NOT LISTED FOR SALE

731 Timber Ridge Trail SW Unit A Vero Beach, FL 32962

Florida Ridge Neighborhood

Estimated Value: $221,000 - $229,000

2 Beds
2 Baths
1,368 Sq Ft
$165/Sq Ft Est. Value

Last Sold March 25, 2021

Last sale price $165,500 $121 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,469/month

13 Days on Market

Highlights

  • Lake Front
  • Senior Community
  • Garden View
  • Home fronts a pond
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of March 2021

This well maintained villa offers one of the best private settings in the community. The volume ceiling creates a large open entertainment area with wood burning fireplace for those cool evenings. Den could be used as an additional bedroom.Property card reflects the wrong number of bedrooms.

Last Agent to Sell the Property

Larry Seagrist

Atlantic Shores ERA Powered License #3084484 Listed on: 02/09/2021

Atlantic Shores ERA Powered

Last Buyer's Agent

Matthew Panetta

RE/MAX Gold License #3450015

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1985

Lot Details

  • Home fronts a pond
  • Lake Front
  • North Facing Home
  • Sprinkler System

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,368 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • Vaulted Ceiling
  • 1 Fireplace
  • Blinds
  • Sliding Doors
  • Garden Views

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Senior Community
  • Association fees include insurance, ground maintenance, maintenance structure, reserve fund, roof, trash
  • Keystone Property Managem Association
  • Timber Ridge Village Subdivision

Listing and Financial Details

  • Tax Lot PS51
  • Assessor Parcel Number 33392400012010500001.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Timber Ridge Village
  • Directions: Oslo Rd into Timber Ridge, pass guard shack to 1st left, proceed to unit on right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1985
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-8480
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, High Ceilings, Split Bedrooms, Vaulted Ceiling(s)
  • Living Area: 1368.0
  • Stories: 1
  • Window Features: Blinds, Single Hung
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • View: Garden, Other
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: No
  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway, Garage

Utilities

  • Laundry Features: In Unit
  • 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: None, Other
  • Senior Community: Yes
  • Association Fee: 1057.0
  • Association Name: Keystone Property Managem
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Reserve Fund, Roof, Trash

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33392400012010500001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1902.0
  • Tax Lot: PS51
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Mar 25, 2021
Sold by
Laurenza John A
Bought by
Taylor Timothy B and Taylor Vicky L
Seller's Agent
Larry Seagrist
Atlantic Shores ERA Powered
Buyer's Agent
Matthew Panetta
RE/MAX Gold
List Price
$159,900
Sold Price
$165,500
Premium/Discount to List
$5,600
3.5%
Current Estimated Value
$225,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,072
Avg. Annual Appreciation
8.83%
Original Mortgage
$132,400
Outstanding Balance
$120,348
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$118,141

Purchase Details

Listed on
Oct 1, 2013
Closed on
Feb 7, 2014
Sold by
Warren Lewis Gibbens and Warren Jean Williams
Bought by
Laurenza John A
List Price
$93,900
Sold Price
$80,000
Premium/Discount to List
-$13,900
-14.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Ware Gregory T
Bought by
Warren Lewis Gibbens and Warren Jean Williams

Purchase Details

Closed on
Feb 11, 2005
Sold by
Sauers George F and Sauers Margaret H
Bought by
Ware Gregory T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,400
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 2002
Sold by
Sauers George F
Bought by
Sauers George F and Sauers Margaret H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1997
Sold by
Cox Clayton Myron and Cox Bonnie P
Bought by
Smith Madonna G
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
Taylor Timothy B $165,500 Majesty Title Services
Laurenza John A $80,000 Oceanside Title & Escrow
Warren Lewis Gibbens $100,000 Oceanside Title & Escrow
Ware Gregory T $160,500 --
Sauers George F -- --
Sauers George F $115,000 --
Smith Madonna G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Timothy B $132,400
Previous Owner Ware Gregory T $152,400
Previous Owner Sauers George F $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $165,500 +3.5% $121 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/09/2021 02/09/21 For Sale $159,900 +99.9% $117 / Sq Ft
02/11/2014 02/11/14 Sold $80,000 -14.8% $58 / Sq Ft
01/12/2014 01/12/14 Pending -- -- --
10/01/2013 10/01/13 For Sale $93,900 -- $69 / 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 $2,670 $197,695 -- $197,695
2023 $2,670 $173,361 $0 $0
2022 $2,321 $157,601 $0 $157,601
2021 $1,978 $130,518 $0 $130,518
2020 $1,902 $130,518 $0 $130,518
2019 $1,771 $116,534 $0 $116,534
2018 $1,694 $114,249 $0 $114,249
2017 $1,570 $103,863 $0 $0
2016 $1,365 $83,090 $0 $0
2015 $1,274 $72,250 $0 $0
2014 $1,135 $65,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 240814

APN: 33-39-24-00012-0105-00001.0