NOT LISTED FOR SALE

925 Orchid Point Way Vero Beach, FL 32963

Estimated Value: $3,063,000 - $3,850,000

3 Beds
4 Baths
4,239 Sq Ft
$778/Sq Ft Est. Value

Last Sold May 30, 2019

Last sale price $1,725,000 $407 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $19,558/month

95 Days on Market

Highlights

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

About This Home

As of May 2019

Highlights of this one-of-a-kind 3 bedroom, plus office and 4 bath residence include exquisite architectural detail, but the direct lake views from this spectacular home must be seen to be believed.

Last Agent to Sell the Property

Heidi Levy

Orchid Island Realty License #0186829 Listed on: 01/24/2019

Co-Listed By

Scott Oberlink

One Sotheby's Int'l Realty License #0703997

Last Buyer's Agent

Bob Niederpruem

Premier Estate Properties License #0522681

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,404

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 90 x 197
  • Home fronts a pond
  • Lake Front
  • North Facing Home

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 4,239 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • French Doors
  • Sliding Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Covered patio or porch
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 308
  • Assessor Parcel Number 31391500014000000308.0

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,404

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 90 x 197
  • Co List Office Mls Id: 0243
  • Co List Office Phone: 772-388-3888
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: Located off A1A 7/10's Mile North of C.R. 510, use 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: 2003
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-388-3888
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Kitchen Island, Split Bedrooms, French Door(s)/Atrium Door(s)
  • Living Area: 4239.0
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private, Community
  • Pool Private: Yes
  • View: Pool, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Barbecue, Outdoor Kitchen, Porch
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Security: 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, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 327.5
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 31391500014000000308.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16404.0
  • Tax Lot: 308
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
May 30, 2019
Sold by
Pitcher Horner Iii L David and Pitcher Horner Constance
Bought by
Mclaughlin James M and Mclaughlin Margaret Z
Seller's Agent
Heidi Levy
Orchid Island Realty
Buyer's Agent
Bob Niederpruem
Premier Estate Properties
List Price
$1,895,000
Sold Price
$1,725,000
Premium/Discount to List
-$170,000
-8.97%
Current Estimated Value
$3,297,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,572,293
Avg. Annual Appreciation
10.62%
Original Mortgage
$1,675,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 6, 2003
Sold by
Danov Architecture & Const Inc
Bought by
Horner L David and Horner Jayne B

Purchase Details

Closed on
Jun 10, 2002
Sold by
Henning Jeffrey and Henning Georgia
Bought by
Banov Architecture & Const Inc

Purchase Details

Closed on
Jul 23, 1999
Sold by
Orchid Island Prop Inc
Bought by
Hennig Jeffrey and Hennig Georgia
Source: Public Records

Range of Values:

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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
Mclaughlin James M $1,725,000 Attorney
Horner L David $1,795,000 --
Banov Architecture & Const Inc $400,000 --
Hennig Jeffrey $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin James M $2,300,000
Closed Mclaughlin James M $1,675,000
Previous Owner Banov Architecture & Const Inc $1,012,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2019 05/30/19 Sold $1,725,000 -9.0% $407 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,895,000 -- $447 / 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 $18,056 $1,409,188 -- --
2023 $18,056 $1,329,586 $0 $0
2022 $17,735 $1,290,860 $0 $0
2021 $18,175 $1,253,262 $0 $0
2020 $18,774 $1,235,959 $289,360 $946,599
2019 $19,748 $1,246,363 $289,360 $957,003
2018 $15,627 $1,018,372 $0 $0
2017 $16,404 $997,426 $0 $0
2016 $15,260 $976,910 $0 $0
2015 $15,300 $970,120 $0 $0
2014 $14,799 $962,430 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2019

    Heidi Levy

    Orchid Island Realty

    (772) 473-4311

    59 Total Sales

    Section Image
  • Scott Oberlink

    Seller Co-Listing Agent in 2019

    Scott Oberlink

    One Sotheby's Int'l Realty

    (772) 643-3181

    41 Total Sales

    Section Image

  • B

    Buyer's Agent in 2019

    Bob Niederpruem

    Premier Estate Properties

    (772) 538-4859

    35 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 214996

APN: 31-39-15-00014-0000-00308.0

Florida Indian River County Vero Beach 32963

925 Orchid Point Way, Vero Beach, FL

This home is located at 925 Orchid Point Way, Vero Beach, FL 32963 since 24 January 2019 and is currently estimated at $3,297,293, approximately $777 per square foot. This property was built in 2003. 925 Orchid Point Way is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River High School.

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