NOT LISTED FOR SALE

500 Sable Oak Ln Vero Beach, FL 32963

Estimated Value: $1,078,000 - $2,058,000

3 Beds
3 Baths
2,830 Sq Ft
$533/Sq Ft Est. Value

Last Sold July 25, 2017

Last sale price $700,000 $247 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,819/month

134 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Cabana
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Home fronts a pond

About This Home

As of July 2017

LAKEFRONT MAINTENANCE-FREE HOME LOCATED NEXT DOOR TO THE BERMUDA BAY CLUBHOUSE, COMMUNITY POOL AND TWO CLAY TENNIS COURTS. FEATURES INCLUDE HIGH CEILINGS, OPEN FLOOR PLAN, KITCHEN/FAMILY AREA OVERLOOKING COURTYARD POOL/SPA AND SEPARATE 1B/1B GUEST CABANA. UPGRADES INCLUDE NEW ROOF AND SOME HURRICANE-IMPACT GLASS DOORS. ENJOY PRIVATE GATED COMMUNITY WITH 24-HR GUARDS & BEACH ACCESS.

Last Agent to Sell the Property

Clifford Norris

Cliff Norris Real Estate License #0685596 Listed on: 02/10/2017

Co-Listed By

Beth Ann Rardin

Rardin Real Estate LLC License #3337200

Last Buyer's Agent

Clifford Norris

Cliff Norris Real Estate License #0685596 Listed on: 02/10/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,499

Year Built

  • Built in 1995

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 38 x 178
  • Home fronts a pond
  • Lake Front
  • East Facing Home

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,830 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Window Treatments
  • Sliding Doors
  • Lake Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Cabana
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 32401800058000000001.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, recreation facilities, reserve fund, security
  • Bermuda Bay Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,499

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Lot Size: 38 x 178
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0361
  • Co List Office Phone: 772-231-5595
  • Ownership: Single Family/Other
  • Subdivision Name: Bermuda Bay
  • Directions: HIGHWAY A1A TO BERMUDA BAY MAIN ENTRANCE ON WEST SIDE OF A1A IN INDIAN RIVER SHORES. DIRECTLY ACROSS THE STREET FROM THE VILLAGE SHOPS. GUARD CAN DIRECT.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1995
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5595
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Kitchen Island, Master Downstairs
  • Living Area: 2830.0
  • Stories: 1
  • Window Features: Impact Glass, Single Hung, Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private, Community
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Porch
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Other, Tennis Court(s), Pool
  • Association Fee: 734.0
  • Pets Allowed: Yes

Fee Information

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

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 32401800058000000001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6499.0
  • Tax Lot: 1
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2017
Closed on
Jul 25, 2017
Sold by
Hallinan Elizabeth W
Bought by
Revoca Vander Stricht Susan R
Seller's Agent
Clifford Norris
Cliff Norris Real Estate
Buyer's Agent
Clifford Norris
Cliff Norris Real Estate
List Price
$719,000
Sold Price
$700,000
Premium/Discount to List
-$19,000
-2.64%
Current Estimated Value
$1,507,652

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,652
Avg. Annual Appreciation
10.19%
Original Mortgage
$600,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2011
Sold by
Ashburn Willard R and Ashburn Patricia A
Bought by
Hallinan Elizabeth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2005
Sold by
Wellford John L and Wellford Mary A
Bought by
Ashburn Willard R and Ashburn Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 9, 1996
Sold by
Panarella Charles N and Panarella Pamela D
Bought by
Wellford John L and Wellford Mary A

Purchase Details

Closed on
Jan 27, 1995
Sold by
Seacoast Dev Inc
Bought by
Panarella Charles N and Panarella Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.57%
Mortgage Type
Purchase Money Mortgage
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
Revoca Vander Stricht Susan R $700,000 Attorney
Hallinan Elizabeth W $492,000 Attorney
Ashburn Willard R $950,000 --
Wellford John L $490,000 --
Panarella Charles N $422,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stricht Susan R Van Der $660,000
Closed Vander Stricht Susan R $444,000
Closed Revoca Vander Stricht Susan R $600,000
Previous Owner Hallinan Elizabeth W $250,000
Previous Owner Ashburn Willard R $600,000
Previous Owner Panarella Charles N $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2017 07/25/17 Sold $700,000 -2.6% $247 / Sq Ft
06/25/2017 06/25/17 Pending -- -- --
02/10/2017 02/10/17 For Sale $719,000 -- $254 / 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 $8,007 $753,427 -- --
2023 $8,007 $710,868 $0 $0
2022 $7,882 $690,163 $0 $0
2021 $7,955 $670,061 $0 $0
2020 $7,970 $660,810 $165,950 $494,860
2019 $8,191 $657,059 $0 $0
2018 $8,165 $643,914 $165,950 $477,964
2017 $6,379 $497,054 $0 $0
2016 $6,499 $486,830 $0 $0
2015 $6,768 $483,450 $0 $0
2014 $6,716 $479,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 181012

APN: 32-40-18-00058-0000-00001.0