NOT LISTED FOR SALE

724 Grove Place Vero Beach, FL 32963

Estimated Value: $1,605,000 - $2,020,900

3 Beds
4.5 Baths
2,977 Sq Ft
$634/Sq Ft Est. Value

Last Sold April 11, 2022

Last sale price $1,475,000 $495 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $11,720/month

253 Days on Market

Highlights

  • Beach Access
  • On Golf Course
  • Gated with Attendant
  • Beachland Elementary School Rated A-
  • Fitness Center
  • Cabana

About This Home

As of April 2022

Lovely courtyard home,3BR + den, w/lake and golf views. Private pool/spa, lush landscaping. Wonderful community amenities. Membership required. Sizes approx/subj to error. One-time capital contribution $8000 fee due at closing. Purchase is subject to rental agreement until 10/15/22. Annual CA $4218, Qrtly Grove Pl fee $1757.

Last Agent to Sell the Property

Joan Cook

Dale Sorensen Real Estate Inc. License #3053114 Listed on: 07/01/2021

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,960

Year Built

  • Built in 2000

Lot Details

  • Lot Dimensions are 85x150
  • On Golf Course
  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,977 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • 1 Fireplace
  • Blinds

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 233
  • Assessor Parcel Number 31392200010000000233.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, pest control, pool(s), recreation facilities, security, trash
  • Private Membership Available
  • Orchid Island Comm Assoc Association
  • Orchid Island Subdivision

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,960

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 85x150
  • Ownership: Single Family/Other
  • Subdivision Name: Orchid Island
  • Directions: North on A1A to Orchid Island. 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: 2000
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Slate, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Crown Molding, High Ceilings, Kitchen Island, Split Bedrooms
  • Living Area: 2977.0
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: On Golf Course, 1/4 to 1/2 Acre Lot
  • Pool Features: Gas Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Golf Course, Pool, Lake
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation
  • Other Structures: Cabana
  • Patio And Porch Features: Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Driveway, Garage

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated with Guard, Security Guard
  • 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: Club Membership Available, Fitness, Golf, Other, Tennis Court(s)
  • Association Fee: 937.16
  • Association Name: Orchid Island Comm Assoc
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Security, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392200010000000233.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9960.0
  • Tax Lot: 233
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Apr 11, 2022
Sold by
Timothy M Morgan Revocable Living Trust
Bought by
Carter Joseph S and Carter Jane E
Seller's Agent
Joan Cook
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$1,525,000
Sold Price
$1,475,000
Premium/Discount to List
-$50,000
-3.28%
Current Estimated Value
$1,888,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,475
Avg. Annual Appreciation
8.82%

Purchase Details

Listed on
Dec 17, 2020
Closed on
Feb 19, 2021
Sold by
Hankins John L and Carol P Hankins Revocable Trus
Bought by
Morgan Timothy M and Morgan Timothy M
Seller's Agent
Anne Torline
Orchid Island Realty
List Price
$995,000
Sold Price
$937,500
Premium/Discount to List
-$57,500
-5.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.82%
Original Mortgage
$750,000
Interest Rate
2.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2018
Sold by
Platt Robert H and The Robert H Platt Revocable T
Bought by
Hankins Carol P and The Carol P Hankins Revocable

Purchase Details

Closed on
Jan 23, 2008
Sold by
Boehler M C
Bought by
Hankins John L and Hankins Carol P

Purchase Details

Closed on
Nov 22, 2000
Sold by
Watkins Marilyn M
Bought by
Watkins Marilyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.82%

Purchase Details

Closed on
Jul 21, 1999
Sold by
Watkins J Morris and Watkins Marilyn M
Bought by
Watkins J Morris

Purchase Details

Closed on
May 14, 1999
Sold by
Orchid Island Prop Inc
Bought by
Watkins J Morris and Watkins Marilyn M
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
Carter Joseph S $1,475,000 Christopher J Twohey Pa
Morgan Timothy M -- Attorney
Morgan Timothy M $937,500 Attorney
Hankins Carol P $295,000 Elite Title
Hankins John L $845,000 Attorney
Watkins Marilyn M -- --
Watkins Marilyn M $382,500 --
Watkins J Morris -- --
Watkins J Morris $189,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Timothy M $750,000
Previous Owner Watkins Marilyn M $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2022 04/11/22 Sold $1,475,000 -3.3% $495 / Sq Ft
03/12/2022 03/12/22 Pending -- -- --
07/01/2021 07/01/21 For Sale $1,525,000 +62.7% $512 / Sq Ft
02/19/2021 02/19/21 Sold $937,500 -5.8% $315 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/17/2020 12/17/20 For Sale $995,000 -- $334 / 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 $16,563 $1,304,651 -- --
2023 $16,563 $1,221,967 $278,489 $943,478
2022 $13,380 $941,565 $278,489 $663,076
2021 $13,198 $878,886 $235,169 $643,717
2020 $9,960 $671,069 $0 $0
2019 $9,820 $655,981 $0 $0
2018 $9,692 $643,749 $0 $0
2017 $10,162 $630,508 $0 $0
2016 $9,455 $617,540 $0 $0
2015 $9,483 $613,250 $0 $0
2014 $9,166 $608,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    Joan Cook

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    55 Total Sales

    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS AGENT

    NON MLS

  • A

    Seller's Agent in 2021

    Anne Torline

    Orchid Island Realty

    (561) 635-9135

    56 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 244839

APN: 31-39-22-00010-0000-00233.0

Florida Indian River County Vero Beach 32963

724 Grove Place, Vero Beach, FL

This home is located at 724 Grove Place, Vero Beach, FL 32963 since 01 July 2021 and is currently estimated at $1,888,475, approximately $634 per square foot. This property was built in 2000. 724 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.

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