NOT LISTED FOR SALE

2601 NE Sabal Palm Way Jensen Beach, FL 34957

Estimated Value: $1,237,000 - $1,727,000

6 Beds
5 Baths
5,071 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $675,000 $133 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,920/month

84 Days on Market

Highlights

  • Water Views
  • Media Room
  • Vaulted Ceiling
  • Jensen Beach High School Rated A
  • Gunite Pool
  • Wood Flooring

About This Home

As of July 2019

Presenting that STUNNING six bedroom family home on a HUGE lot which you have been searching high and low for!! Enter this magnificent key west style pool home and immediately feel at home by the home's elegance & grandeur! Located in the highly sought after, kid-friendly community of The Landings at Sewall's Point, this beauty is nestled at the end of a cul-de-sac on one of the largest lots in the community (over half an acre!) Lushly landscaped and positioned perfectly on the massive lot, this home will have you entertaining guests and enjoying family gatherings for years to come!

Last Agent to Sell the Property

Holly Meyer Lucas

Compass Florida, LLC (Jupiter) License #3321238 Listed on: 04/02/2019

Compass Florida, LLC (Jupiter)

Co-Listed By

Tara Fontana-Goldstein

William Raveis Florida, LLC License #3373306

Last Buyer's Agent

Holly Meyer Lucas

Compass Florida, LLC (Jupiter) License #3321238 Listed on: 04/02/2019

Compass Florida, LLC (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,859

Year Built

  • Built in 1999

Lot Details

  • Fenced
  • Property is zoned Rs-3

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 5,071 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Plantation Shutters
  • Family Room
  • Media Room
  • Den
  • Loft
  • Screened Porch
  • Water Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Automatic Pool Chlorinator
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Sewalls Landing 01 & 02 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 263741014000003100

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,859

Year Built

Built in 1999

Lot Details

0

HOA Fees

$175 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Indian River Drive South to North Sewall's Point road. Landings at Sewall's Point entrance, last cul-de-sac on the right.
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Eat-in Kitchen, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s), Attic, Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Ceramic Tile, Wood
  • Living Area: 5071.0
  • Dining Room Type: Attic, Den, Family Room, Laundry, Loft, Media Room
  • Stories: 2
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Fence, Porch, Patio
  • View: Other, Water
  • Pool Features: Automatic Chlorination, Gunite, Heated, Other, Pool Equipment, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175.0
  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 263741014000003100
  • Lot Size: 1/2 to < 1 Acre,East of
  • Zoning Description: Rs-3

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9859.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2019
Closed on
Jul 25, 2019
Sold by
Phillis Clayton and Phillis Vicki
Bought by
Mccarthy Cathy Lorraine and Mccarthy Kevin Scott
Seller's Agent
Holly Meyer Lucas
Compass Florida, LLC (Jupiter)
Buyer's Agent
Holly Meyer Lucas
Compass Florida, LLC (Jupiter)
List Price
$745,000
Sold Price
$675,000
Premium/Discount to List
-$70,000
-9.4%
Current Estimated Value
$1,470,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$795,620
Avg. Annual Appreciation
13.07%
Original Mortgage
$405,000
Outstanding Balance
$350,962
Interest Rate
3.41%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,119,658

Purchase Details

Listed on
Apr 6, 2012
Closed on
May 22, 2013
Sold by
Ritter John E and Ritter Ann L
Bought by
Phillis Clayton and Phillis Vicki
Seller's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
List Price
$699,999
Sold Price
$550,000
Premium/Discount to List
-$149,999
-21.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$400,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2002
Sold by
Reich Andrew A and Reich Joy R
Bought by
Ritter John E and Ritter Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$428,000
Interest Rate
5.37%

Purchase Details

Closed on
Apr 23, 1997
Sold by
Sanctuary Ventures Llc
Bought by
Reich Andrew A and Reich Joy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,800
Interest Rate
7.85%
Mortgage Type
New Conventional
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
Mccarthy Cathy Lorraine $675,000 Attorney
Phillis Clayton $550,000 Advantage Title Of The Treas
Ritter John E $535,000 --
Reich Andrew A $42,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Cathy Lorraine $405,000
Previous Owner Phillis Clayton $400,000
Previous Owner Ritter John E $428,000
Previous Owner Reich Andrew A $33,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2019 07/25/19 Sold $675,000 -9.4% $133 / Sq Ft
06/25/2019 06/25/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $745,000 +35.5% $147 / Sq Ft
05/22/2013 05/22/13 Sold $550,000 -21.4% $108 / Sq Ft View Prior Sale
04/22/2013 04/22/13 Pending -- -- --
04/06/2012 04/06/12 For Sale $699,999 -- $138 / Sq Ft
Source: BeachesMLS

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 $12,007 $766,503 -- --
2024 $11,804 $744,901 -- --
2023 $11,804 $723,205 $0 $0
2022 $11,416 $702,141 $0 $0
2021 $11,489 $681,691 $0 $0
2020 $11,346 $672,280 $180,000 $492,280
2019 $12,320 $678,870 $180,000 $498,870
2018 $9,859 $583,383 $0 $0
2017 $8,974 $571,383 $0 $0
2016 $9,139 $559,631 $0 $0
2015 $8,689 $555,741 $0 $0
2014 $8,689 $551,330 $139,500 $411,830
Source: Public Records

Agents Affiliated with this Home

  • Holly Meyer Lucas

    Seller's Agent in 2019

    Holly Meyer Lucas

    Compass Florida, LLC (Jupiter)

    (561) 406-5228

    2 in this area

    493 Total Sales

    Holly Meyer Lucas
    Section Image
  • Tara Fontana-Goldstein

    Seller Co-Listing Agent in 2019

    Tara Fontana-Goldstein

    William Raveis Florida, LLC

    (561) 951-5757

    1 in this area

    144 Total Sales

    Tara Fontana-Goldstein
    Section Image
  • Stephen Dutcher

    Seller's Agent in 2013

    Stephen Dutcher

    Illustrated Properties/Sewalls

    (772) 419-0340

    11 in this area

    152 Total Sales

    Stephen Dutcher
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10518040

BeachesMLS

APN: 26-37-41-014-000-00310-0

Florida Martin County Jensen Beach 34957

2601 NE Sabal Palm Way, Jensen Beach, FL

Not Listed for Sale

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