NOT LISTED FOR SALE

8785 W Orchid Island Cir Unit 201 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $1,099,633 - $1,410,000

3 Beds
3 Baths
2,026 Sq Ft
1995 Built

Last Sold February 28, 2022

Last sale price $1,100,000 $543 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,789/month

Highlights

  • Beach Access
  • Fitness Center
  • Heated Pool
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • River View

About This Home

As of February 2022

Riverfront villa with spectacular sunset views overlooking the marina! Lots of natural light surrounded by tranquil majestic oaks, truly a nature lover's dream! Wrap around glass balcony perfect spot to watch the dolphins play! Two car garage & private elevator entry. Three reno baths, new vinyl floors, lanai shades, shutters, new w/d, water heater, brand new stainless appliances.

Last Agent to Sell the Property

Janet Lawrence

North Beach Realty, Inc. License #0601051 Listed on: 01/13/2022

Last Buyer's Agent

Susie Wilson

Susie Wilson Real Estate PA License #3243329

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,693

Year Built

  • Built in 1995

Lot Details

  • River Front
  • Southwest Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,026 Sq Ft Home
  • 4-Story Property
  • Crown Molding
  • Window Treatments
  • French Doors
  • Sliding Doors
  • River Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 31392600032002000201.0

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, sewer, trash, water
  • Private Membership Available
  • Sea Oaks Association
  • Sea Oaks Subdivision

Amenities

  • Clubhouse
  • Bike Room

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,693

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Sea Oaks
  • Directions: From A1A go to west gate of Sea Oaks and then west to river, turn right, second building on the left.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 1995
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-589-4112
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Concrete, Vinyl
  • Interior Amenities: Closet Cabinetry, Crown Molding, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2026.0
  • Stories: 4
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: River
  • View: Yes
  • Waterfront Features: River Front, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation
  • Patio And Porch Features: Deck
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Bicycle Storage, Club Membership Available, Clubhouse, Fitness, Other, Trails/Paths, Pool
  • Association Fee: 1811.0
  • Association Name: Sea Oaks
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 31392600032002000201.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6693.0
  • Tax Lot: 201
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Feb 28, 2022
Sold by
Reverend Holly Adams Revocable Trust
Bought by
Lazar Arnold Lester and Lazar Kristi L
Seller's Agent
Janet Lawrence
North Beach Realty, Inc.
Buyer's Agent
Susie Wilson
Susie Wilson Real Estate PA
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Current Estimated Value
$1,323,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,908
Avg. Annual Appreciation
5.19%

Purchase Details

Closed on
Jan 5, 2021
Sold by
Adams Elizabeth H
Bought by
Adams Reverend Holly and The Reverend Holly Adams Revoc

Purchase Details

Closed on
May 18, 2015
Sold by
Geller David P and Geller Geraldine O
Bought by
Adams Elizabeth H and Bergfeld Charles Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lazar Arnold Lester $1,100,000 Oceanside Title & Escrow
Adams Reverend Holly -- Accommodation
Adams Elizabeth H $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Elizabeth H $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2022 02/28/22 Sold $1,100,000 +10.6% $543 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $995,000 -- $491 / 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 $10,315 $766,757 -- $766,757
2023 $10,315 $766,757 $0 $766,757
2022 $6,679 $505,601 $0 $0
2021 $6,693 $490,875 $0 $490,875
2020 $6,797 $490,875 $0 $490,875
2019 $7,000 $490,875 $0 $490,875
2018 $7,341 $467,500 $0 $467,500
2017 $7,462 $467,500 $0 $0
2016 $6,867 $425,000 $0 $0
2015 $5,746 $340,000 $0 $0
2014 -- $309,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 250161

APN: 31-39-26-00032-0020-00201.0