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1512 Ocean Drive

1512 Ocean Drive, Vero Beach, FL 32963
Property in Vero Beach
Sold Mar 02, 2004
$849,800
$676,000 by Wa Mutual Bk
Mortgage
Sold Mar 02, 2004
$849,800
$676,000 by Washington Mutual Bank Fa
Mortgage Due Mar 01, 2034
1512 Ocean Drive has been categorized by the local assessors in Vero Beach, FL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1512 Ocean Drive has 2,132 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,742 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1512 Ocean Drive sold most recently in Feb 27, 2004 for a total of $849,800. If you work out the math, that's approximately a cost of $398.59 per sqft. Before that, the property was also sold for $849,800 in Feb 27, 2004. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $13,785 in taxes each year. 1512 Ocean Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,038,761. Improvements to the property, however, were assessed at a total of $1,038,761. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,742
  • Total Building Area: 2,132
  • Gross Building Area: 2,132
  • Building Area: 2,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE BY THE SEA
  • Land Acres: 0.04
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: VILLAGE BY THE SEA EAST UNIT 4 OR BK 1908 PG 400

Ownership

  • Current Owner : MONTGOMERY C ALEX
  • Current Owner 2: MONTGOMERY ELLA LOUISE
  • Previous Owner : TRIPLE CROWN DEV CO INC
  • Owner Before Previous Owner: TRIPLE CROWN DEVELOPMENT CO INC
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 09, 2024

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050508

Zoning

  • Zoning: VC1A

Geography

  • Parcel: 33-40-08-00018-0001-00004.0
  • Block: 14
  • Meridian: SEC 08 TWN 33S RNG 40E
  • Municipality: CITY OF VERO BEACH
  • Latitude: 27.6291
  • Longitude: -80.3512

    Address

  • Full Address: 1512 Ocean Dr
  • Legal Unit: 4
  • Address - House Number: 1512
  • Address - Street Name: Ocean
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C016
  • 4-Digit Zip Code: 2337
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 2,132
  • Tax Year: 2022
  • Tax Amount: $13,785
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1469
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 1,535,835
  • High Value: 1,761,459
  • Low Value: 1,310,211

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $676,000
  • First Open Lien Mortgage Lender: WA MUTUAL BK
  • First Open Lien Mortgage Recording Date: Mar 02, 2004
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $676,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,038,761
  • Market Improvement Value: $1,038,761

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,038,761
  • Assessed Improvements Value: $1,038,761

    Sales

  • Current Sale Contract Date: Feb 27, 2004
  • Current Sale Recording Date: Mar 02, 2004
  • Current Sale Transaction ID: 1141827337
  • Current Sale Price: $849,800
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Mar 02, 2004
  • Previous Sale Contract Date: Feb 27, 2004
  • Previous Sale Amount: $849,800
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WA MUTUAL BK
  • First Mortgage Transaction Date: Mar 02, 2004
  • First Mortgage Loan Amount: $676,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Mar 02, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $676,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2034

About Vero Beach



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Frequently Asked Questions

What neighborhood is 1512 Ocean Drive located in?
The 1512 Ocean Drive is a located in the neighborhood of Vero Beach in Vero Beach, Vero Beach.
What is the average sales price for listings in 1512 Ocean Drive?
The average sales price for units in 1512 Ocean Drive is $0 currently.

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