NOT LISTED FOR SALE

550 N Tropic Ln Unit 6D Vero Beach, FL 32960

Vero Beach South Neighborhood

Estimated Value: $208,000 - $229,000

2 Beds
2.5 Baths
1,170 Sq Ft
4,312 Sq Ft Lot

Last Sold March 13, 2023

Last sale price $270,000 $231 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $1,423/month

129 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Balcony
  • Vero Beach High School Rated A-
  • Garden View
  • Skylights

About This Home

As of March 2023

TOTALLY UPDATED & MOVE IN READY 2/2 townhm in Waverly Place. Over $150,000+ in renovations. Stunning updated chefs kitchen, w/huge island, glass backsplash, white cabinets & sea foam color island. Tastefully decorated for a "beachy" vibe. Decorative ship lap, soothing paint colors, NO CARPET, updated plumbing & elect, private outdoor patio, GORG bathrooms, you name it, THIS UNIT HAS IT!

Last Agent to Sell the Property

Kathleen Powell

One Sotheby's Int'l Realty License #3414126 Listed on: 11/03/2022

One Sotheby's Int'l Realty

Co-Listed By

Sue Powell

One Sotheby's Int'l Realty License #0532052

Last Buyer's Agent

Mike Hughes

Atlantic Shores ERA Powered License #3325612

Atlantic Shores ERA Powered

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,681

Year Built

  • Built in 1981

Lot Details

  • West Facing Home
  • Fenced

Home Design

  • Frame Construction
  • Shake Roof
  • Wood Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Blinds
  • Sliding Doors
  • Laminate Flooring
  • Garden Views

Kitchen

  • Cooktop
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 6-D
  • Assessor Parcel Number 33391200037006000004.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, recreation facilities, trash, water
  • Vesta Association
  • Waverly Place Subdivision

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,681

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Co List Office Mls Id: 022505
  • Co List Office Phone: 772-222-5215
  • Ownership: Condo
  • Subdivision Name: Waverly Place
  • Directions: From 6th Ave, turn East into Waverly Place. Just South of 12th St
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1981
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Closet Cabinetry, Kitchen Island, Pantry, Skylights, Walk-In Closet(s)
  • Living Area: 1170.0
  • Stories: 2
  • Window Features: Blinds, Skylight(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Frame, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Fence, Patio
  • Patio And Porch Features: Patio
  • Roof: Shake, Wood

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Other, Pool
  • Association Fee: 279.16
  • Association Name: vesta
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Trash, Water

Lot Info

  • Parcel #: 33391200037006000004.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1681.0
  • Tax Lot: 6-D
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Mar 13, 2023
Sold by
Menna Joseph C
Bought by
Ski Tiggy
Seller's Agent
Kathleen Powell
One Sotheby's Int'l Realty
Buyer's Agent
Mike Hughes
Atlantic Shores ERA Powered
List Price
$298,000
Sold Price
$270,000
Premium/Discount to List
-$28,000
-9.4%
Current Estimated Value
$225,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,847
Avg. Annual Appreciation
-6.36%
Original Mortgage
$214,200
Outstanding Balance
$208,628
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$21,666

Purchase Details

Listed on
Nov 3, 2022
Closed on
Mar 2, 2023
Sold by
Menna Karen D
Bought by
Menna Joseph C
Seller's Agent
Kathleen Powell
One Sotheby's Int'l Realty
Buyer's Agent
Mike Hughes
Atlantic Shores ERA Powered
List Price
$298,000
Sold Price
$270,000
Premium/Discount to List
-$28,000
-9.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,200
Outstanding Balance
$208,628
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$21,666

Purchase Details

Closed on
Apr 17, 2009
Sold by
Schillon Sue and Menna Sue
Bought by
Menna Joseph C and Menna Karen D

Purchase Details

Closed on
Apr 15, 1996
Sold by
Gaeta Frank
Bought by
Menna David C and Menna Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.36%
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
Ski Tiggy $270,000 Riomar Title
Menna Joseph C -- Riomar Title
Menna Joseph C -- Title Guaranty & Trust Compa
Menna David C $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ski Tiggy $214,200
Previous Owner Menna David C $49,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2023 03/13/23 Sold $270,000 -9.4% $231 / Sq Ft
11/03/2022 11/03/22 For Sale $298,000 0.0% $255 / Sq Ft
01/15/2017 01/15/17 Rented $2,000 -9.1% --
12/16/2016 12/16/16 Under Contract -- -- --
10/23/2016 10/23/16 For Rent $2,200 -- --
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 $2,285 $189,306 -- $189,306
2023 $2,285 $131,501 $0 $0
2022 $1,975 $150,913 $0 $150,913
2021 $1,681 $108,678 $0 $108,678
2020 $1,648 $108,678 $0 $108,678
2019 $1,537 $97,310 $0 $97,310
2018 $1,470 $95,628 $0 $95,628
2017 $1,423 $95,628 $0 $0
2016 $1,261 $79,690 $0 $0
2015 $1,133 $63,750 $0 $0
2014 $1,009 $58,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kathleen Powell

    One Sotheby's Int'l Realty

    (772) 696-4062

    37 in this area

    104 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    Sue Powell

    One Sotheby's Int'l Realty

    (772) 222-5215

    3 in this area

    9 Total Sales

    Section Image

  • M

    Buyer's Agent in 2023

    Mike Hughes

    Atlantic Shores ERA Powered

    (772) 999-6132

    7 in this area

    27 Total Sales

    Section Image

  • K

    Seller's Agent in 2017

    Katie Oess

    Rennick Real Estate

    (772) 633-2425

    3 in this area

    9 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2017

    Meg Hickey

    M&M Realty

    (772) 321-3516

    22 in this area

    77 Total Sales

    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 263861

APN: 33-39-12-00037-0060-00004.0

Florida Indian River County Vero Beach 32960 Vero Beach South

550 N Tropic Ln Unit 6D, Vero Beach, FL

This home is located at 550 N Tropic Ln Unit 6D, Vero Beach, FL 32960 since 03 November 2022 and is currently estimated at $217,202, approximately $185 per square foot. This property was built in 1981. 550 N Tropic Ln Unit 6D is a home located in Indian River County with nearby schools including Vero Beach Elementary School, Gifford Middle School, and Vero Beach High School.

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