NOT LISTED FOR SALE

120 Palm Island Ln Vero Beach, FL 32963

Estimated Value: $1,245,885 - $1,544,000

3 Beds
3.5 Baths
2,496 Sq Ft
$559/Sq Ft Est. Value

Last Sold July 15, 2020

Last sale price $760,000 $304 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,078/month

507 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Spa
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Private Membership Available

About This Home

As of July 2020

Stunning courtyard welcomes you to the Resort Lifestyle. Crown molding, coffered ceiling in formal DR and massive beams stretch across spacious Gt Room w/Open-Concept Kitchen anchored by white and gray island w/marble. 3BD/3.5BA with 1st floor Master makes this an island paradise w/Beach Club, Marina (dock available to purchase) and fitness center.

Last Agent to Sell the Property

Cindy Schulz-Long

Berkshire Hathaway Florida License #3348487 Listed on: 01/24/2019

Berkshire Hathaway Florida

Last Buyer's Agent

Debbie Bell

Berkshire Hathaway Florida License #0672183

Berkshire Hathaway Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,913

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 32x148
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Courtyard Style Home
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,496 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • Blinds
  • French Doors
  • Garden Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry on lower level
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Spa
  • Gas Heated Pool

Outdoor Features

  • Beach Access
  • Water Access
  • Enclosed Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 31393600038000000030.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, security, trash
  • Private Membership Available
  • Palm Isl Plantation Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,913

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 32x148
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Palm Isl Plantation
  • Directions: Vero Beach - Route 60 east to A1A, north on A1A approximately 7 miles to community entrance at 8001 N A1A.
  • Architectural Style: Two Story, Courtyard
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 2012
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Master Downstairs, Vaulted Ceiling(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 2496.0
  • Stories: 2
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Gas Heat, Heated, Pool, Community
  • View: Garden
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Frame, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Porch, Patio, Rain Gutters, Awning(s), Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Enclosed, Patio, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Lower Level, Laundry Tub
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric, 2 Units, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Club Membership Available, Fitness, Water Access, Gutter(s), Pool
  • Association Fee: 565.0
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Security, Trash

Lot Info

  • Parcel #: 31393600038000000030.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8913.0
  • Tax Lot: 30
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jul 15, 2020
Sold by
Carr Michael D and Carr Nancy B
Bought by
Crowley Anthony W and Crowley Karlene L
Seller's Agent
Cindy Schulz-Long
Berkshire Hathaway Florida
Buyer's Agent
Debbie Bell
Berkshire Hathaway Florida
List Price
$879,000
Sold Price
$760,000
Premium/Discount to List
-$119,000
-13.54%
Current Estimated Value
$1,394,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,221
Avg. Annual Appreciation
12.20%
Original Mortgage
$500,000
Outstanding Balance
$443,367
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$950,854

Purchase Details

Listed on
Jan 5, 2016
Closed on
Nov 29, 2016
Sold by
Palm Island Plantation Llc
Bought by
Carr Michael D and Carr Nancy B
Seller's Agent
Keith Gordon
GetMoreOffers
Buyer's Agent
Michael Hickey
M&M Realty
List Price
$788,000
Sold Price
$760,000
Premium/Discount to List
-$28,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crowley Anthony W $760,000 Elite Ttl Of Treasure Coast
Carr Michael D $760,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley Anthony W $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2020 07/15/20 Sold $760,000 -13.5% $304 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
01/24/2019 01/24/19 For Sale $879,000 +15.7% $352 / Sq Ft
11/30/2016 11/30/16 Sold $760,000 -3.6% $304 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $788,000 -- $316 / 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 $8,501 $786,048 -- --
2023 $8,501 $741,645 $0 $0
2022 $8,294 $720,044 $0 $0
2021 $8,369 $699,072 $0 $0
2020 $8,847 $688,271 $89,250 $599,021
2019 $9,034 $716,971 $0 $0
2018 $9,022 $703,602 $89,250 $614,352
2017 $9,853 $709,937 $0 $0
2016 $9,351 $684,700 $0 $0
2015 $9,218 $657,860 $0 $0
2014 $8,438 $602,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 214990

APN: 31-39-36-00038-0000-00030.0