NOT LISTED FOR SALE

5585 40th Ave Vero Beach, FL 32967

Winter Beach Neighborhood

Estimated Value: $399,000 - $439,000

3 Beds
2 Baths
1,810 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $425,000 $235 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,704/month

180 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Roman Tub
  • Outdoor Pool
  • Clubhouse
  • Covered Patio or Porch

About This Home

As of November 2024

Privacy!! This CBS HOME backs onto a preserve area. It features 3 bedrooms, 2 bathrooms, high ceilings, and impact windows and doors. The open concept with an island kitchen is spacious, and the property boasts numerous amenities, heated pool, fitness center, tennis, pickle ball, and tot lot. This home has been lovingly maintained throughout.

Last Agent to Sell the Property

Kathleen Provancher

One Sotheby's Int'l Realty Brokerage Phone: 888-883-8509 License #3258812 Listed on: 05/14/2024

One Sotheby's Int'l Realty

Last Buyer's Agent

NON-MLS AGENT

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,942

Year Built

  • Built in 2016

Lot Details

  • Lot Dimensions are 162x55
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,810 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 149
  • Assessor Parcel Number 32391500003000000149.0

Community Details

Overview

  • Association fees include common areas, ground maintenance, recreation facilities, reserve fund, security
  • Elliot Merrill Association
  • Verolago Subdivision

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,942

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size: 162x55
  • Ownership: Single Family/Other
  • Subdivision Name: Verolago
  • Directions: Main gate on 58th Ave, go straight thru round abouts, on 56th lane to 56th terrace, left on 40th Avenue
  • 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: 888-883-8509
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, Kitchen Island, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1810.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: Pool, Community
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Porch
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Room
  • Security: Security System Owned, 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, Other, Playground, Sidewalks, Pool
  • Association Fee: 285.0
  • Association Name: Elliot Merrill
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

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

Lot Info

  • Parcel #: 32391500003000000149.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2942.0
  • Tax Lot: 149
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Nov 4, 2024
Sold by
Alexandre Jose M and Alexandre Maria E
Bought by
Keeney Edward
Seller's Agent
Kathleen Provancher
One Sotheby's Int'l Realty
Buyer's Agent
NON-MLS AGENT
NON MLS
List Price
$479,000
Sold Price
$425,000
Premium/Discount to List
-$54,000
-11.27%
Views
61
Current Estimated Value
$418,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,392
Avg. Annual Appreciation
-1.32%
Original Mortgage
$420,750
Outstanding Balance
$415,263
Interest Rate
6.12%
Mortgage Type
VA
Estimated Equity
$3,345

Purchase Details

Closed on
Jul 31, 2017
Sold by
Vero Beach Builders Llc
Bought by
Alexandre Jose M and Alexandre Maria E

Purchase Details

Closed on
Jan 10, 2017
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
Keeney Edward $425,000 Premier Title
Keeney Edward $425,000 Premier Title
Alexandre Jose M $237,400 Rtc Title Inc
Vero Beach Builders Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keeney Edward $420,750
Closed Keeney Edward $420,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2024 11/12/24 Sold $425,000 -5.6% $235 / Sq Ft
08/13/2024 08/13/24 Price Changed $450,000 -6.1% $249 / Sq Ft
05/15/2024 05/15/24 For Sale $479,000 -- $265 / 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
2025 $6,122 $406,753 $46,750 $360,003
2024 $2,942 $395,844 $46,750 $349,094
2023 $2,942 $238,329 $0 $0
2022 $2,863 $231,388 $0 $0
2021 $2,850 $224,648 $0 $0
2020 $2,837 $221,546 $0 $0
2019 $2,839 $216,565 $0 $0
2018 $2,812 $212,527 $34,000 $178,527
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

  • Kathleen Provancher

    Seller's Agent in 2024

    Kathleen Provancher

    One Sotheby's Int'l Realty

    (772) 538-9700

    5 in this area

    246 Total Sales

    Kathleen Provancher
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS AGENT

    NON MLS

See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 278253

APN: 32-39-15-00003-0000-00149.0

Florida Indian River County Vero Beach 32967 Winter Beach

5585 40th Ave, Vero Beach, FL

Not Listed for Sale

Detached

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