NOT LISTED FOR SALE

Estimated Value: $4,235,000 - $4,676,000

5 Beds
6 Baths
4,868 Sq Ft
$906/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $4,100,000 $842 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $27,785/month

173 Days on Market

Highlights

  • Outdoor Pool
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Beachland Elementary School Rated A-
  • Marble Flooring
  • Outdoor Kitchen

About This Home

As of March 2022

Situated in the heart of Old Riomar on one of Vero’s most iconic streets and sought-after neighborhoods. This spacious CBS home has 5 bedrooms and 6 full baths with almost 5,000 SF of A/C living space. This 175’ deep lot provides for a spacious yard in addition to a large hardscape and pool area. Only ½ block to one of Vero’s best beaches and a short walk to shops and restaurants.

Last Agent to Sell the Property

Joseph Schlitt

Douglas Elliman Florida LLC License #3102713 Listed on: 09/02/2021

Douglas Elliman Florida LLC

Co-Listed By

Joseph ONeill

Douglas Elliman Florida LLC License #3289603

Last Buyer's Agent

Michael Thorpe

One Sotheby's Int'l Realty License #3230082

One Sotheby's Int'l Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,554

Year Built

  • Built in 2007

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 100x175
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Car Garage

Home Design

  • Shake Roof
  • Wood Roof

Interior Spaces

  • 4,868 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Crown Molding
  • Vaulted Ceiling
  • 1 Fireplace
  • Tinted Windows
  • Sliding Doors
  • Pool Views
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Built-In Barbecue

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Riomar Subdivision

Listing and Financial Details

  • Tax Lot 43
  • Assessor Parcel Number 33400500001001000043.0

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,554

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Lot Size: 100x175
  • Co List Office Mls Id: 1352
  • Co List Office Phone: 772-257-8000
  • Ownership: Single Family/Other
  • Subdivision Name: Riomar
  • Directions: From A1A heading north from the Causeway bridge, take a right onto Riomar Drive and the house will be on the south side of Riomar Drive.
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 2
  • Year Built: 2007
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-763-1500
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Door Features: Sliding Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Interior Amenities: Closet Cabinetry, Crown Molding, High Ceilings, Kitchen Island, Master Downstairs, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Living Area: 4868.0
  • Stories: 2
  • Window Features: Tinted Windows
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: Pool, Private
  • Pool Private: Yes
  • View: Pool
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Exterior Features: Built-in Barbecue, Barbecue, Sprinkler/Irrigation, Outdoor Kitchen, Porch
  • Patio And Porch Features: Covered, Porch
  • Roof: Shake, Wood

Garage/Parking

  • Garage Spaces: 3.0
  • Parking Features: Three Car Garage, Three or more Spaces

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Smoke Detector(s)
  • Cooling: Central Air, 3+ Units
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Name: N/A
  • Pets Allowed: Yes

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 33400500001001000043.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 21554.0
  • Tax Lot: 43
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2021
Closed on
Mar 25, 2022
Sold by
Tas 856 Riomar Llc
Bought by
Null Family Trust
Seller's Agent
Joseph Schlitt
Douglas Elliman Florida LLC
Buyer's Agent
Michael Thorpe
One Sotheby's Int'l Realty
List Price
$4,250,000
Sold Price
$4,100,000
Premium/Discount to List
-$150,000
-3.53%
Current Estimated Value
$4,412,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,068
Avg. Annual Appreciation
1.93%

Purchase Details

Closed on
Sep 1, 2021
Sold by
Masterson Ricky D and Masterson Carla
Bought by
Tas 856 Riomar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,900,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Sep 4, 2019
Closed on
Dec 13, 2019
Sold by
Dudek Mitchell D
Bought by
Masterson Ricky D and Masterson Carla
Seller's Agent
Cindy O'Dare
One Sotheby's Int'l Realty
Buyer's Agent
Talle Genoni
One Sotheby's Int'l Realty
List Price
$1,998,000
Sold Price
$1,950,000
Premium/Discount to List
-$48,000
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%
Original Mortgage
$1,560,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 5, 2012
Closed on
Apr 2, 2012
Sold by
Real Property Holding Builder Portfolio
Bought by
Dudek Mitchell D
List Price
$1,249,990
Sold Price
$1,000,000
Premium/Discount to List
-$249,990
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.06%
Original Mortgage
$750,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 4, 2012
Sold by
Pnc Bank National Association
Bought by
Real Property Holding Builder Portfolio

Purchase Details

Closed on
Nov 14, 2011
Sold by
Rio Mar Village Development Llc and Gail Ian C R
Bought by
Pnc National Association and National City Bank

Purchase Details

Closed on
Mar 11, 2004
Sold by
D & M Development Llc
Bought by
Rio Mar Village Development Llc
Source: Public Records
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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
Null Family Trust $4,100,000 South Milhausen Pa
Tas 856 Riomar Llc $3,095,000 Attorney
Masterson Ricky D $1,950,000 Attorney
Dudek Mitchell D $1,000,000 Universal Land Title Llc
Real Property Holding Builder Portfolio -- Attorney
Pnc National Association $468,100 None Available
Rio Mar Village Development Llc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tas 856 Riomar Llc $2,900,000
Previous Owner Masterson Ricky D $1,560,000
Previous Owner Dudek Mitchell D $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $4,100,000 -3.5% $842 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
09/02/2021 09/02/21 For Sale $4,250,000 +117.9% $873 / Sq Ft
12/13/2019 12/13/19 Sold $1,950,000 -2.4% $375 / Sq Ft View Prior Sale
11/13/2019 11/13/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $1,998,000 0.0% $385 / Sq Ft
01/31/2018 01/31/18 Rented $7,000 -53.3% --
01/01/2018 01/01/18 Under Contract -- -- --
05/25/2017 05/25/17 For Rent $15,000 0.0% --
04/02/2012 04/02/12 Sold $1,000,000 -20.0% $205 / Sq Ft View Prior Sale
03/03/2012 03/03/12 Pending -- -- --
01/05/2012 01/05/12 For Sale $1,249,990 -- $257 / Sq Ft
Source: REALTORS® Association of Indian River County

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 $58,213 $3,686,847 -- --
2024 $53,587 $3,686,847 -- --
2023 $53,587 $3,478,584 $866,851 $2,611,733
2022 $43,820 $2,803,655 $684,356 $2,119,299
2021 $21,679 $1,396,306 $0 $0
2020 $21,554 $1,370,211 $0 $0
2019 $24,719 $1,484,986 $501,861 $983,125
2018 $24,121 $1,422,663 $501,861 $920,802
2017 $24,660 $1,432,461 $0 $0
2016 $23,789 $1,367,460 $0 $0
2015 $22,355 $1,244,930 $0 $0
2014 $19,771 $1,137,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 246314

APN: 33-40-05-00001-0010-00043.0