NOT LISTED FOR SALE

512 7th Square Unit 104 Vero Beach, FL 32962

Estimated Value: $208,000 - $286,000

2 Beds
2 Baths
1,323 Sq Ft
2004 Built

Last Sold August 16, 2022

Last sale price $275,000 $208 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,348/month

16 Days on Market

Highlights

  • Lake Front
  • Heated Pool
  • Gated Community
  • Fitness Center
  • Home fronts a pond
  • Clubhouse

About This Home

As of August 2022

Carefree living at its best in this meticulously maintained corner condominium. Enjoy Vero’s wildlife on the Indian River with a walk across the street to the Greenway Lagoon or over to McKee Botanical Gardens. Just minutes from the beach, dining, and shopping. Serene lake, community clubhouse, pool, and fitness center. Impact windows, newer appliances, HWH & HVAC 2017.

Last Agent to Sell the Property

Michael Ott

One Sotheby's Int'l Realty License #3481839 Listed on: 06/30/2022

One Sotheby's Int'l Realty

Last Buyer's Agent

Ben Bryk

Coldwell Banker Paradise License #3299142

Coldwell Banker Paradise

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 2004

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Uncovered Parking
  • Assigned Parking

Property Views

  • Lake
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,323 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33391300031001000104.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, internet, ground maintenance, maintenance structure, recreation facilities, security, trash
  • Keystone Property Mgmt Association
  • Fountainhead Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,644

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Fountainhead
  • Directions: Use the east entrance off IR Blvd. Go thru gate on left and house is immediately to the right on the corner. PARK IN SPACE IN FRONT OF GARAGE OR GUEST PARKING AROUND CORNER.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 2004
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1323.0
  • Stories: 1
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Clubhouse, Lake, Pool
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Sprinkler/Irrigation, Patio, Rain Gutters
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Garage, Garage Door Opener, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Closet
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Fitness, Gutter(s), Pool
  • Association Fee: 427.4
  • Association Name: Keystone Property Mgmt
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Internet, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Security, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33391300031001000104.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1644.0
  • Tax Lot: na
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2022
Closed on
Aug 16, 2022
Sold by
Powell and Jennifer
Bought by
Schwanitz Klaus
Seller's Agent
Michael Ott
One Sotheby's Int'l Realty
Buyer's Agent
Ben Bryk
Coldwell Banker Paradise
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Current Estimated Value
$238,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,246
Avg. Annual Appreciation
-4.08%

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 12, 2021
Sold by
Kuzma Kenneth
Bought by
Powell Grant and Powell Jennifer
Seller's Agent
Magdalena Zych
Vero Beachside Sales Rentals
List Price
$214,900
Sold Price
$220,900
Premium/Discount to List
$6,000
2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.62%

Purchase Details

Listed on
Sep 2, 2015
Closed on
Feb 18, 2016
Sold by
Furmato Brenda P and Furmato Peter V
Bought by
Kuzma Eileen and Kuzma Kenneth
Seller's Agent
Cindy Leonard
RE/MAX Select Group
Buyer's Agent
Magdalena Zych
Vero Beachside Sales Rentals
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.82%

Purchase Details

Closed on
Dec 7, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Furmato Brenda P and Furmato Peter

Purchase Details

Closed on
Aug 10, 2011
Sold by
Penagos Jorge I and Penagos Lourdes D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 5, 2011
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 31, 2005
Sold by
Fountainhead Development Associates Ltd
Bought by
Penagos Jorge I and Penagos Lourdes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,950
Interest Rate
5.72%
Mortgage Type
Unknown
Source: Public Records
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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
Schwanitz Klaus $275,000 Barry G Segal Pa
Powell Grant $220,900 Elite Ttl Of Treasure Coast
Kuzma Eileen $149,900 Oceanside Title & Escrow
Furmato Brenda P $81,300 New House Title
Wells Fargo Bank Na -- None Available
Federal Home Loan Mortgage Corporation -- New House Title
Penagos Jorge I $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penagos Jorge I $148,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/16/2022 08/16/22 Sold $275,000 -8.3% $208 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
06/30/2022 06/30/22 For Sale $300,000 +35.8% $227 / Sq Ft
04/12/2021 04/12/21 Sold $220,900 +2.8% $167 / Sq Ft View Prior Sale
03/13/2021 03/13/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $214,900 +43.4% $162 / Sq Ft
02/18/2016 02/18/16 Sold $149,900 0.0% $113 / Sq Ft View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
09/02/2015 09/02/15 For Sale $149,900 -- $113 / 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
2025 $1,188 $106,853 -- --
2024 $898 $106,853 -- --
2023 $898 $100,817 $0 $0
2022 $2,028 $176,048 $0 $176,048
2021 $1,644 $145,796 $0 $145,796
2020 $1,661 $145,796 $0 $145,796
2019 $2,309 $145,796 $0 $145,796
2018 $2,337 $145,796 $0 $145,796
2017 $2,261 $138,853 $0 $0
2016 $1,731 $126,230 $0 $0
2015 $1,655 $114,750 $0 $0
2014 $1,482 $104,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 257798

APN: 33-39-13-00031-0010-00104.0