NOT LISTED FOR SALE

281 Riverway Dr Vero Beach, FL 32963

Estimated Value: $1,982,000 - $3,350,000

3 Beds
3.5 Baths
3,232 Sq Ft
$788/Sq Ft Est. Value

Last Sold July 18, 2017

Last sale price $1,287,500 $398 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $14,618/month

56 Days on Market

Highlights

  • Water Access
  • Gated with Attendant
  • River View
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Deck

About This Home

As of July 2017

Charming riverfront home w/never-ending river views! Beautiful architectural details throughout. Features over 3,200 SF with 3BR/3.5BA, den, living room, dining room, spacious kitchen, office & sun room. Large pool & deck overlooking the water. New private dock & seawall. Enjoy watching dolphins, manatees and birds play or capture a gorgeous sunset. Sizes approx./subject to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 04/22/2017

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Beth Rahaley

Cliff Norris Real Estate License #0659401

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,209

Year Built

  • Built in 1986

Lot Details

  • Lot Dimensions are 104x192
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Bay Window
  • French Doors
  • River Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Water Access
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 33401600014000000011.0

Community Details

Overview

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

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,209

Year Built

Built in 1986

Lot Details

0.45 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 104x192
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Seagrove West
  • Directions: South on A1A from the Causeway to Seagrove West. Past guard straight, right at stop sign to 281 on left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1986
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Crown Molding, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Bay Window(s), Single Hung, Window Treatments, Skylight(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: No
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: Deck, Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Closet
  • Security: Security System Owned, Gated with Guard
  • Cooling: Central Air, Electric
  • 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: 933.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Security

Lot Info

  • Parcel #: 33401600014000000011.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 13209.0
  • Tax Lot: 11
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2017
Closed on
Jul 18, 2017
Sold by
Regan Thomas J O and Regan Suzanne O
Bought by
Law Richard A and Law Madelyn C
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Beth Rahaley
Cliff Norris Real Estate
List Price
$1,400,000
Sold Price
$1,287,500
Premium/Discount to List
-$112,500
-8.04%
Current Estimated Value
$2,547,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,260,485
Avg. Annual Appreciation
8.27%

Purchase Details

Closed on
May 28, 2003
Sold by
Payne John L D
Bought by
Oregan Thomas J and Oregan Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5.79%

Purchase Details

Closed on
Jul 13, 1998
Sold by
Tan Melih O and Tan Pamela B
Bought by
Payne Andrew A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.04%

Purchase Details

Closed on
Feb 27, 1998
Sold by
Goode Robert T and Goode Virginia T
Bought by
Tan Melih O and Tan Pamela B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.86%
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
Law Richard A $1,287,500 Attorney
Oregan Thomas J $1,100,000 --
Payne Andrew A $760,000 --
Tan Melih O $513,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oregan Thomas J $650,000
Previous Owner Payne Andrew A $350,000
Previous Owner Tan Melih O $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2017 07/18/17 Sold $1,287,500 -8.0% $398 / Sq Ft
06/18/2017 06/18/17 Pending -- -- --
04/22/2017 04/22/17 For Sale $1,400,000 -- $433 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $17,909 $1,288,627 -- --
2024 $16,529 $1,288,627 -- --
2023 $16,529 $1,215,835 $0 $0
2022 $16,153 $1,180,422 $0 $0
2021 $16,224 $1,146,041 $0 $0
2020 $16,230 $1,130,218 $0 $0
2019 $16,334 $1,104,808 $0 $0
2018 $16,262 $1,085,544 $0 $0
2017 $13,343 $882,052 $0 $0
2016 $13,209 $863,910 $0 $0
2015 $13,687 $857,910 $0 $0
2014 $13,382 $851,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 187126

APN: 33-40-16-00014-0000-00011.0

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