NOT LISTED FOR SALE

5554 Highway A1a Unit 201 Indn Riv Shrs, FL 32963

Estimated Value: $627,000 - $1,011,000

2 Beds
2 Baths
-- Sq Ft
1980 Built

Last Sold May 22, 2015

Last sale price $440,000

Est. 90% increase in value since last sale

Current estimated payment $5,253/month

911 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • 1 Fireplace
  • Beachland Elementary School Rated A-
  • Gated Community
  • Covered Patio or Porch

About This Home

As of May 2015

Direct oceanfront residence rarely available in La Mer. Remodel by Mark Pierce & Assoc. Unobstructed Atlantic ocean views from LR, MBR, & kitchen. Gourmet kitchen w/Bosch appliances, double crown moldings, elegant tile floors, fireplace, under-bldg parking & lots of storage. Beautifully landscaped, gated entry, heated pool & private walkway to the Ocean. Sizes approx./subj to error.

Last Buyer's Agent

Steve Rennick

Rennick Real Estate License #3058135

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,786

Year Built

  • Built in 1980

Lot Details

  • Ocean Front
  • West Facing Home

Parking

  • 1 Car Garage

Home Design

  • Rolled or Hot Mop Roof
  • Foam Roof

Interior Spaces

  • 3-Story Property
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Sliding Doors
  • Tile Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Beach Access
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 32401900019001000201.0

Community Details

Overview

  • Association fees include common areas, security, water
  • La Mer Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Phone Entry
  • Gated Community
  • Hurricane or Storm Shutters
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,786

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: 0
  • Road Surface Type: Paved
  • Co List Office Mls Id: 0074
  • Co List Office Phone: 772-231-4712
  • Ownership: Condo
  • Subdivision Name: LA MER CONDO
  • Directions: A1A north to La Mar - Bldg 1. Direct ocean.
  • Architectural Style: Three Story
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Year Built: 1980
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-4712
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, Walk-In Closet(s)
  • Stories: 3
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Other
  • Pool Features: Community, Pool
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Beach Access
  • Waterfront: Yes
  • Disclosures: Pet Restrictions
  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Balcony, Porch, Storm/Security Shutters
  • Patio And Porch Features: Covered, Porch
  • Roof: Foam, Rolled/Hot Mop

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage

Utilities

  • Laundry Features: In Unit
  • Security: Gated Community, Phone Entry, Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Amenities: Dues Paid Quarterly
  • Association Fee: 2308.0
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Other, Security, Water

Lot Info

  • Parcel #: 32401900019001000201.0
  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 5786.0
  • Tax Lot: 201
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Peg 225 Llc
Bought by
Ford Kevin C and Ford Kimberly
Current Estimated Value
$837,551

Purchase Details

Closed on
Mar 3, 2023
Sold by
Foley Kanani
Bought by
Peg 225 Llc

Purchase Details

Closed on
Aug 19, 2022
Sold by
Strandberg Neil A and Strandberg Michele
Bought by
Foley Kanani

Purchase Details

Closed on
May 3, 2019
Sold by
Strandberg Neil A and Strandberg Michele
Bought by
Strandberg Neil A and Strandberg Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2017
Sold by
Wohlberg Miranda Matilda
Bought by
Strandberg Neil A

Purchase Details

Listed on
Oct 19, 2012
Closed on
May 12, 2015
Sold by
Shafer James R and Shafer Sharon Ann
Bought by
Wohlberg Pamela A
Buyer's Agent
Steve Rennick
Rennick Real Estate
List Price
$580,000
Sold Price
$440,000
Premium/Discount to List
-$140,000
-24.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Apr 20, 2009
Sold by
Thatcher Marilyn S
Bought by
Shafer Sharon Ann

Purchase Details

Closed on
Apr 21, 2008
Sold by
Shafer Jack L
Bought by
Thatcher Marilyn S and Shafer James R
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
Ford Kevin C -- None Listed On Document
Peg 225 Llc $911,000 --
Foley Kanani $1,050,000 Riomar Title
Strandberg Neil A $94,400 Attorney
Strandberg Neil A -- Attorney
Wohlberg Mirand Matilda -- Attorney
Wohlberg Pamela A $440,000 Elite Title Of The Treasure
Shafer Sharon Ann -- Attorney
Thatcher Marilyn S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strandberg Neil A $453,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2015 05/22/15 Sold $440,000 -24.1% --
04/22/2015 04/22/15 Pending -- -- --
10/22/2012 10/22/12 For Sale $580,000 -- --
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
2025 $10,226 $852,806 -- $852,806
2024 $11,184 $852,806 -- $852,806
2023 $11,184 $942,009 $0 $942,009
2022 $7,336 $728,207 $0 $728,207
2021 $5,591 $443,859 $0 $443,859
2020 $5,683 $443,859 $0 $443,859
2019 $5,763 $435,156 $0 $435,156
2018 $6,653 $494,496 $0 $494,496
2017 $6,487 $489,600 $0 $0
2016 $5,878 $408,000 $0 $0
2015 $6,163 $408,000 $0 $0
2014 $5,622 $371,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 131863

APN: 32-40-19-00019-0010-00201.0