NOT LISTED FOR SALE

494 7th Place Vero Beach, FL 32962

Estimated Value: $105,000 - $114,000

1 Bed
1 Bath
550 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 02, 2020

Last sale price $61,000 $111 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $845/month

15 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • Villa
  • Tile Flooring
  • No Heating
  • 4-minute walk to Lagoon Greenway

About This Home

As of March 2020

Incredible 1 bedroom -1 bathroom end unit in the beautiful Villas at Indian River. This remodeled unit boasts a screened in patio in front of the unit and is in move in condition. Large utility room with washer and dryer and plenty of storage space.Come see this amazing unit before its gone!!!

Last Agent to Sell the Property

Gustavo Mora

Genstone Realty License #3418780 Listed on: 01/15/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1991

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Villa
  • Frame Construction

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • Association fees include common areas, ground maintenance, trash
  • Villas At Indian River Subdivision

Listing and Financial Details

  • Assessor Parcel Number 33391300030014000494.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 1991

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Condominium,Villa
  • Directions: US Highway North 1 , Right on Indian River Blvd, Left on 8th St, Left on 5th ave, Right on 7th Place
  • Year Built: 1991
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 550.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Trash

Lot Info

  • Parcel #: 33391300030014000494.0
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 539.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2020
Closed on
Mar 2, 2020
Sold by
Rodriguez Lydia V
Bought by
Macdonald Dane Bentsen
Seller's Agent
Gustavo Mora
Genstone Realty
List Price
$79,000
Sold Price
$61,000
Premium/Discount to List
-$18,000
-22.78%
Current Estimated Value
$109,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,930
Avg. Annual Appreciation
10.59%
Original Mortgage
$45,750
Outstanding Balance
$40,175
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$69,755

Purchase Details

Closed on
Aug 6, 2004
Sold by
Citrus Woods Llc
Bought by
Rodriguez Charles and Rodriguez Lydia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,996
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macdonald Dane Bentsen $61,000 Attorney
Rodriguez Charles $70,100 Security First Title Partner
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macdonald Dane Bentsen $45,750
Previous Owner Rodriguez Charles $55,996
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2020 03/02/20 Sold $61,000 -22.8% $111 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/16/2020 01/16/20 For Sale $79,000 -- $144 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $557 $61,489 -- --
2024 $508 $61,489 -- --
2023 $508 $58,016 $0 $0
2022 $499 $56,326 $0 $0
2021 $494 $54,685 $0 $54,685
2020 $544 $45,288 $0 $45,288
2019 $539 $45,288 $0 $45,288
2018 $502 $40,800 $0 $40,800
2017 $494 $40,800 $0 $0
2016 $339 $20,400 $0 $0
2015 $342 $20,400 $0 $0
2014 $237 $10,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10592777

BeachesMLS (Greater Fort Lauderdale)

APN: 33-39-13-00030-0140-00494.0