NOT LISTED FOR SALE

1240 Near Ocean Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,079,739 - $1,354,000

3 Beds
2 Baths
2,408 Sq Ft
$510/Sq Ft Est. Value

About This Home

This home is located at 1240 Near Ocean Dr, Vero Beach, FL 32963 and is currently estimated at $1,228,435, approximately $510 per square foot. 1240 Near Ocean Dr is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2008
Sold by
Castro Joao C
Bought by
Gruessner Robert J and Gruessner Jayme C
Current Estimated Value
$1,228,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$263,307
Interest Rate
6.08%
Mortgage Type
Unknown
Estimated Equity
$965,128

Purchase Details

Closed on
Feb 14, 2003
Sold by
Castro Joao C and Castro Rosa L
Bought by
Castro Joao C

Purchase Details

Closed on
Nov 7, 2001
Sold by
Duke Barbara D
Bought by
Castro Joao C and Castro Rosa Lopes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.57%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Gruessner Robert J $550,000 Oceanside Title & Escrow
Castro Joao C -- --
Castro Joao C $380,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gruessner Robert J $417,000
Previous Owner Castro Joao C $275,000
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
2025 $10,525 $687,631 -- --
2024 $9,610 $687,631 -- --
2023 $9,610 $648,789 $0 $0
2022 $9,334 $629,892 $0 $0
2021 $9,213 $611,545 $381,891 $229,654
2020 $8,261 $505,033 $282,267 $222,766
2019 $8,487 $505,053 $282,267 $222,786
2018 $8,352 $497,933 $282,267 $215,666
2017 $7,870 $474,491 $0 $0
2016 $7,196 $425,130 $0 $0
2015 $6,784 $388,890 $0 $0
2014 $5,780 $329,580 $0 $0
Source: Public Records

Map

Florida Indian River County Vero Beach 32963 Central Vero Beach

1240 Near Ocean Dr, Vero Beach, FL

Not Listed for Sale

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