NOT LISTED FOR SALE

881 River Trail Vero Beach, FL 32963

Estimated Value: $2,117,000 - $2,329,402

5 Beds
5 Baths
5,188 Sq Ft
$427/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $1,100,000 $212 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $12,897/month

418 Days on Market

Highlights

  • Beach Access
  • Home fronts navigable water
  • Fitness Center
  • Beachland Elementary School Rated A-
  • Steam Room
  • Gated with Attendant

About This Home

As of July 2015

Custom home overlooking the river from all main living areas, MBR downstairs with renovated MBath, impressive spiral staircase, rotunda living rm with 25ft ceilings, wood floors, light & bright kitchen with new SS appliances, 2nd floor with 2nd BR overlooking river and walk-out balcony, fitness room and additional family room. Community beach house, tennis, marina. Deep water boat dock.

Last Agent to Sell the Property

Sherry Brown

One Sotheby's Int'l Realty License #3114559 Listed on: 04/09/2014

One Sotheby's Int'l Realty

Last Buyer's Agent

Debbie Bell

Berkshire Hathaway Florida License #0672183

Berkshire Hathaway Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,700

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 130x177
  • Home fronts navigable water
  • River Front
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Few Trees

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • French Doors
  • Steam Room
  • Sauna
  • River Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 5 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Chute

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 112
  • Assessor Parcel Number 31393500004000000112.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, reserve fund, security
  • Indian Trails Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,700

Year Built

Built in 1993

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 130x177
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: INDIAN TRAILS
  • Directions: A1A North to Indian Trails, Guard will direct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1993
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub, Steam Room
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, High Ceilings, Jetted Tub, Master Downstairs, Split Bedrooms, Sauna, Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • Pool Features: Electric Heat, Heated, Pool, Private, Community
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: Balcony, Fence, Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Chute, Lower Level, In Unit
  • Security: Security System Owned, Gated with Guard
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Fitness, Other, Playground, Pool, Tennis Court(s), Water Access
  • Association Fee: 1100.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 31393500004000000112.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17700.0
  • Tax Lot: 112
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2014
Closed on
Jun 29, 2015
Sold by
Hurley Thomas W and Hurley Elise C
Bought by
Cornelius Douglas H and Cornelius Kathleen A
Seller's Agent
Sherry Brown
One Sotheby's Int'l Realty
Buyer's Agent
Debbie Bell
Berkshire Hathaway Florida
List Price
$1,399,500
Sold Price
$1,100,000
Premium/Discount to List
-$299,500
-21.4%
Total Days on Market
418
Current Estimated Value
$2,215,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,115,351
Avg. Annual Appreciation
7.31%
Original Mortgage
$700,000
Outstanding Balance
$553,949
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$1,661,402

Purchase Details

Closed on
Dec 2, 2008
Sold by
Becker Holding Corporation
Bought by
Hurley Thomas W and Hurley Elise C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Felten Kenneth D and Felten Elisabeth A
Bought by
Becker Holding Corp

Purchase Details

Closed on
Aug 16, 2002
Sold by
Kitchell Gary D and Kitchell Maria Elena
Bought by
Felten Kenneth D and Felten Elisabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,023,500
Interest Rate
6.53%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Cornelius Douglas H $1,100,000 Attorney
Hurley Thomas W $1,700,000 Attorney
Becker Holding Corp $2,000,000 --
Felten Kenneth D $1,150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornelius Douglas H $700,000
Previous Owner Hurley Thomas W $1,200,000
Previous Owner Felten Kenneth D $600,000
Previous Owner Felten Kenneth D $300,000
Previous Owner Felten Kenneth D $1,069,000
Previous Owner Felten Kenneth D $1,023,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $1,100,000 -21.4% $212 / Sq Ft
06/02/2015 06/02/15 Pending -- -- --
04/09/2014 04/09/14 For Sale $1,399,500 -- $270 / 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 $13,694 $1,179,561 $590,686 $588,875
2023 $13,694 $1,179,561 $590,686 $588,875
2022 $13,779 $1,179,561 $590,686 $588,875
2021 $14,348 $1,179,561 $590,686 $588,875
2020 $14,598 $1,179,561 $590,686 $588,875
2019 $15,594 $1,179,561 $590,686 $588,875
2018 $15,408 $1,144,121 $555,246 $588,875
2017 $16,754 $1,297,027 $0 $0
2016 $14,729 $1,021,400 $0 $0
2015 $15,274 $1,009,800 $0 $0
2014 $19,813 $1,307,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 145547

APN: 31-39-35-00004-0000-00112.0