NOT LISTED FOR SALE

3003 SE Birch Ave Stuart, FL 34997

Golden Gate Neighborhood

Estimated Value: $530,000 - $635,000

2 Beds
4 Baths
3,104 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $648,000 $209 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,007/month

12 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Jensen Beach High School Rated A
  • Tile Flooring
  • Ceiling Fan

About This Home

As of April 2024

Amazing opportunity in the heart of Stuart. This is a true Quadplex with 4 separate units. The tenants have been in place for multiple years and would like to stay. This multi-family complex just had all of the windows and doors replaced with high energy efficiency. The exterior also just had a makeover including fresh paint and light fixtures. Three of the units are 2 bedroom and one bath and the 4th unit is an efficiency with a full kitchen. There is also a huge driveway with plenty of parking. Prime investment opportunity at 100 percent occupied with solid rental history, bringing in $5200 a month. These units are also on city water and sewer. Prime Location!

Last Agent to Sell the Property

Lisa LeRose

Keller Williams Realty Of The Treasure Coast License #3300475 Listed on: 03/01/2024

Keller Williams Realty Of The Treasure Coast

Last Buyer's Agent

Jarvis Funderburk

Scuttina Signature Real Estate Group, LLC License #3316029

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,927

Year Built

  • Built in 1981

Home Design

  • Quadruplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 4 Bathrooms
  • 3,104 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 373841007006000202

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Golden Gate Subdivision

Building Details

  • Gross Income $38,474
  • Net Operating Income $38,474

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,927

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: US Highway 1 to Indian Street East, Past Dixie and right on Birch.
  • Year Built: 1981
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Laminate, Linoleum, Other, Tile
  • Living Area: 3104.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: Fruit Trees
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 373841007006000202
  • Mobile Dim Units: Feet
  • Zoning: Income prod

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Property Net Operating Income: 38474.0
  • Number Of Units In Community: 4
  • Annual Gross Income: 38474.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9927.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
Apr 25, 2024
Sold by
Birch House Stuart Llc
Bought by
Morrison Ethan
Seller's Agent
Lisa LeRose
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Jarvis Funderburk
Scuttina Signature Real Estate Group, LLC
List Price
$650,000
Sold Price
$648,000
Premium/Discount to List
-$2,000
-0.31%
Views
38
Current Estimated Value
$600,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$47,365
Avg. Annual Appreciation
-4.32%
Original Mortgage
$515,000
Outstanding Balance
$505,624
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$95,011

Purchase Details

Closed on
Dec 3, 2019
Sold by
Hhqmom Llc
Bought by
Birch House Stuart Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.75%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 22, 2015
Sold by
Addeo William H and Addeo Lisa
Bought by
Hhqmom Llc

Purchase Details

Closed on
Aug 15, 2015
Sold by
Multiple Owners
Bought by
Hhqmom Llc

Purchase Details

Closed on
Jan 30, 2003
Sold by
Gomez Raul and Gomez San Juana
Bought by
Addeo William H and Addeo Lisa

Purchase Details

Closed on
Mar 16, 1999
Sold by
Sala Israel J and Sala Nestor R
Bought by
Gomez Raul and Gomez San Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,500
Interest Rate
6.73%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Morrison Ethan $648,000 None Listed On Document
Birch House Stuart Llc $350,000 Platinum Title Insurers Llc
Hhqmom Llc -- None Available
Hhqmom Llc $100 --
Addeo William H $135,000 --
Gomez Raul $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Ethan $515,000
Previous Owner Birch House Stuart Llc $360,000
Previous Owner Gomez Raul $72,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2024 04/25/24 Sold $648,000 -0.3% $209 / Sq Ft
03/01/2024 03/01/24 For Sale $650,000 -- $209 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $10,776 $542,240 $80,000 $462,240
2024 $9,928 $464,923 -- --
2023 $9,928 $422,658 $0 $0
2022 $9,066 $384,235 $0 $0
2021 $7,290 $349,305 $0 $0
2020 $6,499 $317,550 $70,000 $247,550
2019 $4,577 $274,500 $70,000 $204,500
2018 $4,001 $217,500 $19,130 $198,370
2017 $2,698 $200,100 $19,130 $180,970
2016 $3,347 $173,250 $19,130 $154,120
2015 $2,697 $173,250 $19,130 $154,120
2014 $2,697 $126,000 $19,130 $106,870
Source: Public Records

Agents Affiliated with this Home

  • Lisa LeRose

    Seller's Agent in 2024

    Lisa LeRose

    Keller Williams Realty Of The Treasure Coast

    (772) 812-1030

    2 in this area

    91 Total Sales

    Lisa LeRose
    Section Image

  • J

    Buyer's Agent in 2024

    Jarvis Funderburk

    Scuttina Signature Real Estate Group, LLC

    (561) 283-9413

    1 in this area

    9 Total Sales

    Jarvis Funderburk
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10963953

BeachesMLS (Greater Fort Lauderdale)

APN: 37-38-41-007-006-00020-2

Florida Martin County Stuart 34997 Golden Gate

3003 SE Birch Ave, Stuart, FL

Not Listed for Sale

MultiFamily

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