NOT LISTED FOR SALE

735 Lagoon Rd Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $3,278,000 - $3,886,000

4 Beds
4.5 Baths
3,934 Sq Ft
$898/Sq Ft Est. Value

Last Sold February 14, 2017

Last sale price $1,900,000 $483 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $20,555/month

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • Gated Community
  • Beachland Elementary School Rated A-
  • Cabana
  • River View

About This Home

As of February 2017

Beautiful waterfront home in desirable riverfront community. 3BR/3.5BA in main house and 1BR/1BA guest cabana. Sizes approx./subject to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 02/14/2017

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Joan Cook

Dale Sorensen Real Estate Inc. License #3053114

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,141

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 112x210
  • Home fronts navigable water
  • River Front
  • South Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • Casement Windows
  • French Doors
  • River Views
  • Hurricane or Storm Shutters

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Cabana
  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

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

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 33400500027000000027.0

Community Details

Overview

  • Association fees include common areas, security
  • Riomar Bay Subdivision

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,141

Year Built

Built in 1997

Lot Details

0.59 Acres

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 112x210
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: Riomar Bay II just north of the Causeway off A1A. Past gate left at stop sign to #735 on right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1997
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Crown Molding, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Casement Window(s)

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Propane Tank - Owned, Storm/Security Shutters
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: 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: None, Other
  • Association Fee: 2700.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 33400500027000000027.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18141.0
  • Tax Lot: 27
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2017
Closed on
Mar 14, 2017
Sold by
Smith Michael B
Bought by
Oglesby Marion B and Oglesby Susan Wing
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Joan Cook
Dale Sorensen Real Estate Inc.
List Price
$1,950,000
Sold Price
$1,900,000
Premium/Discount to List
-$50,000
-2.56%
Current Estimated Value
$3,534,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,634,656
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Dec 30, 2011
Sold by
Smith Michael B
Bought by
Smith Michael B and Smith Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2010
Sold by
Smith Michael B and Smith Catherine J
Bought by
Smith Michael B and Michael B Smith Revocable Trust

Purchase Details

Closed on
Dec 28, 2009
Sold by
Rolley Ann L
Bought by
Smith Michael B and Smith Catherine J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2007
Sold by
Stevenson Marion D
Bought by
Rolley Ann L and Ann L Rolley Trust

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
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 1, 1998
Sold by
R C L Dev Inc
Bought by
Stevenson Robert and Stevenson Marion D
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
Oglesby Marion B $1,900,000 Attorney
Smith Michael B -- First American Title Ins Co
Smith Michael B -- Attorney
Smith Michael B $1,295,000 Attorney
Rolley Ann L $1,375,000 Lawyers Title Agency
Stevenson Robert $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Michael B $390,500
Previous Owner Smith Michael B $800,000
Previous Owner Rolley Ann L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2017 02/14/17 Sold $1,900,000 -2.6% $483 / Sq Ft
02/14/2017 02/14/17 For Sale $1,950,000 -- $496 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $25,972 $1,656,589 -- --
2024 $23,815 $1,656,170 -- --
2023 $23,815 $1,562,615 $0 $0
2022 $23,156 $1,517,102 $0 $0
2021 $22,896 $1,472,915 $0 $0
2020 $22,881 $1,452,579 $595,000 $857,579
2019 $23,499 $1,451,399 $0 $0
2018 $23,476 $1,424,337 $595,000 $829,337
2017 $7,720 $483,771 $0 $0
2016 $18,141 $1,128,330 $0 $0
2015 $17,102 $989,910 $0 $0
2014 $15,756 $943,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Seller's Agent in 2017

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    85 in this area

    224 Total Sales

    Matilde Sorensen
    Section Image

  • J

    Buyer's Agent in 2017

    Joan Cook

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    12 in this area

    36 Total Sales

    Joan Cook
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 181123

APN: 33-40-05-00027-0000-00027.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

735 Lagoon Rd, Vero Beach, FL

Not Listed for Sale

Detached

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