NOT LISTED FOR SALE

256 SW Cabana Point Cir Stuart, FL 34994

Willoughby Neighborhood

Estimated Value: $657,007 - $1,012,000

3 Beds
2 Baths
1,745 Sq Ft
$477/Sq Ft Est. Value

Last Sold October 18, 2012

Last sale price $255,000 $146 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $5,008/month

284 Days on Market

Highlights

  • Boat Dock
  • Boat Ramp
  • River View
  • Martin County High School Rated A-
  • RV Access or Parking
  • Waterfront

About This Home

As of October 2012

MUST SEE! SOLID CBS WATERFRONT HOME WITH STATE OF THE ART UPGRADES INCLUDING GOURMET KITCHEN WITH GRANITE COUNTERTOPS, STAINLESS APPLIANCES, GAS RANGE, AND TILE FLOORS. THIS "BOATER'S PARADISE" HAS A 40' DOCK AND A COMMUNITY BOAT RAMP WITH NO HOA DUES OR RESTRICTIONS. ENJOY SUNSET VIEWS WHILE FISHING FROM THE TROPICALLY LANDSCAPED BACKYARD. LOCATED IN CABANA POINT ONLY MINUTES FROM DOWNTOWN STUART AND I-95. GREAT OPPORTUNITY TO PURCHASE AFFORDABLE WATERFRONT PROPERTY AND A MOVE-IN CONDITION HOME. OWNER IS A LICENSED REAL ESTATE AGENT.

Last Agent to Sell the Property

Dutcher Teague Taylor

Berkshire Hathaway Florida Realty License #3078842 Listed on: 12/15/2011

Berkshire Hathaway Florida Realty

Last Buyer's Agent

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 1968

Lot Details

  • Waterfront
  • Property fronts a private road
  • South Facing Home
  • Fenced
  • Fruit Trees

Property Views

  • River
  • Canal

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,745 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking
  • 1 to 5 Parking Spaces

Outdoor Features

  • Canal Access
  • Boat Ramp
  • Shed

Schools

  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,745

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: KANNER HWY SOUTH OF MONTEREY TO RIGHT ON CABANA CIRCLE
  • Garage Yn: Yes
  • Lot Size: 80x125 (8,363 sq ft)
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: CABANA POINT
  • Year Built: 1968
  • Ownership: Fee Simple
  • Special Features: 4108

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Microwave, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Terrazzo
  • Interior Amenities: Eat-in Kitchen
  • Living Area: 1745.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Home Warranty, Owner Is Listing Agent, Seller Disclosure
  • Exterior Features: Fence, Fruit Trees, Shed, Storm/Security Shutters
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Composition, Shingle
  • View: Canal, River
  • View: Yes
  • Waterfront Features: Canal Access, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Boat, Garage, RV Access/Parking, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Community Features: Dock
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Schools

  • High School: Martin County

Lot Info

  • Zoning Description: R-2C (SNG FAM)
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2745.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2011
Closed on
Oct 18, 2012
Sold by
Palenchar Steve and Palenchar Maria C
Bought by
Alvarez Rafael J and Alvarez Natalie M
Seller's Agent
Dutcher Teague Taylor
Berkshire Hathaway Florida Realty
Buyer's Agent
NON MEMBER
List Price
$349,900
Sold Price
$255,000
Premium/Discount to List
-$94,900
-27.12%
Current Estimated Value
$832,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,502
Avg. Annual Appreciation
8.52%
Original Mortgage
$25,474
Interest Rate
3.53%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 26, 2007
Sold by
Palenchar Steve and Palenchar Maria C
Bought by
Palenchar Steve and Palenchar Maria C

Purchase Details

Closed on
Jun 8, 2006
Sold by
Palenchar Steve and Palenchar Maria C
Bought by
Palenchar Steve and Palenchar Maria C

Purchase Details

Closed on
Feb 13, 2001
Sold by
Levick Patricia G Trust C
Bought by
Palenchar Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,250
Interest Rate
7.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 1993
Sold by
Levick Patricia G
Bought by
Grimes Levick Patricia
Source: Public Records

Range of Values:

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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
Alvarez Rafael J $255,000 Attorney
Palenchar Steve -- Attorney
Palenchar Steve -- Attorney
Palenchar Steve $74,600 Attorney
Palenchar Steve $171,000 --
Grimes Levick Patricia $770,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Rafael J $215,000
Closed Alvarez Rafael J $25,474
Closed Alvarez Rafael J $204,000
Previous Owner Palenchar Steve $332,000
Previous Owner Palenchar Steve $180,000
Previous Owner Grimes Levick Patricia $160,000
Previous Owner Grimes Levick Patricia $128,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2012 10/18/12 Sold $255,000 -27.1% $146 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
12/09/2011 12/09/11 For Sale $349,900 -- $201 / 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
2024 $4,449 $290,664 -- --
2023 $4,449 $282,199 $0 $0
2022 $4,290 $273,980 $0 $0
2021 $4,294 $266,000 $0 $0
2020 $4,191 $262,328 $0 $0
2019 $4,138 $256,431 $0 $0
2018 $4,011 $251,650 $0 $0
2017 $3,468 $246,474 $0 $0
2016 $3,730 $241,405 $0 $0
2015 $3,442 $239,725 $0 $0
2014 $3,442 $231,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M361356

Martin County REALTORS® of the Treasure Coast

APN: 16-38-41-004-000-00050-5