NOT LISTED FOR SALE

262 SE Monterey Ave Stuart, FL 34996

Downtown Stuart Neighborhood

Estimated Value: $446,510 - $535,000

3 Beds
1 Bath
1,001 Sq Ft
$486/Sq Ft Est. Value

Last Sold June 22, 2022

Last sale price $433,500 $433 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,259/month

About This Home

As of June 2022

FULLY FURNISHED and adorable 3 BR “Monterey Haven” rental in great location minutes from everything. Be at the beach or downtown in just 7 minutes. Adjacent to Snug Harbor, this cute 3/1 is all freshened up with first-class furnishings (even dishes, new pillows and linens, TVs in each bedroom, a hot tub, fire pit and tranquil setting, especially the back yard. Ideal for remote workers wanting to live in paradise. Carport with extra parking available for small RV or up to a 17’ boat/trailer. Lawn service included as are two bicycles. Explore historical downtown w/great restaurants and shops, boardwalk along the water, and the Sunday Farmer's Market. Just a short drive or bike ride to the beaches, the Elliott Museum, Oceanographic Studies Center. Just two hours to Disney or head south to Palm Beach, Fort Lauderdale or Miami. $3,250/mo for off-season rental, $5,500/mo for seasonal (Nov. 9 - April 10). Contact Martin Drummond for details. 772-236-6006 or lightsource3@earthlink.net

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2022
Closed on
Jun 22, 2022
Sold by
Masemer Living Trust
Bought by
Drummond Martin and Drummond Lori
Seller's Agent
Mary Feistel
Illustrated Properties LLC (Jupiter)
List Price
$499,999
Sold Price
$433,500
Premium/Discount to List
-$66,499
-13.3%
Current Estimated Value
$486,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,378
Avg. Annual Appreciation
5.40%
Original Mortgage
$303,450
Outstanding Balance
$291,228
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$216,042

Purchase Details

Closed on
Apr 12, 2021
Sold by
Masemer Dwayne and Masemer Alice
Bought by
Masemer Dwayne H and Masemer Sarah Alice

Purchase Details

Closed on
May 11, 2017
Sold by
Hilton Susanne Gatchell
Bought by
Masemer Harold D and Masemer Alice B

Purchase Details

Closed on
Oct 17, 2014
Sold by
Hilton Susanne Gatchell
Bought by
Hilton Susanne Gatchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Hilton Susanne G
Bought by
Hilton Susanne Gatchell and Susanne Gatchell Hilton Revocable Trust

Purchase Details

Closed on
Jul 18, 2003
Sold by
Johnson Aaron M and Johnson Dolores H
Bought by
Hilton Susanne G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.16%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Drummond Martin $433,500 Law Offices Of Bonnie A Brown
Masemer Dwayne H -- Accommodation
Masemer Harold D $210,000 The Title Network Inc
Hilton Susanne Gatchell -- First American Title Ins Co
Hilton Susanne Gatchell -- --
Hilton Susanne G $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Martin $303,450
Previous Owner Hilton Susanne Gatchell $120,000
Previous Owner Hilton Susanne Gatchell $90,000
Previous Owner Hilton Susanne G $72,000
Previous Owner Johnson Aaron M $50,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Rented $3,600 +10.8% --
04/05/2023 04/05/23 Price Changed $3,250 -7.1% $3 / Sq Ft
02/21/2023 02/21/23 Price Changed $3,500 -36.4% $3 / Sq Ft
01/04/2023 01/04/23 Price Changed $5,500 +37.5% $5 / Sq Ft
10/18/2022 10/18/22 Price Changed $4,000 +21.4% $4 / Sq Ft
09/19/2022 09/19/22 Price Changed $3,295 -2.9% $3 / Sq Ft
09/13/2022 09/13/22 For Rent $3,395 0.0% --
06/22/2022 06/22/22 Sold $433,500 -13.3% $452 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/26/2022 04/26/22 For Sale $499,999 -- $521 / Sq Ft

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 $6,559 $362,550 $362,550 $167,550
2023 $6,559 $351,100 $351,100 $156,100
2022 $4,177 $220,950 $140,000 $80,950
2021 $4,004 $204,490 $135,000 $69,490
2020 $4,001 $203,880 $135,000 $68,880
2019 $3,746 $196,360 $130,000 $66,360
2018 $3,320 $167,500 $120,000 $47,500
2017 $584 $68,915 $0 $0
2016 $701 $67,497 $0 $0
2015 -- $67,027 $0 $0
2014 -- $66,495 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Martin Daily Devotions

    Berkshire Hathaway Florida Realty

    Section Image
  • Mary Feistel

    Seller's Agent in 2022

    Mary Feistel

    Illustrated Properties LLC (Jupiter)

    3 in this area

    36 Total Sales

    Mary Feistel
    Section Image
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Map

Florida Martin County Stuart 34996 Downtown Stuart

262 SE Monterey Ave, Stuart, FL

This home is located at 262 SE Monterey Ave, Stuart, FL 34996 and is currently estimated at $486,878, approximately $486 per square foot. 262 SE Monterey Ave is a home located in Martin County with nearby schools including J. D. Parker School Of Technology, Stuart Middle School, and Jensen Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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