NOT LISTED FOR SALE

Estimated Value: $543,000 - $776,000

2 Beds
2 Baths
900 Sq Ft
$420/mo HOA Fee

Last Sold October 01, 2018

Last sale price $450,000 $500 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,835/month

244 Days on Market

Highlights

  • Ocean Front
  • Golf Course Community
  • Furnished
  • Jensen Beach High School Rated A
  • Newly Remodeled
  • Community Pool

About This Home

As of October 2018

Enjoy wide water views and ocean horizons day and night from the sunny balcony of Pelican #1403, the Resort Villas at Indian River Plantation, on Hutchinson Island. This 2 BR/2 bath unit is updated inside and sold completely furnished - ready to enjoy or rent. This is a rare oceanfront community that allows weekly rentals - so the income potential is high. Along with the thrilling ocean/beach view from the 4th floor balcony, this apt. comes with some advance bookings. The Marriott's Ocean Club is an affordable option for family beach/golf/tennis fun, and there is a full service marina on site. Pelican #1403 is rented for winter 2018, just call for an appointment to see the wide blue water from this oceanfront penthouse.

Last Agent to Sell the Property

Jerome McWilliams

Water Pointe Realty Group License #344366 Listed on: 12/31/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1977 | Newly Remodeled

Lot Details

  • Ocean Front
  • Property fronts a county road

HOA Fees

  • $420 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 900 Sq Ft Home
  • 4-Story Property
  • Furnished

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, ground maintenance, maintenance structure, pest control, reserve fund, sewer, security, trash, water
  • 40 Units
  • Club Membership Available
  • Association Phone (772) 220-0005

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Elevator
  • Community Storage Space

Recreation

  • Golf Course Community
  • Community Pool
  • Park

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Hurricane or Storm Shutters

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,372

Year Built

Built in 1977 | Newly Remodeled

Lot Details

0

HOA Fees

$420 per month

Listing Details

  • Entry Level: 4
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 4
  • Subdivision Name: Resort Villas Condo 01 & 02 Irp
  • Year Built: 1977
  • Year Built Details: Preconstruction
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Interior Amenities: Tub Shower
  • Living Area: 900.0
  • Stories: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: Southeast
  • Exterior Features: Balcony, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Covered, Open
  • Pool Features: Community
  • Pool Private: No
  • Roof: Built-Up
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Common

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 420.0
  • Phone: 772-220-0005
  • Association: Yes
  • Community Features: Barbecue, Bicycle Storage, Club Membership Available, Elevator, Golf, Park, Pool, Street Lights, Trash Chute
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • Development Status: New Construction
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 5372.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 31, 2017
Closed on
Sep 28, 2018
Sold by
Maxwell Judith
Bought by
Navarro Jose E and Medina Lissa L
Seller's Agent
Jerome McWilliams
Water Pointe Realty Group
List Price
$470,000
Sold Price
$450,000
Premium/Discount to List
-$20,000
-4.26%
Current Estimated Value
$665,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$215,661
Avg. Annual Appreciation
6.16%
Original Mortgage
$405,000
Outstanding Balance
$354,631
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$323,590

Purchase Details

Closed on
Apr 1, 2005
Sold by
Maxwell Dewitt Jackson
Bought by
Maxwell Judith

Purchase Details

Closed on
Feb 9, 2000
Sold by
Spelman Richard P and Spelman Patricia A
Bought by
Maxwell Dewitt J

Purchase Details

Closed on
Aug 1, 1986
Bought by
Maxwell Judith
Source: Public Records

Range of Values:

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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
Navarro Jose E $450,000 Capital Abstract & Title
Maxwell Judith -- --
Maxwell Dewitt J $183,400 --
Maxwell Judith $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Navarro Jose E $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $450,000 -4.3% $500 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
12/31/2017 12/31/17 For Sale $470,000 0.0% $522 / Sq Ft
04/25/2012 04/25/12 Rented -- -- --
03/26/2012 03/26/12 Under Contract -- -- --
09/01/2011 09/01/11 For Rent -- -- --
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 $9,234 $578,319 -- --
2024 $9,026 $525,745 -- --
2023 $9,026 $477,950 $0 $0
2022 $7,805 $434,500 $0 $0
2021 $6,939 $395,000 $0 $395,000
2020 $6,595 $373,000 $0 $0
2019 $6,679 $373,000 $0 $0
2018 $5,941 $340,000 $0 $0
2017 $5,372 $335,000 $0 $0
2016 $4,759 $281,000 $0 $281,000
2015 $3,746 $267,000 $0 $267,000
2014 $3,746 $225,000 $0 $225,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20009014

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-002-001-04030-1