NOT LISTED FOR SALE

Estimated Value: $557,082 - $678,000

3 Beds
2 Baths
1,862 Sq Ft
$346/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $350,000 $188 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,995/month

105 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Home fronts a pond
  • Beachland Elementary School Rated A-
  • Heated Pool
  • Gated Community

About This Home

As of January 2016

Beautiful 3BR/2BA home on the lake, Bimini model, 1,800+ SF, light & bright, split floorplan, pavered patio, separate screened lanai accessible from family room & master bedroom, high ceilings, less than a mile from the beach, Community offers tennis courts, heated swimming pool & fitness center. Sizes approx./subj. to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 09/01/2015

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Mike Boyd

Coldwell Banker Paradise License #0533457

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,298

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 60x94
  • Home fronts a pond
  • Lake Front
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Crown Molding
  • Blinds
  • Sliding Doors
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 97
  • Assessor Parcel Number 31392300022000000097.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, reserve fund, security, trash
  • Old Orchid Subdivision

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,298

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 60x94
  • Ownership: Single Family/Other
  • Subdivision Name: OLD ORCHID
  • Directions: North on A1A to 510, turn left to Old Orchid on the right. Go right past gate and home will be on the left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2002
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Crown Molding, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Porch, Patio, 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: Gated Community, Phone Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness, Other, Tennis Court(s), Pool
  • Association Fee: 940.0
  • Pets Allowed: Yes, Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security, Trash

Lot Info

  • Parcel #: 31392300022000000097.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3298.0
  • Tax Lot: 97
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2015
Closed on
Jan 13, 2016
Sold by
Dimartino Glenn
Bought by
Faber Frank G and Faber Debra A
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Mike Boyd
Coldwell Banker Paradise
List Price
$364,500
Sold Price
$350,000
Premium/Discount to List
-$14,500
-3.98%
Current Estimated Value
$643,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,521
Avg. Annual Appreciation
6.31%
Original Mortgage
$220,000
Outstanding Balance
$174,033
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$469,488

Purchase Details

Closed on
May 31, 2002
Sold by
Channing Corp 29
Bought by
Dimartino Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Faber Frank G $350,000 Attorney
Dimartino Mary Anne $299,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faber Frank G $220,000
Previous Owner Dimartino Mary Anne $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/15/2016 01/15/16 Sold $350,000 -4.0% $188 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
09/01/2015 09/01/15 For Sale $364,500 -- $196 / 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
2025 $7,487 $508,287 $106,250 $402,037
2024 $6,477 $505,575 $106,250 $399,325
2023 $6,477 $407,818 $0 $0
2022 $5,802 $441,870 $106,250 $335,620
2021 $5,061 $337,039 $46,750 $290,289
2020 $5,175 $340,264 $46,750 $293,514
2019 $5,326 $340,264 $46,750 $293,514
2018 $5,333 $336,203 $46,750 $289,453
2017 $5,129 $317,983 $0 $0
2016 $4,813 $294,860 $0 $0
2015 $3,388 $235,130 $0 $0
2014 $3,298 $233,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 162234

APN: 31-39-23-00022-0000-00097.0