NOT LISTED FOR SALE

4120 NE Indian River Dr Jensen Beach, FL 34957

Estimated Value: $388,000 - $540,000

2 Beds
1 Bath
996 Sq Ft
$465/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $530,000 $532 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $2,956/month

Highlights

  • Property has ocean access
  • Beach
  • 0.65 Acre Lot
  • Jensen Beach Elementary School Rated A-
  • River View
  • Florida Architecture

About This Home

As of April 2022

Location, Location, Location. Just under 3/4 of an acre overlooking the beautiful Indian river lagoon with ocean access. Wide water views for miles. Your very own private beach area on the intracoastal water way, there used to be a dock in place but has been removed. A new dock may be permitted, including Riparian Rights with 250 feet into Indian River Lagoon/Intracoastal Water Way. Property includes a charming 2 bedroom 1 bath cottage with original Miami Dade pine and detached garage that was an efficiency with a bathroom. Kitchen has all wood Schrock cabinets with stainless steel appliances and a double oven. New central A/C in 2016, Hotwater heater 2019, Metal roof 2019 with membrane replaced, Well pump 2018 and Expansion tank 2019. Zoned R3 Residential/Limited Commercial Property has multiple uses, up to 3 buildings may be built and rented, no HOA. Please confirm with martin county growth department. Walking distance to Conchy Joes, downtown Jensen Beach, beaches are 3 min away.

Last Agent to Sell the Property

Jim Coble

Realty One Group Engage License #3169696 Listed on: 02/05/2022

Realty One Group Engage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1953

Lot Details

  • 0.65 Acre Lot
  • East Facing Home

Parking

  • 1 Car Detached Garage

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • River Views
  • Electric Range

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Property has ocean access
  • Access To Intracoastal Waterway
  • River Access

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association

Recreation

  • Beach

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,752

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Architectural Style: Florida
  • Garage Yn: Yes
  • Lot Size Acres: 0.65
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Gaines Estates
  • Year Built: 1953
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 996.0
  • Stories: 1

Exterior Features

  • Construction Type: Frame
  • Direction Faces: East
  • Pool Private: No
  • Roof: Metal
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Intracoastal Access, Ocean Access, River Access, Beach Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 1.0

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Beach
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1752.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Mar 31, 2022
Sold by
Lucius Thomas S and Lucius Heather L
Bought by
Cesario & Sons Inc
Seller's Agent
Jim Coble
Realty One Group Engage
List Price
$549,000
Sold Price
$530,000
Premium/Discount to List
-$19,000
-3.46%
Current Estimated Value
$463,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,474
Avg. Annual Appreciation
-3.67%

Purchase Details

Listed on
Sep 28, 2015
Closed on
Mar 25, 2016
Sold by
Davis Lynne A
Bought by
Lucius Thomas S and Lucius Heather L
Seller's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
Buyer's Agent
Katelin Drugas
Compass Florida LLC
List Price
$199,999
Sold Price
$199,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$205,643
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2011
Sold by
Aldom Dorothy
Bought by
Lucius Thomas S and Lucius Heather L

Purchase Details

Closed on
Jul 8, 2002
Sold by
Robinson Mark Gary and Domanico Linda M
Bought by
Davis Lynne A and Aldom Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.5%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Robinson Mark G
Bought by
Domanico Linda M and Robinson Mark G

Purchase Details

Closed on
Oct 6, 1993
Sold by
Sanborn Russell H
Bought by
Sanborn Gordon D

Purchase Details

Closed on
Oct 4, 1993
Sold by
Sanborn Malcolm A
Bought by
Sanborn Gordon D
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
Cesario & Sons Inc $530,000 Ally Parker Brown Title
Lucius Thomas S $200,000 Progressive Title Solutions
Lucius Thomas S $100 --
Davis Lynne A $249,900 --
Domanico Linda M $100 --
Sanborn Gordon D -- --
Sanborn Gordon D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lucius Thomas S $205,643
Previous Owner Davis Lynne A $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $530,000 -3.5% $532 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $549,000 +174.5% $551 / Sq Ft
03/25/2016 03/25/16 Sold $199,999 0.0% $201 / Sq Ft View Prior Sale
03/25/2016 03/25/16 Sold $199,999 0.0% $201 / Sq Ft View Prior Sale
02/24/2016 02/24/16 Pending -- -- --
02/24/2016 02/24/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $199,999 0.0% $201 / Sq Ft
08/27/2015 08/27/15 For Sale $199,999 -- $201 / 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 $6,211 $346,220 $324,040 $22,180
2024 $5,887 $350,920 $350,920 $22,180
2023 $5,887 $327,540 $327,540 $22,190
2022 $1,773 $123,111 $0 $0
2021 $1,752 $119,526 $0 $0
2020 $1,661 $117,876 $0 $0
2019 $1,634 $115,226 $0 $0
2018 $1,590 $113,078 $0 $0
2017 $2,745 $162,450 $144,690 $17,760
2016 $2,516 $155,430 $136,650 $18,780
2015 $2,490 $102,680 $93,810 $8,870
2014 $2,490 $134,180 $121,060 $13,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20032902

Martin County REALTORS® of the Treasure Coast

APN: 15-37-41-004-005-00050-8