NOT LISTED FOR SALE

1225 Southlakes Way SW Vero Beach, FL 32968

Estimated Value: $629,717 - $678,000

4 Beds
3.5 Baths
2,919 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $390,000 $134 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,818/month

53 Days on Market

Highlights

  • Lake Front
  • Outdoor Pool
  • Gated Community
  • Vero Beach High School Rated A-
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of July 2018

Young home with almost 3000 sqft under air, 4BR plus office, long lake views and exceptional pool/lanai. Extra open floor plan, natural gas kitchen with granite, cathedral ceilings. Tons of large closets too! Enjoy the tangerine sunsets off the lake!

Last Agent to Sell the Property

Kelly Fischer

EXP Realty, LLC License #3063437 Listed on: 05/07/2018

EXP Realty, LLC

Last Buyer's Agent

Brad Shearer

Berkshire Hathaway Florida License #0700673

Berkshire Hathaway Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,960

Year Built

  • Built in 2010

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x134
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,919 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Attic Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Screen Enclosure

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 33392800009000000040.0

Community Details

Overview

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,960

Year Built

Built in 2010

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 Oslo Rd east, then R intro South Lakes, L after gate and follow all the way to end and around the bend.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2010
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Kitchen Island, Master Downstairs, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2919.0
  • Stories: 1
  • Window Features: Single Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • Pool Features: Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Lake, Pool
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Porch, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Attic Fan, 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: Sidewalks
  • Association Fee: 92.0
  • Pets Allowed: Yes

Fee Information

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

Schools

  • High School: Vero Beach High School

Lot Info

  • Parcel #: 33392800009000000040.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4960.0
  • Tax Lot: 40
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 30, 2018
Sold by
Reback Sandra D and Sandra D Reback Trust
Bought by
Flinn Thomas W
Seller's Agent
Kelly Fischer
EXP Realty, LLC
Buyer's Agent
Brad Shearer
Berkshire Hathaway Florida
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Current Estimated Value
$651,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,929
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Nov 8, 2016
Sold by
Reback Sandra D and The Sandra D Reback Trust
Bought by
Reback Sandra D and The Sandra D Reback Trust

Purchase Details

Closed on
Feb 1, 2010
Sold by
Ameritrend Homes Inc
Bought by
Reback Sandra D and Reback Bruce Karen
Source: Public Records

Range of Values:

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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
Flinn Thomas W $390,000 Harbortitle & Escrow Inc
Reback Sandra D -- None Available
Reback Sandra D $40,000 First American Title Ins Co
Ameritrend Homes Inc $40,000 First American Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $390,000 -6.0% $134 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $415,000 -- $142 / 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 $4,343 $359,263 -- --
2023 $4,343 $338,969 $0 $0
2022 $4,233 $329,096 $0 $0
2021 $4,229 $319,511 $0 $0
2020 $4,218 $315,099 $0 $0
2019 $4,225 $307,664 $25,500 $282,164
2018 $5,002 $315,477 $25,500 $289,977
2017 $5,078 $315,477 $0 $0
2016 $4,817 $295,830 $0 $0
2015 $4,928 $307,090 $0 $0
2014 $4,180 $249,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 204577

APN: 33-39-28-00009-0000-00040.0