NOT LISTED FOR SALE

225 Ocean Way Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $1,966,644

4 Beds
5 Baths
3,990 Sq Ft
$493/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $862,500 $216 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $11,781/month

71 Days on Market

Highlights

  • Beach Access
  • Steam Room
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Vaulted Ceiling

About This Home

As of May 2015

Bright and airy beach home located directly across the street from beach access in lovely Seagrove. Granite and stainless kitchen, updates throughout. Rare 4 bedroom/5 bathroom east of A1A. Huge walk in closets and plenty of storage. Hidden murphy bed creates add'l guest room. Dock with lift and dock box available for purchase separately in Seagrove West. True Ocean to River Living!

Last Agent to Sell the Property

Peggie Hollinger

Florida Homes Realty & Mort License #3310000 Listed on: 02/02/2015

Florida Homes Realty & Mort

Last Buyer's Agent

Christine Barry

One Sotheby's Int'l Realty License #3264562

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,366

Year Built

  • Built in 1981

Lot Details

  • East Facing Home
  • Corner Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 2-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Bay Window
  • Casement Windows
  • Sliding Doors
  • Steam Room
  • Sauna
  • Property Views

Kitchen

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

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Heated Pool
  • Screen Enclosure

Outdoor Features

  • Beach Access
  • Balcony
  • Covered patio or porch
  • Rain Gutters

Utilities

  • Zoned Heating and Cooling
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 33401600008000600001.0

Community Details

Overview

  • Association fees include common areas
  • Seagrove Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,366

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 16533
  • Ownership: Single Family/Other
  • Subdivision Name: SEAGROVE
  • Directions: South on Highway A1A from Causeway to Seagrove East. Corner of Ocean Way and Seagrove Dr.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1981
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-360-4572
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Steam Room
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Slate, Wood
  • Interior Amenities: Crown Molding, High Ceilings, Kitchen Island, Master Downstairs, Skylights, Sauna, Vaulted Ceiling(s), Walk-In Closet(s)
  • Stories: 2
  • Window Features: Bay Window(s), Casement Window(s), Skylight(s)

Exterior Features

  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Other
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: Balcony, Sprinkler/Irrigation, Porch, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Association Fee: 985.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Schools

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

Lot Info

  • Parcel #: 33401600008000600001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8366.0
  • Tax Lot: 1
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2015
Closed on
May 15, 2015
Sold by
Hollinger Christopher and Hollinger Peggie
Bought by
Chin Tao and Chin Erin
Seller's Agent
Peggie Hollinger
Florida Homes Realty & Mort
Buyer's Agent
Christine Barry
One Sotheby's Int'l Realty
List Price
$925,000
Sold Price
$862,500
Premium/Discount to List
-$62,500
-6.76%
Current Estimated Value
$1,966,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,104,144
Avg. Annual Appreciation
8.39%
Original Mortgage
$690,000
Outstanding Balance
$541,407
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$1,425,237

Purchase Details

Closed on
May 11, 2011
Sold by
Gould Wayne K and Gould Amy B
Bought by
Hollinger Christopher and Hollinger Peggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$587,000
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2007
Sold by
Kravitz David and Kravitz Jacqueline
Bought by
Gould Wayne K and Gould Amy B

Purchase Details

Closed on
Dec 15, 2003
Sold by
Gooding Julia M and Rippe Julia M
Bought by
Kravitz David and Kravitz Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,950
Interest Rate
5.98%
Source: Public Records

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
Chin Tao $862,500 Oceanside Title & Escrow
Hollinger Christopher $587,000 Attorney
Gould Wayne K $750,000 First American Title Ins Co
Kravitz David $688,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Tao $690,000
Previous Owner Hollinger Christopher $177,500
Previous Owner Hollinger Christopher $582,000
Previous Owner Hollinger Christopher $587,000
Previous Owner Kravitz David $550,950
Previous Owner Ripps Julia Gooding $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $862,500 -6.8% $216 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $925,000 -- $232 / 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 $11,044 $871,085 -- --
2023 $11,044 $821,879 $0 $0
2022 $10,788 $797,941 $0 $0
2021 $10,827 $774,700 $0 $0
2020 $10,824 $764,004 $390,221 $373,783
2019 $11,038 $756,688 $0 $0
2018 $10,971 $742,579 $0 $0
2017 $10,914 $727,305 $0 $0
2016 $10,983 $723,690 $0 $0
2015 $10,109 $654,510 $0 $0
2014 -- $506,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Peggie Hollinger

    Florida Homes Realty & Mort

    (772) 559-2173

    2 in this area

    25 Total Sales

    Section Image

  • C

    Buyer's Agent in 2015

    Christine Barry

    One Sotheby's Int'l Realty

    (781) 910-5602

    8 in this area

    37 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 152867

APN: 33-40-16-00008-0006-00001.0

Florida Indian River County Vero Beach 32963 South Beach

225 Ocean Way, Vero Beach, FL

This home is located at 225 Ocean Way, Vero Beach, FL 32963 since 02 February 2015 and is currently priced at $1,966,644, approximately $492 per square foot. This property was built in 1981. 225 Ocean Way 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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