NOT LISTED FOR SALE

8703 Palm Tree Ln Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $761,000 - $1,052,000

3 Beds
2.5 Baths
1,743 Sq Ft
$499/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $250,000 $143 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $5,232/month

89 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Private Membership Available
  • Beachland Elementary School Rated A-
  • Outdoor Pool
  • Clubhouse

About This Home

As of April 2014

BANK OWNED MOVE IN READY CHARMING 2 STORY HOME IN BEAUTIFUL OCEANFRONT COMMUNITY, GRANITE KITCHEN, TOP OF THE LINE APPLIANCES & CUSTOM CABINETS, COVERED EXTENDED PORCH.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,452

Year Built

  • Built in 2005

Lot Details

  • 3,790

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Sliding Doors
  • Laundry Room
  • Property Views

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Beach Access
  • Covered Patio or Porch

Additional Features

  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 31392600037000000014.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, security, trash
  • Private Membership Available
  • Sea Oaks Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,452

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Ownership: Single Family/Other
  • Subdivision Name: SEA OAKS
  • Directions: A1A TO SEA OAKS, WEST GATE GUARD WILL DIRECT.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2005
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-589-7777
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Range, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: High Ceilings, Vaulted Ceiling(s)
  • Stories: 2
  • Window Features: None

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Community, Pool
  • View: Other
  • View: Yes
  • Waterfront Features: None, Beach Access
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, 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: Club Membership Available, Clubhouse, Fitness, Other, Tennis Court(s), Trails/Paths, Pool
  • Association Fee: 1533.0
  • Pets Allowed: Yes, Size Limit

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Other, Security, Trash

Lot Info

  • Parcel #: 31392600037000000014.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4452.0
  • Tax Lot: 14
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Mccolgan Joseph T and Mccolgan Lisa R
Bought by
Mccolgan Family Revocable Trust and Mccolgan
Current Estimated Value
$868,981

Purchase Details

Closed on
Jun 24, 2016
Sold by
Quilling Stephanie and Quilling Richard
Bought by
Mccolgan Lisa R and Mccolgan Joseph T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,100
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2013
Closed on
Apr 16, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Quilling Richard and Quilling Stephanie
List Price
$290,000
Sold Price
$250,000
Premium/Discount to List
-$40,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%

Purchase Details

Closed on
Oct 22, 2013
Sold by
Palm Tree Lane Llc
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Oct 6, 2008
Sold by
Mactaggert Patrick J and Sternau Patricia
Bought by
Palm Tree Lane Llc

Purchase Details

Closed on
Feb 3, 2007
Sold by
Sternau Rene
Bought by
Sternau Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,300
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Sea Oaks Investment Ltd
Bought by
Sternau Rene and Sternau Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,460
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Mccolgan Family Revocable Trust -- None Listed On Document
Mccolgan Family Revocable Trust -- None Listed On Document
Mccolgan Lisa R $400,000 --
Quilling Richard $250,000 Sunbelt Title Agency
Hsbc Bank Usa National Association $155,100 None Available
Palm Tree Lane Llc -- Attorney
Sternau Patricia -- Island Title Agency
Sternau Rene $302,800 Island Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccolgan Lisa R $94,100
Previous Owner Sternau Patricia $271,300
Previous Owner Sternau Rene $266,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2014 04/16/14 Sold $250,000 -13.8% $143 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
12/18/2013 12/18/13 For Sale $290,000 -- $166 / 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 $7,498 $666,746 -- $666,746
2023 $7,498 $424,257 $0 $0
2022 $6,327 $515,419 $0 $515,419
2021 $5,225 $350,625 $0 $350,625
2020 $5,297 $350,625 $0 $350,625
2019 $5,455 $350,625 $0 $350,625
2018 $5,527 $350,625 $0 $350,625
2017 $5,114 $318,750 $0 $0
2016 $4,556 $318,750 $0 $0
2015 $5,392 $318,750 $0 $0
2014 $4,837 $290,060 $0 $0
Source: Public Records

Map

Source: REALTORS® Association of Indian River County

MLS Number: 144985

APN: 31-39-26-00037-0000-00014.0

Florida Indian River County Vero Beach 32963 Wabasso Beach

8703 Palm Tree Ln, Vero Beach, FL

This home is located at 8703 Palm Tree Ln, Vero Beach, FL 32963 since 18 December 2013 and is currently estimated at $868,981, approximately $498 per square foot. This property was built in 2005. 8703 Palm Tree Ln is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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