NOT LISTED FOR SALE

4517 SE Salvatori Rd Stuart, FL 34997

Estimated Value: $436,000 - $3,096,442

3 Beds
4 Baths
2,360 Sq Ft
$491/Sq Ft Est. Value

Last Sold February 16, 2016

Last sale price $186,250 $79 Per Sq Ft

Est. 522% increase in value since last sale

Current estimated payment $6,581/month

9 Days on Market

Highlights

  • Water Views
  • Central Heating and Cooling System
  • Fenced
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of February 2016

Terrific Opportunity to own a Spacious, Full Duplex. NEEDS TLC. 3 Bedrooms, 2 Baths Each Unit with Fenced Backyards. Public Utilities. Corner Lot with Beautiful Palms. Separate Concrete Driveways. Separate Water Meters. Located in a Growing Area in South Stuart. Long Term Tenants both on Lease(one Section 8). Close to Shops, Restaurants and not far from Downtown Stuart. 10-year Roof. Tile Floors Throughout both Units. Rental Demand is High in the Area with Little Inventory. Great Income Generating Property.

Last Agent to Sell the Property

Paul Portugal

Paradise Real Estate Intl License #3028821 Listed on: 01/07/2016

Paradise Real Estate Intl

Last Buyer's Agent

Claudio Moreira

Realty One Group Evolve License #3027930

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1981

Lot Details

  • Fenced

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,360 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Ceramic Tile Flooring
  • Water Views

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $20,400
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 363841011000005028

Community Details

Overview

  • 2 Units
  • Port Salerno Village Subdivision

Building Details

  • Operating Expense $1,000
  • Net Operating Income $20,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,006

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US-1 STUART SOUTH OF COVE, EAST ON VILLAGE; RIGHT ON MICHAEL DRIVE; LEFT ON SALVATORI ROAD (CORNER PROPERTY)
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2360.0
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 363841011000005028
  • Lot Size: 0.20
  • Zoning Description: RES

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 20400.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 1000.0
  • Total Actual Rent: 20400.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2006.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Feb 13, 2016
Sold by
Goertz Guenter and Goertz Claudia
Bought by
Holden Homes Inc
Seller's Agent
Paul Portugal
Paradise Real Estate Intl
Buyer's Agent
Claudio Moreira
Realty One Group Evolve
List Price
$199,900
Sold Price
$186,250
Premium/Discount to List
-$13,650
-6.83%
Current Estimated Value
$1,158,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$972,570
Avg. Annual Appreciation
20.29%

Purchase Details

Closed on
Dec 28, 2001
Sold by
Pruski Gregory P
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Nov 27, 2001
Sold by
Pruski Gregory P
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Dec 16, 1999
Sold by
Pruski Gregory P and Pruski Deena E
Bought by
Pruski Gregory P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.85%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 12, 1999
Sold by
Pruski Gregory P and Pruski Deena E
Bought by
Pruski Gregory P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1997
Sold by
Federal Home Loan Mortgage Corp
Bought by
Pruski Gregory P and Pruski Deena E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1995
Sold by
Edmonds Barbara L
Bought by
Bank United Of Texas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Holden Homes Inc $1,863,000 Patch Reef Titel Co Inc
Homeside Lending Inc -- --
Homeside Lending Inc -- --
Pruski Gregory P -- --
Pruski Gregory P -- --
Pruski Gregory P -- --
Pruski Gregory P $54,000 --
Bank United Of Texas $36,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bank United Of Texas $61,500
Previous Owner Bank United Of Texas $75,000
Previous Owner Bank United Of Texas $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $186,250 -6.8% $79 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $199,900 -- $85 / 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 $6,326 $327,431 -- --
2024 $5,888 $297,665 -- --
2023 $5,888 $270,605 $0 $0
2022 $5,182 $246,005 $0 $0
2021 $4,753 $223,641 $0 $0
2020 $4,177 $203,310 $120,000 $83,310
2019 $3,963 $196,390 $110,000 $86,390
2018 $3,580 $170,320 $90,000 $80,320
2017 $2,574 $153,080 $90,000 $63,080
2016 $2,557 $151,200 $74,000 $77,200
2015 $1,866 $81,600 $36,000 $45,600
2014 $1,866 $81,600 $22,000 $59,600
Source: Public Records

Agents Affiliated with this Home

  • Paul Portugal

    Seller's Agent in 2016

    Paul Portugal

    Paradise Real Estate Intl

    (561) 691-3751

    58 Total Sales

    Paul Portugal
    Section Image
  • Claudio Moreira

    Buyer's Agent in 2016

    Claudio Moreira

    Realty One Group Evolve

    (386) 343-0145

    54 Total Sales

    Claudio Moreira
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10196514

BeachesMLS (Greater Fort Lauderdale)

APN: 36-38-41-011-000-00502-8

Florida Martin County Stuart 34997

4517 SE Salvatori Rd, Stuart, FL

Not Listed for Sale

MultiFamily

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