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576 Banyan Road

576 Banyan Road, Vero Beach, FL 32963
Property in Vero Beach
Sold Sep 23, 2019
$357,500
$575,000 by Trustco Bank
Mortgage Due Aug 30, 2051
Local assessors in Vero Beach, FL have categorized 576 Banyan Road as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 2020. The property's lot size has been calculated to be 15,682 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,130 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 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 576 Banyan Road has a total of 1,965 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 192 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. 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. 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, 576 Banyan Road sold most recently in Sep 23, 2019 for a total of $357,500. If you work out the math, that's approximately a cost of $165.74 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 $6,341 in taxes each year. 576 Banyan Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $437,638. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1957
  • Effective Year Built: 2020
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Terrazzo
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 192
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 2,157
  • Gross Building Area: 2,157
  • Building Area: 1,965
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VERO BEACH ESTATES
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VERO BEACH ESTATES BLK 12 BEING MORE PART DESC AS BEING THE E 35 FT OF LOT 11 AND ALL OF LOT 12 AND THE W HALF OF LOT 13 PBS 5-8

Ownership

  • Current Owner : ALEXANDER JESSE
  • Current Owner 2: ALEXANDER LYNDSEY
  • Previous Owner : PRAAGH TREADWAY CECILY VAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050505

Zoning

  • Zoning: R-1A

Geography

  • Parcel: 32-40-32-00006-0120-00011.0
  • Block: 12
  • Lot: 11
  • Meridian: SEC 32 TWN 32S RNG 40E
  • Municipality: CITY OF VERO BEACH
  • Latitude: 27.655
  • Longitude: -80.3627

    Address

  • Full Address: 576 Banyan Rd
  • Address - House Number: 576
  • Address - Street Name: Banyan
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C005
  • 4-Digit Zip Code: 1729
  • Zip Code: 32963

Valuation

    Tax

  • Total Area: 1,948
  • Tax Year: 2022
  • Tax Amount: $6,341
  • Tax Rate Code Area: 8

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 1,289,454
  • High Value: 1,532,292
  • Low Value: 1,046,616

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $575,000
  • First Open Lien Mortgage Lender: TRUSTCO BANK
  • First Open Lien Mortgage Recording Date: Sep 03, 2021
  • First Open Lien Mortgage Loan Amount: $575,000
  • 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: Aug 30, 2051

    Market Valuation

  • Market Total Value: $829,094
  • Market Land Value: $489,855
  • Market Improvement Value: $339,239

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $437,638

    Sales

  • Current Sale Contract Date: Sep 23, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Transaction ID: 11657218646
  • Current Sale Price: $357,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3120190055544

    Last Sale Mortgage

  • First Mortgage Lender: TRUSTCO BANK
  • First Mortgage Transaction Date: Sep 23, 2019
  • First Mortgage Loan Amount: $346,775
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 23, 2049

About Vero Beach



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Frequently Asked Questions

What neighborhood is 576 Banyan Road located in?
The 576 Banyan Road is a located in the neighborhood of Vero Beach in Vero Beach, Vero Beach.
What is the average sales price for listings in 576 Banyan Road?
The average sales price for units in 576 Banyan Road is $0 currently.

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