NOT LISTED FOR SALE

5865 40th Ln Vero Beach, FL 32966

Estimated Value: $407,188 - $467,000

3 Beds
2 Baths
2,045 Sq Ft
$218/Sq Ft Est. Value

Last Sold December 23, 2020

Last sale price $310,000 $152 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,507/month

Highlights

  • Lake Front
  • Home fronts a pond
  • Roman Tub
  • Vero Beach High School Rated A-
  • Vaulted Ceiling
  • Hurricane or Storm Shutters

About This Home

As of December 2020

Water Front Home with a tropical setting. Kitchen features new custom wood cabinetry, granite countertops & SS appliances. Owners retreat has walk in closet, his & hers vanities, soaking tub and separate shower. Home features tall cathedral ceilings, mostly tile flooring,indoor laundry w/ washer & dryer, ample storage space. large screened in patio overlooks serene lake setting.

Last Agent to Sell the Property

Susan Filebark

Overstreet Real Estate Inc License #3058309 Listed on: 11/08/2020

Last Buyer's Agent

Jeffrey Van Dyke

Billero & Billero Properties License #3228925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1995

Lot Details

  • 0.3 Acre Lot
  • Home fronts a pond
  • Lake Front
  • North Facing Home
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,045 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • French Doors
  • Sliding Doors
  • Tile Flooring
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Sylvan Lakes Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 32392900008000000009.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,549

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 13068
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Sylvan Lakes
  • Directions: From Hwy 60, South on 58th, West on 41st, First left into Sylvan Lakes, Right on 40th Lane, House is on Left.
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1995
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 407-595-5546
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Range, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors, Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 2045.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Stucco
  • Direction Faces: North
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Name: none
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32392900008000000009.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1549.0
  • Tax Lot: 9
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2020
Closed on
Dec 29, 2020
Sold by
Mulling James W and Mulling Lorrin Eugene
Bought by
Kiser James C and Kiser Victoria L
Seller's Agent
Susan Filebark
Overstreet Real Estate Inc
Buyer's Agent
Jeffrey Van Dyke
Billero & Billero Properties
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$445,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,797
Avg. Annual Appreciation
7.91%

Purchase Details

Closed on
Jan 25, 2018
Sold by
Mullins Lorrin E and Mullins Marry Lynn
Bought by
Mullins Lorrin Eugene and Lorrin Eugen Mullins Revocable Trust

Purchase Details

Closed on
Jun 1, 2012
Sold by
Koch Julian and Koch Janina U
Bought by
Mullins Lorrin E and Mullins Mary Lynn

Purchase Details

Closed on
Aug 22, 2007
Sold by
Hawk Joseph H and Hawk Marion G
Bought by
Koch Julian and Koch Janina U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.75%
Mortgage Type
Stand Alone First
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
Kiser James C $310,000 Elite Ttl Of Treasure Coast
Mullins Lorrin Eugene -- Attorney
Mullins Lorrin E $209,000 Professional Title
Koch Julian $225,000 Professional Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koch Julian $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2020 12/23/20 Sold $310,000 -4.6% $152 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/08/2020 11/08/20 For Sale $325,000 -- $159 / 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 $1,729 $221,632 -- --
2023 $1,729 $209,112 $0 $0
2022 $1,722 $203,022 $0 $0
2021 $1,706 $197,109 $0 $0
2020 $1,559 $139,943 $0 $0
2019 $1,549 $136,796 $0 $0
2018 $1,528 $134,245 $0 $0
2017 $1,504 $131,484 $0 $0
2016 $1,477 $128,780 $0 $0
2015 $1,527 $127,890 $0 $0
2014 $1,472 $126,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 237416

APN: 32-39-29-00008-0000-00009.0