NOT LISTED FOR SALE

701 Marbrisa River Ln Vero Beach, FL 32963

Estimated Value: $1,891,000 - $2,671,000

5 Beds
4.5 Baths
4,000 Sq Ft
$592/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $1,600,000 $400 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $14,641/month

263 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • River Front

About This Home

As of September 2020

Expansive River Views, Sunsets, Marine Life from nearly every room in this comfortably elegant home in the ocean-to-river community of Marbrisa. Marble floors, coffered ceilings, solar heated pool, gas stove, custom cabinets, large screened lanai with pool and spa, guest cabana. Low HOA fees include 2 clubhouses with pools, deeded beach access, marina, tennis cts, fitness and pickleball.

Last Listed By

Kathy Nystrom

Rennick Real Estate License #3144072 Listed on: 11/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,496

Year Built

  • Built in 1999

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 125x150
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Blinds
  • French Doors

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Closed Circuit Camera
  • Hurricane or Storm Shutters

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower
  • Solar Heated Pool
  • Screen Enclosure

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Deck
  • Screened Patio
  • Rain Gutters

Utilities

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

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 31393600022000000008.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, reserve fund, security
  • Private Membership Available
  • Marbrisa Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,496

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.55
  • Lot Size: 125x150
  • Road Surface Type: Paved
  • Co List Office Mls Id: 000801
  • Co List Office Phone: 772-231-4880
  • Ownership: Single Family/Other
  • Subdivision Name: Marbrisa
  • Directions: A1A to Marbrisa. Then West into community on Marbrisa Dr. At end, left on Marbrisa River Lane, home on the left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1999
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4880
  • Special Features: VirtualTour
  • 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, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Marble, Tile, Wood
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Master Downstairs, Pantry, Split Bedrooms, French Door(s)/Atrium Door(s)
  • Living Area: 4000.0
  • Stories: 2
  • Window Features: Blinds, Window Treatments

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private, Screen Enclosure, Solar Heat, Community
  • Pool Private: Yes
  • View: Intercoastal, Pool, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation, Outdoor Shower, Patio, Rain Gutters, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Deck, Patio, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Closed Circuit Camera(s), Gated Community
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Pool, Tennis Court(s), Trails/Paths, Water Access, Gutter(s)
  • Association Fee: 296.0
  • Association Name: NA
  • Pets Allowed: Yes, Number Limit

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Lot Info

  • Parcel #: 31393600022000000008.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16496.0
  • Tax Lot: 8
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2019
Closed on
Sep 9, 2020
Sold by
Shapiro Allen L and Shapiro Kathleen C
Bought by
Riddick John M and Riddick Sarah L
Seller's Agent
Kathy Nystrom
Rennick Real Estate
Buyer's Agent
Elizabeth Morris
RE/MAX Aerospace Realty, Inc
List Price
$1,800,000
Sold Price
$1,600,000
Premium/Discount to List
-$200,000
-11.11%
Total Days on Market
263
Current Estimated Value
$2,369,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$769,463
Avg. Annual Appreciation
8.85%
Original Mortgage
$1,050,000
Outstanding Balance
$942,322
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,445,059

Purchase Details

Listed on
Oct 21, 2013
Closed on
Jun 11, 2014
Sold by
Puskar George T and Puskar Sharon K
Bought by
Shapiro Allen L and Shapiro Kathleen C
Buyer's Agent
Kathy Nystrom
Rennick Real Estate
List Price
$1,595,000
Sold Price
$1,215,000
Premium/Discount to List
-$380,000
-23.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$972,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2002
Sold by
Butcher John D and Butcher Joyce M
Bought by
Puskar George T and Puskar Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 2, 1999
Sold by
Butcher John D and Butcher Joyce M
Bought by
Butcher John D and Butcher Joyce M

Purchase Details

Closed on
Jun 9, 1998
Sold by
Hvide Elsa M
Bought by
Butcher John D and Butcher Joyce M

Purchase Details

Closed on
Jan 14, 1998
Sold by
Hvide Elsa M
Bought by
Butcher John D and Butcher Joyce M

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
Riddick John M $1,600,000 First American Title Ins Co
Shapiro Allen L $1,215,000 Stewart Title Company
Puskar George T -- --
Puskar George T $1,300,000 --
Butcher John D -- --
Butcher John D -- --
Butcher John D $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riddick John M $1,050,000
Previous Owner Shapiro Allen L $260,000
Previous Owner Shapiro Allen L $972,000
Previous Owner Puskar George T $775,000
Previous Owner Puskar George T $770,000
Previous Owner Puskar George T $613,980
Previous Owner Puskar George T $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $1,600,000 -11.1% $400 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
11/20/2019 11/20/19 For Sale $1,800,000 +48.1% $450 / Sq Ft
06/11/2014 06/11/14 Sold $1,215,000 -23.8% $305 / Sq Ft
05/12/2014 05/12/14 Pending -- -- --
10/21/2013 10/21/13 For Sale $1,595,000 -- $400 / 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 $16,531 $1,503,662 -- --
2023 $16,531 $1,418,723 $0 $0
2022 $16,140 $1,377,401 $0 $0
2021 $16,311 $1,337,283 $451,572 $885,711
2020 $16,332 $1,316,413 $0 $0
2019 $16,509 $1,286,816 $0 $0
2018 $16,496 $1,262,823 $0 $0
2017 $16,575 $1,236,849 $0 $0
2016 $16,919 $1,211,410 $0 $0
2015 $17,625 $1,202,990 $0 $0
2014 $15,932 $1,087,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kathy Nystrom

    Rennick Real Estate

    (772) 217-3220

    33 Total Sales

    Kathy Nystrom
    Section Image
  • Andrew Gonzalez

    Seller Co-Listing Agent in 2020

    Andrew Gonzalez

    Coldwell Banker Paradise

    (772) 231-4880

    74 Total Sales

    Andrew Gonzalez
    Section Image
  • Elizabeth Morris

    Buyer's Agent in 2020

    Elizabeth Morris

    RE/MAX Aerospace Realty, Inc

    (321) 704-0493

    43 Total Sales

    Elizabeth Morris
    Section Image

  • C

    Seller Co-Listing Agent in 2014

    Christian Hendricks

    One Sotheby's Int'l Realty

    (772) 321-6932

    3 Total Sales

    Christian Hendricks
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 227600

APN: 31-39-36-00022-0000-00008.0

Florida Indian River County Vero Beach 32963

701 Marbrisa River Ln, Vero Beach, FL

Homes for Sale in Vero Beach, FL

This home is located at 701 Marbrisa River Ln, Vero Beach, FL 32963 since 20 November 2019 and is currently estimated at $2,369,463, approximately $592 per square foot. This property was built in 1999. 701 Marbrisa River Ln is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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