NOT LISTED FOR SALE

5740 Marina Dr Unit 3 Sebastian, FL 32958

Estimated Value: $221,314 - $249,000

2 Beds
2 Baths
1,060 Sq Ft
23.71 Acres

Last Sold October 18, 2016

Last sale price $134,000 $126 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,471/month

5 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Gated Community
  • Access To Intracoastal Waterway
  • Heated Pool
  • Clubhouse

About This Home

As of October 2016

Come See this Great 2nd Floor unit, FURNISHED/TURN KEY for you, just bring your suitcase. Close on this unit before years end and you will have tenants January 1 through April 30, 2017 @ $1800/month and reap the financial benefit, LEASE MUST be Honored, then you can take occupancy May 1st, 2017 A/C NEW 2014 :) Hurry, very few units available in Pelican this year, this won't last long.

Last Agent to Sell the Property

Kim Salmon

RE/MAX Crown Realty License #3252428 Listed on: 09/12/2016

RE/MAX Crown Realty

Last Buyer's Agent

Kim Salmon

RE/MAX Crown Realty License #3252428 Listed on: 09/12/2016

RE/MAX Crown Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,488

Year Built

  • Built in 1986

Lot Details

  • Northwest Facing Home

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Vaulted Ceiling
  • Window Treatments
  • Sliding Windows
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 31392100005009200003.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, maintenance structure, parking, recreation facilities, reserve fund, roof, security, trash
  • Pelican Pointe Seb Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,488

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: Pelican Pointe-Seb
  • Directions: US1 to Barber Street, enter the community through the front gate, continue on Marina Drive, take the 2nd LEFT into the FIRST PARKING LOT ON LEFT. Building is 5740 and is Coral/Pink.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1986
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-589-3054
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1060.0
  • Stories: 2
  • Window Features: Sliding, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Other
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: Northwest
  • Exterior Features: Enclosed Porch, Porch
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Closet
  • Security: Gated Community, Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Golf, Sauna, Shuffleboard, Tennis Court(s), Water Access, Pool
  • Association Fee: 1300.0
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Roof, Security, Trash

Lot Info

  • Parcel #: 31392100005009200003.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1488.0
  • Tax Lot: 3
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Oct 18, 2016
Sold by
Whitley Mark and Whitley Mary
Bought by
Dunne John and Dicaterino Ann
Seller's Agent
Kim Salmon
RE/MAX Crown Realty
Buyer's Agent
Kim Salmon
RE/MAX Crown Realty
List Price
$138,500
Sold Price
$134,000
Premium/Discount to List
-$4,500
-3.25%
Current Estimated Value
$238,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,329
Avg. Annual Appreciation
6.68%

Purchase Details

Closed on
Apr 26, 2002
Sold by
Cochran Donald R and Raggo Cochran Mary
Bought by
Whitley Mark and Whitley Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,950
Interest Rate
7.16%

Purchase Details

Closed on
Oct 14, 1998
Sold by
Cochran Mary Raggo
Bought by
Cochran Donald R and Cochran Mary Raggo

Purchase Details

Closed on
Jul 22, 1998
Sold by
Cochran Mary Raggo
Bought by
Cochran Donald R and Cochran Mary Raggo
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
Dunne John $134,000 Professional Title
Whitley Mark $95,500 --
Cochran Donald R -- --
Cochran Donald R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Whitley Mark $85,950
Previous Owner Cochran Donald R $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $134,000 -3.2% $126 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $138,500 -- $131 / 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 $2,490 $221,076 -- $221,076
2023 $2,490 $153,222 $0 $0
2022 $2,157 $152,906 $0 $152,906
2021 $1,952 $126,630 $0 $126,630
2020 $1,973 $126,630 $0 $126,630
2019 $2,006 $126,630 $0 $126,630
2018 $1,839 $112,860 $0 $112,860
2017 $1,787 $108,000 $0 $0
2016 $1,229 $110,500 $0 $0
2015 $1,488 $85,000 $0 $0
2014 $1,327 $77,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Salmon

    Seller's Agent in 2016

    Kim Salmon

    RE/MAX

    (772) 643-3451

    119 Total Sales

    Kim Salmon
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 175914

APN: 31-39-21-00005-0092-00003.0

Florida Indian River County Sebastian 32958

5740 Marina Dr Unit 3, Sebastian, FL

This home is located at 5740 Marina Dr Unit 3, Sebastian, FL 32958 since 12 September 2016 and is currently estimated at $238,329, approximately $224 per square foot. This property was built in 1986. 5740 Marina Dr Unit 3 is a home located in Indian River County with nearby schools including Pelican Island Elementary School, Storm Grove Middle School, and Sebastian River High School.

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