NOT LISTED FOR SALE

27 NE Lofting Way Stuart, FL 34996

Sewall's Point Neighborhood

Estimated Value: $6,373,000 - $10,575,379

8 Beds
8 Baths
13,138 Sq Ft
$645/Sq Ft Est. Value

Last Sold March 15, 2023

Last sale price $11,750,000 $894 Per Sq Ft

Est. 28% decrease in value since last sale

Current estimated payment $59,340/month

29 Days on Market

Highlights

  • 330 Feet of Waterfront
  • Boat Ramp
  • Community Cabanas
  • Jensen Beach High School Rated A
  • Property has ocean access
  • Media Room

About This Home

As of March 2023

Gated Community of Plantation at Sewall's Point. Elegant, waterfront Family compound encompasses approximately four scenic areas. Exterior features include tranquil waterfalls, koi ponds, two pools, two docks (lifts), Guest & Staff cottages. The 10,000 sqft main house has all the extras. 4-CG A/C, ample pkg., Guest house and staff quarters. Private pool, exquisite views.

Last Agent to Sell the Property

Frederick Abberley

Illustrated Properties/Sewalls License #3475071 Listed on: 12/20/2022

Illustrated Properties/Sewalls

Last Buyer's Agent

Drew Ciraldo

William Raveis Real Estate License #3230821

William Raveis Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $103,822

Year Built

  • Built in 1995

Lot Details

  • 3.93 Acre Lot
  • 330 Feet of Waterfront
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Fenced
  • Sprinkler System
  • Property is zoned R2

HOA Fees

  • $1,000 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • River
  • Pool

Home Design

  • Concrete Roof
  • Metal Roof

Interior Spaces

  • 13,138 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Media Room
  • Den
  • Workshop
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Clay
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Intercom
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Gunite Pool
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Grill
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 263741013000000701

Community Details

Overview

  • Association fees include legal/accounting
  • Plantation At Sewalls Poi Subdivision

Amenities

  • Game Room

Recreation

  • Boat Ramp
  • Boating
  • Community Cabanas
  • Community Pool

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$103,822

Year Built

Built in 1995

Lot Details

0

HOA Fees

$1,000 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1995
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Custom Mirrors, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Workshop
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Flooring: Clay, Marble, Tile
  • Living Area: 13138.0
  • Dining Room Type: Den, Laundry, Media Room, Workshop, Dining Room, Florida Room
  • Stories: 2
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Porch, Patio
  • View: Pool, River
  • Fencing: Wall
  • Road Frontage Type: Waterfront
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool Equipment, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Other Structures: Workshop
  • Patio And Porch Features: Patio, Wrap Around
  • Property Condition: Resale
  • Roof: Concrete, Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Covered, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Closed Circuit Camera(s), Security Gate, Motion Detectors, Phone Entry, Security Lights, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Community Features: Boat Facilities, Game Room, Gated, Pool
  • Senior Community: No
  • Amenities: Cabana, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Legal/Accounting

Lot Info

  • Parcel #: 263741013000000701
  • Lot Size Sq Ft: 171366.0
  • Zoning Description: R2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 103822.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 13, 2023
Sold by
Engh Charles A
Bought by
Desmarais Alexandre
Seller's Agent
Frederick Abberley
Illustrated Properties/Sewalls
Buyer's Agent
Drew Ciraldo
William Raveis Real Estate
List Price
$12,000,000
Sold Price
$11,750,000
Premium/Discount to List
-$250,000
-2.08%
Views
50
Current Estimated Value
$8,474,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,275,810
Avg. Annual Appreciation
-11.40%
Original Mortgage
$7,000,000
Outstanding Balance
$6,778,655
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,695,535

Purchase Details

Listed on
Dec 20, 2022
Closed on
Mar 10, 2023
Sold by
Ware Elizabeth E
Bought by
Desmarais Alexandre
Seller's Agent
Frederick Abberley
Illustrated Properties/Sewalls
Buyer's Agent
Drew Ciraldo
William Raveis Real Estate
List Price
$12,000,000
Sold Price
$11,750,000
Premium/Discount to List
-$250,000
-2.08%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,000,000
Outstanding Balance
$6,778,655
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,695,535

