NOT LISTED FOR SALE

1238 16th St Vero Beach, FL 32960

Estimated Value: $2,422,118

-- Bed
-- Bath
12,362 Sq Ft
$196/Sq Ft Est. Value

About This Home

This home is located at 1238 16th St, Vero Beach, FL 32960 and is currently estimated at $2,422,118, approximately $195 per square foot. 1238 16th St is a home located in Indian River County with nearby schools including Vero Beach Elementary School, Gifford Middle School, and Vero Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2019
Sold by
Whitney 605 Llc
Bought by
Novak Real Estate Holdings Llc
Current Estimated Value
$2,422,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,000
Outstanding Balance
$1,088,598
Interest Rate
3.8%
Mortgage Type
Commercial
Estimated Equity
$1,333,520

Purchase Details

Closed on
Dec 22, 2017
Sold by
Mkf Investments Llc
Bought by
Whitney 605 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2011
Sold by
Frey H Michael and Frey Karen M
Bought by
Mkf Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 5, 2011
Sold by
Samanda Partners Llc
Bought by
Frey H Michael and Frey Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2004
Sold by
Mkf Investments Inc
Bought by
Samanda Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
5.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 9, 2001
Sold by
Culumber Rudy and Culumber Mary L
Bought by
M K F Inv Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.95%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Novak Real Estate Holdings Llc $1,500,000 Attorney
Whitney 605 Llc $1,187,500 Attorney
Mkf Investments Llc -- None Available
Frey H Michael $815,000 Attorney
Samanda Partners Llc $725,000 Elite Title Of The Treasure
M K F Inv Inc $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Real Estate Holdings Llc $1,305,000
Previous Owner Whitney 605 Llc $70,000
Previous Owner Frey H Michael $150,000
Previous Owner Samanda Partners Llc $580,000
Previous Owner M K F Inv Inc $425,000
Source: Public Records

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 $18,833 $1,071,523 $217,713 $853,810
2023 $18,833 $1,054,719 $217,713 $837,006
2022 $18,718 $1,052,911 $217,713 $835,198
2021 $17,685 $990,318 $217,713 $772,605
2020 $18,358 $1,026,120 $217,713 $808,407
2019 $17,731 $966,263 $217,713 $748,550
2018 $15,354 $902,889 $333,795 $569,094
2017 $13,220 $679,955 $0 $0
2016 $13,257 $679,960 $0 $0
2015 $13,725 $685,080 $0 $0
2014 $12,409 $634,840 $0 $0
Source: Public Records

Map

Florida Indian River County Vero Beach 32960

1238 16th St, Vero Beach, FL

This home is located at 1238 16th St, Vero Beach, FL 32960 and is currently estimated at $2,422,118, approximately $195 per square foot. 1238 16th St is a home located in Indian River County with nearby schools including Vero Beach Elementary School, Gifford Middle School, and Vero Beach High School.

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