NOT LISTED FOR SALE

1245 NE Doubloon Dr Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $2,111,854

0.94 Acre
$2,246,653 Price per Acre
40,946 Sq Ft Lot

Last Sold November 19, 2012

Last sale price $725,000 $18 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $13,528/month

296 Days on Market

Highlights

  • Ocean Front
  • 0.94 Acre Lot
  • Cul-De-Sac
  • Felix A. Williams Elementary School Rated A-

About This Lot

As of November 2012

ONE OF THE ONLY LOTS THAT ALLOWS YOU TO BRING YOUR OWN BUILDER OR HOLD FOR INVESTMENT. Galleon Bay is an exclusive community on the pristine Atlantic Ocean that captures the elegance of Florida's grand style that prevailed in the 20's and 30's. Close to shopping, restaurants and historic downtown Stuart. Overlooking the sparkling blue ocean and miles of sandy beaches, all of these home sites enjoy a minimum of 100 feet of ocean frontage and approximately one acre of land as well as easy access to the Sewall's Point Bridge and Stuart beyond. It's not hard to visualize a grand estate and when complete, this enclave will consist of only 16 homes. All sizes, taxes, HOA approximate.

Last Agent to Sell the Property

Adam Brown

Waterfront Properties Inc Brokerage Phone: 772-287-7676 License #547076 Listed on: 12/29/2011

Waterfront Properties Inc

Last Buyer's Agent

Adam Brown

Waterfront Properties Inc Brokerage Phone: 772-287-7676 License #547076 Listed on: 12/29/2011

Waterfront Properties Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,533

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 108x435x84x446
  • Ocean Front
  • Property fronts a county road
  • Cul-De-Sac
  • West Facing Home

HOA Fees

  • $453 Monthly HOA Fees

Interior Spaces

  • 41,251 Sq Ft Home
  • Ocean Views

Schools

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

Utilities

  • Underground Utilities

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Association fees include common areas, security

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$9,533

Lot Details

0

HOA Fees

$453 per month

Listing Details

  • Directions: East Ocean Blvd onto Hutchinson Island, Right into Galleon Bay. Gate access required
  • Lot Size Acres: 0.94
  • Lot Size: 108x435x84x446
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: GALLEON BAY STUART HUTCHINSON ISLAND
  • Ownership: Fee Simple
  • Attribution Contact: 772-287-7676
  • OriginatingSystemListAgentMemberKey: 51429035
  • ListAgentNationalAssociationId: 279060400
  • Special Features: None

Interior Features

  • Living Area: 41251.0

Exterior Features

  • Direction Faces: West
  • Lot Features: Cul-De-Sac
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Utilities

  • Utilities: Sewer Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Association Fee: 453.33

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

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

Lot Info

  • Development Status: Other
  • Zoning Description: R-1

Tax Info

  • Tax Annual Amount: 9533.06
  • Tax Lot: 2
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2011
Closed on
Oct 18, 2012
Sold by
Frisoli Scott B
Bought by
Samadder Gautam K and Samadder Anjana
Seller's Agent
Adam Brown
Waterfront Properties Inc
Buyer's Agent
Adam Brown
Waterfront Properties Inc
List Price
$850,000
Sold Price
$725,000
Premium/Discount to List
-$125,000
-14.71%
Current Estimated Value
$2,111,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,386,854
Avg. Annual Appreciation
8.44%
Original Mortgage
$543,750
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Frick William G
Bought by
Frisoli Scott B

Purchase Details

Closed on
Jun 20, 2008
Sold by
Frick William G
Bought by
Frick William G and Frick Karen J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Samadder Gautam K $725,000 Assured Title Agency
Frisoli Scott B $500,000 Attorney
Frick William G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Samadder Gautam K $543,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2012 11/19/12 Sold $725,000 -14.7% $18 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
12/29/2011 12/29/11 For Sale $850,000 -- $21 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $22,415 $1,163,592 -- --
2024 $20,923 $1,057,811 -- --
2023 $20,923 $961,647 $0 $0
2022 $17,422 $874,225 $0 $0
2021 $16,524 $794,750 $0 $0
2020 $12,775 $722,500 $722,500 $0
2019 $12,938 $722,500 $722,500 $0
2018 $12,870 $722,500 $722,500 $0
2017 $12,399 $722,500 $722,500 $0
2016 $12,388 $760,000 $760,000 $0
2015 $9,489 $688,750 $688,750 $0
2014 $9,489 $570,000 $570,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Adam Brown

    Seller's Agent in 2012

    Adam Brown

    Waterfront Properties Inc

    (772) 403-2408

    9 in this area

    81 Total Sales

    Adam Brown
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M361544

Martin County REALTORS® of the Treasure Coast

APN: 30-37-42-015-000-00020-0

Florida Martin County Stuart 34996 South Hutchinson Island

1245 NE Doubloon Dr, Stuart, FL

Not Listed for Sale

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