$2,100,000
SOLD MAY 17, 2018

518 River Dr Vero Beach, FL 32963

3 Beds
3 Baths
2,582 Sq Ft
1981 Built

Recently Sold

$813 Per Sq Ft

7% Below List Price

Highlights

  • Access To Intracoastal Waterway
  • Outdoor Pool
  • Wood Flooring
  • Beachland Elementary School Rated A-
  • River View
  • 1 Fireplace

About This Home

As of October 2024

Poised on over a half acre in coveted Riomar Bay, this meticulously maintained home offers incredible river views. Boasting over 2,580 SF, Chicago Brick flooring in foyer, living rm w/wood burning fireplace, formal dining rm & spacious master suite. Picturesque setting is complete with new lanai & remodeled pool – near completion. Sizes approx./subject to error.

Last Agent to Sell the Property

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 05/17/2018

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Matilde Sorensen

Dale Sorensen Real Estate Inc. License #0316531 Listed on: 05/17/2018

Dale Sorensen Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,783

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 128x232
  • River Front
  • West Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wet Bar
  • Crown Molding
  • 1 Fireplace
  • Jalousie or louvered window
  • Sliding Doors
  • River Views
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Outdoor Pool
  • Heated Pool
  • Solar Heated Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Riomar Bay Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 33400500006000000043.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,783

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 128x232
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: Riomar Bay off A1A, first left onto River Drive, Home will be on the left
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 1981
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: Wet Bar, Crown Molding, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Stories: 1
  • Window Features: Jalousie, Window Treatments

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Heated, Pool, Private, Solar Heat
  • Pool Private: Yes
  • View: River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Front
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Fence, Sprinkler/Irrigation, Porch, Patio, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 33400500006000000043.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18783.0
  • Tax Lot: 43
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2024
Closed on
Oct 22, 2024
Sold by
Hall Ronald S and Hall Alice T
Bought by
Dyer William David and Dyer Tatiana Yepes
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Cathy Curley
Dale Sorensen Real Estate Inc.
List Price
$4,495,000
Sold Price
$4,495,000
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.04%
Original Mortgage
$2,550,000
Outstanding Balance
$2,537,658
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$1,855,807

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 8, 2018
Sold by
Mcmanus Mary Linda and Mcmanus Paul A
Bought by
Hall Ronald S and Hall Alice T
Seller's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
Buyer's Agent
Matilde Sorensen
Dale Sorensen Real Estate Inc.
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Oct 26, 2016
Sold by
Mcmanus Mary Linda
Bought by
Mcmanus Mary Linda and Mcgowan Paul A

Purchase Details

Closed on
Feb 22, 2012
Sold by
Mcmanus Mary Linda and Carnes Lauren A
Bought by
Mcmanus Rose M

Purchase Details

Closed on
Dec 19, 2011
Sold by
Mcmanus Rose M
Bought by
Mcmanus Mary Linda

Purchase Details

Closed on
Oct 22, 2008
Sold by
Mcmanus Rose M and Mcmanu Mary Linda
Bought by
Mcmanus Rose M and Mcmanus Mary Linda

Purchase Details

Closed on
Dec 13, 2006
Sold by
Mcmanus Thomas L
Bought by
Mcmanus Thomas L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,495,000 Supreme Title Solutions
Warranty Deed $2,100,000 Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,550,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2025 01/29/25 Price Changed $12,000 -40.0% $5 / Sq Ft
10/30/2024 10/30/24 For Rent $20,000 0.0% --
10/22/2024 10/22/24 Sold $4,495,000 0.0% $1,741 / Sq Ft
07/25/2024 07/25/24 For Sale $4,495,000 +114.0% $1,741 / Sq Ft
05/17/2018 05/17/18 Sold $2,100,000 -6.7% $813 / Sq Ft
05/17/2018 05/17/18 For Sale $2,250,000 -- $871 / 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 $21,232 $2,317,203 $1,766,140 $551,063
2023 $21,232 $1,396,377 $0 $0
2022 $20,643 $1,355,705 $0 $0
2021 $20,407 $1,316,218 $0 $0
2020 $20,391 $1,298,045 $0 $0
2019 $20,324 $1,259,730 $0 $0
2018 $21,919 $1,431,101 $1,177,427 $253,674
2017 $18,783 $1,089,562 $0 $0
2016 $18,860 $1,082,940 $0 $0
2015 $18,549 $1,032,010 $0 $0
2014 $17,711 $1,018,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Heather Delamarter

    Berkshire Hathaway Florida

    (772) 321-3056

    1 Total Sale

    Heather Delamarter
    Section Image
  • Matilde Sorensen

    Seller's Agent in 2024

    Matilde Sorensen

    Dale Sorensen Real Estate Inc.

    (772) 532-0010

    258 Total Sales

    Matilde Sorensen
    Section Image
  • Cathy Curley

    Buyer's Agent in 2024

    Cathy Curley

    Dale Sorensen Real Estate Inc.

    (772) 559-1359

    74 Total Sales

    Cathy Curley
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 204842

APN: 33-40-05-00006-0000-00043.0

Florida Indian River County Vero Beach 32963

518 River Dr, Vero Beach, FL

This home is located at 518 River Dr, Vero Beach, FL 32963 and is currently priced at $2,100,000, approximately $813 per square foot. This property was built in 1981. 518 River Dr is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

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