NOT LISTED FOR SALE

492 7th Place Vero Beach, FL 32962

Vero Beach South Neighborhood

Estimated Value: $85,000 - $99,106

1 Bed
1 Bath
550 Sq Ft
1991 Built

Last Sold September 02, 2020

Last sale price $60,000 $109 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $597/month

Highlights

  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Built-In Features
  • Vero Beach High School Rated A-
  • Garden View
  • 4-minute walk to Lagoon Greenway

About This Home

As of September 2020

Affordable upgraded 1 bedroom unit! Centrally located and available now! Great screened in porch! Laminate throughout, includes own washer/dryer, like-new appliances and lots of storage. All applicants 600+ Credit, monthly income 3x rent, 1st, last and 1 month security deposit. No Exceptions.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,132

Year Built

  • Built in 1991

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Laminate Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Screened Patio

Utilities

  • Multiple cooling system units
  • No Heating

Listing and Financial Details

  • Tenant pays for cable TV, electricity, internet, sewer, water
  • 12 Month Lease Term
  • Assessor Parcel Number 33391300030014000492.0

Community Details

Overview

  • Vesta Association
  • Villas At Indian River Subdivision

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$1,132

Year Built

Built in 1991

Lot Details

0

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Cable TV, Electricity, Internet, Sewer, Water

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential Lease
  • Ownership: Condo
  • Subdivision Name: Villas at Indian River
  • Directions: Route 1 south, left on 8th Street, Community on right. Unit is in back of first building on right.
  • Architectural Style: One Story
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1991
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-480-0977
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Built-in Features, High Ceilings, Master Downstairs, Vaulted Ceiling(s)
  • Living Area: 550.0
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Pool Features: None
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Association Name: Vesta
  • Pets Allowed: Yes
  • Common Interest: Condominium

Lot Info

  • Parcel #: 33391300030014000492.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 91.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Motions In Bimine Llc
Bought by
Suncoast Realty & Rental Management Llc
Current Estimated Value
$91,027

Purchase Details

Listed on
Sep 2, 2020
Closed on
Sep 2, 2020
Sold by
The Housing League Holding 5 Llc
Bought by
Motions In Bimine Llc
Sold Price
$11,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.63%
Original Mortgage
$48,000
Interest Rate
3%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2015
Sold by
U S Bank National Association
Bought by
The Housing League Holdings 5 Llc

Purchase Details

Closed on
Jan 20, 2015
Sold by
Wells Sandra A
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 29, 2004
Sold by
Citrus Woods Llc
Bought by
Wells Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,875
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Suncoast Realty & Rental Management Llc $90,000 Atlantic Coastal Land Title
Suncoast Realty & Rental Management Llc $90,000 Atlantic Coastal Land Title
Motions In Bimine Llc $60,000 First American Title Ins Co
The Housing League Holdings 5 Llc -- Attorney
Us Bank National Association -- None Available
Wells Sandra A $72,500 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Motions In Bimine Llc $48,000
Previous Owner Wells Sandra A $68,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $60,000 0.0% $109 / Sq Ft
09/02/2020 09/02/20 For Rent $950 -91.7% --
09/02/2020 09/02/20 Rented $11,400 0.0% --
08/03/2020 08/03/20 Pending -- -- --
05/19/2019 05/19/19 For Sale $69,000 0.0% $125 / Sq Ft
01/08/2016 01/08/16 For Rent $750 -6.3% --
01/08/2016 01/08/16 Rented $800 -- --
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 $1,132 $82,831 -- $82,831
2023 $1,132 $66,169 $0 $0
2022 $990 $66,032 $0 $66,032
2021 $897 $54,685 $0 $54,685
2020 $94 $45,288 $0 $45,288
2019 $91 $45,288 $0 $45,288
2018 $88 $40,800 $0 $40,800
2017 $82 $40,800 $0 $0
2016 $401 $20,400 $0 $0
2015 $342 $20,400 $0 $0
2014 $237 $10,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vance Brinkerhoff

    Seller's Agent in 2020

    Vance Brinkerhoff

    Coldwell Banker Paradise

    (972) 467-7718

    64 in this area

    303 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Maria Castellon

    Coldwell Banker Paradise

    (772) 778-2029

    8 in this area

    14 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 235441

APN: 33-39-13-00030-0140-00492.0

Florida Indian River County Vero Beach 32960 Vero Beach South

492 7th Place, Vero Beach, FL

This home is located at 492 7th Place, Vero Beach, FL 32962 since 02 September 2020 and is currently priced at $91,027. This property was built in 1991. 492 7th Place is a home located in Indian River County with nearby schools including Vero Beach Elementary School, Oslo Middle School, and Vero Beach High School.

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