$165,000
SOLD JAN 19, 2016

42 Vip Island Unit A Grant-Valkaria, FL 32949

2 Beds
1 Bath
1,260 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

6% Below List Price

34 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • Deck
  • Home fronts navigable water
  • Intracoastal View
  • Vaulted Ceiling

About This Home

As of August 2023

Fantastic key west style island home located on VIP Island. The island is located in the Indian River approximately 5 miles north of the Sebastian Inlet. This home features 2 bedrooms plus loft! Fantastic soaring ceilings! The property also features a boat dock and lift. Tons of storage space under the property!

Last Agent to Sell the Property

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 11/18/2015

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Robert Gambell

Keller Williams Realty Brevard

Keller Williams Realty Brevard

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Built

  • Built in 1998

Lot Details

  • 5,663 Sq Ft Lot
  • Home fronts navigable water
  • Home fronts a canal
  • Dirt Road
  • East Facing Home

Property Views

  • Intracoastal
  • Woods
  • Canal

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,260 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Loft
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Boat Lift
  • Deck

Schools

  • Sunrise Elementary School
  • Stone Middle School
  • Bayside High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 29-38-27-50-0000a.0-0042.00

Community Details

Overview

  • No Home Owners Association
  • V I P Vacation Island Playground Sec 1 Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1998
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Road Surface Type: Dirt
  • Reso View: Canal, Trees/Woods, Water, Intracoastal
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Boat Dock
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: V I P Vacation Island Playground Sec 1
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three Or More
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-27-50-0000a.0-0042.00
  • Location Tax and Legal Elementary School: Sunrise
  • Location Tax and Legal Middle School2: Stone
  • Location Tax and Legal High School: Bayside
  • Location Tax and Legal Tax Annual Amount: 1282.59
  • Location Tax and Legal Tax Year2: 2015
  • General Property Information Living Area2: 1260.0
  • General Property Information Building Area Total3: 1500.0
  • General Property Information Lot Size Acres: 0.13
  • General Property Information Lot Size Square Feet2: 5663.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: East
  • Appliances Refrigerators: Yes
  • Cooling Central Air: Yes
  • Flooring Laminate: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Pets Allowed Yes: Yes
  • Security Features Smoke Detector(s): Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Waterfront Features Waterfront Community: Yes
  • Room Types Laundry: Yes
  • Levels Three Or More: Yes
  • View TreesWoods: Yes
  • General Property Information Lot Size Dimensions: 50.0 ft x 110.0 ft
  • Exterior Features Boat Lift: Yes
  • Room Types Loft: Yes
  • View Intracoastal: Yes
  • ViewCanal: Yes
  • Road Surface Type Dirt: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bathroom - Tub with Shower, Vaulted Ceiling(s)
  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Exterior Features: Boat Lift
  • Pool Features: None
  • Roof: Metal
  • Acres: 0.13
  • Waterfront Features: Canal Front, Navigable Water, Waterfront Community
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Waterfront Features:Canal Front: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • General Property Information:Garage YN: No
  • Parking Features:Other26: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Boat Dock: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Dimensions: 50.0 ft x 110.0 ft
  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2956698
  • Parcel #: 29-38-27-50-0000a.0-0042.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1282.59

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Aug 25, 2023
Sold by
Conover Tina G and Conover Samantha Rose
Bought by
Lopez Jose Enrique and Lopez Soledad Celeste
Seller's Agent
Jack Jeffcoat
Ellingson Properties
Buyer's Agent
Jessica Maruzzella
Real Broker, LLC
List Price
$649,000
Sold Price
$575,000
Premium/Discount to List
-$74,000
-11.4%
Views
40
Current Estimated Value
$618,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,163
Avg. Annual Appreciation
8.24%
Original Mortgage
$460,000
Outstanding Balance
$452,390
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$223,934

Purchase Details

Closed on
Sep 4, 2021
Sold by
Kates Jeffrey G
Bought by
Conover Tina G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
2.8%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 22, 2021
Sold by
Stanley Gary C
Bought by
Conover Tina G and Conover Samantha Rose

