NOT LISTED FOR SALE

2780 42nd Place Vero Beach, FL 32967

Gifford Neighborhood

Estimated Value: $180,329 - $231,000

4 Beds
2 Baths
1,488 Sq Ft
$135/Sq Ft Est. Value

Last Sold January 31, 2022

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

Est. 16% increase in value since last sale

Current estimated payment $1,154/month

281 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Wall Furnace
  • Vero Beach High School Rated A-

About This Home

As of January 2022

Perfect Investment opportunity! This property has 2 separate houses located on a corner lot. Both houses are CBS and metered for their own utilities. The house in the front has 3 bedrooms with 1 bath and the house is the back has 2 bedrooms and 1 bath. This is a income producing property with high demand.This is also a great opportunity to live in one house and rent the other. Hardwood floor throughout the house with carpet in bedrooms. Plenty of space outside to add a shed or fence.

Last Agent to Sell the Property

George Gipson

Beneduce Realty Inc License #3415358 Listed on: 03/25/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $918

Year Built

  • Built in 1950

Lot Details

  • 6,534 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 2 Units
  • Spruce Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 32392600005011000002.0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$918

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US 1 to West on 41st Street, then North on 28th Avenue and East on 42nd Place to homes on North corner
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 1488.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 32392600005011000002.0
  • Lot Size Sq Ft: 6534.0
  • Zoning Description: RM-10
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 918.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Jan 31, 2022
Sold by
George Gipson Iii
Bought by
Schumacher Joshua
Seller's Agent
George Gipson
Beneduce Realty Inc
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$185,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,826
Avg. Annual Appreciation
6.97%
Original Mortgage
$142,450
Outstanding Balance
$133,383
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$69,554

Purchase Details

Closed on
Aug 16, 2017
Sold by
Gipson George
Bought by
Gipson George M and Gipson Darius
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
Schumacher Joshua $160,000 New Title Company Name
Gipson George -- Majesty Title Services
Gipson George M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schumacher Joshua $142,450
Previous Owner Gipson George M $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $160,000 -5.8% $108 / Sq Ft
01/01/2022 01/01/22 Pending -- -- --
03/25/2021 03/25/21 For Sale $169,900 -- $114 / Sq Ft
Source: BeachesMLS

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 $1,638 $93,995 $10,978 $83,017
2023 $1,638 $92,897 $9,880 $83,017
2022 $1,487 $81,966 $8,123 $73,843
2021 $1,112 $61,192 $4,391 $56,801
2020 $1,049 $58,231 $4,391 $53,840
2019 $918 $41,678 $4,391 $37,287
2018 $900 $40,494 $4,391 $36,103
2017 $801 $37,537 $0 $0
2016 $736 $32,790 $0 $0
2015 $714 $30,120 $0 $0
2014 $593 $23,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    George Gipson

    Beneduce Realty Inc

    (772) 713-3633

    11 in this area

    22 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10702581

BeachesMLS

APN: 32-39-26-00005-0110-00002.0

Florida Indian River County Vero Beach 32967 Gifford

2780 42nd Place, Vero Beach, FL

This home is located at 2780 42nd Place, Vero Beach, FL 32967 since 25 March 2021 and is currently estimated at $201,332, approximately $135 per square foot. This property was built in 1950. 2780 42nd Place is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Gifford Middle School, and Vero Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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