NOT LISTED FOR SALE

4511 8th Ln SW Vero Beach, FL 32968

Estimated Value: $425,415 - $487,000

4 Beds
2.5 Baths
2,322 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 06, 2024

Last sale price $435,000 $187 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,664/month

174 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Wood Flooring
  • Vero Beach High School Rated A-
  • Roman Tub
  • Garden View

About This Home

As of May 2024

This spacious 4-bedroom, 2.5-bath home in the sought-after Arbor Trace community offers over 2300 sqft of living space on a generous 1/3-acre lot. The open floor plan seamlessly integrates living and family rooms, creating a welcoming atmosphere. With a 2-car garage and a large lanai, there's ample space for both relaxation and entertainment. The lush landscape enhances the appeal of the private backyard. This property combines modern comfort with natural beauty, providing an ideal setting for a vibrant and comfortable lifestyle. Welcome Home to Arbor Trace.

Last Agent to Sell the Property

Erin Rambala

Keller Williams Realty of VB Brokerage Phone: 201-321-0073 License #3349524 Listed on: 11/13/2023

Keller Williams Realty of VB

Co-Listed By

Paul Rambala

Keller Williams Realty of VB Brokerage Phone: 201-321-0073 License #3348756

Last Buyer's Agent

Janice Jolly

One Sotheby's Int'l Realty License #3225694

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,752

Year Built

  • Built in 2002

Lot Details

  • Lot Dimensions are 85x205
  • North Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,322 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Garden Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Roman Tub
  • Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 33392100005000000042.0

Community Details

Overview

  • Association fees include common areas, security
  • Orchid Island Mgmt Group Association
  • Arbor Trace Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,752

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 85x205
  • Co List Office Mls Id: 1352
  • Co List Office Phone: 772-257-8000
  • Ownership: Single Family/Other
  • Subdivision Name: ARBOR TRACE
  • Directions: From Oslo Rd, North onto 43rd Ave. Left onto 6th Pl SW, thru Gate to stop, left onto 44th Ave SW. around bend, Property on Left. Sign on property, 4511 8th lane sw
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2002
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 201-321-0073
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Flooring: Tile, Vinyl, Wood
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2322.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 82.0
  • Association Name: Orchid Island Mgmt Group
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 33392100005000000042.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2752.0
  • Tax Lot: 42
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
May 6, 2024
Sold by
Heimler Randall M
Bought by
Pierre Eldya and Dorceus Menda
Seller's Agent
Erin Rambala
Keller Williams Realty of VB
Buyer's Agent
Janice Jolly
One Sotheby's Int'l Realty
List Price
$475,000
Sold Price
$435,000
Premium/Discount to List
-$40,000
-8.42%
Views
185
Current Estimated Value
$458,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,104
Avg. Annual Appreciation
3.74%
Original Mortgage
$348,000
Outstanding Balance
$343,111
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$114,993

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 30, 2020
Sold by
Johnson Timothy Shane
Bought by
Heimler Randall M
Seller's Agent
Thomas 'TP' Kennedy
Alex MacWilliam, Inc.
Buyer's Agent
Mike McCauley
Dale Sorensen Real Estate Inc.
List Price
$389,000
Sold Price
$353,000
Premium/Discount to List
-$36,000
-9.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$293,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2007
Sold by
Beale Joseph E and Beale Mary Sue
Bought by
Johnson Timothy Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Canizares Tulio J and Canizares Joan E
Bought by
Beale Joseph E and Beale Mary Sue

Purchase Details

Closed on
Jul 20, 2001
Sold by
Arbor Trace Dev Inc
Bought by
Canizares Tulio J and Canizares Joan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,100
Interest Rate
7.08%
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
Pierre Eldya $435,000 Majesty Title Services
Heimler Randall M $353,000 First American Title Ins Co
Johnson Timothy Shane $265,000 Security First Title Partner
Beale Joseph E $239,500 --
Canizares Tulio J $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Eldya $348,000
Previous Owner Heimler Randall M $293,000
Previous Owner Johnson Timothy Shane $225,250
Previous Owner Canizares Tulio J $157,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2024 05/06/24 Sold $435,000 -4.4% $187 / Sq Ft
03/05/2024 03/05/24 Price Changed $455,000 -2.2% $196 / Sq Ft
01/17/2024 01/17/24 Price Changed $465,000 -2.1% $200 / Sq Ft
11/13/2023 11/13/23 For Sale $475,000 +34.6% $205 / Sq Ft
12/30/2020 12/30/20 Sold $353,000 -9.3% $152 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $389,000 -- $168 / 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 $2,828 $358,949 $35,063 $323,886
2023 $2,828 $237,067 $0 $0
2022 $2,752 $223,458 $0 $0
2021 $2,739 $216,949 $0 $0
2020 $3,856 $251,409 $25,500 $225,909
2019 $3,697 $233,744 $25,500 $208,244
2018 $3,818 $239,606 $25,500 $214,106
2017 $3,625 $230,685 $0 $0
2016 $3,244 $196,750 $0 $0
2015 $3,332 $196,750 $0 $0
2014 $2,939 $173,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Erin Rambala

    Seller's Agent in 2024

    Erin Rambala

    Keller Williams Realty of VB

    (201) 321-0073

    32 in this area

    84 Total Sales

    Erin Rambala
    Section Image
  • Paul Rambala

    Seller Co-Listing Agent in 2024

    Paul Rambala

    Keller Williams Realty of VB

    (973) 900-2844

    27 in this area

    66 Total Sales

    Paul Rambala
    Section Image

  • J

    Buyer's Agent in 2024

    Janice Jolly

    One Sotheby's Int'l Realty

    (772) 559-3478

    13 in this area

    70 Total Sales

    Janice Jolly
    Section Image
  • Thomas 'TP' Kennedy

    Seller's Agent in 2020

    Thomas 'TP' Kennedy

    Alex MacWilliam, Inc.

    (772) 794-3799

    26 in this area

    173 Total Sales

    Thomas 'TP' Kennedy
    Section Image
  • Mike McCauley

    Buyer's Agent in 2020

    Mike McCauley

    Dale Sorensen Real Estate Inc.

    (610) 613-2888

    15 in this area

    83 Total Sales

    Mike McCauley
    Section Image
  • David Decker

    Buyer Co-Listing Agent in 2020

    David Decker

    Dale Sorensen Real Estate Inc.

    (772) 971-0797

    51 in this area

    316 Total Sales

    David Decker
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 273010

APN: 33-39-21-00005-0000-00042.0

Florida Indian River County Vero Beach 32968

4511 8th Ln SW, Vero Beach, FL

This home is located at 4511 8th Ln SW, Vero Beach, FL 32968 since 13 November 2023 and is currently estimated at $458,104, approximately $197 per square foot. This property was built in 2002. 4511 8th Ln SW is a home located in Indian River County with nearby schools including Citrus Elementary School, Oslo Middle School, and Vero Beach High School.

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