NOT LISTED FOR SALE

1485 Gracewood Ln Vero Beach, FL 32963

Estimated Value: $1,878,123 - $2,197,000

3 Beds
4 Baths
3,237 Sq Ft
$628/Sq Ft Est. Value

Last Sold June 05, 2012

Last sale price $950,000 $293 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $11,913/month

201 Days on Market

Highlights

  • Beach Access
  • Outdoor Pool
  • Deck
  • Beachland Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of June 2012

Beautiful gated lane to ocean beach! Location, location! Over half acre w/ south exposure heated pool. 3200+ sq. ft. home has high ceilings, moldings, wood floors, fireplace. Open kitchen/family room. Split bedrooms w/ master, guest & library in main house, bed/bath suite in pool house. Covered patio. Lush landscaping. Loaded w/charm and privacy. Rm sizes approx. As-Is with inspections.

Last Agent to Sell the Property

Lucy Hendricks

Premier Estate Properties Brokerage Phone: 772-231-1270 License #0401659 Listed on: 10/10/2011

Last Buyer's Agent

Michael Thorpe

One Sotheby's Int'l Realty License #3230082

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,539

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 115x197
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Courtyard Style Home
  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Blinds
  • Casement Windows
  • French Doors
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Beach Access
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 33401600022000000003.0

Community Details

Overview

  • Association fees include common areas, security
  • Gracewood Lane Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,539

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 115X197
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: GRACEWOOD LANE
  • Directions: Gracewood Lane East of A1A about 2 miles south of 17th Street Causeway.
  • Architectural Style: Courtyard, One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1996
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Kitchen Island, Primary Downstairs, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Casement Window(s)

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Garden, Pool
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Deck, Sprinkler/Irrigation, Porch, Propane Tank - Owned
  • Patio And Porch Features: Covered, Deck, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Dues Paid Annually
  • Association Fee: 2500.0
  • 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 #: 33401600022000000003.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 9539.0
  • Tax Lot: 3
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2016
Sold by
Silvestri Adler Jamie L
Bought by
Adler James J
Current Estimated Value
$2,033,781

Purchase Details

Listed on
Oct 10, 2011
Closed on
Jun 5, 2012
Sold by
Peikin Steven R and Snodgrass Lori L
Bought by
Alder James J and Silvestri Adler Jamie L
Seller's Agent
Lucy Hendricks
Premier Estate Properties
Buyer's Agent
Michael Thorpe
One Sotheby's Int'l Realty
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$720,000
Outstanding Balance
$470,401
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,563,380

Purchase Details

Closed on
Aug 31, 2010
Sold by
Covert Edward P and Covert Eileen G
Bought by
Peikin Steven R and Snodgrass Lori L

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
4.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2004
Sold by
Levi-Minzi Sergio and Levi-Minzi Irene
Bought by
Covert Edward P and Covert Eileen G

Purchase Details

Closed on
Jun 24, 1996
Sold by
Suca Network Inc
Bought by
Levi Minzi Sergio and Levi Minzi Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adler James J -- Attorney
Alder James J $950,000 Attorney
Peikin Steven R $895,000 Lawyers Title Agency Beach
Covert Edward P $899,000 --
Levi Minzi Sergio $520,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alder James J $720,000
Previous Owner Peikin Steven R $300,000
Previous Owner Levi Minzi Sergio $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/05/2012 06/05/12 Sold $950,000 -4.5% $293 / Sq Ft
05/06/2012 05/06/12 Pending -- -- --
10/17/2011 10/17/11 For Sale $995,000 -- $307 / 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 $14,694 $1,059,830 -- --
2024 $13,524 $1,059,830 -- --
2023 $13,524 $999,962 $0 $0
2022 $13,213 $970,837 $0 $0
2021 $13,267 $942,561 $0 $0
2020 $13,268 $929,547 $407,129 $522,418
2019 $13,668 $929,547 $407,129 $522,418
2018 $14,102 $906,526 $407,129 $499,397
2017 $14,690 $929,106 $0 $0
2016 $14,937 $938,540 $0 $0
2015 $14,123 $846,280 $0 $0
2014 $12,914 $784,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    Lucy Hendricks

    Premier Estate Properties

    (772) 559-8812

    8 in this area

    50 Total Sales

    Lucy Hendricks
    Section Image
  • Michael Thorpe

    Buyer's Agent in 2012

    Michael Thorpe

    One Sotheby's Int'l Realty

    (772) 492-1002

    3 in this area

    95 Total Sales

    Michael Thorpe
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 122989

APN: 33-40-16-00022-0000-00003.0

Florida Indian River County Vero Beach 32963

1485 Gracewood Ln, Vero Beach, FL

Not Listed for Sale

Detached

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