$175,000
SOLD APR 7, 2017

9200 E Marsh Island Dr Vero Beach, FL 32963

0.27 Acre
$648,148 Price per Acre
11,761 Sq Ft Lot

Recently Sold

12% Below List Price

Highlights

  • River Front
  • Clubhouse
  • Corner Lot
  • Beachland Elementary School Rated A-

About This Lot

As of April 2017

Incredible opportunity to own a serene piece of land to build your dream home in the gated marina/waterfront community of Marsh Island. The waterfront lot is ready to build! Gorgeous riverfront and marsh views create the perfect getaway for you to call home! Marsh Island features a full service marina-yacht club with dock master, 32 Key West style home sites.

Last Agent to Sell the Property

Stuart Tilt

One Sotheby's Int'l Realty License #3300608 Listed on: 03/07/2017

One Sotheby's Int'l Realty

Last Buyer's Agent

Jill Arsenault

One Sotheby's Int'l Realty License #0593987

One Sotheby's Int'l Realty

Property Details

Property Type

  • Land

Lot Details

  • 0.27 Acre Lot
  • River Front
  • Corner Lot
  • 32 Lots in the community

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 20 / 20
  • Assessor Parcel Number 31392700005000000020.0

Community Details

Overview

  • Association fees include trash
  • Marsh Island Subdivision

Amenities

  • Clubhouse

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.27
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1353
  • Co List Office Phone: 305-695-6300
  • Subdivision Name: MARSH ISLAND
  • Directions: From HWY A1A head W on CR 510. Just over Wabasso ICW Bridge, gated community entrance on right. Through gates to 1st left. Lot in front of you to the right.
  • Attribution Contact: 772-763-1500
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot
  • Waterfront Features: River Front
  • Waterfront: Yes

Utilities

  • Sewer: Not Connected
  • Utilities: Cable Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Storm Drain(s)
  • Association Fee: 450.0

Fee Information

  • Association Fee Includes: Trash

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 11791.0
  • Number Of Lots: 32
  • Parcel #: 31392700005000000020.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5438.0
  • Tax Block: 20
  • Tax Lot: 20
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
Apr 7, 2017
Sold by
Santamaria Edwin P
Bought by
Grutman Jay C
Seller's Agent
Stuart Tilt
One Sotheby's Int'l Realty
Buyer's Agent
Jill Arsenault
One Sotheby's Int'l Realty
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.48%

Purchase Details

Listed on
Sep 9, 2014
Closed on
Dec 3, 2014
Sold by
Pnc Bank National Association
Bought by
Santamaria Edwin P
Seller's Agent
Tammy Bogart
Vero Realty Advisors LLC
Buyer's Agent
Craig Kohorn
Alex MacWilliam, Inc.
List Price
$239,900
Sold Price
$194,139
Premium/Discount to List
-$45,761
-19.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.41%

Purchase Details

Closed on
Nov 18, 2013
Sold by
Felton Thomas Malcolm and Felton Carole M
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Jan 11, 2007
Sold by
Shoquist Paul W
Bought by
Felton Thomas Malcolm and Felton Carole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Marsh Island Development Co Llc
Bought by
Shoquist Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $175,000 Elite Title Of The Treasure
Special Warranty Deed $194,200 Nationallink
Trustee Deed $200,100 None Available
Warranty Deed $1,400,000 Fast Title Inc
Warranty Deed $875,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,100,000 Purchase Money Mortgage
Previous Owner $525,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2025 03/27/25 For Sale $545,000 +211.4% --
04/07/2017 04/07/17 Sold $175,000 -12.1% --
03/08/2017 03/08/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $199,000 +2.5% --
12/19/2014 12/19/14 Sold $194,139 -19.1% --
11/19/2014 11/19/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $239,900 -- --
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 $3,714 $279,812 $279,812 --
2023 $3,714 $218,028 $0 $0
2022 $3,137 $255,267 $255,267 $0
2021 $2,633 $180,188 $180,188 $0
2020 $2,674 $180,188 $180,188 $0
2019 $2,757 $180,188 $180,188 $0
2018 $2,796 $180,188 $180,188 $0
2017 $4,567 $289,303 $0 $0
2016 $5,438 $340,360 $0 $0
2015 $5,675 $340,360 $0 $0
2014 $6,087 $369,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 183705

APN: 31-39-27-00005-0000-00020.0