NOT LISTED FOR SALE

1975 Magnolia Ln Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $411,000 - $1,011,000

3 Beds
3 Baths
2,347 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 28, 2024

Last sale price $882,735 $376 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $4,707/month

281 Days on Market

Highlights

  • New Construction
  • Attic
  • Walk-In Closet
  • Beachland Elementary School Rated A-
  • High Ceiling
  • Patio

About This Home

As of February 2024

Lovely Boutique Community of 6 homes only just minutes from Orchard Island, a short walk to the beach. Close to Golden Sands Beach, Sebastian Inlet and Wabasso Beach as well. Great shopping, dining and so much more. A must have location. A GHO Home upgraded throughout with plank flooring, Island Elevation, stainless steel appliances, 8' doors, impact windows , SS Appliance Gourmet & Super Kitchen Packages, 8x40 Tile floors thoughout sized to resemble wood in warm grey beach tones throughout home.

Last Agent to Sell the Property

Jeffrey Germano

The GHO Homes Agency LLC License #3527470 Listed on: 03/25/2023

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,918

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,405 Sq Ft Lot
  • Sprinkler System
  • Property is zoned RS-6

HOA Fees

  • $219 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 2,347 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Family Room
  • Ceramic Tile Flooring
  • Pull Down Stairs to Attic

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31392300029000000003.0

Community Details

Overview

  • Built by GHO Homes
  • Sommers Place Residential Subdivision, Allura3 Floorplan

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,918

Year Built

Built in 2024 | New Construction

Lot Details

0

HOA Fees

$219 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From the Main Land take the Wabasso Bridge to A1A and head North to Magnolia Lane on West side of A1A. Look for signs
  • Year Built: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, High Ceilings, Pantry, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Other
  • Living Area: 2347.0
  • Dining Room Type: Attic, Family Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Builder Name: GHO Homes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 219.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31392300029000000003.0
  • Lot Size: 58.0 ft x 110.0 ft
  • Lot Size Sq Ft: 7405.0
  • Zoning Description: RS-6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1918.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2023
Closed on
Feb 28, 2024
Sold by
Grbk Gho Properties Llc
Bought by
Hopeed Llc
Seller's Agent
Jeffrey Germano
The GHO Homes Agency LLC
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$896,711
Sold Price
$882,735
Premium/Discount to List
-$13,976
-1.56%
Views
142
Current Estimated Value
$800,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$81,966
Avg. Annual Appreciation
-6.28%

Purchase Details

Listed on
Mar 31, 2020
Closed on
Mar 30, 2021
Sold by
Sommers Development Group Llc
Bought by
Grbk Gho Properties Llc
Seller's Agent
Dustin Haynes
Coldwell Banker Paradise
Buyer's Agent
Dustin Haynes
Coldwell Banker Paradise
List Price
$189,000
Sold Price
$160,000
Premium/Discount to List
-$29,000
-15.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
79.48%
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 Buyer Sale Price Title Company
Hopeed Llc $882,800 Supreme Title Solutions
Grbk Gho Properties Llc $160,000 Supreme Title Solutions Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $882,735 -2.8% $376 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
07/24/2023 07/24/23 Price Changed $907,950 +1.3% $387 / Sq Ft
03/27/2023 03/27/23 For Sale $896,711 +460.4% $382 / Sq Ft
03/30/2021 03/30/21 Sold $160,000 -15.3% --
02/28/2021 02/28/21 Pending -- -- --
03/31/2020 03/31/20 For Sale $189,000 -- --
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 $1,908 $170,000 $170,000 --
2023 $1,908 $136,000 $136,000 $0
2022 $1,918 $136,000 $136,000 $0
2021 $1,844 $126,225 $126,225 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jeffrey Germano

    The GHO Homes Agency LLC

    (772) 257-1100

    17 in this area

    304 Total Sales

    Jeffrey Germano
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • Dustin Haynes

    Seller's Agent in 2021

    Dustin Haynes

    Coldwell Banker Paradise

    (772) 205-1931

    10 in this area

    89 Total Sales

    Dustin Haynes
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Clare Sommers

    Coldwell Banker Paradise

    (772) 633-5298

    4 in this area

    9 Total Sales

    Clare Sommers
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10876682

BeachesMLS

APN: 31-39-23-00029-0000-00003.0

Florida Indian River County Vero Beach 32963 Wabasso Beach

1975 Magnolia Ln, Vero Beach, FL

This home is located at 1975 Magnolia Ln, Vero Beach, FL 32963 since 25 March 2023 and is currently estimated at $800,769, approximately $341 per square foot. This property was built in 2024. 1975 Magnolia Ln is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River 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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