NOT LISTED FOR SALE

550 Riomar Dr Unit 32 Vero Beach, FL 32963

Estimated Value: $428,000 - $575,000

2 Beds
2 Baths
1,200 Sq Ft
1.51 Acres

Last Sold March 13, 2023

Last sale price $439,000 $366 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,921/month

13 Days on Market

Highlights

  • Access To Intracoastal Waterway
  • River View
  • Park
  • Beachland Elementary School Rated A-
  • Walk-In Closet
  • Laundry closet

About This Home

As of March 2023

Talk about location, location, location: this condo has a beautiful view of Riomar Bay, is just steps from Quail Valley River Club, 2 blocks to the beach & a 5 minute bike ride to Central Beach!! The Bayou West has a communal grill & garden area & a dock which is the perfect spot for viewing magnificent sunsets! Possibilities galore but updates include impact windows & newer owner's bath

Last Agent to Sell the Property

Lauren Connolly

Custom Real Estate Srvcs IRC License #0462425 Listed on: 02/10/2023

Last Buyer's Agent

Lauren Connolly

Custom Real Estate Srvcs IRC License #0462425 Listed on: 02/10/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,594

Year Built

  • Built in 1970

Lot Details

  • River Front
  • West Facing Home
  • Sprinkler System

Property Views

  • River
  • Canal
  • Garden

Home Design

  • Metal Roof

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Window Treatments

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Assigned Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • Canal Access
  • Seawall
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 33400500014000000032.0

Community Details

Overview

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

Recreation

  • Park

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,594

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: Bayou Condo
  • Directions: A-1-A to Riomar Dr (between the bridges/just north of Quail Valley River Club). Head west. 2nd condo complex straight ahead; grey w/white trim. #32 on 2nd floor
  • Architectural Style: Two Story
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1970
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-3227
  • Special Features: None
  • Stories: 2

Interior Features

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

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • View: Canal, Garden, River
  • View: Yes
  • Waterfront Features: Canal Access, Intracoastal Access, River Front, Seawall
  • Waterfront: Yes
  • Disclosures: Lead Based Paint Disclosure, Pet Restrictions
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation, Rain Gutters
  • Roof: Metal, Other

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, Individual
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Gutter(s)
  • Association Fee: 562.38
  • Association Name: Keystone
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33400500014000000032.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Lot: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2023
Closed on
Mar 13, 2023
Sold by
Marilynn G Chalder Revocable Trust
Bought by
David Granville-Smith Discretionary Trust
Seller's Agent
Lauren Connolly
Custom Real Estate Srvcs IRC
Buyer's Agent
Lauren Connolly
Custom Real Estate Srvcs IRC
List Price
$439,000
Sold Price
$439,000
Views
5
Current Estimated Value
$516,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,717
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Jun 26, 2019
Sold by
Chalder Marilynn G
Bought by
Chalder Marilynn G and The Mariklynn G Chalder Revocable Trust

Purchase Details

Closed on
Apr 28, 1998
Sold by
Poor Janet M
Bought by
Chalder Geoffrey H and Chalder Marilynn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
7.03%
Source: Public Records

Range of Values:

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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
David Granville-Smith Discretionary Trust $439,000 --
Chalder Marilynn G -- Attorney
Chalder Geoffrey H $124,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chalder Geoffrey H $99,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2023 03/13/23 Sold $439,000 0.0% $366 / Sq Ft
02/24/2023 02/24/23 Pending -- -- --
02/10/2023 02/10/23 For Sale $439,000 -- $366 / 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 $2,594 $495,066 -- $495,066
2023 $2,594 $204,937 $0 $0
2022 $2,575 $198,968 $0 $0
2021 $2,525 $193,173 $0 $0
2020 $2,509 $190,506 $0 $0
2019 $2,503 $186,223 $0 $0
2018 $2,489 $182,751 $0 $0
2017 $2,460 $178,992 $0 $0
2016 $2,424 $175,310 $0 $0
2015 $2,485 $174,100 $0 $0
2014 $2,376 $172,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Connolly

    Seller's Agent in 2023

    Lauren Connolly

    Custom Real Estate Srvcs IRC

    (772) 231-3227

    13 in this area

    72 Total Sales

    Lauren Connolly
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 266085

APN: 33-40-05-00014-0000-00032.0

Florida Indian River County Vero Beach 32963

550 Riomar Dr Unit 32, Vero Beach, FL

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