Seller's Agent in 2024
Matilde Sorensen
Dale Sorensen Real Estate Inc.
(772) 532-0010
85 in this area
224 Total Sales
505 River Dr Vero Beach, FL 32963
Central Vero Beach NeighborhoodEstimated Value: $3,963,403 - $4,497,000
3
Beds
3.5
Baths
3,520
Sq Ft
$1,214/Sq Ft
Est. Value
Highlights
- Outdoor Pool
- River Front
- Marble Flooring
- Beachland Elementary School Rated A-
- Canal View
- Hydromassage or Jetted Bathtub
About This Home
As of August 2024Waterfront courtyard Pool home in Riomar Bay. Charming sun filled home designed for indoor/outdoor living. Boater's delight with dock and lift. Moments to beach access, Quail, central beach shops and restaurants. Sizes approx./subj. to error.
Last Agent to Sell the Property
Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #0316531 Listed on: 05/03/2024
Last Buyer's Agent
Dale Sorensen Real Estate Inc. Brokerage Phone: 772-231-4712 License #0316531 Listed on: 05/03/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,074
Year Built
- Built in 1974
Lot Details
- Lot Dimensions are 134x200
- River Front
- South Facing Home
- Sprinkler System
Parking
- 2 Car Attached Garage
Home Design
- Tile Roof
Interior Spaces
- 3,520 Sq Ft Home
- 1-Story Property
- Crown Molding
- Window Treatments
- French Doors
- Canal Views
Kitchen
- Built-In Oven
- Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Marble
Bedrooms and Bathrooms
- 3 Bedrooms
- Closet Cabinetry
- Walk-In Closet
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Dryer
Outdoor Features
- Outdoor Pool
- Covered Patio or Porch
- Rain Gutters
Utilities
- Multiple cooling system units
- Central Heating and Cooling System
- Electric Water Heater
Community Details
- Riomar Bay Subdivision
Listing and Financial Details
- Tax Lot 31
- Assessor Parcel Number 33400500006000000031.0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 3, 2024
Closed on
Jul 31, 2024
Sold by
Kusch Robert Alexander and Robert Alexander Kusch Revocable Trust
Bought by
Cunningham Living Trust and Cunningham
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$4,525,000
Sold Price
$4,435,000
Premium/Discount to List
-$90,000
-1.99%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$161,399
Avg. Annual Appreciation
-2.26%
Purchase Details
Closed on
Feb 17, 2016
Sold by
Kusch Robert A
Bought by
Kusch Robert Alexander
Purchase Details
Listed on
Mar 26, 2012
Closed on
Jun 8, 2012
Sold by
Markert Susan W and Markert Philip M
Bought by
Kusch Robert A
Seller's Agent
Joseph Liguori
Premier Estate Properties Inc
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$2,195,000
Sold Price
$1,900,000
Premium/Discount to List
-$295,000
-13.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Original Mortgage
$1,320,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jun 6, 2002
Sold by
Peniston Eric W
Bought by
Markert Susan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.85%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cunningham Living Trust | $4,435,000 | None Listed On Document | |
| Kusch Robert Alexander | -- | Attorney | |
| Kusch Robert A | $1,900,000 | Attorney | |
| Markert Susan W | $860,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kusch Robert A | $1,320,000 | |
| Previous Owner | Markert Susan W | $300,700 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/01/2024 08/01/24 | Sold | $4,435,000 | -2.0% | $1,260 / Sq Ft | |
| 05/14/2024 05/14/24 | For Sale | $4,525,000 | +138.2% | $1,286 / Sq Ft | |
| 06/25/2012 06/25/12 | Sold | $1,900,000 | 0.0% | $540 / Sq Ft | View Prior Sale |
| 06/25/2012 06/25/12 | Sold | $1,900,000 | -13.4% | $540 / Sq Ft | View Prior Sale |
| 05/26/2012 05/26/12 | Pending | -- | -- | -- | |
| 05/26/2012 05/26/12 | Pending | -- | -- | -- | |
| 04/04/2012 04/04/12 | For Sale | $2,195,000 | 0.0% | $624 / Sq Ft | |
| 03/02/2012 03/02/12 | For Sale | $2,195,000 | -- | $624 / Sq Ft |
Source: REALTORS® Association of Indian River County
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 |
|---|---|---|---|---|
| 2025 | $55,742 | $3,531,250 | -- | -- |
| 2024 | $23,074 | $2,801,678 | $1,716,023 | $1,085,655 |
| 2023 | $23,074 | $1,514,879 | $0 | $0 |
| 2022 | $22,434 | $1,470,756 | $0 | $0 |
| 2021 | $22,181 | $1,427,919 | $0 | $0 |
| 2020 | $22,166 | $1,408,205 | $0 | $0 |
| 2019 | $22,259 | $1,376,545 | $0 | $0 |
| 2018 | $22,236 | $1,350,878 | $0 | $0 |
| 2017 | $22,105 | $1,323,093 | $0 | $0 |
| 2016 | $21,868 | $1,295,880 | $0 | $0 |
| 2015 | $22,410 | $1,286,880 | $0 | $0 |
| 2014 | $24,806 | $1,466,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Matilde Sorensen
-
Kay Brown
K
Seller's Agent in 2012
Kay Brown
Premier Estate Properties
(772) 321-8626
24 in this area
54 Total Sales
-
Joseph Liguori
Seller's Agent in 2012
Joseph Liguori
Premier Estate Properties Inc
(561) 702-3477
24 in this area
145 Total Sales
-
Linda Gonzalez
Buyer's Agent in 2012
Linda Gonzalez
Coldwell Banker Paradise
(772) 559-7367
7 in this area
90 Total Sales
-
L
Buyer's Agent in 2012
Laurie Barfield
The Keyes Company - Stuart
Map
Source: REALTORS® Association of Indian River County
MLS Number: 278234
APN: 33-40-05-00006-0000-00031.0
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