NOT LISTED FOR SALE

486 Grove Isle Cir Vero Beach, FL 32962

Estimated Value: $187,530 - $211,000

2 Beds
2 Baths
1,314 Sq Ft
1986 Built

Last Sold March 11, 2024

Last sale price $207,000 $158 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,154/month

34 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Spa
  • Water Access
  • Gated with Attendant
  • Home fronts a pond

About This Home

As of March 2024

UPDATED 2/2 PLUS DEN,OR TV ROOM, OR 3RD BEDROOM YOUR CHOICE. GROVE ISLE IS A VERY POPULAR +55 GUARD GATED COMMUNITY WITH MANY AMMENITIES.THIS INCLUDES KAYAK STORAGE NEAR THE BOAT LAUNCH & COMMUNITY DOCK, NATURE TRAIL TO THE INDIAN RIVER LAGOON WITH A LARGE DECK AND PICNIC TABLE OVERLOOK. OTHER AMMENITIES ARE 2 HEATED POOLS, 2 CLUBHOUSES, SPA, BBQ, FITNESS ROOM, POOL TABLES, TENNIS, SHUFFLEBOARD. ACTIVE SOCIAL SCHEDULE FOR MAKING AND MEETING FRIENDS TOO! PLUS PET FRIENDLY. LOVELY CONDO HAS LVP THROUGHOUT, SLIDING BARN DOOR ON 3RD BEDROOM, UPGRADED BATHS AND KITCHEN. MAKE YOUR APPT TO BUY IT!

Last Agent to Sell the Property

Joanne Montgomery

RE/MAX Select Group Brokerage Phone: 772-234-1111 License #3033197 Listed on: 01/05/2024

Last Buyer's Agent

Nic Stover

Engel & Voelkers Vero Beach License #3419552

Engel & Voelkers Vero Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 1986

Lot Details

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

Home Design

  • Shingle Roof

Interior Spaces

  • 1,314 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Pool

  • Spa
  • Free Form Pool

Outdoor Features

  • Water Access
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33403000008010000486.0

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, insurance, maintenance structure, recreation facilities, reserve fund, roof, sewer, security, trash, water
  • Elliott Merrill Association
  • Grove Isle Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,310

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: NA
  • Ownership: Condo
  • Subdivision Name: Grove Isle Condo
  • Directions: US 1 SOUTH OF OSLO ROAD, EAST INTO GROVE ISLE TO BUILDING 10 NEAR LARGE CLUBHOUSE.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1986
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-234-1111
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Pantry
  • Living Area: 1314.0
  • Stories: 2
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: Other
  • Pool Features: Free Form, Electric Heat, Heated, Other, Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport, One Space

Utilities

  • Laundry Features: Laundry Closet
  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Billiard Room, Clubhouse, Fitness, Trails/Paths, Water Access, Pool
  • Senior Community: Yes
  • Association Fee: 540.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Structure, Recreation Facilities, Reserve Fund, Roof, Sewer, Security, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33403000008010000486.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1310.0
  • Tax Lot: na
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Mar 11, 2024
Sold by
Andrews Charles R and Andrews Kristi L
Bought by
Georgakis Denise Marie and Georgakis Antonios Ulysses
Seller's Agent
Joanne Montgomery
RE/MAX Select Group
Buyer's Agent
Nic Stover
Engel & Voelkers Vero Beach
List Price
$229,000
Sold Price
$207,000
Premium/Discount to List
-$22,000
-9.61%
Views
163
Current Estimated Value
$197,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,367
Avg. Annual Appreciation
-2.82%
Original Mortgage
$144,900
Outstanding Balance
$135,467
Interest Rate
5.9%
Mortgage Type
New Conventional
Estimated Equity
$62,166

Purchase Details

Listed on
Mar 10, 2020
Closed on
Apr 14, 2020
Sold by
Treasure Coast Premier Properties Llc
Bought by
Andrews Charles R and Andrews Kristi L
Seller's Agent
Jonathan Arsenault
One Sotheby's Int'l Realty
Buyer's Agent
Cami Kanner
The Land Corporation of Fl
List Price
$155,000
Sold Price
$142,000
Premium/Discount to List
-$13,000
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
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
Georgakis Denise Marie $207,000 None Listed On Document
Andrews Charles R $142,000 Majesty Ttl Svcs A Div Of La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Georgakis Denise Marie $144,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/11/2024 03/11/24 Sold $207,000 -7.6% $158 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
01/20/2024 01/20/24 Price Changed $224,000 -2.2% $170 / Sq Ft
01/05/2024 01/05/24 For Sale $229,000 +61.3% $174 / Sq Ft
04/15/2020 04/15/20 Sold $142,000 -8.4% $108 / Sq Ft View Prior Sale
03/16/2020 03/16/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $155,000 -- $118 / 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 $1,310 $187,942 -- $187,942
2023 $1,310 $129,127 $0 $0
2022 $1,266 $121,715 $0 $0
2021 $1,249 $118,170 $0 $118,170
2020 $1,838 $118,170 $0 $118,170
2019 $1,820 $113,688 $0 $113,688
2018 $577 $66,446 $0 $0
2017 $573 $65,079 $0 $0
2016 $568 $63,740 $0 $0
2015 -- $63,300 $0 $0
2014 -- $62,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 274123

APN: 33-40-30-00008-0100-00486.0