NOT LISTED FOR SALE

3551 SE Cobia Way Stuart, FL 34997

Estimated Value: $220,000 - $274,000

2 Beds
2 Baths
944 Sq Ft
$252/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $145,000 $154 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,638/month

Highlights

  • Central Heating and Cooling System
  • Martin County High School Rated A-
  • 1-Story Property

About This Home

As of April 2021

Townhouse Rented - Large 2 Bedroom, 2 Bath currently rented for $1,199.00 per Month - Unfurnished long term tenants. First, Last & Security collected. Over 40 income properties to sell same owner. Triplex, Duplex and Single Family's rented to long term tenants with year leases. Seller financing available Call For A Complete List. Please Please do not approach or disturb the tenants.

Last Agent to Sell the Property

Ronald Schmidt

E-Xpress Properties RE Inc License #655429 Listed on: 02/23/2021

Last Buyer's Agent

Jason Flannery

Illustrated Properties LLC License #3053611

Illustrated Properties LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1981

Lot Details

  • 1,394 Sq Ft Lot

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Water Heater

Community Details

Overview

  • Association fees include common areas, maintenance structure

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,378

Year Built

Built in 1981

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Directions: Federal Hwy North of Cove Rd Turn East at Cobia Way
  • Lot Size Acres: 0.032
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Building Stories: 1
  • Structure Type: Townhouse
  • Subdivision Name: Cove Place
  • Year Built: 1981
  • Ownership: Corporation
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Electric Range, Microwave, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 944.0
  • Stories: 1

Exterior Features

  • Construction Type: Other
  • Disclosures: Owner Is Listing Agent
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association: Yes
  • Community Features: Street Lights
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1378.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Apr 8, 2021
Sold by
Slack Bass 1 Llc
Bought by
Khan Marrauf Hossahi
Seller's Agent
Ronald Schmidt
E-Xpress Properties RE Inc
Buyer's Agent
Jason Flannery
Illustrated Properties LLC
List Price
$149,900
Sold Price
$145,000
Premium/Discount to List
-$4,900
-3.27%
Current Estimated Value
$237,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,651
Avg. Annual Appreciation
11.72%
Original Mortgage
$108,750
Outstanding Balance
$98,460
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$139,753

Purchase Details

Listed on
Jul 23, 2015
Closed on
Aug 26, 2015
Sold by
Wells Fargo Bank National Association
Bought by
Black Bass 1 Llc
Seller's Agent
Michael Bradley
Bradley & Associates Real Est
List Price
$65,900
Sold Price
$43,500
Premium/Discount to List
-$22,400
-33.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.13%

Purchase Details

Closed on
Feb 24, 2015
Sold by
Chardt Michele L
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Mar 10, 2004
Sold by
Munroe Conway and Keizer Odelle
Bought by
Chardt Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1999
Sold by
Nationscredit Mortgage Corporation
Bought by
Munroe Conway and Keizer Odelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,379
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 1998
Sold by
Cove Place Property Owners Assn
Bought by
Nationscredit Mortgage Corporation

Purchase Details

Closed on
Jul 27, 1998
Sold by
Clerk Of The Circuit Court
Bought by
Cove Place Property Owners Associat
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
Khan Marrauf Hossahi $145,000 Attorney
Black Bass 1 Llc $43,500 Attorney
Wells Fargo Bank National Association -- None Available
Chardt Michele L $80,000 --
Munroe Conway $33,000 --
Nationscredit Mortgage Corporation $36,800 --
Cove Place Property Owners Associat $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Marrauf Hossahi $108,750
Previous Owner Chardt Michele L $60,000
Previous Owner Cove Place Property Owners Associat $26,379
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $145,000 -3.3% $154 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $149,900 +244.6% $159 / Sq Ft
09/14/2015 09/14/15 Sold $43,500 -34.0% $46 / Sq Ft
08/15/2015 08/15/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $65,900 -- $70 / 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 $2,434 $159,506 -- --
2024 $2,202 $145,006 -- --
2023 $2,202 $131,824 $0 $0
2022 $1,994 $119,840 $63,000 $56,840
2021 $1,493 $82,681 $0 $0
2020 $1,378 $85,510 $38,000 $47,510
2019 $1,279 $79,810 $33,000 $46,810
2018 $1,088 $62,120 $18,000 $44,120
2017 $960 $57,560 $25,000 $32,560
2016 $878 $51,650 $18,000 $33,650
2015 $453 $44,670 $10,000 $34,670
2014 $453 $27,880 $10,000 $17,880
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ronald Schmidt

    E-Xpress Properties RE Inc

    (772) 260-9519

    3 in this area

    10 Total Sales

    Ronald Schmidt
    Section Image
  • Jason Flannery

    Buyer's Agent in 2021

    Jason Flannery

    Illustrated Properties LLC

    (561) 762-3272

    54 in this area

    258 Total Sales

    Jason Flannery
    Section Image
  • Michael Bradley

    Seller's Agent in 2015

    Michael Bradley

    Bradley & Associates Real Est

    (772) 343-7005

    62 Total Sales

    Michael Bradley
    Section Image
  • Josh Bradley

    Seller Co-Listing Agent in 2015

    Josh Bradley

    Bradley & Associates Real Est

    (772) 201-4129

    227 Total Sales

    Josh Bradley
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20028000

Martin County REALTORS® of the Treasure Coast

APN: 55-38-41-740-012-00010-6

Florida Martin County Stuart 34997

3551 SE Cobia Way, Stuart, FL

This home is located at 3551 SE Cobia Way, Stuart, FL 34997 since 23 February 2021 and is currently estimated at $237,651, approximately $251 per square foot. This property was built in 1981. 3551 SE Cobia Way is a home located in Martin County with nearby schools including Port Salerno Elementary School, Murray Middle School, and Martin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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