NOT LISTED FOR SALE

8426 Poinciana Place Unit 5 Vero Beach, FL 32963

Estimated Value: $838,000 - $1,159,000

2 Beds
2 Baths
1,707 Sq Ft
1986 Built

Last Sold February 13, 2018

Last sale price $625,000 $366 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,527/month

11 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Cabana
  • Beachland Elementary School Rated A-
  • Gated with Attendant
  • Clubhouse

About This Home

As of February 2018

Steps from the ocean in a unique protected location this one-story villa has it all! Renovated in designer show house style this elegant home features vaulted ceilings and beautiful millwork. Hear the surf from the enclosed private courtyard and Balinese inspired cabana. The heated ocean pool is a short walk down the beach pathway. This move in ready Oceanside charmer is a must see!

Last Agent to Sell the Property

John Stringer

Alex MacWilliam, Inc. License #3304365 Listed on: 01/02/2018

Alex MacWilliam, Inc.

Last Buyer's Agent

John Stringer

Alex MacWilliam, Inc. License #3304365 Listed on: 01/02/2018

Alex MacWilliam, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,835

Year Built

  • Built in 1986

Lot Details

  • Cul-De-Sac
  • South Facing Home

Parking

  • 2 Car Garage

Home Design

  • Shake Roof
  • Wood Roof
  • Stucco

Interior Spaces

  • 1,707 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Vaulted Ceiling
  • Skylights
  • 1 Fireplace
  • Awning
  • French Doors
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Cabana
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 31393600008000300005.0

Community Details

Overview

  • Association fees include common areas, insurance, recreation facilities, reserve fund, security, trash
  • Baytree Ocean Villas Subdivision

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Card or Code Access
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,835

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Baytree Ocean Villas
  • Directions: North on A1A between John's Island and Sea Oaks. Oceanside entrance. Gatehouse will direct to villa.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built: 1986
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-6509
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Built-in Features, Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Master Downstairs, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 1707.0
  • Stories: 1
  • Window Features: Window Treatments, Skylight(s)

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac, < 1/4 Acre
  • Pool Features: Electric Heat, Heated, None, Community
  • View: Garden
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Outdoor Shower, Porch, Patio, Awning(s), Storm/Security Shutters
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Other, Shake, Wood

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated with Guard, Key Card Entry, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Library, Tennis Court(s), Pool
  • Association Fee: 990.33
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Recreation Facilities, Reserve Fund, Security, Trash

Lot Info

  • Parcel #: 31393600008000300005.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6835.0
  • Tax Lot: 5
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2018
Closed on
Feb 13, 2018
Sold by
Mead Thomas M and Frasca Doreen
Bought by
Vingle Paul and Vingle Annmarie
Seller's Agent
John Stringer
Alex MacWilliam, Inc.
Buyer's Agent
John Stringer
Alex MacWilliam, Inc.
List Price
$599,000
Sold Price
$625,000
Premium/Discount to List
$26,000
4.34%
Current Estimated Value
$1,057,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,347
Avg. Annual Appreciation
7.59%
Original Mortgage
$453,000
Outstanding Balance
$388,028
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$694,857

Purchase Details

Closed on
Apr 21, 2009
Sold by
Gensel Richard H and Gensel Amy F
Bought by
Mead Thomas M and Frasca Doreen

Purchase Details

Closed on
Feb 22, 2008
Sold by
Pitman Donald L and Pitman Carol M
Bought by
Gensel Richard H and Gensel Amy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Ellison Lynne R
Bought by
Pitman Donald L and Pitman Carol M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 27, 1999
Sold by
Griesinger Theodore W and Griesinger Elizabeth A
Bought by
Ellison Lynne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.66%
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
Vingle Paul $625,000 Supreme Title Solutions Llc
Mead Thomas M $385,000 Island Title Agency
Gensel Richard H $407,500 Attorney
Pitman Donald L $608,000 Lawyers Title Agency
Ellison Lynne R $339,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vingle Paul $453,000
Previous Owner Gensel Richard H $300,000
Previous Owner Pitman Donald L $480,000
Previous Owner Ellison Lynne R $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2018 02/13/18 Sold $625,000 +4.3% $366 / Sq Ft
01/14/2018 01/14/18 Pending -- -- --
01/02/2018 01/02/18 For Sale $599,000 -- $351 / 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 $10,988 $1,199,479 -- $1,199,479
2023 $10,988 $636,412 $0 $0
2022 $9,103 $927,241 $0 $927,241
2021 $6,647 $525,960 $0 $525,960
2020 $6,759 $525,960 $0 $525,960
2019 $6,990 $525,960 $0 $525,960
2018 $6,663 $491,988 $0 $491,988
2017 $6,835 $491,988 $0 $0
2016 $6,787 $468,560 $0 $0
2015 $6,782 $446,250 $0 $0
2014 $6,189 $406,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 198370

APN: 31-39-36-00008-0003-00005.0