$850,000
SOLD DEC 11, 2020

9037 Somerset Bay Ln Unit 302 Vero Beach, FL 32963

Wabasso Beach Neighborhood
3 Beds
3.5 Baths
-- Sq Ft
2006 Built

Recently Sold

2% Below List Price

260 Days on Market

Highlights

  • Beach Access
  • Fitness Center
  • Heated Pool
  • Beachland Elementary School Rated A-
  • Intracoastal View
  • River Front

About This Home

As of December 2020

This elegant condo offers unobstructed views of the Indian River Lagoon & Intracoastal waterway. Beautifully finished with Travertine marble floors, custom built-ins, crown moldings, custom window treatments, gas fireplace, electric roll patio screens, private elevator entry, 2-car AC'd garage. Located directly across from the clubhouse, heated pool & fitness room. Deeded beach access.

Last Agent to Sell the Property

CHERYL BURGE

Berkshire Hathaway Florida License #3028658 Listed on: 02/24/2020

Berkshire Hathaway Florida

Last Buyer's Agent

Nancy Hardy

Premier Estate Properties License #0661622

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,426

Year Built

  • Built in 2006

Lot Details

  • River Front
  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Intracoastal
  • River

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 4-Story Property
  • Wet Bar
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • French Doors

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Balcony

Utilities

  • Multiple cooling system units
  • Multiple Heating Units
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 302
  • Assessor Parcel Number 31392600040006000302.0

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, recreation facilities, reserve fund, sewer, security, trash, water
  • A R Choice Association
  • Somerset Bay Condo Subdivision

Amenities

  • Trash Chute
  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Card or Code Access
  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,426

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SOMERSET BAY CONDO
  • Directions: A1A to Bermuda Club entrance. Drive west towards the river to condos. Building across from the clubhouse.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 2006
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-231-1270
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Negotiable
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Crown Molding, Elevator, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Stories: 4
  • Window Features: Impact Glass, Single Hung, Window Treatments
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Other
  • Pool Features: Electric Heat, Heated, Pool, Community
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: River Front, Beach Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Balcony, Storm/Security Shutters
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Air Conditioned Garage, Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Room, In Unit
  • Security: Gated Community, Key Card Entry
  • Green Building Features: Reception Area
  • Cooling: Electric, 3+ Units
  • Cooling Y N: Yes
  • Heating: Electric, Multiple Heating Units
  • Heating Yn: Yes
  • Sewer: County Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Elevator, Fitness, Storage Facilities, Trash Chute, Pool
  • Association Fee: 1194.0
  • Association Name: A R Choice
  • Pets Allowed: Yes, Breed Restrictions, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

  • Parcel #: 31392600040006000302.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6426.0
  • Tax Lot: 302
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
Dec 11, 2020
Sold by
Kielley Patricia G and Kielley Patricia G
Bought by
Webber Myra A and Myra A Webber Revocable Trust
Seller's Agent
CHERYL BURGE
Berkshire Hathaway Florida
Buyer's Agent
Nancy Hardy
Premier Estate Properties
List Price
$869,000
Sold Price
$850,000
Premium/Discount to List
-$19,000
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Mar 11, 2019
Sold by
Kielley Patricia G
Bought by
Kielley Patricia G and The Patricia G Kielley Trust

Purchase Details

Closed on
Jun 29, 2006
Sold by
Weston Real Estate Investment Corp
Bought by
Kielley James E and Kielley Patricia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.75%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $850,000 Oceanside Title & Escrow
Warranty Deed $850,000 Oceanside Title And Escrow
Interfamily Deed Transfer -- Attorney
Warranty Deed $970,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $342,300 New Conventional
Previous Owner $350,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2025 06/03/25 For Sale $1,495,000 +75.9% $484 / Sq Ft
12/11/2020 12/11/20 Sold $850,000 -2.2% --
11/11/2020 11/11/20 Pending -- -- --
02/24/2020 02/24/20 For Sale $869,000 -- --
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
2024 $8,119 $652,011 -- --
2023 $8,119 $615,181 $0 $0
2022 $7,972 $597,263 $0 $0
2021 $9,754 $660,578 $0 $660,578
2020 $6,387 $463,294 $0 $0
2019 $6,418 $452,878 $0 $0
2018 $6,377 $444,434 $0 $0
2017 $6,341 $435,293 $0 $0
2016 $6,275 $426,340 $0 $0
2015 $6,502 $423,380 $0 $0
2014 $6,353 $420,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Indian River County

MLS Number: 230390

APN: 31-39-26-00040-0060-00302.0