NOT LISTED FOR SALE

1040 Southlakes Way SW Vero Beach, FL 32968

Estimated Value: $367,000 - $411,000

4 Beds
2 Baths
1,826 Sq Ft
$214/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $361,000 $198 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,254/month

41 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Garden View
  • Vero Beach High School Rated A-
  • Roman Tub
  • Enclosed Patio or Porch

About This Home

As of July 2024

Absolutely meticulous, light & bright four bedroom home on oversized lot in an established and completed sought after gated community with natural gas and low HOA dues. This home has been recently updated with fresh paint inside and out, new LVP flooring, everything is crisp and clean and move in ready! You will appreciate the huge fenced yard w/room for a pool, fun, frolicking & entertaining. 2022 AC, gas is plumbed behind the stove, mounted TV stays, newer appliances included, storm protection, rain gutters, extended brick paver driveway, not in a flood zone. 2006 roof, priced accordingly.

Last Agent to Sell the Property

Kelly Fischer

EXP Realty, LLC Brokerage Phone: 772-321-6397 License #3063437 Listed on: 06/05/2024

EXP Realty, LLC

Last Buyer's Agent

Stephen Martino

Coldwell Banker Paradise License #3552219

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 2006

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x134
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,826 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Vinyl Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 61
  • Assessor Parcel Number 33392800009000000061.0

Community Details

Overview

  • Association fees include common areas, reserve fund, security
  • Ar Choice Association
  • South Lakes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,268

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.28
  • Lot Size: 90x134
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: South Lakes
  • Directions: 58th Ave to East on Oslo, right into comm, after gate, turn left, follow to house on left side.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2006
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-321-6397
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Vinyl
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1826.0
  • Stories: 1
  • Window Features: Blinds, Single Hung, Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Enclosed Porch, Fence, Sprinkler/Irrigation, Patio, Rain Gutters
  • Patio And Porch Features: Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Fee: 111.67
  • Association Name: AR Choice
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Reserve Fund, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33392800009000000061.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2268.0
  • Tax Lot: 61
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jul 24, 2024
Sold by
Tanner Lester
Bought by
Partington Mikel
Seller's Agent
Kelly Fischer
EXP Realty, LLC
Buyer's Agent
Stephen Martino
Coldwell Banker Paradise
List Price
$375,000
Sold Price
$361,000
Premium/Discount to List
-$14,000
-3.73%
Views
490
Current Estimated Value
$390,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,981
Avg. Annual Appreciation
2.90%

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 8, 2013
Sold by
Tanner Lester
Bought by
Hogan Tanner Lester and Hogan Tanner Jean
Seller's Agent
Matt Harrington
HW Real Estate Inc
List Price
$167,000
Sold Price
$161,000
Premium/Discount to List
-$6,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Listed on
Sep 17, 2013
Closed on
Nov 4, 2013
Sold by
Secretary Of Veterans Affairs
Bought by
Tanner Lester
Seller's Agent
Matt Harrington
HW Real Estate Inc
List Price
$167,000
Sold Price
$161,000
Premium/Discount to List
-$6,000
-3.59%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Veterans Affairs

Purchase Details

Closed on
May 21, 2013
Sold by
Smith Stephen F and Smith Elizabeth N
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 12, 2006
Sold by
Ameritrend Homes Inc
Bought by
Smith Stephen F and Smith Elizabeth N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,581
Interest Rate
6.41%
Mortgage Type
VA

Purchase Details

Closed on
May 17, 2005
Sold by
South Lakes Llc
Bought by
Ameritrend Homes Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Partington Mikel $361,000 Coast One Title Llc
Hogan Tanner Lester -- Harbor Title & Escrow Inc
Tanner Lester -- Attorney
Secretary Of Veterans Affairs $119,800 Attorney
Wells Fargo Bank Na -- None Available
Smith Stephen F $274,700 First American Title Ins Co
Ameritrend Homes Inc $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Stephen F $280,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2024 07/29/24 Sold $361,000 -2.4% $198 / Sq Ft
07/05/2024 07/05/24 Price Changed $369,990 -1.3% $203 / Sq Ft
06/17/2024 06/17/24 For Sale $375,000 +132.9% $205 / Sq Ft
11/08/2013 11/08/13 Sold $161,000 -3.6% $88 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
09/17/2013 09/17/13 For Sale $167,000 -- $91 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

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
2024 $2,268 $359,805 $46,750 $313,055
2023 $2,268 $189,906 $0 $0
2022 $2,203 $184,374 $0 $0
2021 $2,187 $179,004 $0 $0
2020 $2,172 $176,532 $0 $0
2019 $2,169 $172,563 $0 $0
2018 $2,146 $169,345 $0 $0
2017 $2,122 $165,862 $0 $0
2016 $2,091 $162,450 $0 $0
2015 $2,164 $161,330 $0 $0
2014 $2,097 $160,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 278829

APN: 33-39-28-00009-0000-00061.0