NOT LISTED FOR SALE

1540 Pelican Ln Vero Beach, FL 32963

Estimated Value: $833,571 - $1,156,000

3 Beds
2 Baths
1,488 Sq Ft
$636/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $492,500 $331 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,454/month

250 Days on Market

Highlights

  • Beach Access
  • Vaulted Ceiling
  • Attic
  • Beachland Elementary School Rated A-
  • Garden View
  • Furnished

About This Home

As of October 2018

This beachy cottage is situated on one of the most quiet and tranquil tropical settings remaining in South Beach. It is just steps away from the ocean and is bordered by a 5 acre private estate. A sandy shell lane with Oak canopy leads to this remodeled cottage and all that island life has to offer. A true must see!

Last Agent to Sell the Property

Larry Seagrist

Atlantic Shores ERA Powered License #3084484 Listed on: 01/15/2018

Atlantic Shores ERA Powered

Last Buyer's Agent

Larry Seagrist

Atlantic Shores ERA Powered License #3084484 Listed on: 01/15/2018

Atlantic Shores ERA Powered

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,014

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 100x135
  • South Facing Home
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • Double Hung Windows
  • Blinds
  • French Doors
  • Tile Flooring
  • Garden Views
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Screened Patio

Utilities

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

Community Details

  • Pelican Cove Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 33401600000002000004.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,014

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 100x135
  • Ownership: Single Family/Other
  • Subdivision Name: Pelican Cove
  • Directions: 17th St. bridge, A1A south 1 mile to Pelican Ln, East on Pelican Ln to house on left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1971
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-8480
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Attic, High Ceilings, Kitchen Island, Pantry, Pull Down Attic Stairs, Vaulted Ceiling(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Double Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • Pool Features: None
  • View: Garden
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Outdoor Shower
  • Patio And Porch Features: Patio, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 12.5
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 33401600000002000004.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5014.0
  • Tax Lot: 2
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2018
Closed on
Sep 23, 2018
Sold by
Tierney Michael Edward
Bought by
Morris Patrick and Morris Patricia
Seller's Agent
Larry Seagrist
Atlantic Shores ERA Powered
Buyer's Agent
Larry Seagrist
Atlantic Shores ERA Powered
List Price
$589,000
Sold Price
$492,500
Premium/Discount to List
-$96,500
-16.38%
Current Estimated Value
$945,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,393
Avg. Annual Appreciation
9.54%
Original Mortgage
$394,000
Outstanding Balance
$341,460
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$604,433

Purchase Details

Closed on
Oct 1, 2009
Sold by
Whitman Hollis and Whitman Norma
Bought by
Ellis Daniel

Purchase Details

Closed on
May 9, 2000
Sold by
Card Rita R and Card Rita Rosch
Bought by
Card Rita R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morris Patrick $492,500 Stewart Title Co
Ellis Daniel -- Attorney
Card Rita R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Patrick $394,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2018 10/23/18 Sold $492,500 -16.4% $331 / Sq Ft
09/23/2018 09/23/18 Pending -- -- --
01/15/2018 01/15/18 For Sale $589,000 +68.3% $396 / Sq Ft
07/15/2013 07/15/13 Sold $350,000 0.0% $235 / Sq Ft View Prior Sale
06/15/2013 06/15/13 Pending -- -- --
03/16/2013 03/16/13 For Sale $350,000 -- $235 / 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 $5,791 $426,132 -- --
2024 $5,200 $426,132 -- --
2023 $5,200 $402,060 $0 $0
2022 $4,573 $354,876 $0 $0
2021 $4,574 $344,540 $0 $0
2020 $4,563 $339,783 $0 $0
2019 $4,578 $332,143 $212,500 $119,643
2018 $5,161 $326,964 $212,500 $114,464
2017 $5,309 $333,583 $0 $0
2016 $5,014 $320,680 $0 $0
2015 $4,835 $300,050 $0 $0
2014 $4,129 $247,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Larry Seagrist

    Atlantic Shores ERA Powered

    1 in this area

    15 Total Sales

    Larry Seagrist
    Section Image
  • Vance Brinkerhoff

    Buyer's Agent in 2013

    Vance Brinkerhoff

    Coldwell Banker Paradise

    (972) 467-7718

    1 in this area

    279 Total Sales

    Vance Brinkerhoff
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 198866

APN: 33-40-16-00000-0020-00004.0

Florida Indian River County Vero Beach 32963

1540 Pelican Ln, Vero Beach, FL

Not Listed for Sale

Detached

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