NOT LISTED FOR SALE

Estimated Value: $136,000 - $606,262

0.13 Acre
$3,107,101 Price per Acre
5,619 Sq Ft Lot

Last Sold June 27, 2016

Last sale price $15,000 $2 Per Sq Ft

Est. 2,572% increase in value since last sale

Current estimated payment $2,605/month

451 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Gated Community
  • Zero Lot Line

About This Lot

As of June 2016

Cleared, Filled, and ready to build on lot that backs up to natural preserve. This 0.15 acre vacant lot is amidst the gated community of Ravello. This lot is free of any back taxes and is current on Association fees. Featuring Floor plans by Arthur Rutenberg Homes; a Premier Estate Builder and Designer of the Most Luxury Homes in the State of Florida and thru-out the United States. Close proximity to shopping, dining, and beaches. Membership at Tesoro Golf Club Required. All Size, Tax, HOA Approximate

Last Listed By

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 03/11/2015

Waterfront Properties Inc

Property Details

Property Type

  • Land

Year Built

  • 2014

Lot Details

  • Lot Dimensions are 40x140
  • Home fronts a lagoon or estuary
  • Property fronts a private road
  • Northeast Facing Home
  • Zero Lot Line

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • 6,534 Sq Ft Home

Utilities

  • Underground Utilities
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 100

Community Details

Overview

  • Association fees include ground maintenance, recreation facilities, reserve fund, security

Security

  • Gated Community

Property Details

Property Type

Land

Year Built

2014

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Co List Office Mls Id: 279000330
  • Co List Office Phone: 772-287-7676
  • Directions: WESTMORELAND ENTRANCE TO VIA SANGRO LOT ON RIGHT
  • Lot Size: 40X140
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: TESORO PRESERVE 02 RAVELLO PORT ST. LUCIE
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built (Public Record): 2014

Interior Features

  • Living Area: 6534.0

Exterior Features

  • Direction Faces: Northeast
  • Lot Features: Zero Lot Line
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Utilities

  • Sewer: Other, Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Septic Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Association Fee: 300.0
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Lot Info

  • Development Status: Other
  • Zoning Description: r-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1494.0
  • Tax Lot: 100
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2015
Closed on
May 19, 2016
Sold by
Florida Midwest Investments Llc
Bought by
Ravello Development Llc
Seller's Agent
Adam Brown
Waterfront Properties Inc
Buyer's Agent
Adam Brown
Waterfront Properties Inc
List Price
$6,500
Sold Price
$15,000
Premium/Discount to List
$8,500
130.77%
Total Days on Market
451
Current Estimated Value
$400,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,816
Avg. Annual Appreciation
44.65%

Purchase Details

Closed on
Mar 4, 2005
Sold by
Ginn La Wilderness Ltd Lllp
Bought by
Florida Midwest Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,084
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

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
Ravello Development Llc $45,000 None Available
Florida Midwest Investments Llc $219,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Florida Midwest Investments Llc $500,000
Previous Owner Florida Midwest Investments Llc $216,084
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Sold $15,000 +130.8% $2 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
03/04/2015 03/04/15 For Sale $6,500 -- $1 / 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
2024 $865 $43,500 $43,500 --
2023 $865 $41,900 $41,900 $0
2022 $2,082 $52,500 $52,500 $0
2021 $1,909 $27,700 $27,700 $0
2020 $1,870 $25,800 $25,800 $0
2019 $1,846 $25,800 $25,800 $0
2018 $1,750 $18,200 $18,200 $0
2017 $1,712 $16,000 $16,000 $0
2016 $1,538 $16,000 $16,000 $0
2015 $1,519 $14,500 $14,500 $0
2014 $1,502 $5,324 $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: M381070

Martin County REALTORS® of the Treasure Coast

APN: 44-14-600-0107-0005