NOT LISTED FOR SALE

4948 SE Isabelita Ave Stuart, FL 34997

Estimated Value: $261,904 - $554,000

3 Beds
3 Baths
2,245 Sq Ft
$185/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $152,000 $68 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $2,727/month

53 Days on Market

Highlights

  • Water Views
  • Wood Flooring
  • 2 Car Garage
  • Martin County High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of January 2016

Investor Special! Finishing touches are being put on this unique triplex. Large 1st floor 2/1 unit with 2 car garage. Other two units are true 1/1 (not studio). Total gross market rent is at least $2100/mo. which should net a cap rate of over 9%.

Last Agent to Sell the Property

Mark Hamilton

Real Estate of Florida Broward County Inc. License #3238020 Listed on: 11/06/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1980

Lot Details

  • 0.39 Acre Lot

Parking

  • 2 Car Garage

Home Design

  • Triplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,245 Sq Ft Home
  • 2-Story Property
  • Water Views

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $25,200
  • Assessor Parcel Number 513841001166001102

Community Details

Overview

  • 3 Units
  • Port Salerno Subdivision

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $9,400
  • Net Operating Income $15,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,768

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Salerno Rd to Isabelita Ave. North to 4948 on left.
  • Year Built: 1980
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Living Area: 2245.0

Exterior Features

  • View: Other, Water
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Size Limit

Lot Info

  • Parcel #: 513841001166001102
  • Lot Size Sq Ft: 16857.0
  • Zoning Description: R
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 15790.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 9400.0
  • Total Actual Rent: 25200.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1768.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Jan 29, 2016
Sold by
Poller Karen
Bought by
Beigel Alan D
Seller's Agent
Mark Hamilton
Real Estate of Florida Broward County Inc.
List Price
$174,800
Sold Price
$152,000
Premium/Discount to List
-$22,800
-13.04%
Total Days on Market
53
Current Estimated Value
$415,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,726
Avg. Annual Appreciation
11.27%

Purchase Details

Closed on
Jul 16, 2015
Sold by
Mass 5 Llc
Bought by
Poller Karen

Purchase Details

Closed on
Jun 29, 2015
Sold by
Ferris Keith F Estate
Bought by
Beigel Alan D

Purchase Details

Closed on
Jun 15, 2015
Sold by
Hooper Maryann Elizabeth and Ferris Joan C
Bought by
Mass 5 Llc

Purchase Details

Closed on
Mar 13, 2006
Sold by
Ferris Joan C
Bought by
Ferris Keith F

Purchase Details

Closed on
Jun 19, 2001
Sold by
Keith F Ferris I
Bought by
Ferris Joan C

Purchase Details

Closed on
Mar 3, 2000
Sold by
Grien Ann
Bought by
Ferris Keith F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
8.29%
Source: Public Records

Range of Values:

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Average Value
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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
Beigel Alan D $152,000 South Florida Title Svcs Inc
Poller Karen $88,500 South Florida Title Svcs Inc
Beigel Alan D $100 --
Mass 5 Llc -- Attorney
Ferris Keith F $15,000 None Available
Ferris Joan C $20,000 --
Ferris Keith F $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferris Keith F $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2016 01/29/16 Sold $152,000 -13.0% $68 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
11/06/2015 11/06/15 For Sale $174,800 -- $78 / Sq Ft
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
2025 $5,533 $292,306 -- --
2024 $5,114 $265,733 -- --
2023 $5,114 $241,576 $0 $0
2022 $4,470 $219,615 $0 $0
2021 $4,233 $199,650 $0 $0
2020 $3,714 $217,500 $28,000 $189,500
2019 $3,467 $202,500 $28,000 $174,500
2018 $2,935 $150,000 $28,000 $122,000
2017 $2,321 $138,000 $35,450 $102,550
2016 $2,392 $122,850 $35,450 $87,400
2015 $1,698 $116,550 $35,450 $81,100
2014 $1,698 $89,490 $35,450 $54,040
Source: Public Records

Agents Affiliated with this Home

  • Mark Hamilton

    Seller's Agent in 2016

    Mark Hamilton

    Real Estate of Florida Broward County Inc.

    (772) 214-0261

    3 in this area

    41 Total Sales

    Mark Hamilton
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Map

Source: BeachesMLS

MLS Number: R10182524

BeachesMLS

APN: 51-38-41-001-166-00110-2

Florida Martin County Stuart 34997

4948 SE Isabelita Ave, Stuart, FL

This home is located at 4948 SE Isabelita Ave, Stuart, FL 34997 since 06 November 2015 and is currently estimated at $415,726, approximately $185 per square foot. This property was built in 1980. 4948 SE Isabelita Ave is a home located in Martin County with nearby schools including Port Salerno Elementary School, Murray Middle School, and Martin County 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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