NOT LISTED FOR SALE

401 Spyglass Ln Unit 401B Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $671,000 - $718,000

2 Beds
2 Baths
1,580 Sq Ft
1974 Built

Last Sold June 16, 2022

Last sale price $705,000 $446 Per Sq Ft

Current estimated payment $4,529/month

150 Days on Market

Highlights

  • Beach Access
  • Intracoastal View
  • River Front
  • Beachland Elementary School Rated A-
  • Saltwater Pool
  • Clubhouse

About This Home

As of June 2022

A rare opportunity to purchase a South Passage condo, with 2 slips, one of which has a grandfathered 6,000lb lift. Beautiful location on the Indian River & Blunderbuss Bight, enjoy scenic views from this 2-BR first floor unit with extended living area & extended master suite. Salt water, solar-heated community pool & access to the Moorings private beach. Sizes approx. Buyer verify.

Last Agent to Sell the Property

Judy Hargarten

The Moorings Realty Sales Co. License #0158761 Listed on: 12/17/2021

Last Buyer's Agent

Erika Ross

The Moorings Realty Sales Co. License #3204519

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,552

Year Built

  • Built in 1974

Lot Details

  • River Front
  • Cul-De-Sac
  • South Facing Home

Property Views

  • Intracoastal
  • River

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,580 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Assigned Parking

Outdoor Features

  • Saltwater Pool
  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33402700008004000401.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, parking, sewer, security, trash, water
  • A.R. Choice Association
  • South Passage Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,552

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: South Passage
  • Directions: From 17th St. Causeway-bridge, south on Hwy. A1A to The Moorings. Left (west) onto Spyglass Lane, 401 will be on the right.
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-5131
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: Built-in Features, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1580.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Cul-De-Sac, Other
  • Pool Features: Heated, Pool, Solar Heat, Salt Water, Community
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal, Lead Based Paint Disclosure
  • Construction Type: Frame, Concrete
  • Direction Faces: South
  • Exterior Features: Balcony
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport, Detached, One Space

Utilities

  • Laundry Features: Laundry Room, In Unit
  • 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: Clubhouse, Other, Property Manager On-Site, Pool
  • Association Fee: 1113.0
  • Association Name: A.R. Choice
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Other, Parking, Sewer, Security, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33402700008004000401.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3552.0
  • Tax Lot: N/A
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2021
Closed on
Jun 15, 2022
Sold by
Winthrop G Dow Jr Trust
Bought by
Poe James B and Poe Jayne R
Seller's Agent
Judy Hargarten
The Moorings Realty Sales Co.
Buyer's Agent
Erika Ross
The Moorings Realty Sales Co.
List Price
$750,000
Sold Price
$705,000
Premium/Discount to List
-$45,000
-6%
Current Estimated Value
$706,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,655
Avg. Annual Appreciation
0.34%
Original Mortgage
$75,000
Outstanding Balance
$38,963
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving
Estimated Equity
$673,504

Purchase Details

Closed on
Nov 14, 2019
Sold by
Dow Winthrop G and Dow Mary Strong
Bought by
Dow Winthrop G and Winthrop G Dow Jr Trust

Purchase Details

Closed on
May 22, 2003
Sold by
Bell Michael Y
Bought by
Dow Winthrop G and Dow Mary Strong

Purchase Details

Closed on
Oct 16, 2001
Sold by
Bell Michael Y and Bell Patricia S
Bought by
Bell Michael Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.6%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Hammett Albert C and Hammett Anne
Bought by
Bell Michael Y and Bell Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.23%
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
Poe James B $705,000 Jackson & Barkett
Dow Winthrop G -- Accommodation
Dow Winthrop G $350,000 --
Bell Michael Y -- --
Bell Michael Y $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poe James B $75,000
Open Poe James B $300,000
Previous Owner Bell Michael Y $195,000
Previous Owner Bell Michael Y $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2022 06/16/22 Sold $705,000 -6.0% $446 / Sq Ft
05/17/2022 05/17/22 Pending -- -- --
12/17/2021 12/17/21 For Sale $750,000 -- $475 / 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 $7,924 $599,830 -- $599,830
2023 $7,924 $599,830 $0 $599,830
2022 $3,554 $284,214 $0 $0
2021 $3,552 $275,936 $0 $0
2020 $3,542 $272,126 $0 $0
2019 $3,551 $266,008 $0 $0
2018 $3,522 $261,048 $0 $0
2017 $3,496 $255,679 $0 $0
2016 $3,454 $250,420 $0 $0
2015 $3,577 $248,680 $0 $0
2014 $3,487 $246,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 248683

APN: 33-40-27-00008-0040-00401.0