NOT LISTED FOR SALE

5550 40th Ave Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $398,863 - $442,000

3 Beds
2 Baths
1,672 Sq Ft
$255/Sq Ft Est. Value

Last Sold January 08, 2019

Last sale price $259,000 $155 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,890/month

2 Days on Market

Highlights

  • Clubhouse
  • Roman Tub
  • Walk-In Closet
  • Vaulted Ceiling
  • Tennis Courts
  • Laundry Room

About This Home

As of January 2019

Beautiful 3 bedroom home on a secluded Preserve. This home is located in the desirable gated community of VeroLago. This wonderful home features a gourmet kitchen, impact windows, 10' ceilings, granite in kitchen and baths, large walk-in shower and so much more. VeroLago features a low HOA, a 24 hr fitness center, total lawn care, heated pool, lighted tennis courts and a kids play area.

Last Agent to Sell the Property

Shaun Welsh

Billero & Billero Properties License #3252862 Listed on: 12/06/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,057

Year Built

  • Built in 2016

Lot Details

  • 7,405

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,672 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Exterior Lighting
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 32391500003000000132.0

Community Details

Overview

  • Verolago Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,057

Year Built

Built in 2016

Lot Details

0

HOA Fees

$217 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. Straight to 55th St left, left on 40th Ave. House is on the right.
  • Year Built: 2016
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Kitchen Island, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1672.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 217.0
  • Community Features: Clubhouse, Fitness, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 32391500003000000132.0
  • Zoning Description: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3057.0

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Jan 8, 2019
Sold by
Cone Brian E and Cone Shawn H
Bought by
Slater George E and Slater Nancy J
Seller's Agent
Shaun Welsh
Billero & Billero Properties
List Price
$259,000
Sold Price
$259,000
Current Estimated Value
$426,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,966
Avg. Annual Appreciation
7.41%
Original Mortgage
$207,200
Outstanding Balance
$181,832
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$245,134

Purchase Details

Closed on
Aug 30, 2016
Sold by
Vero Beach Builders Llc
Bought by
Cone Brian E and Cone Shawn H

Purchase Details

Closed on
Feb 18, 2016
Sold by
Corona Vero Lago Llc
Bought by
Vero Beach Builders Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Slater George E $259,000 Attorney
Cone Brian E $235,800 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Slater George E $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2019 01/08/19 Sold $259,000 0.0% $155 / Sq Ft
12/09/2018 12/09/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $259,000 -- $155 / 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
2025 $5,310 $385,582 $46,750 $338,832
2024 $4,565 $375,312 $46,750 $328,562
2023 $4,565 $267,390 $0 $0
2022 $4,080 $326,862 $38,250 $288,612
2021 $3,367 $220,983 $34,000 $186,983
2020 $3,435 $222,911 $34,000 $188,911
2019 $3,532 $222,911 $34,000 $188,911
2018 $3,283 $204,022 $34,000 $170,022
2017 $3,057 $186,693 $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 2019

    Shaun Welsh

    Billero & Billero Properties

    (954) 249-6591

    30 in this area

    69 Total Sales

    Shaun Welsh
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Map

Source: BeachesMLS

MLS Number: R10486418

BeachesMLS

APN: 32-39-15-00003-0000-00132.0

Florida Indian River County Vero Beach 32967 Winter Beach

5550 40th Ave, Vero Beach, FL

Not Listed for Sale

Detached

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