NOT LISTED FOR SALE

291 River Rd Oak Hill, FL 32759

Estimated Value: $1,138,000 - $1,325,000

4 Beds
4.5 Baths
3,005 Sq Ft
$405/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $949,000 $316 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,796/month

33 Days on Market

Highlights

  • Boathouse
  • Access To Intracoastal Waterway
  • Covered Boat Lift
  • 206 Feet of Waterfront
  • Dock made with wood
  • 2-minute walk to Sunrise Park

About This Home

As of December 2020

Direct riverfront home designed to take advantage of the panoramic views of the River from every room! Situated on a 100' waterfront lot with seawall, the new dock with fish cleaning station & kayak ramp & the 22x12 boat house are a fisherman's paradise. Mosquito Lagoon is the "Redfish capital of the world", and is located just 10 miles to the beach. Custom built in 2012, this stunning 4BR/4.5BA home features gorgeous Acacia wood floors in the living areas which are very durable. Gourmet cooks will love the 1st class kitchen which includes a Viking SS refrigerator, GE Monogram 6 burner gas cooktop & oven, GE Advantium micro, GE Monogram electric wall oven & an island with a wine cooler. Beautiful wood cabinets & easy glide drawers, topped with granite countertops, make entertaining & cooking a delight! Enter the 2nd floor of the home by the stately staircase or elevator, which open through attractive etched double doors to the expansive 17' high ceilings in the living areas. This is the main level of the home, featuring the master suite + 2 guest bedrooms which are ensuite with their own private bath. A 4th BR with bath is located on the first floor with a separate entrance, so it is perfect for guests, in-laws or rental income. The living areas, master suite & guest bedroom feature floor to ceiling windows & doors which open to a 12x50 deck overlooking the river. Luxurious master bath has dual sinks, large shower & a huge walk-in closet. Features include a woodburning fireplace, climate controlled wine closet, elevator, wet bar w/ice maker, security system, 2 car tandem garage + additional storage area for kayaks, paddleboards, fishing gear, etc. The zoning does allow VRBO or nightly rentals if desired, which rents for $250/night x 28 weeks or $49,000/year. According to the seller, they just started VRBO this year, which was affected by the health crisis, so it has a lot of potential for more income. Enjoy the Florida lifestyle today with this stunning home!

Last Agent to Sell the Property

Kimberly Adorante

WATSON REALTY CORP License #3263948 Listed on: 10/27/2020

WATSON REALTY CORP

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,968

Year Built

  • Built in 2012

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 100x80
  • 206 Feet of Waterfront
  • 103 Feet of Riverfront
  • 103 Feet of Intracoastal Waterfront
  • Property fronts an intracoastal waterway
  • River Front
  • West Facing Home
  • Irrigation
  • Property is zoned R-3W

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener
  • Golf Cart Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Cement Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,005 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility

Kitchen

  • Built-In Convection Oven
  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Bedroom
  • Accessible Common Area

Outdoor Features

  • Outdoor Shower
  • Access To Intracoastal Waterway
  • River Access
  • Dock has access to water
  • No Wake Zone
  • Covered Boat Lift
  • Boathouse
  • Dock made with wood
  • Balcony
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,968

Year Built

Built in 2012

Lot Details

8,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Cement Siding, Stucco, Wood Frame
  • Fireplace: Yes
  • Living Area: 3005
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2012
  • Accessibility Features: Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Elevator Installed
  • Building Area Total: 6379
  • Lot Size Sq Ft: 8000
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 592.63
  • Escrow City: New Smyrna Beach
  • Escrow State: FL
  • Escrow Street Name: S. Atlantic Ave.
  • Floor Number: 2
  • Minimum Lease: 1-7 Days
  • RATIO Current Price By Calculate: 315.81
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility,Interior In-Law Suite,Storage Rooms
  • Living Area Meters: 279.17

