Seller's Agent in 2023
Matilde Sorensen
Dale Sorensen Real Estate Inc.
(772) 532-0010
34 in this area
240 Total Sales
560 Reef Rd Vero Beach, FL 32963
Estimated Value: $4,478,000 - $4,881,000
4
Beds
3
Baths
3,687
Sq Ft
$1,266/Sq Ft
Est. Value
Highlights
- Ocean Front
- Outdoor Pool
- 1 Fireplace
- Beachland Elementary School Rated A-
- Marble Flooring
- Balcony
About This Home
As of April 2023Oceanfront paradise w/100 ft. of ocean frontage & pool. Modern, sleek design throughout. Living area w/ fireplace opens to ocean view & patio. Primary suite features balcony & ocean views. Spacious kitchen. Nestled among mature palms for privacy & seclusion. Excellent location near Mooring Yacht & Country Club. Sizes approx./subject to error.
Last Agent to Sell the Property
Dale Sorensen Real Estate Inc. License #0316531 Listed on: 03/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $34,307
Year Built
- Built in 1987
Lot Details
- Lot Dimensions are 103x350
- Ocean Front
- West Facing Home
- Fenced
- Sprinkler System
Parking
- 2 Car Attached Garage
Home Design
- Metal Roof
Interior Spaces
- 3,687 Sq Ft Home
- 2-Story Property
- Built-In Features
- 1 Fireplace
- Awning
- Window Treatments
- Sliding Doors
- Marble Flooring
- Ocean Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Pool
- Outdoor Pool
- Heated Pool
- Outdoor Shower
Outdoor Features
- Property has ocean access
- Beach Access
- Seawall
- Balcony
- Patio
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Septic Tank
Community Details
- Oceanside Subdivision
Listing and Financial Details
- Tax Lot 5
- Assessor Parcel Number 33402100009000000005.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2023
Closed on
Apr 8, 2023
Sold by
Pje-Vero Llc
Bought by
John L Colton Trust
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Mike O'Brien
Dale Sorensen Real Estate Inc.
List Price
$4,881,000
Sold Price
$4,690,500
Premium/Discount to List
-$190,500
-3.9%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,069
Avg. Annual Appreciation
-0.17%
Purchase Details
Closed on
Jan 5, 2010
Sold by
Damico Lena G
Bought by
Pje Vero Llc
Purchase Details
Closed on
May 12, 2006
Sold by
May Jonathan J and May Lena G Damico
Bought by
Damico Lena G
Purchase Details
Closed on
Jul 15, 2005
Sold by
Pisacano Charles J and Pisacano Margo Wharton
Bought by
May Jonathan J and May Lena G Damico
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,880,000
Interest Rate
5.25%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 30, 1999
Sold by
Savage George R and Savage Carol A
Bought by
Pisacano Charles J and Pisacano Margo Wharton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
7.68%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| John L Colton Trust | $4,690,500 | None Listed On Document | |
| Pje Vero Llc | $1,750,000 | Attorney | |
| Damico Lena G | -- | -- | |
| May Jonathan J | $2,250,000 | Oceanside Title & Escrow | |
| Pisacano Charles J | $760,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | May Jonathan J | $2,880,000 | |
| Previous Owner | Pisacano Charles J | $490,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/12/2023 04/12/23 | Sold | $4,690,500 | -3.9% | $1,272 / Sq Ft |
| 03/06/2023 03/06/23 | For Sale | $4,881,000 | -- | $1,324 / Sq Ft |
Source: REALTORS® Association of Indian River County
Tax History Compared to Growth
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 | $59,405 | $4,198,485 | $1,693,515 | $2,504,970 |
| 2024 | $38,104 | $3,993,644 | $1,568,699 | $2,424,945 |
| 2023 | $38,104 | $2,655,091 | $0 | $0 |
| 2022 | $34,307 | $2,455,815 | $1,568,699 | $887,116 |
| 2021 | $32,083 | $2,194,290 | $1,506,290 | $688,000 |
| 2020 | $32,139 | $2,165,441 | $1,506,290 | $659,151 |
| 2019 | $36,882 | $2,419,407 | $1,752,360 | $667,047 |
| 2018 | $35,340 | $2,390,188 | $1,752,360 | $637,828 |
| 2017 | $32,696 | $2,164,474 | $0 | $0 |
| 2016 | $32,165 | $2,237,970 | $0 | $0 |
| 2015 | $27,275 | $1,611,630 | $0 | $0 |
| 2014 | $24,539 | $1,495,470 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matilde Sorensen
-
Mike O'Brien
M
Buyer's Agent in 2023
Mike O'Brien
Dale Sorensen Real Estate Inc.
(772) 766-3293
3 in this area
16 Total Sales
Map
Source: REALTORS® Association of Indian River County
MLS Number: 266792
APN: 33-40-21-00009-0000-00005.0
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