NOT LISTED FOR SALE

8770 44th Ave Wabasso, FL 32958

Wabasso Neighborhood

Estimated Value: $215,000 - $373,044

0.47 Acre
$664,385 Price per Acre
20,473 Sq Ft Lot

Last Sold July 10, 2023

Last sale price $150,000 $4 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,853/month

632 Days on Market

Highlights

  • Home fronts navigable water
  • River View
  • Corner Lot
  • Access To Intracoastal Waterway

About This Lot

As of July 2023

Direct Intracoastal front Builder/Developer Opportunity. Multifamily zoning w/up to 6 units per acre & 13 units max. Currently 3 lots combined equal 2.28 acres. Conveniently located off 510 w/easy access to beachside activities. Water & Sewer is along 510.

Last Agent to Sell the Property

Scott Reynolds

Compass Florida LLC License #3154924 Listed on: 10/15/2021

Compass Florida LLC

Last Buyer's Agent

Nicole Pulcini

Dale Sorensen Real Estate Inc. License #3485991

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 42x442
  • Home fronts navigable water
  • River Front
  • Corner Lot
  • Few Trees

Interior Spaces

  • 40,000 Sq Ft Home
  • River Views

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 11 / 1
  • Assessor Parcel Number 31392800008000000011.0

Community Details

Overview

  • Naranja Tr Subdivision

Recreation

  • Access To Intracoastal Waterway

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.47
  • Lot Size: 42x442
  • Subdivision Name: Naranja Tr
  • Directions: From A1A, go over the Wabasso bridge, before you get to US1, turn north on 44th Ave. Lots are cleared on the Riverfront.
  • Attribution Contact: 772-492-7777
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 40000.0

Exterior Features

  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot, Split Possible, Few Trees
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: None, Other, Storm Drain(s)
  • Association Name: none

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 99316.0
  • Number Of Lots: 1
  • Parcel #: 31392800008000000011.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5012.0
  • Tax Block: 1
  • Tax Lot: 11
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Jul 6, 2023
Sold by
Stenger Randy Zane and Stenger Virginia D
Bought by
Karikov Asan
Seller's Agent
Scott Reynolds
Compass Florida LLC
Buyer's Agent
Nicole Pulcini
Dale Sorensen Real Estate Inc.
List Price
$300,000
Sold Price
$150,000
Premium/Discount to List
-$150,000
-50%
Current Estimated Value
$312,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,261
Avg. Annual Appreciation
42.50%
Original Mortgage
$400,000
Interest Rate
6.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 3, 2009
Sold by
Stenger Randy Zane
Bought by
Stenger Virginia D and Stenger Randy Zane

Purchase Details

Closed on
Feb 28, 2009
Sold by
Stenger Randy Zane
Bought by
Stenger Randy Zane and Stenger Virginia D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Karikov Asan $300,000 Premier Title
Stenger Virginia D -- None Available
Stenger Randy Zane -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Karikov Asan $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2023 07/10/23 Sold $150,000 -50.0% $4 / Sq Ft
10/15/2021 10/15/21 For Sale $300,000 -- $8 / 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 $1,551 $108,888 $108,888 --
2023 $3,607 $257,095 $257,095 $0
2022 $3,626 $257,095 $257,095 $0
2021 $3,757 $257,095 $257,095 $0
2020 $3,577 $241,027 $241,027 $0
2019 $3,687 $241,027 $241,027 $0
2018 $3,761 $242,445 $242,445 $0
2017 $3,827 $242,445 $0 $0
2016 $3,873 $242,450 $0 $0
2015 $4,043 $242,450 $0 $0
2014 -- $228,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Reynolds

    Seller's Agent in 2023

    Scott Reynolds

    Compass Florida LLC

    (772) 321-2113

    10 in this area

    719 Total Sales

    Section Image

  • N

    Buyer's Agent in 2023

    Nicole Pulcini

    Dale Sorensen Real Estate Inc.

    (772) 453-9880

    8 in this area

    113 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 247376

APN: 31-39-28-00008-0000-00011.0

Florida Indian River County Wabasso 32958 Wabasso

8770 44th Ave, Wabasso, FL

This home is located at 8770 44th Ave, Wabasso, FL 32958 since 15 October 2021 and is currently estimated at $312,261, approximately $7 per square foot. 8770 44th Ave is a home located in Indian River County with nearby schools including Pelican Island Elementary School, Storm Grove Middle School, and Sebastian River High School.

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