NOT LISTED FOR SALE

9055 Somerset Bay Ln Unit 202 Vero Beach, FL 32963

Wabasso Beach Neighborhood

Estimated Value: $1,259,000 - $1,584,000

3 Beds
3.5 Baths
3,088 Sq Ft
3.75 Acres

Last Sold November 30, 2023

Last sale price $1,450,000 $470 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,550/month

12 Days on Market

Highlights

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

About This Home

As of November 2023

Exquisite 3BR / Study / 3.5BA condo w/ captivating long views of the Indian River! Private elevator entry, updated kitchen / quartz tops, travertine flooring thru main living areas, light and bright open living concept w/ split floor plan, impact doors & windows, spacious lanai w/ retractable screens, 2 car a/c garage. Deeded beach & river access, clubhouse, pool, fitness center. Only large floorplan unit available. Furniture available.

Last Agent to Sell the Property

Bob Niederpruem

Premier Estate Properties Brokerage Phone: 772-234-5555 License #0522681 Listed on: 06/30/2023

Last Buyer's Agent

Sally Daley

Douglas Elliman Florida LLC License #3106981

Douglas Elliman Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,450

Year Built

  • Built in 2007

Lot Details

  • River Front
  • Northeast Facing Home

Parking

  • 2 Car Garage

Property Views

  • Intracoastal
  • River
  • Lake

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 3,088 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Crown Molding
  • 1 Fireplace
  • Tinted Windows
  • French Doors
  • Security System Owned

Kitchen

  • 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
  • Laundry Tub

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 202
  • Assessor Parcel Number 31392600040009000202.0

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pest control, reserve fund, sewer, trash, water
  • Elliott Merrill Association
  • Somerset Bay Condo Subdivision

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,450

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: N/A
  • Ownership: Condo
  • Subdivision Name: SOMERSET BAY CONDO
  • Directions: From Beachland Blvd, head north on A1A for approx. 7 miles, then left onto Somerset Bay Lane.
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 4
  • Year Built: 2007
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-234-5555
  • Special Features: VirtualTour
  • Stories: 4

Interior Features

  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, 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: Built-in Features, Closet Cabinetry, Crown Molding, Elevator, Kitchen Island, Split Bedrooms, Walk-In Closet(s), French Door(s)/Atrium Door(s)
  • Living Area: 3088.0
  • Stories: 4
  • Window Features: Tinted Windows
  • ResoLivingAreaSource: Plans

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • Security: Security System Owned, Key Card Entry
  • 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, Elevator, Fitness, Other, Storage Facilities, Pool
  • Association Fee: 1463.0
  • Association Name: Elliott Merrill
  • Pets Allowed: Yes, Number Limit, Size Limit
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 31392600040009000202.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9450.0
  • Tax Lot: 202
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2023
Closed on
Nov 30, 2023
Sold by
Smith Edward A and Smith Ann M
Bought by
William Melvin Hartog Iii Revocable Trust and Lois Kopala Conrad Trust
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Sally Daley
Douglas Elliman Florida LLC
List Price
$1,450,000
Sold Price
$1,450,000
Views
8
Current Estimated Value
$1,415,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,147
Avg. Annual Appreciation
-1.27%
Original Mortgage
$1,525,000
Interest Rate
7.63%
Mortgage Type
Construction

Purchase Details

Listed on
May 27, 2022
Closed on
Oct 28, 2022
Sold by
Campbell Robert Timothy
Bought by
Smith Edward A and Smith Ann M
Seller's Agent
Bob Niederpruem
Premier Estate Properties
Buyer's Agent
Bob Niederpruem
Premier Estate Properties
List Price
$1,525,000
Sold Price
$1,300,000
Premium/Discount to List
-$225,000
-14.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$1,000,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2021
Closed on
Mar 31, 2022
Sold by
Johanna Mccracken
Bought by
Campbell Robert T
Seller's Agent
Talle Genoni
One Sotheby's Int'l Realty
Buyer's Agent
Bob Niederpruem
Premier Estate Properties
List Price
$1,150,000
Sold Price
$1,160,000
Premium/Discount to List
$10,000
0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.71%

Purchase Details

Closed on
Mar 6, 2009
Sold by
Weston Real Estate Development Llc
Bought by
Mccracken Edward V and Mccracken Johanna P
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
William Melvin Hartog Iii Revocable Trust $1,450,000 None Listed On Document
Smith Edward A $1,300,000 None Listed On Document
Smith Edward A -- --
Campbell Agnos Lindsay $1,300,000 --
Campbell Robert T $1,160,000 Oceanside Title & Escrow
Mccracken Edward V $580,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed William Melvin Hartog Iii Revocable Trust $1,525,000
Previous Owner Smith Edward A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2023 11/30/23 Sold $1,450,000 0.0% $470 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/30/2023 06/30/23 For Sale $1,450,000 +11.5% $470 / Sq Ft
10/28/2022 10/28/22 Sold $1,300,000 -14.8% $421 / Sq Ft View Prior Sale
09/28/2022 09/28/22 Pending -- -- --
05/27/2022 05/27/22 For Sale $1,525,000 +31.5% $494 / Sq Ft
03/31/2022 03/31/22 Sold $1,160,000 +0.9% $376 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
09/02/2021 09/02/21 For Sale $1,150,000 -- $372 / 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
2024 $12,434 $1,085,673 -- $1,085,673
2023 $12,434 $917,823 $0 $917,823
2022 $9,843 $709,511 $0 $709,511
2021 $9,078 $614,295 $0 $614,295
2020 $9,210 $614,295 $0 $614,295
2019 $10,316 $682,550 $0 $682,550
2018 $10,288 $733,975 $0 $733,975
2017 $9,535 $667,250 $0 $0
2016 $9,254 $667,250 $0 $0
2015 $7,578 $450,500 $0 $0
2014 $6,798 $409,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bob Niederpruem

    Premier Estate Properties

    (772) 538-4859

    5 in this area

    35 Total Sales

    Bob Niederpruem
    Section Image
  • Sally Daley

    Buyer's Agent in 2023

    Sally Daley

    Douglas Elliman Florida LLC

    (772) 538-4503

    12 in this area

    157 Total Sales

    Sally Daley
    Section Image
  • Talle Genoni

    Seller's Agent in 2022

    Talle Genoni

    One Sotheby's Int'l Realty

    (772) 766-9929

    18 in this area

    92 Total Sales

    Talle Genoni
    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 269632

APN: 31-39-26-00040-0090-00202.0

Florida Indian River County Vero Beach 32963 Wabasso Beach

9055 Somerset Bay Ln Unit 202, Vero Beach, FL

This home is located at 9055 Somerset Bay Ln Unit 202, Vero Beach, FL 32963 since 30 June 2023 and is currently estimated at $1,415,853, approximately $458 per square foot. This property was built in 2007. 9055 Somerset Bay Ln Unit 202 is a home located in Indian River County with nearby schools including Beachland Elementary School, Gifford Middle School, and Vero Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes