NOT LISTED FOR SALE

525 Banyan Rd Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $1,712,770

3 Beds
2.5 Baths
1,722 Sq Ft
$995/Sq Ft Est. Value

Sale Details

Date Sold: November 17, 2023

Last sale price $1,750,000 $1,016 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,600 / mo

25 Days on Market

Highlights

  • Parking available for a boat
  • Gas Heated Pool
  • High Ceiling
  • Beachland Elementary School Rated A-
  • Garden View
  • Covered Patio or Porch

About This Home

As of November 2023

Spectacular renovation in the heart of Central Beach close to the VB marina, parks, shops and the beach! This delightful home offers luxe finishes including all impact windows, new metal roof, high ceilings, Vadara quartz counters, Bosch appliances and more. Bright, sunny interior has desirable open split floor plan and two wonderful courtyards providing additional outdoor space perfect for entertaining. Private, fenced backyard is a beautiful tropical oasis featuring a heated, saltwater pool with travertine and covered lanai. Plenty of room for a detached cabana! Do not miss this special gem!

Last Agent to Sell the Property

Karen Smith

One Sotheby's Int'l Realty Brokerage Phone: 772-492-1002 License #3213399 Listed on: 10/19/2023

One Sotheby's Int'l Realty

Last Buyer's Agent

Eileen Diamond

Keller Williams Realty of VB License #3489436

Keller Williams Realty of VB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,850

Year Built

  • Built in 1987

Lot Details

  • 13,939 Sq Ft Lot
  • Lot Dimensions are 140x100
  • South Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Tile Flooring
  • Garden

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Security Lights
  • Motion Detectors
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Vero Beach Estates Subdivision

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 32403200006011000028.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,850

Year Built

Built in 1987

Lot Details

0.32 Acres

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 140x100
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Vero Beach Estates
  • Directions: Take A1A north of Beachland Blvd. Turn left (west) on Banyan Rd. House is on the right. From Mockingbird north of Beachland Blvd., turn right on Banyan house is on the left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1987
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Disposal, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Closet Cabinetry, High Ceilings, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 1722.0
  • Stories: 1
  • Window Features: Blinds, Single Hung, Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Gas Heat, Heated, Pool, Private, Salt Water
  • Pool Private: Yes
  • View: Garden, Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: South
  • Exterior Features: Fence, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Boat, Driveway, Garage, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Security System Owned, Closed Circuit Camera(s), Motion Detectors, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, Sidewalks, Gutter(s)
  • Association Name: None
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32403200006011000028.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8850.0
  • Tax Lot: 28
  • Tax Year: 2022

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
Oct 19, 2023
Closed on
Nov 17, 2023
Sold by
Bought by
Seller's Agent
Karen Smith
One Sotheby's Int'l Realty
Buyer's Agent
Eileen Diamond
Keller Williams Realty of VB
List Price
$1,750,000
Sold Price
$1,750,000
Views
21
Current Estimated Value
$1,712,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,230
Avg. Annual Appreciation
-0.83%

Purchase Details

Closed on
Oct 20, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 27, 2021
Sold by
Bought by
Seller's Agent
Troy Westover
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON MEMBER
List Price
$1,100,000
Sold Price
$1,114,000
Premium/Discount to List
$14,000
1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.74%

Purchase Details

Listed on
Aug 29, 2018
Closed on
Jul 1, 2019
Sold by
Bought by
Seller's Agent
Troy Westover
Dale Sorensen Real Estate Inc.
Buyer's Agent
Troy Westover
Dale Sorensen Real Estate Inc.
List Price
$625,000
Sold Price
$525,000
Premium/Discount to List
-$100,000
-16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.11%
Original Mortgage
$393,750
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$1,750,000 First American Title Insurance
$1,400,000 --
$1,114,000 Attorney
$525,000 Supreme Title Solutions Llc
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
Previous Owner $393,750
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 Prior Sale
11/17/2023 11/17/23 Sold $1,750,000 0.0% $1,016 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $1,750,000 +57.1% $1,016 / Sq Ft
10/27/2021 10/27/21 Sold $1,114,000 +1.3% $647 / Sq Ft View Prior Sale
09/27/2021 09/27/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $1,100,000 +109.5% $639 / Sq Ft
07/01/2019 07/01/19 Sold $525,000 -16.0% $305 / Sq Ft View Prior Sale
06/01/2019 06/01/19 Pending -- -- --
08/29/2018 08/29/18 For Sale $625,000 -- $363 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $28,404 $1,772,147 $693,600 $1,078,547
2024 $12,292 $1,642,828 $693,600 $949,228
2023 $12,292 $780,914 $606,900 $174,014
2022 $8,850 $558,382 $433,500 $124,882
2021 $8,713 $552,686 $346,800 $205,886
2020 $7,912 $483,326 $277,440 $205,886
2019 $3,627 $251,741 $0 $0
2018 $3,611 $247,047 $0 $0
2017 $3,576 $241,966 $0 $0
2016 $3,527 $236,990 $0 $0
2015 $3,614 $235,350 $0 $0
2014 $3,457 $233,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Karen Smith

    One Sotheby's Int'l Realty

    (772) 559-1295

    13 in this area

    53 Total Sales

    Karen Smith
    Section Image
  • Eileen Diamond

    Buyer's Agent in 2023

    Eileen Diamond

    Keller Williams Realty of VB

    (772) 696-4772

    2 in this area

    21 Total Sales

    Eileen Diamond
    Section Image
  • Troy Westover

    Seller's Agent in 2021

    Troy Westover

    Dale Sorensen Real Estate Inc.

    (772) 453-1206

    36 in this area

    162 Total Sales

    Troy Westover
    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

  • E

    Seller Co-Listing Agent in 2019

    Elizabeth Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 492-5355

    44 in this area

    103 Total Sales

    Elizabeth Sorensen
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 272311

APN: 32-40-32-00006-0110-00028.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

525 Banyan Rd, 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.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.