Purchase Details

Listed on
Nov 18, 2015
Closed on
Jan 19, 2016
Sold by
Flanzbaum Richard and Flanzbaum Louise
Bought by
Stanley Gary C
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
Robert Gambell
Keller Williams Realty Brevard
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$90,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2009
Sold by
Flanzbaum Richard and Flanzbaum Louise
Bought by
Smith Glenn M and Smith Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2003
Sold by
Keller Peter S and Keller Lisa A
Bought by
Flanzbaum Richard and Flanzbaum Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2003
Sold by
Hunt Ronald K and Hunt Roberta G
Bought by
Keller Peter S and Keller Lisa A

Purchase Details

Closed on
Feb 14, 1997
Sold by
Kinney Thomas L and Kinney Maria C
Bought by
Hunt Ronald K and Hunt Robera G

Purchase Details

Closed on
Aug 17, 1994
Sold by
Edmonds Sopee
Bought by
Kinney Thomas L and Kinney Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
8.74%
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 Type Sale Price Title Company
Warranty Deed $575,000 None Listed On Document
Quit Claim Deed $5,000 None Available
Quit Claim Deed $200,000 None Available
Warranty Deed $165,000 Supreme Title
Warranty Deed $229,000 First International Title In
Warranty Deed $265,000 Security First Title Partner
Warranty Deed $215,000 --
Warranty Deed $28,000 --
Warranty Deed $19,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $460,000 New Conventional
Previous Owner $455,000 Balloon
Previous Owner $90,000 New Conventional
Previous Owner $206,100 Purchase Money Mortgage
Previous Owner $185,000 Purchase Money Mortgage
Previous Owner $14,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $575,000 +15.0% $456 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
05/08/2023 05/08/23 Price Changed $500,000 -23.0% $397 / Sq Ft
03/20/2023 03/20/23 For Sale $649,000 +293.3% $515 / Sq Ft
01/19/2016 01/19/16 Sold $165,000 -5.7% $131 / Sq Ft
12/23/2015 12/23/15 Pending -- -- --
11/18/2015 11/18/15 For Sale $175,000 -- $139 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $5,197 $347,390 -- --
2023 $5,197 $346,670 $108,000 $238,670
2022 $4,641 $319,640 $0 $0
2021 $1,661 $158,920 $0 $0
2020 $2,107 $156,730 $0 $0
2019 $2,089 $153,210 $0 $0
2018 $2,058 $150,360 $0 $0
2017 $2,064 $147,270 $0 $0
2016 $2,660 $140,420 $40,000 $100,420
2015 $1,283 $92,890 $26,500 $66,390
2014 $1,282 $92,160 $26,500 $65,660
Source: Public Records

Agents Affiliated with this Home

  • Jack Jeffcoat

    Seller's Agent in 2023

    Jack Jeffcoat

    Ellingson Properties

    (321) 536-1461

    199 Total Sales

    Jack Jeffcoat
    Section Image
  • Jessica Maruzzella

    Buyer's Agent in 2023

    Jessica Maruzzella

    Real Broker, LLC

    (321) 213-0302

    64 Total Sales

    Jessica Maruzzella
    Section Image
  • Kristen Bear

    Buyer Co-Listing Agent in 2023

    Kristen Bear

    EXP Realty LLC

    (321) 610-8810

    1,164 Total Sales

    Kristen Bear
    Section Image

  • K

    Buyer Co-Listing Agent in 2023

    Kristen Hayes

    House Facts Realty

  • Lauren Merrell P.A.

    Seller's Agent in 2016

    Lauren Merrell P.A.

    Dale Sorensen Real Estate Inc.

    (321) 987-3328

    141 Total Sales

    Lauren Merrell P.A.
    Section Image

  • R

    Buyer's Agent in 2016

    Robert Gambell

    Keller Williams Realty Brevard

    Section Image
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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 740178

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-27-50-0000A.0-0042.00

Florida Brevard County Grant 32949

42 Vip Island Unit A, Grant, FL

This home is located at 42 Vip Island Unit A, Grant-Valkaria, FL 32949 and is currently priced at $165,000, approximately $130 per square foot. This property was built in 1998. 42 Vip Island Unit A is a home located in Brevard County with nearby schools including Sunrise Elementary School, Stone Magnet Middle School, and Bayside 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.

Space Coast MLS (Space Coast Association of REALTORS®) 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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