NOT LISTED FOR SALE

524 7th Place Unit 524 Vero Beach, FL 32962

Estimated Value: $96,000 - $114,000

1 Bed
1 Bath
550 Sq Ft
1991 Built

Last Sold March 01, 2021

Last sale price $72,900 $133 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $641/month

Highlights

  • Garden View
  • Screened Patio
  • South Facing Home
  • Vero Beach High School Rated A-
  • Central Heating and Cooling System
  • Vinyl Flooring

About This Home

As of March 2021

Nice corner unit with updated flooring, kitchen, split A/C unit. Washer and dryer included. Tenant occupied with lease until end of November 2021. Available to be see with 24-hour notice and only between 5:30 PM - 8:15 PM

Last Agent to Sell the Property

Ted Jackson

Coldwell Banker Paradise License #3387134 Listed on: 03/01/2021

Coldwell Banker Paradise

Last Buyer's Agent

Stephanie Bishop

Engel & Voelkers Vero Beach License #0627901

Engel & Voelkers Vero Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $763

Year Built

  • Built in 1991

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 550 Sq Ft Home
  • 1-Story Property
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Screened Patio
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 33391300030002000524.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, reserve fund, sewer, trash
  • Vesta Property Services Association
  • Villas At Indian River Subdivision

Pet Policy

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$763

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Villas at Indian River
  • Directions: Between Indian River Blvd and 6th Avenue off of the south side of 8th Street. Enter by turning south on 5th Ave then turn right on 7th Pl
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1991
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-778-2029
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Laminate, Vinyl
  • Living Area: 550.0
  • Stories: 1
  • Window Features: None, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

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

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 189.0
  • Association Name: Vesta Property Services
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Trash

Lot Info

  • Parcel #: 33391300030002000524.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 763.0
  • Tax Lot: N/A
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2025
Sold by
Patel Jayram and Patel Rita
Bought by
Vrajruj Llc
Current Estimated Value
$103,295

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 22, 2021
Sold by
Matthews Scott A
Bought by
Patel Jayram and Patel Rita
Seller's Agent
Ted Jackson
Coldwell Banker Paradise
Buyer's Agent
Stephanie Bishop
Engel & Voelkers Vero Beach
List Price
$72,900
Sold Price
$72,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.77%

Purchase Details

Listed on
Mar 1, 2021
Closed on
Mar 2, 2021
Sold by
Matthews Scott A
Bought by
Patel Jayram and Patel Rita
Seller's Agent
Ted Jackson
Coldwell Banker Paradise
Buyer's Agent
Stephanie Bishop
Engel & Voelkers Vero Beach
List Price
$72,900
Sold Price
$72,900

Purchase Details

Listed on
Jun 1, 2018
Closed on
Aug 24, 2018
Sold by
Nielsen Cynthia L and Nielsen Cynthia Louise
Bought by
Matthew Scott A
Seller's Agent
Ron Rennick
Rennick Real Estate
Buyer's Agent
Herb Hogan
Tropic Shores Real Estate LLC
List Price
$58,000
Sold Price
$50,000
Premium/Discount to List
-$8,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.14%

Purchase Details

Closed on
Aug 27, 2004
Sold by
Citrus Woods Llc
Bought by
Nielsen Cynthia L
Source: Public Records

Range of Values:

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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
Vrajruj Llc -- None Listed On Document
Vrajruj Llc -- None Listed On Document
Patel Jayram $72,900 Atlantic Coastal Land Ttl Co
Patel Jayram $72,900 Atlantic Coastal Land Title
Matthew Scott A $50,000 Riomar Title Llc
Nielsen Cynthia L $75,500 Security First Title Partner
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2021 03/01/21 Sold $72,900 0.0% $133 / Sq Ft
03/01/2021 03/01/21 For Sale $72,900 +45.8% $133 / Sq Ft
08/24/2018 08/24/18 Sold $50,000 -13.8% $91 / Sq Ft View Prior Sale
07/25/2018 07/25/18 Pending -- -- --
06/01/2018 06/01/18 For Sale $58,000 0.0% $105 / Sq Ft
11/03/2015 11/03/15 For Rent $795 0.0% --
11/03/2015 11/03/15 Rented $795 -- --
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 $1,184 $82,831 -- $82,831
2023 $1,184 $72,635 $0 $0
2022 $1,037 $66,032 $0 $66,032
2021 $856 $54,685 $0 $54,685
2020 $763 $45,288 $0 $45,288
2019 $780 $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: REALTORS® Association of Indian River County

MLS Number: 241455

APN: 33-39-13-00030-0020-00524.0