NOT LISTED FOR SALE

1531 Lexington Square SW Vero Beach, FL 32962

Florida Ridge Neighborhood

Estimated Value: $375,187 - $412,000

3 Beds
2 Baths
1,768 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $280,000 $158 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,677/month

3 Days on Market

Highlights

  • Open Floorplan
  • Porch
  • Built-In Features
  • Vero Beach High School Rated A-
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2021

INCREDIBLE OPPORTUNITY! New Construction in 2016. Meticulously maintained and still in pristine MINT CONDITION. This beautiful 3-bedroom 2-bath home is located in the desirable Vero Beach gated community of Lexington Place. The home features upgrades galore- white porcelain tile, beautiful kitchen with a HUGE island, new cabinets, granite countertops, and like-new stainless steel appliances and fixtures. The open living room includes a built-in floating entertainment center that can hold up to an 84-inch TV and includes drawers for storage. There is a separate dining room and a large master bedroom with a walk-in closet and bathroom suite with double sinks, and a separate tub and shower. Outside you'll enjoy the large fully-fenced backyard with durable PVC fencing. Click See More ... The backyard looks over a preserve, so there are no neighbors in the back- just a beautiful view of the preserve. All windows have been upgraded to double-pane, and there are hurricane shutters installed on every window. There is also a tiled back patio and a large 2-car garage, all located in a fantastic family neighborhood. At Lexington Place the HOA dues are low and the association does all the lawn maintenance, landscaping, and irrigation while you relax! This opportunity will not last long. Check it out today!

Last Agent to Sell the Property

Christopher Martin

A1A Law & Real Estate PLLC License #3318155 Listed on: 01/28/2021

Last Buyer's Agent

Non-Member Non-Member Out Of Area

Non-MLS or Out of Area License #nonmls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,969

Year Built

  • Built in 2016

Lot Details

  • 7,405 Sq Ft Lot
  • Vinyl Fence

HOA Fees

  • $133 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Keystone Management Association, Phone Number (772) 569-7928
  • Maintained Community

Listing and Financial Details

  • Assessor Parcel Number 33392300019000000063.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,969

Year Built

Built in 2016

Lot Details

0

HOA Fees

$133 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Reso Property Sub Type: Single Family Residence
  • Reso Association Amenities: Maintenance Grounds, Management - Off Site
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: None
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Open Floorplan, Split Bedrooms, Walk-In Closet(s)
  • Flooring: Tile
  • Appliances: Dishwasher, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: None
  • Roof: Shingle
  • Fencing: Fenced, Vinyl
  • Acres: 0.17
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Patio And Porch Features: Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio and Porch Features:Porch: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 133.0
  • Association Fee Frequency: Monthly
  • Association Name: Keystone Management
  • Phone: 772-569-7928
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: Keystone Management
  • General Property Information:Association Fee: 133.0
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Dimensions: 54.0 ft x 135.0 ft
  • Lot Size Sq Ft: 7405.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 0130949
  • Parcel #: 33392300019000000063.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1969.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2021
Closed on
Mar 10, 2021
Sold by
Martin Brandon C
Bought by
Alvarez Alejandro and Maitland Jessica
Seller's Agent
Christopher Martin
A1A Law & Real Estate PLLC
Buyer's Agent
Non-Member Non-Member Out Of Area
Non-MLS or Out of Area
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Current Estimated Value
$390,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,547
Avg. Annual Appreciation
7.96%
Original Mortgage
$224,000
Outstanding Balance
$203,969
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$184,688

Purchase Details

Closed on
Jul 22, 2016
Sold by
D R Horton Inc
Bought by
Martin Brandon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,590
Interest Rate
3.75%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Alvarez Alejandro $280,000 Supreme Title Solutions Llc
Martin Brandon C $184,940 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Alejandro $224,000
Previous Owner Martin Brandon C $181,590
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $280,000 -3.1% $158 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/28/2021 01/28/21 For Sale $289,000 -- $163 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $4,414 $305,466 $38,250 $267,216
2023 $4,414 $302,051 $0 $0
2022 $4,021 $274,592 $38,250 $236,342
2021 $1,984 $165,037 $0 $0
2020 $1,969 $162,758 $0 $0
2019 $1,965 $159,099 $0 $0
2018 $1,942 $156,132 $0 $0
2017 $1,919 $152,921 $0 $0
2016 $261 $15,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christopher Martin

    Seller's Agent in 2021

    Christopher Martin

    A1A Law & Real Estate PLLC

    (321) 543-4374

    1 in this area

    41 Total Sales

    Christopher Martin
    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member Out Of Area

    Non-MLS or Out of Area

See All Agents

Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 895538

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 33-39-23-00019-0000-00063.0

Florida Indian River County Vero Beach 32962 Florida Ridge

1531 Lexington Square SW, Vero Beach, FL

This home is located at 1531 Lexington Square SW, Vero Beach, FL 32962 since 28 January 2021 and is currently estimated at $390,547, approximately $220 per square foot. This property was built in 2016. 1531 Lexington Square SW is a home located in Indian River County with nearby schools including Vero Beach Elementary School, Oslo Middle School, and Vero Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Space Coast MLS (Space Coast Association of REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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