NOT LISTED FOR SALE

Estimated Value: $255,000 - $280,000

3 Beds
2 Baths
1,480 Sq Ft
2004 Built

Last Sold March 13, 2020

Last sale price $160,000 $108 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,660/month

105 Days on Market

Highlights

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

About This Home

As of March 2020

Lake view ground floor 3 bedroom condo in well appointed Palm Estates. Newly painted, new carpet, new refrigerator. Screened porch offers lovely lake view. Two car garage. Community clubhouse with exercise room and pool. Gated and close to mall and restaurants. Measurements approx and subject to error.

Co-Listed By

Dorothy Hudson

Alex MacWilliam, Inc. License #3097485

Alex MacWilliam, Inc.

Last Buyer's Agent

Clifford Norris

Cliff Norris Real Estate License #0685596

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 2004

Lot Details

  • Home fronts a pond
  • Lake Front
  • Home fronts navigable water
  • North Facing Home

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Lake Views
  • Laundry in unit

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Home Security

Outdoor Features

  • Outdoor Pool
  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 33390400035010002488.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, roof, sewer, trash, water
  • Palm Estates Subdivision

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,113

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Co List Office Mls Id: 0013
  • Co List Office Phone: 772-231-6509
  • Ownership: Condo
  • Subdivision Name: Palm Estates
  • Directions: Palm estates main entrance is off 58th avenue just south of 26th St. Use north entrance and proceed to building 10.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 2004
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-6509
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, Walk-In Closet(s)
  • Living Area: 1480.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Navigable Water, Pond
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Enclosed Porch, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: 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, Fitness, Library, Gutter(s), Pool
  • Association Fee: 442.0
  • Pets Allowed: Yes, Breed Restrictions, Number Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 33390400035010002488.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2113.0
  • Tax Lot: N/A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2019
Closed on
Feb 28, 2020
Sold by
Vcp Inc
Bought by
Howard Gerald Len and Howard Jan
Buyer's Agent
Clifford Norris
Cliff Norris Real Estate
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Total Days on Market
105
Current Estimated Value
$266,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,562
Avg. Annual Appreciation
10.82%
Original Mortgage
$128,000
Outstanding Balance
$115,051
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$159,327

Purchase Details

Listed on
Jul 17, 2012
Closed on
Oct 9, 2012
Sold by
United Asset Holdings Residential Llc
Bought by
Vcp Inc
Seller's Agent
Jim Goldsmith
Dale Sorensen Real Estate Inc.
List Price
$85,000
Sold Price
$77,000
Premium/Discount to List
-$8,000
-9.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%

Purchase Details

Closed on
Aug 8, 2012
Sold by
2488 Llc
Bought by
1St United Bank

Purchase Details

Closed on
Jul 3, 2012
Sold by
1St United Bank
Bought by
United Asset Holdings Residential Llc

Purchase Details

Closed on
Jun 22, 2012
Sold by
2488 Llc
Bought by
1St United Bank

Purchase Details

Closed on
Jan 14, 2008
Sold by
Palm Estates At Vero Beach Llc
Bought by
2488 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,061
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Howard Gerald Len $160,000 Oceanside Title & Escrow Inc
Vcp Inc $77,000 Attorney
United Asset Holding Residential Llc -- Attorney
1St United Bank -- None Available
United Asset Holdings Residential Llc -- Attorney
1St United Bank -- None Available
2488 Llc $265,200 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Gerald Len $128,000
Previous Owner 2488 Llc $159,061
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $160,000 -8.6% $108 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
10/29/2019 10/29/19 For Sale $175,000 0.0% $118 / Sq Ft
07/21/2015 07/21/15 For Rent $1,150 0.0% --
07/21/2015 07/21/15 Rented $1,150 0.0% --
10/10/2012 10/10/12 Sold $77,000 -9.4% $52 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $85,000 -- $57 / 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 $2,039 $188,420 -- --
2023 $2,039 $177,777 $0 $0
2022 $1,980 $172,599 $0 $0
2021 $1,967 $167,572 $0 $167,572
2020 $2,251 $162,691 $0 $162,691
2019 $2,209 $162,691 $0 $162,691
2018 $2,113 $157,952 $0 $157,952
2017 $1,968 $144,578 $0 $0
2016 $1,781 $125,720 $0 $0
2015 $1,458 $83,810 $0 $0
2014 $1,300 $76,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 226676

APN: 33-39-04-00035-0100-02488.0