NOT LISTED FOR SALE

Estimated Value: $488,000 - $612,000

2 Beds
2 Baths
1,281 Sq Ft
1,002 Sq Ft Lot

Last Sold March 08, 2022

Last sale price $561,645 $438 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,875/month

58 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Elevator

About This Home

As of March 2022

Penthouse Paradise w/ Sweeping Ocean, River & Inlet Vistas! Large Balconies East & West Serve Up A Lifetime of Breathtaking Sunrises & Sunsets. Magnificent Lobby/Fitness Center/Library/Private Beach Access/Pool/Hot Tub. Private Beach Access/Gated. Granite Counter Tops, Impact Windows/Doors, Many Upgrades To Mention. Divine Beach Living! Room sizes approx/subj. to err.

Last Agent to Sell the Property

Troy Westover

Dale Sorensen Real Estate Inc. License #3270315 Listed on: 12/09/2021

Dale Sorensen Real Estate Inc.

Co-Listed By

Alex Westover

Dale Sorensen Real Estate Inc. License #3501070

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,854

Year Built

  • Built in 1983

Lot Details

  • West Facing Home

Property Views

Home Design

  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,281 Sq Ft Home
  • Crown Molding
  • Sliding Doors
  • Tile Flooring
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 142560600800002

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, recreation facilities, reserve fund, security, trash, water
  • Elliott Merrill Association
  • Sands On The Ocean Subdivision
  • 14-Story Property

Amenities

  • Trash Chute
  • Clubhouse
  • Community Library
  • Elevator

Recreation

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,854

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: n/a
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • Ownership: Condo
  • Subdivision Name: Sands on the Ocean
  • Directions: North on A1A to The Sands on The Ocean
  • Architectural Style: Multi-Level
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 14
  • Year Built: 1983
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 14

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Closet Cabinetry, Crown Molding
  • Living Area: 1281.0
  • Stories: 14
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Intercoastal, Ocean, Pool, Preserve, River
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated Community
  • Green Building Features: Reception Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Fitness, Library, Trash Chute, Pool
  • Association Fee: 955.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Security, Trash, Water

Lot Info

  • Parcel #: 142560600800002
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3854.0
  • Tax Lot: n/a
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Mar 8, 2022
Sold by
Mcgrath Thomas F
Bought by
Boone Gerald Lee and Allison Kevin Matthew
Seller's Agent
Troy Westover
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$595,000
Sold Price
$561,645
Premium/Discount to List
-$33,355
-5.61%
Current Estimated Value
$566,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,735
Avg. Annual Appreciation
0.53%
Original Mortgage
$505,480
Outstanding Balance
$475,715
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$96,154
Source: Public Records

Range of Values:

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Average Value
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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
Boone Gerald Lee $561,700 James P Mchugh Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boone Gerald Lee $505,480
Previous Owner Mcgrath Thomas F $252,000
Previous Owner Mcgrath Thomas F $142,700
Previous Owner Mcgrath Thomas $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $561,645 -5.6% $438 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $595,000 -- $464 / 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
2024 $8,965 $463,300 -- $463,300
2023 $8,965 $463,300 $0 $463,300
2022 $6,844 $406,200 $0 $406,200
2021 $5,955 $293,800 $0 $293,800
2020 $3,854 $229,798 $0 $0
2019 $3,797 $224,632 $0 $0
2018 $3,559 $220,444 $0 $0
2017 $3,516 $230,900 $0 $230,900
2016 $3,404 $224,700 $0 $224,700
2015 $3,460 $210,000 $0 $210,000
2014 $3,403 $210,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 248538

APN: 14-25-606-0080-0002