NOT LISTED FOR SALE

916 Orchid Point Way Vero Beach, FL 32963

Estimated Value: $2,576,642 - $3,313,000

3 Beds
4.5 Baths
3,945 Sq Ft
$725/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $1,600,000 $406 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $18,097/month

60 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Free Form Pool

About This Home

As of April 2020

Exquisite 3BR w/study or 4BR golf estate at Orchid Island. Gourmet kitchen, granite surfaces, Saturnia marble floors, FR with gas fireplace, 12'-13' ceilings, expansive covered lanai with retractable screens, heated pool & spa, lake/golf views. Meticulously maintained. Sizes approx subj to error.

Last Agent to Sell the Property

Bob Niederpruem

Premier Estate Properties License #0522681 Listed on: 01/28/2020

Last Buyer's Agent

Kay Brown

Premier Estate Properties License #0189216

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,196

Year Built

  • Built in 2001

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 100x180
  • Home fronts a pond
  • Lake Front
  • Southwest Facing Home
  • Fenced
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,945 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Tinted Windows
  • Blinds
  • French Doors
  • Slate Flooring

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Free Form Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Covered patio or porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 317
  • Assessor Parcel Number 31391500014000000317.0

Community Details

Overview

  • Association fees include common areas, security
  • Private Membership Available
  • Orchid Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Spa

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,196

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.41
  • Lot Size: 100x180
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: A1A North of CR 510 enter west gate 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: 2001
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Slate
  • Interior Amenities: Wet Bar, Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3945.0
  • Stories: 1
  • Window Features: Blinds, Single Hung, Tinted Windows

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • Pool Features: Free Form, Electric Heat, Heated, Other, Pool, Private
  • Pool Private: Yes
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Built-in Barbecue, Barbecue, Fence, Sprinkler/Irrigation, Porch, Rain Gutters, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System Owned, Gated with Guard, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Other, Property Manager On-Site, Tennis Court(s), Gutter(s)
  • Association Fee: 350.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 31391500014000000317.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 15196.0
  • Tax Lot: 317
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2020
Closed on
Apr 30, 2020
Sold by
Troxell Wiliam H and Brunilda L Troxell Trust
Bought by
Elgn Robert S and Elgn Michelle M
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Kay Brown
Premier Estate Properties
List Price
$1,625,000
Sold Price
$1,600,000
Premium/Discount to List
-$25,000
-1.54%
Total Days on Market
60
Current Estimated Value
$2,858,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,258,161
Avg. Annual Appreciation
13.58%
Original Mortgage
$750,000
Outstanding Balance
$683,683
Interest Rate
3.62%
Mortgage Type
Stand Alone Second
Estimated Equity
$2,382,826

Purchase Details

Closed on
Jun 3, 2013
Sold by
Troxell William H
Bought by
Troxell William H

Purchase Details

Closed on
May 5, 1999
Sold by
Orchid Island Prop Inc
Bought by
Troxell Brunilda L
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
Elgn Robert S $1,600,000 Attorney
Troxell William H -- Attorney
Troxell Brunilda L $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elgn Robert S $750,000
Previous Owner Troxell Brunilda L $350,000
Previous Owner Troxell William H $750,000
Previous Owner Troxell Brunilda L $950,000
Previous Owner Troxell Brunilda L $150,000
Previous Owner Troxell Brunilda L $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $1,600,000 -1.5% $406 / Sq Ft
03/29/2020 03/29/20 Pending -- -- --
01/28/2020 01/28/20 For Sale $1,625,000 -- $412 / 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 $24,637 $2,626,737 $497,420 $2,129,317
2023 $24,637 $1,625,525 $0 $0
2022 $20,915 $1,477,750 $399,713 $1,078,037
2021 $20,864 $1,394,714 $337,535 $1,057,179
2020 $15,613 $1,033,214 $0 $0
2019 $15,403 $1,009,985 $0 $0
2018 $15,196 $991,153 $0 $0
2017 $15,951 $970,767 $0 $0
2016 $14,838 $950,800 $0 $0
2015 $14,878 $944,200 $0 $0
2014 $14,390 $936,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 229474

APN: 31-39-15-00014-0000-00317.0