NOT LISTED FOR SALE

Estimated Value: $1,003,000 - $1,244,000

3 Beds
3 Baths
2,052 Sq Ft
$533/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $995,000 $485 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,629/month

116 Days on Market

Highlights

  • Fitness Center
  • Outdoor Pool
  • Lake View
  • Beachland Elementary School Rated A-
  • Gated Community
  • Waterfront

About This Home

As of February 2022

Chic & sophisticated, custom built 2020 lakefront oasis. Zen like decorator colors, quartz counters, driftwood tile plank flooring, plantation shutters, impact windows, chef's kitch features ss KitchAid Appliances, JennAir Induction cooktop, & a titanic island. Open floor concept boasts views of lake. 3 car gar. Kayak launch, day dock, bike ride to beach. Sizes approx. subject to error.

Last Agent to Sell the Property

Christine Hughes

Dale Sorensen Real Estate Inc. License #0704916 Listed on: 10/04/2021

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Sylvia Sawyer

Dale Sorensen Real Estate Inc. License #3421072

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,892

Year Built

  • Built in 2020

Lot Details

  • Waterfront
  • South Facing Home

Parking

  • 3 Car Garage

Property Views

  • Lake
  • Garden

Home Design

  • Tile Roof

Interior Spaces

  • 2,052 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 31392600047000000056.0

Community Details

Overview

  • Association fees include ground maintenance, reserve fund
  • Ar Choice Management Association
  • Orchid Cove Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,892

Year Built

Built in 2020

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: .17
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Cove
  • Directions: A1A N,west over the Wabasso Causeway, Orchid Cove will be at the foot of the Wabasso Causeway bridge south side
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2020
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Crown Molding, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2052.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Garden, Lake
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Pool
  • Association Fee: 230.0
  • Association Name: AR Choice Management
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

  • Association Fee Includes: Maintenance Grounds, Reserve Fund

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392600047000000056.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1892.0
  • Tax Lot: 56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Feb 28, 2022
Sold by
Sloan Thomas M and Sloan Ronald S
Bought by
Susan K Kershaw Trust
Seller's Agent
Christine Hughes
Dale Sorensen Real Estate Inc.
Buyer's Agent
Sylvia Sawyer
Dale Sorensen Real Estate Inc.
List Price
$1,100,000
Sold Price
$995,000
Premium/Discount to List
-$105,000
-9.55%
Current Estimated Value
$1,102,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,528
Avg. Annual Appreciation
2.76%
Original Mortgage
$596,000
Outstanding Balance
$560,507
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$533,048

Purchase Details

Listed on
Sep 20, 2019
Closed on
Sep 21, 2020
Sold by
Grbk Gho Orchid Cove Llc
Bought by
Sloan Thomas M and Paladino Ronald S
Seller's Agent
George Hoge
Inactive member
List Price
$741,290
Sold Price
$670,000
Premium/Discount to List
-$71,290
-9.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.60%
Original Mortgage
$510,400
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Susan K Kershaw Trust $995,000 Campione Campione & Leonard Pa
Sloan Thomas M $670,000 Supreme Title Solutions Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Susan K Kershaw Trust $596,000
Previous Owner Sloan Thomas M $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $995,000 -9.5% $485 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
10/04/2021 10/04/21 For Sale $1,100,000 +64.2% $536 / Sq Ft
09/21/2020 09/21/20 Sold $670,000 -9.6% $327 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
09/20/2019 09/20/19 For Sale $741,290 -- $361 / 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 $7,467 $599,875 -- --
2023 $7,467 $565,989 $0 $0
2022 $7,129 $534,388 $0 $0
2021 $7,143 $518,824 $0 $0
2020 $1,892 $127,500 $127,500 $0
2019 $1,951 $127,500 $127,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 247121

APN: 31-39-26-00047-0000-00056.0