NOT LISTED FOR SALE

5120 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $494,463 - $580,000

6 Beds
3 Baths
1,801 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $300,000 $167 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,392/month

5 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Attic
  • Private Pool
  • Roman Tub
  • High Ceiling

About This Home

As of March 2019

Pristine lakefront pool home in Isles at Waterway Village is priced to sell! Open floor plan w/private waterfront view is perfect for entertaining. Gourmet kitchen w/granite & SS appliances, custom wall unit & master ensuite with his and hers bath. Plantation shutters & paver patio/driveway add charm & style. Enjoy resort amenities with clubhouse, pool & tennis & sidewalks to walk/bike!

Last Agent to Sell the Property

Claire Higgins

Engel & Voelkers Vero Beach License #3357746 Listed on: 02/07/2019

Engel & Voelkers Vero Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 2013

Lot Details

  • 6,970

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 1,801 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Private Pool
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 32392100011000000392.0

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,901

Year Built

Built in 2013

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 58th Avenue N to 53rd St, right on 53rd St, right into Isles of Waterway Village. Go past clubhouse, turn left on Formosa Circle.
  • Year Built: 2013
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Garden Tub/Roman Tub, High Ceilings, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Carpet, Tile
  • Living Area: 1801.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 90.0
  • Community Features: Clubhouse, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 32392100011000000392.0
  • Zoning Description: RESIDENT

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2901.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 15, 2019
Sold by
Dietz Randi and Glass Sara
Bought by
Trost Terry Paul and Trost Brenda L
Seller's Agent
Claire Higgins
Engel & Voelkers Vero Beach
List Price
$355,000
Sold Price
$300,000
Premium/Discount to List
-$55,000
-15.49%
Current Estimated Value
$537,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,116
Avg. Annual Appreciation
9.20%

Purchase Details

Closed on
Mar 29, 2013
Sold by
Divosta Homes Lp
Bought by
Kasven Samuel Bert and Kasven Suzanne J
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
Trost Terry Paul $300,000 Patch Reef Title Company Inc
Kasven Samuel Bert $279,800 Pgp Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $300,000 -15.5% $167 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $355,000 -- $197 / 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 $5,820 $434,272 $34,000 $400,272
2023 $5,820 $372,046 $0 $0
2022 $5,175 $381,919 $34,000 $347,919
2021 $4,625 $307,476 $34,000 $273,476
2020 $4,683 $307,476 $34,000 $273,476
2019 $4,784 $305,173 $29,750 $275,423
2018 $2,928 $220,028 $0 $0
2017 $2,901 $215,503 $0 $0
2016 $2,863 $211,070 $0 $0
2015 $2,964 $209,610 $0 $0
2014 $2,880 $207,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Claire Higgins

    Seller's Agent in 2019

    Claire Higgins

    Engel & Voelkers Vero Beach

    (772) 480-1467

    1 in this area

    70 Total Sales

    Claire Higgins
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Map

Source: BeachesMLS

MLS Number: R10502945

BeachesMLS

APN: 32-39-21-00011-0000-00392.0

Florida Indian River County Vero Beach 32967 Waterway Village

5120 Formosa Cir, Vero Beach, FL

This home is located at 5120 Formosa Cir, Vero Beach, FL 32967 since 07 February 2019 and is currently estimated at $537,116, approximately $298 per square foot. This property was built in 2013. 5120 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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