Seller's Agent in 2023
Nicole Nastasia
RE/MAX
(772) 418-5081
6 in this area
284 Total Sales
5043 SE Primrose Way Stuart, FL 34997
--
Bed
--
Bath
2,511
Sq Ft
0.26
Acres
Highlights
- Garden View
- No HOA
- Ceramic Tile Flooring
- South Fork High School Rated A-
- Fenced Yard
- Central Heating and Cooling System
About This Home
As of November 2023Welcome to an awesome investment opportunity. A triplex with 6 bedrooms and 6 bathrooms total. This property offers a lucrative investment opportunity with stable rental income. Each unit features 2 spacious bedrooms and 2 full baths, providing ample space for comfortable living. Some highlights of this triplex is the fenced yard for each unit, the open work space and ample storage in the kitchens and stainless steel appliances. Inside, you'll find tile throughout, creating low-maintenance living environment. Each unit has separate electrical meters & central air conditioning. Unit #5043 brings in $1650 per month, unit #5045 brings in $1750 per month, and unit #5049 brings in $1625 per month in rental income. All units are currently occupied by stable tenants. Carrying costs include: $6800 in taxes annually, $3800 in insurance per year, and $130 per month for lawncare. The monthly income for all units is $5025, offering approximately 9% CAP rate.
Last Agent to Sell the Property
RE/MAX of Stuart Brokerage Phone: 772-288-1111 License #3195754 Listed on: 09/09/2023
Last Buyer's Agent
RE/MAX of Stuart Brokerage Phone: 772-288-1111 License #3195754 Listed on: 09/09/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,845
Year Built
- Built in 1990
Lot Details
- 0.26 Acre Lot
- West Facing Home
- Fenced Yard
Parking
- Driveway
Home Design
- Triplex
- Frame Construction
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 2,511 Sq Ft Home
- Ceramic Tile Flooring
- Garden Views
Utilities
- Central Heating and Cooling System
Community Details
Overview
- No Home Owners Association
- 2,511 Sq Ft Building
Pet Policy
- Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 9, 2023
Closed on
Nov 17, 2023
Sold by
Noaker Michael and Noaker Toni
Bought by
Primrose Fl Holdings Llc
Seller's Agent
Nicole Nastasia
RE/MAX of Stuart
Buyer's Agent
Nicole Nastasia
RE/MAX of Stuart
List Price
$525,000
Sold Price
$520,000
Premium/Discount to List
-$5,000
-0.95%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,075
Avg. Annual Appreciation
1.18%
Original Mortgage
$397,500
Outstanding Balance
$391,648
Interest Rate
7.57%
Mortgage Type
New Conventional
Estimated Equity
$139,486
Purchase Details
Listed on
May 13, 2021
Closed on
Jun 23, 2021
Sold by
Livingstone Geoffrey D and Livingstone Marsha Nelson
Bought by
Noaker Michael and Noaker Toni
Seller's Agent
Janice Norman
Water Pointe Realty Group
Buyer's Agent
Nicole Nastasia
RE/MAX of Stuart
List Price
$380,000
Sold Price
$380,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.90%
Purchase Details
Closed on
Jun 24, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Livingstone Geoffrey D and Geoffrey D Livingstone Revocable Trust
Purchase Details
Closed on
Mar 21, 2014
Sold by
Sotomayor Dalynn
Bought by
Jpmorgan Chase Bank National Association
Purchase Details
Closed on
Mar 26, 2004
Sold by
Wilcox Milton L and Wilcox Sandra E
Bought by
Sotomayor Edgar L and Sotomayor Dalynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,120
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $530,000 | None Listed On Document | |
| Warranty Deed | $380,000 | Attorney | |
| Special Warranty Deed | $118,700 | Bay National Title Company | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $253,900 | Advantage Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $397,500 | New Conventional | |
| Previous Owner | $256,000 | Unknown | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $203,120 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2023 11/21/23 | Sold | $520,000 | -1.0% | $207 / Sq Ft |
| 09/30/2023 09/30/23 | Pending | -- | -- | -- |
| 09/09/2023 09/09/23 | For Sale | $525,000 | +38.2% | $209 / Sq Ft |
| 06/25/2021 06/25/21 | Sold | $380,000 | 0.0% | $151 / Sq Ft |
| 05/26/2021 05/26/21 | Pending | -- | -- | -- |
| 05/13/2021 05/13/21 | For Sale | $380,000 | -- | $151 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
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 | $8,854 | $498,960 | $117,300 | $381,660 |
| 2024 | $7,638 | $458,210 | $458,210 | $340,910 |
| 2023 | $7,638 | $372,086 | $0 | $0 |
| 2022 | $6,845 | $338,260 | $119,160 | $219,100 |
| 2021 | $6,296 | $267,859 | $0 | $0 |
| 2020 | $5,781 | $334,800 | $87,980 | $246,820 |
| 2019 | $5,222 | $279,000 | $78,200 | $200,800 |
| 2018 | $4,570 | $218,700 | $63,540 | $155,160 |
| 2017 | $3,205 | $202,500 | $73,310 | $129,190 |
| 2016 | $3,766 | $170,100 | $39,100 | $131,000 |
| 2015 | $2,872 | $151,200 | $31,280 | $119,920 |
| 2014 | $2,872 | $122,400 | $14,490 | $107,910 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Nastasia
-
Andrea Turke
Seller Co-Listing Agent in 2023
Andrea Turke
RE/MAX
(772) 215-3146
3 in this area
261 Total Sales
-
Janice Norman
J
Seller's Agent in 2021
Janice Norman
Water Pointe Realty Group
(772) 485-9505
4 in this area
121 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20040937
APN: 30-38-42-004-030-00070-7
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.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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