NOT LISTED FOR SALE

2005 5th St Vero Beach, FL 32962

Estimated Value: $284,772 - $304,000

3 Beds
2 Baths
1,151 Sq Ft
$255/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $199,000 $173 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,816/month

Highlights

  • Screened Patio
  • Walk-In Closet
  • French Doors
  • Vero Beach High School Rated A-
  • Views
  • Central Heating and Cooling System

About This Home

As of November 2020

The perfect 3/2/1 in Laurelwood! You will enjoy the updated kitchen that has stainless steal appliances, granite counter tops, and large breakfast bar. Both bathroom have been updated to allowing you to move in with very little effort! This concrete block home with impact windows is perfect for a lock a leave scenario when storms are headed our way. Bonus to the home is the large yard!

Last Agent to Sell the Property

Ashley Lombardo

Keller Williams Realty of VB License #3234971 Listed on: 10/01/2020

Keller Williams Realty of VB

Co-Listed By

Kristi White

Keller Williams Realty of VB License #3306108

Last Buyer's Agent

Sarah Saffron

Equity Florida Treasure Coast License #3440499

Equity Florida Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1976

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 85x85
  • North Facing Home

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • French Doors
  • Property Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Additional Features

  • Screened Patio
  • Central Heating and Cooling System

Community Details

  • Laurelwood Subdivision

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 33391400018000000001.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.19
  • Lot Size: 85x85
  • Co List Office Mls Id: 1352
  • Co List Office Phone: 772-257-8000
  • Ownership: Single Family/Other
  • Subdivision Name: Laurelwood
  • Directions: 20th Ave to 5th st, house on the corner
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1976
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-257-8000
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate
  • Interior Amenities: Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • View: Other
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Screened
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Other, Sidewalks
  • Association Name: na
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33391400018000000001.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1940.0
  • Tax Lot: 1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2021
Sold by
Ofeimu Benjamin
Bought by
Ofeimu Tiffany M Wright and Ofeimu Benjamin
Current Estimated Value
$293,693

Purchase Details

Listed on
Oct 1, 2020
Closed on
Nov 13, 2020
Sold by
Mello Benjamin L and Mello Tabitha J
Bought by
Ofeimu Benjamin
Seller's Agent
Ashley Lombardo
Keller Williams Realty of VB
Buyer's Agent
Sarah Saffron
Equity Florida Treasure Coast
List Price
$19,900
Sold Price
$199,000
Premium/Discount to List
$179,100
900%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.22%
Original Mortgage
$189,050
Outstanding Balance
$168,228
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$125,465

Purchase Details

Closed on
Jan 26, 2018
Sold by
White Martin P
Bought by
Mello Benjamin L and Mello Tabitha J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,649
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 22, 2004
Sold by
Torstenson Rose L
Bought by
White Martin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1995
Sold by
Vinogradov Victor and Vinogradov Emma
Bought by
Torstenson Frithjof L and Torstenson Rose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,400
Interest Rate
7.54%
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
Ofeimu Tiffany M Wright -- Accommodation
Ofeimu Benjamin $199,000 Majesty Title Services
Mello Benjamin L $185,000 Stewart Title Co
White Martin P $91,000 Indian River Title Company
Torstenson Frithjof L $75,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ofeimu Benjamin $189,050
Previous Owner Mello Benjamin L $181,649
Previous Owner White Martin P $72,800
Previous Owner Torstenson Frithjof L $67,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2020 11/16/20 Sold $199,000 +900.0% $173 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $19,900 -- $17 / 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 $3,156 $220,717 $32,593 $188,124
2023 $3,156 $206,353 $0 $0
2022 $2,838 $187,594 $32,593 $155,001
2021 $2,379 $150,605 $26,075 $124,530
2020 $1,587 $134,403 $21,185 $113,218
2019 $1,940 $115,905 $21,185 $94,720
2018 $1,512 $87,068 $16,296 $70,772
2017 $1,429 $82,845 $0 $0
2016 $1,331 $76,550 $0 $0
2015 $1,230 $65,170 $0 $0
2014 $1,114 $60,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 236291

APN: 33-39-14-00018-0000-00001.0