NOT LISTED FOR SALE

725 Iris Ln Vero Beach, FL 32963

Estimated Value: $1,266,000 - $2,625,000

3 Beds
2.5 Baths
2,543 Sq Ft
$811/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $2,375,000 $934 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $12,103/month

Highlights

  • Heated Pool
  • Vaulted Ceiling
  • 1 Fireplace
  • Beachland Elementary School Rated A-
  • Wood Flooring
  • Pool View

About This Home

As of March 2022

A rare trifecta: 2019 renovation of builder's personal residence, an ideal 'use it all' open plan that lives large- set in premiere Central Beach locale for EZ bike/walk/golf cart to all things Vero! Luxe finishes, vaulted ceilings, walls of glass, storage galore + whole house generator! Uber private lot, 2019 pool w/travertine +sun shelf! Expanded A/C garage=flex space! True Perfection!

Last Agent to Sell the Property

Sally Daley

Douglas Elliman Florida LLC License #3106981 Listed on: 02/07/2022

Douglas Elliman Florida LLC

Last Buyer's Agent

Kay Brown

Premier Estate Properties License #0189216

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,792

Year Built

  • Built in 1995

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 97 x 135
  • North Facing Home
  • Sprinkler System

Home Design

  • Metal Roof

Interior Spaces

  • 2,543 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • Window Treatments
  • Wood Flooring
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 2 Parking Spaces
  • Carport
  • Additional Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Outdoor Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Power Generator
  • Electric Water Heater
  • Septic Tank

Community Details

  • Orange Park Estates Subdivision

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 32403200013000200009.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,792

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.3
  • Lot Size: 97 x 135
  • Ownership: Single Family/Other
  • Subdivision Name: Orange Park Estates
  • Directions: A1A South to Iris; East on Iris; property on North side of road
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1995
  • ResoBuildingAreaSource: Owner
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-763-1500
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2543.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Owner

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Electric Heat, Heated, Pool, Screen Enclosure
  • View: Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Patio, Propane Tank - Owned
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Parking Features: Additional Parking, Assigned, Covered, Carport, Two Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: 2 Units
  • Cooling Y N: Yes
  • Heating: Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: None
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 32403200013000200009.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4792.0
  • Tax Lot: 9
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2022
Closed on
Mar 28, 2022
Sold by
Mary Read and Mary Eileen
Bought by
Declaration Of Trust
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
Kay Brown
Premier Estate Properties
List Price
$2,500,000
Sold Price
$2,375,000
Premium/Discount to List
-$125,000
-5%
Current Estimated Value
$2,061,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$313,608
Avg. Annual Appreciation
-3.88%

Purchase Details

Closed on
Apr 20, 2009
Sold by
Gray Cynthia D
Bought by
Read Randy and Read Eileen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2003
Sold by
Joy Philip P and Joy Kathryn D
Bought by
Gray Cynthia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 1997
Sold by
Joy Philip P and Joy Kathryn D
Bought by
Joy Philip P and Joy Kathryn D

Purchase Details

Closed on
Nov 20, 1996
Sold by
Skiles Arthur E and Skiles Mary A
Bought by
Joy Philip P and Gangewere Kathryn D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Declaration Of Trust $2,375,000 Premier Title
Read Randy $325,000 Oceanside Title & Escrow
Gray Cynthia D $317,000 --
Joy Philip P -- --
Joy Philip P $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Read Randy $292,500
Previous Owner Gray Cynthia D $253,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $2,375,000 -5.0% $934 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/07/2022 02/07/22 For Sale $2,500,000 -- $983 / 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 $15,771 $1,119,272 -- --
2023 $15,771 $1,045,252 $659,600 $385,652
2022 $4,870 $343,235 $0 $0
2021 $4,792 $333,238 $0 $0
2020 $4,615 $318,731 $0 $0
2019 $4,053 $277,478 $0 $0
2018 $4,038 $272,304 $0 $0
2017 $3,526 $239,077 $0 $0
2016 $3,478 $234,160 $0 $0
2015 $3,564 $232,540 $0 $0
2014 $3,409 $230,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 251668

APN: 32-40-32-00013-0002-00009.0