NOT LISTED FOR SALE

1225 Spanish Lace Ln Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,249,000 - $1,798,000

5 Beds
4.5 Baths
3,466 Sq Ft
$427/Sq Ft Est. Value

Last Sold March 31, 2014

Last sale price $725,000 $209 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $8,654/month

336 Days on Market

Highlights

  • Beach Access
  • Gated with Attendant
  • Hydromassage or Jetted Bathtub
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • 1 Fireplace

About This Home

As of March 2014

BRING OFFERS! Located east of A1A in guarded/sought after community w/deeded beach access. Enjoy a grand living rm w/FP, formal dining rm w/glass pocket doors, gourmet kitchen, family rm, office w/built-ins & closet, & spacious in-law suite. The master suite opens to a covered patio & features a spa-like bath retreat. The backyard is an oasis w/pool, bricked gas bbq area, & lush garden.

Co-Listed By

Michael Thorpe

One Sotheby's Int'l Realty Brokerage Phone: 772-492-1002 License #3230082

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,287

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 115x112
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Tile Roof

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Bay Window
  • French Doors
  • Pool Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Hydromassage or Jetted Bathtub

Laundry

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

Pool

  • Outdoor Pool
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 66
  • Assessor Parcel Number 33400800011000000066.0

Community Details

Overview

  • Association fees include common areas, security
  • Castaway Cove Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,287

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 115X112
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Single Family/Other
  • Subdivision Name: CASTAWAY COVE
  • Directions: S ON A1A FROM 17TH STREET, EAST INTO CASTAWAY COVE WAVE 6 NORTH ONTO SPANISH LACE LANE.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1992
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, High Ceilings, Jetted Tub, Kitchen Island, Pantry, Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Bay Window(s), Single Hung, Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: East
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Sprinkler/Irrigation, Outdoor Shower, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Lower Level, Laundry Room, Laundry Tub, In Unit
  • Security: Gated with Guard
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gutter(s)
  • Amenities: Dues Paid Annually
  • Association Fee: 1800.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 33400800011000000066.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 6287.0
  • Tax Lot: 66
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
Mar 28, 2014
Sold by
Kane William V and Kane Debra F
Bought by
Bagi Laszlo and Bagi Wendy
List Price
$965,000
Sold Price
$725,000
Premium/Discount to List
-$240,000
-24.87%
Current Estimated Value
$1,480,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,837
Avg. Annual Appreciation
6.27%
Original Mortgage
$362,500
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2006
Sold by
Hartman Karen J
Bought by
Kane William and Kane Debra F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,425
Interest Rate
9.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 30, 2005
Sold by
Corr Joseph P and Corr Denise E
Bought by
Hartman Karen J

Purchase Details

Closed on
Jun 22, 2000
Sold by
Rosenberg David and Rosenberg Jean
Bought by
Corr Joseph P and Corr Denise E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
8.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bagi Laszlo $725,000 Oceanside Title & Escrow
Kane William $1,075,000 Oceanside Title & Escrow
Hartman Karen J $910,000 Oceanside Title & Escrow
Corr Joseph P $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bagi Laszlo $362,500
Previous Owner Kane William $966,425
Previous Owner Corr Joseph P $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2014 03/31/14 Sold $725,000 -24.9% $209 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
03/29/2013 03/29/13 For Sale $965,000 -- $278 / 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
2025 $10,472 $684,327 -- --
2024 $9,562 $684,327 -- --
2023 $9,562 $645,671 $0 $0
2022 $9,287 $626,865 $0 $0
2021 $9,166 $608,607 $0 $0
2020 $9,149 $600,204 $0 $0
2019 $9,176 $586,710 $0 $0
2018 $9,158 $575,771 $0 $0
2017 $9,094 $563,929 $0 $0
2016 $8,989 $552,330 $0 $0
2015 $9,072 $540,690 $0 $0
2014 $6,642 $417,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Thorpe

    Seller Co-Listing Agent in 2014

    Michael Thorpe

    One Sotheby's Int'l Realty

    (772) 492-1002

    44 in this area

    95 Total Sales

    Michael Thorpe
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 135805

APN: 33-40-08-00011-0000-00066.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

1225 Spanish Lace Ln, Vero Beach, FL

Not Listed for Sale

Detached

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