$118,000
SOLD JUN 4, 2021

16 Vip Island Grant Valkaria, FL 32949

0.15 Acre
$786,667 Price per Acre
6,534 Sq Ft Lot

Recently Sold

16% Below List Price

252 Days on Market

About This Lot

As of June 2021

Awesome, semi-cleared property on VIP Island! This is your chance for a private island getaway! This lot is located on a private island, accessible by boat only, about 5 miles north of the Sebastian Inlet.

Last Agent to Sell the Property

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 09/10/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 09/10/2020

Dale Sorensen Real Estate Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,758

Lot Details

  • 6,534 Sq Ft Lot
  • 50 Feet of Waterfront
  • River Front

Schools

  • Sunrise Elementary School
  • Stone Middle School
  • Bayside High School

Community Details

  • V I P Vacation Island Playground Sec 1 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,758

Lot Details

0

Listing Details

  • Property Type: Land
  • Reso Property Sub Type: Unimproved Land
  • Water Body Name: Indian River
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: V I P Vacation Island Playground Sec 1
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 1757.51
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Water Frontage Feet: 50
  • General Property Information Number Of Lots2: 1.0
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.15
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Waterfront Features:River Front: Yes

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Number Of Lots: 1
  • Current Use: Residential
  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1757.51

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Aug 2, 2021
Sold by
Hanes John T and Hanes Anna B
Bought by
Barrs Matthew Ryan
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
List Price
$140,000
Sold Price
$118,000
Premium/Discount to List
-$22,000
-15.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.83%

Purchase Details

Listed on
Sep 10, 2020
Closed on
Jun 4, 2021
Sold by
Wyce Thomas A and Wyce Karen C
Bought by
Hanes John T and Hanes Ann B
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
List Price
$140,000
Sold Price
$118,000
Premium/Discount to List
-$22,000
-15.71%

Purchase Details

Closed on
Jul 28, 2003
Sold by
Fonseca Clara A
Bought by
Wyce Thomas A and Wyce Karyn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 7, 2002
Sold by
Marcelle June E
Bought by
Fonseca Clara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.52%

Purchase Details

Closed on
May 4, 1998
Sold by
Thomas Robert Michael and Thomas Mary K
Bought by
Marcelle June E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,238
Interest Rate
7.02%

Purchase Details

Closed on
Sep 6, 1996
Sold by
Mahaffey Keith A and Mahaffey Cynthia L
Bought by
Thomas Robert Michael and Thomas Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
8.17%

Purchase Details

Closed on
Nov 15, 1994
Sold by
Lehoullier Richard J and Lehoullier Dianne E
Bought by
Mahaffey Keith A and Mahaffey Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
8.84%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $118,000 Supreme Title Closings Llc
Warranty Deed $125,000 Security First Title Partner
Warranty Deed $110,000 --
Warranty Deed $45,000 --
Warranty Deed $40,000 --
Warranty Deed $43,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $530,400 New Conventional
Previous Owner $75,000 Seller Take Back
Previous Owner $50,000 No Value Available
Previous Owner $36,238 No Value Available
Previous Owner $36,000 No Value Available
Previous Owner $38,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2025 06/07/25 For Sale $1,100,000 +832.2% $541 / Sq Ft
06/04/2021 06/04/21 Sold $118,000 -5.6% --
05/21/2021 05/21/21 Pending -- -- --
11/09/2020 11/09/20 Price Changed $125,000 -10.7% --
09/10/2020 09/10/20 For Sale $140,000 -- --
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
2023 $2,286 $175,750 $175,750 $0
2022 $1,460 $114,000 $0 $0
2021 $1,532 $110,000 $110,000 $0
2020 $1,570 $110,000 $110,000 $0
2019 $1,758 $120,000 $120,000 $0
2018 $1,996 $135,000 $135,000 $0
2017 $1,868 $30,000 $0 $0
2016 $1,895 $120,000 $120,000 $0
2015 $1,799 $110,000 $110,000 $0
2014 $1,732 $110,000 $110,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 885014

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-27-50-0000B.0-0016.00