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Indian River Shores 32963
103 River Oak Lane
$535,000
● House - Off Market

103 River Oak Lane

Vero Beach, FL 32963
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$1,062,510
RealtyHop Estimate
98.60%
Since Jun 1, 2013
National-US
Primary Model

About This Property

Comfortable home offering soaring ceilings, living room w/gas fp, island kitchen, wet bar, breakfast nook & family room opening to screened patio/pool. Enjoy a master suite w/foyer, private entrance, walk-in closets & bath retreat w/dual vanities, walk-in shower, spa tub & bidet. Also features a den/office w/closet and 2 guest suites. Amenities include clubhouse, tennis & beach access. Sizes are approx and subject to error. ebook: http://tinyurl.com/dxtnjnc
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$648
HOA Dues
$1,150
Year Built
1999

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Space Coast MLS #664558)

Price History

Date / Event Date Event Price
Apr 12, 2016 Sold
Premium
Sold
May 17, 2013 Sold
Premium
Sold
Mar 5, 2013 Listed by Treasure Coast Sotheby's Int'l $535,000
Listed by Treasure Coast Sotheby's Int'l

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 1
  • Construction Type: 12
  • Building Style: 0
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 18
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 11
  • Porch Type: 102
  • Pool Type: 8
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,443
  • Lot Size Frontage Feet: 1,304
  • Total Building Area: 3,432
  • Gross Building Area: 3,432
  • Building Area: 2,832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,832
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SABLE OAKS SUB
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: SABLE OAKS SUB LOT 40 PBI 11-54

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050507

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-40-18-00034-0000-00040.0
  • Lot: 40
  • Meridian: SEC 18 TWN 32S RNG 40E
  • Municipality: TOWN OF INDIAN RIVER SHORES
  • Latitude: 27.6909
  • Longitude: -80.375

    Address

  • Full Address: 103 River Oak Ln
  • Address - House Number: 103
  • Address - Street Name: River Oak
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C024
  • 4-Digit Zip Code: 3813
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 3,257
  • Tax Year: 2022
  • Tax Amount: $865,410
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 1,673,772
  • High Value: 2,020,401
  • Low Value: 1,327,142

    Market Valuation

  • Market Total Value: $1,100,910
  • Market Land Value: $403,750
  • Market Improvement Value: $697,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $754,768

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 11, 2016
  • Current Sale Recording Date: Apr 12, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120160020645
  • Previous Sale Recording Date: Apr 12, 2016
  • Previous Sale Contract Date: Apr 11, 2016
  • Previous Sale Amount: $685,800
  • Previous Sale Document Type: 54
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian River Shores

Stats & Trends

Median Asking:

$1,395,000

Sale Price/ft²

$484

Below Asking

0.04%

Average Days on Market

106

Average Home Size

2841 ft²

Average Home Age

33.8 years

Currently For Sale

82 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 101 E Park Shores Circle, Indian River Shores, FL, 32963

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,640 ft²
101 E Park Shores Circle #2W, Indian River Shores, FL, 32963 Listing by Magdalena A Zych

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael G Thorpe, Treasure Coast Sotheby's Int'l
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 664558
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 103 River Oak Lane built and last sold?
The property at 103 River Oak Lane was built in 1999 and last sold on Apr 11, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 103 River Oak Lane is $0.
What are some comparable homes to 103 River Oak Lane?
There are currently no comparable homes to 103 River Oak Lane.
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