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Sold for $950,000
  • $950,000

    1960 Magnolia Lane, Vero Beach, FL 32963

    3beds
    2,529sqft
    Single Family Residence
    Built in 2024
    8,712 Square Feet Lot
    $1,103,800 Zestimate®
    $376/sqft
    $6,129 Estimated rent

    Home value

    $1,103,800

    $993,000 - $1.24M

    $6,129/mo

    Zestimate® history
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    What's special

    :Lovely Boutique Community of 6 homes only just minutes from Orchard Island, a short walk to the beach. Close to Golden Sands Beach, Sebastian Inlet and Wabasso Beach as well. Great shopping, dining and so much more. A must have location. A GHO Home upgraded throughout with plank flooring, Island Elevation, stainless steel appliances, 8' doors, impact windows and more. Finest features to include just a few: Metal Roof, Large open Impact Windows, 8' doors, SS Appliance Gourmet & Super Kitchen Packages, 8x40 Tile floors thoughout sized to resemble wood in warm grey beach tones throughout home. MOVE IN READY -

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Germano 772-257-1100,

    The GHO Homes Agency LLC

    Bought with:

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    Source: BeachesMLS,MLS#: R10987597MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 224
    • Dimensions: 16 X 14
    Kitchen
    • Level: Main
    • Area: 192
    • Dimensions: 16 X 12
    Living room
    • Level: Main
    • Area: 520
    • Dimensions: 26 X 20
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Disposal, Microwave, Oven, Refrigerator
    Features
    • Attic, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Main Level Primary, Pantry, Pull Down Attic Stairs, Split Bedrooms, Bar, Walk-In Closet(s)
    • Flooring: Ceramic Tile
    • Doors: French Doors
    • Attic: Pull Down Stairs
    Interior area
    • Total structure area: 3,248
    • Total interior livable area: 2,529 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 83.0 ft x 124.0 ft
    • Features: < 1/4 Acre
    Details
    • Parcel number: 313923000290000000040
    • Zoning: RS-6

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024
    Details
    • Builder model: Allura
    • Builder name: GHO Homes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available

    Community & HOA

    Community
    • Features: Home Owners Association
    • Subdivision: SOMMERS PLACE RESIDENTIAL SUBDIVISION
    HOA
    • Has HOA: Yes
    • Amenities included: Trail(s)
    • HOA fee: $219 monthly
    Location
    • Region: Vero Beach

    Financial & listing details

    • Price per square foot: $376/sqft
    • Tax assessed value: $988,181
    • Annual tax amount: $1,907
    • Date on market: 5/15/2024
    • Cumulative days on market: 448 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    7/24/2024Sold$950,000-2.7%$376/sqft
    Source: BeachesMLS #R10987597 Report a problem
    6/24/2024Pending sale$976,000$386/sqft
    Source: Realtor Association of Indian River County #278248 Report a problem
    1/10/2024Price change$976,000+0.3%$386/sqft
    Source: BeachesMLS #RX-10876681 Report a problem
    10/9/2023Price change$973,022+1.6%$385/sqft
    Source: BeachesMLS #RX-10876681 Report a problem
    7/24/2023Price change$957,500+1.2%$379/sqft
    Source: Realtor Association of Indian River County #267309 Report a problem
    5/5/2023Price change$946,464-1.9%$374/sqft
    Source: BeachesMLS #RX-10876681 Report a problem
    3/13/2023Listed for sale$964,464+502.8%$381/sqft
    Source: GHO Homes Report a problem
    1/13/2021Sold$160,000-10.6%$63/sqft
    Source: Realtor Association of Indian River County #231431 Report a problem
    1/6/2021Contingent$179,000$71/sqft
    Source: Realtor Association of Indian River County #231431 Report a problem
    9/14/2020Listed for sale$179,000$71/sqft
    Source: Coldwell Banker Paradise #231431 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,406 +540.8%$988,181 +481.3%
    2024$2,248 +17.8%$170,000 +25%
    2023$1,908 -0.5%$136,000
    2022$1,918 +0.6%$136,000 +4.3%
    2021$1,906 $130,433
    Find assessor info on the county website

    Neighborhood: Wabasso Beach

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,103,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,103,800