NOT LISTED FOR SALE

416 N Palm Island Cir Vero Beach, FL 32963

Estimated Value: $2,008,000 - $2,511,000

5 Beds
5.5 Baths
4,367 Sq Ft
$527/Sq Ft Est. Value

Last Sold January 09, 2020

Last sale price $1,275,000 $292 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $13,578/month

32 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • 5-minute walk to Dog Water Stop

About This Home

As of January 2020

Beautiful West Indies inspired pool home. Chef's kitchen, Thermador appliances, gas cook top & two dishwashers. Impact glass windows & doors. Custom mill work thru-out, whole house generator, 2 new water heaters, newer A/Cs & ducts, fully wired for network access, Guest house w/frig & micro. Pool maint included in HOA. Fabulous Beach Club w/entertainment areas. River access/docks.RmSzApx

Last Agent to Sell the Property

Sam Robbins

Dale Sorensen Real Estate Inc. License #3147372 Listed on: 11/07/2019

Last Buyer's Agent

Talle Genoni

One Sotheby's Int'l Realty License #0674912

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,932

Year Built

  • Built in 2006

Lot Details

  • Lot Dimensions are 80x184
  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Fenced
  • Sprinkler System
  • Few Trees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Courtyard Style Home
  • Tile Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • French Doors
  • Lake Views
  • Security System Owned

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Pool

  • Cabana
  • Free Form Pool
  • Gas Heated Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Access To Intracoastal Waterway
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Power Generator
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 39
  • Assessor Parcel Number 31393600031000100039.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s), recreation facilities, security
  • Private Membership Available
  • Palm Isl Plantation Subdivision

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,932

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 80x184
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Palm Isl Plantation
  • Directions: 1 mile north of John's Island Entrance, Palm Island Plantation is on the west side of A1A. Guard will direct.
  • Architectural Style: Two Story, Courtyard
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2006
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Tile
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, High Ceilings, Kitchen Island, Master Downstairs, Pantry, Split Bedrooms, Central Vacuum, French Door(s)/Atrium Door(s)
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • Pool Features: Free Form, Gas Heat, Heated, Other, Pool, Private, Community
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lake, Pond, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Fence, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Three Car Garage, Garage Door Opener, Three or more Spaces

Utilities

  • Laundry Features: Lower Level, Laundry Room
  • Security: Security System Owned, Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Pool, Trails/Paths, Water Access, Gutter(s)
  • Association Fee: 830.5
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Recreation Facilities, Security

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 31393600031000100039.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 17932.0
  • Tax Lot: 39
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 9, 2020
Sold by
Giasi Paul G and Giasi Andrea
Bought by
Haryani Anand and Sadhwani Divya
Seller's Agent
Sam Robbins
Dale Sorensen Real Estate Inc.
Buyer's Agent
Talle Genoni
One Sotheby's Int'l Realty
List Price
$1,460,000
Sold Price
$1,275,000
Premium/Discount to List
-$185,000
-12.67%
Current Estimated Value
$2,303,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,264
Avg. Annual Appreciation
11.63%
Original Mortgage
$1,147,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 13, 2014
Closed on
Jul 1, 2015
Sold by
Seitz James L and Seitz Bonita J
Bought by
Giasi Paul and Giasi Andrea
Seller's Agent
Debbie Bell
Berkshire Hathaway Florida
Buyer's Agent
Grier McFarland
Dale Sorensen Real Estate Inc.
List Price
$1,395,000
Sold Price
$1,300,000
Premium/Discount to List
-$95,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.43%
Original Mortgage
$1,168,700
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 8, 2004
Sold by
Palm Island Plantation Llc
Bought by
Seitz James L and Seitz Bonita J
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
Haryani Anand $1,275,000 Attorney
Giasi Paul $1,300,000 Attorney
Seitz James L $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haryani Anand $1,000,000
Closed Haryani Anand $1,147,500
Previous Owner Giasi Paul $90,000
Previous Owner Giasi Paul $1,168,700
Previous Owner Seitz James L $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2020 01/09/20 Sold $1,275,000 -12.7% $292 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $1,460,000 +12.3% $334 / Sq Ft
07/01/2015 07/01/15 Sold $1,300,000 -6.8% $298 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
11/13/2014 11/13/14 For Sale $1,395,000 -- $319 / 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 $13,502 $1,233,015 -- --
2023 $13,502 $1,163,364 $0 $0
2022 $13,181 $1,129,480 $0 $0
2021 $13,316 $1,096,583 $249,314 $847,269
2020 $16,377 $1,319,912 $249,314 $1,070,598
2019 $18,714 $1,417,466 $260,822 $1,156,644
2018 $17,933 $1,333,041 $237,808 $1,095,233
2017 $18,393 $1,333,041 $0 $0
2016 $17,433 $1,210,220 $0 $0
2015 $13,143 $904,720 $0 $0
2014 $13,072 $897,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 227003

APN: 31-39-36-00031-0001-00039.0