$162,500
SOLD APR 30, 2018

4974 SE Grouper Ave Stuart, FL 34997

-- Bed
-- Bath
1,599 Sq Ft
0.33 Acres

Recently Sold

$102 Per Sq Ft

19% Below List Price

231 Days on Market

Highlights

  • Garden View
  • Patio
  • Central Heating and Cooling System
  • Martin County High School Rated A-
  • Ceramic Tile Flooring
  • 5-minute walk to Wojcieszak Ballpark

About This Home

As of December 2018

Great income producing property. Lot 14 is already built out with two 1 bedroom cottages. Lot 13 currently has an older 1 bedroom cottage that needs to be rebuilt or torn down and mobile home. All 3 units are rented. Owner has plans for mirror image of the 2 homes on Lot 14 to be constructed on Lot 13 with a common driveway in the middle. Great cash cow with future upside when you do improvements!

Last Agent to Sell the Property

Andrew W

Illustrated Properties LLC (Jupiter) License #0708409 Listed on: 08/11/2017

Illustrated Properties LLC (Jupiter)

Co-Listed By

Mark Marra

Inactive member License #3317599

Last Buyer's Agent

Mark Marra

Inactive member License #3317599

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,134

Year Built

  • Built in 2005

Home Design

  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,599 Sq Ft Home
  • 1-Story Property
  • Garden Views

Flooring

  • Carpet
  • Ceramic Tile

Additional Features

  • Patio
  • 0.33 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 513841001003001303

Community Details

Overview

  • 3 Units
  • Port Salerno Subdivision

Building Details

  • Operating Expense $7,100
  • Net Operating Income $19,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,134

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: US1 to Salerno to Grouper
  • Year Built: 2005
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1599.0

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 513841001003001303
  • Lot Size Sq Ft: 14244.0
  • Zoning Description: Duplex
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 19780.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 7100.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2134.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Matthew Yorgey Pllc
Bought by
My Rental Properties Llc
Current Estimated Value
$373,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Outstanding Balance
$227,576
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$147,527

Purchase Details

Listed on
Oct 4, 2018
Closed on
Dec 6, 2018
Sold by
4974 Grouper Llc
Bought by
Matthew Yorgey Pllc
Seller's Agent
Reid Lenit
Keller Williams of the Treasure Coast
Buyer's Agent
Matt Yorgey
Illustrated Properties LLC / S
List Price
$249,900
Sold Price
$238,000
Premium/Discount to List
-$11,900
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.07%
Original Mortgage
$238,500
Interest Rate
4.8%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 11, 2017
Closed on
Jun 15, 2018
Sold by
Lenit Reid
Bought by
4974 Grouper Llc
Seller's Agent
Andrew W
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Mark Marra
Inactive member
List Price
$200,000
Sold Price
$162,500
Premium/Discount to List
-$37,500
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.89%
Original Mortgage
$122,500
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Listed on
Aug 11, 2017
Closed on
Apr 30, 2018
Sold by
Baruch Scott and Baruch Steve
Bought by
Lenit Reid
Seller's Agent
Andrew W
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Mark Marra
Inactive member
List Price
$200,000
Sold Price
$162,500
Premium/Discount to List
-$37,500
-18.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
4.4%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 15, 2004
Sold by
Zupan Louis J
Bought by
Baruch Scott and Baruch Steve

Purchase Details

Closed on
Dec 27, 2000
Sold by
O'Sullivan James B
Bought by
Zupan Louis J

Purchase Details

Closed on
Jan 1, 1974
Bought by
Baruch Scott and Baruch Steven L
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 Type Sale Price Title Company
Quit Claim Deed -- Jk Closing Attorneys Pllc
Warranty Deed $238,000 Home Partners Title Services
Quit Claim Deed -- Attorney
Warranty Deed $162,500 Prosperity Land Title Llc
Warranty Deed $49,900 Sunbelt Title Agency
Warranty Deed $20,000 --
Deed $19,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,500 Balloon
Previous Owner $238,500 Construction
Previous Owner $122,500 Stand Alone Second
Previous Owner $169,300 New Conventional
Previous Owner $175,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $238,000 -4.8% $193 / Sq Ft
11/06/2018 11/06/18 Pending -- -- --
10/04/2018 10/04/18 For Sale $249,900 +53.8% $202 / Sq Ft
04/30/2018 04/30/18 Sold $162,500 -18.8% $102 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
08/11/2017 08/11/17 For Sale $200,000 -- $125 / 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 $4,860 $287,586 -- --
2024 $4,500 $261,442 -- --
2023 $4,500 $237,675 $0 $0
2022 $4,089 $216,069 $0 $0
2021 $3,875 $196,427 $0 $0
2020 $3,431 $178,570 $75,000 $103,570
2019 $3,389 $174,720 $70,000 $104,720
2018 $2,539 $156,670 $55,000 $101,670
2017 $1,963 $126,320 $52,760 $73,560
2016 $2,134 $118,140 $49,910 $68,230
2015 $1,609 $99,860 $40,640 $59,220
2014 $1,609 $80,470 $29,950 $50,520
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Reid Lenit

    Keller Williams of the Treasure Coast

    Section Image

  • A

    Seller's Agent in 2018

    Andrew W

    Illustrated Properties LLC (Jupiter)

    (561) 371-0933

    2 in this area

    163 Total Sales

    Section Image

  • M

    Seller Co-Listing Agent in 2018

    Mark Marra

    Inactive member

  • Matt Yorgey

    Buyer's Agent in 2018

    Matt Yorgey

    Illustrated Properties LLC / S

    (772) 742-1234

    2 in this area

    22 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10358347

BeachesMLS

APN: 51-38-41-001-003-00130-3

Florida Martin County Stuart 34997

4974 SE Grouper Ave, Stuart, FL

This home is located at 4974 SE Grouper Ave, Stuart, FL 34997 and is currently priced at $162,500, approximately $101 per square foot. This property was built in 2005. 4974 SE Grouper 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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