NOT LISTED FOR SALE

709 Grove Place Vero Beach, FL 32963

Estimated Value: $4,761,000 - $7,908,000

4 Beds
6.5 Baths
6,234 Sq Ft
$993/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $4,462,000 $716 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $38,578/month

110 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Fitness Center
  • Beachland Elementary School Rated A-
  • Home fronts navigable water
  • Intracoastal View

About This Home

As of February 2020

Exquisite riverfront estate w/private dock & direct Intracoastal access. Architectural details thru-out w/high ceilings, wood & limestone floors. 4BR/6.5BA/Study, elegant DR w/hand painted mural, gourmet kit., proj. rm, pet rm & fitness rm. Balcony off master overlooks river. Tropical outdoor living area w/custom pool, standalone cabana w/fireplace. Sizes deemed reliable/subj. to error.

Last Agent to Sell the Property

Anne Torline

Orchid Island Realty License #3329224 Listed on: 10/10/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,812

Year Built

  • Built in 2003

Lot Details

  • 0.81 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Sprinkler System
  • Property is zoned RS-3

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway

Property Views

  • Intracoastal
  • River
  • Pool

Home Design

  • Frame Construction

Interior Spaces

  • 6,234 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Den
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Co-Op Membership Included
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 31392200011000000250.0

Community Details

Overview

  • Private Membership Available
  • Orchid Island Plat 18 Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Bike Room

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Trails

Security

  • Gated with Attendant
  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,812

Year Built

Built in 2003

Lot Details

0

HOA Fees

$358 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Located off A1A, 7/10 mile North of SR 510. Enter west gate, guard will direct.
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Fireplace, High Ceilings, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Slate, Tile, Wood
  • Living Area: 6234.0
  • Dining Room Type: Den, Laundry
  • Stories: 2
  • Window Features: Drapes

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Intercoastal, Pool, River
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces

Utilities

  • Security: Security System, Closed Circuit Camera(s), Gated with Guard, Key Card Entry
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 358.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Fitness Center, Golf, Golf Course Community, Game Room, Pickleball, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Golf Course, Pickleball, Private Membership, Tennis Court(s), Trail(s), Trash
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 31392200011000000250.0
  • Lot Size Sq Ft: 35284.0
  • Zoning Description: RS-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 35812.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2019
Closed on
Feb 28, 2020
Sold by
Mckinley William F and Mckinley Celeste J
Bought by
Jones Stephen C and Jones Jane E
Seller's Agent
Anne Torline
Orchid Island Realty
List Price
$5,200,000
Sold Price
$4,462,000
Premium/Discount to List
-$738,000
-14.19%
Current Estimated Value
$6,187,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,725,439
Avg. Annual Appreciation
6.43%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Mitchell Lawrence W and Mitchell Ramona R
Bought by
Mckinley William F and Mckinley Celeste J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$690,883
Interest Rate
6.72%

Purchase Details

Closed on
Jun 3, 1998
Sold by
Orchid Island Prop Inc
Bought by
Mitchell Lawrence W and Mitchell Ramona R
Source: Public Records

Range of Values:

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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
Jones Stephen C $4,462,000 Attorney
Mckinley William F $755,000 --
Mitchell Lawrence W $699,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinley William F $1,000,000
Previous Owner Mckinley Willaim F $1,500,000
Previous Owner Mckinley William F $2,500,000
Previous Owner Mckinley William F $626,800
Previous Owner Mckinley William F $690,883
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $4,462,000 0.0% $716 / Sq Ft
02/28/2020 02/28/20 Sold $4,462,000 -14.2% $716 / Sq Ft
01/29/2020 01/29/20 Pending -- -- --
01/29/2020 01/29/20 Pending -- -- --
10/10/2019 10/10/19 For Sale $5,200,000 0.0% $834 / Sq Ft
02/25/2019 02/25/19 For Sale $5,200,000 -- $834 / Sq Ft
Source: BeachesMLS

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 $52,118 $4,010,648 -- --
2023 $52,118 $3,784,094 $0 $0
2022 $51,225 $3,673,878 $1,225,301 $2,448,577
2021 $53,024 $3,598,114 $1,225,301 $2,372,813
2020 $36,715 $2,347,077 $1,061,927 $1,285,150
2019 $37,305 $2,361,200 $1,061,927 $1,299,273
2018 $37,262 $2,344,863 $1,045,590 $1,299,273
2017 $40,243 $2,358,985 $0 $0
2016 $37,286 $2,302,020 $0 $0
2015 $36,392 $2,272,910 $0 $0
2014 $31,642 $1,983,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2020

    Heidi Levy

    Orchid Island Realty

    (772) 473-4311

    59 Total Sales

    Section Image

  • A

    Seller's Agent in 2020

    Anne Torline

    Orchid Island Realty

    (561) 635-9135

    56 Total Sales

    Section Image

  • N

    Buyer's Agent in 2020

    Nancy Hardy

    Premier Estate Properties

    (772) 321-8300

    18 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10568530

BeachesMLS

APN: 31-39-22-00011-0000-00250.0

Florida Indian River County Vero Beach 32963

709 Grove Place, Vero Beach, FL

This home is located at 709 Grove Place, Vero Beach, FL 32963 since 10 October 2019 and is currently estimated at $6,187,439, approximately $992 per square foot. This property was built in 2003. 709 Grove Place is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Sebastian River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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