NOT LISTED FOR SALE

550 Riomar Dr Unit 22 Vero Beach, FL 32963

Estimated Value: $604,000 - $688,000

2 Beds
2 Baths
1,200 Sq Ft
1.51 Acres

Last Sold May 23, 2018

Last sale price $340,000 $283 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,958/month

170 Days on Market

Highlights

  • Home fronts navigable water
  • Access To Intracoastal Waterway
  • Furnished
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • Elevator

About This Home

As of May 2018

Owner says SELL and prefers closing by May 31st! Clean unit, great location and opportunity. Adjacent to Quail Valley River Club and near Riomar CC, this cozy 1st floor condo features a patio with river views. Enjoy morning walks to view dolphin and manatee. East facing windows for shaded afternoon comfort. Updated kitchen cabinets, new carpet. Brick paver parking, day dock. Act fast!

Last Agent to Sell the Property

Chris Junker

RE/MAX Crown Realty License #3298112 Listed on: 11/03/2017

RE/MAX Crown Realty

Last Buyer's Agent

Lauren Connolly

Custom Real Estate Srvcs IRC License #0462425

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1970

Lot Details

  • Home fronts navigable water
  • Northeast Facing Home

Property Views

  • Intracoastal
  • River

Home Design

  • Tile Roof
  • Tar and Gravel Roof
  • Built-Up Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Blinds

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 33400500014000000022.0

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Elevator
  • Bike Room

Pet Policy

  • No Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,551

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Co List Office Mls Id: 0187
  • Co List Office Phone: 772-589-3054
  • Ownership: Condo
  • Subdivision Name: Bayou Condo
  • Directions: From Beachland Blvd, head south .75 miles on A1A. Turn right on Riomar Dr. Drive into Bayou West and veer left into parking area. Unit 22 parking is last spot on the left at unit 22.
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1970
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-589-3054
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Crown Molding, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1200.0
  • Stories: 2
  • Window Features: Blinds, Single Hung

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • View: Intercoastal, River, Water
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Seawall
  • Waterfront: No
  • Disclosures: Lead Based Paint Disclosure, Pet Restrictions
  • Construction Type: Block, Concrete
  • Direction Faces: Northeast
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Roof: Built-Up, Tar/Gravel, Tile

Garage/Parking

  • Parking Features: Assigned, One Space, Uncovered

Utilities

  • Laundry Features: Laundry Closet, In Unit
  • Security: Smoke Detector(s)
  • 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, Bicycle Storage, Elevator, Sidewalks, Water Access
  • Association Fee: 443.0
  • 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 #: 33400500014000000022.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4551.0
  • Tax Lot: 22
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
May 17, 2018
Sold by
Poor E King and Poor Thomas M
Bought by
Engstrom John C and East Lydia P
Seller's Agent
Chris Junker
RE/MAX Crown Realty
Buyer's Agent
Lauren Connolly
Custom Real Estate Srvcs IRC
List Price
$399,900
Sold Price
$340,000
Premium/Discount to List
-$59,900
-14.98%
Current Estimated Value
$632,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,616
Avg. Annual Appreciation
8.70%

Purchase Details

Closed on
Jan 21, 2017
Sold by
Poor Janet Meakin Lee
Bought by
Poor Janet M and Janet M Poor Trust

Purchase Details

Closed on
Apr 14, 2003
Sold by
Poor Janet Meakin Lee
Bought by
Janet M Poor Tr

Purchase Details

Closed on
Jan 2, 1998
Sold by
Spencer Mary C
Bought by
Lee Poor Janet Meakin
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
Engstrom John C $340,000 First American Title Ins Co
Poor Janet M -- Attorney
Janet M Poor Tr -- --
Lee Poor Janet Meakin $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2018 05/23/18 Sold $340,000 -15.0% $283 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
11/03/2017 11/03/17 For Sale $399,900 -- $333 / 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 $7,767 $542,678 -- $542,678
2023 $7,767 $461,461 $0 $0
2022 $6,647 $419,510 $0 $419,510
2021 $5,234 $363,212 $0 $363,212
2020 $5,300 $363,212 $0 $363,212
2019 $5,443 $363,212 $0 $363,212
2018 $5,789 $386,396 $0 $386,396
2017 $5,606 $386,396 $0 $0
2016 $4,551 $266,480 $0 $0
2015 $4,279 $242,250 $0 $0
2014 $3,765 $220,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Junker

    Seller's Agent in 2018

    Chris Junker

    RE/MAX

    (772) 321-6755

    3 in this area

    227 Total Sales

    Chris Junker
    Section Image
  • Lauren Connolly

    Buyer's Agent in 2018

    Lauren Connolly

    Custom Real Estate Srvcs IRC

    (772) 231-3227

    13 in this area

    72 Total Sales

    Lauren Connolly
    Section Image
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 197000

APN: 33-40-05-00014-0000-00022.0

Florida Indian River County Vero Beach 32963

550 Riomar Dr Unit 22, Vero Beach, FL

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