NOT LISTED FOR SALE

520 Bay Dr Vero Beach, FL 32963

Estimated Value: $5,551,000 - $7,635,730

5 Beds
8 Baths
6,756 Sq Ft
$968/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $3,400,000 $503 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $40,456/month

525 Days on Market

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • River View
  • Beachland Elementary School Rated A-
  • Gas Heated Pool
  • Wood Flooring

About This Home

As of May 2020

Unparalleled elegance in coveted Riomar Bay! Impeccably maintained 2009 custom built home is recently updated and offers 6756 +/- sq. ft., luxe finishes, a versatile open floor plan, all impact windows and bright southern exposure. Resort style amenities include a 12’ in pool fireplace, new 80’ dock, two boat lifts and intracoastal access. A true mariner's paradise! Newly priced!

Last Agent to Sell the Property

Karen Smith

One Sotheby's Int'l Realty License #3213399 Listed on: 10/30/2018

One Sotheby's Int'l Realty

Last Buyer's Agent

Charlotte Terry

Alex MacWilliam, Inc. License #0140216

Alex MacWilliam, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38,541

Year Built

  • Built in 2009

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 206 x 132
  • Home fronts navigable water
  • North Facing Home
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • River
  • Canal
  • Pool

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 6,756 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Awning
  • Blinds
  • Bay Window
  • French Doors
  • Sliding Doors
  • Security System Owned

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Gas Heated Pool
  • Outdoor Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access To Intracoastal Waterway
  • Canal Access
  • Seawall
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue
  • Rain Gutters

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Power Generator
  • Electric Water Heater
  • Water Purifier

Community Details

  • Riomar Bay Subdivision

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 33400500006000000023.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$38,541

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Lot Size: 206 x 132
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: SOUTH ON A1A FROM BEACHLAND BLVD. TO RIOMAR BAY ENTRANCE - JUST SOUTH OF QUAIL VALLEY CC. HOUSE IS ON LEFT SIDE OF BAY DRIVE.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2009
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-6509
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Wine Cooler, Water Purifier, Washer
  • Other Equipment: Generator
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors, Sliding Doors
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Slate, Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Master Downstairs, Split Bedrooms, Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 6756.0
  • Stories: 2
  • Window Features: Blinds, Bay Window(s), Impact Glass, Window Treatments

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Fenced, Gas Heat, Heated, Pool, Private
  • Pool Private: Yes
  • View: Canal, Pool, River
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Awning(s), Built-in Barbecue, Balcony, Barbecue, Fence, Sprinkler/Irrigation, Outdoor Kitchen, Porch, Rain Gutters, Propane Tank - Owned
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Three Car Garage, Garage Door Opener, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Security System Owned
  • Cooling: Central Air, Ceiling Fan(s), Electric, 3+ Units, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Other, Gutter(s)
  • Pets Allowed: Yes

Schools

  • Elementary School: Beachland Elementary

Lot Info

  • Parcel #: 33400500006000000023.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 38541.0
  • Tax Lot: 23
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2018
Closed on
May 8, 2020
Sold by
Townsend Charles H and Townsend Jill O
Bought by
Hammond Thomas Stevens and Hammond Barbara Riefler
Seller's Agent
Karen Smith
One Sotheby's Int'l Realty
Buyer's Agent
Charlotte Terry
Alex MacWilliam, Inc.
List Price
$4,195,000
Sold Price
$3,400,000
Premium/Discount to List
-$795,000
-18.95%
Current Estimated Value
$6,537,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,137,433
Avg. Annual Appreciation
13.47%
Original Mortgage
$750,000
Outstanding Balance
$674,130
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$5,950,549

Purchase Details

Listed on
Feb 25, 2013
Closed on
May 28, 2014
Sold by
Emporia Llc
Bought by
Townsend Charles H and Townsend Jill O
Buyer's Agent
Karen Smith
One Sotheby's Int'l Realty
List Price
$3,495,000
Sold Price
$2,200,000
Premium/Discount to List
-$1,295,000
-37.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%

