NOT LISTED FOR SALE

620 Reef Rd Vero Beach, FL 32963

Estimated Value: $1,625,000 - $3,197,958

7 Beds
4.5 Baths
5,244 Sq Ft
$500/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $1,710,000 $326 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $15,845/month

1,254 Days on Market

Highlights

  • Ocean Front
  • Steam Room
  • Deck
  • Beachland Elementary School Rated A-
  • Free Form Pool
  • Wooded Lot

About This Home

As of February 2017

Comfortable family living & gracious entertaining are the focus of this exceptional oceanfront residence. Ocean views sweep throughout light-bathed open layout totaling 5244+ sq ft w/7 bdrms, 4.5 bths, & 2-car garage. Impact-glass doors/windows, high-end appliances, free-form pool, oceanfront roof deck, & 2 dbl-sided coral-stone fireplaces. Sizes approx. See full disclaimer attachment.

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty Brokerage Phone: 772-234-5555 License #0326961 Listed on: 08/22/2013

One Sotheby's Int'l Realty

Last Buyer's Agent

Cindy O'Dare

One Sotheby's Int'l Realty Brokerage Phone: 772-234-5555 License #0326961 Listed on: 08/22/2013

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,630

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 103x369
  • Ocean Front
  • West Facing Home
  • Sprinkler System
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • Vaulted Ceiling
  • 2 Fireplaces
  • Awning
  • Casement Windows
  • French Doors
  • Steam Room
  • Sauna
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Intercom
  • Hurricane or Storm Shutters

Pool

  • Free Form Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Seawall
  • Balcony
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Oceanside Subdivision

Listing and Financial Details

  • Tax Lot 1&2
  • Assessor Parcel Number 33402100009000000001.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,630

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 103x369
  • Co List Office Mls Id: 0093
  • Co List Office Phone: 772-321-0683
  • Ownership: Single Family/Other
  • Subdivision Name: OCEANSIDE
  • Directions: From Beachland, take A1A south to Seagrape, east to Reef Rd, north to property on the right
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1988
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Steam Room
  • Appliances: Built-In Oven, Cooktop, Down Draft, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Bathtub, Crown Molding, High Ceilings, Intercom, Jetted Tub, Kitchen Island, Sauna, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Casement Window(s), Impact Glass

Exterior Features

  • Lot Features: Moderate Trees, 1/2 to 1 Acre Lot
  • Pool Features: Free Form, Other, Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Awning(s), Balcony, Deck, Sprinkler/Irrigation, Outdoor Shower, Porch, Propane Tank - Leased, Storm/Security Shutters
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 33402100009000000001.1
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 27630.0
  • Tax Lot: 1&2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Feb 27, 2017
Sold by
Mayo Brian T and Mayo Elizabeth A
Bought by
Paradise Found Vero Beach Llc
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
List Price
$2,995,000
Sold Price
$1,710,000
Premium/Discount to List
-$1,285,000
-42.9%
Current Estimated Value
$2,624,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$914,240
Avg. Annual Appreciation
4.92%

Purchase Details

Closed on
May 23, 2001
Sold by
Watrous Patrice S
Bought by
Mayo Brian T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2000
Sold by
Vara Juliette Marie and Varia Juliette Marie
Bought by
Watrous Patrice S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage
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
Paradise Found Vero Beach Llc $1,710,000 Attorney
Mayo Brian T $1,500,000 --
Watrous Patrice S $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayo Brian T $650,000
Previous Owner Watrous Patrice S $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2017 02/27/17 Sold $1,710,000 -42.9% $326 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
08/22/2013 08/22/13 For Sale $2,995,000 -- $571 / 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 $27,106 $1,939,652 -- --
2024 $25,131 $1,939,652 -- --
2023 $25,131 $1,830,085 $0 $0
2022 $24,569 $1,776,782 $0 $0
2021 $24,692 $1,725,031 $0 $0
2020 $27,779 $1,870,011 $1,424,354 $445,657
2019 $28,679 $1,846,309 $1,395,924 $450,385
2018 $28,772 $1,827,288 $1,395,924 $431,364
2017 $27,212 $1,697,018 $0 $0
2016 $33,600 $2,317,460 $0 $0
2015 $28,781 $1,702,540 $0 $0
2014 $23,697 $1,481,790 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 139417

APN: 33-40-21-00009-0000-00001.1