NOT LISTED FOR SALE

5540 55th Terrace Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $480,000 - $632,000

4 Beds
3.5 Baths
2,958 Sq Ft
$192/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $380,000 $128 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,985/month

49 Days on Market

Highlights

  • Lake Front
  • Room in yard for a pool
  • Vaulted Ceiling
  • Gated Community
  • Clubhouse
  • Roman Tub

About This Home

As of February 2021

Beautiful upgraded San Simeon model in Vero Lago! Spacious foyer w/ high ceilings thru-out home. Open floor plan, separate living room & family rooms & formal dining area between. First floor master w/ tray ceiling, 2 walk-in closets & adjoining spacious master bath. Upgraded kitchen w/ granite counters & backsplash. Double pantry & breakfast nook. Impact windows & doors - whole house standby generator & water softening system. Beautiful landscaped fenced yard. Screened porch & extended paver patio. Lovely lake views!

Last Agent to Sell the Property

Michelle Clarke

Dale Sorensen Real Estate Inc. License #3118538 Listed on: 12/07/2020

Last Buyer's Agent

Michelle Clarke

Dale Sorensen Real Estate Inc. License #3118538 Listed on: 12/07/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,968

Year Built

  • Built in 2017

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front
  • Fenced
  • Sprinkler System
  • Property is zoned RS-6

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Barrel Roof Shape
  • Frame Construction

Interior Spaces

  • 2,958 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Loft
  • Sun or Florida Room
  • Screened Porch
  • Lake Views
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Home Security

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

Pool

  • Room in yard for a pool

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 32391500003000000200.0

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, reserve fund, security
  • Verolago Phase 4 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,968

Year Built

Built in 2017

Lot Details

0

HOA Fees

$248 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 58th Ave north of 53rd St to right on 56th Pl. Left on 55th St, left on 55th Ter. Home on right.
  • Year Built: 2017
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Living/Dining Room, Pantry, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile
  • Living Area: 2958.0
  • Dining Room Type: Family Room, Florida Room, Laundry, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Room For Pool
  • View: Lake
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Pet on Property
  • Construction Type: Block, Frame
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 248.0
  • Community Features: Clubhouse, Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Reserve Fund, Security

Lot Info

  • Parcel #: 32391500003000000200.0
  • Lot Size Sq Ft: 9148.0
  • Zoning Description: RS-6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3968.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Montanez Erik
Bought by
Montanez Erik and Montanez Erik
Current Estimated Value
$607,438

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 25, 2021
Sold by
Lasswell William L and Lasswell Anita B
Bought by
Montanez Erik
Seller's Agent
Michelle Clarke
Dale Sorensen Real Estate Inc.
Buyer's Agent
Michelle Clarke
Dale Sorensen Real Estate Inc.
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$346,500
Outstanding Balance
$314,122
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$255,257

Purchase Details

Listed on
Jan 16, 2017
Closed on
Jun 30, 2017
Sold by
Vero Beach Builders Llc
Bought by
Lasswell William L and Lasswell Anita B
Seller's Agent
Shaun Welsh
Billero & Billero Properties
Buyer's Agent
Jill Tench
Dale Sorensen Real Estate Inc.
List Price
$328,654
Sold Price
$330,909
Premium/Discount to List
$2,255
0.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.85%
Original Mortgage
$341,829
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Closed on
Sep 8, 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
Montanez Erik -- None Available
Montanez Erik $385,000 Attorney
Lasswell William L $331,000 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montanez Erik $346,500
Previous Owner Lasswell William L $319,710
Previous Owner Lasswell William L $341,829
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $380,000 -4.8% $128 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $399,000 +20.6% $135 / Sq Ft
06/30/2017 06/30/17 Sold $330,909 +0.7% $127 / Sq Ft
05/31/2017 05/31/17 Pending -- -- --
01/16/2017 01/16/17 For Sale $328,654 -- $126 / 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 $5,123 $418,670 -- --
2023 $5,123 $395,020 $0 $0
2022 $4,997 $383,515 $0 $0
2021 $3,981 $302,889 $0 $0
2020 $3,968 $298,707 $0 $0
2019 $3,979 $291,992 $0 $0
2018 $3,947 $286,548 $34,000 $252,548
2017 $414 $29,750 $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

  • M

    Seller's Agent in 2021

    Michelle Clarke

    Dale Sorensen Real Estate Inc.

    (772) 263-0386

    3 in this area

    137 Total Sales

    Section Image
  • Shaun Welsh

    Seller's Agent in 2017

    Shaun Welsh

    Billero & Billero Properties

    (954) 249-6591

    34 in this area

    84 Total Sales

    Section Image

  • J

    Buyer's Agent in 2017

    Jill Tench

    Dale Sorensen Real Estate Inc.

    (772) 231-4712

    31 Total Sales

    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10676583

BeachesMLS

APN: 32-39-15-00003-0000-00200.0

Florida Indian River County Vero Beach 32967 Winter Beach

5540 55th Terrace, Vero Beach, FL

This home is located at 5540 55th Terrace, Vero Beach, FL 32967 since 07 December 2020 and is currently estimated at $569,379, approximately $192 per square foot. This property was built in 2017. 5540 55th Terrace 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