NOT LISTED FOR SALE

940 Sunrise Terrace Vero Beach, FL 32963

Estimated Value: $2,366,000 - $4,213,000

4 Beds
6 Baths
4,846 Sq Ft
$679/Sq Ft Est. Value

Last Sold March 22, 2024

Last sale price $4,126,000 $851 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $18,393/month

20 Days on Market

Highlights

  • Outdoor Pool
  • Vaulted Ceiling
  • Marble Flooring
  • Beachland Elementary School Rated A-
  • Roman Tub
  • Main Floor Primary Bedroom

About This Home

As of March 2024

New custom-built home on half acre located in Indian River Shores east of A1A, 4846 Sq Ft, 4BR, 4BA + 2 half BAs, Contemporary Architecture. Breathtaking kitchen, a true culinary masterpiece where luxury meets functionality. Large spacious rooms, lots of natural light, Ledger Stone fireplace, office/den, impact insulated windows throughout, 8 Ft solid wood doors, white oak floors, 3 A/C units with dehumidifiers, all bedrooms ensuite, downstairs master suite. Resort style saltwater pool with spa and sun deck, summer kitchen, no expense spared. Deeded beach access. Your Ultimate Destination.

Last Agent to Sell the Property

Debbie Bell

Berkshire Hathaway Florida Brokerage Phone: 772-231-1270 License #0672183 Listed on: 03/01/2024

Berkshire Hathaway Florida

Last Buyer's Agent

Joseph Schlitt

Douglas Elliman Florida LLC License #3102713

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 2024

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 142x155
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 4,846 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • Casement Windows
  • French Doors
  • Sliding Doors
  • Pool Views

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Saltwater Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • Sunset Drive Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 32401800007000000005.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,643

Year Built

Built in 2024

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.5
  • Lot Size: 142x155
  • Ownership: Single Family/Other
  • Subdivision Name: Sunset Drive
  • Directions: North on A1A from Beachland Blvd. Sunset will be on the right immediately after Fred Turek and before the Village Shops
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2024
  • ResoBuildingAreaSource: Builder
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-1270
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Primary Downstairs, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 4846.0
  • Stories: 2
  • Window Features: Casement Window(s)
  • ResoLivingAreaSource: Builder

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private, Salt Water
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Outdoor Shower, Patio, Propane Tank - Owned
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32401800007000000005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Mar 22, 2024
Sold by
Schuele Leonard Wayne and Schuele Stacia
Bought by
Halvorsen Matthew J and Halvorsen Kate L
Seller's Agent
Debbie Bell
Berkshire Hathaway Florida
Buyer's Agent
Joseph Schlitt
Douglas Elliman Florida LLC
List Price
$4,150,000
Sold Price
$4,126,000
Premium/Discount to List
-$24,000
-0.58%
Views
11
Current Estimated Value
$3,289,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$836,500
Avg. Annual Appreciation
-14.94%

Purchase Details

Closed on
Aug 9, 2021
Sold by
Schuele Leonard Wayne and Schuele Stacia
Bought by
Schuele Leonard Wayne and Schuele Stacia

Purchase Details

Closed on
Dec 3, 2014
Sold by
Cebula Jeffrey E and Cebula Jane E
Bought by
Schuele Leonrad Wayne

Purchase Details

Closed on
Dec 2, 2005
Sold by
Mccarthy Robert W and Mccarthy Barbara Converse
Bought by
Cebula Jeffrey E and Cebula Jane E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 6, 2005
Sold by
Mccarthy Robert W
Bought by
Mccarthy Robert W and Mccarthy Barbara Converse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 23, 2004
Sold by
Waterford In Vero Inc
Bought by
Mccarthy Robert W

Purchase Details

Closed on
Mar 21, 2003
Sold by
Holme Charles F
Bought by
Waterford Vero Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.82%

Purchase Details

Closed on
Dec 29, 2000
Sold by
Holme Charles F
Bought by
Holme Charles F
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
Halvorsen Matthew J $4,126,000 None Listed On Document
Schuele Leonard Wayne -- Accommodation
Schuele Leonrad Wayne $250,000 Elite Title Of The Treasure
Cebula Jeffrey E $589,000 Island Title Agency
Mccarthy Robert W -- Island House Title Llc
Mccarthy Robert W $395,000 Island Title Agency
Waterford Vero Inc $320,000 --
Holme Charles F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cebula Jeffrey E $112,000
Previous Owner Cebula Jeffrey E $359,650
Previous Owner Mccarthy Robert W $175,000
Previous Owner Waterford Vero Inc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2024 03/22/24 Sold $4,126,000 -0.6% $851 / Sq Ft
03/01/2024 03/01/24 For Sale $4,150,000 -- $856 / 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 $5,643 $615,570 $615,570 --
2023 $5,643 $480,145 $480,145 $0
2022 $5,692 $480,145 $480,145 $0
2021 $5,516 $455,522 $455,522 $0
2020 $5,055 $406,276 $406,276 $0
2019 $5,000 $406,276 $406,276 $0
2018 $4,885 $406,276 $406,276 $0
2017 $4,565 $369,342 $0 $0
2016 $3,851 $270,850 $0 $0
2015 $4,040 $270,850 $0 $0
2014 $3,819 $254,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Debbie Bell

    Berkshire Hathaway Florida

    (772) 473-7255

    61 in this area

    151 Total Sales

    Debbie Bell
    Section Image
  • Joseph Schlitt

    Buyer's Agent in 2024

    Joseph Schlitt

    Douglas Elliman Florida LLC

    (772) 643-6824

    5 in this area

    116 Total Sales

    Joseph Schlitt
    Section Image

  • J

    Buyer Co-Listing Agent in 2024

    Joseph ONeill

    Douglas Elliman Florida LLC

    5 in this area

    121 Total Sales

    Joseph ONeill
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 275960

APN: 32-40-18-00007-0000-00005.0

Florida Indian River County Vero Beach 32963

940 Sunrise Terrace, Vero Beach, FL

This home is located at 940 Sunrise Terrace, Vero Beach, FL 32963 since 01 March 2024 and is currently estimated at $3,289,500, approximately $678 per square foot. This property was built in 2024. 940 Sunrise Terrace is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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