NOT LISTED FOR SALE

Estimated Value: $4,456,000 - $4,635,580

4 Beds
4 Baths
5,374 Sq Ft
$843/Sq Ft Est. Value

Last Sold July 12, 2016

Last sale price $1,965,000 $366 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $28,018/month

305 Days on Market

Highlights

  • Ocean Front
  • Concrete Pool
  • Screened Porch
  • Jensen Beach High School Rated A
  • Marble Flooring
  • Formal Dining Room

About This Home

As of July 2016

This exquisite 4 bedroom ocean front home is situated in the private gated community of Galleon Bay. Everything is impeccable in this luxury remodeled interior with a contemporary flair. As you enter the foyer you are drawn to the ocean views. The formal living room boasts beautiful wood coiffured ceilings with dark wood floors with fireplace. This true gourmet kitchen opens to the spacious family room with fantastic ocean views. Large outdoor terrace open to the pool and spa overlooking the ocean. An interior elevator accesses to all floors. Lots of air conditioned storage on the ground level off the garage and a generator too!

Last Agent to Sell the Property

Stephen Dutcher

Illustrated Properties LLC / S License #393825 Listed on: 08/13/2015

Illustrated Properties LLC / S

Last Buyer's Agent

Joyce Axelrod

Keller Williams of the Treasure Coast License #3285608

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,269

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 109x442x104x431
  • Ocean Front

HOA Fees

  • $458 Monthly HOA Fees

Home Design

  • Flat Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 5,374 Sq Ft Home
  • Elevator
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Property has ocean access

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Central Heating and Cooling System
  • Power Generator

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,269

Year Built

Built in 1992

Lot Details

0

HOA Fees

$458 per month

Listing Details

  • Directions: A1A to Galleon Bay on Oceanside
  • Garage Yn: Yes
  • Lot Size: 109x442x104x431
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: GALLEON BAY
  • Year Built: 1992
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Separate/Formal Dining Room, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Fireplace, Pantry, Walk-In Closet(s)
  • Living Area: 5374.0
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Storm/Security Shutters
  • Patio And Porch Features: Porch, Screened
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • Roof: Flat Tile
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Electric: Generator
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Utilities: Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 458.33
  • Association: Yes
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Felix A Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 27269.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2015
Closed on
Jul 2, 2016
Sold by
Shaw Howard L and Shaw Jan
Bought by
Richman Janet and Richman Barry
Seller's Agent
Stephen Dutcher
Illustrated Properties LLC / S
Buyer's Agent
Joyce Axelrod
Keller Williams of the Treasure Coast
List Price
$3,000,000
Sold Price
$1,965,000
Premium/Discount to List
-$1,035,000
-34.5%
Current Estimated Value
$4,533,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,568,932
Avg. Annual Appreciation
8.94%

Purchase Details

Closed on
Apr 14, 1999
Sold by
Jones Associates Ltd
Bought by
Shaw Howard L and Shaw Jan

Purchase Details

Closed on
May 20, 1998
Sold by
Meldgaard Richard and Meldgaard Sue
Bought by
Jones Associates Ltd

Purchase Details

Closed on
May 26, 1994
Sold by
Jones Assoc
Bought by
Meldgaard Richard and Meldgaard Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
8.24%
Source: Public Records

Range of Values:

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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
Richman Janet $1,965,000 Florida Title & Guarantee Ag
Shaw Howard L $1,220,000 --
Jones Associates Ltd $852,800 --
Meldgaard Richard $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meldgaard Richard $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2016 07/12/16 Sold $1,965,000 -34.5% $366 / Sq Ft
06/12/2016 06/12/16 Pending -- -- --
08/12/2015 08/12/15 For Sale $3,000,000 -- $558 / 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
2025 $32,826 $2,048,280 -- --
2024 $32,358 $1,990,554 -- --
2023 $32,358 $1,932,577 $0 $0
2022 $31,374 $1,876,289 $0 $0
2021 $31,671 $1,821,640 $0 $0
2020 $31,357 $1,796,490 $1,100,000 $696,490
2019 $31,410 $1,777,260 $1,100,000 $677,260
2018 $31,681 $1,801,510 $1,100,000 $701,510
2017 $30,965 $1,844,770 $1,100,000 $744,770
2016 $33,378 $1,916,110 $1,050,000 $866,110
2015 $26,178 $1,607,739 $0 $0
2014 $26,178 $1,594,980 $730,000 $864,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M383569

Martin County REALTORS® of the Treasure Coast

APN: 30-37-42-015-000-00070-9