NOT LISTED FOR SALE

540 Grove Isle Cir Unit 105 Vero Beach, FL 32962

Florida Ridge Neighborhood

Estimated Value: $204,000 - $260,000

2 Beds
2 Baths
1,356 Sq Ft
47 Acres

Last Sold May 17, 2022

Last sale price $225,000 $166 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,453/month

5 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Outdoor Pool
  • Fitness Center
  • Home fronts a pond
  • Senior Community

About This Home

As of May 2022

Highly sought after 1st floor 2/2 lakefront condo in the gated Grove Isle Community w beautiful sunrises over the lake! Accordion & rolldown shutters throughout, wood plank style tile flooring through most rooms, a newer A/C, new carpet in one bedroom, updated bathroom vanities & more. Great 55+ community features 2 pools & clubhouses, tennis, exercise, nature trail & kayak launch!

Last Agent to Sell the Property

Steve Rennick

Rennick Real Estate License #3058135 Listed on: 04/11/2022

Last Buyer's Agent

Juan Garcia

Weichert REALTORS Hallmark-VB License #3247349

Weichert REALTORS Hallmark-VB

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,013

Year Built

  • Built in 1989

Lot Details

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

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Pool

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33403000008000154010.5

Community Details

Overview

  • Senior Community
  • Association fees include common areas, cable TV, ground maintenance, maintenance structure, recreation facilities, reserve fund, sewer, security, water
  • Elliott Merrill Association
  • Grove Isle Condo Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,013

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Ownership: Condo
  • Subdivision Name: Grove Isle Condo
  • Directions: Head south of Oslo Rd on US-1 to entrance of Grove Isle Community on east side of road. Guard gate will direct you to building 540.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1989
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-562-5015
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 1356.0
  • Stories: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Parking Features: Assigned, Carport, One Space

Utilities

  • Laundry Features: Laundry Closet
  • Security: Gated with Guard
  • 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, Property Manager On-Site, Shuffleboard, Sidewalks, Tennis Court(s), Trails/Paths, Pool
  • Senior Community: Yes
  • Association Fee: 410.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Security, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33403000008000154010.5
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1013.0
  • Tax Lot: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
May 16, 2022
Sold by
Helen Burkhart
Bought by
Schmidt Richard and Marek Holly
Seller's Agent
Steve Rennick
Rennick Real Estate
Buyer's Agent
Juan Garcia
Weichert REALTORS Hallmark-VB
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$220,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,044
Avg. Annual Appreciation
-0.56%

Purchase Details

Listed on
Dec 17, 2014
Closed on
Mar 27, 2015
Sold by
Livi Freedman Ilene S and Livi Rita R Nodelman Revocable
Bought by
Burkhart Helen and Burkhart Norman
List Price
$119,500
Sold Price
$105,000
Premium/Discount to List
-$14,500
-12.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.28%
Original Mortgage
$84,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Nodelman Rita R and Nodelman Irving M
Bought by
Livi Nodelman Rita R and Livi Rita R Nodelman Revocable
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
Schmidt Richard $225,000 Premier Title
Burkhart Helen $105,000 Oceanside Title & Escrow
Livi Nodelman Rita R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burkhart Helen $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $225,000 0.0% $166 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $225,000 +114.3% $166 / Sq Ft
04/01/2015 04/01/15 Sold $105,000 -12.1% $77 / Sq Ft
03/02/2015 03/02/15 Pending -- -- --
12/17/2014 12/17/14 For Sale $119,500 -- $88 / 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 $2,796 $192,759 -- $192,759
2023 $2,796 $192,759 $0 $192,759
2022 $1,031 $117,998 $0 $0
2021 $1,013 $114,561 $0 $0
2020 $1,000 $112,979 $0 $0
2019 $1,167 $110,439 $0 $0
2018 $1,150 $108,380 $0 $108,380
2017 $1,166 $108,380 $0 $0
2016 $1,798 $108,380 $0 $0
2015 $432 $65,280 $0 $0
2014 -- $64,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Rennick

    Seller's Agent in 2022

    Steve Rennick

    Rennick Real Estate

    (772) 539-7200

    62 in this area

    364 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Juan Garcia

    Weichert REALTORS Hallmark-VB

    (772) 494-0406

    5 in this area

    21 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 253482

APN: 33-40-30-00008-0001-54010.5

Florida Indian River County Vero Beach 32962 Florida Ridge

540 Grove Isle Cir Unit 105, Vero Beach, FL

This home is located at 540 Grove Isle Cir Unit 105, Vero Beach, FL 32962 since 11 April 2022 and is currently estimated at $220,956, approximately $162 per square foot. This property was built in 1989. 540 Grove Isle Cir Unit 105 is a home located in Indian River County with nearby schools including Indian River Academy, Oslo Middle School, and Vero Beach High School.

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