NOT LISTED FOR SALE

1416 48th Ct Vero Beach, FL 32966

Estimated Value: $922,000 - $1,214,000

5 Beds
4 Baths
3,358 Sq Ft
$306/Sq Ft Est. Value

Last Sold June 27, 2016

Last sale price $500,000 $149 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,892/month

225 Days on Market

Highlights

  • Outdoor Pool
  • Deck
  • Vaulted Ceiling
  • Vero Beach High School Rated A-
  • Wooded Lot
  • Wood Flooring

About This Home

As of June 2016

"Doctors' Row" - updated home on a cul-de-sac on over an acre. Home features cathedral tongue-and groove ceilings, brick fireplace & wood floors. Master suite has room sized closet. Detached 2BR guesthouse. Grounds abound w/flora and fauna; ancient oaks with Spanish moss. (Bedrooms, baths and square footage are cumulative; there are 7 bedrooms inc the cottage)

Last Agent to Sell the Property

Ron J. Rennick Jr.

Rennick Real Estate Island Ofc License #0639930 Listed on: 10/15/2015

Last Buyer's Agent

Meg Hickey

M&M Realty License #3290814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,501

Year Built

  • Built in 1961

Lot Details

  • Lot Dimensions are 226x232
  • Cul-De-Sac
  • South Facing Home
  • Sprinkler System
  • Wooded Lot
  • Many Trees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • French Doors
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Shed
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Magnolia Estates Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 33390900002000000006.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,501

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 226x232
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Magnolia Estates
  • Directions: South of 16th Street between 43rd and 58th Avenues
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1961
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5200
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: High Ceilings, Split Bedrooms, Vaulted Ceiling(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: 1-3 Acres, Cul-De-Sac, Moderate Trees
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Barbecue, Deck, Sprinkler/Irrigation, Patio, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio
  • Roof: Shingle

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Carport, Two Spaces

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33390900002000000006.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4501.0
  • Tax Lot: 6
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jun 27, 2016
Sold by
Marine Douglas J and Marine Maria Elena
Bought by
Hackett Zachary and Hackett Patricia
Seller's Agent
Ron J. Rennick Jr.
Rennick Real Estate Island Ofc
Buyer's Agent
Meg Hickey
M&M Realty
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$1,026,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,913
Avg. Annual Appreciation
8.06%
Original Mortgage
$400,000
Outstanding Balance
$324,761
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$702,152

Purchase Details

Closed on
Feb 28, 2001
Sold by
Leffew James H and Leffew Suzanne
Bought by
Marine Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,000
Interest Rate
7.06%
Source: Public Records

Range of Values:

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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
Hackett Zachary $500,000 Attorney
Marine Douglas J $289,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hackett Zachary $400,000
Previous Owner Marine Douglas J $149,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2016 06/27/16 Sold $500,000 -8.9% $149 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $549,000 -- $163 / 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 $5,125 $409,494 -- --
2023 $5,125 $376,578 $0 $0
2022 $4,886 $368,066 $0 $0
2021 $4,814 $354,630 $0 $0
2020 $4,664 $340,935 $0 $0
2019 $4,545 $319,459 $0 $0
2018 $3,583 $253,684 $0 $0
2017 $3,546 $248,467 $0 $0
2016 $3,599 $403,520 $0 $0
2015 $4,689 $306,430 $0 $0
2014 $4,501 $301,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ron J. Rennick Jr.

    Seller's Agent in 2016

    Ron J. Rennick Jr.

    Rennick Real Estate Island Ofc

    (772) 473-6310

    20 in this area

    88 Total Sales

    Ron J. Rennick Jr.
    Section Image

  • M

    Buyer's Agent in 2016

    Meg Hickey

    M&M Realty

    (772) 321-3516

    22 in this area

    76 Total Sales

    Meg Hickey
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 163321

APN: 33-39-09-00002-0000-00006.0

Florida Indian River County Vero Beach 32966

1416 48th Ct, Vero Beach, FL

This home is located at 1416 48th Ct, Vero Beach, FL 32966 since 15 October 2015 and is currently estimated at $1,026,913, approximately $305 per square foot. This property was built in 1961. 1416 48th Ct is a home located in Indian River County with nearby schools including Glendale Elementary School, Storm Grove Middle School, and Vero Beach High School.

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