NOT LISTED FOR SALE

550 Riomar Dr Unit 21 Vero Beach, FL 32963

Estimated Value: $596,793 - $656,000

2 Beds
2 Baths
1,200 Sq Ft
1.51 Acres

Last Sold November 23, 2020

Last sale price $470,000 $392 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,854/month

276 Days on Market

Highlights

  • Water Access
  • River View
  • Elevator
  • Beachland Elementary School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of November 2020

Totally redone- new kitchen. River views and within walking distance of Quail Valley River Club. East facing windows. Sit at the dock and enjoy the expansive views. Conveniently located close to town and the ocean. Sizes approx. and subj. to error.

Last Agent to Sell the Property

Kieran Hickey

Dale Sorensen Real Estate Inc. License #3005713 Listed on: 01/21/2020

Dale Sorensen Real Estate Inc.

Last Buyer's Agent

Joan Cook

Dale Sorensen Real Estate Inc. License #3053114

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,902

Year Built

  • Built in 1984

Lot Details

  • West Facing Home

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Sliding Doors
  • Wood Flooring
  • River Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Water Access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33400500014000000021.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, sewer, trash, water
  • Ar Choice Mgmt Association
  • Bayou Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,902

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Bayou Condo
  • Directions: A1A to Riomar Drive, turn west and go to 550 on your left.
  • Architectural Style: One Story
  • Unit Levels: One, Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1984
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4712
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Wood
  • Living Area: 1200.0
  • Stories: 2
  • Window Features: Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • View: River
  • View: Yes
  • Waterfront: No
  • Disclosures: First Right of Refusal, Pet Restrictions
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • 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: Barbecue, Elevator, Other, Sidewalks, Water Access
  • Association Fee: 443.0
  • Association Name: AR CHOICE MGMT
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Trash, Water

Lot Info

  • Parcel #: 33400500014000000021.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Nov 20, 2020
Sold by
Gezon Monell B and The Monell B Gezon Family Trus
Bought by
Dunbar Kevin R and The Dunbar Business Trust
Seller's Agent
Kieran Hickey
Dale Sorensen Real Estate Inc.
Buyer's Agent
Joan Cook
Dale Sorensen Real Estate Inc.
List Price
$540,000
Sold Price
$470,000
Premium/Discount to List
-$70,000
-12.96%
Current Estimated Value
$626,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,448
Avg. Annual Appreciation
6.00%

Purchase Details

Listed on
Oct 28, 2015
Closed on
May 9, 2016
Sold by
Dunn Anne Mciver
Bought by
Gezon Monell B and Monell B Gezon Family Trust
Seller's Agent
FREDRICA ASH
One Sotheby's Int'l Realty
Buyer's Agent
Kieran Hickey
Dale Sorensen Real Estate Inc.
List Price
$450,000
Sold Price
$415,000
Premium/Discount to List
-$35,000
-7.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.77%
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
Dunbar Kevin R $470,000 Supreme Title Solutions Llc
Gezon Monell B $415,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2020 11/23/20 Sold $470,000 -13.0% $392 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $540,000 +30.1% $450 / Sq Ft
05/09/2016 05/09/16 Sold $415,000 -7.8% $346 / Sq Ft View Prior Sale
04/09/2016 04/09/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $450,000 -- $375 / 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 $6,902 $495,066 -- $495,066
2023 $6,902 $400,928 $0 $0
2022 $5,899 $382,704 $0 $382,704
2021 $5,365 $331,345 $0 $331,345
2020 $5,432 $331,345 $0 $331,345
2019 $5,579 $331,345 $0 $331,345
2018 $6,035 $352,495 $0 $352,495
2017 $6,123 $352,495 $0 $0
2016 $4,123 $243,100 $0 $0
2015 $3,412 $221,000 $0 $0
2014 $3,412 $201,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kieran Hickey

    Dale Sorensen Real Estate Inc.

    (772) 696-1276

    1 in this area

    18 Total Sales

    Kieran Hickey
    Section Image

  • J

    Buyer's Agent in 2020

    Joan Cook

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    17 in this area

    51 Total Sales

    Joan Cook
    Section Image
  • FREDRICA ASH

    Seller's Agent in 2016

    FREDRICA ASH

    One Sotheby's Int'l Realty

    (772) 217-0887

    9 in this area

    70 Total Sales

    FREDRICA ASH
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 229265

APN: 33-40-05-00014-0000-00021.0

Florida Indian River County Vero Beach 32963

550 Riomar Dr Unit 21, Vero Beach, FL

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