NOT LISTED FOR SALE

1525 56th Square W Vero Beach, FL 32966

Estimated Value: $532,000 - $569,000

4 Beds
2 Baths
2,512 Sq Ft
$220/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $559,000 $223 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,443/month

62 Days on Market

Highlights

  • Free Form Pool
  • 0.58 Acre Lot
  • High Ceiling
  • Vero Beach High School Rated A-
  • Roman Tub
  • Pool View

About This Home

As of October 2023

This house! This neighborhood! Absolutely beautiful pool home with fantastically updated kitchen and bathrooms. Large screened tropical pool area with covered porch and room for outside dining. This is an extraordinary home and has been well taken care of. Community centered around serene lake with benches to rest on. Also has a tennis court for the athletically inclined. This is a one way in, one way out subdivision, so no traffic - very quiet.

Last Agent to Sell the Property

Phyllis Horner

Tropic Shores Real Estate LLC Brokerage Phone: 772-257-5774 License #0620612 Listed on: 08/17/2023

Last Buyer's Agent

Vance Brinkerhoff

Coldwell Banker Paradise License #0686238

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,462

Year Built

  • Built in 1989

Lot Details

  • 0.58 Acre Lot
  • Lot Dimensions are 125x203
  • East Facing Home
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,512 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • French Doors
  • Sliding Doors
  • Pool Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Free Form Pool
  • Outdoor Pool
  • Screen Enclosure

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 33390900021000000007.0

Community Details

Overview

  • Association fees include common areas, insurance, recreation facilities
  • Kingswood Estates HOA
  • Kingswood Estates Subdivision
  • Handicap Modified Features In Community

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,462

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Lot Size: 125x203
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Kingswood Estates
  • Directions: 16th St. West almost to 58th Ave - last neighborhood on the South side. At entrance, go right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1989
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-257-5774
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Kitchen Island, Master Downstairs, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2512.0
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot, Few Trees
  • Pool Features: Free Form, Other, Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Sprinkler/Irrigation, Porch, Rain Gutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Handicap Access, Sidewalks, Tennis Court(s), Gutter(s)
  • Association Fee: 84.0
  • Association Name: Kingswood Estates HOA
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Recreation Facilities

Lot Info

  • Parcel #: 33390900021000000007.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5462.0
  • Tax Lot: 7
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2023
Closed on
Oct 19, 2023
Sold by
Luksch George and Luksch Kathy
Bought by
Schwanitz Jurgen Hans and Huynh Dat Thi
Seller's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
Buyer's Agent
Vance Brinkerhoff
Coldwell Banker Paradise
List Price
$599,900
Sold Price
$559,000
Premium/Discount to List
-$40,900
-6.82%
Views
119
Current Estimated Value
$552,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,534
Avg. Annual Appreciation
-0.59%
Original Mortgage
$447,200
Outstanding Balance
$438,406
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$114,060

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 19, 2020
Sold by
Horner Beckett C and Bandier Mark
Bought by
Luksch George and Luksch Kathy
Seller's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
Buyer's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
List Price
$349,900
Sold Price
$293,000
Premium/Discount to List
-$56,900
-16.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 18, 2020
Sold by
Bandler Emily
Bought by
Luksch George and Luksch Kathy
Seller's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
Buyer's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
List Price
$349,900
Sold Price
$293,000
Premium/Discount to List
-$56,900
-16.26%

Purchase Details

Listed on
Oct 28, 2019
Closed on
Mar 17, 2020
Sold by
Bandier Mark
Bought by
Luksch George and Luksch Kathy
Seller's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
Buyer's Agent
Phyllis Horner
Tropic Shores Real Estate LLC
List Price
$349,900
Sold Price
$293,000
Premium/Discount to List
-$56,900
-16.26%
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
Schwanitz Jurgen Hans $559,000 None Listed On Document
Luksch George $293,000 Attorney
Luksch George -- None Available
Luksch George -- None Available
Luksch George -- None Available
Luksch George -- None Available
Luksch George -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwanitz Jurgen Hans $447,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/19/2023 10/19/23 Sold $559,000 -6.8% $223 / Sq Ft
08/17/2023 08/17/23 For Sale $599,900 +104.7% $239 / Sq Ft
04/30/2020 04/30/20 Sold $293,000 -16.3% $117 / Sq Ft View Prior Sale
03/31/2020 03/31/20 Pending -- -- --
10/28/2019 10/28/19 For Sale $349,900 -- $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 $6,039 $438,115 $61,387 $376,728
2023 $6,039 $389,786 $0 $0
2022 $5,462 $408,324 $61,387 $346,937
2021 $4,838 $322,137 $58,318 $263,819
2020 $4,905 $322,471 $58,318 $264,153
2019 $3,032 $229,243 $0 $0
2018 $3,004 $224,969 $0 $0
2017 $2,977 $220,342 $0 $0
2016 $2,938 $215,810 $0 $0
2015 $3,042 $214,310 $0 $0
2014 $2,956 $212,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 270771

APN: 33-39-09-00021-0000-00007.0