NOT LISTED FOR SALE

2971 SE Ferndale Ave Unit 2971 & 2981 Stuart, FL 34997

Golden Gate Neighborhood

Estimated Value: $282,362 - $481,000

2 Beds
1 Bath
2,616 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $171,000 $65 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,514/month

3 Days on Market

Highlights

  • Fruit Trees
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Jensen Beach High School Rated A
  • Attic Fan
  • Ceiling Fan

About This Home

As of April 2016

OWNERS FINANCING ONLY. Remodeled 2/1.5 on each side with attached carports and a rear storage building. Full tenancy since 2011. AC and handlers are new since 2011. 2011 new kitchen cabinets, bathroom vanities, toilets. Drain field replaced in 2011. Sump pump replaced in 2014. Septic pumped and filter cleaned annually. 2006 roof was rebuilt. Both leases renewed March 1st & April 1st 2016. Annual Income is typically $19,200.00. Sellers has proof of income records and copies of leases. Buyers proof of funds required prior to showing. DO NOT APPROACH TENANTS. THEY ARE NOT AWARE BUILDING IS FOR SALE. Warranty on AC's will convey.Neighboring 3/1 duplex located at 2605 SE Bonita Street also available as package deal. Bonita annual income $21,600.00.M

Last Agent to Sell the Property

Henry Gockenbach

Real Estate of Florida License #3229154 Listed on: 03/24/2016

Last Buyer's Agent

Henry Gockenbach

Real Estate of Florida License #3229154 Listed on: 03/24/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,393

Year Built

  • Built in 1972

Lot Details

  • 5,793 Sq Ft Lot
  • Fruit Trees

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,616 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Attic Fan

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $19,200
  • Rent includes electricity, sewer, cable TV, water
  • Assessor Parcel Number 373841007054000202

Community Details

Overview

  • 2 Units
  • Golden Gate Subdivision

Building Details

  • Operating Expense $4,422
  • Net Operating Income $14,778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,393

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US to Indian Street East, Right on Ferndale, HOL.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Living Area: 2616.0

Exterior Features

  • Exterior Features: Fruit Trees
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Attic Fan, Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Sewer, Cable TV, Water
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 373841007054000202
  • Lot Size Sq Ft: 5793.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 14778.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4422.0
  • Total Actual Rent: 19200.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2393.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2011
Sold by
Salgado Adlefo Perez and Salgado Ormisas Perez
Bought by
Gockenbach Maya M and Gockenbach Henry
Current Estimated Value
$402,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Outstanding Balance
$25,795
Interest Rate
4.66%
Mortgage Type
New Conventional
Estimated Equity
$373,504

Purchase Details

Closed on
Jun 30, 2000
Sold by
Brawner Vicki L
Bought by
16330B17 Trust

Purchase Details

Closed on
Jun 17, 1993
Sold by
Mcnear Richard B and Mcnear Sonjia R
Bought by
Taylor Ii Edward J and Taylor Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.44%
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
Gockenbach Maya M $50,000 Attorney
16330B17 Trust $63,000 --
Taylor Ii Edward J $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gockenbach Maya M $37,500
Previous Owner Salgado Adelfo Perez $183,750
Previous Owner Salgado Adelfo Perez $130,000
Previous Owner Taylor Ii Edward J $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $171,000 +1.6% $65 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $168,300 -- $64 / 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 $3,741 $157,187 -- --
2024 $3,663 $142,898 -- --
2023 $3,663 $129,908 $0 $0
2022 $3,322 $118,099 $0 $0
2021 $2,374 $107,363 $0 $0
2020 $2,162 $119,290 $75,000 $44,290
2019 $2,015 $108,040 $65,000 $43,040
2018 $1,737 $82,960 $50,000 $32,960
2017 $1,233 $73,330 $40,000 $33,330
2016 $1,280 $64,540 $40,000 $24,540
2015 $1,001 $65,320 $40,000 $25,320
2014 $1,001 $43,460 $17,000 $26,460
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2016

    Henry Gockenbach

    Real Estate of Florida

See All Agents

Map

Source: BeachesMLS

MLS Number: R10219660

BeachesMLS

APN: 37-38-41-007-054-00020-2

Florida Martin County Stuart 34997 Golden Gate

2971 SE Ferndale Ave Unit 2971 & 2981, Stuart, FL

This home is located at 2971 SE Ferndale Ave Unit 2971 & 2981, Stuart, FL 34997 since 24 March 2016 and is currently estimated at $403,591, approximately $154 per square foot. This property was built in 1972. 2971 SE Ferndale Ave Unit 2971 & 2981 is a home located in Martin County with nearby schools including Port Salerno Elementary School, Dr. David L. Anderson 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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