NOT LISTED FOR SALE

555 Highway A1a Vero Beach, FL 32963

Estimated Value: $4,608,000 - $6,816,000

6 Beds
6 Baths
4,491 Sq Ft
$1,312/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $4,800,000 $1,069 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $36,319/month

16 Days on Market

Highlights

  • Outdoor Pool
  • River View
  • 4 Fireplaces
  • Beachland Elementary School Rated A-
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of July 2020

Only available A1A to River estate on the market! Boasting nearly 3 acres with 141+/- Ft of direct river frontage. Main house offers expansive water views from nearly every room. Finishes incl. pecky cypress, coquina fireplace, Mexican tile floors & wood ceilings. Private guest cottage incl 2BR/2BA, living rm, kitchen & outdoor area. A riverfront oasis! Sizes approx./subject to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 05/15/2020

Dale Sorensen Real Estate Inc.

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

  • $25,688

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 141x918
  • River Front
  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 4 Fireplaces
  • Sliding Doors
  • River Views
  • Hurricane or Storm Shutters

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 33401600000003000014.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,688

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 141x918
  • Ownership: Single Family/Other
  • Subdivision Name: Other
  • Directions: South on A1A just past Sunset Point.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1981
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 6
  • Door Features: Sliding Doors
  • Fireplaces: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Crown Molding, Kitchen Island, Pantry, Walk-In Closet(s)
  • Stories: 2
  • Window Features: Single Hung, Window Treatments

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: Balcony, Fence, Sprinkler/Irrigation, Porch, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Shake, Wood

Garage/Parking

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

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 33401600000003000014.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25688.0
  • Tax Lot: 3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2020
Closed on
Jul 1, 2020
Sold by
Luther John M and Luther Nancy R
Bought by
Barnett Victoria U and Barnett Andrew A
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Elizabeth Sorensen
Dale Sorensen Real Estate Inc.
List Price
$5,000,000
Sold Price
$4,800,000
Premium/Discount to List
-$200,000
-4%
Current Estimated Value
$5,891,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,091,407
Avg. Annual Appreciation
3.81%
Original Mortgage
$2,200
Outstanding Balance
$1,850
Interest Rate
1.01%
Mortgage Type
Unknown
Estimated Equity
$5,889,557
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Barnett Victoria U $48,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Victoria U $2,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $4,800,000 -4.0% $1,069 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $5,000,000 -- $1,113 / 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
2025 $64,324 $4,566,144 -- --
2024 $59,676 $4,566,144 -- --
2023 $59,676 $4,304,343 $0 $0
2022 $58,360 $4,178,974 $0 $0
2021 $58,677 $4,057,257 $1,821,975 $2,235,282
2020 $25,518 $1,750,961 $0 $0
2019 $25,688 $1,711,594 $0 $0
2018 $25,544 $1,679,680 $0 $0
2017 $25,427 $1,645,133 $0 $0
2016 $25,147 $1,609,430 $0 $0
2015 $26,055 $1,598,250 $0 $0
2014 $25,474 $1,585,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 232449

APN: 33-40-16-00000-0030-00014.1