NOT LISTED FOR SALE

Estimated Value: $5,958,372 - $6,480,000

5 Beds
7.5 Baths
7,174 Sq Ft
$869/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $3,100,000 $432 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $37,957/month

46 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • In Ground Pool
  • Felix A. Williams Elementary School Rated A-
  • Home fronts navigable water
  • Gated Community

About This Home

As of April 2018

Rare find in sought after Sewall's Point, FL. Gated, Waterfront Luxury Estate on 1.5 acres with 158’ of water frontage. California contemporary meets Coastal Florida Luxury! Deep water dockage with new dock in 2016. Bring your mega yacht! Extensive remodel with over $1 million in upgrades. Sitting 50’ foot on the bluff, you have endless water views and spectacular sunsets. Whole house generator, plus 600 bottle chilled wine room in game room. This home offers 2 offices, guest suite, & a theatre room. Master suite on the first floor, with his & her closets, master bath has been remodeled as well. Enjoy the open & airy living area with panoramic water views from all directions! New kitchen in 2016. Of course, it gets the #kimspearsapproved on the classic white, custom cabinetry. Too many upgrades to list, but truly one of a kind!

Last Agent to Sell the Property

Kimberly Spears

Douglas Elliman License #613962 Listed on: 02/09/2018

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,743

Year Built

  • Built in 1991

Lot Details

  • Home fronts navigable water
  • East Facing Home

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof
  • Stucco

Interior Spaces

  • 7,174 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Entrance Foyer
  • Open Floorplan
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • River Access
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Jensen Beach High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

Recreation

  • Boat Dock

Additional Features

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,743

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Architectural Style: Contemporary, Multi-Level
  • Directions: SE Ocean Blvd to S Sewalls Point Rd. Right on Oakwood Dr. Left on S River. House on right.
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Lot Size: 420.0 ft x 158.0 ft
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Subdivision Name: Hanson Grant Lt 01 Sewalls Point
  • Year Built: 1991
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Decorative
  • Flooring: Carpet, Marble, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Bathtub, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Master Downstairs, Living/Dining Room, Sitting Area in Master, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 7174.0
  • Stories: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Frame, Stucco
  • Direction Faces: East
  • Exterior Features: Lighting, Outdoor Grill, Patio
  • Patio And Porch Features: Covered, Open, Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Metal
  • View: River
  • View: Yes
  • Waterfront Features: Deep Water, Navigable Water, Ocean Access, River Access, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System Owned, Gated Community, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Water Available, Water Connected, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Dock
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Jensen Beach

Lot Info

  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 31743.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2023
Sold by
Creach Lindsay N
Bought by
Creach Bill E
Current Estimated Value
$6,233,343

Purchase Details

Listed on
Feb 9, 2018
Closed on
Apr 25, 2018
Sold by
Rossario Lisa M and Rossario Edward J
Bought by
Creach Bill E and Creach Lindsay N
Seller's Agent
Kimberly Spears
Douglas Elliman
List Price
$3,725,000
Sold Price
$3,100,000
Premium/Discount to List
-$625,000
-16.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%

Purchase Details

Closed on
Dec 29, 2003
Sold by
Benzing E Christopher
Bought by
Rossario Edward J and Rossario Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,120,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 1999
Sold by
Mckee George C and Mckee Jean P
Bought by
Benzing E C

Purchase Details

Closed on
Apr 30, 1999
Sold by
Mckee George C and Mckee Jean P
Bought by
Rossario Edward J and Rossario Lisa M

Purchase Details

Closed on
Feb 27, 1997
Sold by
Allman Roy
Bought by
Mckee George C and Mckee Jean P
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
Creach Bill E $100 Mariner Title
Creach Bill E $3,100,000 Mariner Title Co
Rossario Edward J $2,650,000 --
Benzing E C $1,550,000 --
Rossario Edward J $1,550,000 --
Mckee George C $1,350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rossario Edward J $2,120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $3,100,000 -16.8% $432 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $3,725,000 -- $519 / 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 $64,741 $3,212,674 -- --
2024 $51,941 $3,964,430 $3,964,430 $1,127,540
2023 $51,941 $2,655,103 $0 $0
2022 $43,354 $2,413,730 $0 $0
2021 $37,772 $2,194,300 $1,783,190 $411,110
2020 $36,855 $2,182,840 $1,783,190 $399,650
2019 $39,726 $2,334,220 $1,925,030 $409,190
2018 $33,396 $1,984,290 $0 $0
2017 $31,434 $1,943,477 $0 $0
2016 $31,460 $1,903,504 $0 $0
2015 $29,342 $1,890,272 $0 $0
2014 $29,342 $1,875,270 $1,377,920 $497,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20009874

Martin County REALTORS® of the Treasure Coast

APN: 13-38-41-000-000-00050-6