$2,325,000
SOLD SEP 7, 2023
4 Beds
3.5 Baths
2,310 Sq Ft
0.68 Acres

Recently Sold

$1,006 Per Sq Ft

34% Below List Price

443 Days on Market

Highlights

  • Ocean Front
  • 0.68 Acre Lot
  • 1 Fireplace
  • Beachland Elementary School Rated A-
  • Wood Flooring
  • Tennis Courts

About This Home

As of September 2023

Remarkable opportunity to build your dream home on over half an acre (0.68±) of prime oceanfront land. Situated in an intimate, exclusive community consisting of just 12 homes and boasting an impressive 114± feet of ocean frontage. Standout feature includes the seawall, already in place, providing enhanced protection and stability. Plan and construct your coastal masterpiece close to Windsor and Orchid Island Golf and Beach Club.

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961 Listed on: 06/20/2022

One Sotheby's Int'l Realty

Co-Listed By

Richard Boga

One Sotheby's Int'l Realty License #3202494

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,203

Year Built

  • Built in 1988

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 114x270
  • Ocean Front
  • West Facing Home

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,310 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Sliding Doors
  • Ocean Views
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 31391400001000000005.1

Community Details

Overview

  • Association fees include common areas
  • Sanderling Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,203

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Lot Size: 114x270
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Single Family/Other
  • Subdivision Name: Sanderling
  • Directions: A1A north of 510 across from Windsor. Sanderling Lane on the east side of A1A.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 1988
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2310.0
  • Stories: 3

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: None
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Court(s)
  • Association Fee: 222.0
  • Association Name: n/a
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 31391400001000000005.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 23203.0
  • Tax Lot: 5
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2022
Closed on
Sep 7, 2023
Sold by
Oneill Brian
Bought by
Ocean View And Frontage Iv Llc
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$3,500,000
Sold Price
$2,325,000
Premium/Discount to List
-$1,175,000
-33.57%
Views
94
Current Estimated Value
$2,688,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$363,763
Avg. Annual Appreciation
8.04%

Purchase Details

Listed on
Apr 27, 2021
Closed on
Apr 12, 2022
Sold by
Godshall David F
Bought by
Oneill Brian
Seller's Agent
Tom Snowberger
Dale Sorensen Real Estate Inc.
Buyer's Agent
Melanie Walsh
Dale Sorensen Real Estate Inc.
List Price
$2,700,000
Sold Price
$2,600,000
Premium/Discount to List
-$100,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-7.67%

Purchase Details

Closed on
Jun 16, 2004
Sold by
Gulati Geraldine and Gulati Ramesh J
Bought by
Godshall David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,406,250
Interest Rate
4.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 30, 2002
Sold by
Luscombe Sandra
Bought by
Gulati Ramesh and Gulati Geraldine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,750
Interest Rate
7.16%

Purchase Details

Closed on
Jan 22, 1999
Sold by
Lassiter William G and Lassiter Aneice R
Bought by
Luscombe Sandra
Source: Public Records

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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 $2,325,000 None Listed On Document
Warranty Deed $2,600,000 Treasure Coast Title & Settlem
Warranty Deed $1,875,000 Elite Title Of The Treasure
Warranty Deed $885,000 --
Warranty Deed -- --
Warranty Deed $425,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $240,000 Credit Line Revolving
Previous Owner $1,960,000 Negative Amortization
Previous Owner $150,000 Credit Line Revolving
Previous Owner $1,406,250 Balloon
Previous Owner $663,750 No Value Available
Previous Owner $42,000 Credit Line Revolving
Previous Owner $437,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2023 09/07/23 Sold $2,325,000 -7.0% $1,006 / Sq Ft
06/20/2023 06/20/23 Price Changed $2,500,000 -9.1% $1,082 / Sq Ft
05/09/2023 05/09/23 Price Changed $2,750,000 -21.4% $1,190 / Sq Ft
06/20/2022 06/20/22 For Sale $3,500,000 +34.6% $1,515 / Sq Ft
04/14/2022 04/14/22 Sold $2,600,000 -3.7% $1,126 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
04/27/2021 04/27/21 For Sale $2,700,000 0.0% $1,169 / Sq Ft
02/01/2020 02/01/20 Rented $50,000 +525.0% --
01/02/2020 01/02/20 Under Contract -- -- --
11/06/2019 11/06/19 For Rent $8,000 +23.1% --
06/27/2018 06/27/18 Rented $6,500 -18.8% --
05/28/2018 05/28/18 Under Contract -- -- --
08/14/2017 08/14/17 For Rent $8,000 +33.3% --
10/17/2016 10/17/16 Rented $6,000 -20.0% --
09/17/2016 09/17/16 Under Contract -- -- --
07/30/2016 07/30/16 For Rent $7,500 +25.0% --
10/21/2015 10/21/15 Rented $6,000 -25.0% --
09/21/2015 09/21/15 Under Contract -- -- --
07/06/2015 07/06/15 For Rent $8,000 +138.8% --
06/25/2013 06/25/13 Rented $3,350 -25.6% --
05/26/2013 05/26/13 Under Contract -- -- --
03/13/2013 03/13/13 For Rent $4,500 -- --
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 $31,224 $1,475,189 $1,475,189 --
2023 $31,224 $2,215,095 $1,475,189 $739,906
2022 $26,755 $2,090,082 $1,475,189 $614,893
2021 $23,203 $1,578,576 $1,047,405 $531,171
2020 $23,646 $1,584,926 $1,047,405 $537,521
2019 $24,213 $1,645,714 $1,108,145 $537,569
2018 $21,575 $1,383,111 $852,419 $530,692
2017 $21,423 $1,350,092 $0 $0
2016 $20,831 $1,297,510 $0 $0
2015 $20,253 $1,208,490 $0 $0
2014 $20,605 $1,246,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 257513

APN: 31-39-14-00001-0000-00005.1