NOT LISTED FOR SALE

3580 SE Cobia Way Stuart, FL 34997

Estimated Value: $226,000 - $278,000

2 Beds
2 Baths
944 Sq Ft
$260/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $167,000 $177 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,824/month

28 Days on Market

Highlights

  • Water Views
  • Sun or Florida Room
  • Porch
  • Martin County High School Rated A-
  • Great Room
  • Open Patio

About This Home

As of August 2021

Fantastic opportunity in Beautiful Stuart! This one level Villa is move in ready, from the time you walk into your private courtyard patio an though the front door you will be impressed! Neutral ceramic tile running throughout the unit neutral colors in the kitchen and baths giving you a blank palate to create your own masterpiece. Plus you have a full size washer and dryer! The HOA covers the building exterior - units have metal roofs! lawn and the common areas for only $175 per month! Hurry and see this one just off of Federal Hwy so minutes to the beach and walking distance to restaurants, shops and amenities!

Last Agent to Sell the Property

Lisa Crovato

RE/MAX Gold License #0691937 Listed on: 07/31/2021

Co-Listed By

Nikki Crovato

RE/MAX Gold License #3322124

Last Buyer's Agent

Kevin Kent

KW Reserve License #504641

KW Reserve

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,426

Year Built

  • Built in 1981

Lot Details

  • 1,393 Sq Ft Lot
  • Fenced

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Villa
  • Metal Roof

Interior Spaces

  • 944 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Windows
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Water Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include common areas, insurance, ground maintenance, trash
  • Cove Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 553841740004000103

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,426

Year Built

Built in 1981

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Condominium,Villa
  • Directions: Cove Rd to Federal Hwy North to 3rd street on the right Hydrangea turn right (east) to Cobia Way.
  • Year Built: 1981
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile
  • Living Area: 944.0
  • Dining Room Type: Great Room, Laundry, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Fence, Porch, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175.0
  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Trash

Lot Info

  • Parcel #: 553841740004000103
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1393.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1426.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2021
Closed on
Aug 31, 2021
Sold by
Gibson Frank L and Scott Melissa A
Bought by
Martinez Mark D and Laurito Martinez Allison
Seller's Agent
Lisa Crovato
RE/MAX Gold
Buyer's Agent
Kevin Kent
KW Reserve
List Price
$169,000
Sold Price
$167,000
Premium/Discount to List
-$2,000
-1.18%
Current Estimated Value
$257,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,531
Avg. Annual Appreciation
11.29%
Original Mortgage
$162,011
Outstanding Balance
$147,848
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$107,193

Purchase Details

Closed on
May 22, 2018
Sold by
Gibson Frank L
Bought by
Gibson Frank L and Frank L Gibson Revocable Trust

Purchase Details

Closed on
Aug 17, 2016
Sold by
Johnson Harry W
Bought by
Gibson Ecank L

Purchase Details

Closed on
Apr 3, 2009
Sold by
Multiple Owners
Bought by
Johnson Harry W

Purchase Details

Closed on
Dec 19, 2008
Sold by
Johnson Paul A
Bought by
Johnson Harry W

Purchase Details

Closed on
Jan 31, 2000
Sold by
Mosca Mosca E and Mosca Linda F
Bought by
Johnson Paul A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Martinez Mark D $167,000 Attorney
Gibson Frank L -- Attorney
Gibson Ecank L -- None Available
Johnson Harry W $100 --
Johnson Harry W -- None Available
Johnson Paul A $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Mark D $162,011
Previous Owner Johnson Paul A $54,477
Previous Owner Johnson Paul A $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $167,000 -1.2% $177 / Sq Ft
08/02/2021 08/02/21 For Sale $169,000 -- $179 / 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 $2,864 $188,801 -- --
2024 $2,632 $171,638 -- --
2023 $2,632 $156,035 $0 $0
2022 $2,360 $141,850 $63,000 $78,850
2021 $1,545 $85,836 $0 $0
2020 $1,426 $88,050 $38,000 $50,050
2019 $1,324 $82,320 $33,000 $49,320
2018 $1,129 $64,490 $18,000 $46,490
2017 $996 $59,220 $25,000 $34,220
2016 $694 $52,120 $18,000 $34,120
2015 $453 $44,670 $10,000 $34,670
2014 $453 $27,880 $10,000 $17,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10735418

BeachesMLS

APN: 55-38-41-740-004-00010-3