NOT LISTED FOR SALE

Estimated Value: $4,900,000 - $8,288,973

4 Beds
7 Baths
8,718 Sq Ft
$785/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $6,000,000 $688 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $45,851/month

39 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Concrete Pool
  • Jensen Beach High School Rated A
  • Gated with Attendant
  • River View

About This Home

As of June 2016

One of the most exclusive waterfront estates towering over the Saint Lucie River offers extensive views of the Northwest & South! Located in prestigious Castle Hill, this stunning 8700sf gated home was meticulously reconstructed in 2006 with impact windows, exquisite chef's kitchen, elevator, separate apartment, home theater & game room, whole house generator, mahogany molding/doors/cabinetry, & imported Italian Breccia marble & granite flooring. The grounds of the 1.7 acre lot offer fountains, playful sta

Last Agent to Sell the Property

Kerry Webster

Berkshire Hathaway Florida Rea License #3272327 Listed on: 04/06/2016

Co-Listed By

Anne Schmidt

Berkshire Hathaway Florida Rea License #3047473

Last Buyer's Agent

Kerry Webster

Berkshire Hathaway Florida Rea License #3272327 Listed on: 04/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,115

Year Built

  • Built in 1995

Lot Details

  • 1.69 Acre Lot
  • Home fronts navigable water
  • River Front
  • Northeast Facing Home

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 8,718 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Marble Flooring
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass

Pool

  • Concrete Pool
  • Pool is Self Cleaning
  • Fence Around Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • Shed

Utilities

  • Central Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 263741015000001806

Community Details

Overview

  • Association fees include common areas
  • Castle Hill Subdivision

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,115

Year Built

Built in 1995

Lot Details

0

HOA Fees

$95 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: E.Ocean Blvd., North on Sewall's Point Rd., Left to Castle Hill community, house on Right on top of hill.
  • Year Built: 1995
  • Architectural Style: Mediterranean
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Living/Dining Room, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble, Other
  • Living Area: 8718.0
  • Dining Room Type: Den, Family Room
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Shed
  • View: River
  • Pool Features: Concrete, Cleaning System, Fenced, Heated, Other, Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Direction Faces: Northeast
  • Other Structures: Shed(s)
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 95.0
  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 263741015000001806
  • Lot Size Sq Ft: 73703.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 47115.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2016
Closed on
Jun 10, 2016
Sold by
Silas Billy R and Silas Kimberly F
Bought by
Sorenson Richard W and Sorenson Sandra L
Seller's Agent
Kerry Webster
Berkshire Hathaway Florida Rea
Buyer's Agent
Kerry Webster
Berkshire Hathaway Florida Rea
List Price
$6,350,000
Sold Price
$6,000,000
Premium/Discount to List
-$350,000
-5.51%
Current Estimated Value
$6,842,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$842,658
Avg. Annual Appreciation
3.22%
Original Mortgage
$42,000,000
Outstanding Balance
$19,131,449
Interest Rate
2.74%
Mortgage Type
New Conventional
Estimated Equity
-$11,077,905

Purchase Details

Closed on
May 12, 2004
Sold by
Woods Steven S and Woods Annette B
Bought by
Silas Billy R and Silas Kimberly F

Purchase Details

Closed on
Jun 10, 1993
Sold by
Castle Hill Assoc Inc
Bought by
Woods Steven S and Woods Annette B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.45%
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 Buyer Sale Price Title Company
Sorenson Richard W $6,000,000 None Available
Silas Billy R $5,100,000 --
Woods Steven S $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woods Steven S $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $6,000,000 -5.5% $688 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $6,350,000 -- $728 / Sq Ft
Source: BeachesMLS

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
2025 $113,739 $6,906,128 -- --
2024 $111,679 $6,278,299 -- --
2023 $111,679 $5,707,545 $0 $0
2022 $97,613 $5,188,678 $0 $0
2021 $80,749 $4,716,980 $1,969,110 $2,747,870
2020 $28,412 $4,774,280 $1,969,110 $2,805,170
2019 $81,511 $4,809,080 $1,969,110 $2,839,970
2018 $83,318 $4,878,120 $1,969,110 $2,909,010
2017 $78,797 $4,771,380 $2,356,200 $2,415,180
2016 $47,326 $2,852,662 $0 $0
2015 $43,921 $2,818,930 $0 $0
2014 $43,921 $2,796,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10223274

BeachesMLS

APN: 26-37-41-015-000-00180-6