NOT LISTED FOR SALE

Estimated Value: $519,000 - $579,578

6 Beds
4 Baths
3,428 Sq Ft
$159/Sq Ft Est. Value

Last Sold March 21, 2023

Last sale price $495,000 $144 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,341/month

66 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • Gated Community
  • Fitness Center
  • Outdoor Pool
  • Clubhouse

About This Home

As of March 2023

Beautifully remodeled 6 bedroom, 4 bath home on a quiet lake in VeroLago. Home features 1 bed, 1 bath downstairs, large downstairs family room, large loft upstairs, large walk-in closet in every bedroom, and so much more. Desirable gated community features a 24 hr. fitness center, heated pool, tennis courts and more.

Last Agent to Sell the Property

Shaun Welsh

Billero & Billero Properties License #3252862 Listed on: 01/13/2023

Last Buyer's Agent

Crystal Cardenas

Southern Key Realty License #3241492

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 2007

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 54x150
  • Home fronts a pond
  • Lake Front
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,428 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 293
  • Assessor Parcel Number 32391600007000000293.0

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, security
  • Elliott Merrill Association
  • Verolago Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 54x150
  • Road Surface Type: Paved
  • Ownership: Single Family/Other
  • Subdivision Name: Verolago
  • Directions: 58th Ave to 57th St straight to 56th Ln, straight to 43rd Ct.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2007
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-0001
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Interior Amenities: Pantry, Split Bedrooms
  • Living Area: 3428.0
  • Stories: 2
  • Window Features: Single Hung, Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: None
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Laundry Features: Laundry Room
  • Security: Gated Community
  • 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, Other, Playground, Park, Tennis Court(s), Pool
  • Association Fee: 284.0
  • Association Name: ELLIOTT MERRILL
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 32391600007000000293.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3392.0
  • Tax Lot: 293
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2023
Closed on
Mar 21, 2023
Sold by
Hope Thomas W
Bought by
Somaru Charlene and Marie Charles
Seller's Agent
Shaun Welsh
Billero & Billero Properties
Buyer's Agent
Crystal Cardenas
Southern Key Realty
List Price
$530,000
Sold Price
$495,000
Premium/Discount to List
-$35,000
-6.6%
Views
143
Current Estimated Value
$543,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,645
Avg. Annual Appreciation
4.20%
Original Mortgage
$371,250
Outstanding Balance
$362,054
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$185,270

Purchase Details

Closed on
Oct 22, 2021
Sold by
Hope Richard V
Bought by
Hope Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2018
Closed on
May 15, 2019
Sold by
Zheng Dai Qiang and Zheng Jua
Bought by
Hope Richard V
Seller's Agent
Karen Conrado
RE/MAX Select Group
Buyer's Agent
Karen Conrado
RE/MAX Select Group
List Price
$308,900
Sold Price
$275,000
Premium/Discount to List
-$33,900
-10.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$220,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2008
Sold by
Centex Homes
Bought by
Zheng Dai Qiang and Zheng Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Somaru Charlene $495,000 First American Title
Hope Thomas W $400,000 Elite Ttl Of Treasure Coast
Hope Richard V $275,000 Treasure Coast Ttl & Setmnt
Zheng Dai Qiang $248,000 Lawyers Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somaru Charlene $371,250
Previous Owner Hope Thomas W $300,000
Previous Owner Hope Richard V $220,000
Previous Owner Zheng Dai Qiang $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2023 03/21/23 Sold $495,000 -1.0% $144 / Sq Ft
02/13/2023 02/13/23 Price Changed $500,000 -5.7% $146 / Sq Ft
01/13/2023 01/13/23 For Sale $530,000 +92.7% $155 / Sq Ft
05/15/2019 05/15/19 Sold $275,000 -11.0% $80 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
09/22/2018 09/22/18 For Sale $308,900 -- $90 / 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 $4,547 $459,340 $55,250 $404,090
2023 $4,547 $353,585 $0 $0
2022 $4,432 $343,286 $0 $0
2021 $3,392 $262,394 $34,000 $228,394
2020 $4,166 $272,400 $34,000 $238,400
2019 $2,921 $221,977 $0 $0
2018 $2,894 $217,839 $0 $0
2017 $2,867 $213,358 $0 $0
2016 $2,830 $208,970 $0 $0
2015 $2,929 $207,520 $0 $0
2014 $2,846 $205,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 265352

APN: 32-39-16-00007-0000-00293.0