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522 Cavern Terrace

522 Cavern Terrace, Sebastian, FL 32958
House in Vero Beach
Sold Jan 19, 2022
$375,000
$300,000 by Interfirst Mortgage Company
Mortgage Due Feb 01, 2052
Sold Oct 20, 2003
$173,900
$105,000 by Wells Fargo Home Mtg Inc
Mortgage
Local assessors in Sebastian, FL have categorized 522 Cavern Terrace as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 10,454 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 850 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 522 Cavern Terrace has a total of 1,657 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a hip style roof that was made of materials that we aren't sure of. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 522 Cavern Terrace sold most recently in Jan 14, 2022 for a total of $375,000. If you work out the math, that's approximately a cost of $180.55 per sqft. Before that, the property was also sold for $173,900 in Sep 12, 2003. 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 $1,804 in taxes each year. 522 Cavern Terrace was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $137,456. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.

Building Features

Exterior

Block Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C+
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,077
  • Gross Building Area: 2,134
  • Building Area: 1,657
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,657
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEBASTIAN HIGHLANDS UNIT 11
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEBASTIAN HIGHLANDS UNIT 11 BLK 361 LOT 13 PBI 7-56D

Ownership

  • Current Owner : B & L FLORIDA HOLDINGS LLC
  • Previous Owner : WINSLOW SCOTT C
  • Previous Owner 2: WINSLOW PATRICIA A
  • Owner Before Previous Owner: HINZMAN FRANK F
  • Owner Before Previous Owner 2: HINZMAN PATRICIA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050809

Zoning

  • Zoning: RS-10

Geography

  • Parcel: 31-38-25-00001-3610-00013.0
  • Block: 361
  • Lot: 13
  • Meridian: SEC 25 TWN 31S RNG 38E
  • Municipality: CITY OF SEBASTIAN
  • Latitude: 27.7629
  • Longitude: -80.4854

    Address

  • Full Address: 522 Cavern Ter
  • Legal Unit: 11
  • Address - House Number: 522
  • Address - Street Name: Cavern
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Sebastian
  • Carrier Code: R021
  • 4-Digit Zip Code: 6552
  • Zip Code: 32958

Valuation

    Tax

  • Total Area: 1,974
  • Tax Year: 2022
  • Tax Amount: $1,804
  • Tax Rate Code Area: 2

    Appraisal Valuation

  • Standard Deviation: 0.2064
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 405,376
  • High Value: 489,068
  • Low Value: 321,684

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: INTERFIRST MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Jan 19, 2022
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $277,993
  • Market Land Value: $33,958
  • Market Improvement Value: $244,035

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $137,456

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Transaction ID: 11877918250
  • Current Sale Price: $375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3476
  • Previous Sale Recording Date: Oct 20, 2003
  • Previous Sale Contract Date: Sep 12, 2003
  • Previous Sale Amount: $173,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERFIRST MORTGAGE COMPANY
  • First Mortgage Transaction Date: Jan 19, 2022
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MTG INC
  • Previous Mortgage Transaction Date: Oct 20, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $105,000
  • Previous Mortgage Term: 360

About Sebastian



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Frequently Asked Questions

What neighborhood is 522 Cavern Terrace located in?
The 522 Cavern Terrace is a house located in the neighborhood of Vero Beach in Sebastian, Sebastian.
What is the average sales price for listings in 522 Cavern Terrace?
The average sales price for units in 522 Cavern Terrace is $0 currently.

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