NOT LISTED FOR SALE

2580 Lagoon Ct Vero Beach, FL 32963

Estimated Value: $679,000 - $773,000

3.5 Acres
$206,157 Price per Acre
152,460 Sq Ft Lot

Last Sold August 06, 2021

Last sale price $550,000 $4 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,308/month

978 Days on Market

Highlights

  • Beach Access
  • Home fronts navigable water
  • River View
  • Beachland Elementary School Rated A-
  • Gated Community
  • Heavily Wooded Lot

About This Lot

As of August 2021

Unique 3.5 acre lagoon-front site on fabled Little Orchid Island, located in Orchid Isle Estates. Enchantment grows as you meander tree-canopied paths into a lost paradise ideal for boating, bird-watching, fishing or just snoozing. Gated enclave of 5 homes. Approved for dock permit.

Last Agent to Sell the Property

Angela Pate

Alex MacWilliam, Inc. License #3264532 Listed on: 11/01/2018

Alex MacWilliam, Inc.

Last Buyer's Agent

Angela Pate

Alex MacWilliam, Inc. License #3264532 Listed on: 11/01/2018

Alex MacWilliam, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,730

Lot Details

  • 3.5 Acre Lot
  • Home fronts navigable water
  • River Front
  • Cul-De-Sac
  • Heavily Wooded Lot

Interior Spaces

  • 152,460 Sq Ft Home
  • River Views

Utilities

  • Not Connected to Water Source
  • Not Connected to Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 31392600017000000001.0

Community Details

Overview

  • Association fees include common areas
  • Orchid Isle Estates Subdivision

Recreation

  • Trails
  • Beach Access
  • Access To Intracoastal Waterway

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$4,730

Lot Details

3.5 Acres

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 3.5
  • Road Surface Type: Paved
  • Subdivision Name: Orchid Isle Estates
  • Directions: Aia North to 510. on Wabasso Island Lane. Follow Live Oak Road past Environmental Learning Center to gate at Lagoon Court. Proceed through gate to lot on cul-de-sac.
  • Attribution Contact: 772-231-6509
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Residential
  • Living Area: 152460.0

Exterior Features

  • Lot Features: 3-5 Acres, Cul-De-Sac, Wooded
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front, Beach Access
  • Waterfront: Yes

Utilities

  • Security: Gated Community
  • Sewer: Not Connected, None
  • Utilities: Cable Available, Electricity Available, Phone Available
  • Water Source: Not Connected, Public, Well Needed

Condo/Co-op/Association

  • Community Features: Other, Storm Drain(s), Trails/Paths, Water Access
  • Association Fee: 1670.0
  • Association Name: Self Managed

Fee Information

  • Association Fee Includes: Common Areas, Other

Lot Info

  • Current Use: Single Family
  • Lot Size Sq Ft: 152460.0
  • Number Of Lots: 1
  • Parcel #: 31392600017000000001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4730.0
  • Tax Block: 0
  • Tax Lot: 1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2018
Closed on
Jul 30, 2021
Sold by
Ladd James A and Shepherd Sandra K
Bought by
Serda Matthew E
Seller's Agent
Angela Pate
Alex MacWilliam, Inc.
Buyer's Agent
Angela Pate
Alex MacWilliam, Inc.
List Price
$717,000
Sold Price
$550,000
Premium/Discount to List
-$167,000
-23.29%
Current Estimated Value
$721,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,550
Avg. Annual Appreciation
6.07%
Original Mortgage
$412,500
Outstanding Balance
$319,594
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$401,956

Purchase Details

Closed on
Oct 30, 2002
Sold by
Mandina Leonardo and Mandina Maria
Bought by
Ladd James A and Shepherd Sandra K
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Serda Matthew E $550,000 Elite Ttl Of Treasure Coast
Ladd James A $456,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serda Matthew E $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2021 08/06/21 Sold $550,000 -23.3% $4 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
11/01/2018 11/01/18 For Sale $717,000 -- $5 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2025 $6,641 $467,500 $467,500 --
2024 $6,558 $467,500 $467,500 --
2023 $6,558 $467,500 $467,500 $0
2022 $6,594 $467,500 $467,500 $0
2021 $5,590 $425,000 $425,000 $0
2020 $4,730 $318,750 $318,750 $0
2019 $4,787 $318,750 $318,750 $0
2018 $4,612 $318,750 $318,750 $0
2017 $4,026 $255,000 $0 $0
2016 $4,074 $255,000 $0 $0
2015 $4,252 $255,000 $0 $0
2014 $4,308 $261,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 211224

APN: 31-39-26-00017-0000-00001.0

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