Purchase Details

Listed on
Jan 4, 2012
Closed on
Jun 27, 2012
Sold by
Davis James S and Davis Anne M
Bought by
Emporia Llc
Seller's Agent
Kay Brown
Premier Estate Properties
List Price
$3,290,000
Sold Price
$2,150,000
Premium/Discount to List
-$1,140,000
-34.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%

Purchase Details

Closed on
Jul 29, 2009
Sold by
Barkley Von M and Barkley Kristine C
Bought by
Davis James S and Davis Anne M

Purchase Details

Closed on
Feb 23, 2007
Sold by
Townley Sharon Virginia
Bought by
Barkley Von M and Barkley Kristine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1997
Sold by
Burt C Oliver
Bought by
Burt Sharon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hammond Thomas Stevens $3,400,000 Attorney
Townsend Charles H $2,200,000 Attorney
Emporia Llc $2,150,000 Island Title Agency Llc
Davis James S $2,000,000 Island Title Agency
Barkley Von M $1,550,000 Lawyers Title Agency
Burt Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammond Thomas Stevens $750,000
Previous Owner Barkley Von M $250,000
Previous Owner Barkley Von M $1,000,000
Previous Owner Burt Sharon $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $3,400,000 -19.0% $503 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
10/30/2018 10/30/18 For Sale $4,195,000 +90.7% $621 / Sq Ft
05/28/2014 05/28/14 Sold $2,200,000 -37.1% $321 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
02/25/2013 02/25/13 For Sale $3,495,000 +62.6% $509 / Sq Ft
06/29/2012 06/29/12 Sold $2,150,000 0.0% $313 / Sq Ft
06/29/2012 06/29/12 Sold $2,150,000 -34.7% $307 / Sq Ft
05/30/2012 05/30/12 Pending -- -- --
05/30/2012 05/30/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $3,290,000 +9.7% $480 / Sq Ft
06/07/2011 06/07/11 For Sale $2,999,000 -- $428 / 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 $58,034 $4,046,759 $1,720,562 $2,326,197
2023 $58,034 $3,255,168 $0 $0
2022 $47,887 $3,310,641 $1,376,449 $1,934,192
2021 $42,180 $2,646,718 $1,147,041 $1,499,677
2020 $38,394 $2,415,553 $0 $0
2019 $38,570 $2,361,244 $0 $0
2018 $38,541 $2,317,217 $0 $0
2017 $38,327 $2,269,557 $0 $0
2016 $39,722 $2,325,470 $0 $0
2015 $36,806 $2,053,450 $0 $0
2014 $37,102 $2,138,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Karen Smith

    One Sotheby's Int'l Realty

    (772) 559-1295

    58 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Charlotte Terry

    Alex MacWilliam, Inc.

    (772) 231-6509

    135 Total Sales

    Section Image
  • Cindy O'Dare

    Seller Co-Listing Agent in 2014

    Cindy O'Dare

    One Sotheby's Int'l Realty

    (772) 713-5899

    242 Total Sales

    Section Image

  • K

    Seller's Agent in 2012

    Kay Brown

    Premier Estate Properties

    (772) 321-8626

    73 Total Sales

    Section Image
  • Joseph Liguori

    Seller's Agent in 2012

    Joseph Liguori

    Premier Estate Properties Inc

    (561) 702-3477

    133 Total Sales

    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 211359

APN: 33-40-05-00006-0000-00023.0

Florida Indian River County Vero Beach 32963

520 Bay Dr, Vero Beach, FL

This home is located at 520 Bay Dr, Vero Beach, FL 32963 since 30 October 2018 and is currently estimated at $6,537,433, approximately $967 per square foot. This property was built in 2009. 520 Bay Dr is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach 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.

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.

Nearby Homes