NOT LISTED FOR SALE

5191 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood

Estimated Value: $615,965 - $662,000

4 Beds
3.5 Baths
-- Sq Ft
8,712 Sq Ft Lot

Last Sold September 06, 2019

Last sale price $412,500

Est. 56% increase in value since last sale

Current estimated payment $3,800/month

172 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Garden View
  • Outdoor Pool
  • Clubhouse
  • High Ceiling

About This Home

As of September 2019

FABULOUS Carlyle floor plan built in 2013. Private lanai & pool overlooks beautifully landscaped hillside. Formal living & dining rms, family rm, all w/soaring ceilings and crown moldings. Lg tile floors throughout. Wainscoting in baths, hall and some accent walls. Plantation shutters, custom built-ins in family rm. Granite countertops. "Safe room". Accordion shutters. 2 Covered porches.

Last Agent to Sell the Property

Bob Faller

Berkshire Hathaway Florida License #0671758 Listed on: 02/15/2019

Berkshire Hathaway Florida

Last Buyer's Agent

Steven Borenz

Berkshire Hathaway Florida License #3290237

Berkshire Hathaway Florida

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,469

Year Built

  • Built in 2013

Lot Details

  • Lot Dimensions are 135x71
  • North Facing Home
  • Fenced
  • Sprinkler System
  • Few Trees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Garden
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Sliding Doors
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 372A
  • Assessor Parcel Number 32392100011000000372.0

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, internet, ground maintenance, pest control, reserve fund, security, trash
  • Isles At Waterway Village Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,469

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 135x71
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Isles at Waterway Village
  • Directions: 58th Ave north to 53rd St. Turn right onto 53rd St to Isles at Waterway, thru gate to Formosa Circle.
  • 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: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Crown Molding, High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Stories: 1
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Few Trees, < 1/4 Acre
  • Pool Features: Pool, Private, Community
  • Pool Private: Yes
  • View: Garden, Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Fence, Sprinkler/Irrigation, Porch, Rain Gutters, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System Owned, Closed Circuit Camera(s), Gated Community
  • Cooling: Central Air, 1 Unit
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Playground, Tennis Court(s), Gutter(s), Pool
  • Association Fee: 370.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Internet, Maintenance Grounds, Pest Control, Reserve Fund, Security, Trash

Lot Info

  • Parcel #: 32392100011000000372.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3469.0
  • Tax Lot: 372A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2019
Closed on
Aug 22, 2019
Sold by
Berry Bonnie Louise and Berry Bonnie Louise
Bought by
Millichap Martin G and Millichap Patricia M
Seller's Agent
Bob Faller
Berkshire Hathaway Florida
Buyer's Agent
Steven Borenz
Berkshire Hathaway Florida
List Price
$439,000
Sold Price
$412,500
Premium/Discount to List
-$26,500
-6.04%
Current Estimated Value
$645,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,741
Avg. Annual Appreciation
7.55%
Original Mortgage
$330,000
Outstanding Balance
$289,019
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$356,222

Purchase Details

Closed on
Sep 29, 2016
Sold by
Berry Bonnie L
Bought by
Berry Bonnie Louise and Bonnie Louise Berry Revocable

Purchase Details

Listed on
Aug 17, 2012
Closed on
Jul 24, 2013
Sold by
Divosta Homes Lp
Bought by
Berry Bonnie L
Buyer's Agent
Bob Faller
Berkshire Hathaway Florida
List Price
$266,900
Sold Price
$331,260
Premium/Discount to List
$64,360
24.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$265,008
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Millichap Martin G $412,500 Oceanside Title & Escrow Inc
Berry Bonnie Louise -- None Available
Berry Bonnie L $331,300 Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Millichap Martin G $330,000
Previous Owner Berry Bonnie L $265,008
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2019 09/06/19 Sold $412,500 -6.0% --
08/07/2019 08/07/19 Pending -- -- --
02/15/2019 02/15/19 For Sale $439,000 +32.5% --
07/22/2013 07/22/13 Sold $331,260 +24.1% -- View Prior Sale
06/22/2013 06/22/13 Pending -- -- --
08/17/2012 08/17/12 For Sale $266,900 -- --
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 $4,994 $408,785 -- --
2023 $4,994 $385,693 $0 $0
2022 $4,870 $374,459 $0 $0
2021 $4,870 $363,552 $34,000 $329,552
2020 $4,933 $363,552 $34,000 $329,552
2019 $3,644 $269,483 $0 $0
2018 $3,614 $264,458 $0 $0
2017 $3,584 $259,018 $0 $0
2016 $3,539 $253,690 $0 $0
2015 $3,665 $251,930 $0 $0
2014 $3,567 $249,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Bob Faller

    Berkshire Hathaway Florida

    (772) 538-5206

    3 in this area

    60 Total Sales

    Bob Faller
    Section Image

  • S

    Buyer's Agent in 2019

    Steven Borenz

    Berkshire Hathaway Florida

    (772) 925-9277

    77 Total Sales

    Steven Borenz
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 215750

APN: 32-39-21-00011-0000-00372.0

Florida Indian River County Vero Beach 32967 Waterway Village

5191 Formosa Cir, Vero Beach, FL

This home is located at 5191 Formosa Cir, Vero Beach, FL 32967 since 15 February 2019 and is currently estimated at $645,241. This property was built in 2013. 5191 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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