NOT LISTED FOR SALE

255 Riverway Dr Vero Beach, FL 32963

Estimated Value: $3,692,000 - $5,281,000

5 Beds
6.5 Baths
5,336 Sq Ft
$825/Sq Ft Est. Value

Last Sold March 04, 2020

Last sale price $1,675,000 $314 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $25,828/month

640 Days on Market

Highlights

  • Water Access
  • Cabana
  • Deck
  • Beachland Elementary School Rated A-
  • River View
  • Vaulted Ceiling

About This Home

As of March 2020

Spacious & well-maintained 5BR+ office estate w/direct riverfront views, fireplace, volume ceilings, three car garage, & dock. Perfect home for entertaining! Master suite w/ built-ins, dual walk-in closets, & spa-like bath. A plethora of doors/sliders allow indoor/outdoor livings areas to flow seamlessly. 24-hr. guard gated community, tennis; close to St. Edward's School & Ocean Dr.

Co-Listed By

Michael Thorpe

One Sotheby's Int'l Realty License #3230082

One Sotheby's Int'l Realty

Last Buyer's Agent

Sally Woods

Dale Sorensen Real Estate Inc. License #0543635

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,321

Year Built

  • Built in 1988

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 104x171
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 5,336 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Casement Windows
  • Sliding Doors
  • River Views
  • Hurricane or Storm Shutters

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Cabana
  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Patio
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 33401600014000000017.0

Community Details

Overview

  • Association fees include common areas
  • Seagrove West Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,321

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.47
  • Lot Size: 104x171
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Single Family/Other
  • Subdivision Name: Seagrove West
  • Directions: A1A south to Seagrove West. 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: 1988
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 5336.0
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation, Patio, Rain Gutters, Storm/Security Shutters
  • Other Structures: Cabana
  • Patio And Porch Features: Deck, Patio
  • 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: Laundry Room, Laundry Tub
  • Cooling: Central Air, Ceiling Fan(s), 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: Other, Tennis Court(s), Water Access, Gutter(s)
  • Association Fee: 233.25
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other

Schools

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

Lot Info

  • Parcel #: 33401600014000000017.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18321.0
  • Tax Lot: 17
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Mar 9, 2020
Sold by
Mitohell Erika
Bought by
Snyder Irene H and Snyder Thomas D
Buyer's Agent
Sally Woods
Dale Sorensen Real Estate Inc.
List Price
$2,295,000
Sold Price
$1,675,000
Premium/Discount to List
-$620,000
-27.02%
Current Estimated Value
$4,402,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,727,906
Avg. Annual Appreciation
18.10%
Original Mortgage
$2,000,000
Outstanding Balance
$1,772,509
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$2,630,397

Purchase Details

Closed on
Nov 9, 2007
Sold by
Mitchell Ronald and Mitchell Erika
Bought by
Mitchell Erika
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Snyder Irene H $167,500 Elite Title Of The Treasure
Mitchell Erika $119,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Irene H $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2020 03/04/20 Sold $1,675,000 -27.0% $314 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
05/03/2018 05/03/18 For Sale $2,295,000 -- $430 / 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 $32,291 $3,007,348 -- --
2024 $27,400 $2,701,000 -- --
2023 $27,400 $1,605,770 $0 $0
2022 $21,009 $1,554,119 $0 $0
2021 $20,123 $1,414,214 $951,538 $462,676
2020 $18,202 $1,263,797 $0 $0
2019 $18,321 $1,235,383 $0 $0
2018 $18,218 $1,212,349 $0 $0
2017 $18,135 $1,187,413 $0 $0
2016 $17,957 $1,162,990 $0 $0
2015 $18,607 $1,154,910 $0 $0
2014 $18,201 $1,145,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Thorpe

    Seller Co-Listing Agent in 2020

    Michael Thorpe

    One Sotheby's Int'l Realty

    (772) 492-1002

    3 in this area

    95 Total Sales

    Michael Thorpe
    Section Image

  • S

    Buyer's Agent in 2020

    Sally Woods

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    1 in this area

    35 Total Sales

    Sally Woods
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 204439

APN: 33-40-16-00014-0000-00017.0

Florida Indian River County Vero Beach 32963

255 Riverway Dr, Vero Beach, FL

Not Listed for Sale

Detached

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