NOT LISTED FOR SALE

2503 12th Square SW Vero Beach, FL 32968

Estimated Value: $366,000 - $448,000

4 Beds
2.5 Baths
2,876 Sq Ft
$136/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $300,000 $104 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,443/month

Highlights

  • Heated Pool
  • Gated Community
  • Community Basketball Court
  • Vero Beach High School Rated A-
  • Roman Tub
  • 2 Car Attached Garage

About This Home

As of July 2021

SPREAD OUT in this spacious home with 4 large bedrooms, 3 living areas plus a loft, big kitchen and huge screened-in porch. Centrally located, a short drive to beaches, shopping and restaurants. Low HOA that covers so much: individual lawn care, heated community swimming pool, playground, basketball court and a secure gate. A great home with room to roam!

Last Agent to Sell the Property

Kathy Nystrom

Rennick Real Estate License #3144072 Listed on: 05/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,089

Year Built

  • Built in 2005

Lot Details

  • 3,485

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,876 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Casement Windows
  • Sliding Doors
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level

Pool

  • Heated Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Screened Patio
  • East Facing Home

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 33392600012000000002.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, reserve fund, security
  • Ar Choice Association
  • Majestic Oaks Subdivision

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,089

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 3485 sq ft
  • Ownership: Single Family/Other
  • Subdivision Name: Majestic Oaks
  • Directions: 27th Ave to Majestic Oaks. Left through gate, left after gate, home on left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2005
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4880
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, Pantry, Walk-In Closet(s)
  • Living Area: 2876.0
  • Stories: 2
  • Window Features: Blinds, Casement Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Lower Level, Laundry Room
  • 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: Basketball Court, Other, Playground, Sidewalks, Pool
  • Association Fee: 140.0
  • Association Name: AR Choice
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Lot Info

  • Parcel #: 33392600012000000002.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3089.0
  • Tax Lot: 2
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Jul 19, 2021
Sold by
Mn Oak Llc
Bought by
Picarelli Frances and Picarelli Judith
Seller's Agent
Kathy Nystrom
Rennick Real Estate
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Current Estimated Value
$390,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,346
Avg. Annual Appreciation
6.42%
Original Mortgage
$294,566
Outstanding Balance
$267,518
Interest Rate
2.96%
Mortgage Type
FHA
Estimated Equity
$122,828

Purchase Details

Closed on
Aug 31, 2005
Sold by
Maronda Homes Inc Of Florida
Bought by
Mn Oak Llc
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
Picarelli Frances $300,000 First American Title Ins Co
Mn Oak Llc $221,900 Adams Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Picarelli Frances $294,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $300,000 -4.8% $104 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
05/27/2021 05/27/21 For Sale $315,000 0.0% $110 / Sq Ft
10/01/2013 10/01/13 Rented $1,200 0.0% --
09/01/2013 09/01/13 Under Contract -- -- --
08/28/2013 08/28/13 For Rent $1,200 -- --
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 $4,477 $369,433 -- --
2023 $4,477 $348,564 $0 $0
2022 $4,364 $338,412 $25,500 $312,912
2021 $3,335 $218,739 $8,500 $210,239
2020 $3,089 $199,473 $8,500 $190,973
2019 $2,978 $186,513 $8,500 $178,013
2018 $3,059 $189,536 $8,500 $181,036
2017 $2,980 $181,776 $0 $0
2016 $2,808 $169,280 $0 $0
2015 $2,889 $171,010 $0 $0
2014 $2,527 $148,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 243947

APN: 33-39-26-00012-0000-00002.0