tomo logo

$4,190,000

Beds
5
Baths
5.0
sq ft
4,804

975 Riomar Dr, Vero Beach, FL 32963

975 Riomar Dr

Vero Beach, FL 32963

  • 208 days on market
This stunning estate was built in 1918 in Old Riomar & is one-of-a-kind! This property has been expertly reimagined to skillfully combine contemporary features while still highlighting ageless design elements indicative of Riomar. Featuring 5BR/5BA + office/den. Details: open floor plan, gourmet kitchen w/ center island, high ceilings, wood floors. Deck overlooking lush landscape & pool. Situated on a gorgeous & private property only 2 lots from the most beautiful beach, Riomar Beach Club & a short walk or golf cart ride to Vero’s Ocean Drive w/ restaurants & shops. Sizes approx/subj to error

Details

Property type

Single Family Residence

Est. home value

$4,563,043

Lot size

Unknown

Price per sq ft

$873

Year built

1918

Annual property taxes

$12,841

Price History

05/28/2024
IndianRiver

IndianRiver #280611

Listed
$4,190,000
05/18/2024
IndianRiver

IndianRiver #270826

Removed
$4,190,000
05/01/2024
IndianRiver

IndianRiver #270826

Price change
$4,190,000
-16.12%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

None

High school district: 

Indian River County Schools

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pnc Bank Na

Loan start date

February 2020

Original loan amount

$200,000

Est. remaining balance

Not provided

Interest rate

3.46%

Loan type

Credit Line (Revolving)

Seller

Godfried Deschouwer and Catherine Willis Deschouwer

Lender

Citibank Na

Loan start date

March 2008

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

5.21%

Loan type

Credit Line (Revolving), 30 year

Seller

Godfried Deschouwer and Catherine Willis Deschouwer

Lender

Space Coast Cu

Loan start date

August 2006

Original loan amount

$200,000

Est. remaining balance

$30,125

Interest rate

6.79%

Loan type

Not Provided, 20 year

Seller

Godfried Deschouwer and Catherine Willis Deschouwer

Lender

Space Coast Cu

Loan start date

February 2005

Original loan amount

$150,000

Est. remaining balance

$0

Interest rate

5.18%

Loan type

Not Provided, 14 year

Seller

Godfried Deschouwer and Catherine Willis Deschouwer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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4750 Highway A1a Unit 6, Vero Beach, FL 32963

Status: Active

Tomo last checked: 12/22/2024 at 11:15 AM

Listing updated: 08/16/2024 at 2:18 PM

Listed by: Elizabeth M Sorensen, Dale Sorensen Real Estate Inc. Phone #: (772) 231-4712

MLS: IndianRiver #280611

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