NOT LISTED FOR SALE

8 Cache Cay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $955,000 - $2,078,000

4 Beds
3.5 Baths
3,954 Sq Ft
$373/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $685,000 $173 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,896/month

65 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Home fronts a pond
  • Beachland Elementary School Rated A-
  • Free Form Pool
  • Vaulted Ceiling

About This Home

As of October 2020

Grand 4/3 lakefront pool island home in a guarded community, minutes to beach & shopping. Unique architecture with captivating grand entrance, curved staircase, soaring ceilings, spectacular great room with large fireplace, entertainment room with dry bar, well equipped island kitchen, formal dining room, screened lanai & free form pool and spa offering best of Vero Beach lifestyle.

Last Agent to Sell the Property

John Makris

LPT Realty, LLC License #3233801 Listed on: 07/01/2020

LPT Realty, LLC

Co-Listed By

Kevin Brady

LPT Realty, LLC License #3297269

Last Buyer's Agent

Joseph Schlitt

Douglas Elliman Florida LLC License #3102713

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,003

Year Built

  • Built in 1989

Lot Details

  • Lot Dimensions are 101x149
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,954 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Hung Windows
  • French Doors
  • Lake Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Intercom
  • Hurricane or Storm Shutters

Pool

  • Free Form Pool
  • Outdoor Pool
  • Spa
  • Screen Enclosure

Outdoor Features

  • Enclosed Patio or Porch

Utilities

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

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 32402900014000000066.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Elliott Merrill Association
  • Cache Cay Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,003

Year Built

Built in 1989

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 101x149
  • Co List Office Mls Id: 1352
  • Co List Office Phone: 772-257-8000
  • Ownership: Single Family/Other
  • Subdivision Name: Cache Cay
  • Directions: Hwy A1A North. West at the light on Bahia Mar Rd. Left on Bethel Creek Dr. Follow over canal into Cache Cay. Turn Right after Guard gate on Cache Cay Dr. House on Left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1989
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-257-8000
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Softener Owned, Trash Compactor, Water Purifier, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, High Ceilings, Jetted Tub, Kitchen Island, Master Downstairs, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3954.0
  • Stories: 2
  • Window Features: Double Hung

Exterior Features

  • Fencing: Wall
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Other, Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation, Porch, Patio, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Enclosed, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Security System Owned, Gated with Guard
  • Cooling: Central Air, Electric, Other, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Fee: 192.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Reserve Fund, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32402900014000000066.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8003.0
  • Tax Lot: 66
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 5, 2020
Sold by
Meunier Felicity and Meunier Maurice Y
Bought by
Cappelen Russell George
Seller's Agent
John Makris
LPT Realty, LLC
Buyer's Agent
Joseph Schlitt
Douglas Elliman Florida LLC
List Price
$715,000
Sold Price
$685,000
Premium/Discount to List
-$30,000
-4.2%
Current Estimated Value
$1,475,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,942
Avg. Annual Appreciation
15.13%
Original Mortgage
$510,400
Outstanding Balance
$448,812
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,027,130

Purchase Details

Listed on
Jan 5, 2020
Closed on
Mar 27, 2020
Sold by
Welter Ronald N and Welter Sandra Jeyce
Bought by
Meunier Fellcity
Seller's Agent
Sam Robbins
Dale Sorensen Real Estate Inc.
Buyer's Agent
Kathleen Pogany
Compass Florida LLC
List Price
$699,000
Sold Price
$670,000
Premium/Discount to List
-$29,000
-4.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%

Purchase Details

Closed on
Mar 13, 2001
Sold by
R Walter Const Co Inc
Bought by
Welter Ronald N and Welter Sandra J

Purchase Details

Closed on
Nov 2, 2000
Sold by
Scott Walter J and Scott Carole R
Bought by
Welter Ronald N and Welter Sandra Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.94%

Purchase Details

Closed on
Apr 30, 1999
Sold by
Cairns Gerald J and Cairns Mary A
Bought by
Scott Walter J and Scott Carole R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,500
Interest Rate
7.06%
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
Cappelen Russell George $685,000 Alliance Ttl Of Treasure Coa
Meunier Fellcity $670,000 Attorney
Welter Ronald N $6,000 --
Welter Ronald N $564,000 --
Scott Walter J $470,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cappelen Russell George $510,400
Previous Owner Welter Ronald N $100,000
Previous Owner Scott Walter J $446,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2020 10/05/20 Sold $685,000 -4.2% $173 / Sq Ft
09/05/2020 09/05/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $715,000 +6.7% $181 / Sq Ft
03/27/2020 03/27/20 Sold $670,000 -4.1% $169 / Sq Ft View Prior Sale
02/26/2020 02/26/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $699,000 -- $177 / 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 $14,588 $975,747 $395,340 $580,407
2024 $12,260 $956,401 $395,340 $561,061
2023 $12,260 $706,051 $0 $0
2022 $10,910 $767,990 $343,774 $424,216
2021 $9,405 $583,512 $232,047 $351,465
2020 $7,734 $512,392 $214,859 $297,533
2019 $8,003 $515,934 $214,859 $301,075
2018 $8,435 $532,917 $0 $0
2017 $8,374 $521,956 $0 $0
2016 $8,277 $511,220 $0 $0
2015 $8,482 $507,670 $0 $0
2014 $8,135 $503,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sam Robbins

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    12 in this area

    35 Total Sales

    Sam Robbins
    Section Image

  • J

    Seller's Agent in 2020

    John Makris

    LPT Realty, LLC

    (772) 532-0945

    5 Total Sales

    John Makris
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kevin Brady

    LPT Realty, LLC

    (508) 228-3575

    4 Total Sales

    Kevin Brady
    Section Image
  • Kathleen Pogany

    Buyer's Agent in 2020

    Kathleen Pogany

    Compass Florida LLC

    (772) 925-2390

    66 in this area

    299 Total Sales

    Kathleen Pogany
    Section Image
  • Joseph Schlitt

    Buyer's Agent in 2020

    Joseph Schlitt

    Douglas Elliman Florida LLC

    (772) 643-6824

    54 in this area

    101 Total Sales

    Joseph Schlitt
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 233745

APN: 32-40-29-00014-0000-00066.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

8 Cache Cay Dr, Vero Beach, FL

Not Listed for Sale

Detached

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