NOT LISTED FOR SALE

3430 SE Martinique Trace Unit 201 Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $262,000 - $299,000

2 Beds
2 Baths
1,506 Sq Ft
$569/mo HOA Fee

Last Sold June 13, 2023

Last sale price $260,000 $173 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,431/month

63 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Cathedral Ceiling
  • Senior Community
  • Clubhouse
  • Community Pool

About This Home

As of June 2023

Gorgeous lake view from this 2nd floor 2/2 condo in Stuart’s premier 55+ community of Montego Cove! Spacious living area with vaulted ceilings, a built-in vacuum system, newer appliances, 2 walk-in closets in master bedroom, bamboo flooring in the kitchen & breakfast area, a full size washer & dryer, and a screened porch add to the charm of this home. Partially furnished. Accordion shutters for hurricane protection. You will love relaxing on your balcony. The walled patio on the ground level has storage and is perfect for your grill, plants, etc. Montego Cove residents enjoy living in the over 50 acres of park-like grounds with 2 pools, a spa, 2 lighted tennis/pickleball courts, a clubhouse, and the many social and recreational activities. 1 small (15 lbs. max) pet is allowed, Pick-up trucks permitted. 1 covered carport space included. No rentals for 1st 2 years. Make your appointment today!

Last Agent to Sell the Property

Ann Arner

Coldwell Banker Realty License #3046590 Listed on: 02/27/2023

Coldwell Banker Realty

Co-Listed By

Alvin Arner

Coldwell Banker Realty License #3098465

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,030

Year Built

  • Built in 1989

Lot Details

  • Lake Front
  • Property fronts a private road
  • Fenced

HOA Fees

  • $569 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,506 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Carpet
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Garden Bath

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Guest Parking

Utilities

  • Central Heating and Cooling System

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

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

Security

  • Gated Community
  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,030

Year Built

Built in 1989

Lot Details

0

HOA Fees

$569 per month

Listing Details

  • Carport Y N: Yes
  • Co List Office Mls Id: 279000315
  • Co List Office Phone: 772-286-1300
  • Directions: Cove Rd just west of Federal Hwy. After gate, turn left onto Martinique Drive, then left again onto Martinique Trace. left again at the stop sign to 3430.
  • Entry Level: 2
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Montego Cove Condo All Ph
  • Year Built: 1989
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-286-1300
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Other
  • Furnished: Partially
  • Interior Amenities: Breakfast Area, Cathedral Ceiling(s), Entrance Foyer, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 1506.0
  • Spa Features: Community
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Disclosures: Deed Restriction, Seller Disclosure
  • Exterior Features: Storm/Security Shutters
  • Fencing: Wall
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Barrel
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 569.0
  • Phone: 772-334-8900
  • Association: Yes
  • Community Features: Barbecue, Billiard Room, Clubhouse, Kitchen Facilities, Library, Park, Pickleball, Pool, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s), Trails/Paths, Gated
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit
  • Senior Community: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Road Maintenance, Trash

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 6

Tax Info

  • Tax Annual Amount: 1030.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Jun 13, 2023
Sold by
Sanders Doris Cade
Bought by
Koorbusch Sharon E and Koorbusch Edward G
Seller's Agent
Ann Arner
Coldwell Banker Realty
List Price
$297,000
Sold Price
$260,000
Premium/Discount to List
-$37,000
-12.46%
Views
295
Current Estimated Value
$279,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,735
Avg. Annual Appreciation
4.70%
Original Mortgage
$195,000
Outstanding Balance
$190,198
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$97,292

Purchase Details

Closed on
May 25, 2013
Sold by
Sanders Doris Cade
Bought by
Sanders Doris Cade L and Sanders E

Purchase Details

Closed on
Jan 11, 2011
Sold by
Sanders Joseph Merrill
Bought by
Sanders Doris Cade L and Sanders E

Purchase Details

Closed on
Feb 16, 1990
Bought by
Sanders Doris Cade L and Sanders E
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
Koorbusch Sharon E $260,000 None Listed On Document
Sanders Doris Cade L $100 --
Sanders Doris Cade L $100 --
Sanders Doris Cade L $94,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koorbusch Sharon E $195,000
Previous Owner Sanders Doris C $200,000
Previous Owner Sanders Joseph Merrill $95,000
Previous Owner Sanders Joseph Merrill $25,000
Previous Owner Sanders Joseph Merrill $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2023 06/13/23 Sold $260,000 -3.3% $173 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $269,000 -6.9% $179 / Sq Ft
04/10/2023 04/10/23 Price Changed $289,000 -2.7% $192 / Sq Ft
03/03/2023 03/03/23 For Sale $297,000 0.0% $197 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $297,000 -- $197 / 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 $4,055 $243,940 -- $243,940
2024 $1,082 $247,090 $247,090 $247,090
2023 $1,082 $105,991 $0 $0
2022 $1,030 $102,904 $0 $0
2021 $1,022 $99,907 $0 $0
2020 $1,008 $98,528 $0 $0
2019 $981 $96,313 $0 $0
2018 $951 $94,517 $0 $0
2017 $880 $92,573 $0 $0
2016 $863 $90,669 $0 $0
2015 $817 $90,039 $0 $0
2014 $817 $89,324 $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: M20038207

Martin County REALTORS® of the Treasure Coast

APN: 35-38-41-002-026-02010-7