$435,000
SOLD JUL 1, 2025

421 N Peppertree Dr Unit 29 Vero Beach, FL 32963

3 Beds
2 Baths
1,911 Sq Ft
1992 Built

Recently Sold

$228 Per Sq Ft

37% Below List Price

165 Days on Market

Highlights

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

About This Home

As of July 2025

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 Agent to Sell the Property

Sally Daley

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

Douglas Elliman Florida LLC

Last Buyer's Agent

Vance Brinkerhoff

Coldwell Banker Paradise License #0686238

Coldwell Banker Paradise

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: VirtualTour
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2025
Closed on
Jul 1, 2025
Sold by
Hillerman Laura and Margolin Michael
Bought by
Boettger Laura J
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
Vance Brinkerhoff
Coldwell Banker Paradise
List Price
$695,000
Sold Price
$435,000
Premium/Discount to List
-$260,000
-37.41%
Views
128
Current Estimated Value
$560,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,380
Avg. Annual Appreciation
139.49%

Purchase Details

Closed on
Aug 3, 2018
Sold by
Baldwin Alcie Blair
Bought by
Margolin Michael and Hillerman Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,220
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2011
Sold by
Soos Robert L and Soos Regina M
Bought by
Baldwin Walter J and Baldwin Alice Blair

Purchase Details

Closed on
Sep 9, 2005
Sold by
Kiley Florence F
Bought by
Soos Robert L and Soos Regina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 28, 2001
Sold by
Daem Louise J
Bought by
Kiley Florence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.14%
Mortgage Type
New Conventional
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 $435,000 Investors Title Insurance Agen
Warranty Deed $435,000 Investors Title Insurance Agen
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
Previous Owner $319,220 New Conventional
Previous Owner $325,000 Fannie Mae Freddie Mac
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2025 07/01/25 Sold $435,000 -8.4% $228 / Sq Ft
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

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 $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

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 284572

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