NOT LISTED FOR SALE

Estimated Value: $853,000 - $1,216,000

4 Beds
3.5 Baths
2,759 Sq Ft
1,002 Sq Ft Lot

Last Sold December 29, 2023

Last sale price $1,250,000 $453 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,485/month

139 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Roman Tub
  • Fitness Center
  • Clubhouse
  • High Ceiling

About This Home

As of December 2023

Mesmerizing Panoramic Views - Ocean Sunrises to Intracoastal Sunsets from 12th floor NE corner Oceanfront Condominium. Spacious 2755 sqft 4 bed 3.5 bath home. All tile floors. Wide East balcony view N to Vero. Bedroom 4 Murphy bed and office built-ins. Stainless kitchen appliances. Private garage and parking for guest included. Lobby level parking space and storage also available but not included. Thermopane windows and accordion shutters. Clubhouse, fitness and pool. Private beach access.

Last Agent to Sell the Property

Linda Gonzalez

Coldwell Banker Paradise Brokerage Phone: 772-231-4880 License #3007542 Listed on: 08/09/2023

Coldwell Banker Paradise

Co-Listed By

Ginny Mitchell

Coldwell Banker Paradise Brokerage Phone: 772-231-4880 License #0705751

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,265

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Southwest Facing Home
  • Few Trees

Parking

  • 1 Car Garage

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 2,759 Sq Ft Home
  • Crown Molding
  • High Ceiling
  • Insulated Windows
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1201
  • Assessor Parcel Number 142380700420005

Community Details

Overview

  • Association fees include common areas, cable TV, maintenance structure, reserve fund
  • Elliott Merrill Association
  • Grand Isle N Hutchin Subdivision
  • 13-Story Property

Amenities

  • Clubhouse
  • Game Room
  • Billiard Room
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,265

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: n/a
  • Co List Office Mls Id: 000801
  • Co List Office Phone: 772-231-4880
  • Ownership: Condo
  • Subdivision Name: Grand Isle N Hutchin
  • Directions: North Hutchinson Island to Grand Isle Condo entry
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 13
  • Year Built: 2005
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4880
  • Special Features: VirtualTour
  • Stories: 13

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2759.0
  • Stories: 13
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other, Few Trees
  • Pool Features: Pool, Community
  • View: Intercoastal, Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: Southwest
  • Exterior Features: Balcony
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Green Building Features: Reception Area
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Billiard Room, Clubhouse, Elevator, Fitness, Game Room, Pool
  • Association Fee: 1681.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Structure, Reserve Fund

Lot Info

  • Parcel #: 142380700420005
  • Zoning Description: Multiple
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7265.0
  • Tax Lot: 1201
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2023
Closed on
Dec 29, 2023
Sold by
Hubbard William N and Hubbard Barbara S
Bought by
Hoffmann Timothy Jay and Hoffmann Wendy
Seller's Agent
Linda Gonzalez
Coldwell Banker Paradise
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$1,250,000
Sold Price
$1,250,000
Views
57
Current Estimated Value
$1,104,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,448
Avg. Annual Appreciation
-6.82%
Original Mortgage
$650,000
Outstanding Balance
$639,639
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$464,913

Purchase Details

Listed on
May 18, 2020
Closed on
Sep 1, 2020
Sold by
Leach Gary N
Bought by
Hubbard William N and Hubbard Barbara S
Seller's Agent
Jeff Mitchell
Inactive Member
Buyer's Agent
Jeff Mitchell
Inactive Member
List Price
$789,000
Sold Price
$740,000
Premium/Discount to List
-$49,000
-6.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.05%

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 24, 2015
Sold by
Parks Patricia M
Bought by
Leach Kenneth W
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%

Purchase Details

Closed on
Aug 1, 2007
Sold by
Parks Patricia M
Bought by
Parks Patricia M and The Patricia M Parks Revocable Trust

Purchase Details

Closed on
May 24, 2005
Sold by
Grand Isle North Hutchinson Island Ltd
Bought by
Parks Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Hoffmann Timothy Jay $1,250,000 Liberty Title Co Of America
Hubbard William N -- Oceanside Title & Escrow Inc
Hubbard William N $740,000 Oceanside Title & Escrow Inc
Leach Kenneth W $650,000 Oceanside Title & Escrow
Parks Patricia M -- Attorney
Parks Patricia M $699,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffmann Timothy Jay $650,000
Previous Owner Parks Patricia M $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $1,250,000 0.0% $453 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $1,250,000 +68.9% $453 / Sq Ft
09/01/2020 09/01/20 Sold $740,000 0.0% $268 / Sq Ft View Prior Sale
09/01/2020 09/01/20 Sold $740,000 -6.2% $268 / Sq Ft View Prior Sale
08/02/2020 08/02/20 Pending -- -- --
08/02/2020 08/02/20 Pending -- -- --
05/18/2020 05/18/20 For Sale $789,000 0.0% $286 / Sq Ft
05/01/2020 05/01/20 For Sale $789,000 +21.4% $286 / Sq Ft
09/30/2015 09/30/15 Sold $650,000 -3.7% $236 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $675,000 -- $245 / 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 $7,753 $1,029,600 -- $1,029,600
2023 $7,753 $442,409 $0 $0
2022 $7,568 $429,524 $0 $0
2021 $7,611 $417,014 $0 $0
2020 $15,094 $735,400 $0 $735,400
2019 $14,641 $704,500 $0 $704,500
2018 $9,784 $531,539 $0 $0
2017 $9,691 $546,900 $0 $546,900
2016 $9,403 $509,900 $0 $509,900
2015 $9,321 $509,900 $0 $509,900
2014 $9,085 $491,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 270459

APN: 14-23-807-0042-0005