NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,159,152

3 Beds
2.5 Baths
3,506 Sq Ft
$300/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $1,000,000 $285 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,958/month

87 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Deck
  • Beachland Elementary School Rated A-
  • 0.85 Acre Lot
  • Wood Flooring

About This Home

As of April 2024

Legacy development opportunity! Discover The Barkett Homestead on Paloma Dr. Set on a shell path enclave along the 9th hole of VB Country Club, originally 3 lots! Not available in over 60 yrs, this magical property offers wide golf views w/immense privacy + rare charm set among drapey Live Oaks, lush landscape, a koi pond + foot bridge. Multiple devel opportunities! Make mods to the home; or keep the 2000-blt detached garage + build OR split into 2 estate home sites --sell both - OR build on one, sell the other to fund your build OR develop two spec homes in this rarely avail + coveted lane!

Last Agent to Sell the Property

Sally Daley

Douglas Elliman Florida LLC Brokerage Phone: 772-763-1500 License #3106981 Listed on: 01/05/2024

Douglas Elliman Florida LLC

Last Buyer's Agent

Christy Krause

Treasure Coast Realty LLC License #3147295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,390

Year Built

  • Built in 1948

Lot Details

  • 0.85 Acre Lot
  • Lot Dimensions are 254x123
  • Home fronts a pond
  • Lake Front
  • West Facing Home

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Golf Course
  • Garden

Home Design

  • Shingle Roof
  • Metal Roof

Interior Spaces

  • 3,506 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • 1 Fireplace
  • Casement Windows
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Utilities

  • Multiple cooling system units
  • Multiple Heating Units

Community Details

  • Royal Park Subdivision

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 33390100005024000026.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,390

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Lot Size: 254x123
  • Ownership: Single Family/Other
  • Subdivision Name: Royal Park
  • Directions: Royal Palm toward VBCC Paloma is a small lane on R just before main road to VBCC; homestead on R
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1948
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-763-1500
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features
  • Living Area: 3506.0
  • Stories: 2
  • Window Features: Casement Window(s), None
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: None
  • View: Golf Course, Garden, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Roof: Metal, Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33390100005024000026.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14390.0
  • Tax Lot: 29
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 17, 2024
Sold by
Barkett Andrea T and Sue T Barkett Revocable Trust
Bought by
Marcelin Alain and Marcelin Tveshia
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
Christy Krause
Treasure Coast Realty LLC
List Price
$1,200,000
Sold Price
$1,000,000
Premium/Discount to List
-$200,000
-16.67%
Views
39
Current Estimated Value
$1,051,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,788
Avg. Annual Appreciation
1.96%
Original Mortgage
$850,000
Outstanding Balance
$841,924
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$184,066

Purchase Details

Closed on
May 6, 2022
Sold by
Sue T Barkett Revocable Trust
Bought by
Sue T Barkett Revocable Trust

Purchase Details

Closed on
Jun 1, 2006
Sold by
Barkett George
Bought by
Barkett Sue
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
Marcelin Alain $1,000,000 None Listed On Document
Sue T Barkett Revocable Trust -- Barkett Eric C
Barkett Sue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marcelin Alain $850,000
Previous Owner Barkett George A $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $1,000,000 -16.7% $285 / Sq Ft
04/01/2024 04/01/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $1,200,000 -- $342 / 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 $14,390 $980,343 $545,738 $434,605
2023 $14,390 $914,096 $478,893 $435,203
2022 $5,215 $363,626 $0 $0
2021 $5,126 $353,035 $0 $0
2020 $5,108 $348,161 $0 $0
2019 $5,114 $340,333 $0 $0
2018 $5,097 $333,987 $0 $0
2017 $5,053 $327,118 $0 $0
2016 $4,989 $320,390 $0 $0
2015 $5,113 $318,170 $0 $0
2014 $4,897 $315,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 274143

APN: 33-39-01-00005-0240-00026.0