NOT LISTED FOR SALE

720 Grove Place Vero Beach, FL 32963

Estimated Value: $2,099,000 - $2,287,034

3 Beds
3.5 Baths
3,027 Sq Ft
$725/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $925,000 $306 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $12,175/month

771 Days on Market

Highlights

  • Lake Front
  • Beach Access
  • Fitness Center
  • Beachland Elementary School Rated A-
  • On Golf Course
  • Free Form Pool

About This Home

As of March 2019

Well appointed courtyard estate with golf & lake views. Featuring 3BR/3.5BA, incl. guest cabana with expanded living & bedroom. Custom built-ins, crown molding throughout, kitchen w/granite surfaces, French doors open to screened lanai & golfer's terrace. Inviting courtyard with pool/spa. Furniture avail. Golf Cart & 4 Bikes incl. in sale. Sizes deemed reliable but are subject to error.

Last Agent to Sell the Property

Scott Oberlink

One Sotheby's Int'l Realty License #0703997 Listed on: 01/06/2017

One Sotheby's Int'l Realty

Co-Listed By

Heidi Levy

Orchid Island Realty License #0186829

Last Buyer's Agent

Heidi Levy

Orchid Island Realty License #0186829

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,505

Year Built

  • Built in 1999

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 150
  • Home fronts a pond
  • Lake Front
  • On Golf Course
  • Southwest Facing Home

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Golf Course

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,027 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Double Hung Windows
  • French Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Free Form Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Screened Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 235
  • Assessor Parcel Number 31392200010000000235.0

Community Details

Overview

  • Association fees include common areas, pest control, security
  • Private Membership Available
  • Orchid Island Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,505

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.26
  • Lot Size: 75 x 150
  • Co List Office Mls Id: 0243
  • Co List Office Phone: 772-388-3888
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: Appointment Only! Located off A1A, 7/10's mile N. of CR510. Enter west gate, 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: 1999
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-388-3888
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Marble, Other
  • Interior Amenities: Built-in Features, Crown Molding, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 3027.0
  • Stories: 1
  • Window Features: Double Hung

Exterior Features

  • Lot Features: On Golf Course, 1/4 to 1/2 Acre Lot
  • Pool Features: Free Form, Other, Pool, Private, Community
  • Pool Private: Yes
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Pond, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Patio
  • Patio And Porch Features: Patio, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Club Membership Available, Clubhouse, Fitness, Other, Pool, Tennis Court(s), Trails/Paths
  • Association Fee: 857.5
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Pest Control, Security

Lot Info

  • Parcel #: 31392200010000000235.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14505.0
  • Tax Lot: 235
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2017
Closed on
Mar 19, 2019
Sold by
Bloom Barbara E and Bloom Gary
Bought by
Linburg Richard M and Linburg Virginia B
Seller's Agent
Scott Oberlink
One Sotheby's Int'l Realty
Buyer's Agent
Heidi Levy
Orchid Island Realty
List Price
$1,145,000
Sold Price
$925,000
Premium/Discount to List
-$220,000
-19.21%
Current Estimated Value
$2,034,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,109,244
Avg. Annual Appreciation
11.66%

Purchase Details

Closed on
May 22, 2007
Sold by
The P Kenny Angelucci Family Lp Ltd
Bought by
Bloom Barbara E and Bloom Gary

Purchase Details

Closed on
Jul 1, 2005
Sold by
Mayer George E and Mayer Marion W
Bought by
The P Kenny Angelucci Family Lp Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1998
Sold by
Orchid Island Prop Inc
Bought by
Mayer George E and Mayer Marion W
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
Linburg Richard M $925,000 Attorney
Bloom Barbara E $1,300,000 Attorney
The P Kenny Angelucci Family Lp Ltd $1,300,000 --
Mayer George E $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bloom Barbara E $350,000
Previous Owner The P Kenny Angelucci Family Lp Ltd $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $925,000 -19.2% $306 / Sq Ft
02/17/2019 02/17/19 Pending -- -- --
01/06/2017 01/06/17 For Sale $1,145,000 -- $378 / 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 $12,444 $980,571 -- --
2023 $12,444 $925,181 $0 $0
2022 $12,218 $898,234 $0 $0
2021 $12,510 $872,072 $0 $0
2020 $12,980 $864,313 $208,335 $655,978
2019 $13,848 $871,684 $208,335 $663,349
2018 $13,665 $855,237 $191,888 $663,349
2017 $14,505 $846,159 $0 $0
2016 $13,422 $838,790 $0 $0
2015 $12,601 $796,080 $0 $0
2014 -- $671,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Oberlink

    Seller's Agent in 2019

    Scott Oberlink

    One Sotheby's Int'l Realty

    (772) 643-3181

    40 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2019

    Heidi Levy

    Orchid Island Realty

    (772) 473-4311

    59 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 179877

APN: 31-39-22-00010-0000-00235.0

Florida Indian River County Vero Beach 32963

720 Grove Place, Vero Beach, FL

This home is located at 720 Grove Place, Vero Beach, FL 32963 since 06 January 2017 and is currently estimated at $2,194,259, approximately $724 per square foot. This property was built in 1999. 720 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.

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