$1,215,000
SOLD JUN 11, 2014

701 Marbrisa River Ln Vero Beach, FL 32963

5 Beds
4.5 Baths
3,990 Sq Ft
0.55 Acres

Recently Sold

$305 Per Sq Ft

24% Below List Price

202 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • Gated Community

About This Home

As of September 2020

Magnificent home w/ 180 degree river views from most rooms. Marble floors in main living & hardwood in master bedroom on 1st floor. New Subzero in granite kitchen, ideal for gourmet chef & entertaining. Custom designed cabinetry, crown molding, coffered ceilings, custom murals in formal dining & master bath. Large screened pool & patio area partially covered. Ocean to river community

Co-Listed By

Christian Hendricks

One Sotheby's Int'l Realty License #3093817

One Sotheby's Int'l Realty

Last Buyer's Agent

Kathy Nystrom

Rennick Real Estate License #3144072

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,459

Year Built

  • Built in 1999

Lot Details

  • Lot Dimensions are 102x149
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Detached Garage

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Tinted Windows
  • Blinds
  • French Doors
  • Security System Owned

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on lower level
  • Laundry Tub

Pool

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

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Utilities

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

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,459

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 102X149
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: MARBRISA
  • Directions: A1A North to Marbrisa west entrance
  • 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: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Marble, Tile, Wood
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Master Downstairs, Pantry, Split Bedrooms, Vaulted Ceiling(s), French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Blinds, Single Hung, Tinted Windows

Exterior Features

  • Lot Features: 1/4 to 1/2 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, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Leased
  • Patio And Porch Features: Covered, Deck, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned, Gated Community, Phone Entry
  • Cooling: Central Air, Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Other, Pool, Tennis Court(s), Trails/Paths, Water Access, Gutter(s)
  • Association Fee: 734.0
  • 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: 15459.0
  • Tax Lot: 8
  • Tax Year: 2013

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%
Current Estimated Value
$2,453,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$853,005
Avg. Annual Appreciation
8.32%
Original Mortgage
$1,050,000
Outstanding Balance
$942,322
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,445,219

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
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,600,000 First American Title Ins Co
Warranty Deed $1,215,000 Stewart Title Company
Warranty Deed -- --
Warranty Deed $1,300,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $270,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,050,000 New Conventional
Previous Owner $260,000 Commercial
Previous Owner $972,000 New Conventional
Previous Owner $775,000 Adjustable Rate Mortgage/ARM
Previous Owner $770,000 New Conventional
Previous Owner $613,980 Credit Line Revolving
Previous Owner $1,000,000 Purchase Money Mortgage
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

    2 in this area

    30 Total Sales

    Kathy Nystrom
    Section Image
  • Andrew Gonzalez

    Seller Co-Listing Agent in 2020

    Andrew Gonzalez

    Coldwell Banker Paradise

    (772) 231-4880

    68 Total Sales

    Andrew Gonzalez
    Section Image
  • Elizabeth Morris

    Buyer's Agent in 2020

    Elizabeth Morris

    RE/MAX Aerospace Realty, Inc

    (321) 704-0493

    1 in this area

    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

    1 in this area

    1 Total Sale

    Christian Hendricks
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 140927

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

Florida Indian River County Vero Beach 32963

701 Marbrisa River Ln, Vero Beach, FL

This home is located at 701 Marbrisa River Ln, Vero Beach, FL 32963 and is currently priced at $1,215,000, approximately $304 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.

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