NOT LISTED FOR SALE

550 White Pelican Cir Vero Beach, FL 32963

Estimated Value: $2,649,000 - $3,780,000

4 Beds
4 Baths
3,715 Sq Ft
$823/Sq Ft Est. Value

Last Sold May 07, 2019

Last sale price $1,585,000 $427 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $18,471/month

178 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Gas Heated Pool
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Home fronts a pond

About This Home

As of May 2019

Welcome Home! This meticulous 4BR/4BA estate home offers stunning Golf & Lake views! Bright kitchen w/granite opens to a large Family/Dining area w/French doors leading to a screened lanai. Gracious owners suite & marble bath. 2 car garage + golf cart storage. Tropical outdoor entertaining by the custom pool w/expansive lake views. Sizes deemed reliable but sub. to error.

Last Agent to Sell the Property

Scott Oberlink

One Sotheby's Int'l Realty License #0703997 Listed on: 10/10/2018

One Sotheby's Int'l Realty

Co-Listed By

Heidi Levy

Orchid Island Realty License #0186829

Last Buyer's Agent

Heidi Levy

Orchid Island Realty License #0186829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,617

Year Built

  • Built in 1999

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 125 x 197
  • Home fronts a pond
  • Lake Front
  • West Facing Home

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,715 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Motion Detectors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Screened Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 167
  • Assessor Parcel Number 31392200003000000167.0

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,617

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.57
  • Lot Size: 125 x 197
  • Co List Office Mls Id: 0243
  • Co List Office Phone: 772-388-3888
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: Located off of A1A 7/10's mile North of C.R. 510, West Gate.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1999
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-388-3888
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Ice Maker, Microwave, None, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Marble
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3715.0
  • Stories: 1
  • Window Features: Single Hung

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Gas Heat, Heated, Pool, Private, Community
  • Pool Private: Yes
  • View: Golf Course, Pool, Lake
  • 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: Propane Tank - Owned
  • Patio And Porch Features: Patio, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Motion Detectors, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • 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, Other, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 325.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 31392200003000000167.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14617.0
  • Tax Lot: 167
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2018
Closed on
May 7, 2019
Sold by
Palmer Marilyn K
Bought by
Williams Gregory P and Williams Susanne M
Seller's Agent
Scott Oberlink
One Sotheby's Int'l Realty
Buyer's Agent
Heidi Levy
Orchid Island Realty
List Price
$1,685,000
Sold Price
$1,585,000
Premium/Discount to List
-$100,000
-5.93%
Current Estimated Value
$3,055,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,470,841
Avg. Annual Appreciation
10.32%
Original Mortgage
$549,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 5, 1998
Sold by
Orchid Island Prop Inc
Bought by
Palmer Wayne L and Palmer Marilyn K
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
Williams Gregory P $1,585,000 Attorney
Palmer Wayne L $300,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palmer Marilyn K $549,000
Previous Owner Palmer Wayne L $392,000
Previous Owner Palmer Wayne L $393,925
Previous Owner Palmer Wayne L $417,000
Previous Owner Palmer Wayne L $100,000
Previous Owner Palmer Wayne L $477,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2019 05/07/19 Sold $1,585,000 -5.9% $427 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
10/10/2018 10/10/18 For Sale $1,685,000 -- $454 / 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 $21,837 $2,503,747 $589,569 $1,914,178
2023 $21,837 $1,458,734 $0 $0
2022 $18,784 $1,326,122 $473,760 $852,362
2021 $18,294 $1,236,349 $400,064 $836,285
2020 $17,291 $1,101,095 $400,064 $701,031
2019 $14,118 $928,426 $0 $0
2018 $13,928 $911,114 $0 $0
2017 $14,617 $892,374 $0 $0
2016 $13,598 $874,020 $0 $0
2015 $13,635 $867,950 $0 $0
2014 $13,187 $861,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Oberlink

    Seller's Agent in 2019

    Scott Oberlink

    One Sotheby's Int'l Realty

    (772) 643-3181

    41 Total Sales

    Scott Oberlink
    Section Image

  • H

    Seller Co-Listing Agent in 2019

    Heidi Levy

    Orchid Island Realty

    (772) 473-4311

    60 Total Sales

    Heidi Levy
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 210842

APN: 31-39-22-00003-0000-00167.0

Florida Indian River County Vero Beach 32963

550 White Pelican Cir, Vero Beach, FL

This home is located at 550 White Pelican Cir, Vero Beach, FL 32963 since 10 October 2018 and is currently estimated at $3,055,841, approximately $822 per square foot. This property was built in 1999. 550 White Pelican Cir is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River High School.

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