NOT LISTED FOR SALE

Estimated Value: $6,161,000 - $7,929,806

0.94 Acre
$7,694,967 Price per Acre
40,946 Sq Ft Lot

Last Sold June 30, 2014

Last sale price $950,000

Est. 661% increase in value since last sale

Current estimated payment $43,834/month

127 Days on Market

Highlights

  • Ocean Front
  • 0.94 Acre Lot
  • Additional Land
  • Beachland Elementary School Rated A-
  • Corner Lot

About This Lot

As of June 2014

Approximately an acre with 130+/- ft on the ocean in a gated neighborhood between Orchid Island and Windsor. Community tennis court available. Seawall in place. Excellent elevation. Sizes are approx & subject to error.

Last Agent to Sell the Property

Janyne Kenworthy

One Sotheby's Int'l Realty License #0531319 Listed on: 01/23/2014

One Sotheby's Int'l Realty

Last Buyer's Agent

Janyne Kenworthy

One Sotheby's Int'l Realty License #0531319 Listed on: 01/23/2014

One Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,576

Year Built

  • 2021

Lot Details

  • 0.94 Acre Lot
  • Ocean Front
  • Corner Lot
  • Few Trees
  • Additional Land

Utilities

  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 31391400001000000002.1

Community Details

Overview

  • Sanderling Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$14,576

Year Built

2021

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.94
  • Road Surface Type: Paved
  • Subdivision Name: SANDERLING
  • Directions: A1A north of 510. Community is just north of Orchid Island on the east side. Look for the Sanderling sign.
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2021

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Additional Land Available, Corner Lot, 1/2 to 1 Acre Lot, Few Trees
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

  • Sewer: Connected
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Fee: 600.0

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 40946.0
  • Number Of Lots: 1
  • Parcel #: 31391400001000000002.1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14576.0
  • Tax Block: 0
  • Tax Lot: 2
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2014
Closed on
Jun 25, 2014
Sold by
Nenezian George and Nenezian Clara
Bought by
Mclaughlin Ii Arthur J and Mclaughlin Sandra L
Seller's Agent
Janyne Kenworthy
One Sotheby's Int'l Realty
Buyer's Agent
Janyne Kenworthy
One Sotheby's Int'l Realty
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%
Total Days on Market
127
Current Estimated Value
$7,233,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,283,269
Avg. Annual Appreciation
20.39%

Purchase Details

Closed on
Sep 21, 2010
Sold by
Leighton Armando and Leighton Diane
Bought by
Nenezian George and Nenezian Clara

Purchase Details

Closed on
Aug 27, 2001
Sold by
Collins Thomas H and Collins Gretchen Plate
Bought by
Leighton Armando and Lieghton Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
7.18%
Source: Public Records

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Range of Values:

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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
Mclaughlin Ii Arthur J $950,000 Attorney
Nenezian George -- Attorney
Leighton Armando $1,067,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 6701 Holdings Llc $500,000
Previous Owner Leighton Armando $1,590,000
Previous Owner Leighton Armando $854,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2014 06/30/14 Sold $950,000 -20.5% --
05/31/2014 05/31/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $1,195,000 -- --
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 $65,363 $4,968,397 -- --
2023 $65,363 $4,688,222 $0 $0
2022 $63,792 $4,551,920 $1,568,504 $2,983,416
2021 $17,159 $1,174,249 $1,150,079 $24,170
2020 $17,089 $1,174,249 $1,150,079 $24,170
2019 $16,815 $1,189,268 $1,164,807 $24,461
2018 $14,545 $937,502 $913,659 $23,843
2017 $14,780 $936,208 $0 $0
2016 $13,712 $851,860 $0 $0
2015 $13,587 $808,680 $0 $0
2014 $14,654 $884,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 143397

APN: 31-39-14-00001-0000-00002.1