Check Availability

941 Orchid Point Way

941 Orchid Point Way, Vero Beach, FL 32963
Property in Vero Beach
Sold Feb 09, 2021
$1,250,000
$650,000 by Navy Fcu
Mortgage Due Mar 01, 2051
Sold Jun 10, 2002
$200,000
941 Orchid Point Way 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 2006 and is 18 years old. The home has a total of 7 rooms. 4 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, 941 Orchid Point Way has 3,461 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 1,721 ft and across the front of the lot is 1,086 ft. The area measurement of the land has been determined as 17,424 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 748 sqft. According to our sources, there are a total of 3 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. 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, 941 Orchid Point Way sold most recently in Feb 8, 2021 for a total of $1,250,000. If you work out the math, that's approximately a cost of $296.98 per sqft. Before that, the property was also sold for $200,000 in Jun 4, 2002. 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 $14,494 in taxes each year. 941 Orchid Point Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,060,184. If we break it down further, the land itself was valued at $305,646. Improvements to the property, however, were assessed at a total of $754,538. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: Pole
  • Garage Type: Attached
  • Garage Square Area: 748
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,721
  • Lot Size Frontage Feet: 1,086
  • Total Building Area: 4,209
  • Gross Building Area: 4,399
  • Building Area: 3,461
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,461
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORCHID ISLAND PLAT 20
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORCHID ISLAND PLAT 20 LOT 329 PBI 15-87

Ownership

  • Current Owner : LIVERMORE CINDY E
  • Previous Owner : MOREY PATRICK E
  • Previous Owner 2: MOREY JACQUELINE Y
  • Owner Before Previous Owner: MARKERT PHIL
  • Owner Before Previous Owner 2: MARKERT SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050506

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 31-39-15-00017-0000-00329.0
  • Lot: 329
  • Meridian: SEC 15 TWN 31S RNG 39E
  • Municipality: TOWN OF ORCHID
  • Latitude: 27.7805
  • Longitude: -80.4174

    Address

  • Full Address: 941 Orchid Point Way
  • Address - House Number: 941
  • Address - Street Name: Orchid Point
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R010
  • 4-Digit Zip Code: 9518
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 4,154
  • Tax Year: 2022
  • Tax Amount: $14,494
  • Tax Rate Code Area: 9

    Appraisal Valuation

  • Standard Deviation: 0.207
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 2,005,123
  • High Value: 2,420,373
  • Low Value: 1,589,873

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $1,060,184
  • Market Land Value: $305,646
  • Market Improvement Value: $754,538

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,060,184
  • Assessed Land Value: $305,646
  • Assessed Improvements Value: $754,538

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 08, 2021
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11817454860
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3120210009022
  • Previous Sale Recording Date: Jun 10, 2002
  • Previous Sale Contract Date: Jun 04, 2002
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

About Orchid



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 941 Orchid Point Way located in?
The 941 Orchid Point Way is a located in the neighborhood of Vero Beach in Orchid, Vero Beach.
What is the average sales price for listings in 941 Orchid Point Way?
The average sales price for units in 941 Orchid Point Way is $0 currently.

Quantcast