NOT LISTED FOR SALE

1561 5th Ave Vero Beach, FL 32960

Estimated Value: $249,000 - $306,000

3 Beds
1.5 Baths
624 Sq Ft
$439/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $197,000 $316 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,640/month

30 Days on Market

Highlights

  • Above Ground Pool
  • Clubhouse
  • Garden View
  • Vero Beach High School Rated A-
  • Deck
  • Shed

About This Home

As of May 2021

Beautifully maintained residence featuring a newer roof, solar panels, windows, updated kitchen w/stainless steel appliances, tile flooring throughout, tankless hot water heater and newer A/C in FL room. Citron termite system, newer plumbing, covered Pergola, fenced yard with storage shed. Centrally located and just a short drive to the beaches, shopping, parks and all Vero has to offer!

Last Agent to Sell the Property

Beverly Lombardo

Tropic Shores Real Estate LLC License #0665514 Listed on: 03/28/2021

Last Buyer's Agent

Jennifer Martin

EXP Realty, LLC License #3152360

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,510

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 85x97
  • East Facing Home
  • Few Trees

Parking

  • Driveway

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Window Treatments
  • Sliding Doors
  • Tile Flooring
  • Garden Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Fire and Smoke Detector

Outdoor Features

  • Above Ground Pool
  • Deck
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Rock Ridge Subdivision
  • Clubhouse

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 33391200001000400016.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,510

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 85x97
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Rock Ridge
  • Directions: South on 6th Avenue - west on 16th Street - right on 5th Avenue
  • Architectural Style: One Story
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1956
  • ResoBuildingAreaSource: Other
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Pantry
  • Stories: 1
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: Other

Exterior Features

  • Lot Features: Few Trees, < 1/4 Acre
  • Pool Features: Above Ground, Pool
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: East
  • Exterior Features: Deck, Shed
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Laundry Features: In Unit
  • Security: Security System Leased, Smoke Detector(s)
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse
  • Association Name: None
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33391200001000400016.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1510.0
  • Tax Lot: 16
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2021
Closed on
May 28, 2021
Sold by
Sara B Erickson Living Trust
Bought by
Dent Sheryl Lyn
Seller's Agent
Beverly Lombardo
Tropic Shores Real Estate LLC
Buyer's Agent
Jennifer Martin
EXP Realty, LLC
List Price
$195,000
Sold Price
$197,000
Premium/Discount to List
$2,000
1.03%
Current Estimated Value
$273,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,683
Avg. Annual Appreciation
7.87%
Original Mortgage
$193,431
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2019
Sold by
Erickson Sara B
Bought by
Sara B Erickson Revocable Living Trust

Purchase Details

Listed on
Apr 25, 2018
Closed on
May 29, 2018
Sold by
Balzotti James and Balzotti Linda
Bought by
Erickson Sara B
Seller's Agent
Steve Rennick
Rennick Real Estate
Buyer's Agent
Beverly Lombardo
Tropic Shores Real Estate LLC
List Price
$139,000
Sold Price
$135,000
Premium/Discount to List
-$4,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%
Original Mortgage
$128,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2018
Sold by
Corfield Linda Grace and Balzotti Linda
Bought by
Balzotti James and Balzotti Linda

Purchase Details

Closed on
Feb 27, 2015
Sold by
Privitera Lorraine and Jacobson Rachael
Bought by
Corfield Linda Grace

Purchase Details

Closed on
Dec 2, 2014
Sold by
Aim Funding Llc
Bought by
Germano Tracy L and Germano Anthony R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2011
Sold by
Bussey Lila J
Bought by
Lackey Rachael and Privitera Lorraine

Purchase Details

Closed on
Sep 30, 2010
Sold by
Peterson David A and Peterson Diana K
Bought by
Bussey Lila J

Purchase Details

Closed on
Jun 6, 2002
Sold by
Friedman Louise
Bought by
Peterson David A and Peterson Diana K
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dent Sheryl Lyn $197,000 Supreme Title Solutions
Dent Sheryl Lyn $197,000 Supreme Title Solutions Llc
Sara B Erickson Revocable Living Trust -- Attorney
Erickson Sara B $135,000 Riomer Title Llc
Balzotti James -- Attorney
Corfield Linda Grace $86,500 St Lucie Title Services Inc
Germano Tracy L $125,000 --
Lackey Rachael $59,000 Island Title Agency Llc
Bussey Lila J $45,000 Island Title Agency Llc
Peterson David A $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dent Sheryl Lyn $193,431
Previous Owner Erickson Sara B $128,250
Previous Owner Germano Tracy L $93,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2021 05/28/21 Sold $197,000 +1.0% $316 / Sq Ft
04/28/2021 04/28/21 Pending -- -- --
03/28/2021 03/28/21 For Sale $195,000 +44.4% $313 / Sq Ft
06/01/2018 06/01/18 Sold $135,000 -2.9% $127 / Sq Ft View Prior Sale
05/02/2018 05/02/18 Pending -- -- --
04/25/2018 04/25/18 For Sale $139,000 -- $131 / Sq Ft
Source: REALTORS® Association of Indian River County

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,197 $197,268 -- --
2023 $2,197 $186,125 $0 $0
2022 $2,133 $180,704 $28,489 $152,215
2021 $1,523 $134,472 $0 $0
2020 $1,510 $132,615 $0 $0
2019 $1,504 $129,634 $28,489 $101,145
2018 $1,809 $118,289 $26,708 $91,581
2017 $1,696 $110,121 $0 $0
2016 $1,451 $84,430 $0 $0
2015 $612 $60,980 $0 $0
2014 $412 $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 242319

APN: 33-39-12-00001-0004-00016.0