NOT LISTED FOR SALE

8 Cache Cay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $986,000 - $2,080,000

4 Beds
3.5 Baths
3,954 Sq Ft
$377/Sq Ft Est. Value

Last Sold October 05, 2020

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

Est. 118% increase in value since last sale

Current estimated payment $9,245/month

65 Days on Market

Highlights

  • Gated with Attendant
  • Free Form Pool
  • Vaulted Ceiling
  • Beachland Elementary School Rated A-
  • Waterfront
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of October 2020

Grand 4 bedrooms 3.5 baths lakefront barrier island pool home in a desirable guarded community, minutes to beach, beachside village, shopping, dining, golf and boating. 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 with built-in sub zero refrigerator/freezer & 2 wall ovens, formal dining room, large screened lanai with free form pool & spa providing gorgeous sunsets and offering best of Vero Beach lifestyle. Houses like this one seldom come on the market in this community.

Last Agent to Sell the Property

John Makris

Inactive Member License #3233801 Listed on: 07/01/2020

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

  • Waterfront
  • Property is zoned R-1A

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,954 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Double Hung Metal Windows
  • Blinds
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Pool

  • Free Form Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Tank Leased
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 32402900014000000066.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • 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

HOA Fees

$192 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • 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.
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Jetted Tub, Pantry, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 3954.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Blinds, Double Hung, Metal, Sliding

Exterior Features

  • Exterior Features: Patio, Propane Tank - Leased
  • Pool Features: Free Form, Heated, Other, Pool, Screen Enclosure
  • Pool Private: Yes
  • Waterfront: Yes
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 192.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 32402900014000000066.0
  • Zoning Description: R-1A

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8003.0

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
Inactive Member
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
$1,489,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,937
Avg. Annual Appreciation
16.19%
Original Mortgage
$510,400
Outstanding Balance
$450,884
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,039,053

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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: BeachesMLS

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 $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

    14 in this area

    38 Total Sales

    Sam Robbins
    Section Image

  • J

    Seller's Agent in 2020

    John Makris

    Inactive Member

  • Kathleen Pogany

    Buyer's Agent in 2020

    Kathleen Pogany

    Compass Florida LLC

    (772) 925-2390

    66 in this area

    314 Total Sales

    Kathleen Pogany
    Section Image
  • Joseph Schlitt

    Buyer's Agent in 2020

    Joseph Schlitt

    Douglas Elliman Florida LLC

    (772) 643-6824

    59 in this area

    106 Total Sales

    Joseph Schlitt
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10635212

BeachesMLS

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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