$353,000
SOLD DEC 30, 2020

4511 8th Ln SW Vero Beach, FL 32968

4 Beds
2.5 Baths
2,322 Sq Ft
0.35 Acres

Recently Sold

$152 Per Sq Ft

9% Below List Price

60 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

Desirable Arbor Trace gated Community! Large 2,322 Sq feet expanded model, 4 bedroom, 2 full & one 1/2 bath, Designer kitchen, counters, appliances, double oven, wine cooler, extra storage, newer A/C, Theater room, newer bamboo floors throughout living area, extra large screened back porch, room for a large pool, updated bathrooms, hurricane panels, move in ready, low HOA $75 per month!

Last Agent to Sell the Property

Thomas 'TP' Kennedy

Alex MacWilliam, Inc. License #3377487 Listed on: 09/30/2020

Last Buyer's Agent

Mike McCauley

Dale Sorensen Real Estate Inc. License #3460681

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 205x85
  • North Facing Home
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,322 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Sliding Doors
  • Garden Views
  • Hurricane or Storm Shutters

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

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
  • Keysone Association
  • Arbor Trace Subdivision

Recreation

  • Community Playground
  • Park

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,697

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.35
  • Lot Size: 205x85
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: ARBOR TRACE
  • Directions: 43rrd ave to Arbor Trace
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2002
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-794-3799
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Master Downstairs, Pantry, Split Bedrooms, Vaulted Ceiling(s)
  • Living Area: 2322.0
  • Stories: 1
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: Appraiser

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated Community, Key Card Entry
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, Playground, Park
  • Association Fee: 75.0
  • Association Name: Keysone
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33392100005000000042.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3697.0
  • Tax Lot: 42
  • Tax Year: 2019

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 Type Sale Price Title Company
Warranty Deed $435,000 Majesty Title Services
Warranty Deed $353,000 First American Title Ins Co
Warranty Deed $265,000 Security First Title Partner
Warranty Deed $239,500 --
Warranty Deed $39,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $348,000 New Conventional
Previous Owner $293,000 New Conventional
Previous Owner $225,250 Purchase Money Mortgage
Previous Owner $157,100 No Value Available
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

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 236243

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