NOT LISTED FOR SALE

534 53rd Square Vero Beach, FL 32968

Estimated Value: $434,257 - $504,000

3 Beds
2 Baths
2,026 Sq Ft
$231/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $290,000 $143 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $2,696/month

32 Days on Market

Highlights

  • Lake Front
  • Outdoor Pool
  • High Ceiling
  • Vero Beach High School Rated A-
  • Home fronts a pond
  • 2 Car Attached Garage

About This Home

As of May 2018

Relax...and retreat as you soak up amazing sunsets over the water in the exceptional community of Cypress Lake Estates. This beauty boasts a split 3/2 floor plan with office/den, updated kitchen with Corian, updated flooring in master and office, solar heated pool and Clear Shield shutters. Farms abut neighborhood to the north and east. A true gem waiting for just your touch.

Last Agent to Sell the Property

Kathy Nystrom

Rennick Real Estate License #3144072 Listed on: 03/02/2018

Last Buyer's Agent

Steve Rennick

Rennick Real Estate License #3058135

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1999

Lot Details

  • 0.25 Acre Lot
  • Home fronts a pond
  • Lake Front
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Blinds
  • Casement Windows
  • Sliding Doors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer

Pool

  • Outdoor Pool
  • Screen Enclosure

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 33391600009000000101.0

Community Details

Overview

  • Association fees include common areas, reserve fund
  • Cypress Lake Estates Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,515

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: .25
  • Ownership: Single Family/Other
  • Subdivision Name: Cypress Lake Estates
  • Directions: 4th street between 43rd and 58th Avenues, north into subdivision, right at stop sign, left around lake, property 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: 1999
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4880
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2026.0
  • Stories: 1
  • Window Features: Blinds, Casement Window(s)

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Cooling: Central Air, Electric, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Playground, Park, Sidewalks
  • Association Fee: 50.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Reserve Fund

Lot Info

  • Parcel #: 33391600009000000101.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3515.0
  • Tax Lot: 101
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
May 4, 2018
Sold by
Richerts John P and Richerts Susie L
Bought by
Testa Elizabeth O
Seller's Agent
Kathy Nystrom
Rennick Real Estate
Buyer's Agent
Steve Rennick
Rennick Real Estate
List Price
$309,900
Sold Price
$290,000
Premium/Discount to List
-$19,900
-6.42%
Current Estimated Value
$468,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,814
Avg. Annual Appreciation
6.66%
Original Mortgage
$275,500
Outstanding Balance
$201,321
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$267,493

Purchase Details

Listed on
Aug 7, 2012
Closed on
Oct 12, 2012
Sold by
Morris Roger J and Morris Jennifer M
Bought by
Richerts John P and Richerts Susie L
Seller's Agent
Judy Landgrave
Coldwell Banker Paradise
Buyer's Agent
Bill Baysura
Alex MacWilliam, Inc.
List Price
$220,000
Sold Price
$204,000
Premium/Discount to List
-$16,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$200,305
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2003
Sold by
Mallory Janice
Bought by
Morris Roger J and Morris Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2000
Sold by
Hughes Terry R and Hughes Danielle L
Bought by
Mallory Janice

Purchase Details

Closed on
Oct 1, 1998
Sold by
Stonebridge N Inc
Bought by
Hughes Terry R and Hughes Danielle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.96%
Source: Public Records

Range of Values:

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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
Testa Elizabeth O $290,000 Stewart Title Co
Richerts John P $204,000 Stewart Title Company
Morris Roger J $215,000 --
Mallory Janice $190,000 --
Hughes Terry R $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Testa Elizabeth O $275,500
Previous Owner Richerts John P $200,305
Previous Owner Morris Roger J $172,000
Previous Owner Hughes Terry R $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $290,000 -6.4% $143 / Sq Ft
04/04/2018 04/04/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $309,900 +51.9% $153 / Sq Ft
10/15/2012 10/15/12 Sold $204,000 -7.3% $101 / Sq Ft View Prior Sale
09/15/2012 09/15/12 Pending -- -- --
08/07/2012 08/07/12 For Sale $220,000 -- $109 / 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
2024 $2,533 $221,431 -- --
2023 $2,533 $208,923 $0 $0
2022 $2,462 $202,838 $0 $0
2021 $2,448 $196,930 $0 $0
2020 $2,433 $194,211 $0 $0
2019 $3,788 $239,756 $38,250 $201,506
2018 $3,551 $221,427 $38,250 $183,177
2017 $3,515 $223,461 $0 $0
2016 $3,204 $198,490 $0 $0
2015 $3,093 $186,160 $0 $0
2014 $2,715 $162,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 201358

APN: 33-39-16-00009-0000-00101.0