NOT LISTED FOR SALE

5104 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $464,148 - $593,000

3 Beds
3 Baths
2,018 Sq Ft
$266/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $327,500 $162 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,044/month

66 Days on Market

Highlights

  • Lake Front
  • Heated Pool
  • Gated Community
  • Fitness Center
  • Home fronts a pond
  • Clubhouse

About This Home

As of April 2017

Sophisticated "Lake-Front" Oak Mount Model Home is situated on a large corner lot. 3BD/3BA + 2-Car Side Load Garage & brick paver driveway. This immaculate home features tile floors throughout, high volume ceilings, eat-in kitchen w/ stainless steel appliances, pantry & breakfast nook! Gated community features a clubhouse, pool, spa, tennis courts, exercise room, picnic area and more!

Last Agent to Sell the Property

Shane Reynolds

Keller Williams Realty of VB License #3233632 Listed on: 01/10/2017

Keller Williams Realty of VB

Co-Listed By

Scott Reynolds

Compass Florida LLC License #3154924

Last Buyer's Agent

Robyn Neudeck

Coldwell Banker Paradise License #3304890

Coldwell Banker Paradise

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,558

Year Built

  • Built in 2012

Lot Details

  • Lot Dimensions are 60x135
  • Home fronts a pond
  • Lake Front
  • Northwest Facing Home
  • Sprinkler System
  • Wooded Lot
  • Many Trees

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,018 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Insulated Windows
  • Sliding Doors
  • Tile Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 400A
  • Assessor Parcel Number 32392100011000000400.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, parking, pest control, recreation facilities, reserve fund, security
  • Isles At Waterway Village Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Card or Code Access
  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,558

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 60x135
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Single Family/Other
  • Subdivision Name: Isles at Waterway Village
  • Directions: US1 to 53rd Street. 53rd West to 51st Court. Left on 51st Court to Waterway Village Blvd. Right on Formosa
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2012
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Attic, Closet Cabinetry, High Ceilings, Kitchen Island, Pantry, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2018.0
  • Stories: 1
  • Window Features: Insulated Windows, Single Hung, Window Treatments

Exterior Features

  • Lot Features: Moderate Trees, < 1/4 Acre
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Exterior Features: Enclosed Porch, Sprinkler/Irrigation, Porch, Patio, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned, Closed Circuit Camera(s), Gated Community, Key Card Entry, Phone Entry, Smoke Detector(s)
  • Green Building Features: Reception Area
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Fitness, Other, Playground, Park, Gutter(s), Pool
  • Association Fee: 1014.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Parking, Pest Control, Recreation Facilities, Reserve Fund, Security

Lot Info

  • Parcel #: 32392100011000000400.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2558.0
  • Tax Lot: 400A
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Apr 17, 2017
Sold by
Smoke Kim Lorraine and Smoke Edward Alan
Bought by
Armero Juan M and Armero Karen A
Seller's Agent
Shane Reynolds
Keller Williams Realty of VB
Buyer's Agent
Robyn Neudeck
Coldwell Banker Paradise
List Price
$335,000
Sold Price
$327,500
Premium/Discount to List
-$7,500
-2.24%
Current Estimated Value
$535,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,287
Avg. Annual Appreciation
5.94%
Original Mortgage
$205,000
Outstanding Balance
$170,075
Interest Rate
4.1%
Mortgage Type
VA
Estimated Equity
$365,712

Purchase Details

Listed on
Oct 16, 2012
Closed on
Oct 16, 2012
Sold by
Divosta Homes Lp
Bought by
Smoke Kim Lorraine and Smoke Edward Alan
Seller's Agent
NON-MLS AGENT
NON MLS
Buyer's Agent
Craig Kohorn
Alex MacWilliam, Inc.
List Price
$234,500
Sold Price
$234,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
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
Armero Juan M $327,500 Attorney
Smoke Kim Lorraine $231,700 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Armero Juan M $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2017 04/17/17 Sold $327,500 -2.2% $162 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $335,000 +42.9% $166 / Sq Ft
10/16/2012 10/16/12 Sold $234,500 0.0% $116 / Sq Ft View Prior Sale
10/16/2012 10/16/12 For Sale $234,500 -- $116 / 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 $2,807 $303,020 -- --
2023 $2,807 $285,903 $0 $0
2022 $2,781 $277,575 $0 $0
2021 $2,769 $269,490 $0 $0
2020 $2,756 $265,769 $0 $0
2019 $2,759 $259,794 $0 $0
2018 $2,733 $254,950 $29,750 $225,200
2017 $2,647 $199,279 $0 $0
2016 $2,611 $195,180 $0 $0
2015 $2,702 $193,830 $0 $0
2014 $2,624 $192,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Reynolds

    Seller's Agent in 2017

    Shane Reynolds

    Keller Williams Realty of VB

    (772) 321-4119

    1 in this area

    288 Total Sales

    Shane Reynolds
    Section Image
  • Scott Reynolds

    Seller Co-Listing Agent in 2017

    Scott Reynolds

    Compass Florida LLC

    (772) 321-2113

    4 in this area

    707 Total Sales

    Scott Reynolds
    Section Image
  • Robyn Neudeck

    Buyer's Agent in 2017

    Robyn Neudeck

    Coldwell Banker Paradise

    (772) 778-2029

    28 Total Sales

    Robyn Neudeck
    Section Image

  • N

    Seller's Agent in 2012

    NON-MLS AGENT

    NON MLS

  • C

    Buyer's Agent in 2012

    Craig Kohorn

    Alex MacWilliam, Inc.

    (772) 713-7973

    2 in this area

    64 Total Sales

    Craig Kohorn
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 179945

APN: 32-39-21-00011-0000-00400.0

Florida Indian River County Vero Beach 32967 Waterway Village

5104 Formosa Cir, Vero Beach, FL

This home is located at 5104 Formosa Cir, Vero Beach, FL 32967 since 10 January 2017 and is currently estimated at $535,787, approximately $265 per square foot. This property was built in 2012. 5104 Formosa Cir is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Sebastian River High School.

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