NOT LISTED FOR SALE

1316 SE Summit Trail Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $709,062 - $780,000

4 Beds
3 Baths
2,415 Sq Ft
$310/Sq Ft Est. Value

Last Sold May 26, 2017

Last sale price $385,000 $159 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,753/month

85 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Room in yard for a pool
  • Martin County High School Rated A-
  • Waterfront
  • Clubhouse

About This Home

As of May 2017

TRULY IMPRESSIVE 2013 COVE LAKES ESTATE HOME LOCATED IN DESIRABLE LEGACY COVE COMMUNITY. BUILT BY DR HORTON IN 2013 WITH MANY UPGRADES. OFFERS CBS CONSTRUCTION, MODERN OPEN TRIPLE SPLIT FLOOR PLAN, 4 BEDROOMS, 3 FULL BATHROOMS, 3 CAR GARAGE, GRANITE COUNTERS, STAINLESS APPLIANCES, CROWN MOLDING, IMPACT WINDOWS, AND HIGH VOLUME CEILINGS THROUGHOUT. SIT OUT BACK ON YOUR LANAI ENJOYING NATURE WITH YOUR OWN PRIVATE LAKE AND PRESERVE VIEWS. THIS PET FRIENDLY HOA INCLUDES HEATED POOL, TENNIS, EXERCISE FACILITY, ACTIVE CLUBHOUSE, LAWN CARE, SECURITY GATE, BASKETBALL COURT, AND MORE. CENTRALLY LOCATED TO I95, FL TURNPIKE, US1, OCEAN AND BEACHES, RIVER, SHOPPING, RESTAURANTS, AND TOP RATED SCHOOLS. COME AND SEE FOR YOURSELF.

Last Agent to Sell the Property

Stefan Dzurkovich

Realty One Group Engage License #3286442 Listed on: 01/21/2017

Last Buyer's Agent

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 2013

Lot Details

  • 9,639 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,415 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Florida or Dining Combination
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 553841560000007400

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, ground maintenance, security
  • Built by D.R. Horton
  • Cove Lakes Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,149

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Cove Rd.(East); Turn Left into Legacy Cove; Left on SE Legacy Cove Circle; Left on SE Conference Circle; Right on SE Summit Trail.
  • Year Built: 2013
  • Architectural Style: Colonial
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Garden Tub/Roman Tub, Main Level Primary, Split Bedrooms, Soaking Tub, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 2415.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Kitchen, Outdoor Living Area, Room For Pool
  • View: Lake
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes
  • Builder Name: D.R. Horton
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: Security System Owned, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 233.33
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Street Lights
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Fitness Center, Pool, Sidewalks, Tennis Court(s), Trail(s)
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Security

Lot Info

  • Parcel #: 553841560000007400
  • Lot Size Acres: 0.22
  • Lot Size: .2213
  • Lot Size Sq Ft: 9583.2
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4149.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2017
Closed on
May 26, 2017
Sold by
Sexton Matthew
Bought by
Surace Francesco and Surace Charlene M
Seller's Agent
Stefan Dzurkovich
Realty One Group Engage
Buyer's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
List Price
$429,900
Sold Price
$385,000
Premium/Discount to List
-$44,900
-10.44%
Current Estimated Value
$751,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,880
Avg. Annual Appreciation
8.02%
Original Mortgage
$346,500
Outstanding Balance
$285,512
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$464,004

Purchase Details

Closed on
Jul 30, 2013
Sold by
D R Horton Inc
Bought by
Sexton Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2012
Sold by
Jawof Legacy Cove Llc
Bought by
Sexton Matthew

Purchase Details

Closed on
Dec 23, 2011
Sold by
Jericho All-Weather Opportunity Fund
Bought by
Sexton Matthew
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
Surace Francesco $385,000 Attorney
Sexton Matthew $349,300 Dhi Title Of Florida Inc
Sexton Matthew $960,000 --
Sexton Matthew $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surace Francesco $346,500
Previous Owner Sexton Matthew $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $385,000 -10.4% $159 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
01/21/2017 01/21/17 For Sale $429,900 -- $178 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $9,869 $607,824 -- --
2024 $9,492 $552,568 -- --
2023 $9,492 $502,335 $0 $0
2022 $7,635 $418,869 $0 $0
2021 $6,995 $380,790 $135,000 $245,790
2020 $6,791 $370,170 $130,000 $240,170
2019 $6,740 $362,730 $120,000 $242,730
2018 $6,092 $330,280 $85,000 $245,280
2017 $5,606 $333,360 $130,000 $203,360
2016 $4,150 $266,104 $0 $0
2015 $3,942 $264,255 $0 $0
2014 $3,942 $262,158 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Stefan Dzurkovich

    Realty One Group Engage

  • Joseph Sabato

    Buyer's Agent in 2017

    Joseph Sabato

    Keller Williams of the Treasure Coast

    (772) 486-7600

    8 in this area

    248 Total Sales

    Joseph Sabato
    Section Image

  • D

    Buyer Co-Listing Agent in 2017

    Daniel Beier

    Keller Williams of the Treasure Coast

    (772) 419-0400

    2 in this area

    8 Total Sales

    Daniel Beier
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10300848

BeachesMLS (Greater Fort Lauderdale)

APN: 55-38-41-560-000-00740-0

Florida Martin County Stuart 34997 South Stuart

1316 SE Summit Trail, Stuart, FL

Not Listed for Sale

Detached

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