NOT LISTED FOR SALE

700 Summerwood Ln SW Vero Beach, FL 32962

Estimated Value: $593,436 - $723,000

3 Beds
2 Baths
2,559 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 15, 2013

Last sale price $370,000 $145 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,832/month

466 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Gated with Attendant
  • Vero Beach High School Rated A-
  • Fitness Center
  • Heated Pool

About This Home

As of May 2013

Amazing views welcome you as soon as you open the door... whether inside or out. Expansive screened porch overlooks golf course & lake. Mother nature at its finest for Golfers & Non-Golfers alike! Home shows like a model - move right in and enjoy the good life! Large living areas & 3 bedrooms plus an office

Last Agent to Sell the Property

Peggy Hewett

Berkshire Hathaway Florida License #3215514 Listed on: 01/04/2012

Berkshire Hathaway Florida

Last Buyer's Agent

Peggy Hewett

Berkshire Hathaway Florida License #3215514 Listed on: 01/04/2012

Berkshire Hathaway Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 95x130
  • Home fronts a pond
  • Lake Front
  • On Golf Course
  • South Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Double Hung Windows
  • French Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 33393600006001000012.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, reserve fund, security
  • Indian River Club Subdivision

Recreation

  • Golf Course Community
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,221

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 95X130
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: INDIAN RIVER CLUB
  • Directions: US1 South - Right on Highlands Dr about 1 mi. Enter main gate to Indian River Club. Guard will direct.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1997
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-1270
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, Garden Tub/Roman Tub, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • Window Features: Double Hung, Single Hung

Exterior Features

  • Lot Features: On Golf Course, 1/4 to 1/2 Acre Lot
  • Pool Features: Community, Electric Heat, Heated, Pool
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Frame, Other
  • Direction Faces: South
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation
  • Patio And Porch Features: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Three Car Garage, Garage Door Opener, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned, Closed Circuit Camera(s), Gated with Guard, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Golf, Other, Pool
  • Association Fee: 769.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Other, Recreation Facilities, Reserve Fund, Security

Schools

  • Elementary School: Highlands Elementary
  • High School: Vero Beach High School
  • Middle Or Junior School: Oslo County Middle

Lot Info

  • Parcel #: 33393600006001000012.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4221.0
  • Tax Lot: 12
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2022
Sold by
Thompson Bryan Sally
Bought by
Sally T Bryan Revocable Living Trust
Current Estimated Value
$635,359

Purchase Details

Closed on
Feb 5, 2020
Sold by
Bryan Sally T
Bought by
Bryan Sally T and Sally T Bryan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2018
Sold by
Bryan Sally Thompson
Bought by
Bryan Sally T and Sally T Bryan Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2018
Sold by
Bryan Sally T and Bryan Rebvocable Livin Sally T
Bought by
Bryan Sally Thompson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 4, 2012
Closed on
May 10, 2013
Sold by
Walker Theodore G and Walker Patricia T
Bought by
Bryan Sally T
Seller's Agent
Peggy Hewett
Berkshire Hathaway Florida
Buyer's Agent
Peggy Hewett
Berkshire Hathaway Florida
List Price
$465,000
Sold Price
$370,000
Premium/Discount to List
-$95,000
-20.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$277,500
Interest Rate
2.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 21, 1997
Sold by
Indian River Club Ltd
Bought by
Walker Theodore G and Walker Patricia T
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
Sally T Bryan Revocable Living Trust -- Mead Dean
Sally T Bryan Revocable Living Trust -- Mead Dean
Bryan Sally T -- None Available
Bryan Sally T -- None Available
Bryan Sally T -- Attorney
Bryan Sally Thompson -- Attorney
Bryan Sally T $370,000 Island Title Agency Llc
Walker Theodore G $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bryan Sally T $286,000
Previous Owner Bryan Sally Thompson $290,000
Previous Owner Bryan Sally T $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2013 05/15/13 Sold $370,000 -20.4% $145 / Sq Ft
04/15/2013 04/15/13 Pending -- -- --
01/04/2012 01/04/12 For Sale $465,000 -- $182 / 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 $5,690 $463,857 -- --
2023 $5,690 $437,654 $0 $0
2022 $5,613 $424,906 $0 $0
2021 $5,608 $412,530 $59,500 $353,030
2020 $5,684 $412,595 $59,500 $353,095
2019 $5,774 $407,626 $0 $0
2018 $5,671 $395,985 $42,500 $353,485
2017 $5,824 $399,956 $0 $0
2016 $6,446 $396,150 $0 $0
2015 $6,132 $360,830 $0 $0
2014 $5,518 $329,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 124806

APN: 33-39-36-00006-0010-00012.0