NOT LISTED FOR SALE

5110 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $522,055 - $580,000

3 Beds
2 Baths
2,000 Sq Ft
$274/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $590,000 $295 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,551/month

55 Days on Market

Highlights

  • 49 Feet of Waterfront
  • Gated Community
  • Clubhouse
  • Fitness Center
  • Lake View
  • Roman Tub

About This Home

As of December 2023

Enjoy relaxing in the new extended lanai overlooking the lake and bright southern exposure. You'll love the fully upgraded kitchen, baths & laundry room w/designer high-quality cabinets, pullout shelves and soft close doors, quartz countertops, SS sinks & upgraded plumbing. New carpet in 2 bedrooms and new tile throughout the main living areas. Stylish new fireplace with granite face, cabinets & custom wood countertop, 65" TV stays! New Trane A/C. New Whirlpool refrigerator, two new impact sliders, garage cabinets/slat walls & epoxy flooring. Resort Style Living 15 minutes from the beach!!

Last Agent to Sell the Property

Kim Small

Keller Williams Realty of VB License #3048263 Listed on: 11/03/2023

Keller Williams Realty of VB

Last Buyer's Agent

Kim Small

Keller Williams Realty of VB License #3048263 Listed on: 11/03/2023

Keller Williams Realty of VB

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,013

Year Built

  • Built in 2012

Lot Details

  • 49 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Privacy Fence
  • Paved or Partially Paved Lot
  • Sprinkler System

HOA Fees

  • $413 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Dining Room
  • Den
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32392100011000000397.

Community Details

Overview

  • Association fees include common area maintenance, cable TV, ground maintenance
  • Isles At Waterway Village Subdivision, Oakmont Floorplan

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,013

Year Built

Built in 2012

Lot Details

0

HOA Fees

$413 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 53rd St to the Isles at Waterway Village to Formosa
  • Year Built: 2012
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Entrance Foyer, Fireplace, Garden Tub/Roman Tub, High Ceilings, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Living Area: 2000.0
  • Dining Room Type: Den, Dining Room, Florida Room

Exterior Features

  • Exterior Features: Patio, Privacy Wall, Storm/Security Shutters
  • View: Lake
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Community
  • Pool Private: No
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Paver Block, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 413.0
  • Community Features: Clubhouse, Fitness Center, Gated, Pickleball, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Cable TV, Maintenance Grounds

Lot Info

  • Parcel #: 32392100011000000397.

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3013.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2023
Closed on
Dec 28, 2023
Sold by
Lorie A Thompson Masters Family Revocabl
Bought by
Baran Douglas B and Baran Linda G
Seller's Agent
Kim Small
Keller Williams Realty of VB
Buyer's Agent
Kim Small
Keller Williams Realty of VB
List Price
$610,000
Sold Price
$590,000
Premium/Discount to List
-$20,000
-3.28%
Views
135
Current Estimated Value
$548,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,236
Avg. Annual Appreciation
-3.88%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 22, 2021
Sold by
Thompson Masters Lorie A
Bought by
Lorie A Thompson Masters Family Revocable Tru
Seller's Agent
Craig Kohorn
Alex MacWilliam, Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$450,000
Sold Price
$439,670
Premium/Discount to List
-$10,330
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.19%
Original Mortgage
$155,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2021
Closed on
Nov 30, 2021
Sold by
Simpson Brant Lewis and Simpson Muriel Lois
Bought by
Masters Lone A Thompson
Seller's Agent
Craig Kohorn
Alex MacWilliam, Inc.
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$450,000
Sold Price
$439,670
Premium/Discount to List
-$10,330
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2013
Sold by
Divosta Homes Lp
Bought by
Simpson Brant Lewis and Simpson Muriel Lois
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Baran Douglas B $590,000 Patch Reef Title
Baran Douglas B $590,000 Patch Reef Title
Lorie A Thompson Masters Family Revocable Tru -- Jennifer D Peshke Pa
Masters Lone A Thompson $439,700 Supreme Title Solutions Llc
Simpson Brant Lewis $229,000 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Masters Lone A Thompson $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2023 12/29/23 Sold $590,000 -3.3% $295 / Sq Ft
11/03/2023 11/03/23 For Sale $610,000 +38.7% $305 / Sq Ft
11/30/2021 11/30/21 Sold $439,670 -2.3% $220 / Sq Ft View Prior Sale
10/31/2021 10/31/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $450,000 -- $225 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $3,124 $392,671 $34,000 $358,671
2023 $3,124 $251,420 $0 $0
2022 $3,013 $242,055 $0 $0
2021 $4,203 $278,473 $34,000 $244,473
2020 $4,293 $281,046 $34,000 $247,046
2019 $4,352 $276,796 $29,750 $247,046
2018 $4,024 $252,065 $29,750 $222,315
2017 $4,017 $247,815 $0 $0
2016 $3,783 $234,710 $0 $0
2015 $3,543 $206,570 $0 $0
2014 $3,205 $190,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Small

    Seller's Agent in 2023

    Kim Small

    Keller Williams Realty of VB

    (772) 480-4660

    31 in this area

    136 Total Sales

    Kim Small
    Section Image

  • C

    Seller's Agent in 2021

    Craig Kohorn

    Alex MacWilliam, Inc.

    (772) 713-7973

    2 in this area

    64 Total Sales

    Craig Kohorn
    Section Image
  • Kyle Von Kohorn

    Seller Co-Listing Agent in 2021

    Kyle Von Kohorn

    Alex MacWilliam, Inc.

    (772) 501-0816

    3 in this area

    69 Total Sales

    Kyle Von Kohorn
    Section Image

  • N

    Buyer's Agent in 2021

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10408149

BeachesMLS (Greater Fort Lauderdale)

APN: 32-39-21-00011-0000-00397.0

Florida Indian River County Vero Beach 32967 Waterway Village

5110 Formosa Cir, Vero Beach, FL

This home is located at 5110 Formosa Cir, Vero Beach, FL 32967 since 03 November 2023 and is currently estimated at $548,764, approximately $274 per square foot. This property was built in 2012. 5110 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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