NOT LISTED FOR SALE

5137 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $492,490 - $586,000

3 Beds
2.5 Baths
2,000 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $531,000 $266 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,772/month

52 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Tennis Courts
  • Gated Community
  • Community Pool
  • Den

About This Home

As of May 2022

Popular Oakmont model with 3 bedrooms, plus a den and 2.5 bathrooms with a safe room. The Kitchen has an open concept with granite counters & stainless steel refrigerator, stove, and dishwasher were replaced within the last couple of years. Enjoy the beautiful extended lanai overlooking the lake. The community has a heated pool, fitness room, clubhouse and tennis courts.

Last Agent to Sell the Property

Susan Prahl

Southern Key Realty License #3118509 Listed on: 03/04/2022

Last Buyer's Agent

Kim Weber

Dale Sorensen Real Estate Inc. License #3451849

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,939

Year Built

  • Built in 2012

Lot Details

  • 7,841 Sq Ft Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned PD

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Entrance Foyer
  • Den
  • Lake Views
  • Security Gate

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32392100011000000354.0

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,939

Year Built

Built in 2012

Lot Details

0

HOA Fees

$385 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., East on 53rd Street, Gated entry on right
  • Year Built: 2012
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2000.0
  • Dining Room Type: Den, Laundry
  • Stories: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 385.0
  • Community Features: Clubhouse, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 32392100011000000354.0
  • Lot Size Sq Ft: 7841.0
  • Zoning Description: PD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2939.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2022
Closed on
May 11, 2022
Sold by
Collins Thomas A and Collins Maureen E
Bought by
Elston Kenneth R and Incarnati Kristen K
Seller's Agent
Susan Prahl
Southern Key Realty
Buyer's Agent
Kim Weber
Dale Sorensen Real Estate Inc.
List Price
$529,900
Sold Price
$531,000
Premium/Discount to List
$1,100
0.21%
Current Estimated Value
$555,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,623
Avg. Annual Appreciation
1.33%

Purchase Details

Closed on
May 25, 2012
Sold by
Divosta Homes Lp
Bought by
Collins Thomas A and Collins Maureen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
3.9%
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
Elston Kenneth R $531,000 Majesty Title Services
Collins Thomas A $245,925 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Thomas A $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/26/2022 05/26/22 Sold $531,000 0.0% $266 / Sq Ft View Prior Sale
05/26/2022 05/26/22 Sold $531,000 +0.2% $266 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/26/2022 04/26/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $529,900 +6.0% $265 / Sq Ft
01/11/2022 01/11/22 For Sale $499,900 -- $250 / 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 $5,678 $419,265 $51,000 $368,265
2023 $5,678 $434,873 $51,000 $383,873
2022 $2,964 $238,622 $0 $0
2021 $2,953 $231,672 $0 $0
2020 $2,939 $228,474 $0 $0
2019 $2,942 $223,338 $0 $0
2018 $2,915 $219,174 $0 $0
2017 $2,888 $214,666 $0 $0
2016 $2,850 $210,250 $0 $0
2015 $2,950 $208,790 $0 $0
2014 $2,867 $207,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Prahl

    Seller's Agent in 2022

    Susan Prahl

    Southern Key Realty

    (772) 359-3334

    1 in this area

    35 Total Sales

    Susan Prahl
    Section Image
  • Kim Weber

    Buyer's Agent in 2022

    Kim Weber

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    6 in this area

    91 Total Sales

    Kim Weber
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10781405

BeachesMLS

APN: 32-39-21-00011-0000-00354.0

Florida Indian River County Vero Beach 32967 Waterway Village

5137 Formosa Cir, Vero Beach, FL

This home is located at 5137 Formosa Cir, Vero Beach, FL 32967 since 04 March 2022 and is currently estimated at $555,623, approximately $277 per square foot. This property was built in 2012. 5137 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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