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Indian River 32967
9420 85th Street
$234,000
● House - Off Market

9420 85th Street

Vero Beach, FL 32967
bedrooms
3 Beds
bathrooms
2 Baths
$346,115
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

MUST SELL! Remodeled 3/2/2 located in Vero Lakes Estates. Move-in ready. Large 2356 sq ft home. Freshly painted in and out, new hardware, flooring, lights and fans. Large kitchen with granite and stainless steel appliances. Spacious master bedroom with updated bath and his & her closets. Nice yard with new landscape and sod. Hurricane shutters included. Great location close to 95!
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$14
HOA Dues
-
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 #871930)

Price History

Date / Event Date Event Price
May 19, 2020 Sold
Premium
Sold
Mar 26, 2020 Listed by We Say Sold Inc $244,900
Listed by We Say Sold Inc
Sep 13, 2019 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 400
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0
  • Location Influence Type: 131

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,756
  • Gross Building Area: 2,756
  • Building Area: 2,356
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,356
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VERO LAKE ESTATES UNIT C
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 01
  • Legal Description 1: VERO LAKE ESTATES UNIT C BLK B LOT 4 PBI 5-31

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050903

Zoning

  • Zoning: RS-3

Geography

  • Parcel: 31-38-27-00002-0020-00004.0
  • Block: B
  • Lot: 4
  • Meridian: SEC 27 TWN 31S RNG 38E
  • Municipality: UNINCORPORATED
  • Latitude: 27.7492
  • Longitude: -80.5202

    Address

  • Full Address: 9420 85th St
  • Legal Unit: C
  • Address - House Number: 9420
  • Address - Street Name: 85th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: R069
  • 4-Digit Zip Code: 3584
  • Zip Code: 32967

Valuation

    Tax

  • Total Area: 2,641
  • Tax Year: 2022
  • Tax Amount: $313,721
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 3C

    Appraisal Valuation

  • Standard Deviation: 0.2194
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 430,188
  • High Value: 524,611
  • Low Value: 335,765

    Market Valuation

  • Market Total Value: $306,372
  • Market Land Value: $27,200
  • Market Improvement Value: $279,172

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $247,825

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3120200027442
  • Previous Sale Recording Date: Sep 13, 2019
  • Previous Sale Contract Date: Sep 13, 2019
  • Previous Sale Amount: $170,000
  • 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:

$389,900

Sale Price/ft²

$230

Below Asking

0.03%

Average Days on Market

84

Average Home Size

1962 ft²

Average Home Age

28.6 years

Currently For Sale

1748 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 1242 Laconia Street, Sebastian, FL, 32958

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,548 ft²
1242 Laconia Street, Sebastian, FL, 32958 Listing by Jared Lee Bynum
Unit for rent at 8736 98th Court, Vero Beach, FL, 32967

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,280 ft²
8736 98th Court, Vero Beach, FL, 32967 Listing by Susan C Prahl

Rentals Near You

Click here to view more rentals in the neighborhood.
SpaceCoast

Listed by: Michael Anthony DiGennaro, We Say Sold Inc
Last Updated: 3 years ago
Data Source: Space Coast MLS, MLS# 871930
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 9420 85th Street built and last sold?
The property at 9420 85th Street was built in 2006 and last sold on May 18, 2020 for $234,000.
How much is this home worth?
The estimated value of the home located at 9420 85th Street is $247,349.
What are some comparable homes to 9420 85th Street?
There are currently no comparable homes to 9420 85th Street.
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