NOT LISTED FOR SALE

Estimated Value: $3,969,000 - $8,985,465

0 Acre
-- Price per Acre
0 Sq Ft Lot

Last Sold May 26, 2017

Last sale price $2,000,000 $502 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $44,126/month

8 Days on Market

Highlights

  • Home fronts navigable water
  • Intracoastal View
  • Cul-De-Sac
  • Felix A. Williams Elementary School Rated A-

About This Lot

As of May 2017

SOUTH SEWALLS POINT ON THE BLUFF! One of a kind piece of land located in the most premier locations in South Florida. With nearly 1.67 Acres of lush tropical foliage overlooking the St.Lucie River and approx 154' ft of river frontage, this lot is ready for your DREAM HOME! Surrounded by MULTI-MILLION $ homes, DEEP WATER DOCKAGE, and just a few short minutes to the St.Lucie Inlet and sandbar! This lot can be divided into 2 separate parcels if desired with 1 lot on River Rd and the WATERFONT Lot on Mandalay!

Last Agent to Sell the Property

Joseph Sabato

Keller Williams Realty Of The Treasure Coast License #3142347 Listed on: 04/17/2017

Keller Williams Realty Of The Treasure Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $28,203

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Cul-De-Sac
  • East Facing Home
  • Site Plan Filed

Property Views

  • Intracoastal
  • River

Location

  • City Lot

Community Details

  • Sewalls Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1338410040000009040000

Property Details

Property Type

Land

Est. Annual Taxes

$28,203

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: South Sewalls Point Rd to Mandalay, head west to end
  • Special Features: VirtualTour

Exterior Features

  • View: Intercoastal, River
  • Lot Features: Cul-De-Sac, City Lot
  • View: Yes
  • Waterfront Features: Dock Access, Intracoastal Access, Navigable Water, River Front
  • Waterfront: Yes
  • Direction Faces: East

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 1338410040000009040000
  • Development Status: Site Plan Filed
  • Lot Size: 1.67 Acres
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 28203.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2017
Closed on
May 26, 2017
Sold by
Duane Estates Llc
Bought by
Devore Vincent Edward and Devore Wieslawa
Seller's Agent
Joseph Sabato
Keller Williams Realty Of The Treasure Coast
List Price
$2,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$150,000
-6.98%
Current Estimated Value
$7,046,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,046,596
Avg. Annual Appreciation
15.06%

Purchase Details

Closed on
Jan 20, 2005
Sold by
Goelet Michael P and Goelet Hallie M
Bought by
Duane Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1980
Bought by
Duane Estates Llc
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
Devore Vincent Edward $2,000,000 Attorney
Duane Estates Llc $2,950,000 --
Duane Estates Llc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duane Estates Llc $2,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2017 05/26/17 Sold $2,000,000 -7.0% $502 / Sq Ft
04/26/2017 04/26/17 Pending -- -- --
04/17/2017 04/17/17 For Sale $2,150,000 -- $540 / 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 $87,363 $5,557,021 -- --
2024 $33,753 $5,400,410 -- --
2023 $33,753 $1,843,810 $0 $0
2022 $29,958 $1,676,191 $0 $0
2021 $25,960 $1,523,810 $1,523,810 $0
2020 $25,509 $1,523,810 $1,523,810 $0
2019 $30,861 $1,827,800 $1,827,800 $0
2018 $29,466 $1,731,600 $1,731,600 $0
2017 $30,185 $1,827,800 $1,827,800 $0
2016 $28,204 $1,687,200 $1,687,200 $0
2015 $25,293 $1,687,200 $1,687,200 $0
2014 $25,293 $1,598,400 $1,598,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10326418

BeachesMLS (Greater Fort Lauderdale)

APN: 13-38-41-004-000-00090-4