NOT LISTED FOR SALE

1016 48th Terrace Vero Beach, FL 32966

Estimated Value: $516,000 - $615,241

3 Beds
2.5 Baths
2,023 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 14, 2014

Last sale price $235,000 $116 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $3,335/month

25 Days on Market

Highlights

  • Lake Front
  • Outdoor Pool
  • Attic
  • Parking available for a boat
  • Home fronts a pond
  • Built-In Features

About This Home

As of August 2014

This home has it all! Situated on almost an acre this very private, heavily landscaped 3 bedroom 2.5 bathroom home is complete with a large island kitchen, an inviting screened POOL and hot tub with brick paver patio and a front porch overlooking serene lake! Circle drive with RV/boat pad and 2 car gargae in cul-de-sac of an established neighborhood that beams with pride of ownership!

Last Agent to Sell the Property

Ashley Fletcher

Keller Williams Realty of VB Brokerage Phone: 772-234-1111 License #3241520 Listed on: 06/18/2014

Keller Williams Realty of VB

Last Buyer's Agent

Laura Webb

Real Estate Results License #3063057

Real Estate Results

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • Home fronts a pond
  • Lake Front
  • South Facing Home

Parking

  • 2 Car Garage
  • Parking available for a boat
  • RV Access or Parking

Property Views

  • Lake
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Blinds
  • French Doors
  • Sliding Doors
  • Pull Down Stairs to Attic

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Banyan Acres Subdivision

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 33390900012000000004.0

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: .83
  • Ownership: Single Family/Other
  • Subdivision Name: BANYAN ACRES
  • Directions: 43rd avenue south to west on 9th place to north on 48th Avenue. Make a slight left at end of road and home is in the cul-de-sac- corner right house
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1978
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-1111
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Attic, Built-in Features, Crown Molding, Kitchen Island, Pull Down Attic Stairs, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Lake, Pool
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: South
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Boat, Garage, RV Access/Parking

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33390900012000000004.0
  • Zoning Description: Residential

Tax Info

  • Tax Lot: 4
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2023
Sold by
Smith Wayne P and Smith Claire G
Bought by
Fletcher Thomas Lowell and Bistis Rebecca A
Current Estimated Value
$559,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Outstanding Balance
$399,901
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$159,159

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 14, 2014
Sold by
Hall Richard W and Hall Martha W
Bought by
Smith Wayne P and Smith Claire G
Seller's Agent
Ashley Fletcher
Keller Williams Realty of VB
Buyer's Agent
Laura Webb
Real Estate Results
List Price
$235,000
Sold Price
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$223,250
Interest Rate
3.31%
Mortgage Type
New Conventional
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Fletcher Thomas Lowell $485,000 None Listed On Document
Smith Wayne P $235,000 Treasure Coast Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fletcher Thomas Lowell $412,250
Previous Owner Smith Wayne P $223,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $235,000 0.0% $116 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $235,000 -- $116 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,561 $407,002 -- --
2024 $5,798 $407,002 -- --
2023 $5,798 $370,024 $0 $0
2022 $5,282 $402,295 $106,905 $295,390
2021 $4,600 $305,805 $85,524 $220,281
2020 $4,463 $292,568 $69,488 $223,080
2019 $4,413 $288,829 $69,488 $219,341
2018 $4,086 $264,061 $64,143 $199,918
2017 $3,772 $238,598 $0 $0
2016 $3,507 $221,170 $0 $0
2015 $3,230 $187,660 $0 $0
2014 $97 $160,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Fletcher

    Seller's Agent in 2014

    Ashley Fletcher

    Keller Williams Realty of VB

    (772) 713-9159

    97 in this area

    352 Total Sales

    Ashley Fletcher
    Section Image

  • L

    Buyer's Agent in 2014

    Laura Webb

    Real Estate Results

    (772) 532-3622

    12 in this area

    30 Total Sales

    Laura Webb
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 147323

APN: 33-39-09-00012-0000-00004.0

Florida Indian River County Vero Beach 32966

1016 48th Terrace, Vero Beach, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.