NOT LISTED FOR SALE

225 Binnacle Point Vero Beach, FL 32963

Estimated Value: $2,635,000 - $3,364,000

3 Beds
3.5 Baths
3,218 Sq Ft
$905/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2020

Last sale price $1,700,000 $528 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $17,290 / mo

51 Days on Market

Highlights

  • Beach Access
  • Gated with Attendant
  • River Front
  • Beachland Elementary School Rated A-
  • Pool
  • Canal View

About This Home

As of June 2020

Exquisite CBS pool home w/ beautiful waterfront view built in 2000 & renovated in 2008. The home centers around a screened lanai w/ vaulted, beamed ceilings - a peaceful place to enjoy morning coffee & sunsets. Kitchen features soapstone countertops & wet bar. Split floor plan lends privacy to a spacious & elegant master suite. Handsome office with built ins. Beautiful detail throughout.

Last Agent to Sell the Property

Charlotte Terry

Alex MacWilliam, Inc. License #0140216 Listed on: 03/26/2020

Alex MacWilliam, Inc.

Last Buyer's Agent

Kathleen Provancher

One Sotheby's Int'l Realty License #3258812

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,230

Year Built

  • Built in 2000

Lot Details

  • 25,700 Sq Ft Lot
  • River Front
  • South Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,218 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Canal

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Canal Access
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 125
  • Assessor Parcel Number 33402100008000000125.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Anchor The Moorings Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,230

Year Built

Built in 2000

Lot Details

0.59 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.59
  • Lot Size: 25,700
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: ANCHOR THE MOORINGS
  • Directions: South on A1A, right onto Regatta Drive, right onto Springline Drive. At roundabout bear right to Spinnaker Dr. 225 Binnacle Pt is straight ahead.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2000
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-6509
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: Wet Bar, Crown Molding, High Ceilings, Kitchen Island, Master Downstairs, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Living Area: 3218.0
  • Stories: 1
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Pool, Canal
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, River Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Enclosed Porch, Fence, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Security System Owned, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Basketball Court, Other, Tennis Court(s), Gutter(s)
  • Association Fee: 233.33
  • Pets Allowed: Yes

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402100008000000125.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21230.0
  • Tax Lot: 125
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2020
Closed on
Jun 16, 2020
Sold by
Terp Thomas T
Bought by
Mahaney Donald Bradford and Mahaney Janice Ann
Seller's Agent
Charlotte Terry
Alex MacWilliam, Inc.
Buyer's Agent
Kathleen Provancher
One Sotheby's Int'l Realty
List Price
$1,695,000
Sold Price
$1,700,000
Premium/Discount to List
$5,000
0.29%
Current Estimated Value
$2,911,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,211,926
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Jan 25, 2016
Sold by
Davidson Davidson R and Davidson Marianne
Bought by
Terp Thomas T

Purchase Details

Closed on
Aug 26, 2008
Sold by
Dickson Richard B
Bought by
Davidson R Thomas and Davidson Marianne

Purchase Details

Closed on
Dec 29, 1998
Sold by
Boardman Harold F and Boardman Martha E
Bought by
Dickson Averly H

Purchase Details

Closed on
Nov 21, 1997
Sold by
Gottlieb Joan F
Bought by
Boardman Harold F and Boardman Martha E
Source: Public Records
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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
Mahaney Donald Bradford $1,700,000 Attorney
Terp Thomas T $1,600,000 Attorney
Davidson R Thomas $1,482,642 Attorney
Dickson Averly H $300,000 --
Boardman Harold F $275,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2020 06/16/20 Sold $1,700,000 +0.3% $528 / Sq Ft
05/17/2020 05/17/20 Pending -- -- --
03/26/2020 03/26/20 For Sale $1,695,000 +5.9% $527 / Sq Ft
01/25/2017 01/25/17 Sold $1,600,000 -13.5% $497 / Sq Ft View Prior Sale
12/26/2016 12/26/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $1,850,000 -- $575 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $22,223 $1,595,102 -- --
2024 $20,563 $1,595,102 -- --
2023 $20,563 $1,504,998 $0 $0
2022 $20,100 $1,461,163 $0 $0
2021 $20,195 $1,418,605 $765,000 $653,605
2020 $20,601 $1,425,740 $765,000 $660,740
2019 $21,230 $1,425,950 $765,000 $660,950
2018 $21,287 $1,410,677 $765,000 $645,677
2017 $20,926 $1,325,878 $0 $0
2016 $15,021 $977,460 $0 $0
2015 $15,565 $970,670 $0 $0
2014 $15,222 $962,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Charlotte Terry

    Alex MacWilliam, Inc.

    (772) 231-6509

    7 in this area

    116 Total Sales

    Charlotte Terry
    Section Image
  • Kathleen Provancher

    Buyer's Agent in 2020

    Kathleen Provancher

    One Sotheby's Int'l Realty

    (772) 538-9700

    4 in this area

    223 Total Sales

    Kathleen Provancher
    Section Image

  • P

    Seller's Agent in 2017

    Patty Valdes

    Alex MacWilliam, Inc.

    (772) 473-8810

    5 in this area

    71 Total Sales

    Patty Valdes
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 231327

APN: 33-40-21-00008-0000-00125.0

Florida Indian River County Vero Beach 32963

225 Binnacle Point, Vero Beach, FL

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