NOT LISTED FOR SALE

8875 W Orchid Island Cir Unit 5 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $1,498,000 - $2,128,000

3 Beds
3 Baths
2,750 Sq Ft
1.88 Acres

Last Sold August 31, 2015

Last sale price $850,000 $309 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $10,005/month

203 Days on Market

Highlights

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

About This Home

As of August 2015

"Southern Exposure Penthouse" On The Waters Edge! Expect To Be Impressed! Exquisite custom chef's culinary kitchen with Top of the line stainless appliances. Exotic soapstone surfaces! This Top Floor beauty is Loaded with extras! AMAZING river views from most rooms... Air Conditioned Sun Porch.... Handsome Media Center and Amenities Galore... Come See For Yourself! Paradise Found!

Last Agent to Sell the Property

Susie Wilson

North Beach Realty, Inc. License #3238708 Listed on: 01/09/2015

Last Buyer's Agent

Debbie Cleveland

Debbie Cleveland, Broker License #3229429

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,523

Year Built

  • Built in 2006

Lot Details

  • Home fronts navigable water
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River
  • Views of Preserve

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 2,750 Sq Ft Home
  • 4-Story Property
  • Furnished
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • French Doors
  • Sliding Doors
  • Security System Owned

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Spa
  • Gas Heated Pool

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 305
  • Assessor Parcel Number 31392600045003000005.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pest control, security, water
  • Private Membership Available
  • Sea Oaks Subdivision

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,523

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 000
  • Ownership: Condo
  • Subdivision Name: SEA OAKS
  • Directions: Off A1A to Sea Oaks, just south of hwy 510. Go through the gate, then meander towards the River until you reach building 8875.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 2006
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-589-4112
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Other, Tile
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, Elevator, High Ceilings, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2750.0
  • Stories: 4
  • Window Features: Impact Glass, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Gas Heat, Heated, Pool, Community
  • View: Intercoastal, Preserve, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Enclosed Porch, Sprinkler/Irrigation, Porch, Tennis Court(s)
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Metal, Other

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Elevator, Fitness, Storage Facilities, Tennis Court(s), Pool
  • Association Fee: 2093.0
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Security, Water

Lot Info

  • Parcel #: 31392600045003000005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9523.0
  • Tax Lot: 305
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2015
Closed on
Aug 31, 2015
Sold by
Perry Ann Hagerty and Ann C Hagerty Revocable Trust
Bought by
Finigan James B and Finigan Virginia G
Seller's Agent
Susie Wilson
North Beach Realty, Inc.
Buyer's Agent
Debbie Cleveland
Debbie Cleveland, Broker
List Price
$895,000
Sold Price
$850,000
Premium/Discount to List
-$45,000
-5.03%
Current Estimated Value
$1,746,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$896,674
Avg. Annual Appreciation
7.35%
Original Mortgage
$680,000
Outstanding Balance
$538,610
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,208,064

Purchase Details

Closed on
Mar 4, 2011
Sold by
Empire Financial Corp
Bought by
Hagerty Ann C and Ann C Hagerty Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 18, 2010
Sold by
Sea Oaks Investment Ltd
Bought by
Empire Financial Corp
Source: Public Records

Range of Values:

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Average Value
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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
Finigan James B $850,000 Attorney
Hagerty Ann C $565,000 Attorney
Empire Financial Corp $3,025,300 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finigan James B $680,000
Previous Owner Hagerty Ann C $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $850,000 -5.0% $309 / Sq Ft
08/01/2015 08/01/15 Pending -- -- --
01/09/2015 01/09/15 For Sale $895,000 -- $325 / 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 $10,351 $815,390 -- --
2023 $10,351 $769,330 $0 $0
2022 $10,090 $746,922 $0 $0
2021 $10,124 $725,167 $0 $0
2020 $10,125 $715,155 $0 $0
2019 $10,185 $699,076 $0 $0
2018 $10,125 $686,041 $0 $0
2017 $10,076 $671,930 $0 $0
2016 $9,977 $658,110 $0 $0
2015 $10,593 $701,250 $0 $0
2014 $9,523 $638,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susie Wilson

    Seller's Agent in 2015

    Susie Wilson

    North Beach Realty, Inc.

    (407) 383-4663

    119 in this area

    161 Total Sales

    Susie Wilson
    Section Image

  • D

    Buyer's Agent in 2015

    Debbie Cleveland

    Debbie Cleveland, Broker

    (508) 277-7522

    21 in this area

    27 Total Sales

    Debbie Cleveland
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 152126

APN: 31-39-26-00045-0030-00005.0

Florida Indian River County Vero Beach 32963 Wabasso Beach

8875 W Orchid Island Cir Unit 5, Vero Beach, FL

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