NOT LISTED FOR SALE

1599 Gracewood Ln Vero Beach, FL 32963

South Beach Neighborhood

Estimated Value: $5,117,000 - $7,274,000

4 Beds
6 Baths
3,537 Sq Ft
$1,791/Sq Ft Est. Value

Last Sold June 04, 2020

Last sale price $3,948,000 $1,116 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $37,868/month

101 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • 0.96 Acre Lot
  • Beachland Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of June 2020

First time offered. Secluded oceanfront gem. Built to all Dade County hurricane standards, designed by Moulton Lane, and meticulously maintained. Panoramic views, infinity edge pool, detached guest house. Perfect family home or couples retreat. 4 beds, 4 baths, 2 half baths, all with exceptional details.

Last Agent to Sell the Property

Cindy O'Dare

One Sotheby's Int'l Realty License #0326961 Listed on: 01/24/2020

One Sotheby's Int'l Realty

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,202

Year Built

  • Built in 2005

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 140x300
  • Ocean Front
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof
  • Stucco

Interior Spaces

  • 3,537 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Blinds
  • French Doors
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Beach Access
  • Covered Patio or Porch

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 33401600000002000020.0

Community Details

Overview

  • Association fees include common areas
  • Gracewood Lane Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,202

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.96
  • Lot Size: 140X300
  • Ownership: Single Family/Other
  • Subdivision Name: Gracewood Lane
  • Directions: A1A South to Gracewood Lane
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 3
  • Year Built: 2005
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Wood
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 3537.0
  • Stories: 3
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation, Porch, Propane Tank - Owned, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, Upper Level
  • Security: Gated Community
  • Cooling: Electric, 2 Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 187.5
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 33401600000002000020.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18202.0
  • Tax Lot: 2
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2020
Closed on
Jun 4, 2020
Sold by
Kahle George Adolphus and Kahle Susan W
Bought by
Berriz Albert M and Berriz Paula
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$4,250,000
Sold Price
$3,948,000
Premium/Discount to List
-$302,000
-7.11%
Current Estimated Value
$6,333,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,385,497
Avg. Annual Appreciation
7.90%

Purchase Details

Closed on
Oct 24, 1999
Sold by
Kahle George A and Kahle Sandra R
Bought by
Kahle George Adolphus and Kahle Susan W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.76%
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
Berriz Albert M $3,948,000 Attorney
Kahle George Adolphus $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kahle George Adolphus $1,090,000
Previous Owner Kahle George Adolphus $300,000
Previous Owner Kahle George Adolphus $800,000
Previous Owner Kahle George Adolphus $500,000
Previous Owner Kahle George Adolphus $1,000,000
Previous Owner Kahle George Adolphus $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2020 06/04/20 Sold $3,948,000 -7.1% $1,116 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $4,250,000 -- $1,202 / 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 $49,491 $3,798,138 -- --
2023 $49,491 $3,583,588 $0 $0
2022 $48,397 $3,479,211 $0 $0
2021 $48,666 $3,377,875 $1,970,640 $1,407,235
2020 $18,185 $1,262,700 $0 $0
2019 $18,305 $1,234,311 $0 $0
2018 $18,202 $1,211,296 $0 $0
2017 $18,119 $1,186,382 $0 $0
2016 $17,941 $1,161,980 $0 $0
2015 $18,591 $1,153,910 $0 $0
2014 $18,185 $1,144,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy O'Dare

    Seller's Agent in 2020

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    54 in this area

    242 Total Sales

    Cindy O'Dare
    Section Image

  • N

    Buyer's Agent in 2020

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 229349

APN: 33-40-16-00000-0020-00020.0

Florida Indian River County Vero Beach 32963 South Beach

1599 Gracewood Ln, Vero Beach, FL

This home is located at 1599 Gracewood Ln, Vero Beach, FL 32963 since 24 January 2020 and is currently estimated at $6,333,497, approximately $1,790 per square foot. This property was built in 2005. 1599 Gracewood Ln is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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