NOT LISTED FOR SALE

4228 SE Rainbows End Stuart, FL 34997

Estimated Value: $1,010,000 - $1,115,000

4 Beds
3.5 Baths
2,870 Sq Ft
$372/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $1,125,000 $392 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,683/month

2 Days on Market

Highlights

  • Screened Pool
  • Florida Architecture
  • Screened Porch
  • RV Access or Parking
  • Cathedral Ceiling
  • Formal Dining Room

About This Home

As of May 2022

Welcome to this beautiful Key West style home located in sought after Rainbows Cove in Rocky Point! Open the pocket sliding glass doors and enjoy the breezes on this private preserve looking over the screened in saltwater pool with solar heat. True 4 bedroom, with an office/study, 3 1/2 bathrooms home with an oversized 2 car garage and separate oversized 1 car garage home that is situated on a private cul de sac. 2022 Pool pump, 2018 metal roof, 2019 A/C units 4 ton and 2 ton. There are so many options including a mother-in -law living with a private entrance, or a super spacious area for an extended family, or a very secluded work from home space that is completely out of the way of daily living. This home has been renovated with so many updates and options that you simply must see for yourself! Walking distance to Maggie Hammock Park overlooking the water and near waterfront dining and shopping! Come see for yourself all that Rocky Point has to offer!

Last Agent to Sell the Property

Jason Flannery

Illustrated Properties LLC License #3053611 Listed on: 04/27/2022

Illustrated Properties LLC

Last Buyer's Agent

Richard Mckinney

RE/MAX Gold License #671006

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,534

Year Built

  • Built in 1995

Lot Details

  • 0.41 Acre Lot
  • Cul-De-Sac

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,870 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Shutters
  • Formal Dining Room
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Parking

  • 3 Car Attached Garage
  • Side or Rear Entrance to Parking
  • RV Access or Parking
  • 1 to 5 Parking Spaces

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Saltwater Pool

Schools

  • Port Salerno Elementary School
  • Murray Middle School
  • South Fork High School

Utilities

  • Central Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,534

Year Built

Built in 1995

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Architectural Style: Florida
  • Directions: US HWY 1 to Cove Road. Turn East onto Cove Road. Turn left onto Manatee Cove. Turn right onto Horseshoe Point. Turn left onto Rainbows End.
  • Garage Yn: Yes
  • Lot Size Acres: 0.414
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Rainbow Cove
  • Year Built: 1995
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2870.0
  • Stories: 1
  • Window Features: Shutters
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: Southwest
  • Exterior Features: Porch, Storm/Security Shutters
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Open, Porch, Screened
  • Pool Features: Heated, In Ground, Screen Enclosure, Solar Heat, Salt Water
  • Pool Private: Yes
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Boat, Garage, Rear/Side/Off Street, RV Access/Parking, Two Spaces
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 8.0
  • Association: Yes
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Port Salerno
  • High School: South Fork
  • Middle Or Junior School: Murray

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5534.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Dirusso Lawrence Russell and Dirusso Amy Korpeck
Bought by
Dirusso Lawrence Russell and Dirusso Amy Korpeck
Current Estimated Value
$1,066,887

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 16, 2022
Sold by
Belichick John F and Belichick Candace L
Bought by
Dirusso Lawrence Russell and Dirusso Amy Korpeck
Seller's Agent
Jason Flannery
Illustrated Properties LLC
Buyer's Agent
Richard Mckinney
RE/MAX Gold
List Price
$900,000
Sold Price
$1,125,000
Premium/Discount to List
$225,000
25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.44%

Purchase Details

Listed on
Oct 7, 2013
Closed on
Jun 20, 2014
Sold by
Clasen William F and Clasen Melissa J
Bought by
Belichick John F and Belichick Candace L
Seller's Agent
Debra Sopko
Water Pointe Realty Group
Buyer's Agent
Jill Keegan
EXP Realty LLC
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.29%

Purchase Details

Closed on
May 13, 1995
Sold by
Cook Theodore W and Cook Loretta A
Bought by
Clasen William F and Powell Melissa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,400
Interest Rate
8.38%

Purchase Details

Closed on
Jul 14, 1989
Bought by
Belichick John F and Belichick Candace L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dirusso Lawrence Russell $100 None Listed On Document
Dirusso Lawrence Russell $100 None Listed On Document
Dirusso Lawrence Russell $1,125,000 New Title Company Name
Belichick John F $365,000 Attorney
Clasen William F $40,000 --
Belichick John F $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clasen William F $131,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $1,125,000 +25.0% $392 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $900,000 +146.6% $314 / Sq Ft
06/20/2014 06/20/14 Sold $365,000 -8.7% $127 / Sq Ft View Prior Sale
05/21/2014 05/21/14 Pending -- -- --
10/07/2013 10/07/13 For Sale $399,900 -- $139 / 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 $13,163 $809,410 $225,000 $584,410
2024 $12,974 $816,140 $816,140 $591,140
2023 $12,974 $793,930 $793,930 $568,930
2022 $5,519 $348,334 $0 $0
2021 $5,534 $338,189 $0 $0
2020 $5,424 $333,520 $0 $0
2019 $5,338 $326,021 $0 $0
2018 $5,207 $319,942 $0 $0
2017 $4,593 $313,361 $0 $0
2016 $4,843 $306,915 $0 $0
2015 $5,407 $304,782 $0 $0
2014 $5,407 $311,860 $94,500 $217,360
Source: Public Records

Agents Affiliated with this Home

  • Jason Flannery

    Seller's Agent in 2022

    Jason Flannery

    Illustrated Properties LLC

    (561) 762-3272

    57 in this area

    258 Total Sales

    Jason Flannery
    Section Image
  • Richard Mckinney

    Buyer's Agent in 2022

    Richard Mckinney

    RE/MAX

    (772) 370-8631

    10 in this area

    926 Total Sales

    Richard Mckinney
    Section Image
  • Debra Sopko

    Seller's Agent in 2014

    Debra Sopko

    Water Pointe Realty Group

    (772) 215-2249

    2 in this area

    54 Total Sales

    Debra Sopko
    Section Image

  • J

    Buyer's Agent in 2014

    Jill Keegan

    EXP Realty LLC

    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20034110

Martin County REALTORS® of the Treasure Coast

APN: 49-38-41-500-000-00180-8

Florida Martin County Stuart 34997

4228 SE Rainbows End, Stuart, FL

Not Listed for Sale

Detached

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