NOT LISTED FOR SALE

5114 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $469,570 - $605,000

3 Beds
3 Baths
2,000 Sq Ft
$273/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $323,350 $162 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,161/month

29 Days on Market

Highlights

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

About This Home

As of July 2016

Beautiful Oakmont model on lake in Isles of Waterway, Vero Beach.

Last Agent to Sell the Property

David Riley

One Sotheby's Int'l Realty License #3092901 Listed on: 05/23/2016

One Sotheby's Int'l Realty

Co-Listed By

Linda Riley

One Sotheby's Int'l Realty License #3223787

Last Buyer's Agent

David Riley

One Sotheby's Int'l Realty License #3092901 Listed on: 05/23/2016

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,685

Year Built

  • Built in 2013

Lot Details

  • Lot Dimensions are 49x135
  • Home fronts a pond
  • Lake Front
  • Northwest Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 395A
  • Assessor Parcel Number 32392100011000000395.0

Community Details

Overview

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

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,685

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 49x135
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0225
  • Co List Office Phone: 772-492-1002
  • Ownership: Single Family/Other
  • Subdivision Name: Isles at Waterway Village
  • Directions: Take 58th Ave north to 53rd St, right to entrance on right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2013
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Split Bedrooms
  • Living Area: 2000.0
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Northwest
  • Exterior Features: Sprinkler/Irrigation, Rain Gutters, Storm/Security Shutters
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Library, Other, Playground, Property Manager On-Site, Tennis Court(s), Gutter(s), Pool
  • Association Fee: 1011.0
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 32392100011000000395.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2685.0
  • Tax Lot: 395A
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 22, 2016
Sold by
Nixon Joseph F
Bought by
Sweeney Tabatha A
Seller's Agent
David Riley
One Sotheby's Int'l Realty
Buyer's Agent
David Riley
One Sotheby's Int'l Realty
List Price
$325,000
Sold Price
$323,350
Premium/Discount to List
-$1,650
-0.51%
Current Estimated Value
$545,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,793
Avg. Annual Appreciation
5.80%
Original Mortgage
$290,650
Outstanding Balance
$231,727
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$313,416

Purchase Details

Closed on
Aug 29, 2013
Sold by
Divosta Homes Lp
Bought by
Nixon Joseph F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sweeney Tabatha A $323,400 Oceanside Title & Escrow Inc
Nixon Joseph F $250,100 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sweeney Tabatha A $290,650
Previous Owner Nixon Joseph F $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $323,350 -0.5% $162 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $325,000 -- $163 / 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 $3,627 $304,724 -- --
2023 $3,627 $287,510 $0 $0
2022 $3,533 $279,136 $0 $0
2021 $3,524 $271,006 $0 $0
2020 $3,512 $267,264 $0 $0
2019 $3,519 $261,255 $0 $0
2018 $3,489 $256,384 $29,750 $226,634
2017 $3,469 $251,712 $0 $0
2016 $2,594 $194,130 $0 $0
2015 $2,685 $192,790 $0 $0
2014 $2,607 $191,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2016

    David Riley

    One Sotheby's Int'l Realty

    (772) 321-5984

    16 in this area

    23 Total Sales

    David Riley
    Section Image

  • L

    Seller Co-Listing Agent in 2016

    Linda Riley

    One Sotheby's Int'l Realty

    (772) 321-4886

    9 in this area

    15 Total Sales

    Linda Riley
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 171191

APN: 32-39-21-00011-0000-00395.0

Florida Indian River County Vero Beach 32967 Waterway Village

5114 Formosa Cir, Vero Beach, FL

This home is located at 5114 Formosa Cir, Vero Beach, FL 32967 since 23 May 2016 and is currently estimated at $545,143, approximately $272 per square foot. This property was built in 2013. 5114 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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