NOT LISTED FOR SALE

Estimated Value: $3,127,675

1.53 Acres
$2,049,590 Price per Acre
66,473 Sq Ft Lot

Last Sold May 27, 2021

Last sale price $2,400,000

Est. 30% increase in value since last sale

Current estimated payment $19,752/month

Highlights

  • Access To Intracoastal Waterway
  • Gated Community
  • Waterfront
  • Jensen Beach High School Rated A
  • River View
  • 1.53 Acre Lot

About This Lot

As of May 2021

Perched atop an almost 50' high bluff with outstanding 360deg view of St. Lucie river, Sewalls Point, Indian River, Hutchinson Island and Ocean beyond. Adjacent land is also available

Last Agent to Sell the Property

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 03/08/2021

Waterfront Properties Inc

Last Buyer's Agent

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 03/08/2021

Waterfront Properties Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $16,213

Lot Details

  • 1.53 Acre Lot
  • Lot Dimensions are 125.0x535
  • Waterfront
  • Property fronts a private road
  • North Facing Home

HOA Fees

  • $383 Monthly HOA Fees

Property Views

  • River Views

Schools

  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

Recreation

  • Access To Intracoastal Waterway
  • River Access

Additional Features

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$16,213

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Directions: North Sewalls Point road to the entrance of the community. Gate will open on demand, just pull close and it will open, drive thru gates. The land is on the left after 31 Lofting way
  • Lot Size Acres: 1.526
  • Lot Size: 125.0x535
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Plantation At Sewalls Point
  • Ownership: Fee Simple
  • Special Features: None

Exterior Features

  • Direction Faces: North
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, River Access
  • Waterfront: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 383.0
  • Association: Yes
  • Community Features: Street Lights, Gated

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Development Status: Other
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16213.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
May 27, 2021
Sold by
Alexander Gregory and Chiu Jennifer Chiu
Bought by
Langer Steven M and Langer Kathleen A
Seller's Agent
Adam Brown
Waterfront Properties Inc
Buyer's Agent
Adam Brown
Waterfront Properties Inc
List Price
$2,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$100,000
-4%
Current Estimated Value
$3,127,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$727,675
Avg. Annual Appreciation
6.39%
Original Mortgage
$1,550,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2003
Sold by
Stuart Property Ltd
Bought by
Alexander Gregory and Chiu Jennifer Chiu Yin

Purchase Details

Closed on
Jan 8, 1997
Sold by
Westico Michael T
Bought by
Stuart Property Ltd

Purchase Details

Closed on
Nov 7, 1996
Sold by
Westico Michael T
Bought by
Stuart Property Ltd

Purchase Details

Closed on
Apr 21, 1994
Sold by
Sewall'S Pt Plantation Ptnr
Bought by
Nestico Michael T
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
Langer Steven M $2,400,000 Assured Title Agency
Alexander Gregory $2,000,000 Seacrest Title Company
Stuart Property Ltd $600,000 --
Stuart Property Ltd $600,000 --
Nestico Michael T $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Langer Steven M $1,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $2,400,000 -4.0% --
04/27/2021 04/27/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $2,500,000 -- --
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
2025 $33,426 $4,522,040 -- --
2024 $29,898 $1,966,250 -- --
2023 $29,898 $1,787,500 $0 $0
2022 $26,711 $1,625,000 $1,625,000 $0
2021 $16,492 $956,250 $956,250 $0
2020 $16,213 $968,530 $956,250 $12,280
2019 $16,361 $969,010 $956,250 $12,760
2018 $16,513 $970,420 $956,250 $14,170
2017 $16,099 $974,850 $956,250 $18,600
2016 $18,126 $1,084,340 $1,068,750 $15,590
2015 $19,439 $1,227,990 $1,215,000 $12,990
2014 $19,439 $1,228,460 $1,215,000 $13,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20028222

Martin County REALTORS® of the Treasure Coast

APN: 26-37-41-013-000-00050-5