NOT LISTED FOR SALE

1016 48th Terrace Vero Beach, FL 32966

Estimated Value: $501,000 - $590,000

3 Beds
2.5 Baths
2,023 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2014

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

Est. 135% increase in value since last sale

Current estimated payment $3,428 / mo

25 Days on Market

Highlights

  • Lake Front
  • 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

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Blinds
  • French Doors
  • Sliding Doors
  • Lake
  • 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

Outdoor Features

  • Spa
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2026
Sold by
Bought by
Current Estimated Value
$552,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$510,000
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$42,297

Purchase Details

Closed on
May 30, 2023
Sold by
Bought by

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
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2014
Closed on
Aug 14, 2014
Sold by
Bought by
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
7.47%
Original Mortgage
$223,250
Interest Rate
3.31%
Mortgage Type
New Conventional
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Premier Title
$485,000 None Listed On Document
$235,000 Treasure Coast Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $510,000
Previous Owner $412,250
Previous Owner $223,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 147323

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

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