$475,000
UNDER CONTRACT $220K PRICE DROP

421 N Peppertree Dr Unit 29 Vero Beach, FL 32963

Estimated payment $3,001/month

Total Views 5,419
3 Beds
2 Baths
1,911 Sq Ft
$249 Price per Sq Ft

Highlights

  • Lake Front
  • Home fronts a pond
  • High Ceiling
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Skylights

About This Home

Best island buy under $500K! Renovated lakefront villa lives like a house w/condo convenience! End unit =supreme privacy, dreamy sunsets! One of only six on the lake in a coveted mid-island locale that puts all things Vero 5-10 mins away! Soaring ceilings, abundant glass + light! Open plan w/wide lake views + sunsets + enclosed lanai for entertaining + lounging! Renovated quartz kitchen, newer appliances + floors, freshly painted incl epoxy garage + smart development of a flex bed 3 for guests/den! HOA dues incl yard work + community pool! Lock+ leave ownership= a gem for discerning buyers!

Last Listed By

Sally Daley

Douglas Elliman Florida LLC Brokerage Phone: 772-538-4503 License #3106981 Listed on: 01/17/2025

Douglas Elliman Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,172

Year Built

  • Built in 1992

Lot Details

  • Home fronts a pond
  • Lake Front
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Paver Block

Property Views

  • Lake
  • Garden

Home Design

  • Tile Roof

Interior Spaces

  • 1,911 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Skylights
  • Window Treatments
  • French Doors
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Screened Patio

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Water Purifier
  • Water Softener is Owned

Listing and Financial Details

  • Tax Lot 29
  • Assessor Parcel Number 32401900030000000029.0

Community Details

Overview

  • Association fees include ground maintenance
  • Elliott Merrill Association
  • Peppertree Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,172

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Single Family/Other
  • Subdivision Name: Peppertree
  • Directions: A1A North - Past Village Beach Market
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1992
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-538-4503
  • Special Features: 4224
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Water Softener Owned, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Closet Cabinetry, Crown Molding, High Ceilings, Primary Downstairs, Pantry, Skylights, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 1911.0
  • Stories: 1
  • Window Features: Window Treatments, Skylight(s)

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Garden, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Disclosures: First Right of Refusal
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Patio
  • Patio And Porch Features: Patio, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Paver Block

Utilities

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

Condo/Co-op/Association

  • Community Features: Other, Pool
  • Association Fee: 474.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Number Limit

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 32401900030000000029.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 4172.0
  • Tax Lot: 29
  • Tax Year: 2024

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,986 $388,925 -- --
2023 $3,986 $366,955 $0 $0
2022 $3,892 $356,267 $0 $0
2021 $3,918 $345,890 $0 $0
2020 $3,920 $341,114 $0 $341,114
2019 $4,537 $341,114 $0 $341,114
2018 $3,002 $256,711 $0 $0
2017 $3,004 $251,431 $0 $0
2016 $3,053 $246,260 $0 $0
2015 $3,178 $244,550 $0 $0
2014 $3,145 $242,610 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $475,000 -13.6% $249 / Sq Ft
04/04/2025 04/04/25 Price Changed $550,000 -5.2% $288 / Sq Ft
02/19/2025 02/19/25 Price Changed $580,000 -10.6% $304 / Sq Ft
02/07/2025 02/07/25 Price Changed $649,000 -6.6% $340 / Sq Ft
01/17/2025 01/17/25 For Sale $695,000 -- $364 / Sq Ft
Source: REALTORS® Association of Indian River County

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 Elite Title Of The Treasure
Warranty Deed $290,000 Harbor Title & Escrow Inc
Warranty Deed $500,000 --
Warranty Deed $325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,000 New Conventional
Closed $225,000 Credit Line Revolving
Closed $319,220 New Conventional
Previous Owner $325,000 Fannie Mae Freddie Mac
Previous Owner $10,000 Balloon
Previous Owner $5,000 Balloon
Previous Owner $20,000 New Conventional
Previous Owner $80,000 New Conventional
Source: Public Records

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Source: REALTORS® Association of Indian River County

MLS Number: 284572

APN: 32-40-19-00030-0000-00029.0