NOT LISTED FOR SALE

660 Reef Rd Vero Beach, FL 32963

Estimated Value: $2,473,000 - $7,722,562

4 Beds
4.5 Baths
5,368 Sq Ft
$950/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $4,900,000 $913 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $35,365/month

132 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Marble Flooring
  • Beachland Elementary School Rated A-
  • Gated Community
  • Hydromassage or Jetted Bathtub

About This Home

As of May 2014

Oceanfront villa, w/ panoramic ocean views situated on approx. 2 acres, 200+ ft. of direct beach frontage. RECONSTRUCTED AND EXPANDED IN 2006. Private gate and beautiful dramatic entrance. All on one-level, with highest quality granite, marble, custom craftsmanship & cabinetry, 3-car garage with A/C. Sizes approx./subj. to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #0316531 Listed on: 12/10/2013

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #0316531 Listed on: 12/10/2013

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $57,496

Year Built

  • Built in 1969

Lot Details

  • Lot Dimensions are 205x417
  • Ocean Front
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • 3 Fireplaces
  • Blinds
  • Casement Windows
  • French Doors
  • Ocean Views

Kitchen

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

Flooring

  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Intercom

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Floralton Beach Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 33402200000001000010.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$57,496

Year Built

Built in 1969

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 205x417
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: FLORALTON BEACH
  • Directions: From 17th St. Causeway, south on Hwy. A1A, left onto Seagrape Dr. North on Reef Road, house on right. Sign on property.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1969
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Wine Cooler, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Marble, Other, Slate
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, Intercom, Jetted Tub, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Casement Window(s), Impact Glass

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Fence, Sprinkler/Irrigation, Patio
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Air Conditioned Garage, Attached, Garage, Three Car Garage, Garage Door Opener, Three or more Spaces

Utilities

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

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33402200000001000010.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 57496.0
  • Tax Lot: 10
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2013
Closed on
May 27, 2014
Sold by
Barile Joseph J and Barile Patricia B
Bought by
Kerr Family Trust and Kerr Margaret L
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$5,600,000
Sold Price
$4,900,000
Premium/Discount to List
-$700,000
-12.5%
Current Estimated Value
$5,097,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,781
Avg. Annual Appreciation
0.34%

Purchase Details

Closed on
Mar 30, 2011
Sold by
Pratt Alan J
Bought by
Barile Joseph J and Barile Patricia B

Purchase Details

Closed on
Jan 8, 1998
Sold by
Houston Patricia Phipps
Bought by
Sparfven Michael and Sparfven Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
7.18%
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
Kerr Family Trust $4,900,000 Attorney
Barile Joseph J $4,200,000 Attorney
Sparfven Michael $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparfven Michael $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2014 05/30/14 Sold $4,900,000 -12.5% $913 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $5,600,000 -- $1,043 / 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 $104,513 $7,426,827 -- --
2024 $90,231 $7,426,827 -- --
2023 $90,231 $6,510,020 $0 $0
2022 $83,722 $5,997,610 $0 $0
2021 $84,361 $5,822,922 $0 $0
2020 $84,463 $5,742,527 $0 $0
2019 $85,088 $5,613,418 $3,938,050 $1,675,368
2018 $85,985 $5,556,232 $3,938,050 $1,618,182
2017 $80,929 $5,139,174 $0 $0
2016 $81,978 $5,157,450 $0 $0
2015 $81,144 $4,891,580 $0 $0
2014 $71,232 $4,874,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 142473

APN: 33-40-22-00000-0010-00010.0