NOT LISTED FOR SALE

429 NE Tradewind Ln Unit 2208 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $524,000 - $772,000

2 Beds
2 Baths
900 Sq Ft
$475/mo HOA Fee

Last Sold August 31, 2016

Last sale price $405,000 $450 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,588/month

70 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Elevator
  • Jensen Beach High School Rated A
  • Community Pool
  • Porch

About This Home

As of August 2016

Two bedroom direct oceanfront condo on one of the finest beaches along the Treasure Coast! The balcony offers "lots of space" - perfect for entertaining and enjoying your morning coffee while experiencing the glorious sunrise across the beautiful blue sea! You will enjoy ocean views from the master suite and living areas. Perfect for a holiday retreat, second home or year round enjoyment with close proximity to the resort amenities. The optional Ocean Club membership is available for tennis, golf & social memberships. Activities include kayaking, fishing, sailing, boating, plus there is a 77 slip full service marina with easy ocean access. This condo is sold furnished (personal items excluded). Excellent rental potential. As is with right to inspect

Last Agent to Sell the Property

William Quinn

Berkshire Hathaway Florida Realty License #165542 Listed on: 05/25/2016

Berkshire Hathaway Florida Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,715

Year Built

  • Built in 1977

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 900 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Porch

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, pest control, recreation facilities, sewer, security, trash, water

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,715

Year Built

Built in 1977

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Co List Office Mls Id: 279000060
  • Co List Office Phone: 772-283-2800
  • Directions: IRP entrance, Left on NE Plantation Rd, bear R onto Tradewinds, Bldg on Left "Spoonbill"
  • Entry Level: 2
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Subdivision Name: RESORT VILLAS CONDO 01 & 02 IRP
  • Year Built: 1977
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Split Bedrooms
  • Living Area: 900.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete
  • Direction Faces: West
  • Exterior Features: Porch
  • Patio And Porch Features: Open, Porch
  • Pool Features: Community
  • Roof: Metal
  • View: Ocean
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Guest

Utilities

  • Cooling: Ceiling Fan(s)
  • Laundry Features: Common Area

Condo/Co-op/Association

  • Amenities: Bike Storage
  • Association Fee: 475.0
  • Community Features: Barbecue, Elevator, Laundry Facilities, Pool, Trash Chute
  • Pets Allowed: Pet Restrictions, Size Limit
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Pest Control, Recreation Facilities, Sewer, Security, Trash, Water

Lot Info

  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3715.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Aug 31, 2016
Sold by
Scherman Ricahrd F and Scherman Renee
Bought by
Mitchell Alfredo J and Mitchell Beatriz E
Seller's Agent
William Quinn
Berkshire Hathaway Florida Realty
List Price
$450,000
Sold Price
$405,000
Premium/Discount to List
-$45,000
-10%
Current Estimated Value
$629,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,398
Avg. Annual Appreciation
6.13%

Purchase Details

Closed on
Aug 1, 1997
Sold by
Duffield Evelyn P
Bought by
Scherman Richard F and Scherman Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,800
Interest Rate
7.61%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 1, 1978
Bought by
Scherman Richard F and Scherman Renee
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
Mitchell Alfredo J $405,000 None Available
Scherman Richard F $136,000 --
Scherman Richard F $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherman Richard F $108,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $405,000 -10.0% $450 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $450,000 -- $500 / 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 $8,008 $499,258 -- --
2024 $7,666 $453,871 -- --
2023 $7,666 $412,610 $0 $0
2022 $6,636 $375,100 $0 $0
2021 $5,990 $341,000 $0 $341,000
2020 $5,800 $328,000 $0 $0
2019 $5,873 $328,000 $0 $0
2018 $5,878 $330,000 $0 $0
2017 $5,578 $325,000 $0 $0
2016 $3,689 $253,764 $0 $0
2015 $3,501 $252,000 $0 $0
2014 $3,501 $250,000 $0 $250,000
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    William Quinn

    Berkshire Hathaway Florida Realty

    (772) 530-5458

    11 in this area

    22 Total Sales

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M388415

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-002-002-02080-2

Florida Martin County Stuart 34996 South Hutchinson Island

429 NE Tradewind Ln Unit 2208, Stuart, FL

This home is located at 429 NE Tradewind Ln Unit 2208, Stuart, FL 34996 since 25 May 2016 and is currently estimated at $614,198, approximately $682 per square foot. This property was built in 1977. 429 NE Tradewind Ln Unit 2208 is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach High School.

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Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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