NOT LISTED FOR SALE

Estimated Value: $499,000 - $646,000

4 Beds
3 Baths
2,417 Sq Ft
$240/Sq Ft Est. Value

Last Sold April 25, 2013

Last sale price $228,200 $94 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $3,399/month

81 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Gated Community
  • Vero Beach High School Rated A-
  • Outdoor Pool
  • Clubhouse

About This Home

As of April 2013

Falcon Trace, Vero Beach, FL! Lakeside mediterranean CBS home that features 4 bedrooms, 3 baths, 3 car garage, tile floors, custom cabinets with granite counters, split & bright floor plan with a large covered porch, located on a cul-de-sac! This is a Fannie Mae Home Path property and may be purchased for as little as 3% down. (4 day owner occupant + 15 day investor restriction applies.)

Last Agent to Sell the Property

Christina Ripple

Billero & Billero Properties License #3138877 Listed on: 01/04/2013

Last Buyer's Agent

Virginia Heeter

Coldwell Banker Paradise License #3218081

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 46x160
  • Home fronts a pond
  • Lake Front
  • North Facing Home

Parking

  • 3 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1-Story Property
  • High Ceiling
  • Lake Views
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 227
  • Assessor Parcel Number 33393500003000000227.0

Community Details

Overview

  • Association fees include common areas, recreation facilities, security
  • Falcon Trace Subdivision

Recreation

  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,858

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 46x160
  • Ownership: Single Family/Other
  • Subdivision Name: FALCON TRACE
  • Directions: From SR60 - South on 27th Ave - East on 21st St SW to Falcon Trace gate.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2006
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-0001
  • Special Features: 20
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Stories: 1
  • Window Features: None, Single Hung

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Community, Pool
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated Community
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Playground, Pool
  • Association Fee: 1956.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities, Security

Lot Info

  • Parcel #: 33393500003000000227.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: 227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2013
Closed on
Apr 25, 2013
Sold by
Federal National Mortgage Association
Bought by
Menjivar Sharon A and Menjivar Ivan
Seller's Agent
Christina Ripple
Billero & Billero Properties
Buyer's Agent
Virginia Heeter
Coldwell Banker Paradise
List Price
$233,900
Sold Price
$228,200
Premium/Discount to List
-$5,700
-2.44%
Current Estimated Value
$580,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$352,184
Avg. Annual Appreciation
8.01%
Original Mortgage
$182,560
Outstanding Balance
$131,329
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$463,190

Purchase Details

Closed on
Dec 27, 2012
Sold by
Abdellatif Mamoun
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 12, 2006
Sold by
Indian River Associates Ii Lllp
Bought by
Abdellatif Mamoun and Abdellatif Maha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,750
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
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
Menjivar Sharon A $228,200 Attorney
Federal National Mortgage Association -- None Available
Abdellatif Mamoun $456,000 Nova Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menjivar Sharon A $182,560
Previous Owner Abdellatif Mamoun $364,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2013 04/25/13 Sold $228,200 -2.4% $94 / Sq Ft
03/26/2013 03/26/13 Pending -- -- --
01/04/2013 01/04/13 For Sale $233,900 -- $97 / 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 $3,858 $322,339 -- --
2023 $3,858 $304,131 $0 $0
2022 $3,759 $295,272 $0 $0
2021 $3,752 $286,671 $0 $0
2020 $3,740 $282,713 $0 $0
2019 $3,749 $276,357 $0 $0
2018 $3,718 $271,204 $38,250 $232,954
2017 $3,423 $248,725 $0 $0
2016 $3,692 $229,980 $0 $0
2015 $3,508 $208,680 $0 $0
2014 $3,079 $182,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 136038

APN: 33-39-35-00003-0000-00227.0