NOT LISTED FOR SALE

1576 Smugglers Cove Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $3,821,000 - $7,782,000

4 Beds
5 Baths
4,399 Sq Ft
$1,243/Sq Ft Est. Value

Last Sold July 16, 2012

Last sale price $3,050,000 $693 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $33,033/month

150 Days on Market

Highlights

  • Ocean Front
  • Private Pool
  • Sun or Florida Room
  • Beachland Elementary School Rated A-
  • Marble Flooring
  • Great Room

About This Home

As of July 2012

Classic oceanfront estate renovated in 2009. Detailed millwork, Saturnia marble flooring, two double sided full masonry fire places, step up formal living room, wide ocean views, new designer master bath, separate guest suite with full kitchen, new landscaping, state of the art security. All sizes approx and subject to error. (Furniture negotiable)

Last Agent to Sell the Property

Joseph Liguori

Premier Estate Properties Inc License #487849 Listed on: 01/17/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,295

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • West Facing Home
  • Property is zoned Rs-3

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Frame Construction

Interior Spaces

  • 4,399 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • French Doors
  • Great Room
  • Family Room
  • Den
  • Sun or Florida Room

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Marble
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Smugglers Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 334016000020000000180

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,295

Year Built

Built in 1980

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Vero Beach - South of 17th Street on A1A to Smugglers Cove
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other, Slate
  • Living Area: 4399.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, In-Law Suite
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: West

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 13.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 334016000020000000180
  • Zoning Description: Rs-3

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 28295.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2012
Closed on
Jul 16, 2012
Sold by
1576 Smugglers Cove Llc
Bought by
Lundquist Kathleen K
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
List Price
$3,750,000
Sold Price
$3,050,000
Premium/Discount to List
-$700,000
-18.67%
Current Estimated Value
$5,469,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,419,720
Avg. Annual Appreciation
4.78%
Original Mortgage
$2,000,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2011
Sold by
Emporia Llc
Bought by
1576 Smugglers Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
4.82%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2009
Sold by
Lombardi Victor A and Lombardi Andrea
Bought by
Emporia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Salvati Carl and Salvati Lisa M
Bought by
Lombardi Victor A and Lombardi Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,750
Interest Rate
6.24%

Purchase Details

Closed on
Jul 10, 2000
Sold by
Livingston John B
Bought by
Salvati Carl and Salvati Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.23%

Purchase Details

Closed on
Dec 28, 1998
Sold by
Livingston John B and Livingston Ruth E
Bought by
Livingston John B
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
Lundquist Kathleen K $3,050,000 Attorney
1576 Smugglers Cove Llc $3,600,000 Attorney
Emporia Llc $3,300,000 Attorney
Lombardi Victor A $2,106,300 --
Salvati Carl $990,000 --
Livingston John B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lundquist Kathleen K $1,500,000
Closed Lundquist Kathleen K $2,000,000
Previous Owner 1576 Smugglers Cove Llc $2,000,000
Previous Owner Emporia Llc $1,300,000
Previous Owner Lombardi Victor A $200,000
Previous Owner Lombardi Victor A $300,000
Previous Owner Lombardi Victor A $263,750
Previous Owner Salvati Carl $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2012 07/16/12 Sold $3,050,000 0.0% $693 / Sq Ft
07/16/2012 07/16/12 Sold $3,050,000 -18.7% $693 / Sq Ft
06/16/2012 06/16/12 Pending -- -- --
06/16/2012 06/16/12 Pending -- -- --
01/17/2012 01/17/12 For Sale $3,750,000 -6.1% $852 / Sq Ft
04/04/2011 04/04/11 For Sale $3,995,000 -- $908 / Sq Ft
Source: BeachesMLS

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 $38,615 $2,975,399 -- --
2023 $38,615 $2,807,324 $0 $0
2022 $37,819 $2,725,558 $0 $0
2021 $38,023 $2,646,172 $0 $0
2020 $38,059 $2,609,637 $0 $0
2019 $38,331 $2,550,965 $0 $0
2018 $38,127 $2,503,400 $0 $0
2017 $37,971 $2,451,910 $0 $0
2016 $37,535 $2,396,740 $0 $0
2015 $38,897 $2,380,080 $0 $0
2014 $38,072 $2,361,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joseph Liguori

    Seller's Agent in 2012

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    6 in this area

    133 Total Sales

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  • Cindy O'Dare

    Seller Co-Listing Agent in 2012

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    54 in this area

    242 Total Sales

    Section Image
  • Terry Thompson

    Buyer's Agent in 2012

    Terry Thompson

    Dale Sorensen Real Estate Inc.

    (772) 532-3006

    23 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R3252982

BeachesMLS

APN: 33-40-16-00002-0000-00018.0

Florida Indian River County Vero Beach 32963 South Beach

1576 Smugglers Cove, Vero Beach, FL

This home is located at 1576 Smugglers Cove, Vero Beach, FL 32963 since 17 January 2012 and is currently estimated at $5,469,720, approximately $1,243 per square foot. This property was built in 1980. 1576 Smugglers Cove is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford 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.

BeachesMLS 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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