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110 Cowry Lane

110 Cowry Lane, Vero Beach, FL 32963
Property in Vero Beach
Sold Jun 01, 2021
$2,827,000
$1,000,000 by Bmo Harris Bank Na
Mortgage Due Jun 01, 2036
110 Cowry Lane has been categorized by the local assessors in Vero Beach, FL as a residential type of property. The building on the property was first built in 1985 and is 39 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 110 Cowry Lane has 3,693 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,216 ft and across the front of the lot is 682 ft. The area measurement of the land has been determined as 15,246 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 744 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a hip style roof made of tile. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 110 Cowry Lane sold most recently in May 28, 2021 for a total of $2,827,000. If you work out the math, that's approximately a cost of $637.14 per sqft. 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 $30,262 in taxes each year. 110 Cowry Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $2,576,986. If we break it down further, the land itself was valued at $1,275,000. Improvements to the property, however, were assessed at a total of $1,301,986. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Quality: A
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 744
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 2,216
  • Lot Size Frontage Feet: 682
  • Total Building Area: 4,437
  • Gross Building Area: 4,437
  • Building Area: 3,693
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,693
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHNS ISLAND PLAT 35
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHNS ISLAND PLAT 35 LOT 17 PBI 11-73

Ownership

  • Current Owner : PATTERSON D SCOTT D
  • Current Owner 2: PATTERSON SUSAN
  • Previous Owner : PETERSON BARBARA N
  • Previous Owner 2: PATTERSON BARBARA N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050507

Zoning

  • Zoning: R-1B

Geography

  • Parcel: 32-40-18-00037-0000-00017.0
  • Lot: 17
  • Meridian: SEC 18 TWN 32S RNG 40E
  • Municipality: TOWN OF INDIAN RIVER SHORES
  • Latitude: 27.701
  • Longitude: -80.3729

    Address

  • Full Address: 110 Cowry Ln
  • Address - House Number: 110
  • Address - Street Name: Cowry
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C007
  • 4-Digit Zip Code: 3453
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 4,200
  • Tax Year: 2022
  • Tax Amount: $30,262
  • Tax Rate Code Area: 6

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 3,660,755
  • High Value: 4,350,171
  • Low Value: 2,971,338

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $2,576,986
  • Market Land Value: $1,275,000
  • Market Improvement Value: $1,301,986

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,576,986
  • Assessed Land Value: $1,275,000
  • Assessed Improvements Value: $1,301,986

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11837102455
  • Current Sale Price: $2,827,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3120210039096

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2036

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Frequently Asked Questions

What neighborhood is 110 Cowry Lane located in?
The 110 Cowry Lane is a located in the neighborhood of Vero Beach in Indian River Shores, Vero Beach.
What is the average sales price for listings in 110 Cowry Lane?
The average sales price for units in 110 Cowry Lane is $0 currently.

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