NOT LISTED FOR SALE

1565 Covington Run Rd SW Citrus Ridge, FL 32968

Estimated Value: $297,000 - $912,000

4 Beds
3.5 Baths
2,409 Sq Ft
$283/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $899,000 $373 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $3,863/month

55 Days on Market

Highlights

  • New Construction
  • Pond View
  • Vaulted Ceiling
  • Vero Beach High School Rated A-
  • Open Floorplan
  • Ranch Style House

About This Home

As of April 2024

LUXE custom home on 5 acre estate built by Allen Rose Construction, located in desirable S Vero. Nicely appointed large kitchen with gas range, panel ready dishwasher, under counter microwave, wet bar, spacious pantry and leathered Quartzite counter tops for easy entertaining. Coffered ceiling and upgraded trim molding throughout adds a touch of class throughout the home. Owners suite is complete with large walk in closet with built ins. Dual vanities with roll in shower and stand alone tub. Fourth bedroom or home office....you choose.

Last Agent to Sell the Property

Wendy Wilson

LPT Realty, LLC License #3109189 Listed on: 01/17/2024

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,600

Lot Details

  • 4.68 Acre Lot
  • Property fronts a county road
  • South Facing Home
  • Cleared Lot

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • New Construction
  • Ranch Style House
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,409 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Vaulted Ceiling
  • Living Room
  • Pond Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 33392900004000000002.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,600

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Reso Property Sub Type: Single Family Residence
  • ResoLotFeatures: Cleared
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Reso View: Pond
  • Subdivision Name: None
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • New Construction: Yes
  • Location Tax and Legal Parcel Number2: 33392900004000000002.0
  • General Property Information Living Area2: 2409.0
  • General Property Information Lot Size Acres: 4.68
  • General Property Information Lot Size Square Feet2: 203860.8
  • General Property Information New Construction YN: Yes
  • General Property Information Direction Faces: South
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • General Property Information Community Fee(s) YN: No
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Water Source Well: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • Room Types Living Room: Yes
  • Utilities Sewer Available: Yes
  • Utilities Propane3: Yes
  • Flooring Stone: Yes
  • Room Types Bedroom 2 Level: Main
  • Room Types Bedroom 3 Level: Main
  • Room Types Bedroom 4 Level: Main
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information CDD Fee YN: No
  • General Property Information Estimated Completion Date: 2024-01-26
  • Architectural Style Ranch: Yes
  • Road Frontage Type County Road: Yes
  • Special Features: 4098
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen Island, Open Floorplan, Pantry, Primary Bathroom -Tub with Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Flooring: Stone, Tile
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • ResoLivingAreaSource: Builder
  • General Property Information Bathrooms Half: 1
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Wet Bar: Yes
  • Room Types Bedroom 1 Level: Main

Exterior Features

  • Pool Features: None
  • Roof: Metal
  • Acres: 4.68
  • Construction Type: Concrete, Stucco
  • Direction Faces: South
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Lot Features:Cleared: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Electricity Connected, Sewer Available, Propane
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 80.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 80.0
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 203860.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 33392900004000000002.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2024
Closed on
Apr 25, 2024
Sold by
Allen Rose Investments Llc
Bought by
Nicol Sean L and Nicol Tracy L
Seller's Agent
Wendy Wilson
LPT Realty, LLC
List Price
$1,099,999
Sold Price
$899,000
Premium/Discount to List
-$200,999
-18.27%
Views
37
Current Estimated Value
$681,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$217,581
Avg. Annual Appreciation
-16.77%
Original Mortgage
$674,250
Outstanding Balance
$663,905
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$17,514

Purchase Details

Closed on
Sep 9, 2022
Sold by
Vero Beach Ranches Llc
Bought by
Allen Rose Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
5.16%
Source: Public Records

Range of Values:

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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
Nicol Sean L $899,000 None Listed On Document
Nicol Sean L $899,000 None Listed On Document
Allen Rose Investments Llc $189,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicol Sean L $674,250
Closed Nicol Sean L $674,250
Previous Owner Allen Rose Investments Llc $159,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2024 04/25/24 Sold $899,000 0.0% $373 / Sq Ft
04/25/2024 04/25/24 Sold $899,000 -5.3% $373 / Sq Ft View Prior Sale
03/13/2024 03/13/24 Pending -- -- --
03/01/2024 03/01/24 Price Changed $949,000 0.0% $394 / Sq Ft
03/01/2024 03/01/24 Price Changed $949,000 -5.1% $394 / Sq Ft
02/15/2024 02/15/24 Price Changed $999,999 0.0% $415 / Sq Ft
02/13/2024 02/13/24 Price Changed $999,999 -9.1% $415 / Sq Ft
01/17/2024 01/17/24 For Sale $1,099,999 0.0% $457 / Sq Ft
01/06/2024 01/06/24 For Sale $1,099,999 -- $457 / 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 $2,600 $218,790 $218,790 --
2023 $2,600 $179,010 $179,010 $0
2022 $944 $59,670 $59,670 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Wilson

    Seller's Agent in 2024

    Wendy Wilson

    LPT Realty, LLC

    (772) 559-2160

    28 Total Sales

    Wendy Wilson
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS AGENT

    NON MLS

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Map

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

MLS Number: 1002310

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 33-39-29-00004-0000-00002.0

Florida Indian River County 32968

1565 Covington Run Rd SW, FL

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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