choice Association
  • Oceanridge Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,358

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 115x117
  • Ownership: Single Family/Other
  • Subdivision Name: Oceanridge
  • Directions: South on A1A to Ocean Ridge. Across from St. Edward's School.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2007
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-763-1500
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Freezer, Disposal, Microwave, Range, Refrigerator, Water Softener Owned, Wine Cooler, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Slate
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, Elevator, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 6831.0
  • Stories: 3
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Ocean
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Awning(s), Balcony, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Patio, Propane Tank - Owned
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Laundry Room, Upper Level
  • Security: Gated Community
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 70.0
  • Association Name: AR Choice
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 33402100013000000015.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13358.0
  • Tax Lot: 15
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2022
Closed on
Jun 20, 2023
Sold by
1975 Ocean Ridge Circle Llc
Bought by
Awomolo Adesola
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
Brad Shearer
Berkshire Hathaway Florida
List Price
$3,700,000
Sold Price
$3,500,000
Premium/Discount to List
-$200,000
-5.41%
Views
65
Current Estimated Value
$3,275,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$224,152
Avg. Annual Appreciation
-2.60%
Original Mortgage
$1,500,000
Outstanding Balance
$1,456,368
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$1,819,480

Purchase Details

Listed on
Feb 17, 2021
Closed on
Jun 16, 2021
Sold by
Upadhyay Bharat and Upadhyay Urvi
Bought by
1975 Ocean Ridge Circle Llc
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
Sally Daley
Douglas Elliman Florida LLC
List Price
$3,000,000
Sold Price
$2,700,000
Premium/Discount to List
-$300,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.78%
Original Mortgage
$2,124,920
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2002
Sold by
33 Corp
Bought by
Upadhyay Bharat and Upadhyay Urvi

Purchase Details

Closed on
Jul 24, 2000
Sold by
Citron Gladys and Morgen Ruth
Bought by
33 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.23%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Freed Shari
Bought by
33 Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Awomolo Adesola $3,500,000 None Listed On Document
1975 Ocean Ridge Circle Llc $2,656,200 Attorney
Upadhyay Bharat $220,000 --
33 Corp -- --
33 Corp $80,000 --
33 Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Awomolo Adesola $1,500,000
Previous Owner 1975 Ocean Ridge Circle Llc $2,124,920
Previous Owner 33 Corp $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2023 06/20/23 Sold $3,500,000 -5.4% $512 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
10/19/2022 10/19/22 For Sale $3,700,000 +37.0% $542 / Sq Ft
06/18/2021 06/18/21 Sold $2,700,000 -10.0% $395 / Sq Ft View Prior Sale
05/19/2021 05/19/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $3,000,000 -- $439 / 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
2025 $43,674 $3,122,628 $444,947 $2,677,681
2024 $36,335 $2,987,525 $444,947 $2,542,578
2023 $36,335 $2,388,877 $0 $0
2022 $30,599 $2,170,981 $409,351 $1,761,630
2021 $13,358 $948,872 $0 $0
2020 $13,360 $935,771 $0 $0
2019 $13,442 $914,732 $0 $0
2018 $13,364 $897,676 $0 $0
2017 $13,298 $879,213 $0 $0
2016 $13,165 $861,130 $0 $0
2015 $13,641 $855,150 $0 $0
2014 $13,337 $848,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sally Daley

    Seller's Agent in 2023

    Sally Daley

    Douglas Elliman Florida LLC

    (772) 538-4503

    11 in this area

    149 Total Sales

    Sally Daley
    Section Image

  • B

    Buyer's Agent in 2023

    Brad Shearer

    Berkshire Hathaway Florida

    (772) 538-0330

    2 in this area

    27 Total Sales

    Brad Shearer
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 263352

APN: 33-40-21-00013-0000-00015.0

Florida Indian River County Vero Beach 32963

1975 Ocean Ridge Cir, Vero Beach, FL

Not Listed for Sale

Detached

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