NOT LISTED FOR SALE

540 7th Square Unit 103 Vero Beach, FL 32962

Estimated Value: $192,282 - $241,000

2 Beds
2 Baths
1,095 Sq Ft
2005 Built

Last Sold May 19, 2020

Last sale price $150,000 $137 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,255/month

13 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Outdoor Pool
  • Vero Beach High School Rated A-
  • Home fronts a pond
  • Gated Community

About This Home

As of May 2020

Best deal in the sought after Fountainhead neighborhood! Great opportunity to own a qualitly 2/2 first floor condo w private garage, located just mintues from all that Vero has to offer! This 1st floor unit offers private lake & nature preserve views. Features include impact windows, split floor plan, community pool & fitness center, along with the comfort of being in a gated community!

Last Agent to Sell the Property

Steve Rennick

Rennick Real Estate License #3058135 Listed on: 04/05/2020

Last Buyer's Agent

Ron J. Rennick Jr.

Rennick Real Estate Island Ofc License #0639930

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,925

Year Built

  • Built in 2005

Lot Details

  • Home fronts a pond
  • Lake Front
  • North Facing Home

Parking

  • 1 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,095 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33391300032014000103.0

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, security, trash
  • Fountainhead Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,925

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Fountainhead
  • Directions: From Indian River Blvd- Fountainhead entrance on west side of road between 8th and 12th street. Enter code and turn right to uilding 540 and unit 103. Lockbox left of door hose bib.
  • Architectural Style: Two Story, One Story
  • Garage Yn: Yes
  • Unit Levels: One, Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 2005
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-562-5015
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • 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: Master Downstairs, Split Bedrooms
  • Living Area: 1095.0
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Patio, Rain Gutters
  • Patio And Porch Features: Patio
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Gated Community, Smoke Detector(s)
  • 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, Gutter(s), Pool
  • Association Fee: 328.09
  • Pets Allowed: Yes, Number Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Security, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33391300032014000103.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1925.0
  • Tax Lot: N/A
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2020
Closed on
May 18, 2020
Sold by
Goebel Richard T and Oess Joseph M
Bought by
Bolton Lisa L and Vachon Dane C
Seller's Agent
Steve Rennick
Rennick Real Estate
Buyer's Agent
Ron J. Rennick Jr.
Rennick Real Estate Island Ofc
List Price
$150,000
Sold Price
$150,000
Current Estimated Value
$213,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,071
Avg. Annual Appreciation
6.65%

Purchase Details

Closed on
Aug 24, 2005
Sold by
Fountainhead Development Associates Ltd
Bought by
Goebel Richard T and Oess Joseph M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,400
Interest Rate
5.9%
Mortgage Type
Fannie Mae Freddie Mac
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
Bolton Lisa L $150,000 Attorney
Goebel Richard T $165,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goebel Richard T $132,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2020 05/19/20 Sold $150,000 0.0% $137 / Sq Ft
04/19/2020 04/19/20 Pending -- -- --
04/05/2020 04/05/20 For Sale $150,000 -- $137 / 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 $1,638 $157,857 -- --
2023 $1,638 $148,940 $0 $0
2022 $1,587 $144,602 $0 $0
2021 $1,572 $140,390 $0 $140,390
2020 $1,963 $140,390 $0 $140,390
2019 $1,925 $140,390 $0 $140,390
2018 $1,869 $140,390 $0 $140,390
2017 $1,778 $133,705 $0 $0
2016 $1,649 $121,550 $0 $0
2015 $1,577 $110,500 $0 $0
2014 $1,412 $100,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 231570

APN: 33-39-13-00032-0140-00103.0