NOT LISTED FOR SALE

2505 1st St Vero Beach, FL 32962

Vero Beach South Neighborhood

Estimated Value: $306,116

3.5 Acres
$87,462 Price per Acre
152,460 Sq Ft Lot

Last Sold September 13, 2021

Last sale price $245,000

Est. 25% increase in value since last sale

Current estimated payment $1,955/month

266 Days on Market

Highlights

  • Horses Allowed On Property
  • 3.5 Acre Lot
  • Views
  • Vero Beach High School Rated A-

About This Lot

As of September 2021

3.54 acres in the heart of Vero Beach, cleared and filled. Many improvements include electric, on county water, millings, zoned RS6. Underground power w/ water and meter, all fees paid. HORSES ALLOWED WITH APPROVAL NO HOA! Unique parcel; don't miss this great opportunity! Easy access off 27th Ave.

Last Agent to Sell the Property

Laurie Blakelock

Keller Williams Realty of VB License #0707466 Listed on: 11/20/2020

Keller Williams Realty of VB

Last Buyer's Agent

Laurie Blakelock

Keller Williams Realty of VB License #0707466 Listed on: 11/20/2020

Keller Williams Realty of VB

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,070

Lot Details

  • 3.5

Utilities

  • Not Connected to Water Source
  • Cable TV Available

Additional Features

  • 3.5 Acre Lot
  • Horses Allowed On Property
  • Property Views

Community Details

  • Malaluka Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33391400001013000004.0

Property Details

Property Type

Land

Est. Annual Taxes

$2,070

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Horses: Yes
  • Lot Size Acres: 3.5
  • Subdivision Name: Malaluka Gardens
  • Directions: 27th Ave South to 1st Street, east to property
  • Attribution Contact: 772-257-8000
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: 3-5 Acres, Split Possible, Acreage
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Cable Available
  • Water Source: Not Connected, Public

Condo/Co-op/Association

  • Community Features: Storm Drain(s)
  • Association Name: NA

Lot Info

  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 154426.0
  • Number Of Lots: 1
  • Parcel #: 33391400001013000004.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2070.0
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Sep 15, 2021
Sold by
Kempf Dennis and Kempf Irene R
Bought by
Surprenant Yves G and Lazo Hilda
Seller's Agent
Laurie Blakelock
Keller Williams Realty of VB
Buyer's Agent
Laurie Blakelock
Keller Williams Realty of VB
List Price
$275,000
Sold Price
$245,000
Premium/Discount to List
-$30,000
-10.91%
Current Estimated Value
$306,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,116
Avg. Annual Appreciation
6.62%

Purchase Details

Listed on
Aug 10, 2017
Closed on
Sep 6, 2017
Sold by
Santacroce Anthony and Santacroce Cynthia
Bought by
Kempf Dennis J and Kempf Irene R
Seller's Agent
Ralph Santoro
Billero & Billero Properties
Buyer's Agent
Rebecca Durando
RE/MAX Crown Realty VB
List Price
$119,900
Sold Price
$115,000
Premium/Discount to List
-$4,900
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.31%

Purchase Details

Listed on
Feb 11, 2016
Closed on
Sep 28, 2016
Sold by
City First Mortgage Corp
Bought by
Santacroce Anthony and Santacroce Cynthia
Buyer's Agent
Ralph Santoro
Billero & Billero Properties
List Price
$164,900
Sold Price
$130,000
Premium/Discount to List
-$34,900
-21.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.14%

Purchase Details

Closed on
May 15, 2009
Sold by
Indian River County Habitat For Humanity
Bought by
City First Mortgage Corp

Purchase Details

Closed on
Jan 6, 2004
Sold by
Berky Dev Corp
Bought by
P M B C Homes Falcon Trace and Landhigh Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.03%

Purchase Details

Closed on
Aug 15, 2003
Sold by
Eddy Lucinda W
Bought by
Berky Dev Corp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Surprenant Yves G $245,000 Majesty Title Services
Kempf Dennis J $115,000 Atlantic Coastal Land Title
Santacroce Anthony $130,000 Attorney
City First Mortgage Corp $399,000 Attorney
P M B C Homes Falcon Trace $1,175,000 --
Berky Dev Corp -- --
Berky Dev Corp $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner P M B C Homes Falcon Trace $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $245,000 -10.9% --
08/14/2021 08/14/21 Pending -- -- --
11/20/2020 11/20/20 For Sale $275,000 +139.1% --
08/10/2017 08/10/17 Sold $115,000 -4.1% $1 / Sq Ft
08/10/2017 08/10/17 For Sale $119,900 -7.8% $1 / Sq Ft
09/28/2016 09/28/16 Sold $130,000 -21.2% --
08/29/2016 08/29/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $164,900 -- --
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 $3,449 $241,383 $225,675 $15,708
2023 $3,449 $241,547 $225,675 $15,872
2022 $3,308 $229,722 $215,144 $14,578
2021 $2,346 $162,088 $150,450 $11,638
2020 $2,132 $141,143 $129,387 $11,756
2019 $2,070 $138,644 $129,387 $9,257
2018 $1,699 $105,315 $105,315 $0
2017 $1,491 $90,270 $0 $0
2016 $2,532 $150,450 $0 $0
2015 $2,637 $150,450 $0 $0
2014 $2,452 $141,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Laurie Blakelock

    Keller Williams Realty of VB

    (772) 532-2706

    3 in this area

    21 Total Sales

    Laurie Blakelock
    Section Image
  • Ralph Santoro

    Seller's Agent in 2017

    Ralph Santoro

    Billero & Billero Properties

    (772) 633-6900

    13 in this area

    82 Total Sales

    Ralph Santoro
    Section Image
  • Rebecca Durando

    Buyer's Agent in 2017

    Rebecca Durando

    RE/MAX

    (772) 532-9662

    23 in this area

    83 Total Sales

    Rebecca Durando
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 238765

APN: 33-39-14-00001-0130-00004.0

Florida Indian River County Vero Beach 32962 Vero Beach South

2505 1st St, Vero Beach, FL

This home is located at 2505 1st St, Vero Beach, FL 32962 since 20 November 2020 and is currently priced at $306,116. 2505 1st St is a home located in Indian River County with nearby schools including Citrus Elementary School, Oslo Middle School, and Vero Beach High School.

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