NOT LISTED FOR SALE

220 Coconut Palm Rd Indn Riv Shrs, FL 32963

Estimated Value: $6,835,176 - $8,139,000

0.56 Acre
$13,578,080 Price per Acre
24,394 Sq Ft Lot

Last Sold June 20, 2014

Last sale price $995,000 $41 Per Sq Ft

Est. 664% increase in value since last sale

Current estimated payment $45,483/month

1 Day on Market

Highlights

  • Beach Access
  • Golf Course Community
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Home fronts navigable water
  • Private Membership Available

About This Lot

As of June 2014

SITUATED ALONG THE JOHN'S ISLAND SOUND, THIS CANALFRONT LOT FEATURES 130 FEET OF RIVER FRONTAGE, SEAWALL, AND GORGEOUS OAK TREES ON OVER HALF ACRE. PRIVATE WATERFRONT HOMESITE CONVENIENTLY LOCATED NEAR BOTH J.I. SOUTH GATES. VERY UNIQUE OPPORTUNITY WITH THE TWO ADJACENT CANALFRONT LOTS ALSO AVAILABLE FOR SALE FROM SAME OWNER. BRING YOUR OWN ARCHITECT, BUILDER/CONTRACTORS, DECORATOR, ETC.

Last Agent to Sell the Property

Clifford Norris

Cliff Norris Real Estate License #0685596 Listed on: 05/19/2014

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,800

Lot Details

  • 0.56 Acre Lot
  • Home fronts navigable water
  • Few Trees
  • Additional Land

Home Design

  • 24,395 Sq Ft Home

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 32391300002000000005.0

Community Details

Overview

  • Association fees include common areas, security
  • Private Membership Available
  • John's Island Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Beach Access
  • Access To Intracoastal Waterway
  • Canal Access
  • Seawall

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Property Type

Land

Est. Annual Taxes

$8,800

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.56
  • Road Surface Type: Paved
  • Subdivision Name: JOHN'S ISLAND
  • Directions: HIGHWAY A1A TO JOHN'S ISLAND SOUTH GATE. GUARDS CAN DIRECT.
  • Attribution Contact: 772-231-5595
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 24395.0

Exterior Features

  • Lot Features: Additional Land Available, 1/2 to 1 Acre Lot, Few Trees
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, Seawall, Beach Access
  • Waterfront: Yes

Utilities

  • Security: Gated with Guard, Security Guard
  • Sewer: Connected
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Curbs, Golf, Storm Drain(s), Tennis Court(s), Water Access
  • Association Fee: 2085.0

Fee Information

  • Association Fee Includes: Common Areas, Other, Security

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 24395.0
  • Number Of Lots: 1
  • Parcel #: 32391300002000000005.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8800.0
  • Tax Block: 0
  • Tax Lot: 5
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Ktlc Coconut Palm Llc
Bought by
Hollingsworth Joe G and Hollingsworth Nancy
Current Estimated Value
$7,603,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,225,746
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$5,377,979

Purchase Details

Closed on
Jun 5, 2019
Sold by
Padgett Sarah Catherine
Bought by
Ktlc Cocount Palm Llc

Purchase Details

Listed on
May 19, 2014
Closed on
Jun 18, 2014
Sold by
Rollins R Randall and Rollins Gary W
Bought by
Padgett Sarah Catherine
Seller's Agent
Clifford Norris
Cliff Norris Real Estate
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$995,000
Sold Price
$995,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.60%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Rollins R Randall and Rollins Gary W
Bought by
Tippie Henry B and Randall Rollins R
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
Hollingsworth Joe G $4,550,000 Riomar Title Llc
Ktlc Cocount Palm Llc $1,245,000 Riomar Title Llc
Padgett Sarah Catherine -- Attorney
Padgett Sarah Catherine $2,985,000 Attorney
Tippie Henry B -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hollingsworth Joe G $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2014 06/20/14 Sold $995,000 0.0% $41 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $995,000 -- $41 / 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 $68,202 $7,228,613 $2,678,520 $4,550,093
2023 $68,202 $4,723,039 $0 $0
2022 $56,667 $5,230,428 $1,741,038 $3,489,390
2021 $48,409 $3,903,338 $1,339,260 $2,564,078
2020 $16,864 $1,339,260 $1,339,260 $0
2019 $16,961 $1,339,260 $1,339,260 $0
2018 $16,540 $1,339,260 $1,339,260 $0
2017 $14,658 $1,104,890 $0 $0
2016 $13,489 $948,640 $0 $0
2015 $14,152 $948,640 $0 $0
2014 $11,734 $892,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 146575

APN: 32-39-13-00002-0000-00005.0