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531 Sea Oak Drive

531 Sea Oak Drive, Vero Beach, FL 32963
Property in Vero Beach
Sold Oct 12, 2012
$1,400,000
$417,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2042
Sold Mar 17, 2009
$1,200,000
$800,000 by Rbc Bank Usa
Mortgage Due Apr 01, 2039
531 Sea Oak 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 1977 and is 47 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 531 Sea Oak Drive has 3,353 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 1,300 ft. The area measurement of the land has been determined as 19,602 square feet.

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 attached garage for those who require parking. The garage measured 594 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of tile. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 531 Sea Oak Drive sold most recently in Oct 11, 2012 for a total of $1,400,000. If you work out the math, that's approximately a cost of $354.70 per sqft. Before that, the property was also sold for $1,200,000 in Mar 4, 2009. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $24,223 in taxes each year. 531 Sea Oak Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,236,890. If we break it down further, the land itself was valued at $1,445,000. Improvements to the property, however, were assessed at a total of $791,890. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: A
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 3,947
  • Gross Building Area: 3,947
  • Building Area: 3,353
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,353
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNS ISLAND PLAT 4
  • Land Acres: 0.45
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHNS ISLAND PLAT 4 LOT 373 PBI 8-62C

Ownership

  • Current Owner : SAYERS GRAHAM J
  • Current Owner 2: SAYERS MARGARET C
  • Previous Owner : FREY RUTH N
  • Owner Before Previous Owner: CRANE JAMES M
  • Owner Before Previous Owner 2: CRANE JEAN C

Neighborhood

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

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-39-01-00002-0000-00373.0
  • Lot: 373
  • Meridian: SEC 01 TWN 32S RNG 39E
  • Municipality: TOWN OF INDIAN RIVER SHORES
  • Latitude: 27.7262
  • Longitude: -80.383

    Address

  • Full Address: 531 Sea Oak Dr
  • Address - House Number: 531
  • Address - Street Name: Sea Oak
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C003
  • 4-Digit Zip Code: 3248
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 3,706
  • Tax Year: 2022
  • Tax Amount: $24,223
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 3,124,523
  • High Value: 3,771,594
  • Low Value: 2,477,451

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 12, 2012
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2042

    Market Valuation

  • Market Total Value: $2,236,890
  • Market Land Value: $1,445,000
  • Market Improvement Value: $791,890

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,236,890
  • Assessed Land Value: $1,445,000
  • Assessed Improvements Value: $791,890

    Sales

  • Current Sale Contract Date: Oct 11, 2012
  • Current Sale Recording Date: Oct 12, 2012
  • Current Sale Transaction ID: 1056043093
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2244384
  • Previous Sale Recording Date: Mar 17, 2009
  • Previous Sale Contract Date: Mar 04, 2009
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 12, 2012
  • First Mortgage Loan Amount: $417,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: RBC BANK USA
  • Previous Mortgage Transaction Date: Mar 17, 2009
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Apr 01, 2039

About Indian River Shores



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Frequently Asked Questions

What neighborhood is 531 Sea Oak Drive located in?
The 531 Sea Oak Drive is a located in the neighborhood of Vero Beach in Indian River Shores, Vero Beach.
What is the average sales price for listings in 531 Sea Oak Drive?
The average sales price for units in 531 Sea Oak Drive is $0 currently.

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