NOT LISTED FOR SALE

4281 Rigels Cove Way Jensen Beach, FL 34957

South Hutchinson Island Neighborhood

Estimated Value: $2,690,000 - $3,216,000

0.37 Acre
$7,750,404 Price per Acre
16,117 Sq Ft Lot

Last Sold September 28, 2021

Last sale price $758,000

Est. 278% increase in value since last sale

Current estimated payment $17,409/month

130 Days on Market

Highlights

  • Beach Front
  • Jensen Beach High School Rated A
  • Paved or Partially Paved Lot

About This Lot

As of September 2021

Only 1 left! Last opportunity to build your custom, waterfront home in gated Sailfish Cove, located on Hutchinson Island in Martin County. Parcel features a protected, deep-water canal and private dock for the boat. Enjoy a morning stroll to the beach just across the street, soak in the sun-kissed views of the Intracoastal and finish off the day with a breath-taking sunset and a glass of wine. Minutes from Jensen Beach and Downtown Stuart. Life is better by the water, what are you waiting for?

Last Agent to Sell the Property

Craig Lawrence

Partnership Realty Inc. License #3432960 Listed on: 04/20/2021

Partnership Realty Inc.

Last Buyer's Agent

Deborah Marchant

Water Pointe Realty Group License #55500

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,761

Year Built

  • 2023

Lot Details

  • 0.37 Acre Lot
  • Beach Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned resdenti

HOA Fees

  • $333 Monthly HOA Fees

Community Details

  • Rigels Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 133741004000000906

Property Details

Property Type

Land

Est. Annual Taxes

$5,761

Year Built

2023

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Jensen Beach Causeway east over the bridge Go Right at the roundabout . Property on the right about 1 mile.
  • Special Features: VirtualTour
  • Year Built (Public Record): 2023

Exterior Features

  • Lot Features: Beach Front
  • Road Surface Type: Paved
  • Waterfront: Yes

Condo/Co-op/Association

  • Association Fee: 333.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 133741004000000906
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 16117.0
  • Zoning Description: resdenti
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5761.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2021
Closed on
Sep 24, 2021
Sold by
Johnson Richard R and Johnson Christine M
Bought by
Landry John C and Landry Lisa M
Seller's Agent
Craig Lawrence
Partnership Realty Inc.
Buyer's Agent
Deborah Marchant
Water Pointe Realty Group
List Price
$750,000
Sold Price
$758,000
Premium/Discount to List
$8,000
1.07%
Total Days on Market
130
Current Estimated Value
$2,867,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,109,614
Avg. Annual Appreciation
43.11%

Purchase Details

Closed on
Aug 24, 2007
Sold by
J E Crawford Realty Llc
Bought by
Johnson Richard R and Johnson Christine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
6.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 25, 2005
Sold by
Rigel Robert P
Bought by
Je Crawford Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2005
Sold by
White James O
Bought by
Belcher Bradley G and Belcher Gwendoline R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2002
Sold by
Rigel Robert P
Bought by
Weekley Donald and Weekley Mary

Purchase Details

Closed on
Mar 26, 1991
Bought by
Johnson Richard R and Johnson Christine M
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
Landry John C $758,000 Anchor Land Title Inc
Johnson Richard R $522,500 Attorney
Je Crawford Realty Llc $525,000 --
Belcher Bradley G $129,000 Gardens Title Inc
Weekley Donald $200,000 --
Johnson Richard R $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landry John C $1,200,000
Previous Owner Johnson Richard R $418,000
Previous Owner Belcher Bradley G $116,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $758,000 +1.1% --
08/29/2021 08/29/21 Pending -- -- --
04/20/2021 04/20/21 For Sale $750,000 -- --
Source: BeachesMLS

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 $11,739 $1,765,560 $1,765,560 $965,560
2023 $11,739 $662,376 $0 $0
2022 $10,162 $602,160 $595,000 $7,160
2021 $6,195 $347,257 $0 $0
2020 $5,761 $343,480 $337,500 $5,980
2019 $5,139 $286,990 $281,250 $5,740
2018 $4,778 $268,240 $262,500 $5,740
2017 $4,611 $268,690 $262,500 $6,190
2016 $4,470 $266,660 $262,500 $4,160
2015 $3,493 $265,860 $262,500 $3,360
2014 $3,493 $209,830 $206,250 $3,580
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Craig Lawrence

    Partnership Realty Inc.

    (772) 228-2111

    1 in this area

    14 Total Sales

    Craig Lawrence
    Section Image

  • D

    Buyer's Agent in 2021

    Deborah Marchant

    Water Pointe Realty Group

    (561) 346-0690

    1 in this area

    9 Total Sales

    Deborah Marchant
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10709755

BeachesMLS

APN: 13-37-41-004-000-00090-6

Florida Martin County Jensen Beach 34957 South Hutchinson Island

4281 Rigels Cove Way, Jensen Beach, FL

This home is located at 4281 Rigels Cove Way, Jensen Beach, FL 34957 since 20 April 2021 and is currently estimated at $2,867,614. This property was built in 2023. 4281 Rigels Cove Way is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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