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Irrigation System, Outdoor Shower, Sliding Doors, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: No
  • Water Body Name: INDIAN RIVER
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water Access: Intracoastal Waterway,River
  • Water Extras: Boathouse,Dock - Wood,Dock w/Electric,Dock w/Water Supply,Lift - Covered,No Wake Zone
  • Water View: Intracoastal Waterway,River
  • Water View YN: 1
  • Waterfront Feet Total: 206
  • Additional Water Information: Situated in Mosquito Lagoon, In the middle of the "Redfish Capital of the World", directly on the river or ICW.
  • Water Frontage Feet ICW: 103
  • Water Frontage Feet River: 103

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Golf Cart Parking, Tandem, Workshop in Garage

Utilities

  • Utilities: Public, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Association: No
  • Security: Fire Sprinkler System, Security System
  • Senior Community: No
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R-3W
  • Parcel Number: 05-19-35-00-00-0121
  • Additional Parcels: No
  • Lot Dimensions: 100x80
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Zoning allows VRBO rentals by the night. Owner was getting $250/night until March. Has blocked it out since it is for sale at this time. Potential is approximately $49,000/year rental income. An example of a proforma can be provided.

Tax Info

  • Tax Annual Amount: 4967.56
  • Tax Block: 00-0121
  • Tax Book Number: 4009-3
  • Tax Lot: 1

Multi Family

  • Waterfront Features: Intracoastal Waterway, River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Neal Reed and Forster Mariann
Bought by
Neal Reed and Forster Mariann
Current Estimated Value
$1,216,783

Purchase Details

Listed on
Oct 27, 2020
Closed on
Dec 28, 2020
Sold by
Weidner Paul E and Weidner Barbara Betz
Bought by
Forster Mariann and Neal Reed
Seller's Agent
Kimberly Adorante
WATSON REALTY CORP
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$985,000
Sold Price
$949,000
Premium/Discount to List
-$36,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$759,200
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2020
Sold by
Weidner Paul E
Bought by
Weidner Paul E and Paul Weidner Trust

Purchase Details

Closed on
May 13, 2011
Sold by
Cohee Hazel L
Bought by
Weidner Paul E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 1994
Sold by
Crane Patricia A
Bought by
Cohee Hazel L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
8.73%

Purchase Details

Closed on
Jun 15, 1984
Bought by
Weidner Paul E

Purchase Details

Closed on
Oct 15, 1981
Bought by
Weidner Paul E

Purchase Details

Closed on
Apr 15, 1969
Bought by
Weidner Paul E
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
Neal Reed -- None Available
Neal Reed Malcolm -- None Available
Reed And Mariann Neal Revocable Trust $100 None Listed On Document
Forster Mariann $949,000 Watson Title Services Inc
Weidner Paul E -- None Available
Weidner Paul E $300,000 Attorney
Cohee Hazel L $95,000 --
Weidner Paul E $27,000 --
Weidner Paul E $100 --
Weidner Paul E $5,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Forster Mariann $759,200
Previous Owner Weidner Paul E $300,000
Previous Owner Cohee Hazel L $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/28/2021 03/28/21 Off Market $949,000 -- --
12/28/2020 12/28/20 Sold $949,000 0.0% $316 / Sq Ft View Prior Sale
12/28/2020 12/28/20 Sold $949,000 0.0% $316 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
11/29/2020 11/29/20 Pending -- -- --
11/25/2020 11/25/20 Price Changed $949,000 -3.7% $316 / Sq Ft
10/27/2020 10/27/20 For Sale $985,000 +3.8% $328 / Sq Ft
09/23/2020 09/23/20 For Sale $949,000 -- $316 / Sq Ft
Source: Stellar MLS

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
2026 $18,550 $915,296 -- --
2025 $18,550 $915,296 -- --
2024 $18,142 $889,501 -- --
2023 $18,142 $863,594 $0 $0
2022 $17,775 $838,441 $0 $0
2021 $17,939 $809,754 $275,200 $534,554
2020 $4,920 $246,955 $0 $0
2019 $4,968 $241,403 $0 $0
2018 $4,921 $236,902 $0 $0
2017 $4,943 $232,029 $0 $0
2016 $5,091 $227,257 $0 $0
2015 -- $225,677 $0 $0
2014 -- $223,886 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: V4916148

Stellar MLS

APN: 9505-00-00-0121

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