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Indian River 32966
1307 Hometown Drive
$217,000
● House - Off Market

1307 Hometown Drive

Vero Beach, FL 32966
bedrooms
3 Beds
bathrooms
2 Baths
$356,467
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Immaculately maintained 3/2 home in South Village. Open floor plan with with lots of windows and doors to let in light. Large kitchen/dining area.Community amenities include 2 pools, playground and sidewalks. Golf membership available.
Unit Size
-
Days on Market
-
Land Size
0.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$194
HOA Dues
$456
Year Built
2006

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Space Coast MLS #777747)

Price History

Date / Event Date Event Price
Jul 10, 2017 Sold
Premium
Sold
Mar 8, 2017 Listed by Sea Turtle Real Estate, LLC $223,000
Listed by Sea Turtle Real Estate, LLC
Apr 4, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 0
  • Building Quality: 9
  • Construction Type: 12
  • Building Style: 25
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,055
  • Gross Building Area: 2,055
  • Building Area: 1,614
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,614
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POINTE WEST SOUTH VILLAGE PHASE II PD
  • Land Acres: 0000000150
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: POINTE WEST SOUTH VILLAGE PHASE II PD LOT 72 PBI 19-29

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050905

Zoning

  • Zoning: PDTND

Geography

  • Subdivision Phase Number: 2
  • Parcel: 33-38-12-00008-0000-00072.0
  • Lot: 72
  • Meridian: SEC 12 TWN 33S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6269
  • Longitude: -80.4819

    Address

  • Full Address: 1307 Hometown Dr
  • Address - House Number: 1307
  • Address - Street Name: Hometown
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R009
  • 4-Digit Zip Code: 1244
  • Zip Code: 32966

Valuation

    Tax

  • Total Area: 1,925
  • Tax Year: 2022
  • Tax Amount: $218,578
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.203
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 391,233
  • High Value: 470,688
  • Low Value: 311,777

    Market Valuation

  • Market Total Value: $241,385
  • Market Land Value: $38,250
  • Market Improvement Value: $203,135

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $183,116

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 05, 2017
  • Current Sale Recording Date: Jul 10, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120170039822
  • Previous Sale Recording Date: Apr 04, 2006
  • Previous Sale Contract Date: Mar 31, 2006
  • Previous Sale Amount: $247,800
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Indian River

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$229

Below Asking

0.03%

Average Days on Market

85

Average Home Size

1965 ft²

Average Home Age

28.4 years

Currently For Sale

1530 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7865 15th Lane, Vero Beach, FL, 32966

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,622 ft²
7865 15th Lane, Vero Beach, FL, 32966 Listing by Jared Michael Haugland
Unit for rent at 1975 Westminster Circle, Vero Beach, FL, 32966

$2,350 /mo

  • 4 Beds
  • 3 Baths
  • 1,270 ft²
1975 Westminster Circle #4, Vero Beach, FL, 32966 Listing by Nelida I Kehle

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Barbara Holt PA, Sea Turtle Real Estate, LLC
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 777747
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Frequently Asked Questions

When was property at 1307 Hometown Drive built and last sold?
The property at 1307 Hometown Drive was built in 2006 and last sold on Jul 5, 2017 for $217,000.
How much is this home worth?
The estimated value of the home located at 1307 Hometown Drive is $0.
What are some comparable homes to 1307 Hometown Drive?
There are currently no comparable homes to 1307 Hometown Drive.
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