NOT LISTED FOR SALE

221 Riverway Dr Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $2,466,000 - $3,690,614

5 Beds
4.5 Baths
4,802 Sq Ft
$640/Sq Ft Est. Value

Last Sold March 18, 2013

Last sale price $799,000 $166 Per Sq Ft

Est. 285% increase in value since last sale

Current estimated payment $18,115/month

75 Days on Market

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • River View

About This Home

As of March 2013

This 4800 SqFt Riverfront Pool home has 155 feet on the Intracoastal, a Brand New Dock w/Room for Larger Boat. Half-acre lot. Outdoor Summer Kitchen, Crown Molding, 7 Bay Windows, Built-ins, 3 Car Garage & Electric Shutters. Lg Island Kitchen w/Corian Countertops, Master BR has Fireplace, 13x13 Walk-in Closet & Balcony. 21x17 Master Bath w/Elevated Spa Tub, Bay Window & Separate Shower.

Last Agent to Sell the Property

Karen Mathers

Keller Williams Realty of VB License #0651425 Listed on: 12/02/2012

Keller Williams Realty of VB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,844

Year Built

  • Built in 1989

Lot Details

  • Home fronts navigable water
  • River Front
  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 2 Fireplaces
  • Double Hung Windows
  • Bay Window
  • French Doors
  • River Views
  • Attic Fan
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Laundry Tub

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 33401600014000000030.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Seagrove West Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,844

Year Built

Built in 1989

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: .53 acre
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: SEAGROVE WEST
  • Directions: A1A South to Seagrove West. Cont to stop sign and turn L.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-316-0700
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Marble, Tile
  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Pantry, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Bay Window(s), Double Hung, None

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Fence, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Three Car Garage, Garage Door Opener, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Gated with Guard
  • Cooling: Attic Fan, Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Gutter(s)
  • Association Fee: 850.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Reserve Fund, Security

Schools

  • Elementary School: Beachland Elementary

Lot Info

  • Parcel #: 33401600014000000030.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15844.0
  • Tax Lot: 30
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2012
Closed on
Feb 20, 2013
Sold by
Wilmington Trust Company
Bought by
Armstead Dr Adam and Armstead Denyse
Seller's Agent
Karen Mathers
Keller Williams Realty of VB
List Price
$849,900
Sold Price
$799,000
Premium/Discount to List
-$50,900
-5.99%
Current Estimated Value
$3,074,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,275,404
Avg. Annual Appreciation
11.43%
Original Mortgage
$718,300
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2012
Sold by
Citimortgage Inc
Bought by
Wilmington Trust Company and Pmc Reo Financing Trust

Purchase Details

Closed on
Jul 13, 2012
Sold by
Bruce Richard and Bruce Janet
Bought by
Citimortgage Inc

Purchase Details

Closed on
May 26, 2006
Sold by
Brumberger Mathew James and Brumberger Katherine
Bought by
Bruce Richard and Bruce Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Armstead Dr Adam $799,000 Attorney
Wilmington Trust Company -- Attorney
Citimortgage Inc $444,100 None Available
Bruce Richard $1,512,500 Coastal Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armstead Adam $1,000,000
Previous Owner Armstead Dr Adam $718,300
Previous Owner Bruce Richard $153,000
Previous Owner Bruce Richard $350,000
Previous Owner Bruce Richard $105,000
Previous Owner Bruce Richard $1,415,000
Previous Owner Bruce Richard $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2013 03/18/13 Sold $799,000 -6.0% $166 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
12/02/2012 12/02/12 For Sale $849,900 -- $177 / 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 $16,754 $1,305,800 -- --
2023 $16,754 $1,232,038 $0 $0
2022 $16,374 $1,196,153 $0 $0
2021 $16,446 $1,161,314 $0 $0
2020 $16,452 $1,145,281 $0 $0
2019 $16,558 $1,119,532 $0 $0
2018 $16,464 $1,098,657 $0 $0
2017 $16,387 $1,076,060 $0 $0
2016 $16,193 $1,051,890 $0 $0
2015 $16,453 $1,024,870 $0 $0
2014 $16,091 $1,016,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Mathers

    Seller's Agent in 2013

    Karen Mathers

    Keller Williams Realty of VB

    (772) 532-3224

    20 Total Sales

    Karen Mathers
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 132820

APN: 33-40-16-00014-0000-00030.0

Florida Indian River County Vero Beach 32963 South Beach

221 Riverway Dr, Vero Beach, FL

This home is located at 221 Riverway Dr, Vero Beach, FL 32963 since 02 December 2012 and is currently estimated at $3,074,404, approximately $640 per square foot. This property was built in 1989. 221 Riverway Dr is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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