NOT LISTED FOR SALE

Estimated Value: $2,876,000 - $4,813,000

3 Beds
3 Baths
3,530 Sq Ft
$1,146/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $2,800,000 $793 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $25,407/month

326 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Wooded Lot
  • Beachland Elementary School Rated A-
  • 1.07 Acre Lot
  • Wood Flooring

About This Home

As of December 2020

Custom estate on 1.07 AC w/100' oceanfront! Pierce Brothers-built, absolute privacy! Flex 3,580/SF 'use it all' open concept plan w/2 masters, walls of glass, bedr 3/den. Soaring ceilings,coral stone fireplace, granite kitchen, custom built-ins! 3G! Built to Miami-Dade code! No HOA, set on 1 of only 2 sectors of acreting beach w/18' elevation for peace of mind! Offered below replacement!

Last Agent to Sell the Property

Sally Daley

Douglas Elliman Florida LLC License #3106981 Listed on: 12/20/2019

Douglas Elliman Florida LLC

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,672

Year Built

  • Built in 2003

Lot Details

  • 1.07 Acre Lot
  • Lot Dimensions are 100x468
  • Ocean Front
  • West Facing Home
  • Sprinkler System
  • Wooded Lot
  • Many Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • Tile Roof

Interior Spaces

  • 3,530 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • 1 Fireplace
  • Double Hung Windows
  • Casement Windows
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Water Purifier
  • Septic Tank

Community Details

  • Kansas City Colony Subdivision

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 33403400001000000025.2

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,672

Year Built

Built in 2003

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 1.07
  • Lot Size: 100x468
  • Ownership: Single Family/Other
  • Subdivision Name: Kansas City Colony
  • Directions: A1A S
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2003
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-9938
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Down Draft, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic, Built-in Features, Bathtub, Closet Cabinetry, Jetted Tub, Pantry, Pull Down Attic Stairs, Walk-In Closet(s)
  • Living Area: 3530.0
  • Stories: 1
  • Window Features: Casement Window(s), Double Hung, Impact Glass, None
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: 1-3 Acres, Moderate Trees
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Pool, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Sprinkler/Irrigation, Outdoor Shower, Porch, Rain Gutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Name: None
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33403400001000000025.2
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22672.0
  • Tax Lot: 25
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2022
Sold by
Morris and Elycia
Bought by
Kahler Brennan L and Kahler Christine B
Current Estimated Value
$4,043,739

Purchase Details

Listed on
Dec 20, 2019
Closed on
Dec 4, 2020
Sold by
Hoppe Leigh B
Bought by
Morris James and Morris Elycia
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$3,500,000
Sold Price
$2,800,000
Premium/Discount to List
-$700,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$1,000,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2011
Sold by
Round Island Plantation Llc
Bought by
Round Island Investors Llc

Purchase Details

Closed on
Dec 27, 2006
Sold by
Hoppe John L
Bought by
Hoppe Leigh B

Purchase Details

Closed on
Jun 17, 2005
Sold by
Bonefish Bay Llc
Bought by
Round Island Plantation Llc

Purchase Details

Closed on
May 28, 2004
Sold by
Vero Drive Llc
Bought by
Bonefish Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,725,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Wilson Gregory L
Bought by
Vero Drive Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,725,000
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Global 3 L P
Bought by
Wilson Gregory L

Purchase Details

Closed on
Jun 20, 2003
Sold by
Oriaku Iheonu U and Oriaku Marisa
Bought by
Oriaku Iheonu U and Oriaku Marisa

Purchase Details

Closed on
Aug 12, 2002
Sold by
Taylor James A
Bought by
Oriaku Iheonu U and Oriaku Marisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$892,500
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2002
Sold by
Stebbins Richard
Bought by
Global Ptnr 3 L P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2000
Sold by
Rivera Luis
Bought by
Taylor James A

Purchase Details

Closed on
Mar 11, 1999
Sold by
Pfadenhauer Paul J and Sibberns William N
Bought by
Hoppe John L and Hoppe Leigh B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,312
Interest Rate
6.94%

Purchase Details

Closed on
Feb 9, 1999
Sold by
Clerk Circuit Court
Bought by
Barnett Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,312
Interest Rate
6.94%
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
Kahler Brennan L $4,145,000 Block & Scarpa
Morris James $2,800,000 Premier Ttl Partners Of Fl L
Round Island Investors Llc -- None Available
Hoppe Leigh B -- Attorney
Round Island Plantation Llc $1,500,000 --
Bonefish Bay Llc $1,185,800 --
Vero Drive Llc -- --
Wilson Gregory L $168,300 --
Oriaku Iheonu U -- --
Oriaku Iheonu U $1,190,000 --
Global Ptnr 3 L P -- --
Taylor James A $785,000 --
Hoppe John L $270,000 --
Barnett Bk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris James $1,000,000
Previous Owner Hoppe Leigh B $524,000
Previous Owner Hoppe Leigh B $530,000
Previous Owner Vero Drive Llc $4,725,000
Previous Owner Oriaku Iheonu U $892,500
Previous Owner Hoppe John L $750,000
Previous Owner Hoppe John L $220,312
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $2,800,000 -20.0% $793 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
12/20/2019 12/20/19 For Sale $3,500,000 -- $992 / 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 $48,641 $3,511,825 $2,422,500 $1,089,325
2023 $48,641 $3,483,173 $2,422,500 $1,060,673
2022 $32,671 $2,358,031 $0 $0
2021 $32,844 $2,289,350 $0 $0
2020 $22,644 $1,564,795 $0 $0
2019 $22,798 $1,529,614 $0 $0
2018 $22,672 $1,501,094 $0 $0
2017 $22,573 $1,470,220 $0 $0
2016 $22,354 $1,439,980 $0 $0
2015 $23,164 $1,429,980 $0 $0
2014 $22,664 $1,418,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 228366

APN: 33-40-34-00001-0000-00025.2