NOT LISTED FOR SALE

5532 40th Ave Vero Beach, FL 32967

Estimated Value: $441,327 - $490,000

3 Beds
2 Baths
1,809 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $362,000 $200 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,250/month

2 Days on Market

Highlights

  • Gated Community
  • Roman Tub
  • High Ceiling
  • Clubhouse
  • Mediterranean Architecture
  • Furnished

About This Home

As of June 2021

Beautiful Monticello Model on a quiet Preserve. This lovely home features: impact windows, 10'' ceilings, chef's kitchen, screened lanai and so much more. The house is sold with the furniture. Located in desirable gated community, features: 24 hr fitness center, heated pool, lighted tennis courts, all lawn care and more. Close to beaches, shopping, dining, and medical.

Last Agent to Sell the Property

Shaun Welsh

Billero & Billero Properties License #3252862 Listed on: 04/29/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 2016

Lot Details

  • 7,405

HOA Fees

  • $241 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Great Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32391500003000000129.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, security
  • Verolago Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,576

Year Built

Built in 2016

Lot Details

0

HOA Fees

$241 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 58th Ave to 57th St to 55th Street make left to 40th Ave.
  • Year Built: 2016
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1809.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 241.0
  • Community Features: Clubhouse, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Recreation Facilities, Security

Lot Info

  • Parcel #: 32391500003000000129.0
  • Zoning Description: RES

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3576.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 1, 2021
Sold by
Labore Cheryl A and The Cheryl A Labore Revocable
Bought by
Dobert Derrick J
Seller's Agent
Shaun Welsh
Billero & Billero Properties
List Price
$357,000
Sold Price
$362,000
Premium/Discount to List
$5,000
1.4%
Current Estimated Value
$467,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,582
Avg. Annual Appreciation
6.63%

Purchase Details

Closed on
Dec 22, 2016
Sold by
Vero Beach Builders Llc
Bought by
Labore Cheryl and Cheryl A Labore Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2016
Sold by
Corona Vero Lago Llc
Bought by
Vero Beach Builders Llc
Source: Public Records

Range of Values:

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
Dobert Derrick J $362,000 Elite Ttl Of Treasure Coast
Labore Cheryl $241,000 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labore Cheryl $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $362,000 +1.4% $200 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $357,000 -- $197 / Sq Ft
Source: BeachesMLS

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 $5,537 $392,206 $46,750 $345,456
2023 $5,537 $375,812 $0 $0
2022 $4,961 $341,647 $38,250 $303,397
2021 $3,504 $230,402 $34,000 $196,402
2020 $3,576 $232,425 $34,000 $198,425
2019 $3,677 $232,425 $34,000 $198,425
2018 $3,414 $212,527 $34,000 $178,527
2017 $3,180 $194,500 $0 $0
2016 $404 $29,750 $0 $0
2015 $401 $28,900 $0 $0
2014 $370 $27,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shaun Welsh

    Seller's Agent in 2021

    Shaun Welsh

    Billero & Billero Properties

    (954) 249-6591

    85 Total Sales

    Shaun Welsh
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10711963

BeachesMLS

APN: 32-39-15-00003-0000-00129.0

Florida Indian River County Vero Beach 32967

5532 40th Ave, Vero Beach, FL

This home is located at 5532 40th Ave, Vero Beach, FL 32967 since 29 April 2021 and is currently estimated at $467,582, approximately $258 per square foot. This property was built in 2016. 5532 40th Ave is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Sebastian River High School.

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.

BeachesMLS 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