NOT LISTED FOR SALE

640 Sable Oak Ln Vero Beach, FL 32963

Estimated Value: $1,215,000 - $2,808,000

4 Beds
4.5 Baths
3,885 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $900,500 $232 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $10,572/month

327 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Fitness Center
  • Beachland Elementary School Rated A-
  • Steam Room
  • Gated with Attendant

About This Home

As of September 2020

A little bit of heaven, bright open courtyard home on the lake with amazing views. Over 4,000 sf of enjoyable living area. Gracious main home features tray ceilings & crown moldings, large picturesque windows, 2 BR, 2.5 BA (1 used as a den), master suite offers office/dressing area. A/C large storage room. Two story guest home has 2BR/2BA. Sizes are approx & subj to error.

Last Agent to Sell the Property

june fitzgerald

Dale Sorensen Real Estate Inc. License #3328666 Listed on: 10/08/2019

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

FREDRICA ASH

One Sotheby's Int'l Realty License #3322330

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,250

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 62x262
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,885 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Sliding Windows
  • French Doors
  • Steam Room
  • Sauna
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Intercom
  • Hurricane or Storm Shutters

Pool

  • Heated Pool
  • Outdoor Pool
  • Solar Heated Pool

Outdoor Features

  • Beach Access
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 32401800063000000002.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, maintenance structure, sewer, security, trash
  • Elliot Merrill Association
  • Bermuda Bay Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,250

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 62x262
  • Ownership: Single Family/Other
  • Subdivision Name: Bermuda Bay
  • Directions: North of Beachland Blvd on A1A - across from Village Shops.Guard gate will give directions.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1997
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Steam Room
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Closet Cabinetry, Crown Molding, High Ceilings, Split Bedrooms, Sauna, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3885.0
  • Stories: 2
  • Window Features: Single Hung, Sliding, Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Solar Heat, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Porch, Patio, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: In Unit
  • Security: Security System Owned, Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Game Room, Park, Tennis Court(s), Pool
  • Association Fee: 793.0
  • Association Name: ELLIOT MERRILL
  • Pets Allowed: Yes, Number Limit

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Maintenance Structure, Sewer, Security, Trash

Lot Info

  • Parcel #: 32401800063000000002.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8250.0
  • Tax Lot: 2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Sep 30, 2020
Sold by
Zelko Russell R
Bought by
Anderson Mark M and Monagle Susan
Seller's Agent
june fitzgerald
Dale Sorensen Real Estate Inc.
Buyer's Agent
FREDRICA ASH
One Sotheby's Int'l Realty
List Price
$1,050,000
Sold Price
$900,500
Premium/Discount to List
-$149,500
-14.24%
Current Estimated Value
$1,796,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,110
Avg. Annual Appreciation
15.27%
Original Mortgage
$700,000
Outstanding Balance
$626,967
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$1,192,379

Purchase Details

Closed on
Mar 1, 2005
Sold by
Livi Rourke Arlene C
Bought by
Zelko Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2000
Sold by
Rourke Arlene
Bought by
Rourke Arlene C

Purchase Details

Closed on
Feb 26, 1997
Sold by
Seacoast Dev Inc
Bought by
Rourke Arlene
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
Anderson Mark M $900,500 Oceanside Title & Escrow
Zelko Margaret H $925,000 --
Rourke Arlene C -- --
Rourke Arlene -- --
Rourke Arlene $137,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Mark M $700,000
Previous Owner Zelko Margaret H $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $900,500 -14.2% $232 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
10/08/2019 10/08/19 For Sale $1,050,000 -- $270 / 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 $10,291 $954,125 -- --
2023 $10,291 $900,229 $0 $0
2022 $10,068 $874,009 $0 $0
2021 $10,168 $848,553 $182,040 $666,513
2020 $8,185 $677,349 $0 $0
2019 $8,264 $662,120 $0 $0
2018 $8,250 $649,774 $0 $0
2017 $8,279 $636,409 $0 $0
2016 $8,440 $623,320 $0 $0
2015 $8,790 $618,990 $0 $0
2014 $8,730 $614,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 226310

APN: 32-40-18-00063-0000-00002.0