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Sold for $435,000
  • $435,000

    1516 1st Place, Vero Beach, FL 32962

    4beds
    1,861sqft
    Single Family Residence
    Built in 1987
    2,771 Square Feet Lot
    $406,400 Zestimate®
    $234/sqft
    $2,344 Estimated rent

    Home value

    $406,400

    $386,000 - $427,000

    $2,344/mo

    Zestimate® history
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    What's special

    This spacious single family home is a 4 bedroom 2 bath, with the fourth bedroom uniquely connected to the owner's suite, offering flexibility for various uses such as a hobby room, study, nursery, gym, and more. The home features bay windows and cozy fireplace in the living room, a large yard, and NO HOA. With a new 2022 metal roof, newer kitchen with granite and stainless appliances, updated paint, electrical, and ceiling fans. The spacious fenced backyard with a patio is perfect for entertaining. Don't miss this opportunity to own a beautiful home! Motivated seller. Schedule a home tour today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Natalia Rhinehart 786-417-3888,

    EXP Realty LLC

    Bought with:

    Tyler Potts, 3442828

    One Sotheby's Intl. Realty

    Tyler Potts, 3442828

    One Sotheby's Intl. Realty

    Source: BeachesMLS,MLS#: F10388732MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 4
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
    Features
    • Bedroom on Main Level, Living/Dining Room, Main Level Primary, Sitting Area in Primary, Separate Shower, Vaulted Ceiling(s)
    • Flooring: Tile
    • Windows: Skylight(s)
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,861 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Driveway, Garage, Garage Door Opener
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Entry location: First Floor Entry,Skylight,Vaulted Ceilings
    • Patio & porch: Patio, Porch, Screened, Balcony
    • Exterior features: Balcony, Outdoor Living Area, Porch, Room For Pool
    • Fencing: Fenced
    Lot
    • Size: 2,771 Square Feet
    • Dimensions: .29
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 33391400012000100005.0

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Metal
    Condition
    • Resale
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Subdivision: Malaluka Gardens
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $234/sqft
    • Tax assessed value: $452,141
    • Annual tax amount: $4,076
    • Date on market: 7/8/2023
    • Cumulative days on market: 128 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    12/20/2023Sold$435,000-0.9%$234/sqft
    Source: BeachesMLS #F10388732 Report a problem
    11/15/2023Contingent$439,000$236/sqft
    Source: BeachesMLS #F10388732 Report a problem
    9/25/2023Price change$439,000-2.4%$236/sqft
    Source: BeachesMLS #F10388732 Report a problem
    7/29/2023Listed for sale$450,000$242/sqft
    Source: BeachesMLS #F10388732 Report a problem
    7/27/2023Pending sale$450,000$242/sqft
    Source: BeachesMLS #F10388732 Report a problem
    7/26/2023Price change$450,000-5.1%$242/sqft
    Source: BeachesMLS #F10388732 Report a problem
    7/17/2023Price change$474,000-1.3%$255/sqft
    Source: BeachesMLS #F10388732 Report a problem
    7/8/2023Listed for sale$480,000$258/sqft
    Source: BeachesMLS #F10388732 Report a problem
    5/27/2022Sold$480,000+2.3%$258/sqft
    Source: Realtor Association of Indian River County #254309 Report a problem
    5/14/2022Pending sale$469,000$252/sqft
    Source: Realtor Association of Indian River County #254309 Report a problem
    5/12/2022Price change$469,000+9.3%$252/sqft
    Source: Realtor Association of Indian River County #254309 Report a problem
    4/20/2022Pending sale$429,000$231/sqft
    Source: Realtor Association of Indian River County #253606 Report a problem
    4/15/2022Listed for sale$429,000+142.6%$231/sqft
    Source: Realtor Association of Indian River County #253606 Report a problem
    2/25/2021Sold$176,800-29.3%$95/sqft
    Source: Public Record Report a problem
    9/6/2006Sold$250,000$134/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,972 -39.4%$293,871 -35%
    2024$6,552 +6.4%$452,141 +5.2%
    2023$6,156 +51.7%$429,777 +55%
    2022$4,058 +17.3%$277,279 +22%
    2021$3,460 +232.5%$227,329 +127.7%
    2020$1,040 $99,833 +2.3%
    2019$1,040 +1.1%$97,589 +1.9%
    2018$1,029 +3.8%$95,769 +2.1%
    2017$991 $93,799 +2.1%
    2016$991 +2.1%$91,870 +0.7%
    2015$971 -3.2%$91,240 +0.8%
    2014$1,003 $90,520 +1.5%
    2013-- $89,190 0%
    2012$926 -20.4%$89,200 -14.3%
    2011$1,164 -8.6%$104,110 -6.1%
    2010$1,273 -16.4%$110,830 -15.2%
    2009$1,523 -21.3%$130,730 -20.1%
    2008$1,935 -23.5%$163,670 -10.5%
    2007$2,531 $182,930 +4.7%
    2006-- $174,680 +48.5%
    2005-- $117,600
    2004-- $117,600 +9%
    2003-- $107,920 +5.4%
    2002$1,381 +13.5%$102,400 +11.2%
    2001$1,216 +0.7%$92,120 +11%
    2000$1,208 $83,020
    Find assessor info on the county website

    Neighborhood: Vero Beach South

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $406,400
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    Estimated market value
    $406,400