NOT LISTED FOR SALE

Estimated Value: $868,443

0.35 Acre
$2,474,197 Price per Acre
15,290 Sq Ft Lot

Last Sold February 23, 2018

Last sale price $45,000

Est. 1,830% increase in value since last sale

Current estimated payment $5,792/month

91 Days on Market

Highlights

  • Gated Community
  • Corner Lot
  • Cul-De-Sac

About This Lot

As of February 2018

What an opportunity to own this oversized end lot at the end of a cul-de-sac. The property is clear and ready for you to build your custom dream home in the Island Of Ravello. It has preserve on three sides and situated in a gated community with clubhouse, pool, tennis courts, nature preserve & much much more. Location is key. Ravello is close to I95, the Turnpike shopping, restaurants, hospitals, and beaches to name a few.

Last Listed By

David Wetz

The Keyes Company - Jensen Beach License #3329421 Listed on: 10/25/2017

The Keyes Company - Jensen Beach

Property Details

Property Type

  • Land

Year Built

  • 2020

Lot Details

  • Cul-De-Sac
  • Corner Lot

HOA Fees

  • $231 Monthly HOA Fees

Community Details

Overview

  • Association fees include management, common areas

Security

  • Gated Community

Property Details

Property Type

Land

Year Built

2020

Lot Details

0

HOA Fees

$231 per month

Listing Details

  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Subdivision Name: ISLAND OF RAVELLO
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built (Public Record): 2020

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 231.0
  • Association: Yes
  • Community Features: Gated, Sidewalks

Fee Information

  • Association Fee Includes: Association Management, Common Areas

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1713.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Feb 9, 2018
Sold by
Pooni Sukjit S and Pooni Balinder K
Bought by
Fluss Ira and Fluss Cindy
Seller's Agent
David Wetz
The Keyes Company - Jensen Beach
Buyer's Agent
David Wetz
The Keyes Company - Jensen Beach
List Price
$50,000
Sold Price
$45,000
Premium/Discount to List
-$5,000
-10%
Total Days on Market
91
Current Estimated Value
$868,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$823,443

Purchase Details

Closed on
Jun 4, 2012
Sold by
Florida Real Property Acquisitions Llc
Bought by
Pooni Sukjit Singh and Pooni Baljinder Kaur

Purchase Details

Closed on
Nov 9, 2011
Sold by
Bank Of America N A
Bought by
Florida Real Property Aquisitions Llc

Purchase Details

Closed on
Sep 12, 2011
Sold by
Ventura David and Tesoro Preserve Property Owner
Bought by
Bank Of America N A

Purchase Details

Closed on
Aug 25, 2005
Sold by
Kwk Investments Llc
Bought by
Ventura David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 14, 2005
Sold by
Ginn La Wilderness Ltd Lllp
Bought by
Kwk Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,910
Interest Rate
5.69%
Mortgage Type
Balloon

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
Fluss Ira $45,000 Homepartners Title Services
Pooni Sukjit Singh $30,400 Attorney
Florida Real Property Aquisitions Llc $8,700 Landsafe Title
Bank Of America N A -- Attorney
Ventura David $550,000 --
Kwk Investments Llc $329,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ventura David $467,500
Previous Owner Kwk Investments Llc $296,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2018 02/23/18 Sold $45,000 -10.0% --
01/24/2018 01/24/18 Pending -- -- --
10/25/2017 10/25/17 For Sale $50,000 -- --
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 $8,670 $409,340 -- --
2023 $8,670 $397,418 $0 $0
2022 $10,476 $385,843 $0 $0
2021 $10,473 $374,605 $0 $0
2020 $3,380 $36,100 $36,100 $0
2019 $3,075 $36,100 $36,100 $0
2018 $2,783 $25,500 $25,500 $0
2017 $1,712 $16,000 $16,000 $0
2016 $1,713 $16,000 $16,000 $0
2015 $1,680 $14,500 $14,500 $0
2014 $1,660 $14,500 $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: M20007910

Martin County REALTORS® of the Treasure Coast

APN: 44-14-600-0088-0005