NOT LISTED FOR SALE

Estimated Value: $3,559,000 - $7,929,722

1.9 Acres
$3,486,543 Price per Acre
82,764 Sq Ft Lot

Last Sold March 17, 2020

Last sale price $1,750,000

Est. 279% increase in value since last sale

Current estimated payment $42,207/month

383 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a seawall
  • No HOA
  • Felix A. Williams Elementary School Rated A-
  • River View
  • Landscaped with Trees

About This Lot

As of March 2020

When the first settlers came to the area the best sites were taken first and this one is no exception. The original 1900's home has been removed leaving an incredible estate property in South Sewall's Point. Spectacular sunset views from every vantage point are experienced because the property is 25+ feet above Sea Level, and sits on the bend in the river. The land consists of 1.9 Acres w/171ft of River Frontage & water to accommodate a 100+ft Mega Yacht. Massive 100+ year old oak trees & native Palms are on site as well. The adjacent parcel is also for sale and together would create 3.3 acres & 322wf. Sewall's Point is a prestigious South Florida peninsula town; highlighted by picturesque waterfront views of the St. Lucie River to the west & the Intracoastal Waterway to the East.

Last Agent to Sell the Property

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 02/14/2019

Waterfront Properties Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,868

Lot Details

  • Home fronts a seawall
  • Home fronts navigable water
  • East Facing Home
  • Landscaped with Trees
  • Natural Drainage

Property Views

  • River Views

Schools

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

Utilities

  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Property has ocean access
  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$28,868

Lot Details

0

Listing Details

  • Directions: Ocean Blvd East; Turn Right on Sewalls Point Road, Turn right on Palm Road, Turn Right on South River Road. Turn Left into the property.
  • Lot Size: 171wfx693x134x560
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Subdivision Name: HANSON GRANT LOT 01 SEWALLS POINT STUART
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Exterior Features

  • Direction Faces: East
  • Lot Features: Drainage, Trees
  • View: River
  • View: Yes
  • Waterfront Features: Navigable Water, No Fixed Bridges, Ocean Access, River Access, Seawall
  • Waterfront: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, None, Phone Available, Sewer Available, Septic Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Development Status: Other
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28868.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2019
Closed on
Mar 19, 2020
Sold by
Yu Frances S and The U Trust Dated August 16 Dated August 16 2
Bought by
Tedder Eric and Tedder Jocelyn
Seller's Agent
Adam Brown
Waterfront Properties Inc
List Price
$1,950,000
Sold Price
$1,750,000
Premium/Discount to List
-$200,000
-10.26%
Current Estimated Value
$6,624,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,874,431
Avg. Annual Appreciation
26.00%

Purchase Details

Closed on
Oct 11, 2004
Sold by
Ax James and Yu Frances S
Bought by
Yu Frances S

Purchase Details

Closed on
Apr 27, 2001
Sold by
Bosses Mark D and Bosses Brenda M
Bought by
Yu Frances S

Purchase Details

Closed on
Jan 24, 2000
Sold by
Wayne R Kremser Sr Tr and Joan Kremser Tr
Bought by
Bosses Mark D and Bosses Brenda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Tedder Eric -- None Available
Yu Frances S -- --
Yu Frances S $2,200,000 --
Bosses Mark D $2,000,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2020 03/17/20 Sold $1,750,000 0.0% -- View Prior Sale
03/17/2020 03/17/20 Sold $1,750,000 -10.3% --
02/16/2020 02/16/20 Pending -- -- --
02/16/2020 02/16/20 Pending -- -- --
02/11/2019 02/11/19 For Sale $1,950,000 0.0% --
01/29/2019 01/29/19 For Sale $1,950,000 -- --
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 $89,983 $5,695,010 -- --
2024 $90,819 $5,534,510 $5,534,510 $3,077,510
2023 $90,819 $5,566,780 $5,566,780 $3,109,780
2022 $27,327 $1,528,956 $0 $0
2021 $23,680 $1,389,960 $1,389,960 $0
2020 $23,268 $1,389,960 $1,389,960 $0
2019 $28,150 $1,667,250 $1,667,250 $0
2018 $28,868 $1,696,500 $1,696,500 $0
2017 $28,651 $1,790,750 $1,790,750 $0
2016 $28,783 $1,721,880 $1,721,880 $0
2015 $25,813 $1,721,880 $1,721,880 $0
2014 $25,813 $1,631,250 $1,631,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20016355

Martin County REALTORS® of the Treasure Coast

APN: 13-38-41-000-000-00020-3