NOT LISTED FOR SALE

1950 SW Palm City Rd Unit 2-2105 Stuart, FL 34994

Downtown Stuart Neighborhood

Estimated Value: $245,000 - $369,000

2 Beds
2 Baths
1,001 Sq Ft
$447/mo HOA Fee

Last Sold July 15, 2022

Last sale price $360,000 $360 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,178/month

29 Days on Market

Highlights

  • Community Boat Facilities
  • Waterfront
  • Canal Access
  • Active Adult
  • 15.61 Acre Lot
  • Canal View

About This Home

As of July 2022

FIRST FLOOR, beautifully renovated waterfront condo with screened porch overlooking canal. Enjoy the quiet of this condo's location while sipping your morning coffee. This unit comes eclectically furnished with Southwest and Contemporary décor and is move in ready. Tumbled Travertine tiles used in kitchen back splash and bathrooms, and quartz and corian countertops. The walk-in closet in guest bedroom allows washer/dryer installation and the attractive Murphy Bed wall unit provides office/bedroom usage. The washer dryer is right across the hall from this unit and there is an extra storage area for # 105 in w/d room. Accordion shutters on porch give hurricane protection. Covered parking! Complex offers a Yacht and Sailing Club, Clubhouse, Pool, Shuffleboard, Bocci Ball, Grills, Firepits, and is surrounded by the South Fork of the St. Lucie River and its beautiful sunsets. Boat slips can be rented for $1.50 per ft. monthly up to 36 ft. Close to downtown Stuart by land or water!

Last Agent to Sell the Property

Gail Honey

Berkshire Hathaway Florida Realty License #3173275 Listed on: 05/25/2022

Berkshire Hathaway Florida Realty

Last Buyer's Agent

Janice Norman

Water Pointe Realty Group License #3085852

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,213

Year Built

  • Built in 1975

Lot Details

  • 15.61

HOA Fees

  • $447 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,001 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Laminate Flooring
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space

Utilities

  • Cooling Available
  • Heating Available
  • 220 Volts
  • 110 Volts
  • Water Heater
  • Cable TV Available

Additional Features

  • Canal Access
  • Waterfront

Community Details

Overview

  • Active Adult
  • Association fees include common areas, cable TV, insurance, laundry, ground maintenance, parking, pest control, pool(s), recreation facilities, reserve fund, road maintenance, sewer, trash, water
  • Association Phone (772) 287-0990

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Community Storage Space

Recreation

  • Community Boat Facilities
  • Shuffleboard Court
  • Community Pool

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,213

Year Built

Built in 1975

Lot Details

0

HOA Fees

$447 per month

Listing Details

  • Carport Y N: Yes
  • Directions: First entrance to Circle Bay closest to Palm City Bridge, go straight back to second building on right, #2, and middle lower door is 105.
  • Entry Level: 1
  • Lot Size Acres: 15.6091
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Circle Bay Yacht Club Condo 01-03
  • Year Built: 1975
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Other
  • Furnished: Furnished
  • Interior Amenities: Living/Dining Room, Walk-In Closet(s)
  • Living Area: 1001.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: None
  • Exterior Features: Storm/Security Shutters
  • Patio And Porch Features: Porch, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Other
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Amenities: Bocce Court
  • Association Fee: 447.0
  • Phone: 772-287-0990
  • Association: Yes
  • Community Features: Barbecue, Boat Facilities, Billiard Room, Clubhouse, Pool, Sauna, Shuffleboard, Storage Facilities
  • Pets Allowed: No
  • Senior Community: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Laundry, Maintenance Grounds, Parking, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Road Maintenance, Sewer, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1213.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 14, 2022
Sold by
Flint Family Irrevocable Trust
Bought by
Dublin Stephen B
Seller's Agent
Gail Honey
Berkshire Hathaway Florida Realty
Buyer's Agent
Janice Norman
Water Pointe Realty Group
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$286,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$73,441
Avg. Annual Appreciation
-6.42%
Original Mortgage
$150,000
Outstanding Balance
$142,708
Interest Rate
5.09%
Mortgage Type
Balloon
Estimated Equity
$143,851

Purchase Details

Closed on
Dec 22, 2017
Sold by
Faraci Ronald and Faraci Jane
Bought by
Flint William

Purchase Details

Closed on
Mar 27, 2014
Sold by
Faraci Ronald and Faraci Jane
Bought by
Ronald Faraci & Jane Faraci Trust and Faraci Jane

Purchase Details

Closed on
Jul 5, 1995
Sold by
Schirmer Ronald W and Peterson Dorothy L
Bought by
Faraci Jane and Faraci Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
7.79%

Purchase Details

Closed on
May 1, 1979
Bought by
Faraci Ronald and Faraci Jane Co-Tr
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
Dublin Stephen B $360,000 Mccathy Summers Wood Norman Me
Flint William $141,000 Attorney
Ronald Faraci & Jane Faraci Trust -- Attorney
Faraci Jane $55,000 --
Faraci Ronald $52,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dublin Stephen B $150,000
Previous Owner Faraci Jane $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $360,000 -4.0% $360 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $375,000 -- $375 / 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 $2,699 $192,510 -- --
2024 $2,626 $187,085 -- --
2023 $2,626 $181,636 $0 $0
2022 $1,234 $101,013 $0 $0
2021 $1,213 $98,071 $0 $0
2020 $1,196 $96,717 $0 $0
2019 $996 $94,543 $0 $0
2018 $964 $92,780 $0 $0
2017 $2,122 $116,000 $0 $0
2016 $2,094 $106,000 $0 $106,000
2015 -- $95,000 $0 $95,000
2014 -- $91,000 $0 $91,000
Source: Public Records

Agents Affiliated with this Home

  • Gail Honey

    Seller's Agent in 2022

    Gail Honey

    Berkshire Hathaway Florida Realty

    (772) 283-2800

    7 in this area

    37 Total Sales

    Gail Honey
    Section Image

  • J

    Buyer's Agent in 2022

    Janice Norman

    Water Pointe Realty Group

    (772) 485-9505

    18 in this area

    116 Total Sales

    Janice Norman
    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20034601

Martin County REALTORS® of the Treasure Coast

APN: 08-38-41-026-002-21050-8

Florida Martin County Stuart 34994 Downtown Stuart

1950 SW Palm City Rd Unit 2-2105, Stuart, FL

Not Listed for Sale

Condos

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