$310,000
SOLD JAN 20, 2021

585 Cavern Terrace Sebastian, FL 32958

Sebastian Highlands Neighborhood
3 Beds
2 Baths
1,865 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

5% Below List Price

41 Days on Market

Highlights

  • Outdoor Pool
  • High Ceiling
  • Hurricane or Storm Shutters
  • Roman Tub
  • Pool View
  • Screened Patio

About This Home

As of January 2021

CBS pool home w/paver drvwy, hurr shutters, wood ceiling in entryway & patio, fresh paint. Mahogany shutters in LR, Plantations in bedrooms. Tile in main living area; new carpet in bedrooms. Lrg Mstr BR w/trey ceiling w/his&her closets. Open kitchen w/new stove/micr, new AC, Pool heater & high perf pool pump, scrnd/heated. 24' wide covered patio & 12x16 shed w/front/back entry. NO HOA!

Last Agent to Sell the Property

Kathy Hainey

Dale Sorensen Real Estate Inc. License #3425676 Listed on: 11/09/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Matthew Panetta

RE/MAX Gold License #3450015

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,836

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 80x125
  • South Facing Home
  • Fenced

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,865 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Pool Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool
  • Screen Enclosure

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Sebastian Highlands Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 31382500001283000016.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,836

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 80x125
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Sebastian Highlands
  • Directions: Sebastian Blvd. to south on Laconia, left on Periwinkle, left on Caravan Terrace
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2003
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 1865.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Electric Heat, Heated, Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Fence, Storm/Security Shutters
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31382500001283000016.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3836.0
  • Tax Lot: 16
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Villani Elizabeth Ivona
Bought by
Jb Coastal Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$315,000
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$130,495

Purchase Details

Listed on
Nov 9, 2020
Closed on
Jan 15, 2021
Sold by
Slatt Ron and Slatt Lou Ann
Bought by
Villani Elizabeth Ivona
Seller's Agent
Kathy Hainey
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matthew Panetta
RE/MAX Gold
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Listed on
Dec 17, 2013
Closed on
Jan 27, 2014
Sold by
Deutsche Bank National Trust Company
Bought by
Slatt Ron and Slatt Lou Ann M
List Price
$167,000
Sold Price
$161,229
Premium/Discount to List
-$5,771
-3.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Nov 12, 2013
Sold by
Keane Patricia E and Keane John J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 24, 2003
Sold by
Cole James A
Bought by
Keane John J and Keane Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
5.98%

Purchase Details

Closed on
May 14, 2003
Sold by
Alaggio Teri
Bought by
James A Cole Sr Rev Living Tr
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $420,000 None Listed On Document
Warranty Deed $420,000 None Listed On Document
Warranty Deed $310,000 Professional Ttl Of Treasure
Special Warranty Deed $161,229 Premium Title Services Inc
Trustee Deed $86,000 Attorney
Warranty Deed $150,000 --
Warranty Deed $10,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 New Conventional
Closed $315,000 New Conventional
Previous Owner $94,735 Unknown
Previous Owner $208,000 Unknown
Previous Owner $152,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Pending -- -- --
05/09/2025 05/09/25 For Sale $440,000 +41.9% $236 / Sq Ft
01/20/2021 01/20/21 Sold $310,000 -4.6% $166 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $325,000 +101.6% $174 / Sq Ft
01/31/2014 01/31/14 Sold $161,229 -3.5% $86 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $167,000 -- $89 / 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 $5,780 $394,525 $54,400 $340,125
2023 $5,780 $383,565 $51,000 $332,565
2022 $5,431 $325,607 $31,960 $293,647
2021 $3,520 $239,261 $0 $0
2020 $3,529 $235,958 $24,140 $211,818
2019 $3,956 $258,329 $24,140 $234,189
2018 $4,601 $256,289 $22,100 $234,189
2017 $4,272 $235,477 $0 $0
2016 $3,950 $205,250 $0 $0
2015 $3,713 $182,480 $0 $0
2014 $3,134 $155,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Moe Mossa

    Seller's Agent in 2025

    Moe Mossa

    Savvy Avenue, LLC

    (888) 490-1268

    3 in this area

    2,771 Total Sales

    Moe Mossa
    Section Image
  • Kathy Hainey

    Seller's Agent in 2021

    Kathy Hainey

    Dale Sorensen Real Estate Inc.

    (772) 584-9674

    53 in this area

    171 Total Sales

    Kathy Hainey
    Section Image

  • M

    Buyer's Agent in 2021

    Matthew Panetta

    RE/MAX

    (772) 257-8000

    3 in this area

    60 Total Sales

    Matthew Panetta
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 237378

APN: 31-38-25-00001-2830-00016.0

Florida Indian River County Sebastian 32958 Sebastian Highlands

585 Cavern Terrace, Sebastian, FL

This home is located at 585 Cavern Terrace, Sebastian, FL 32958 and is currently priced at $310,000, approximately $166 per square foot. This property was built in 2003. 585 Cavern Terrace is a home located in Indian River County with nearby schools including Pelican Island Elementary School, Sebastian River Middle School, and Sebastian River High School.

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