NOT LISTED FOR SALE

725 Royal Palm Place Vero Beach, FL 32960

Estimated Value: $493,976 - $871,000

2 Beds
2 Baths
1,224 Sq Ft
$514/Sq Ft Est. Value

Last Sold December 15, 2020

Last sale price $275,000 $225 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,806/month

16 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Walk-In Closet
  • French Doors
  • Beachland Elementary School Rated A-
  • Views
  • Shed

About This Home

As of December 2020

CBS home with GREAT location! Minutes from Beach and Downtown Vero. Great fenced back yard with plenty of room for pool! Roof and A/C 2018. Needs some TLC & paint and will make a Great Home! Sizes approx -subj to error.

Last Agent to Sell the Property

Don Frederick

Dale Sorensen Real Estate Inc. License #0547073 Listed on: 10/29/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1971

Lot Details

  • Lot Dimensions are 75x144
  • North Facing Home
  • Fenced
  • Few Trees

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Blinds
  • French Doors
  • Tile Flooring
  • Fire and Smoke Detector
  • Property Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Central Heating and Cooling System

Community Details

  • Royal Palm Place Subdivision

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 33390100005016000036.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,775

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 75x144
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Royal Palm Place
  • Directions: Royal Palm Pl to 725 on south side of street
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1971
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 1224.0
  • Stories: 1
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Few Trees
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Fence, Porch, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Enclosed, Porch
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33390100005016000036.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1775.0
  • Tax Lot: 36
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 10, 2020
Sold by
Carter Elise Peniston
Bought by
Nivla Holdings Llc
Seller's Agent
Don Frederick
Dale Sorensen Real Estate Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Current Estimated Value
$628,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,994
Avg. Annual Appreciation
18.98%

Purchase Details

Closed on
Oct 16, 2018
Sold by
Peniston Carter Elise
Bought by
Mills Alison Jessica

Purchase Details

Closed on
Sep 20, 2017
Sold by
Dykstra Juliet P and Juliet P Dykstra Trust
Bought by
Carter Elise Peniston

Purchase Details

Closed on
Nov 28, 2001
Sold by
Ignico Vincent R
Bought by
Dykstra Juliet P

Purchase Details

Closed on
Dec 15, 1995
Sold by
Turner J Bristol
Bought by
Ignico Vincent R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
7.41%
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
Nivla Holdings Llc $275,000 Supreme Title Solutions Llc
Mills Alison Jessica -- Attorney
Carter Elise Peniston -- Attorney
Dykstra Juliet P $161,500 --
Ignico Vincent R $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nivla Holdings Llc $374,000
Closed Nivla Holdings Llc $630,000
Previous Owner Ignico Vincent R $84,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2020 12/15/20 Sold $275,000 -8.3% $225 / Sq Ft
11/15/2020 11/15/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $300,000 -- $245 / 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 $5,465 $492,646 $104,366 $388,280
2023 $5,465 $327,695 $0 $0
2022 $4,327 $273,107 $63,779 $209,328
2021 $3,958 $240,650 $63,779 $176,871
2020 $1,786 $143,149 $0 $0
2019 $1,775 $139,931 $0 $0
2018 $1,760 $137,322 $47,305 $90,017
2017 $2,387 $138,653 $0 $0
2016 $2,220 $129,070 $0 $0
2015 $2,006 $106,500 $0 $0
2014 $1,788 $98,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 237111

APN: 33-39-01-00005-0160-00036.0