NOT LISTED FOR SALE

537 White Pelican Cir Vero Beach, FL 32963

Estimated Value: $3,737,793 - $4,694,000

4 Beds
6.5 Baths
4,584 Sq Ft
$895/Sq Ft Est. Value

Last Sold May 15, 2014

Last sale price $2,400,000 $524 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $24,343/month

33 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Fitness Center
  • Beachland Elementary School Rated A-
  • Golf Course Community
  • Gated with Attendant

About This Home

As of May 2014

Pristine 4BR/Study/6.5BA Estate home at Orchid Island with estuary views. Direct access to the Indian River lagoon via canoe/kayak. Gourmet kitchen with Dacor gas cooktop/oven, granite surfaces, 14' coffered ceilings in living room, expansive covered lanai with infinity edge heated pool & spa. High end finishes throughout. Sizes are deemed reliable but are subject to error.

Last Agent to Sell the Property

Bob Niederpruem

Premier Estate Properties License #0522681 Listed on: 03/12/2014

Last Buyer's Agent

Bob Niederpruem

Premier Estate Properties License #0522681 Listed on: 03/12/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,539

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 128x201
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Sprinkler System
  • Few Trees

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Insulated Windows
  • Tinted Windows
  • Blinds
  • French Doors
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Free Form Pool
  • Gas Heated Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Purifier

Listing and Financial Details

  • Tax Lot 292
  • Assessor Parcel Number 31392200009000000292.0

Community Details

Overview

  • Association fees include common areas, security
  • Private Membership Available
  • Orchid Island Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,539

Year Built

Built in 2002

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 128x201
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: ORCHID ISLAND
  • Directions: Located off A1A 7/10's of a mile north of SR-510. Enter west gate. The guard will direct.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2002
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-388-3888
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Water Purifier, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Wood
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, Jetted Tub, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Insulated Windows, Single Hung, Tinted Windows, Window Treatments

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • Pool Features: Free Form, Gas Heat, Heated, Other, Pool, Private, Community
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Barbecue, Enclosed Porch, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Patio, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Attached, Driveway, Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Golf, Other, Pool, Tennis Court(s)
  • Association Fee: 3915.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Security

Lot Info

  • Parcel #: 31392200009000000292.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21539.0
  • Tax Lot: 292
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2014
Closed on
May 15, 2014
Sold by
Lucky Sunbeam Investments Ltd
Bought by
Clifford J Christopher and Clifford Aileen Keena
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Bob Niederpruem
Premier Estate Properties
List Price
$2,600,000
Sold Price
$2,400,000
Premium/Discount to List
-$200,000
-7.69%
Current Estimated Value
$4,101,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,701,931
Avg. Annual Appreciation
4.17%

Purchase Details

Closed on
Dec 2, 2002
Sold by
Banov Architecture & Const Inc
Bought by
Lucky Sunbeam Inv Ltd

Purchase Details

Closed on
Mar 19, 2001
Sold by
Sargent Roberta A
Bought by
Banov Architecture & Const Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2000
Sold by
Mcshane Creighton and Mcshane Louise P
Bought by
Sargent Robert A

Purchase Details

Closed on
Apr 30, 1998
Sold by
Orchid Island Prop Inc
Bought by
Mcshane Creighton and Mcshane Louise P
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
Clifford J Christopher $2,400,000 Attorney
Lucky Sunbeam Inv Ltd $2,177,000 --
Banov Architecture & Const Inc $380,000 --
Sargent Robert A $340,000 --
Mcshane Creighton $246,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banov Architecture & Const Inc $1,126,000
Previous Owner Banov Architecture & Const Inc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2014 05/15/14 Sold $2,400,000 -7.7% $524 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $2,600,000 -- $567 / 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 $23,900 $1,855,552 -- --
2023 $23,900 $1,750,736 $0 $0
2022 $23,481 $1,699,744 $0 $0
2021 $24,075 $1,650,237 $0 $0
2020 $24,877 $1,627,452 $412,116 $1,215,336
2019 $25,128 $1,627,510 $412,116 $1,215,394
2018 $24,967 $1,607,992 $379,580 $1,228,412
2017 $27,162 $1,629,739 $0 $0
2016 $31,666 $1,992,610 $0 $0
2015 $31,968 $1,992,610 $0 $0
2014 $19,711 $1,233,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 144798

APN: 31-39-22-00009-0000-00292.0