$132,000
SOLD OCT 4, 2013

5870 40th Ln Vero Beach, FL 32966

3 Beds
2 Baths
1,810 Sq Ft
0.29 Acres

Recently Sold

$73 Per Sq Ft

17% Below List Price

231 Days on Market

Highlights

  • Free Form Pool
  • Vaulted Ceiling
  • Enclosed patio or porch
  • Vero Beach High School Rated A-
  • Garden View
  • Skylights

About This Home

As of May 2025

Short Sale. 3/2/2 pool home in desirable subdivision. Spacious interior, split bedroom plan, vaulted ceilings! Screened pool and lanai area. Lots of potential here. Large master with walk-in closet and view of pool area! Inside laundry room too! FPL, county water.

Last Agent to Sell the Property

Mark Seeberg

Berkshire Hathaway Florida License #0639983 Listed on: 01/15/2013

Berkshire Hathaway Florida

Last Buyer's Agent

Barry Trammell

Trammell Realty License #3109747

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,096

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 85x149
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Sliding Doors
  • Garden Views
  • Hurricane or Storm Shutters

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

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
  • Screen Enclosure

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Association fees include common areas
  • Sylvan Lakes Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 32392900008000000003.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,096

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 85x149
  • Ownership: Single Family/Other
  • Subdivision Name: SYLVAN LAKES
  • Directions: 58th Ave to 41st St. West on 41st St to left into Sylvan Lakes, then right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1991
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-1270
  • Special Features: 12
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: High Ceilings, Pantry, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung, Skylight(s)

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Other, Pool, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Direction Faces: South
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Porch, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Community Features: None, Gutter(s)
  • Association Fee: 50.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 32392900008000000003.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2096.0
  • Tax Lot: 3
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
May 12, 2025
Sold by
Noonan Pilar V and Noonan James Michael
Bought by
Bush Mark D and Bush Heather L
Seller's Agent
Gail Bradley
Keller Williams Realty of VB
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$450,000
Sold Price
$427,200
Premium/Discount to List
-$22,800
-5.07%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.62%
Original Mortgage
$405,840
Outstanding Balance
$405,840
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$42,948

Purchase Details

Listed on
Jan 15, 2013
Closed on
Oct 4, 2013
Sold by
Oliver Michael C and Oliver Dawn A
Bought by
Noonan Pilar
Seller's Agent
Mark Seeberg
Berkshire Hathaway Florida
Buyer's Agent
Barry Trammell
Trammell Realty
List Price
$159,900
Sold Price
$132,000
Premium/Discount to List
-$27,900
-17.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.65%
Original Mortgage
$117,521
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 16, 2005
Sold by
Long William J and Long Amy J
Bought by
Oliver Michael C and Oliver Dawn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,200
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $427,200 Investors Title Insurance Agen
Warranty Deed $132,000 Attorney
Warranty Deed $289,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,840 New Conventional
Previous Owner $83,400 Credit Line Revolving
Previous Owner $118,551 New Conventional
Previous Owner $117,521 FHA
Previous Owner $231,200 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $427,200 -5.1% $236 / Sq Ft
03/21/2025 03/21/25 For Sale $450,000 +240.9% $249 / Sq Ft
10/04/2013 10/04/13 Sold $132,000 -17.4% $73 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
01/15/2013 01/15/13 For Sale $159,900 -- $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 $1,765 $162,999 -- --
2023 $1,765 $153,791 $0 $0
2022 $1,712 $149,312 $0 $0
2021 $1,692 $144,963 $0 $0
2020 $1,677 $142,962 $0 $0
2019 $1,670 $139,748 $0 $0
2018 $1,650 $137,143 $0 $0
2017 $1,627 $134,322 $0 $0
2016 $1,601 $131,560 $0 $0
2015 $1,656 $130,650 $0 $0
2014 $1,599 $129,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gail Bradley

    Seller's Agent in 2025

    Gail Bradley

    Keller Williams Realty of VB

    (772) 766-6445

    39 Total Sales

    Gail Bradley
    Section Image

  • N

    Buyer's Agent in 2025

    NON-MLS AGENT

    NON MLS

  • M

    Seller's Agent in 2013

    Mark Seeberg

    Berkshire Hathaway Florida

    (772) 696-0651

    117 Total Sales

    Mark Seeberg
    Section Image
  • Barry Trammell

    Buyer's Agent in 2013

    Barry Trammell

    Trammell Realty

    (772) 360-8572

    3 Total Sales

    Barry Trammell
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 133804

APN: 32-39-29-00008-0000-00003.0

Florida Indian River County Vero Beach 32966

5870 40th Ln, Vero Beach, FL

This home is located at 5870 40th Ln, Vero Beach, FL 32966 and is currently priced at $132,000, approximately $72 per square foot. This property was built in 1991. 5870 40th Ln is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Vero Beach High School.

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