NOT LISTED FOR SALE

255 Riverway Dr Vero Beach, FL 32963

Estimated Value: $3,302,000 - $5,566,000

5 Beds
6.5 Baths
5,336 Sq Ft
$855/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2020

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

Est. 172% increase in value since last sale

Current estimated payment $27,284 / mo

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

  • 20,473 Sq Ft 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
  • 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

0.47 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2018
Closed on
Mar 9, 2020
Sold by
Bought by
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
$4,561,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,886,951
Avg. Annual Appreciation
17.24%
Original Mortgage
$2,000,000
Outstanding Balance
$1,753,977
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$2,807,974

Purchase Details

Closed on
Nov 9, 2007
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$167,500 Elite Title Of The Treasure
$119,900 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    62 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

    30 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

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