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586 38th Avenue

586 38th Avenue, Vero Beach, FL 32968
Property in Vero Beach
Sold Nov 17, 2021
$367,290
Sold Oct 07, 2021
$232,000
$208,800 by Lendinghome Funding Corp
Mortgage
Local assessors in Vero Beach, FL have categorized 586 38th Avenue as a residential type of property. The home was built in 1969 and is 55 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 16,988 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. 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 586 38th Avenue has a total of 2,390 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. 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 asphalt. 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 gypsum boards such as those made of drywall, sheetrock, etc. 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, 586 38th Avenue sold most recently in Nov 16, 2021 for a total of $367,290. If you work out the math, that's approximately a cost of $153.68 per sqft. Before that, the property was also sold for $232,000 in Oct 5, 2021. 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 $5,167 in taxes each year. 586 38th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $345,822. If we break it down further, the land itself was valued at $65,748. Improvements to the property, however, were assessed at a total of $280,074. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1969
  • Effective Year Built: 1990
  • Building Count: 2
  • Total Rooms: 10
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,700
  • Total Building Area: 2,390
  • Gross Building Area: 2,390
  • Building Area: 2,390
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,390
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLEMANN ESTATES UNIT NO 1
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLEMANN ESTATES UNIT NO 1 BLK D LOTS 9,10 & 11 PBI 3-63

Ownership

  • Current Owner : BROWN BRYAN
  • Current Owner 2: BROWN MELINDA
  • Previous Owner : TRUE HAVEN LLC
  • Owner Before Previous Owner: GIBBS RODNEY
  • Owner Before Previous Owner 2: GIBBS KIMBERLY
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Indian River County School District
  • Census Tract: 050702

Zoning

  • Zoning: RS-6

Geography

  • Parcel: 33-39-15-00005-0004-00010.0
  • Block: D
  • Lot: 9-11
  • Meridian: SEC 15 TWN 33S RNG 39E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6124
  • Longitude: -80.4246

    Address

  • Full Address: 586 38th Ave
  • Legal Unit: NO
  • Address - House Number: 586
  • Address - Street Name: 38th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Vero Beach
  • Carrier Code: C001
  • 4-Digit Zip Code: 1927
  • Zip Code: 32968

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,167
  • Tax Rate Code Area: 7

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 72
  • Final Value: 512,674
  • High Value: 617,122
  • Low Value: 408,225

    Market Valuation

  • Market Total Value: $345,822
  • Market Land Value: $65,748
  • Market Improvement Value: $280,074

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $345,822
  • Assessed Land Value: $65,748
  • Assessed Improvements Value: $280,074

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Nov 17, 2021
  • Current Sale Transaction ID: 11868956749
  • Current Sale Price: $367,290
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3120210079799
  • Previous Sale Recording Date: Oct 07, 2021
  • Previous Sale Contract Date: Oct 05, 2021
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Oct 07, 2021
  • Previous Mortgage Loan Amount: $208,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 586 38th Avenue located in?
The 586 38th Avenue is a located in the neighborhood of Vero Beach in Vero Beach South, Vero Beach.
What is the average sales price for listings in 586 38th Avenue?
The average sales price for units in 586 38th Avenue is $0 currently.

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