$1,160,000
SOLD MAR 31, 2022

9055 Somerset Bay Ln Unit 202 Vero Beach, FL 32963

Wabasso Beach Neighborhood
3 Beds
3.5 Baths
3,088 Sq Ft
3.75 Acres

Recently Sold

$376 Per Sq Ft

1% Above List Price

Highlights

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

About This Home

As of November 2023

Exquisite Somerset Bay condo with captivating views of the Indian River! Private elevator entry, travertine flooring throughout main living areas, light and bright open living concept with split floor plan, gas fireplace impact doors & windows, spacious lanai with retractable screens, 2 car AC garage. Deeded beach & river access, clubhouse, pool, fitness ctr.

Last Agent to Sell the Property

Talle Genoni

One Sotheby's Int'l Realty License #0674912 Listed on: 09/02/2021

One Sotheby's Int'l Realty

Last Buyer's Agent

Bob Niederpruem

Premier Estate Properties License #0522681

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,210

Year Built

  • Built in 2007

Lot Details

  • River Front
  • Southwest 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
  • Central Vacuum
  • Built-In Features
  • Crown Molding
  • French Doors
  • Marble Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

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
  • Ar Choice Management 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,210

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size: na
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: SOMERSET BAY CONDO
  • Directions: A1A North to Bermuda Club, West to condos.
  • 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: Other
  • Property Sub Type Additional: Attached
  • Attribution Contact: 772-492-1002
  • Special Features: None
  • Stories: 4

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: No
  • Flooring: Marble
  • Interior Amenities: Built-in Features, Closet Cabinetry, Crown Molding, Elevator, Kitchen Island, Split Bedrooms, Walk-In Closet(s), Central Vacuum, French Door(s)/Atrium Door(s)
  • Living Area: 3088.0
  • Stories: 4
  • Window Features: Single Hung
  • ResoLivingAreaSource: Other

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: Southwest
  • Exterior Features: Balcony
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub, In Unit
  • 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: 1250.0
  • Association Name: AR Choice Management
  • 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

Schools

  • Junior High Dist: Indian River County Schools

Lot Info

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

Tax Info

  • Tax Annual Amount: 9210.0
  • Tax Lot: 202
  • Tax Year: 2020

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:

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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 Type Sale Price Title Company
Warranty Deed $1,450,000 None Listed On Document
Personal Reps Deed $1,300,000 None Listed On Document
Warranty Deed -- --
Personal Reps Deed $1,300,000 --
Warranty Deed $1,160,000 Oceanside Title & Escrow
Warranty Deed $580,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $1,525,000 Construction
Previous Owner $1,000,000 New Conventional
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 View Prior Sale
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
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

    156 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
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Map

Source: REALTORS® Association of Indian River County

MLS Number: 246361

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 and is currently priced at $1,160,000, approximately $375 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.

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