NOT LISTED FOR SALE

Estimated Value: $562,308 - $772,000

2 Beds
2 Baths
1,140 Sq Ft
$573/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $490,000 $430 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,658/month

219 Days on Market

Highlights

  • Beach
  • Boat Ramp
  • Cabana
  • Community Boat Facilities
  • Fitness Center
  • Gated Community

About This Home

As of July 2021

WOW!! WHAT A WONDERFUL PRICE REDUCTION $26,000 WELCOME TO PARADISE~~ WATERFRONT CUSTOM FRAMED STUCCO BEACH HOME~~CANAL PROPERTY WITH A BRAND NEW DOCK~~ 2 DOORS DOWN FROM THE SOUTH WALL OF THE INDIAN RIVER AND WHAT AN INCREDIBLE VIEW! 2 BEDROOM, 2 BATH OPEN FLOOR PLAN , CERAMIC TILE FLOORS, UPDATED KITCHEN, GRANITE COUNTERTOPS , NEWER STAINLESS APPLIANCES, A WONDERFUL LARGE LAUBDRY ROOM WITH EXTRA STORAGE, NEWER A/C UNIT, ALL THE BACK WINDOWS REPLACED WITH IMPACT GLASS, NEWER STANDING SEAM METAL ROOF AND SO MUCH MORE. LOCATED ON NETTLES ISLAND A GUARD GATED RIVER COMMUNITY ACROSS THE STREET FROM THE ATLANTIC OCEAN. NETTLES ISLAND HAS SO MANY FUN THINGS TO DO, 2 HEATED SWIMMING POOLS ONE ON THE OCEAN WITH BEACH ACCESS, TENNIS, PICKLE BALL, HORSE SHOES, LINE DANCING AT THE BEACH CABANA, A LARGE CLUBHOUSE, WORK OUT ROOM, CAFE', GAMES FOR THE ENTIRE FAMILY, LIBRARY, CHURCH SERVICES, OVER 40 DIFFERENT CLUBS AND SO MUCH MORE. COME LIVE THE FLORIDA LIFESTYLE YOU HAVE ALWAYS DREAMED OF.

Last Listed By

Brinda Lee

Hutchinson Island Real Estate License #3205714 Listed on: 11/03/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1993

Lot Details

  • 2,069 Sq Ft Lot

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,140 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Kitchen and Dining Room
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Cabana
  • Canal Access
  • Boat Ramp
  • Deck

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, pool(s), recreation facilities, reserve fund, sewer, security, trash, water
  • Property Manager

Amenities

  • Restaurant
  • Clubhouse
  • Game Room
  • Community Kitchen
  • Billiard Room
  • Community Library

Recreation

  • Community Boat Facilities
  • Beach
  • Community Basketball Court
  • Pickleball Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,407

Year Built

Built in 1993

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Lot Size Acres: 0.0475
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Outdoor Resorts At Nettles Island
  • Year Built: 1993
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Microwave, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Kitchen/Dining Combo, Walk-In Closet(s)
  • Living Area: 1140.0
  • Stories: 1
  • Window Features: Blinds, Storm Window(s)

Exterior Features

  • Construction Type: Frame, Stucco
  • Exterior Features: Deck, Storm/Security Shutters
  • Other Structures: Cabana
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Pool Private: No
  • Roof: Metal
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Beach Access, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Amenities: Bocce Court
  • Association Fee: 262.0
  • Association: Yes
  • Community Features: Basketball Court, Beach, Boat Facilities, Billiard Room, Clubhouse, Fitness Center, Game Room, Kitchen Facilities, Library, Pickleball, Property Manager On-Site, Pool, Restaurant, Trails/Paths, Gated
  • Pets Allowed: Number Limit, Pet Restrictions, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Pool(s), Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4407.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Jul 9, 2021
Sold by
Hansen Fred and Hansen Barbara
Bought by
Garcia Ruben and Garcia Liuva
Seller's Agent
Brinda Lee
Hutchinson Island Real Estate
Buyer's Agent
Frederick Day
Hutchinson Island Real Estate
List Price
$564,700
Sold Price
$490,000
Premium/Discount to List
-$74,700
-13.23%
Total Days on Market
219
Current Estimated Value
$653,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,327
Avg. Annual Appreciation
6.07%
Original Mortgage
$392,000
Outstanding Balance
$361,032
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$254,837

Purchase Details

Listed on
Jan 20, 2017
Closed on
Apr 1, 2017
Bought by
Hansen Fred
Seller's Agent
Frederick Day
Hutchinson Island Real Estate
Buyer's Agent
Brinda Lee
Hutchinson Island Real Estate
List Price
$324,000
Sold Price
$290,000
Premium/Discount to List
-$34,000
-10.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.10%

Purchase Details

Closed on
May 20, 1997
Sold by
Shimp Eric Arden
Bought by
Shimp Jerome Spencer

Purchase Details

Closed on
May 16, 1997
Sold by
Shimp George Jeffrey
Bought by
Shimp Jerome Spencer

Purchase Details

Closed on
May 12, 1997
Sold by
Shimp Ruth H
Bought by
Shimp Jerome Spencer

Purchase Details

Closed on
May 8, 1997
Sold by
Shimp Jerome Spencer
Bought by
Shimp Jerome Spencer

Purchase Details

Closed on
Apr 14, 1997
Sold by
Shimp John Randall
Bought by
Shimp Jerome Spencer

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
Garcia Ruben $490,000 Associated T&E Corp
Hansen Fred $290,000 --
Shimp Jerome Spencer -- --
Shimp Jerome Spencer -- --
Shimp Jerome Spencer -- --
Shimp Jerome Spencer -- --
Shimp Jerome Spencer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Ruben $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $490,000 -13.2% $430 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
11/02/2020 11/02/20 For Sale $564,700 +94.7% $495 / Sq Ft
04/05/2017 04/05/17 Sold $290,000 -10.5% $254 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $324,000 -- $284 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $8,865 $506,700 $330,000 $176,700
2023 $8,865 $504,800 $330,000 $174,800
2022 $7,612 $379,600 $220,000 $159,600
2021 $4,410 $252,486 $0 $0
2020 $4,301 $249,000 $143,000 $106,000
2019 $4,407 $253,500 $146,300 $107,200
2018 $4,164 $250,700 $146,300 $104,400
2017 $4,886 $238,300 $135,300 $103,000
2016 $1,970 $238,100 $135,300 $102,800
2015 $2,002 $223,700 $129,800 $93,900
2014 $1,948 $137,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20026412

Martin County REALTORS® of the Treasure Coast

APN: 45-02-501-1319-0007