NOT LISTED FOR SALE

Estimated Value: $4,686,401 - $6,438,000

3 Beds
5 Baths
3,708 Sq Ft
$1,423/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2020

Last sale price $3,750,000 $1,011 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $32,765 / mo

43 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • Intracoastal View
  • River Front
  • Beachland Elementary School Rated A-
  • Pool
  • Wood Flooring

About This Home

As of March 2020

Riomar Bay. Stunning direct Intracoastal Waterway residence. Fabulous architecture design, great floor plan, tropical south facing back yard with pool, and screen porch. A+ condition! All sizes approx. See the full disclaimer attached.

Last Agent to Sell the Property

Kay Brown

Premier Estate Properties License #0189216 Listed on: 01/02/2020

Co-Listed By

Luke Webb

Luke D Webb Real Estate Inc License #3281747

Last Buyer's Agent

Elizabeth Sorensen

Dale Sorensen Real Estate Inc. License #3134517

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,396

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 136x215
  • River Front
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof

Interior Spaces

  • 3,708 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • French Doors
  • Sliding Doors
  • Intracoastal
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Washer

Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Riomar Bay Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 33400500006000000016.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,396

Year Built

Built in 1994

Lot Details

0.64 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 136x215
  • Co List Office Mls Id: 0371
  • Co List Office Phone: 772-234-5555
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: A1A to turn west into Riomar Bay on Bay Drive Follow to 506.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1994
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3708.0
  • Stories: 1

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Intercoastal, Pool
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Enclosed Porch, Patio, Propane Tank - Leased, Storm/Security Shutters
  • Patio And Porch Features: Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33400500006000000016.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 24396.0
  • Tax Lot: 16
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2020
Sold by
Wheeler Thomas E and The Thomas E Wheeler Living Tr
Bought by
Wheeler Thomas E and The Thomas E Wheeler Living Tr
Current Estimated Value
$5,028,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,470,000
Outstanding Balance
$1,711,027
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$3,565,823

Purchase Details

Listed on
Jan 2, 2020
Closed on
Mar 16, 2020
Sold by
Connors John S and Connors Sheila W
Bought by
Wheeler Thomas E and Thomas E Wheeler Living Trust
Seller's Agent
Kay Brown
Premier Estate Properties
Buyer's Agent
Elizabeth Sorensen
Dale Sorensen Real Estate Inc.
List Price
$3,895,000
Sold Price
$3,750,000
Premium/Discount to List
-$145,000
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
Jun 29, 2006
Sold by
Connors John S
Bought by
Connors John S and Connors Sheila W

Purchase Details

Closed on
Mar 15, 2000
Sold by
Fisher William A and Fisher Andrea B
Bought by
Fisher Andrea B
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wheeler Thomas E -- Nationallink
Wheeler Thomas E $3,750,000 Attorney
Connors John S -- Attorney
Connors John S $3,500,000 Attorney
Fisher Andrea B -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Wheeler Thomas E $2,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2020 03/16/20 Sold $3,750,000 -3.7% $1,011 / Sq Ft
02/15/2020 02/15/20 Pending -- -- --
01/02/2020 01/02/20 For Sale $3,895,000 -- $1,050 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $65,992 $4,176,733 $2,146,847 $2,029,886
2024 $53,499 $3,783,874 $1,923,584 $1,860,290
2023 $53,499 $3,247,164 $0 $0
2022 $47,058 $3,107,167 $1,803,360 $1,303,807
2021 $42,656 $2,676,717 $1,683,136 $993,581
2020 $24,315 $1,541,639 $0 $0
2019 $24,420 $1,506,979 $0 $0
2018 $24,396 $1,478,880 $0 $0
2017 $24,254 $1,448,462 $0 $0
2016 $23,995 $1,418,670 $0 $0
2015 $24,589 $1,408,810 $0 $0
2014 $23,615 $1,397,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 228622

APN: 33-40-05-00006-0000-00016.0

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