NOT LISTED FOR SALE

540 Banyan Rd Vero Beach, FL 32963

Estimated Value: $1,032,000 - $1,141,000

3 Beds
2 Baths
1,726 Sq Ft
$632/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $607,500 $352 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,374/month

228 Days on Market

Highlights

  • Free Form Pool
  • Vaulted Ceiling
  • Pool View
  • Beachland Elementary School Rated A-
  • 1 Fireplace
  • Furnished

About This Home

As of January 2018

It's all about the Location! Walk to the beach and parks. 4 car garage, high wood ceilings. Perfect Florida indoor/outdoor living with a beautiful covered lanai to enjoy your pool and spa! 3BR/2BA over 2800 gross SQ Ft. No septic on city sewer. Sizes are approx/subj to error.

Last Agent to Sell the Property

Karen Burke

Dale Sorensen Real Estate Inc. License #0651112 Listed on: 05/03/2017

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Lauren Connolly

Custom Real Estate Srvcs IRC License #0462425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,797

Year Built

  • Built in 1957

Lot Details

  • Lot Dimensions are 100x140
  • North Facing Home

Parking

  • 4 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Furnished
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Hung Windows
  • Blinds
  • French Doors
  • Tile Flooring
  • Pool Views

Kitchen

  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Free Form Pool
  • Outdoor Pool
  • Outdoor Shower
  • Screen Enclosure

Outdoor Features

  • One Fixed Bridge
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • Vero Beach Estates Subdivision

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 32403200006012000006.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,797

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 100x140
  • Ownership: Single Family/Other
  • Subdivision Name: Vero Beach Estates
  • Directions: Turn West on Banyan from A1A north of Beachland.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1957
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Blinds, Double Hung

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Other, Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: Fixed Bridge
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Enclosed Porch, Outdoor Shower, Porch, Propane Tank - Owned
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Pets Allowed: Yes

Schools

  • Elementary School: Beachland Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Gifford Middle

Lot Info

  • Parcel #: 32403200006012000006.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3797.0
  • Tax Lot: 6
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jan 12, 2018
Sold by
Wiltshire Wayne G
Bought by
Elenbaum Shelley L
Seller's Agent
Karen Burke
Dale Sorensen Real Estate Inc.
Buyer's Agent
Lauren Connolly
Custom Real Estate Srvcs IRC
List Price
$650,000
Sold Price
$607,500
Premium/Discount to List
-$42,500
-6.54%
Current Estimated Value
$1,091,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,641
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Nov 12, 2009
Sold by
Wiltshire Wayne and Wiltshire Elizabeth
Bought by
Wiltshire Wayne G and The Wayne G Wiltshire Living Trust

Purchase Details

Closed on
Jul 20, 2009
Sold by
Wiltshire Wayne G
Bought by
Wiltshire Wayne G and The Wayne G Wiltshire Living Trust

Purchase Details

Closed on
Mar 22, 2007
Sold by
Kennedy Martha K and Kennedy Martha Kalil
Bought by
Wiltshire Wayne and Wiltshire Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2006
Sold by
Kennedy Joseph and Kennedy Martha K
Bought by
Kennedy Martha Kalil

Purchase Details

Closed on
Jul 30, 1998
Sold by
Horsley L Herbert and Horsley Emelie L
Bought by
Kennedy Joseph and Kennedy Martha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
6.94%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Elenbaum Shelley L $607,500 Oceanside Title & Escrow Inc
Wiltshire Wayne G -- Attorney
Wiltshire Wayne G -- Attorney
Wiltshire Wayne $470,000 Elite Title Of The Treasure
Kennedy Martha Kalil $69,400 Elite Title Of The Treasure
Kennedy Joseph $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wiltshire Wayne $270,000
Previous Owner Kennedy Joseph $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2018 01/17/18 Sold $607,500 -6.5% $352 / Sq Ft
12/18/2017 12/18/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $650,000 -- $377 / 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 $7,481 $542,399 -- --
2023 $7,481 $511,759 $0 $0
2022 $7,263 $496,853 $0 $0
2021 $7,161 $482,382 $0 $0
2020 $7,144 $475,722 $277,440 $198,282
2019 $7,338 $475,757 $277,440 $198,317
2018 $3,886 $263,311 $0 $0
2017 $3,849 $257,895 $0 $0
2016 $3,797 $252,590 $0 $0
2015 $3,891 $250,840 $0 $0
2014 $3,723 $248,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Karen Burke

    Dale Sorensen Real Estate Inc.

    (772) 532-8896

    5 in this area

    21 Total Sales

    Karen Burke
    Section Image
  • Lauren Connolly

    Buyer's Agent in 2018

    Lauren Connolly

    Custom Real Estate Srvcs IRC

    (772) 231-3227

    12 in this area

    70 Total Sales

    Lauren Connolly
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 188422

APN: 32-40-32-00006-0120-00006.0

Florida Indian River County Vero Beach 32963

540 Banyan Rd, Vero Beach, FL

Not Listed for Sale

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