NOT LISTED FOR SALE

Estimated Value: $5,467,000 - $8,717,463

11 Beds
13 Baths
10,083 Sq Ft
$703/Sq Ft Est. Value

Last Sold February 09, 2015

Last sale price $4,000,000 $397 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $45,642/month

177 Days on Market

Highlights

  • Ocean Front
  • Parking available for a boat
  • Outdoor Pool
  • Theodore Roosevelt Elementary School Rated 9+
  • Fitness Center
  • Deck

About This Home

As of February 2015

This one of a kind and first time ever to market ''Beach Estate" is known to most as the "Pumpkin Center". With 200 SF of direct ocean frontage, this familycompound includes a 10,000 SF home with another 10,000 SF of multi level oceanfront and roof top decks, a 2 bedroom guest cottage, a 1 bedroom caretakerapartment, tennis and basketball court Rooms are approx. and subject to error.

Last Agent to Sell the Property

Bobbie Holt

One Sotheby's Int'l Realty Brokerage Phone: 772-492-5300 License #3105312 Listed on: 06/21/2014

Last Buyer's Agent

Bobbie Holt

One Sotheby's Int'l Realty Brokerage Phone: 772-492-5300 License #3105312 Listed on: 06/21/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $98,263

Year Built

  • Built in 1975

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • 6 Fireplaces
  • Sliding Doors
  • Ocean Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Cooling Available
  • Heating Available
  • Power Generator

Listing and Financial Details

  • Tax Lot 3,4,5,6
  • Assessor Parcel Number 25 3714dd000040000100

Community Details

Recreation

  • Tennis Courts
  • Fitness Center

Amenities

  • Elevator

Home Details

Home Type

Single Family

Est. Annual Taxes

$98,263

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 50,000
  • Ownership: Single Family/Other
  • Subdivision Name: OTHER
  • Directions: : 520 Cswy south on A1A to split. Proceed south(Orlando Ave) to 4th St. South. Turn left to get to north bound Atlantic. Property gated onoceanside between south 3rd & 4th St.
  • Architectural Style: Two Story, Three Story
  • Garage Yn: Yes
  • Unit Levels: Two, Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1975
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-5300
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Other Equipment: Generator
  • Full Bathrooms: 11
  • Half Bathrooms: 2
  • Total Bedrooms: 11
  • Door Features: Sliding Doors
  • Fireplaces: 6
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Elevator, High Ceilings, Kitchen Island, Skylights, Vaulted Ceiling(s), Central Vacuum
  • Stories: 3
  • Window Features: None, Skylight(s)

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame
  • Direction Faces: West
  • Exterior Features: Balcony, Deck, Outdoor Shower, Porch, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Roof: Other, Shingle

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Boat, Detached, Garage, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Common Area
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Fitness, Other, Tennis Court(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 25 3714dd000040000100
  • Zoning Description: Residential

Tax Info

  • Tax Lot: 3,4,5,6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2014
Closed on
Feb 9, 2015
Sold by
Kirschenbaum Malcolm
Bought by
Wells Jeffrey W and Wells Teeraporn
Seller's Agent
Bobbie Holt
One Sotheby's Int'l Realty
Buyer's Agent
Bobbie Holt
One Sotheby's Int'l Realty
List Price
$499,500,000
Sold Price
$4,000,000
Premium/Discount to List
-$495,500,000
-99.2%
Current Estimated Value
$7,092,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,092,232
Avg. Annual Appreciation
5.45%
Original Mortgage
$1,000,000
Outstanding Balance
$762,871
Interest Rate
3.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$6,329,361

Purchase Details

Closed on
Jan 20, 2006
Sold by
Neuharth Allen H and Fornes Rachel
Bought by
Neuharth Allen H and Overby Charles L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wells Jeffrey W $4,000,000 Attorney
Neuharth Allen H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Jeffrey W $1,000,000
Open Wells Jeffrey W $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2015 02/09/15 Sold $4,000,000 -99.2% $397 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
07/16/2014 07/16/14 For Sale $499,500,000 -- $49,539 / 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 $98,263 $6,307,050 -- --
2024 $96,755 $6,129,310 -- --
2023 $96,755 $5,950,790 $0 $0
2022 $90,547 $5,777,470 $0 $0
2021 $90,852 $5,609,200 $0 $0
2020 $84,243 $5,122,180 $1,680,000 $3,442,180
2019 $33,275 $1,979,890 $1,950,000 $29,890
2018 $33,834 $1,978,640 $1,950,000 $28,640
2017 $32,279 $1,830,280 $1,800,000 $30,280
2016 $53,561 $2,977,240 $1,725,000 $1,252,240
2015 $41,135 $2,031,500 $1,725,000 $306,500
2014 $33,855 $1,846,820 $1,050,000 $796,820
Source: Public Records

Agents Affiliated with this Home

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Source: REALTORS® Association of Indian River County

MLS Number: 147928

APN: 25-37-14-DD-00004.0-0003.00