NOT LISTED FOR SALE

1250 7th St SW Vero Beach, FL 32962

Estimated Value: $214,000 - $299,110

3 Beds
1 Bath
1,470 Sq Ft
$168/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $230,500 $157 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,472/month

Highlights

  • 1.64 Acre Lot
  • Views
  • No Heating
  • Vero Beach High School Rated A-
  • South Facing Home
  • 1-Story Property

About This Home

As of March 2023

Quiet, private setting on 1.6+ acre homesite. Mostly fenced with additional fenced area around 3 bedroom 1 bath home. Shared gated entry, storage buildings, fruit trees & flowering hedges add to it's charm. Large wood deck under two large canopy trees just off the front deck which extends the full length of the home. This is a Fannie Mae HECM property and is sold "as-is".

Last Agent to Sell the Property

Richard Beneduce

Beneduce Realty Inc License #3072602 Listed on: 01/27/2023

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $794

Year Built

  • Built in 1977

Lot Details

  • 1.64 Acre Lot
  • Lot Dimensions are 460x180
  • South Facing Home

Parking

  • Unassigned Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Community Details

  • Indian River Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33392300001009000001.1

Home Details

Home Type

Single Family

Est. Annual Taxes

$794

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 1.64
  • Lot Size: 460x180
  • Ownership: Single Family/Other
  • Subdivision Name: Indian River Farms
  • Directions: From Oslo Road head North on 12th Ave SW. At the end - before the turn East on 7th St SW - Turn West on dirt driveway through gate. Property is on Right.
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1977
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-564-6100
  • Special Features: 20
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Other
  • Living Area: 1470.0
  • Stories: 1
  • Window Features: None, Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1-3 Acres
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Frame
  • Direction Faces: South
  • Exterior Features: None
  • Roof: Shingle

Garage/Parking

  • Parking Features: Unassigned

Utilities

  • Laundry Features: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: N/A
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33392300001009000001.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 794.0
  • Tax Lot: 0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2023
Closed on
Mar 6, 2023
Sold by
Fannie Mae
Bought by
Gibilisco Santo
Seller's Agent
Richard Beneduce
Beneduce Realty Inc
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$204,000
Sold Price
$230,500
Premium/Discount to List
$26,500
12.99%
Current Estimated Value
$247,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,528
Avg. Annual Appreciation
2.71%

Purchase Details

Closed on
Dec 1, 2022
Sold by
Mortgage Assets Management Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 29, 2022
Sold by
Mortgage Assets Management Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 14, 2022
Sold by
Childers Kenneth W
Bought by
Mortgage Assets Management Llc

Purchase Details

Closed on
May 24, 2002
Sold by
Erwin Lisa C
Bought by
Childers Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.92%

Purchase Details

Closed on
May 21, 2002
Sold by
Elliott Sharon
Bought by
Childers Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.92%

Purchase Details

Closed on
May 13, 2002
Sold by
Childers Thomas L
Bought by
Childers Kenneth W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.92%

Purchase Details

Closed on
Apr 14, 1999
Sold by
Childers Mary F
Bought by
Childers Kenneth W
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
Gibilisco Santo $230,500 Priority Title & Escrow
Federal National Mortgage Association -- Servicelink
Mortgage Assets Management Llc $210,142 Servicelink
Federal National Mortgage Association -- Servicelink
Mortgage Assets Management Llc $210,142 Servicelink
Childers Kenneth W -- --
Childers Kenneth W -- --
Childers Kenneth W -- --
Childers Kenneth W -- --
Childers Kenneth W $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Childers Kenneth W $66,500
Previous Owner Childers Kenneth W $66,500
Previous Owner Childers Kenneth W $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2023 03/06/23 Sold $230,500 +13.0% $157 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $204,000 -- $139 / 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 $2,123 $135,737 $41,820 $93,917
2023 $2,123 $138,548 $41,820 $96,728
2022 $794 $82,340 $0 $0
2021 $767 $79,942 $0 $0
2020 $750 $78,838 $0 $0
2019 $736 $77,065 $0 $0
2018 $719 $75,628 $0 $0
2017 $708 $74,073 $0 $0
2016 $703 $72,550 $0 $0
2015 $728 $72,050 $0 $0
2014 $695 $71,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 265720

APN: 33-39-23-00001-0090-00001.1