NOT LISTED FOR SALE

89 Cache Cay Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $2,347,000

3 Beds
2.5 Baths
2,040 Sq Ft
$1,150/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $480,000 $235 Per Sq Ft

Est. 389% increase in value since last sale

Current estimated payment $14,657/month

48 Days on Market

Highlights

  • Gated with Attendant
  • Outdoor Pool
  • Covered Patio or Porch
  • Beachland Elementary School Rated A-
  • River View
  • 2 Car Attached Garage

About This Home

As of June 2020

Great opportunity to own riverfront property in Cache Cay. This pool home has been gutted and is ready for your finishing touches. Ideal location with incredible views. Watch the sunset from the covered lanai overlooking the pool & river. Sizes approx./subj. to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 03/25/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Charlotte Terry

Alex MacWilliam, Inc. License #0140216

Alex MacWilliam, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,611

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 113x140
  • River Front
  • South Facing Home

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,040 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • River Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • No Cooling
  • No Heating

Listing and Financial Details

  • Tax Lot 45
  • Assessor Parcel Number 32402900014000000045.0

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

$9,611

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 113x140
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Cache Cay
  • Directions: North on A1A to light at Bahia Mar Rd, go left & another left on Bethel Creek Dr to Cache Cay. Guard will direct.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Concrete
  • Living Area: 2040.0
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Porch, Patio
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: None
  • Security: Gated with Guard
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Fee: 192.0
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 32402900014000000045.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9611.0
  • Tax Lot: 45
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 13, 2022
Sold by
Shinners Arthur J and Shinners Gail K
Bought by
Arthur J Shinners Iii Trust
Current Estimated Value
$2,347,000

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jun 12, 2020
Sold by
Mckinney Stephen M and Mckinney Julia M
Bought by
Shinners Arthur J and Shinners Gail K
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Charlotte Terry
Alex MacWilliam, Inc.
List Price
$550,000
Sold Price
$480,000
Premium/Discount to List
-$70,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.31%
Original Mortgage
$336,000
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 28, 2018
Closed on
Jul 19, 2019
Sold by
Dalili Dean and Dalili Kristin
Bought by
Mckinney Stephen M and Mckinney Julia M
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Milo Thornton
Atlantic Shores ERA Powered
List Price
$715,000
Sold Price
$520,000
Premium/Discount to List
-$195,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.51%

Purchase Details

Listed on
May 18, 2012
Closed on
Oct 22, 2012
Sold by
Huesman Linda G
Bought by
Dalili Dean and Dalili Kristin
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
G Marta Proechel
Premier Estate Properties
List Price
$595,000
Sold Price
$537,500
Premium/Discount to List
-$57,500
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.49%
Original Mortgage
$403,125
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2000
Sold by
Huesman Meint J and Huesman Linda
Bought by
Huesman Linda G

Purchase Details

Closed on
Jan 14, 1998
Sold by
Hoch Helene A
Bought by
Huesman Meint J and Huesman Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arthur J Shinners Iii Trust -- --
Shinners Arthur J $480,000 Supreme Title Solutions Llc
Mckinney Stephen M $520,000 Liberty Ttl Co Of America In
Dalili Dean $537,500 Elite Title Of The Treasure
Huesman Linda G -- --
Huesman Meint J $248,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shinners Arthur J $336,000
Previous Owner Dalili Dean $403,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $480,000 -12.7% $235 / Sq Ft
05/13/2020 05/13/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $550,000 +5.8% $270 / Sq Ft
07/19/2019 07/19/19 Sold $520,000 -27.3% $255 / Sq Ft View Prior Sale
06/19/2019 06/19/19 Pending -- -- --
03/28/2018 03/28/18 For Sale $715,000 +33.0% $350 / Sq Ft
10/23/2012 10/23/12 Sold $537,500 -9.7% $263 / Sq Ft View Prior Sale
09/23/2012 09/23/12 Pending -- -- --
06/01/2012 06/01/12 For Sale $595,000 -- $292 / 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
2025 $27,742 $1,829,085 $868,582 $960,503
2024 $11,007 $886,345 $868,582 $17,763
2023 $11,007 $600,269 $0 $0
2022 $8,639 $592,215 $592,215 $0
2021 $7,674 $483,061 $483,061 $0
2020 $9,156 $560,555 $445,903 $114,652
2019 $9,611 $572,891 $445,903 $126,988
2018 $7,180 $458,518 $0 $0
2017 $7,125 $449,087 $0 $0
2016 $7,041 $439,850 $0 $0
2015 $7,215 $436,800 $0 $0
2014 $6,783 $425,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matilde Sorensen

    Seller's Agent in 2020

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    91 in this area

    245 Total Sales

    Matilde Sorensen
    Section Image

  • C

    Buyer's Agent in 2020

    Charlotte Terry

    Alex MacWilliam, Inc.

    (772) 231-6509

    62 in this area

    125 Total Sales

    Charlotte Terry
    Section Image

  • M

    Buyer's Agent in 2019

    Milo Thornton

    Atlantic Shores ERA Powered

    (772) 228-2111

    3 in this area

    13 Total Sales

    Milo Thornton
    Section Image

  • G

    Buyer's Agent in 2012

    G Marta Proechel

    Premier Estate Properties

    (772) 473-4263

    2 in this area

    3 Total Sales

    G Marta Proechel
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 231282

APN: 32-40-29-00014-0000-00045.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

89 Cache Cay Dr, Vero Beach, FL

Not Listed for Sale

Detached

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