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5848 Lake Pine Road

5848 Lake Pine Road, Vero Beach, FL 32967
Property in Vero Beach
Sold Oct 29, 2021
$535,600
$250,000 by Academy Mortgage Corp
Mortgage Due Nov 01, 2051
Sold Sep 11, 2020
$378,812
Local assessors in Vero Beach, FL have categorized 5848 Lake Pine Road as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 14,810 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 922 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5848 Lake Pine Road has a total of 2,578 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 592 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. The building has a hip style roof that was made of tile. Lots of concrete block were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5848 Lake Pine Road sold most recently in Oct 27, 2021 for a total of $535,600. If you work out the math, that's approximately a cost of $168.96 per sqft. Before that, the property was also sold for $378,812 in Sep 10, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,202 in taxes each year. 5848 Lake Pine Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $469,429. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 592
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 922
  • Total Building Area: 3,170
  • Gross Building Area: 3,456
  • Building Area: 2,578
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,578
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BENT PINE PRESERVE PHASE 1
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BENT PINE PRESERVE PHASE 1 LOT 57 PBI 30-67

Ownership

  • Current Owner : SHALOO JOAN A
  • Current Owner 2: SHALOO WILLIAM J
  • Previous Owner : GRBK GHO BENT PINE LLC
  • Owner Before Previous Owner: DIVENTURES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050811

Zoning

  • Zoning: RM-4

Geography

  • Subdivision Phase Number: 1
  • Parcel: 32-39-16-00012-0000-00057.0
  • Lot: 57
  • Meridian: SEC 16 TWN 32S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6997
  • Longitude: -80.4415

    Address

  • Full Address: 5848 Lake Pine Rd
  • Address - House Number: 5848
  • Address - Street Name: Lake Pine
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R006
  • 4-Digit Zip Code: 1859
  • Zip Code: 32967

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,202
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 785,925
  • High Value: 933,935
  • Low Value: 637,914

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $535,689
  • Market Land Value: $68,000
  • Market Improvement Value: $467,689

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $469,429

    Sales

  • Current Sale Contract Date: Oct 27, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11862018677
  • Current Sale Price: $535,600
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 3120210075812
  • Previous Sale Recording Date: Sep 11, 2020
  • Previous Sale Contract Date: Sep 10, 2020
  • Previous Sale Amount: $378,812
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Winter Beach



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Frequently Asked Questions

What neighborhood is 5848 Lake Pine Road located in?
The 5848 Lake Pine Road is a located in the neighborhood of Vero Beach in Winter Beach, Vero Beach.
What is the average sales price for listings in 5848 Lake Pine Road?
The average sales price for units in 5848 Lake Pine Road is $0 currently.

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