NOT LISTED FOR SALE

655 Reef Rd Vero Beach, FL 32963

Estimated Value: $2,082,000 - $2,927,000

5 Beds
6 Baths
3,926 Sq Ft
$647/Sq Ft Est. Value

Last Sold July 21, 2021

Last sale price $1,950,000 $497 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $15,400/month

83 Days on Market

Highlights

  • Beach Access
  • Outdoor Pool
  • Garden View
  • Beachland Elementary School Rated A-
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2021

Location, location, location! Huge, fenced lot across from the ocean access with peak of the ocean. 14 ft. ceilings, 8 ft. doors, crown molding, granite island kitchen, windows/doors - most are impact, all bedrooms en-suite with updated baths. Spacious lanai, heated pool, hot-tub, gas fireplace, wood floors, wet bar, in-law suite, minimal restrictions.

Last Agent to Sell the Property

Debbie Bell

Berkshire Hathaway Florida License #0672183 Listed on: 03/29/2021

Berkshire Hathaway Florida

Last Buyer's Agent

Jonathan Sawyer

Dale Sorensen Real Estate Inc. License #3421063

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,227

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 121x167
  • East Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 3,926 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Blinds
  • French Doors
  • Garden Views
  • Pull Down Stairs to Attic

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 6 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Beach Access
  • Rain Gutters

Utilities

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

Community Details

  • Self Managed Association
  • Oceanside Subdivision

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 33402100009000000022.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,227

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 121x167
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Oceanside
  • Directions: From 17th Street: A1A south, left on Seagrape, left on Reef.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1991
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-1270
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Attic, Bathtub, Crown Molding, High Ceilings, Jetted Tub, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3926.0
  • Stories: 2
  • Window Features: Blinds, Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Garden
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Fence, Sprinkler/Irrigation, Rain Gutters, Propane Tank - Leased, Storm/Security Shutters
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Tub, In Unit
  • Security: Security System Owned, Closed Circuit Camera(s)
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Association Fee: 33.33
  • Association Name: Self-Managed
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 33402100009000000022.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14227.0
  • Tax Lot: 22
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 21, 2021
Sold by
Gillis David M and Gillis Jennifer Vernon
Bought by
Gattuso John J and Gattuso Maria R
Seller's Agent
Debbie Bell
Berkshire Hathaway Florida
Buyer's Agent
Jonathan Sawyer
Dale Sorensen Real Estate Inc.
List Price
$2,399,000
Sold Price
$1,950,000
Premium/Discount to List
-$449,000
-18.72%
Current Estimated Value
$2,542,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$592,496
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,476,000
Outstanding Balance
$1,319,153
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$1,221,180

Purchase Details

Listed on
Jun 5, 2012
Closed on
Feb 14, 2013
Sold by
Rosato Ralph M and Rosato Catherine R
Bought by
Gillis David M and Gillis Jennifer Vernon
Seller's Agent
Michael Thorpe
One Sotheby's Int'l Realty
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$975,000
Sold Price
$900,000
Premium/Discount to List
-$75,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%
Original Mortgage
$417,000
Interest Rate
2.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2001
Sold by
Schultz Larry D and Schultz Monica Nesbit
Bought by
Rosato Ralph M and Rosato Catherine R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
7.08%

Purchase Details

Closed on
Apr 14, 2000
Sold by
Stack David M and Atack April S
Bought by
Schultz Larry D and Schultz Monica Nesbit

Purchase Details

Closed on
May 15, 1998
Sold by
Timinsky John and Timinsky Janice
Bought by
Stack David M and Stack April S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gattuso John J $1,950,000 Elite Ttl Of Treasure Coast
Gillis David M $900,000 Oceanside Title & Escrow
Rosato Ralph M $750,000 --
Schultz Larry D $700,000 --
Stack David M $565,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gattuso John J $1,476,000
Previous Owner Gillis David M $417,000
Previous Owner Rosato Ralph M $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/21/2021 07/21/21 Sold $1,950,000 -18.7% $497 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $2,399,000 +166.6% $611 / Sq Ft
02/14/2013 02/14/13 Sold $900,000 -7.7% $338 / Sq Ft View Prior Sale
01/15/2013 01/15/13 Pending -- -- --
06/15/2012 06/15/12 For Sale $975,000 -- $366 / 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 $25,261 $1,808,338 -- --
2024 $22,917 $1,771,064 -- --
2023 $22,917 $1,671,020 $0 $0
2022 $22,145 $1,603,999 $527,757 $1,076,242
2021 $14,225 $1,004,970 $0 $0
2020 $14,227 $991,095 $0 $0
2019 $14,731 $968,812 $329,848 $638,964
2018 $14,942 $930,762 $329,848 $600,914
2017 $15,728 $965,188 $0 $0
2016 $15,470 $977,510 $0 $0
2015 $14,545 $866,500 $0 $0
2014 $12,299 $747,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Debbie Bell

    Berkshire Hathaway Florida

    (772) 473-7255

    10 in this area

    133 Total Sales

    Debbie Bell
    Section Image

  • J

    Buyer's Agent in 2021

    Jonathan Sawyer

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    1 in this area

    54 Total Sales

    Jonathan Sawyer
    Section Image

  • S

    Buyer Co-Listing Agent in 2021

    Sylvia Sawyer

    Dale Sorensen Real Estate Inc.

    (772) 742-2333

    1 in this area

    59 Total Sales

    Sylvia Sawyer
    Section Image
  • Michael Thorpe

    Seller's Agent in 2013

    Michael Thorpe

    One Sotheby's Int'l Realty

    (772) 492-1002

    3 in this area

    95 Total Sales

    Michael Thorpe
    Section Image

  • L

    Buyer's Agent in 2013

    Laurie Barfield

    The Keyes Company - Stuart

    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 242356

APN: 33-40-21-00009-0000-00022.0

Florida Indian River County Vero Beach 32963

655 Reef Rd, Vero Beach, FL

Not Listed for Sale

Detached

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