NOT LISTED FOR SALE

271 Riverway Dr Vero Beach, FL 32963

Estimated Value: $5,959,663

5 Beds
4.5 Baths
7,349 Sq Ft
$811/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $3,200,000 $435 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $35,041/month

603 Days on Market

Highlights

  • Water Access
  • Outdoor Pool
  • 0.9 Acre Lot
  • Beachland Elementary School Rated A-
  • River View
  • Wood Flooring

About This Home

As of May 2018

One of Seagrove's most magnificent riverfront settings. Extremely well-built traditional-style residence on 220± ft. of shoreline, overlooking a wide stretch of the river to a tree-cloaked nature reserve. Dramatic living room opens to large pool patio. Full bar, wine, cellar. Exercise studio. Master suite has study and balcony. Multi-boat dock. Sizes approx. See Full Disclaimer Attached.

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961 Listed on: 08/22/2016

One Sotheby's Int'l Realty

Co-Listed By

Richard Boga

One Sotheby's Int'l Realty License #3202494

Last Buyer's Agent

FREDRICA ASH

One Sotheby's Int'l Realty License #3322330

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,395

Year Built

  • Built in 1994

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 219x244
  • River Front
  • East Facing Home

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 7,349 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 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
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub
  • Laundry Chute

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Water Access
  • Balcony
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 33401600014000000013.0

Community Details

Overview

  • Association fees include common areas, security
  • Seagrove West Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,395

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size: 219X244
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Ownership: Single Family/Other
  • Subdivision Name: Seagrove West
  • Directions: A1A South, west into 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: 1994
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Bathtub, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Pantry, Walk-In Closet(s)
  • Living Area: 7349.0
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Porch, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Chute, Laundry Room, Laundry Tub
  • 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: Other, Tennis Court(s), Water Access
  • Association Fee: 283.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 33401600014000000013.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22395.0
  • Tax Lot: 13
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
May 18, 2018
Sold by
Vonzielinski Theodor and Von Zielinski Cheryl
Bought by
Sarrica Michael A and Sarrica Marion E
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
FREDRICA ASH
One Sotheby's Int'l Realty
List Price
$3,795,000
Sold Price
$3,200,000
Premium/Discount to List
-$595,000
-15.68%
Current Estimated Value
$5,959,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,759,663
Avg. Annual Appreciation
8.51%
Original Mortgage
$2,500,000
Outstanding Balance
$2,143,313
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$3,816,350
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sarrica Michael A $3,200,000 Elite Title Of The Treasure
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarrica Michael A $2,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $3,200,000 -15.7% $435 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
08/22/2016 08/22/16 For Sale $3,795,000 -- $516 / 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 $44,679 $3,194,154 -- --
2024 $41,719 $3,194,154 -- --
2023 $41,719 $3,025,312 $0 $0
2022 $40,795 $2,937,196 $0 $0
2021 $41,017 $2,851,647 $0 $0
2020 $41,058 $2,812,275 $1,415,450 $1,396,825
2019 $42,917 $2,812,709 $1,415,450 $1,397,259
2018 $23,827 $1,575,945 $0 $0
2017 $23,328 $1,518,309 $0 $0
2016 $23,102 $1,487,080 $0 $0
2015 $23,939 $1,476,750 $0 $0
2014 $23,423 $1,465,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller's Agent in 2018

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    55 in this area

    253 Total Sales

    Cindy O'Dare
    Section Image
  • Richard Boga

    Seller Co-Listing Agent in 2018

    Richard Boga

    One Sotheby's Int'l Realty

    (772) 559-4800

    2 in this area

    14 Total Sales

    Richard Boga
    Section Image
  • FREDRICA ASH

    Buyer's Agent in 2018

    FREDRICA ASH

    One Sotheby's Int'l Realty

    (772) 217-0887

    16 in this area

    69 Total Sales

    FREDRICA ASH
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 175371

APN: 33-40-16-00014-0000-00013.0

Florida Indian River County Vero Beach 32963

271 Riverway Dr, Vero Beach, FL

Not Listed for Sale

Detached

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