NOT LISTED FOR SALE

381 Shores Dr Vero Beach, FL 32963

Estimated Value: $1,979,000 - $3,758,000

3 Beds
3.5 Baths
3,560 Sq Ft
$689/Sq Ft Est. Value

Last Sold May 11, 2023

Last sale price $1,850,000 $520 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $14,217/month

242 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Home fronts a pond
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Roman Tub

About This Home

As of May 2023

Charming lakefront home in gated community of The Shores. Island kitchen with Thermador gas range/breakfast nook. 2 private dens/offices. Features include tray ceilings, security system, 2 walk-in closets in primary suite, guest rooms en suite, generator, electric panel controlled awnings, screens/retractable storm panels on rear lanai, pool/spa overlooking lake in tropical setting.

Last Agent to Sell the Property

Kay Brown

Premier Estate Properties License #0189216 Listed on: 09/10/2022

Co-Listed By

Melissa Talley

Premier Estate Properties License #3139246

Last Buyer's Agent

Karl Dietrich

Alex MacWilliam, Inc. License #0417167

Alex MacWilliam, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,335

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 112x201
  • Home fronts a pond
  • Lake Front
  • Southwest Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,560 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Awning
  • French Doors
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Tax Lot 48
  • Assessor Parcel Number 32390100013000000048.0

Community Details

Overview

  • Association fees include common areas, security
  • Elliott Merrill Association
  • Shores Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,335

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 112x201
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Ownership: Single Family/Other
  • Subdivision Name: Shores
  • Directions: North on Hwy A1A, just past John's Island, left onto Old Winter Beach Road. The Shores entrance on left, past guard house turn left, house is on the right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2001
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3560.0
  • Stories: 1
  • Window Features: None, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Awning(s), Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Leased
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: 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), Gutter(s)
  • Association Fee: 546.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32390100013000000048.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10335.0
  • Tax Lot: 48
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2022
Closed on
May 11, 2023
Sold by
Mclean Locke and Mclean Sara R
Bought by
Michelle A Cullum Revocable Trust
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Karl Dietrich
Alex MacWilliam, Inc.
List Price
$2,500,000
Sold Price
$1,850,000
Premium/Discount to List
-$650,000
-26%
Views
17
Current Estimated Value
$2,453,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,898
Avg. Annual Appreciation
10.08%

Purchase Details

Listed on
May 3, 2013
Closed on
Sep 29, 2014
Sold by
Iglehart Sarah B
Bought by
Mclean Locke and Mclean Sara R
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Kay Brown
Premier Estate Properties
List Price
$1,350,000
Sold Price
$1,267,500
Premium/Discount to List
-$82,500
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Apr 27, 2005
Sold by
Saccani Ronald R and Saccani Nancy C
Bought by
Iglehart Sarah B

Purchase Details

Closed on
May 24, 2001
Sold by
Simmens Joseph F
Bought by
Saccani Ronald R

Purchase Details

Closed on
Jul 14, 1999
Sold by
Jacobsen John S and Jacobsen Susan E
Bought by
Simmons Joseph F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Michelle A Cullum Revocable Trust $1,850,000 None Listed On Document
Mclean Locke $1,267,500 Attorney
Iglehart Sarah B $1,237,500 Commercial Title Svcs Inc
Saccani Ronald R $719,000 --
Simmons Joseph F $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saccani Ronald R $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2023 05/11/23 Sold $1,850,000 -26.0% $520 / Sq Ft
09/10/2022 09/10/22 For Sale $2,500,000 +97.2% $702 / Sq Ft
10/01/2014 10/01/14 Sold $1,267,500 -6.1% $356 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
05/03/2013 05/03/13 For Sale $1,350,000 -- $379 / 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 $10,459 $1,530,202 $361,250 $1,168,952
2023 $10,459 $914,501 $0 $0
2022 $10,232 $887,865 $0 $0
2021 $10,335 $862,004 $0 $0
2020 $10,360 $850,103 $187,000 $663,103
2019 $10,587 $840,378 $0 $0
2018 $10,572 $824,709 $187,000 $637,709
2017 $10,939 $831,502 $0 $0
2016 $14,536 $1,052,030 $0 $0
2015 $15,249 $1,052,030 $0 $0
2014 $8,767 $617,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 260645

APN: 32-39-01-00013-0000-00048.0