NOT LISTED FOR SALE

231 Binnacle Point Vero Beach, FL 32963

Estimated Value: $4,267,000 - $5,442,557

5 Beds
5.5 Baths
5,682 Sq Ft
$848/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $2,900,000 $510 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $29,842/month

90 Days on Market

Highlights

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

About This Home

As of October 2020

The perfect balance of luxury & casual coastal living combine with stunning water views & location in this exquisite home. 4BR, 4.5BA in main house; 1BR,1BA guest house & over 238 ft. of deep water frontage! Recent renovations include all new A/Cs, ductwork, gourmet kitchen, master bath & air conditioned garage. 24HR guard gated community with private beach access.

Last Agent to Sell the Property

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 06/21/2020

Last Buyer's Agent

Erika Ross

The Moorings Realty Sales Co. License #3204519 Listed on: 06/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,085

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 143x171
  • Home fronts navigable water
  • River Front
  • Cul-De-Sac
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • River
  • Canal

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 5,682 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • 3 Fireplaces
  • Blinds
  • French Doors

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Canal Access
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 131
  • Assessor Parcel Number 33402100008000000131.0

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,085

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 143x171
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: ANCHOR THE MOORINGS
  • Directions: From 17th St. Bridge, south on Hwy. A1A to The Moorings. West on Regatta Drive. Right on Springline Drive to Anchor Guard house. Guard will direct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1991
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Elevator, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 5682.0
  • Stories: 2
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Cul-De-Sac, 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Canal, Intercoastal, River
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, River Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Security: Security System Owned, Gated with Guard, Security Guard
  • Cooling: 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: Basketball Court, Other, Playground, Tennis Court(s), Gutter(s)
  • Association Fee: 233.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 33402100008000000131.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 33085.0
  • Tax Lot: 131
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2020
Closed on
Oct 20, 2020
Sold by
Silver Michael J and Rothenberger Melissa
Bought by
Day Raymond F and Day Deborah K
Seller's Agent
Erika Ross
The Moorings Realty Sales Co.
Buyer's Agent
Erika Ross
The Moorings Realty Sales Co.
List Price
$3,195,000
Sold Price
$2,900,000
Premium/Discount to List
-$295,000
-9.23%
Current Estimated Value
$4,817,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,917,639
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,900,000
Outstanding Balance
$1,679,117
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$3,138,522

Purchase Details

Closed on
Jul 5, 2012
Sold by
Silver Michael J and Rothenberger Melissa
Bought by
Silver Michael J and Rothenberger Melissa

Purchase Details

Closed on
Aug 16, 2011
Sold by
Smith Walter C and Smith Rennie J
Bought by
Rothenberger Melissa

Purchase Details

Closed on
Apr 28, 2000
Sold by
Miranda Fernando
Bought by
Smith Walter C and Smith Rennie J

Purchase Details

Closed on
Dec 21, 1999
Sold by
Lovell Alice Katherine and Miranda Alice Lovell
Bought by
Miranda Fernando
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
Day Raymond F $2,900,000 Attorney
Silver Michael J -- Attorney
Rothenberger Melissa $2,100,000 Attorney
Smith Walter C $1,575,000 --
Miranda Fernando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Day Raymond F $1,900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2020 10/20/20 Sold $2,900,000 -9.2% $510 / Sq Ft
09/20/2020 09/20/20 Pending -- -- --
06/21/2020 06/21/20 For Sale $3,195,000 -- $562 / 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
2025 $55,816 $4,541,121 $1,857,250 $2,683,871
2024 $45,068 $4,101,513 $1,564,000 $2,537,513
2023 $45,068 $2,920,133 $0 $0
2022 $40,206 $3,124,727 $1,319,625 $1,805,102
2021 $35,225 $2,413,333 $918,000 $1,495,333
2020 $32,790 $2,212,396 $918,000 $1,294,396
2019 $34,024 $2,227,612 $918,000 $1,309,612
2018 $33,085 $2,136,499 $918,000 $1,218,499
2017 $31,900 $2,048,658 $0 $0
2016 $29,572 $1,892,300 $0 $0
2015 $28,252 $1,742,420 $0 $0
2014 $24,740 $1,507,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erika Ross

    Seller's Agent in 2020

    Erika Ross

    The Moorings Realty Sales Co.

    (772) 473-7762

    123 in this area

    147 Total Sales

    Erika Ross
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 233460

APN: 33-40-21-00008-0000-00131.0

Florida Indian River County Vero Beach 32963

231 Binnacle Point, Vero Beach, FL

Not Listed for Sale

Detached

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