NOT LISTED FOR SALE

585 Reef Rd Vero Beach, FL 32963

Estimated Value: $2,972,000 - $4,087,000

5 Beds
4.5 Baths
6,461 Sq Ft
$547/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $999,000 $155 Per Sq Ft

Est. 254% increase in value since last sale

Current estimated payment $21,744/month

1 Day on Market

Highlights

  • Free Form Pool
  • Marble Flooring
  • Hydromassage or Jetted Bathtub
  • Beachland Elementary School Rated A-
  • Main Floor Primary Bedroom
  • 1 Fireplace

About This Home

As of December 2012

LUXURY!!!East of A1A. Offers will not be considered until 7 calendar days after initial listing period begins. Offers from buyers utilizing federal funds under the NSP program, municipalities, nonprofit organizations and owner-occupants will be considered during the 8th to 12th calendar days after the initial listing date. After the 13th day all offers will be considered

Last Agent to Sell the Property

Jose Marrero

Vero Realty Advisors LLC Brokerage Phone: 772-794-1400 License #3422195 Listed on: 11/19/2012

Last Buyer's Agent

Bob Richey

Alex MacWilliam, Inc. License #3086788

Alex MacWilliam, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,983

Year Built

  • Built in 2007

Lot Details

  • East Facing Home
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Tinted Windows
  • French Doors
  • Pool Views
  • Laundry in unit

Kitchen

  • Cooktop
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Hydromassage or Jetted Bathtub

Pool

  • Free Form Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Patio

Utilities

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

Community Details

  • Oceanside Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 33402100009000000019.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,983

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: .51ac
  • Ownership: Single Family/Other
  • Subdivision Name: OCEANSIDE
  • Directions: A1A south of 17th Street bridge turn east across the Moorings to Reef Rd
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2007
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-794-1400
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Cooktop, Electric Water Heater, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Primary Downstairs, Split Bedrooms, French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Impact Glass, None, Tinted Windows

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Free Form, Other, Pool, Private
  • Pool Private: Yes
  • View: Other, Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Sprinkler/Irrigation, Outdoor Shower, Patio
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Amenities: Dues Paid Annually
  • Association Fee: 400.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 33402100009000000019.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 15983.0
  • Tax Lot: 19
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2012
Closed on
Dec 20, 2012
Sold by
Wells Fargo Bank Na
Bought by
Oaklander Elliott Roy and Oaklander Anne H
Seller's Agent
Jose Marrero
Vero Realty Advisors LLC
Buyer's Agent
Bob Richey
Alex MacWilliam, Inc.
List Price
$999,000
Sold Price
$999,000
Current Estimated Value
$3,537,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,538,173
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Sep 4, 2012
Sold by
Vieira Isabel and Vieira Manuel S
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 18, 2012
Sold by
Vieira Manuel S
Bought by
Vieira Isabel

Purchase Details

Closed on
Nov 6, 2002
Sold by
Boyd Louis J and Boyd Pamela A
Bought by
Vieira Manuel S and Vieira Isabel

Purchase Details

Closed on
May 30, 2000
Sold by
Clegg Patricia A and Clegg Elmer I
Bought by
Macaulay Marguerite A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.14%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Cachaldora Jose Luis and Cachaldora Carmen Yvonne
Bought by
Clegg Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.51%

Purchase Details

Closed on
Mar 27, 1996
Sold by
Cachaldora Carmen Yvonne and Vara Carmen Y
Bought by
Cachaldora Jose Luis and Cachaldora Carmen Yvonne
Source: Public Records
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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
Oaklander Elliott Roy $999,000 Attorney
Wells Fargo Bank Na $600,400 None Available
Vieira Isabel -- Attorney
Vieira Manuel S $300,000 --
Macaulay Marguerite A $170,000 --
Clegg Patricia A $156,000 --
Cachaldora Jose Luis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macaulay Marguerite A $153,000
Previous Owner Clegg Patricia A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $999,000 0.0% $155 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
11/19/2012 11/19/12 For Sale $999,000 -- $155 / 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 $38,980 $2,784,852 $563,480 $2,221,372
2024 $30,381 $2,673,442 $563,480 $2,109,962
2023 $30,381 $1,835,780 $0 $0
2022 $25,405 $1,969,274 $500,871 $1,468,403
2021 $22,240 $1,517,174 $375,653 $1,141,521
2020 $21,870 $1,469,703 $375,653 $1,094,050
2019 $22,175 $1,418,858 $313,045 $1,105,813
2018 $21,731 $1,370,864 $313,045 $1,057,819
2017 $23,032 $1,430,624 $0 $0
2016 $22,675 $1,455,590 $0 $0
2015 $21,053 $1,258,840 $0 $0
2014 $18,146 $1,104,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 132572

APN: 33-40-21-00009-0000-00019.0