NOT LISTED FOR SALE

5538 40th Ave Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $453,000 - $516,313

4 Beds
3 Baths
2,285 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $467,500 $205 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,194/month

212 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Vaulted Ceiling
  • Outdoor Pool
  • Clubhouse
  • Roman Tub

About This Home

As of July 2024

Well appointed and maintained home! Most recently built one-story 4 bedroom in Vero Lago, and it looks it! Freshly painted interior with all tile and luxury hybrid flooring. Impact glass windows and sliders. Plantation shutters throughout the home. New pavers on the screened porch overlooking the trees. New epoxy on the garage flooring. Great primary suite and closet space. 2016 construction. Owner transfer. Immediate occupancy available with a quick closing...Motivated Seller!

Last Agent to Sell the Property

Ron J. Rennick Jr.

Rennick Real Estate Island Ofc Brokerage Phone: 772-231-5200 License #0639930 Listed on: 12/19/2023

Last Buyer's Agent

Lori Strazzulla

Compass Florida LLC License #3075352

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,975

Year Built

  • Built in 2016

Lot Details

  • West Facing Home
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 2,285 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Sliding Doors
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 130
  • Assessor Parcel Number 32391500003000000130.0

Community Details

Overview

  • Association fees include common areas, recreation facilities, security
  • Elliott Merrill Association
  • Verolago Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,975

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: .17
  • Ownership: Single Family/Other
  • Subdivision Name: Verolago
  • Directions: From SR 60, north on 58th Ave, past 53rd St to VeroLago entry. Make right after gate & follow 55th St. Stay straight on 55th St. Turn slight left on 40th Ave. House is on the right.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2016
  • ResoBuildingAreaSource: Assessor
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-5200
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Flooring: Laminate, Tile
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 2285.0
  • Stories: 1
  • Window Features: Window Treatments
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Garden
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation, Porch, Rain Gutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness, Playground, Sidewalks, Tennis Court(s), Gutter(s), Pool
  • Association Fee: 285.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Other, Recreation Facilities, Security

Lot Info

  • Parcel #: 32391500003000000130.0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4975.0
  • Tax Lot: 130
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2023
Closed on
Jul 16, 2024
Sold by
Anderson Laurie M
Bought by
Tullis Jonathan B and Tullis Elizabeth C
Seller's Agent
Ron J. Rennick Jr.
Rennick Real Estate Island Ofc
Buyer's Agent
Lori Strazzulla
Compass Florida LLC
List Price
$575,000
Sold Price
$467,500
Premium/Discount to List
-$107,500
-18.7%
Views
783
Current Estimated Value
$484,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,828
Avg. Annual Appreciation
3.18%
Original Mortgage
$374,000
Outstanding Balance
$370,164
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$114,164

Purchase Details

Listed on
Sep 3, 2021
Closed on
Jan 19, 2022
Sold by
Harpie Tamara A
Bought by
Anderson Laurie M
Seller's Agent
Karen Conrado
RE/MAX Select Group
Buyer's Agent
Ron J. Rennick Jr.
Rennick Real Estate Island Ofc
List Price
$475,000
Sold Price
$455,000
Premium/Discount to List
-$20,000
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.09%
Original Mortgage
$395,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2016
Sold by
Vero Beach Builders Llc
Bought by
Harpie Sally F and Harpie Tamara A

Purchase Details

Closed on
Apr 5, 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
Tullis Jonathan B $467,500 Treasure Coast Title & Settlem
Anderson Laurie M $455,000 Premier Title
Harpie Sally F $267,800 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tullis Jonathan B $374,000
Previous Owner Anderson Laurie M $395,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $467,500 -6.5% $205 / Sq Ft
05/10/2024 05/10/24 Price Changed $500,000 -4.8% $219 / Sq Ft
04/02/2024 04/02/24 Price Changed $525,000 -0.9% $230 / Sq Ft
03/01/2024 03/01/24 Price Changed $529,999 -1.4% $232 / Sq Ft
01/30/2024 01/30/24 Price Changed $537,500 -0.5% $235 / Sq Ft
01/23/2024 01/23/24 Price Changed $539,999 -1.8% $236 / Sq Ft
12/26/2023 12/26/23 Price Changed $550,000 -4.3% $241 / Sq Ft
12/19/2023 12/19/23 For Sale $575,000 +26.4% $252 / Sq Ft
01/19/2022 01/19/22 Sold $455,000 -4.2% $199 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $475,000 0.0% $208 / Sq Ft
08/21/2020 08/21/20 Rented $2,200 0.0% --
07/22/2020 07/22/20 Under Contract -- -- --
06/09/2020 06/09/20 For Rent $2,200 0.0% --
12/15/2019 12/15/19 Rented $2,200 0.0% --
11/15/2019 11/15/19 Under Contract -- -- --
04/12/2019 04/12/19 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 $6,722 $461,495 $46,750 $414,745
2023 $6,722 $470,468 $38,250 $432,218
2022 $4,975 $402,854 $38,250 $364,604
2021 $4,091 $270,784 $34,000 $236,784
2020 $4,178 $273,226 $34,000 $239,226
2019 $140 $162,659 $0 $0
2018 $135 $159,627 $0 $0
2017 $128 $156,344 $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

  • Ron J. Rennick Jr.

    Seller's Agent in 2024

    Ron J. Rennick Jr.

    Rennick Real Estate Island Ofc

    (772) 473-6310

    4 in this area

    87 Total Sales

    Ron J. Rennick Jr.
    Section Image
  • Lori Strazzulla

    Buyer's Agent in 2024

    Lori Strazzulla

    Compass Florida LLC

    (772) 473-5417

    9 in this area

    114 Total Sales

    Lori Strazzulla
    Section Image
  • Karen Conrado

    Seller's Agent in 2022

    Karen Conrado

    RE/MAX

    (772) 643-1724

    8 in this area

    13 Total Sales

    Karen Conrado
    Section Image

  • S

    Buyer's Agent in 2020

    Shawn Venazio

    Dale Sorensen Real Estate Inc.

    (772) 633-5730

    5 in this area

    56 Total Sales

    Shawn Venazio
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 273808

APN: 32-39-15-00003-0000-00130.0

Florida Indian River County Vero Beach 32967 Winter Beach

5538 40th Ave, Vero Beach, FL

This home is located at 5538 40th Ave, Vero Beach, FL 32967 since 19 December 2023 and is currently estimated at $484,328, approximately $211 per square foot. This property was built in 2016. 5538 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.

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