NOT LISTED FOR SALE

7 Royal Palm Pointe Unit 2W Vero Beach, FL 32960

Estimated Value: $1,562,109 - $2,588,000

3 Beds
2.5 Baths
-- Sq Ft
1.33 Acres

Last Sold March 16, 2012

Last sale price $725,000

Est. 197% increase in value since last sale

Current estimated payment $12,339/month

349 Days on Market

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • Gas Heated Pool
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • 2-minute walk to Royal Palm Pointe Park

About This Home

As of March 2012

Endless south river views of the Intracoastal. This 3BR, 2.5BA is comprised of 3500s.f. and has been beautifully maintained. Highlights include an island kitchen, combined formal living and dining room overlooking a broad balcony through a wall of windows where river views take center stage. Amenities incl. heated pool & spa, concierge. Owner will consider trade. Elec.Hurricane Shutters

Last Agent to Sell the Property

Jane Schwiering

Premier Estate Properties License #0078839 Listed on: 03/02/2011

Last Buyer's Agent

Peggy Hewett

Berkshire Hathaway Florida License #3215514

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,920

Year Built

  • Built in 2005

Lot Details

  • Home fronts navigable water
  • River Front
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Assigned Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Insulated Windows
  • French Doors
  • Motion Detectors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • Seawall
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 32403100017000200002.1

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, reserve fund, sewer, security, trash, water
  • Royal Palm Pointe Subdivision
  • Handicap Modified Features In Community

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Bike Room
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Phone Entry
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,920

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: ROYAL PALM POINTE
  • Directions: Indian River Blvd - east on Royal Palm Pt to end; building on right.
  • Architectural Style: Multi-Family, Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Multi Family
  • Year Built: 2005
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Marble, Tile
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Crown Molding, Elevator, Jetted Tub, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 3
  • Window Features: Impact Glass, Insulated Windows, Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Gas Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco, Steel
  • Direction Faces: East
  • Exterior Features: Balcony, Sprinkler/Irrigation, Outdoor Shower, Storm/Security Shutters
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Assigned, Covered, Garage, Garage Door Opener

Utilities

  • Laundry Features: Common Area, Laundry Room, Laundry Tub, In Unit
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Motion Detectors, Phone Entry
  • Green Building Features: Reception Area
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Bicycle Storage, Elevator, Handicap Access, Sidewalks, Trash Chute, Water Access
  • Association Fee: 4000.0
  • Pets Allowed: Yes, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 32403100017000200002.1
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11920.0
  • Tax Lot: 2
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2013
Sold by
Wilt Walter W and Wilt Janet E
Bought by
Smith Vander Meulen Barry E and Smith Van Der Meulen Ellen C
Current Estimated Value
$2,154,527

Purchase Details

Listed on
Mar 2, 2011
Closed on
Mar 16, 2012
Sold by
Holm Barry W N and Holm Patricia H
Bought by
Wilt Walter W and Wilt Janet E
Seller's Agent
Jane Schwiering
Premier Estate Properties
Buyer's Agent
Peggy Hewett
Berkshire Hathaway Florida
List Price
$839,000
Sold Price
$725,000
Premium/Discount to List
-$114,000
-13.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.33%
Original Mortgage
$225,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2005
Sold by
Royal Palm Pointe Of Vero Llc
Bought by
Holm Barry W N and Holm Patricia H
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
Smith Vander Meulen Barry E $812,500 Attorney
Wilt Walter W $725,000 Attorney
Holm Barry W N $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilt Walter W $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2012 03/16/12 Sold $725,000 -13.6% --
02/15/2012 02/15/12 Pending -- -- --
03/02/2011 03/02/11 For Sale $839,000 -- --
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 $11,396 $812,255 -- --
2023 $11,396 $766,372 $0 $0
2022 $11,072 $744,050 $0 $0
2021 $10,939 $722,379 $0 $0
2020 $10,925 $712,405 $0 $0
2019 $10,962 $696,388 $0 $0
2018 $10,945 $683,403 $0 $0
2017 $10,873 $669,347 $0 $0
2016 $10,752 $655,580 $0 $0
2015 $11,019 $651,030 $0 $0
2014 $10,578 $645,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Jane Schwiering

    Premier Estate Properties

    (772) 473-6048

    8 in this area

    24 Total Sales

    Jane Schwiering
    Section Image

  • P

    Buyer's Agent in 2012

    Peggy Hewett

    Berkshire Hathaway Florida

    (772) 321-4282

    3 in this area

    75 Total Sales

    Peggy Hewett
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 117456

APN: 32-40-31-00017-0002-00002.1

Florida Indian River County Vero Beach 32960

7 Royal Palm Pointe Unit 2W, Vero Beach, FL

This home is located at 7 Royal Palm Pointe Unit 2W, Vero Beach, FL 32960 since 02 March 2011 and is currently estimated at $2,154,527. This property was built in 2005. 7 Royal Palm Pointe Unit 2W is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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