NOT LISTED FOR SALE

494 7th Place Vero Beach, FL 32962

Estimated Value: $47,000 - $110,000

1 Bed
1 Bath
550 Sq Ft
$167/Sq Ft Est. Value

Sale Details

Date Sold: March 2, 2020

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

Est. 51% increase in value since last sale

Current estimated payment $767 / mo

21 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • No Heating
  • Laundry closet
  • West Facing Home
  • 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: 01/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $539

Year Built

  • Built in 1991

Lot Details

  • West Facing Home

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Villa
  • Frame Construction

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Three-Phase Power
  • 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 333913000300140004940

Home Details

Home Type

Single Family

Est. Annual Taxes

$539

Year Built

Built in 1991

Lot Details

0 Sq Ft Lot

HOA Fees

$225 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: 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
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: None
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Linoleum
  • Living Area: 550.0
  • Stories: 1

Exterior Features

  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: West
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 225.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Number Limit, Yes
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 333913000300140004940
  • Mobile Dim Units: Feet
  • Zoning: Residential

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 538.93

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2020
Closed on
Mar 2, 2020
Sold by
Bought by
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
$91,871

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,871
Avg. Annual Appreciation
6.77%
Original Mortgage
$45,750
Outstanding Balance
$39,727
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$52,144

Purchase Details

Closed on
Aug 6, 2004
Sold by
Bought by

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$61,000 Attorney
$70,100 Security First Title Partner
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $45,750
Previous Owner $55,996
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • G

    Seller's Agent in 2020

    Gustavo Mora

    Genstone Realty

    (772) 335-1121

    21 Total Sales

    Gustavo Mora
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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

Florida Indian River County Vero Beach 32960

494 7th Place, Vero Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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