NOT LISTED FOR SALE

538 White Pelican Cir Vero Beach, FL 32963

Estimated Value: $3,284,000 - $4,246,000

4 Beds
4.5 Baths
4,173 Sq Ft
$862/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $2,380,000 $570 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $22,119/month

80 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Free Form Pool

About This Home

As of May 2021

Spectacular estate designed by renowned architect Andrew Kirscher and built by prominent bldr Jones & Jones. Exquisite chef’s kitchen, granite surfaces, 14’ coffered & pyramid ceilings. Inclds sep 1 br/1ba guest cabana, charming English garden center c'yard, with creeping fig vine on arched columns. Pool/spa, summer kitchen, incredible lake/golf views. Sizes approx. See full disclaimer.

Last Agent to Sell the Property

Bob Niederpruem

Premier Estate Properties License #0522681 Listed on: 02/05/2021

Last Buyer's Agent

Heidi Levy

Orchid Island Realty License #0186829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,339

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 127x221
  • Home fronts a pond
  • Lake Front
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 4,173 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Tinted Windows
  • Blinds
  • French Doors
  • Golf Course Views
  • Pull Down Stairs to Attic

Kitchen

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

Flooring

  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Free Form Pool
  • Gas Heated Pool
  • Outdoor Shower

Outdoor Features

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

Additional Features

  • Solar Water Heater
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Tax Lot 161
  • Assessor Parcel Number 31392200003000000161.0

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Spa
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,339

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 127x221
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: A1A to Orchid Island through west gate. 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: 2000
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Solar Hot Water, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate
  • Interior Amenities: Attic, Bathtub, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Pantry, Pull Down Attic Stairs, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 4173.0
  • Stories: 1
  • Window Features: Blinds, Tinted Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System Owned, Gated with Guard, Security Guard
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Other, Property Manager On-Site, Tennis Court(s), Trails/Paths
  • Association Fee: 368.16
  • Association Name: n/a
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 31392200003000000161.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15339.0
  • Tax Lot: 161
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 27, 2021
Sold by
Scherpf Joseph C and Scherpf Cynthia
Bought by
Muncey James S and Odell Lauren F
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Heidi Levy
Orchid Island Realty
List Price
$2,499,000
Sold Price
$2,380,000
Premium/Discount to List
-$119,000
-4.76%
Current Estimated Value
$3,598,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,218,503
Avg. Annual Appreciation
9.12%
Original Mortgage
$1,556,000
Outstanding Balance
$1,446,854
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,001,828

Purchase Details

Listed on
Feb 5, 2021
Closed on
May 14, 2021
Sold by
Scherpf Joseph C
Bought by
Westmark Land Company
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Heidi Levy
Orchid Island Realty
List Price
$2,499,000
Sold Price
$2,380,000
Premium/Discount to List
-$119,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,556,000
Outstanding Balance
$1,446,854
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$2,001,828

Purchase Details

Closed on
Feb 12, 1998
Sold by
Orchid Island Prop Inc
Bought by
Scherpf Joseph
Source: Public Records

Range of Values:

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Average Value
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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
Muncey James S $2,380,000 Attorney
Westmark Land Company $125,000 Attorney
Scherpf Joseph $313,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muncey James S $1,556,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $2,380,000 -4.8% $570 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $2,499,000 -- $599 / 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 $30,146 $2,332,570 -- --
2023 $30,146 $2,200,807 $0 $0
2022 $29,622 $2,136,706 $456,045 $1,680,661
2021 $14,855 $1,029,873 $0 $0
2020 $15,339 $1,015,654 $0 $0
2019 $15,133 $992,819 $0 $0
2018 $14,929 $974,307 $0 $0
2017 $15,670 $954,268 $0 $0
2016 $14,577 $934,640 $0 $0
2015 $14,616 $928,150 $0 $0
2014 $14,137 $920,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 240704

APN: 31-39-22-00003-0000-00161.0