NOT LISTED FOR SALE

520 River Dr Vero Beach, FL 32963

Central Vero Beach Neighborhood

Estimated Value: $4,418,000

5 Beds
5 Baths
5,445 Sq Ft
$811/Sq Ft Est. Value

Last Sold January 31, 2018

Last sale price $1,296,750 $238 Per Sq Ft

Est. 241% increase in value since last sale

Current estimated payment $25,039/month

123 Days on Market

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • Outdoor Pool
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • 0.7 Acre Lot

About This Home

As of January 2018

All bids submitted online (void where prohibited). Submit any pre-auction offers via property details page on auction site "Make Offer" button. All pre-event/post-event offers reviewed/responded to in 3 business days. All properties subject to 5% buyer's premium per the Event Agreement and Terms & Conditions (minimums apply). Nationstar Pre-Qual REQUIRED on all financing offers.

Last Agent to Sell the Property

Gregory Mancini

EXP Realty, LLC License #3067112 Listed on: 08/30/2017

EXP Realty, LLC

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,800

Year Built

  • Built in 1990

Lot Details

  • 0.7 Acre Lot
  • Home fronts navigable water
  • North Facing Home
  • Fenced

Parking

  • 3 Car Garage

Property Views

  • Intracoastal
  • Canal

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 5,445 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Double Hung Windows
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Outdoor Pool
  • Access To Intracoastal Waterway
  • Canal Access
  • Seawall
  • Balcony
  • Patio

Utilities

  • Zoned Cooling
  • Heating Available

Community Details

  • Riomar Bay Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 33400500006000000044.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,800

Year Built

Built in 1990

Lot Details

0.7 Acres

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.7
  • Lot Size: 30492
  • Co List Office Mls Id: 1507
  • Co List Office Phone: 941-999-1179
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar Bay
  • Directions: 17th St to A1A North to Bay Drive West to River Drive South, House on Left.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 1990
  • Property Sub Type Additional: Detached
  • Attribution Contact: 941-500-4922
  • Special Features: 20
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Other, Tile, Wood
  • Interior Amenities: Closet Cabinetry, High Ceilings, Kitchen Island, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 5445.0
  • Stories: 2
  • Window Features: Double Hung, None

Exterior Features

  • Lot Features: 1/2 to 1 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Intercoastal, Canal
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, Navigable Water, Seawall
  • Waterfront: Yes
  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Balcony, Fence, Patio
  • Patio And Porch Features: Patio
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Lower Level, Laundry Room
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 225.0
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 33400500006000000044.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 22800.0
  • Tax Lot: 44
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Jan 30, 2018
Sold by
Udell John
Bought by
Weichert James M and Weichert Pamela M
Seller's Agent
Gregory Mancini
EXP Realty, LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$2,720,000
Sold Price
$1,296,750
Premium/Discount to List
-$1,423,250
-52.33%
Current Estimated Value
$4,418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,121,250
Avg. Annual Appreciation
16.27%

Purchase Details

Listed on
Aug 30, 2017
Closed on
Jan 16, 2018
Sold by
U S Bank N A
Bought by
Udell John and Weichert James M
Seller's Agent
Gregory Mancini
EXP Realty, LLC
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$2,720,000
Sold Price
$1,296,750
Premium/Discount to List
-$1,423,250
-52.33%

Purchase Details

Closed on
Jun 19, 2017
Sold by
Olvey Michael W and Olvey Marie Laporte
Bought by
U S Bank National Association

Purchase Details

Closed on
Apr 5, 2002
Sold by
Watrous Matthew G and Watrous P
Bought by
Olvey Michael W and Olvey Marie Laporte

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
6.8%

Purchase Details

Closed on
Feb 10, 1997
Sold by
Roth Robert Q and Roth Sally S
Bought by
Watrous Matthew G and Watrous P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Weichert James M $12,967 Attorney
Udell John $1,296,800 Attorney
U S Bank National Association $77,800 None Available
Olvey Michael W $1,400,000 --
Watrous Matthew G $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olvey Michael W $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $1,296,750 -52.3% $238 / Sq Ft
01/01/2018 01/01/18 Pending -- -- --
08/30/2017 08/30/17 For Sale $2,720,000 -- $500 / Sq Ft
Source: REALTORS® Association of Indian River County

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
2025 $24,627 $1,647,650 $1,616,749 $30,901
2024 $20,835 $1,526,302 $1,496,990 $29,312
2023 $20,835 $1,226,227 $0 $0
2022 $17,988 $1,217,942 $1,197,592 $20,350
2021 $16,098 $1,013,410 $997,994 $15,416
2020 $16,318 $1,012,935 $997,994 $14,941
2019 $16,779 $1,012,935 $997,994 $14,941
2018 $30,223 $1,784,281 $997,994 $786,287
2017 $23,046 $1,378,002 $0 $0
2016 $22,800 $1,349,660 $0 $0
2015 $23,364 $1,340,280 $0 $0
2014 $22,438 $1,329,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gregory Mancini

    Seller's Agent in 2018

    Gregory Mancini

    EXP Realty, LLC

    (772) 643-0450

    14 Total Sales

    Gregory Mancini
    Section Image

  • N

    Buyer's Agent in 2018

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 193472

APN: 33-40-05-00006-0000-00044.0

Florida Indian River County Vero Beach 32963 Central Vero Beach

520 River Dr, Vero Beach, FL

Not Listed for Sale

Detached

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
Your Personal Tour Guide

Ask me questions while you tour the home.