NOT LISTED FOR SALE

8605 Salerno Rd Fort Pierce, FL 34951

Estimated Value: $218,000 - $250,000

3 Beds
1 Bath
974 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $44,900 $46 Per Sq Ft

Est. 426% increase in value since last sale

Current estimated payment $1,538/month

Highlights

  • Water Views
  • Attached Garage
  • Central Air
  • Vaulted Ceiling
  • Tile Flooring
  • Heating Available

About This Home

As of July 2024

Available immediately , located on the cusp of Vero Beach. This charming 3-bedroom, 1-bath home is situated in the picturesque Lakewood Park neighborhood of Fort Pierce, Florida. Nestled on a spacious corner lot of 11,662 square feet, the house features a rustic tile design throughout. The layout includes a generous living area with a split floor planTenant to verify exposure and all measurements are approximate

Last Agent to Rent the Property

Michele Scherger

Pinnacle Real Estate Group License #3238647 Listed on: 06/05/2024

Last Renter's Agent

Aurora Magana

Pinnacle Real Estate Group License #3587144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,936

Year Built

  • Built in 1961

Lot Details

  • 0.27

Interior Spaces

  • 974 Sq Ft Home
  • Vaulted Ceiling
  • Tile Flooring
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Lakewood Park Unit 8A Subdivision

Listing and Financial Details

  • Property Available on 6/5/24
  • Assessor Parcel Number 130160900130000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,936

Year Built

Built in 1961

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2024-06-05

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Indrio Rd> Lakeland Blvd> Lilyan Pkwy> Salerno Rd
  • Year Built: 1961
  • Entry Level: 1
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms, Vaulted Ceiling(s)
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 974.0

Exterior Features

  • Exterior Features: None
  • View: Other, Water
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Yn: No
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 130160900130000
  • Land Lease Amount Frequency: Monthly
  • Lot Size: 1/4 to 1/2 Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2018
Sold by
Sayco Equity Fund Lp
Bought by
Sayco Equity Fund K Llc
Current Estimated Value
$236,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,364,000
Outstanding Balance
$3,797,486
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
-$3,555,672

Purchase Details

Listed on
Mar 13, 2015
Closed on
Feb 9, 2015
Sold by
Fannie Mae
Bought by
Sayco Equity Fund Lp
Seller's Agent
Carolyn Cernuto
Sharon J. Kelly Realty Inc.
Buyer's Agent
Carolyn Cernuto
Sharon J. Kelly Realty Inc.
Sold Price
$875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%

Purchase Details

Listed on
Dec 11, 2014
Closed on
Dec 18, 2014
Sold by
Raines Tracy
Bought by
Federal National Mortgage Association
Seller's Agent
Laura Fleischman
Fleischman Realty Group, LLC
Buyer's Agent
Carolyn Cernuto
Sharon J. Kelly Realty Inc.
List Price
$49,500
Sold Price
$44,900
Premium/Discount to List
-$4,600
-9.29%

Purchase Details

Closed on
Jul 14, 2005
Sold by
Raines Robert P and Raines Tracy
Bought by
Raines Robert P and Raines Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac
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
Sayco Equity Fund K Llc -- Attorney
Sayco Equity Fund Lp $44,900 Stewart Lender Services
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Raines Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sayco Equity Fund K Llc $4,364,000
Closed Sayco Equity Fund K Llc $4,364,000
Previous Owner Raines Robert P $25,000
Previous Owner Raines Robert P $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2024 07/28/24 Rented $1,695 0.0% --
07/03/2024 07/03/24 Price Changed $1,695 -11.9% $2 / Sq Ft
06/26/2024 06/26/24 Price Changed $1,925 -1.3% $2 / Sq Ft
06/19/2024 06/19/24 Price Changed $1,950 -2.3% $2 / Sq Ft
06/10/2024 06/10/24 Price Changed $1,995 -4.8% $2 / Sq Ft
06/05/2024 06/05/24 For Rent $2,095 +139.4% --
03/13/2015 03/13/15 For Rent $875 0.0% --
03/13/2015 03/13/15 Rented $875 0.0% --
02/06/2015 02/06/15 Sold $44,900 -9.3% $57 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $49,500 -- $63 / Sq Ft
Source: BeachesMLS

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 $2,936 $163,900 $82,000 $81,900
2023 $2,936 $158,900 $73,400 $85,500
2022 $2,673 $152,500 $73,400 $79,100
2021 $2,305 $104,000 $36,700 $67,300
2020 $2,098 $87,700 $24,600 $63,100
2019 $2,160 $89,600 $21,500 $68,100
2018 $1,529 $76,500 $17,800 $58,700
2017 $1,348 $57,100 $13,500 $43,600
2016 $1,207 $46,700 $9,900 $36,800
2015 $1,052 $38,100 $8,100 $30,000
2014 $989 $35,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10993422

BeachesMLS

APN: 13-01-609-0013-0000