NOT LISTED FOR SALE

Estimated Value: $644,000

4 Beds
3 Baths
2,810 Sq Ft
$229/Sq Ft Est. Value

Last Sold October 20, 2014

Last sale price $422,500 $150 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,891/month

126 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • 1 Fireplace
  • Stables
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of October 2014

Paradise is named The Lazy H Farm! Pristine, serene 5AC oasis w/stocked pond; 8 stall barn,2 tack rooms, chicken coop,gardens & charming CBS/Metal roof 3 bed home w/4th sep guest room/full bath & new water system! One of a kind, dead end property, yet 10 mins to shops & services. Ideal for gentleman farmer, horse owner or laid back buyer seeking the good life! Nothing like it in Vero!

Last Agent to Sell the Property

Sally Daley

Douglas Elliman Florida LLC Brokerage Phone: 772-231-9938 License #3106981 Listed on: 05/15/2014

Douglas Elliman Florida LLC

Last Buyer's Agent

Ilene Victor

LPT Realty, LLC License #0378224

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • Home fronts a pond
  • Lake Front
  • North Facing Home
  • Fenced
  • Few Trees
  • Zoning described as Agricultural,Residential

Parking

  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • 1 Fireplace
  • Awning
  • Blinds
  • Sliding Doors
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch
  • Separate Outdoor Workshop
  • Shed

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Stables

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank

Community Details

  • Indian River Farms Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 32393000001004000003.0

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size: 5 Acres
  • Ownership: Single Family/Other
  • Subdivision Name: INDIAN RIVER FARMS
  • Directions: 66th North to 45th; West to property; 2nd before dead end
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1972
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-9938
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener, Water Purifier, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Laminate, Tile, Wood
  • Interior Amenities: Built-in Features, Closet Cabinetry, Pantry, Walk-In Closet(s)
  • Stories: 1
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: 3-5 Acres, Few Trees
  • Pool Features: None
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Fence, Outdoor Shower, Porch, Patio, Shed, Awning(s)
  • Other Structures: Stable(s), Shed(s), Workshop
  • Patio And Porch Features: Covered, Enclosed, Patio, Porch, Screened
  • Roof: Metal

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: Septic Tank
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Other
  • Pets Allowed: Yes

Lot Info

  • Horse Amenities: Horses Allowed
  • Parcel #: 32393000001004000003.0
  • Zoning Description: Agricultural,Residential

Tax Info

  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2018
Sold by
Cotton Richard A and Cotton Ann Marie
Bought by
Cotton Ann Marie
Current Estimated Value
$644,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$181,231
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$462,769

Purchase Details

Listed on
May 15, 2014
Closed on
Oct 20, 2014
Sold by
Muris Timothy and Harmon Pamela
Bought by
Cotton Richard A and Cotton Ann Marie
Seller's Agent
Sally Daley
Douglas Elliman Florida LLC
Buyer's Agent
Ilene Victor
LPT Realty, LLC
List Price
$449,000
Sold Price
$422,500
Premium/Discount to List
-$26,500
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$333,600
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2001
Sold by
Hines Paul A and Hines Marilyn M
Bought by
Hines Marilyn M
Source: Public Records
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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
Cotton Ann Marie $160,400 South Florida Title Insurers
Cotton Richard A $422,514 Lawyers Title Agency
Hines Marilyn M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cotton Ann Marie $325,000
Previous Owner Cotton Richard A $333,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2014 10/20/14 Sold $422,500 -5.9% $150 / Sq Ft
09/20/2014 09/20/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $449,000 +12.0% $160 / Sq Ft
07/17/2013 07/17/13 Sold $401,000 -15.6% $143 / Sq Ft View Prior Sale
06/17/2013 06/17/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $475,000 -- $169 / 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
2025 $6,561 $427,879 -- --
2024 $5,872 $427,879 -- --
2023 $5,872 $410,663 $0 $0
2022 $5,348 $370,876 $0 $0
2021 $5,328 $361,762 $0 $0
2020 $5,181 $366,592 $101,575 $265,017
2019 $7,055 $480,593 $0 $0
2018 $4,842 $339,275 $0 $0
2017 $4,790 $332,297 $0 $0
2016 $5,218 $321,110 $0 $0
2015 $4,915 $286,100 $0 $0
2014 -- $243,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 146521

APN: 32-39-30-00001-0040-00003.0