NOT LISTED FOR SALE

1515 41st Ave Vero Beach, FL 32960

Estimated Value: $204,710 - $454,000

1 Bed
1 Bath
1,008 Sq Ft
$272/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $350,000 $347 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $1,557/month

Highlights

  • Wooded Lot
  • Tile Flooring
  • Combination Dining and Living Room
  • Vero Beach High School Rated A-
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2022

Duplex opportunity! Very nice 2/1 and 3/1, meticulously maintained! New metal roof, updated ACs, both sides occupied w/great tenants. Each side has 4 parking spots, both tiled throughout and w priv laundry, some updated appliances, yard is partially fenced. Current tenants at $1100 & $1150.

Last Agent to Sell the Property

Kelly Fischer

EXP Realty, LLC License #3063437 Listed on: 05/23/2022

EXP Realty, LLC

Last Buyer's Agent

Susan Baran

EXP Realty, LLC License #3410745

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,196

Year Built

  • Built in 1972

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 40x128
  • Fenced
  • Wooded Lot
  • Many Trees

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry in Garage

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, trash collection, water
  • Tax Lot 12
  • Assessor Parcel Number 33391000002001000012.1

Community Details

Overview

  • Vantrician Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $109
  • Maintenance Expense $1,000
  • Operating Expense $4,841
  • Gross Income $20,350
  • Net Operating Income $15,509

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,196

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Lot Size: 40x128
  • Road Surface Type: Paved
  • Subdivision Name: Vantrician
  • Directions: From 16th St, go south on 41st Av to duplex on right side
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1972
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Residential
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Living/Dining Room
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Moderate Trees, < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Exterior Features: Fence
  • Roof: Metal

Garage/Parking

  • Parking Features: Assigned
  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: In Garage
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deck/Porch, None
  • Association Name: NA

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Current Use: Residential
  • Parcel #: 33391000002001000012.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Trash Collection, Water

Multi Family

  • Annual Gross Income: 20350.0
  • Insurance Expense: 109.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 15509.0
  • Annual Operating Expense: 4841.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 1196.0
  • Tax Lot: 12
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2025
Sold by
Wadhwani Navin L
Bought by
1515-1517 41St Trust and Wadhwani
Current Estimated Value
$274,428

Purchase Details

Listed on
May 23, 2022
Closed on
Jun 10, 2022
Sold by
Argenio Holdings Llc
Bought by
Wadhwani Navin L
Seller's Agent
Kelly Fischer
EXP Realty, LLC
Buyer's Agent
Susan Baran
EXP Realty, LLC
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.83%

Purchase Details

Listed on
Oct 9, 2016
Closed on
Nov 16, 2016
Sold by
Starckx Michael D
Bought by
Argenio Holdings Llc
Seller's Agent
Steve Rennick
Rennick Real Estate
Buyer's Agent
Steve Rennick
Rennick Real Estate
List Price
$147,500
Sold Price
$140,000
Premium/Discount to List
-$7,500
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.06%

Purchase Details

Closed on
Mar 18, 2002
Sold by
Terry Richard C and Terry Tamara L
Bought by
Brooks Harold L and Brooks Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,125
Interest Rate
6.86%
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
1515-1517 41St Trust -- None Listed On Document
Wadhwani Navin L $350,000 Glenn B Grevengoed Pa
Argenio Holdings Llc $140,000 Oceanside Title & Escrow Inc
Brooks Harold L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Harold L $844,125
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2022 05/23/22 Sold $350,000 0.0% $347 / Sq Ft
05/23/2022 05/23/22 For Sale $350,000 0.0% $347 / Sq Ft
05/09/2020 05/09/20 For Rent $995 0.0% --
05/09/2020 05/09/20 Rented $995 +4.7% --
02/28/2018 02/28/18 Rented $950 0.0% --
01/29/2018 01/29/18 Under Contract -- -- --
01/05/2018 01/05/18 For Rent $950 0.0% --
11/17/2016 11/17/16 Sold $140,000 -5.1% $66 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Pending -- -- --
10/09/2016 10/09/16 For Sale $147,500 -- $69 / 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 $1,420 $82,874 $15,232 $67,642
2023 $1,420 $80,101 $15,232 $64,869
2022 $1,241 $68,645 $15,232 $53,413
2021 $1,196 $65,523 $15,232 $50,291
2020 $1,109 $60,388 $15,232 $45,156
2019 $1,046 $55,516 $15,232 $40,284
2018 $965 $49,200 $15,232 $33,968
2017 $941 $47,443 $0 $0
2016 $857 $43,350 $0 $0
2015 $802 $38,120 $0 $0
2014 $711 $35,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 254624

APN: 33-39-10-00002-0010-00012.1