NOT LISTED FOR SALE

Estimated Value: $560,000 - $796,000

2 Beds
2 Baths
1,512 Sq Ft
$516/ mo HOA Fee

Last Sold September 06, 2019

Last sale price $490,000 $324 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,531/month

34 Days on Market

Highlights

  • Lake Front
  • Beach
  • Furnished
  • Felix A. Williams Elementary School Rated A-
  • Built in 1989 | Newly Remodeled
  • Screened Porch

About This Home

As of September 2019

"Perfection With A View" at Indian River Plantation: Come see Riverbend 5205, a spacious 1,500 sq/ft 2BR, 2 bath condo with wide, bright, sunny views out over the lakes and golf course at the Ocean Club at Indian River Plantation. This exquisite design is a product of the Howard Design Centre in Stuart, and is a masterful combination of the finest products, surfaces, furnishings, craftsmanship, and pure Island Imagination. The sought-after Riverbend complex offers covered parking and extra storage on the ground floor, elevator, and central pool/spa/picnic complex. This unit has complete impact glass, combined balcony into A/C living area - and all new everything, including the latest electronics and remote control sunshades, custom cedar ceilings and sold fully furnished. Look closely at the photos - better yet, come and see Riverbend 5205. You will surely be impressed.

Last Agent to Sell the Property

Jerome McWilliams

Water Pointe Realty Group License #344366 Listed on: 07/04/2019

Last Buyer's Agent

Jerome McWilliams

Water Pointe Realty Group License #344366 Listed on: 07/04/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,078

Year Built

  • Built in 1989 | Newly Remodeled

Lot Details

  • Property fronts a county road

HOA Fees

  • $516 Monthly HOA Fees

Property Views

Home Design

  • Entry on the 3rd floor
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,512 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Awning
  • Screened Porch
  • Ceramic Tile Flooring
  • Closed Circuit Camera

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Parking

  • 1 Covered Space
  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, electricity, insurance, legal/accounting, ground maintenance, maintenance structure, parking, pest control, pool(s), reserve fund, road maintenance, sewer, trash, water
  • 18 Units
  • Club Membership Available

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,078

Year Built

Built in 1989 | Newly Remodeled

Lot Details

4.83 Acres

HOA Fees

$516 per month

Listing Details

  • Entry Level: 3
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 3
  • Subdivision Name: Riverbend At Irp Condo
  • Year Built: 1989
  • Year Built Details: New
  • Ownership: Fee Simple
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Furnished: Furnished
  • Interior Amenities: Bathtub, Dual Sinks, Separate Shower, Walk-In Closet(s)
  • Living Area: 1512.0
  • Stories: 3
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Awning(s), Balcony
  • Patio And Porch Features: Balcony, Covered, Screened
  • Pool Private: No
  • Property Condition: New Construction
  • Roof: Metal
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake, Beach Access
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Guest
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Security: Closed Circuit Camera(s), Fire Sprinkler System

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 516.0
  • Association: Yes
  • Community Features: Barbecue, Beach, Club Membership Available
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Electricity, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Parking, Pest Control, Pool(s), Reserve Fund, Road Maintenance, Sewer, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 4078.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2025
Sold by
Collins Stephen L
Bought by
Collins Stephen L and Collins Family Trust
Current Estimated Value
$644,276

Purchase Details

Listed on
Jul 4, 2019
Closed on
Aug 28, 2019
Sold by
Perpetual Motion Management Llc
Bought by
Collins Stephen L
Seller's Agent
Jerome McWilliams
Water Pointe Realty Group
Buyer's Agent
Jerome McWilliams
Water Pointe Realty Group
List Price
$499,500
Sold Price
$490,000
Premium/Discount to List
-$9,500
-1.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$367,500
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 4, 2016
Closed on
May 12, 2016
Sold by
Vermeulebn Robert A and Vermeulebn Robert A
Bought by
Perpetual Motion Management Llc
Seller's Agent
Jerome McWilliams
Water Pointe Realty Group
Buyer's Agent
Jerome McWilliams
Water Pointe Realty Group
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.07%

Purchase Details

Closed on
Dec 20, 2005
Sold by
Vermeulen Shelia R
Bought by
Vermeulen Robert A

Purchase Details

Closed on
Nov 12, 2004
Sold by
Braus Juergen and Braus Barbara
Bought by
Vermuelen Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1993
Bought by
Perpetual Motion Management Llc
Source: Public Records
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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
Collins Stephen L $100 None Listed On Document
Collins Family Trust $100 None Listed On Document
Collins Stephen L $490,000 Ally Parker Brown Ttl Ins Co
Perpetual Motion Management Llc $240,000 Ally Parker Brown Title Ins
Vermeulen Robert A -- None Available
Vermuelen Robert A $450,000 Title Guaranty & Tr Co Inc
Perpetual Motion Management Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Collins Stephen L $367,500
Previous Owner Vermuelen Robert A $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/06/2019 09/06/19 Sold $490,000 -1.9% $324 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/04/2019 07/04/19 For Sale $499,500 +108.1% $330 / Sq Ft
05/16/2016 05/16/16 Sold $240,000 -4.0% $176 / Sq Ft View Prior Sale
05/01/2016 05/01/16 For Sale $250,000 -- $183 / 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 $7,957 $475,099 -- --
2024 $7,447 $431,909 -- --
2023 $7,447 $392,645 $0 $0
2022 $6,380 $356,950 $0 $0
2021 $5,767 $324,500 $0 $0
2020 $5,216 $295,000 $0 $0
2019 $4,475 $240,000 $0 $0
2018 $4,078 $219,000 $0 $0
2017 $3,758 $219,000 $0 $0
2016 $3,957 $219,000 $0 $219,000
2015 $3,499 $219,000 $0 $219,000
2014 $3,499 $200,000 $0 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20018744

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-070-005-52050-3

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