Purchase Details

Listed on
Mar 16, 2015
Closed on
Nov 10, 2015
Sold by
Oak River Llc
Bought by
Engh Md Charles A and The Charles A Engh Md Revocable Trust
Seller's Agent
Candace Harman
One Sotheby's International Realty
Buyer's Agent
Jeene Brown
RE/MAX of Stuart
List Price
$7,500,000
Sold Price
$5,450,000
Premium/Discount to List
-$2,050,000
-27.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.02%

Purchase Details

Closed on
Mar 19, 1997
Sold by
Warmbold Joachim and Negre Nicole
Bought by
Oak River Llc

Purchase Details

Closed on
Mar 18, 1997
Sold by
Warmbold Joachim
Bought by
Charles A Engh Md Revocable Trust

Purchase Details

Closed on
Feb 6, 1997
Sold by
Cordigame Sa
Bought by
Warmbold Joachim and Negre Nicole
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
Desmarais Alexandre $100 --
Desmarais Alexandre $100 None Listed On Document
Desmarais Alexandre $11,750,000 --
Desmarais Alexandre $11,750,000 None Listed On Document
Desmarais Alexandre $100 --
Desmarais Alexandre $100 None Listed On Document
Desmarais Alexandre $100 --
Desmarais Alexandre $100 None Listed On Document
Desmarais Alexandre $100 --
Engh Md Charles A $5,450,000 Attorney
Oak River Llc $2,250,000 --
Charles A Engh Md Revocable Trust $4,500,000 --
Warmbold Joachim $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desmarais Alexandre $7,000,000
Closed Desmarais Alexandre $7,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2023 03/15/23 Sold $11,750,000 0.0% $834 / Sq Ft View Prior Sale
03/15/2023 03/15/23 Sold $11,750,000 -2.1% $894 / Sq Ft
01/19/2023 01/19/23 Pending -- -- --
12/20/2022 12/20/22 For Sale $12,000,000 0.0% $913 / Sq Ft
07/21/2022 07/21/22 For Sale $12,000,000 +120.2% $852 / Sq Ft
11/10/2015 11/10/15 Sold $5,450,000 -27.3% $531 / Sq Ft View Prior Sale
10/11/2015 10/11/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $7,500,000 -- $730 / 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 $166,759 $10,438,440 $6,091,700 $4,346,740
2024 $118,563 $10,295,850 $10,295,850 $4,400,660
2023 $118,563 $6,114,977 $0 $0
2022 $103,822 $5,559,070 $0 $0
2021 $86,486 $5,053,700 $2,422,500 $2,631,200
2020 $84,636 $5,037,080 $2,422,500 $2,614,580
2019 $85,938 $5,071,260 $2,422,500 $2,648,760
2018 $87,260 $5,109,780 $2,422,500 $2,687,280
2017 $83,657 $5,065,690 $2,843,250 $2,222,440
2016 $81,116 $4,834,340 $2,869,950 $1,964,390
2015 $79,012 $4,975,110 $3,262,680 $1,712,430
2014 $79,012 $4,974,950 $3,262,680 $1,712,270
Source: Public Records

Agents Affiliated with this Home

  • Frederick Abberley

    Seller's Agent in 2023

    Frederick Abberley

    Illustrated Properties LLC

    (203) 233-6954

    6 in this area

    21 Total Sales

    Frederick Abberley
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS AGENT

    NON MLS

  • Drew Ciraldo

    Buyer's Agent in 2023

    Drew Ciraldo

    William Raveis Real Estate

    (772) 233-9657

    1 in this area

    66 Total Sales

    Drew Ciraldo
    Section Image

  • C

    Seller's Agent in 2015

    Candace Harman

    One Sotheby's International Realty

    (772) 287-1777

    6 in this area

    9 Total Sales

    Candace Harman
    Section Image
  • Stephen Ngo

    Seller Co-Listing Agent in 2015

    Stephen Ngo

    Illustrated Properties

    (303) 520-5947

    2 in this area

    92 Total Sales

    Stephen Ngo
    Section Image
  • Jeene Brown

    Buyer's Agent in 2015

    Jeene Brown

    RE/MAX

    (772) 215-1952

    36 Total Sales

    Jeene Brown
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10853205

BeachesMLS

APN: 26-37-41-013-000-00070-1

Florida Martin County Stuart 34996 Sewall's Point

27 NE Lofting Way, Stuart, FL

Not Listed for Sale

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