NOT LISTED FOR SALE

540 7th Square Unit 101 Vero Beach, FL 32962

Estimated Value: $214,000 - $226,000

2 Beds
2 Baths
1,323 Sq Ft
2005 Built

Last Sold May 29, 2024

Last sale price $225,000 $170 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,389/month

13 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Vero Beach High School Rated A-
  • Home fronts a pond
  • High Ceiling

About This Home

As of May 2024

Welcome home to this wonderfully kept, ground-level end unit condo with more natural lighting than most units, no unit above you for added peace, beautiful, oversized paver patio with gorgeous views of the fountain and water. Spacious split plan w/ tall ceilings, a large living room, long views out overlooking the water from your living room & primary bedrooms. All new Kitchen appliances with brushed Stainless-steel finishes, cabinets freshly painted. The owners' suite is oversized. Outstanding location/proximity to beaches, and shopping.

Last Agent to Sell the Property

Moe Mossa

Savvy Avenue LLC License #3432985 Listed on: 05/01/2024

Last Buyer's Agent

Gary Altizer

LOKATION License #0707870

LOKATION

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 2005

Lot Details

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

Parking

  • 1 Car Garage

Interior Spaces

  • 1,323 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Sliding Doors
  • Lake Views

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33391300032014000101.0

Community Details

Overview

  • Fountainhead Association
  • Fountainhead Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,831

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Fountainhead
  • Directions: From FL-60, right onto 66th Ave, left onto 8th St, right onto 6th Ave, left onto 7th square SW
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 2005
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Attached
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: High Ceilings
  • Living Area: 1323.0
  • Stories: 2
  • Window Features: None
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: Other
  • Pool Features: None, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: Northeast
  • Exterior Features: Sprinkler/Irrigation
  • Roof: Other

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Other, Pool
  • Association Fee: 756.0
  • Association Name: Fountainhead
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 33391300032014000101.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2831.0
  • Tax Lot: 0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 29, 2024
Sold by
540 7Th Square Unit 101 Land Trust and Mariel Management Inc
Bought by
Horsley Christopher S
Seller's Agent
Moe Mossa
Savvy Avenue LLC
Buyer's Agent
Gary Altizer
LOKATION
List Price
$232,500
Sold Price
$225,000
Premium/Discount to List
-$7,500
-3.23%
Views
41
Current Estimated Value
$219,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,203
Avg. Annual Appreciation
-1.63%

Purchase Details

Listed on
Aug 31, 2018
Closed on
Feb 8, 2019
Sold by
Kutrufis Melynnie J
Bought by
Mariel Management Inc and The 540 7Th Square Unit 101 Land Trust
Seller's Agent
Vance Brinkerhoff
Coldwell Banker Paradise
Buyer's Agent
Vance Brinkerhoff
Coldwell Banker Paradise
List Price
$190,000
Sold Price
$155,000
Premium/Discount to List
-$35,000
-18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%

Purchase Details

Listed on
Dec 14, 2012
Closed on
Feb 26, 2013
Sold by
Serpa Herbert J
Bought by
Crabtree Wayne O
Buyer's Agent
Vance Brinkerhoff
Coldwell Banker Paradise
List Price
$119,900
Sold Price
$113,500
Premium/Discount to List
-$6,400
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
May 24, 2006
Sold by
Herbert J Serpa Living Trust
Bought by
Serpa Herbert J and Serpa Doreen

Purchase Details

Closed on
Aug 19, 2005
Sold by
Fountainhead Development Associates Ltd
Bought by
Serpa Herbert J
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Horsley Christopher S $225,000 None Listed On Document
Mariel Management Inc $155,000 First American Title Ins Co
Crabtree Wayne O $113,500 Stewart Title Company
Serpa Herbert J -- Attorney
Serpa Herbert J $186,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2024 05/29/24 Sold $225,000 -3.2% $170 / Sq Ft
05/14/2024 05/14/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $232,500 +50.0% $176 / Sq Ft
02/08/2019 02/08/19 Sold $155,000 -18.4% $117 / Sq Ft View Prior Sale
01/09/2019 01/09/19 Pending -- -- --
08/31/2018 08/31/18 For Sale $190,000 +67.4% $144 / Sq Ft
02/26/2013 02/26/13 Sold $113,500 -5.3% $86 / Sq Ft View Prior Sale
01/27/2013 01/27/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $119,900 -- $91 / 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 $2,831 $220,835 -- $220,835
2023 $2,831 $176,414 $0 $0
2022 $2,454 $176,048 $0 $176,048
2021 $2,221 $145,796 $0 $145,796
2020 $2,246 $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 $2,081 $126,230 $0 $0
2015 $1,978 $114,750 $0 $0
2014 $1,768 $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: 277888

APN: 33-39-13-00032-0140-00101.0