NOT LISTED FOR SALE

1506 Lexington Square SW Vero Beach, FL 32962

Estimated Value: $420,000 - $517,000

4 Beds
2.5 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold September 15, 2016

Last sale price $225,000

Est. 107% increase in value since last sale

Current estimated payment $2,669/month

108 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Gated Community
  • Vero Beach High School Rated A-
  • Home fronts a pond
  • Hurricane or Storm Shutters

About This Home

As of September 2016

NEW HOME UNDER CONSTRUCTION Awesome 4BR 3BA open floor plan with gourmet kitchen,Granite C-tops,Stainless Appliances.Double Pane Low E Windows,Energy Efficient Home you will enjoy for years to come!

Last Buyer's Agent

Rupa Patel

Dale Sorensen Real Estate Inc. License #3113019

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,807

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Lot Dimensions are 55x135
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Lake Views
  • Laundry in unit

Kitchen

  • Down Draft Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 33392300019000000227.0

Community Details

Overview

  • Association fees include ground maintenance, reserve fund, security
  • Lexington Place Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,807

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 55x135
  • Ownership: Single Family/Other
  • Subdivision Name: Lexington Place
  • Directions: South on 58TH Ave to 5th st SW. Go East on 5th st just sw past 20th ave to Lexington Place on left
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: Yes
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2016
  • Property Sub Type Additional: Detached
  • Attribution Contact: 321-733-7972
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Down Draft, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry, Split Bedrooms, Walk-In Closet(s)
  • Stories: 2
  • Window Features: Insulated Windows, Window Treatments

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Frame, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Fee: 305.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Reserve Fund, Security

Schools

  • Elementary School: Citrus Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Oslo County Middle

Lot Info

  • Parcel #: 33392300019000000227.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Sep 15, 2016
Sold by
D R Horton Inc
Bought by
Darrell Raymond and Darrell Kara Diane
Buyer's Agent
Rupa Patel
Dale Sorensen Real Estate Inc.
List Price
$222,790
Sold Price
$225,000
Premium/Discount to List
$2,210
0.99%
Current Estimated Value
$465,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,185
Avg. Annual Appreciation
8.29%
Original Mortgage
$232,425
Outstanding Balance
$185,652
Interest Rate
3.43%
Mortgage Type
VA
Estimated Equity
$279,533
Source: Public Records

Range of Values:

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Average Value
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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
Darrell Raymond $225,000 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darrell Raymond $232,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $225,000 +1.0% --
08/16/2016 08/16/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $222,790 -- --
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 $2,807 $242,299 -- --
2023 $2,807 $228,611 $0 $0
2022 $1,777 $153,946 $0 $0
2021 $1,758 $149,462 $0 $0
2020 $1,742 $147,399 $0 $0
2019 $1,736 $144,085 $0 $0
2018 $1,715 $141,399 $0 $0
2017 $1,693 $138,491 $0 $0
2016 $261 $15,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rupa Patel

    Buyer's Agent in 2016

    Rupa Patel

    Dale Sorensen Real Estate Inc.

    (772) 766-4901

    67 in this area

    162 Total Sales

    Rupa Patel
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 170526

APN: 33-39-23-00019-0000-00227.0

Florida Indian River County Vero Beach 32962

1506 Lexington Square SW, Vero Beach, FL

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