$360,000
SOLD NOV 4, 2019

5194 Formosa Cir Vero Beach, FL 32967

Waterway Village Neighborhood
4 Beds
4 Baths
2,537 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$142 Per Sq Ft

5% Below List Price

133 Days on Market

Highlights

  • Lake Front
  • Outdoor Pool
  • Clubhouse
  • Home fronts a pond
  • Gated Community
  • Roman Tub

About This Home

As of September 2020

Luxurious Carlyle model located in the prestigious gated community of The Isles of the Waterway Village. This lakefront 4 bedroom, 4 bath home features: impact windows, his and her master baths, gourmet kitchen with granite, stainless steel appliances, 10' ceilings and 8' doors, safe room, poured concrete construction and so much more. Located near Beaches and shopping.

Last Agent to Sell the Property

Shaun Welsh

Billero & Billero Properties License #3252862 Listed on: 05/24/2019

Last Buyer's Agent

Don Stadtler

Lighthouse Realty License #3293555

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $135

Year Built

  • Built in 2012

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 67x135
  • Home fronts a pond
  • Lake Front
  • Southwest Facing Home
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • Tile Roof

Interior Spaces

  • 2,537 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Insulated Windows
  • Window Treatments
  • Sliding Doors
  • Lake Views
  • Security System Owned

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Outdoor Pool
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 374A
  • Assessor Parcel Number 32392100011000000374.0

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, recreation facilities, reserve fund, security
  • Isles At Waterway Village Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$135

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Lot Size: 67X135
  • Ownership: Single Family/Other
  • Subdivision Name: Isles at Waterway Village
  • Directions: 58th Ave to East on 53rd St. Entrance on right. Straight to the left on Formosa.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2012
  • Property Sub Type Additional: Detached
  • Attribution Contact: 772-231-0001
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Interior Amenities: Bathtub, Crown Molding, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2537.0
  • Stories: 1
  • Window Features: Impact Glass, Insulated Windows, Window Treatments

Exterior Features

  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: Southwest
  • Exterior Features: Enclosed Porch, Porch
  • Patio And Porch Features: Covered, Porch, Screened
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Laundry Features: Laundry Room, Laundry Tub
  • Security: Security System Owned, Gated Community
  • 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, Other, Playground, Tennis Court(s), Pool
  • Association Fee: 370.0
  • Pets Allowed: Yes, Breed Restrictions, Number Limit

Fee Information

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

Lot Info

  • Parcel #: 32392100011000000374.0
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 135.0
  • Tax Lot: 374A
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 28, 2020
Sold by
Mass Leonard and Mcguiness Mass Meri
Bought by
Garcia Samuel E and Garcia Kimberly B
Buyer's Agent
Mike Young
Dale Sorensen Real Estate Inc.
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$617,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,111
Avg. Annual Appreciation
9.85%
Original Mortgage
$312,000
Outstanding Balance
$280,625
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,172

Purchase Details

Listed on
May 24, 2019
Closed on
Oct 23, 2019
Sold by
Canovali Lawrence L and Boniface Debra C
Bought by
Mass Leonard and Mcguiness Mass Meri L
Seller's Agent
Shaun Welsh
Billero & Billero Properties
Buyer's Agent
Don Stadtler
Lighthouse Realty
List Price
$377,000
Sold Price
$360,000
Premium/Discount to List
-$17,000
-4.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%
Original Mortgage
$176,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 2013
Sold by
Canovali Lawrence L and Canovali Joan Marie
Bought by
Canovali Lawrence L and Boniface Debra C

Purchase Details

Closed on
Feb 3, 2012
Sold by
Divosta Homes Lp
Bought by
Canovali Larry L and Canovali Joan M
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 $390,000 Elite Ttl Of Treasure Coast
Warranty Deed $360,000 Elite Ttl Of Treasure Coast
Interfamily Deed Transfer -- Attorney
Warranty Deed $280,700 Pgp Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 New Conventional
Previous Owner $176,000 Credit Line Revolving
Previous Owner $140,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $390,000 -2.5% $154 / Sq Ft
08/29/2020 08/29/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $399,900 +11.1% $158 / Sq Ft
11/04/2019 11/04/19 Sold $360,000 -4.5% $142 / Sq Ft
10/05/2019 10/05/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $377,000 -- $149 / 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 $3,670 $308,005 -- --
2023 $3,670 $290,606 $0 $0
2022 $3,575 $282,142 $0 $0
2021 $3,567 $273,925 $0 $0
2020 $1,439 $126,856 $0 $0
2019 $140 $255,161 $0 $0
2018 $135 $250,404 $0 $0
2017 $128 $245,254 $0 $0
2016 $121 $240,210 $0 $0
2015 $121 $238,550 $0 $0
2014 $97 $236,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Young

    Buyer's Agent in 2020

    Mike Young

    Dale Sorensen Real Estate Inc.

    (772) 940-3618

    3 in this area

    99 Total Sales

    Section Image
  • Shaun Welsh

    Seller's Agent in 2019

    Shaun Welsh

    Billero & Billero Properties

    (954) 249-6591

    1 in this area

    84 Total Sales

    Section Image

  • D

    Buyer's Agent in 2019

    Don Stadtler

    Lighthouse Realty

    (772) 205-5027

    21 Total Sales

    Section Image
See All Agents

Map

Source: REALTORS® Association of Indian River County

MLS Number: 221866

APN: 32-39-21-00011-0000-00374.0

Florida Indian River County Vero Beach 32967 Waterway Village

5194 Formosa Cir, Vero Beach, FL

This home is located at 5194 Formosa Cir, Vero Beach, FL 32967 and is currently priced at $360,000, approximately $141 per square foot. This property was built in 2012. 5194 Formosa Cir is a home located in Indian River County with nearby schools including Dodgertown Elementary School, Storm Grove Middle School, and Sebastian River High School.

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