NOT LISTED FOR SALE

3400 SE Martinique Trace Unit 201 Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $284,754 - $354,000

2 Beds
2 Baths
1,506 Sq Ft
$360/mo HOA Fee

Last Sold May 07, 2012

Last sale price $104,500 $69 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $2,164/month

88 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Gated Community
  • Cathedral Ceiling
  • Senior Community
  • Lake View
  • Screened Porch

About This Home

As of May 2012

JUST IMAGINE WAKING UP TO THE MORNING SUN ON THE LAKE! This beautiful Montego Cove home has so much to offer - a beautifully remodeled kitchen with corian counters and all new cabinets, accordion shutters, vaulted ceilings to add to the spacious feel, an eat-in kitchen with a view of the preserve across the road, and the lovely screened porch where you can enjoy your morning coffee. Montego Cove is Stuart's premier 55+ community with only 182 condos and 55 acres of park like grounds. 2 pools, 2 lighted tennis courts, a clubhouse, and a myriad of social and recreational activities. Walled and gated, the community is located close to shopping, restaurants, a library, etc. Make your appointment today! Go to: www.montegocove.info for more information.

Last Agent to Sell the Property

Ann Arner

Coldwell Banker Realty License #3046590 Listed on: 01/11/2012

Coldwell Banker Realty

Co-Listed By

Alvin Arner

Coldwell Banker Realty License #3098465

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $715

Year Built

  • Built in 1988

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts a private road

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Siding

Interior Spaces

  • 1,506 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Guest Parking

Outdoor Features

  • Balcony

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

Overview

  • Senior Community
  • Association fees include management, cable TV, insurance, ground maintenance, maintenance structure, pest control, recreation facilities, reserve fund, road maintenance, trash
  • 6 Units
  • Association Phone (772) 334-8900

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Breed Restrictions

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$715

Year Built

Built in 1988

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Carport Y N: Yes
  • Co List Office Mls Id: 279000315
  • Directions: COVE RD JUST WEST OF FEDERAL HWY
  • Entry Level: 2
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: MONTEGO COVE CONDO
  • Year Built: 1988
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1506.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete
  • Direction Faces: Southwest
  • Exterior Features: Balcony, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Covered, Porch, Screened
  • Pool Private: No
  • Roof: Barrel
  • View: Lake
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Detached Carport, Guest, Truck Parking
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Laundry Features: Inside
  • Security: Gated Community, Smoke Detector(s)
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 360.0
  • Phone: 772-334-8900
  • Community Features: Gated
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit
  • Senior Community: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Recreation Facilities, Reserve Fund, Road Maintenance, Trash

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 715.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2012
Sold by
Palmieri Nicola and Palmieri Giovanna
Bought by
Palmieri Vito G and Severini Caterina Palmieri
Current Estimated Value
$311,439

Purchase Details

Listed on
Jan 11, 2012
Closed on
May 4, 2012
Sold by
Sundheim Margaret M
Bought by
Palmieri Nicola and Palmieri Giovanna
Seller's Agent
Ann Arner
Coldwell Banker Realty
List Price
$129,000
Sold Price
$104,500
Premium/Discount to List
-$24,500
-18.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Mar 12, 2007
Sold by
Sundheim Margaret M
Bought by
Palmieri Vito G Co-Tr and Severini Caterina Palmieri Co-Tr
Source: Public Records

Range of Values:

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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
Palmieri Vito G -- Attorney
Palmieri Nicola $104,500 Merit Title Inc
Palmieri Vito G Co-Tr -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2012 05/07/12 Sold $104,500 -19.0% $69 / Sq Ft
04/07/2012 04/07/12 Pending -- -- --
01/10/2012 01/10/12 For Sale $129,000 -- $86 / Sq Ft
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 $1,289 $123,245 -- --
2024 $1,254 $119,772 -- --
2023 $1,254 $116,284 $0 $0
2022 $1,196 $112,898 $0 $0
2021 $1,190 $109,610 $0 $0
2020 $1,175 $108,097 $0 $0
2019 $1,146 $105,667 $0 $0
2018 $1,112 $103,697 $0 $0
2017 $1,031 $101,564 $0 $0
2016 $1,013 $99,475 $0 $0
2015 $959 $98,784 $0 $0
2014 $959 $98,000 $0 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M361717

Martin County REALTORS® of the Treasure Coast

APN: 35-38-41-002-029-02010-1