$225,000
SOLD JUL 27, 2020

48 Vip Island Unit A Grant Valkaria, FL 32949

2 Beds
2 Baths
1,800 Sq Ft
5,663 Sq Ft Lot

Recently Sold

$125 Per Sq Ft

17% Below List Price

118 Days on Market

Highlights

  • Community Boat Slip
  • Boat Lift
  • Deck
  • Home fronts navigable water
  • Canal View
  • Wood Flooring

About This Home

As of February 2023

Beautiful newer built home on VIP Island. This home has it all! Exterior has been finished with concrete board. Interior boasts two bedrooms, (easily three) and two full bathrooms. Main living areas have wood floors and wide open spaces! Boat lift and cover recently added! This one won't last long!

Last Agent to Sell the Property

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 02/26/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Lauren Merrell P.A.

Dale Sorensen Real Estate Inc. License #3212728 Listed on: 02/26/2020

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,248

Year Built

  • Built in 1980

Lot Details

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

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Canal Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Boat Lift
  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 29-38-27-50-0000a.0-0048.00

Community Details

Overview

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

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,248

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Reso Property Sub Type: Single Family Residence
  • Reso View: Canal, Water
  • Reso Association Amenities: Boat Slip
  • ResoSpecialListingConditions: Standard
  • Subdivision Name: V I P Vacation Island Playground Sec 1
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 29-38-27-50-0000a.0-0048.00
  • 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: 3247.86
  • Location Tax and Legal Tax Year2: 2019
  • General Property Information Living Area2: 1800.0
  • General Property Information Building Area Total3: 1800.0
  • 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 Tile: Yes
  • Flooring Wood: Yes
  • Levels One: Yes
  • General Property Information Carport YN2: No
  • View Water3: Yes
  • Interior Features Breakfast Nook: Yes
  • Room Types Family Room: Yes
  • Room Types Laundry: Yes
  • Exterior Features Boat Lift: Yes
  • ViewCanal: Yes
  • Sewer Aerobic Septic: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Nook
  • Flooring: Tile, Wood
  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning, Other
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Range: 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: Yes
  • Construction Type: Fiber Cement, 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
  • Construction Materials:Fiber Cement: Yes
  • Waterfront Features:Navigable Water: Yes

Garage/Parking

  • General Property Information:Garage YN: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Name: V I P VACATION ISLAND PLAYGROUND SEC 1
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Name: V I P VACATION ISLAND PLAYGROUND SEC 1
  • Association Amenities:Boat Slip: Yes

Schools

  • Middle Or Junior School: Stone

Lot Info

  • Lot Size Sq Ft: 5663.0
  • ResoLotSizeUnits: Acres
  • Additional Parcels Description: 2956704
  • Parcel #: 29-38-27-50-0000a.0-0048.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Partially

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3247.86

MLS Schools

  • Elementary School: Sunrise
  • High School: Bayside

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Feb 1, 2023
Sold by
Barnes Curtis Ray
Bought by
Lombardo Erik Alfred and Lombardo Morgan Amber
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$595,000
Sold Price
$562,500
Premium/Discount to List
-$32,500
-5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$506,250
Outstanding Balance
$492,961
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$113,931

Purchase Details

Listed on
Feb 26, 2020
Closed on
Jul 27, 2020
Sold by
White Michael
Bought by
Barnes Curtis Ray
Seller's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
Buyer's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
List Price
$269,900
Sold Price
$225,000
Premium/Discount to List
-$44,900
-16.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.85%
Original Mortgage
$180,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2017
Closed on
Feb 26, 2018
Sold by
Davidson Michaeline M
Bought by
White Michael
Seller's Agent
Shane Turner
EXP Realty LLC
Buyer's Agent
Lauren Merrell P.A.
Dale Sorensen Real Estate Inc.
List Price
$320,000
Sold Price
$180,000
Premium/Discount to List
-$140,000
-43.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Interest Rate
4.4%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Arterburn Sam
Bought by
Davidson William M and Davidson Michaeline M

Purchase Details

Closed on
Mar 3, 2015
Sold by
Davidson William M and Davidson Michaeline M
Bought by
Arterburn Sam

Purchase Details

Closed on
Sep 21, 2000
Sold by
Wyttenbach William H
Bought by
Davidson William M and Davidson Michaeline M

Purchase Details

Closed on
Mar 25, 1994
Sold by
Evans Roy C
Bought by
Hilt Richard

Purchase Details

Closed on
Jan 10, 1994
Sold by
Davis Leonard T and Davis Pauline B
Bought by
Wyttenbach William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $562,500 Supreme Title Closings
Warranty Deed $225,000 Supreme Title Closings Llc
Deed $180,000 --
Warranty Deed $100,000 None Available
Warranty Deed $102,500 Precise Title Inc
Warranty Deed $67,000 --
Warranty Deed $18,000 --
Warranty Deed $65,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $506,250 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner -- No Value Available
Previous Owner $52,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $539,900 -6.1% $300 / Sq Ft
06/28/2025 06/28/25 Price Changed $574,900 -5.0% $319 / Sq Ft
06/22/2025 06/22/25 Price Changed $604,900 -0.8% $336 / Sq Ft
06/13/2025 06/13/25 Price Changed $609,900 -0.8% $339 / Sq Ft
06/06/2025 06/06/25 Price Changed $614,900 -0.8% $342 / Sq Ft
05/30/2025 05/30/25 Price Changed $619,900 -0.8% $344 / Sq Ft
03/01/2025 03/01/25 Price Changed $624,900 -0.8% $347 / Sq Ft
01/29/2025 01/29/25 For Sale $629,900 +12.0% $350 / Sq Ft
02/01/2023 02/01/23 Sold $562,500 -5.5% $313 / Sq Ft
01/02/2023 01/02/23 Pending -- -- --
04/29/2022 04/29/22 For Sale $595,000 +164.4% $331 / Sq Ft
07/27/2020 07/27/20 Sold $225,000 -13.4% $125 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/09/2020 06/09/20 Price Changed $259,900 -3.7% $144 / Sq Ft
02/26/2020 02/26/20 For Sale $269,900 +49.9% $150 / Sq Ft
02/12/2018 02/12/18 Sold $180,000 -28.0% $100 / Sq Ft
01/04/2018 01/04/18 Pending -- -- --
12/04/2017 12/04/17 Price Changed $250,000 -18.0% $139 / Sq Ft
10/10/2017 10/10/17 Price Changed $305,000 -4.7% $169 / Sq Ft
09/20/2017 09/20/17 For Sale $320,000 +77.8% $178 / Sq Ft
09/14/2017 09/14/17 Off Market $180,000 -- --
06/21/2017 06/21/17 Price Changed $320,000 -22.0% $178 / Sq Ft
06/05/2017 06/05/17 For Sale $410,000 -- $228 / 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
2023 $4,071 $295,450 $0 $0
2022 $3,777 $286,850 $0 $0
2021 $3,290 $236,550 $42,000 $194,550
2020 $3,815 $235,460 $42,000 $193,460
2019 $3,248 $189,920 $60,000 $129,920
2018 $3,010 $176,500 $52,000 $124,500
2017 $2,805 $152,980 $40,000 $112,980
2016 $2,759 $144,090 $40,000 $104,090
2015 $2,444 $117,060 $26,500 $90,560
2014 $1,896 $106,420 $26,500 $79,920
Source: Public Records

Agents Affiliated with this Home

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Map

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

MLS Number: 868927

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 29-38-27-50-0000A.0-0048.00