NOT LISTED FOR SALE

397 SE Tejon St Stuart, FL 34994

Downtown Stuart Neighborhood

Estimated Value: $278,265 - $505,000

2 Beds
2 Baths
1,440 Sq Ft
$287/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $90,785 $63 Per Sq Ft

Est. 355% increase in value since last sale

Current estimated payment $2,541/month

106 Days on Market

Highlights

  • Terrazzo Flooring
  • Central Heating and Cooling System
  • Fenced
  • Jensen Beach High School Rated A

About This Home

As of March 2015

GREAT INVESTMENT OPPORTUNITY! FULL DUPLEX WITH BOTH SIDES RENTED! IDENTICAL 2/1 ON EACH SIDE IN CENTRAL STUART NEAR MARTIN COUNTY HIGH SCHOOL. NEW TENANT AT $750 PER MONTH, PROIOR TENANT AT $600. CURRENT GROSS ANNUAL INCOME OF $16,200. NEWER A/C s. TERRAZZO FLOORS! QUIET DEAD-END STREET! LARGE YARD WITH NICE TREES. GOOD CONDITION, HOWEVER, BEING SOLD ''AS IS'' WITH INSPECTIONS WELCOMED. MUST SUBMIT ACCEPTABLE CONTRACT WITH RIGHT TO CANCEL PRIOR TO VIEWING.

Last Agent to Sell the Property

Michael M.

The Keyes Company - Stuart License #3091014 Listed on: 11/07/2014

Last Buyer's Agent

Stephen Dutcher

Illustrated Properties/Sewalls License #393825

Illustrated Properties/Sewalls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,815

Year Built

  • Built in 1960

Lot Details

  • 7,492 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 093841006005000419

Community Details

Overview

  • 2 Units
  • Monterey Subdivision

Building Details

  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,815

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US 1 to Monterey west to intersection of Willoughby and Monterey Take a right at light on to Alahambra. North to Tejon left duplex on the right
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1440.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 093841006005000419
  • Current Use: Farm
  • Lot Size: 70X
  • Lot Size Sq Ft: 7492.0
  • Zoning Description: Resident

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 12000.0
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1815.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2021
Sold by
Todorova Galina S and Mihaylov Vasil
Bought by
397 Se Tejon Llc
Current Estimated Value
$413,422

Purchase Details

Closed on
Mar 24, 2016
Sold by
Sheets Carleton H and Mihaylov Vasil
Bought by
Mihaylov Vasil and Todorova Galina S

Purchase Details

Listed on
Nov 7, 2014
Closed on
Mar 23, 2015
Sold by
Real Property Solutions Group Iii Llc
Bought by
Sheets Carleton H and Mihaylov Vasil
Seller's Agent
Michael M.
The Keyes Company - Stuart
Buyer's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
List Price
$119,500
Sold Price
$90,785
Premium/Discount to List
-$28,715
-24.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.07%

Purchase Details

Closed on
Dec 16, 2013
Sold by
Panzera Philip
Bought by
Real Property Solutions Group Iii Llc

Purchase Details

Closed on
Oct 28, 2003
Sold by
Manthe Roger M
Bought by
Panzera Phil and Panzera Lucia D

Purchase Details

Closed on
Mar 29, 2001
Sold by
His Properties C
Bought by
Manthe Roger M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,529
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2001
Sold by
His Properties C
Bought by
Manthe Roger M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,529
Interest Rate
7.02%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 1997
Sold by
Walker Bryant H and Hartman Eric R
Bought by
His Properties Lc
Source: Public Records
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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
397 Se Tejon Llc -- Accommodation
Mihaylov Vasil -- Attorney
Sheets Carleton H $90,800 First International Title
Real Property Solutions Group Iii Llc $50,100 None Available
Panzera Phil $100,000 --
Manthe Roger M -- --
Manthe Roger M $60,000 --
His Properties Lc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner His Properties Lc $59,529
Previous Owner His Properties Lc $59,529
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $90,785 -24.0% $63 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
11/07/2014 11/07/14 For Sale $119,500 -- $83 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,567 $243,865 -- --
2024 $4,226 $221,696 -- --
2023 $4,226 $201,542 $0 $0
2022 $3,866 $183,220 $19,000 $164,220
2021 $3,047 $119,790 $0 $0
2020 $2,699 $134,400 $17,000 $117,400
2019 $2,529 $120,960 $17,000 $103,960
2018 $2,194 $90,000 $17,000 $73,000
2017 $1,393 $82,800 $15,000 $67,800
2016 $1,893 $75,600 $12,000 $63,600
2015 -- $69,300 $12,000 $57,300
2014 -- $52,800 $10,500 $42,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Michael M.

    The Keyes Company - Stuart

    (772) 475-9349

    2 in this area

    2 Total Sales

    Michael M.
    Section Image
  • Stephen Dutcher

    Buyer's Agent in 2015

    Stephen Dutcher

    Illustrated Properties/Sewalls

    (772) 419-0340

    17 in this area

    147 Total Sales

    Stephen Dutcher
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10087084

BeachesMLS (Greater Fort Lauderdale)

APN: 09-38-41-006-005-00041-9

Florida Martin County Stuart 34994 Downtown Stuart

397 SE Tejon St, Stuart, FL

Not Listed for Sale

MultiFamily

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