NOT LISTED FOR SALE

5112 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $480,311 - $578,000

3 Beds
3 Baths
2,000 Sq Ft
$268/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $375,000 $188 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,667/month

4 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Attic
  • Gated Community
  • Vaulted Ceiling
  • Great Room

About This Home

As of February 2021

Beautiful Divosta Oakmont -Single Family Home on a oversized lot. 3 Bedroom and 3 Bathroom plus Den. Light and Airy Open Floor plan with Vaulted ceilings and gorgeous water views. Upgraded kitchen cabinets and granite counters. Great room has built ins. All Bedrooms, Great room and den have ceiling fans. Elevation C (Side Load garage with Large Driveway. Front porch and Rear Patios. Meticulous landscaping. Accordion storm shutters. Build Smart Certified Energy Efficient Home. Community Meeting Room Community Pool, Tennis and Pickle ball Courts. Bird Sanctuary with Benches for Seating. Dont miss out on this Turnkey Home!

Last Agent to Sell the Property

Jennifer Stein

Inactive Member License #3372746 Listed on: 01/21/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 2013

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front
  • Interior Lot
  • Property is zoned PD

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Arched Windows
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Den
  • Ceramic Tile Flooring
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32392100011000000396.0

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, recreation facilities
  • Isles At Waterway Village Subdivision

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 2013

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 58th Ave to 53 St to Entrance Gate for Isles at Waterway Village. Take Waterway Village Blvd to Formosa Cir Turn Left Go to Address at 5112 Formosa Cir.
  • Year Built: 2013
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Kitchen/Dining Combo, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Attic
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2000.0
  • Dining Room Type: Attic, Den, Great Room, Laundry
  • Stories: 1
  • Window Features: Arched

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 380.0
  • Community Features: Clubhouse, Gated, Pickleball, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pickleball, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Recreation Facilities

Lot Info

  • Parcel #: 32392100011000000396.0
  • Lot Size: 65.0 ft x 135.0 ft
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: PD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1999.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2021
Closed on
Feb 25, 2021
Sold by
Morse Gary J and Morse Diane A
Bought by
Smith Bonnie M and Smith John R
Seller's Agent
Jennifer Stein
Inactive Member
List Price
$378,900
Sold Price
$375,000
Premium/Discount to List
-$3,900
-1.03%
Current Estimated Value
$536,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,578
Avg. Annual Appreciation
7.97%

Purchase Details

Listed on
Jul 8, 2016
Closed on
Nov 1, 2016
Sold by
Jablonski Richard J and Jablonski Patricia M
Bought by
Morse Gary J and Morse Diane A
Seller's Agent
David Riley
Inactive Member
Buyer's Agent
David Riley
Inactive Member
List Price
$334,900
Sold Price
$334,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Jul 19, 2013
Sold by
Divosta Homes Lp
Bought by
Jablonski Richard J and Jablonski Patricia M
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
Smith Bonnie M $375,000 Treasure Coast Ttl & Setmnt
Morse Gary J $334,900 Oceanside Title & Escrow Inc
Jablonski Richard J $260,300 Pgp Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2021 02/25/21 Sold $375,000 -1.0% $188 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
01/21/2021 01/21/21 For Sale $378,900 +13.1% $189 / Sq Ft
11/01/2016 11/01/16 Sold $334,900 0.0% $167 / Sq Ft View Prior Sale
10/02/2016 10/02/16 Pending -- -- --
07/08/2016 07/08/16 For Sale $334,900 -- $167 / Sq Ft
Source: BeachesMLS

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 $5,681 $396,113 $34,000 $362,113
2023 $5,681 $384,040 $0 $0
2022 $5,066 $349,127 $34,000 $315,127
2021 $2,014 $167,623 $0 $0
2020 $1,999 $165,309 $0 $0
2019 $1,995 $161,593 $0 $0
2018 $1,972 $158,580 $0 $0
2017 $1,949 $155,319 $0 $0
2016 $2,130 $164,880 $0 $0
2015 $2,204 $163,740 $0 $0
2014 $2,136 $162,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennifer Stein

    Inactive Member

    Section Image

  • D

    Seller's Agent in 2016

    David Riley

    Inactive Member

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Map

Source: BeachesMLS

MLS Number: R10686353

BeachesMLS

APN: 32-39-21-00011-0000-00396.0

Florida Indian River County Vero Beach 32967 Waterway Village

5112 Formosa Cir, Vero Beach, FL

This home is located at 5112 Formosa Cir, Vero Beach, FL 32967 since 21 January 2021 and is currently estimated at $536,578, approximately $268 per square foot. This property was built in 2013. 5112 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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