NOT LISTED FOR SALE

3438 SE Iris St Stuart, FL 34997

Golden Gate Neighborhood

Estimated Value: $358,727 - $535,000

2 Beds
4 Baths
1,792 Sq Ft
$254/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $415,000 $232 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,827/month

140 Days on Market

Highlights

  • Water Views
  • Patio
  • Central Heating and Cooling System
  • Jensen Beach High School Rated A
  • Ceramic Tile Flooring

About This Home

As of January 2023

CALLING ALL INVESTORS!! Refurbished duplex 2/2 each side, GREAT Investment property. This property has been remodeled. Tile though out. Update kitchen all solid wood cabinets, granite counter tops, stainless appliances , new bathrooms, paint interior and exterior, new ceiling fans, hurricane windows, lights, 2017 AC units. Good size units with separate driveways. Ceramic tile flooring in all rooms. Separate electric and water meters. The roof has been protected with a 15 year protection coat. Excellent location close to shopping, A-Rated schools, beaches, water access, downtown Stuart and more. All sizes are estimates and are not guaranteed as to accuracy. Don't let this opportunity get away. Tenant 1 is month to month at $1,480 & mows lawn. Tenant 2 pay $1550.

Last Agent to Sell the Property

Steve Froggatt

The Keyes Company (Tequesta) Brokerage Email: Stevefroggatt@gmail.com License #3249639 Listed on: 08/11/2022

Last Buyer's Agent

Jeff Grant

RE/MAX Properties

RE/MAX Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1982

Home Design

  • Duplex
  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views

Outdoor Features

  • Patio

Schools

  • Port Salerno Elementary School
  • Murray Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Water Not Available

Listing and Financial Details

  • Assessor Parcel Number 37381007174001305

Community Details

Overview

  • 2 Units
  • Golden Gate Subdivision

Building Details

  • Operating Expense $7,600
  • Net Operating Income $23,360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,600

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: South of Indian St; Dixie Hwy turn East on SE Iris then to the end of street
  • Year Built: 1982
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1792.0

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: None, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Port Salerno
  • High School: Martin County
  • Middle Or Junior School: Murray

Lot Info

  • Parcel #: 37381007174001305
  • Lot Size: 75.0 ft. x 75.0 ft.
  • Zoning Description: Resident

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 23360.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7600.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Starkand Gary A
Bought by
Beer Family Trust
Current Estimated Value
$455,932

Purchase Details

Listed on
Aug 11, 2022
Closed on
Jan 5, 2023
Sold by
Dipasquale Lisa
Bought by
Starkand Gary A and Starkand Alexander Max
Seller's Agent
Steve Froggatt
The Keyes Company (Tequesta)
Buyer's Agent
Jeff Grant
RE/MAX Properties
List Price
$449,000
Sold Price
$415,000
Premium/Discount to List
-$34,000
-7.57%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.23%

Purchase Details

Listed on
Mar 17, 2017
Closed on
Mar 16, 2017
Sold by
Carter P
Bought by
Dipasqule Lisa
Seller's Agent
Simon Boyce
Inactive Member
Buyer's Agent
Simon Boyce
Inactive Member
Sold Price
$1,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.24%

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 1, 2015
Sold by
The Bank Of New York Mellon
Bought by
Carter P
Seller's Agent
Claudio Moreira
Realty One Group Evolve
Buyer's Agent
Steve Froggatt
The Keyes Company (Tequesta)
List Price
$106,100
Sold Price
$106,500
Premium/Discount to List
$400
0.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.55%

Purchase Details

Closed on
Feb 5, 2015
Sold by
Sterling Leonel
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
May 24, 2007
Sold by
Sterling Leonel
Bought by
Genestan Edrene and Genestan Ruthena

Purchase Details

Closed on
Sep 18, 2006
Sold by
Taggart Thomas M and Taggart Caryn L
Bought by
Sterling Leonel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 2, 2004
Sold by
Ziegler Royce C
Bought by
Taggart Thomas M and Taggart Caryn L
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
Beer Family Trust $100 None Listed On Document
Starkand Gary A $415,000 First American Title
Dipasqule Lisa -- Homepartners Title Servicesq
Carter P $106,500 Attorney
The Bank Of New York Mellon $76,000 None Available
Genestan Edrene -- None Available
Sterling Leonel $220,000 Universal Land Title Inc
Taggart Thomas M $140,000 Stewart Title Of Martin Coun
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sterling Leonel $44,000
Previous Owner Sterling Leonel $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2023 01/12/23 Sold $415,000 -5.7% $232 / Sq Ft
12/30/2022 12/30/22 Pending -- -- --
10/07/2022 10/07/22 Price Changed $440,000 -2.0% $246 / Sq Ft
08/11/2022 08/11/22 For Sale $449,000 0.0% $251 / Sq Ft
03/10/2019 03/10/19 Rented $1,340 0.0% --
02/08/2019 02/08/19 Under Contract -- -- --
01/29/2019 01/29/19 For Rent $1,340 0.0% --
03/17/2017 03/17/17 Sold $223,000 0.0% $124 / Sq Ft View Prior Sale
03/17/2017 03/17/17 For Rent $1,240 0.0% --
03/17/2017 03/17/17 Rented $1,240 0.0% --
02/15/2017 02/15/17 Pending -- -- --
03/07/2016 03/07/16 For Sale $285,000 +167.6% $159 / Sq Ft
06/18/2015 06/18/15 Sold $106,500 +0.4% $59 / Sq Ft View Prior Sale
05/19/2015 05/19/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $106,100 -- $59 / 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 $5,261 $250,063 -- --
2024 $5,894 $227,330 $227,330 $157,330
2023 $5,894 $236,966 $0 $0
2022 $5,097 $215,424 $0 $0
2021 $4,176 $195,840 $65,000 $130,840
2020 $4,069 $196,620 $70,000 $126,620
2019 $3,962 $188,150 $60,000 $128,150
2018 $3,993 $192,730 $60,000 $132,730
2017 $1,790 $110,400 $60,000 $50,400
2016 $2,215 $94,500 $53,000 $41,500
2015 $1,757 $94,500 $21,000 $73,500
2014 $1,757 $72,000 $21,000 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Steve Froggatt

    Seller's Agent in 2023

    Steve Froggatt

    The Keyes Company (Tequesta)

    (561) 383-1680

    1 in this area

    85 Total Sales

    Steve Froggatt
    Section Image
  • Jeff Grant

    Buyer's Agent in 2023

    Jeff Grant

    RE/MAX

    (561) 412-5333

    1 in this area

    102 Total Sales

    Jeff Grant
    Section Image

  • S

    Buyer Co-Listing Agent in 2023

    Spencer O'Brien

    Echo Fine Properties

    Section Image

  • S

    Seller's Agent in 2019

    Simon Boyce

    Inactive Member

  • Michael Vatalaro

    Buyer's Agent in 2019

    Michael Vatalaro

    Ocean Capital R.E. Services Gr

    (800) 895-7174

    7 Total Sales

    Michael Vatalaro
    Section Image

  • K

    Seller Co-Listing Agent in 2017

    Kimora Yanchik

    KW Reserve

    (561) 201-3661

    5 Total Sales

    Kimora Yanchik
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10823779

BeachesMLS

APN: 37-38-41-007-174-00130-5

Florida Martin County Stuart 34997 Golden Gate

3438 SE Iris St, Stuart, FL

Not Listed for Sale

MultiFamily

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