NOT LISTED FOR SALE

5133 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $556,028 - $581,000

3 Beds
2.5 Baths
2,000 Sq Ft
$285/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $350,000 $175 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,810/month

138 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Great Room
  • Heated Pool
  • High Ceiling
  • Tennis Courts

About This Home

As of May 2019

Upgraded 2011 3 Bed lake front pool home just 16 minutes to the ocean. Fantastic pool area with heated spa. office, granite counters, impact doors & windows, covered screened patio area, open kitchen, 2 car garage in a resort style development. Construction supervised by Helmet House for friends. Village.Owner says sell now so price is lowest priced pool home in Waterway Village.

Last Agent to Sell the Property

Al Benkert

Vero Beachside Sales Rentals License #3221516 Listed on: 11/22/2018

Last Buyer's Agent

Chris Butler

Keller Williams Realty Profess License #3423558

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,675

Year Built

  • Built in 2011

Lot Details

  • 8,295 Sq Ft Lot
  • Lake Front

HOA Fees

  • $374 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Great Room
  • Lake Views
  • Security Gate
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Heated Pool
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 32392100011000000353.0

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,675

Year Built

Built in 2011

Lot Details

0

HOA Fees

$374 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: THE ISLES AT WATERWAY VILLAGE
  • Year Built: 2011
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dual Sinks, High Ceilings, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2000.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Foreign Seller
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Association Fee: 374.0
  • Community Features: Clubhouse, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 32392100011000000353.0
  • Lot Size Sq Ft: 8295.0
  • Zoning Description: resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4675.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2018
Closed on
May 10, 2019
Sold by
Peka Of Vero Llc
Bought by
Costa Perry J
Seller's Agent
Al Benkert
Vero Beachside Sales Rentals
Buyer's Agent
Chris Butler
Keller Williams Realty Profess
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%
Current Estimated Value
$569,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,007
Avg. Annual Appreciation
7.80%
Original Mortgage
$315,000
Outstanding Balance
$275,818
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$293,189

Purchase Details

Listed on
Nov 22, 2018
Closed on
Apr 30, 2019
Sold by
Hannus Per Gosta and Hannus Eva Karin
Bought by
Peka Of Vero Llc
Seller's Agent
Al Benkert
Vero Beachside Sales Rentals
Buyer's Agent
Chris Butler
Keller Williams Realty Profess
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Outstanding Balance
$275,818
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$293,189

Purchase Details

Closed on
Dec 12, 2011
Sold by
Divosta Homes Lp
Bought by
Hannus Per Gosta and Hannus Eva Karin
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
Costa Perry J $350,000 Oceanside Title & Escrow Inc
Peka Of Vero Llc -- Attorney
Peka Of Vero Llc -- Attorney
Hannus Per Gosta $264,400 Pgp Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Perry J $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $350,000 -6.7% $175 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
11/22/2018 11/22/18 For Sale $375,000 0.0% $188 / Sq Ft
12/01/2017 12/01/17 Rented $4,500 0.0% --
11/01/2017 11/01/17 Under Contract -- -- --
07/31/2017 07/31/17 For Rent $4,500 -- --
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 $5,420 $457,537 -- --
2023 $5,420 $416,320 $0 $0
2022 $5,287 $404,194 $51,000 $353,194
2021 $4,927 $328,249 $51,000 $277,249
2020 $4,995 $328,564 $51,000 $277,564
2019 $5,073 $324,792 $44,625 $280,167
2018 $4,675 $294,243 $44,625 $249,618
2017 $4,681 $290,185 $0 $0
2016 $4,457 $276,920 $0 $0
2015 $4,194 $246,420 $0 $0
2014 $3,745 $223,080 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Al Benkert

    Seller's Agent in 2019

    Al Benkert

    Vero Beachside Sales Rentals

    (772) 713-1045

    41 Total Sales

    Al Benkert
    Section Image

  • C

    Buyer's Agent in 2019

    Chris Butler

    Keller Williams Realty Profess

See All Agents

Map

Source: BeachesMLS

MLS Number: R10483099

BeachesMLS

APN: 32-39-21-00011-0000-00353.0

Florida Indian River County Vero Beach 32967 Waterway Village

5133 Formosa Cir, Vero Beach, FL

This home is located at 5133 Formosa Cir, Vero Beach, FL 32967 since 22 November 2018 and is currently estimated at $569,007, approximately $284 per square foot. This property was built in 2011. 5133 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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