NOT LISTED FOR SALE

508 SE Meadow Wood Way Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $618,970 - $711,000

3 Beds
2 Baths
2,002 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $612,000 $306 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,331/month

Highlights

  • Views of Preserve
  • 0.43 Acre Lot
  • Corner Lot
  • Martin County High School Rated A-
  • Cathedral Ceiling
  • Tennis Courts

About This Home

As of May 2022

Fabulously unique & charming home in SOUTHWOOD! 3 bedroom, 2 bath, CBS corner property house with metal roof, on just under a half acre. Oversized driveway leads to a 2 car attached garage and long pathway to a cozy sitting area & front door. Enter the home and step down into a sunken living room with gorgeous wood floors & pre-lit, custom built-ins to showcase collectibles. French doors lead to a separate dining room space. Modern white Kitchen cabinets are BRAND NEW 2022 as are the quartz counter tops. Stove, new oven, hot water heater & grill are propane gas heated. 2 roomy bedrooms are on the 1st floor, one of which has a Murphy bed. Ascend the wooden staircase to a super-spacious main bedroom suite, walk-in closet, and bright & colorful main bath. Enjoy the Florida lifestyle year round on the large back patio with quiet preserve views & FABULOUS outdoor green space with views of Fern Creek. Close to I95, shops, restaurants, Downtown Stuart and a short ride to the beaches. LOW HOA.

Last Agent to Sell the Property

Marjorie Shuda

Coldwell Banker Realty License #3324723 Listed on: 03/25/2022

Coldwell Banker Realty

Last Buyer's Agent

Timothy Lloyd

Illustrated Properties LLC License #3315887

Illustrated Properties LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,110

Year Built

  • Built in 1995

Lot Details

  • 0.43 Acre Lot
  • Corner Lot

HOA Fees

  • $51 Monthly HOA Fees

Property Views

  • Views of Preserve
  • Garden Views

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • French Doors
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Laundry Tub

Parking

  • 2 Car Attached Garage
  • Driveway

Schools

  • Pinewood Elementary School
  • Dr. David L. Anderson Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas
  • Association Phone (772) 219-4474

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,110

Year Built

Built in 1995

Lot Details

0

HOA Fees

$51 per month

Listing Details

  • Architectural Style: Multi-Level
  • Directions: KANNER HWY TO SOUTHWOOD TRAIL. PROCEED TO MEADOW WOOD WAY. HOUSE ON THE RIGHT. SIGN ON PROPERTY.
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.428
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Southwood PUD
  • Year Built: 1995
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Disposal
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, French Door(s)/Atrium Door(s), Walk-In Closet(s)
  • Living Area: 2002.0
  • Stories: 2

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: Deed Restriction
  • Lot Features: Corner Lot
  • Pool Private: No
  • Roof: Metal
  • View: Garden, Preserve
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 51.0
  • Phone: 772-219-4474
  • Association: Yes
  • Community Features: Basketball Court, Playground, Park, Pickleball, Tennis Court(s)
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas

Schools

  • Elementary School: Pinewood
  • High School: Martin County
  • Middle Or Junior School: Dr. David L. Anderson

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3110.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2003
Sold by
Gullo Thomas S and Gullo Margaret L
Bought by
Moreland David H and Moreland Charlene A
Current Estimated Value
$666,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2002
Sold by
Boucher Raymond O and Boucher Theresa A
Bought by
Gullo Thomas S and Gullo Margaret L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.38%

Purchase Details

Closed on
Mar 10, 1997
Sold by
Ferrise Steven and Ferrise Roxanne
Bought by
Boucher Raymond O and Boucher Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 1994
Sold by
Southwood Stuart Inc
Bought by
Ferrise Steven and Ferrise Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,300
Interest Rate
8.68%
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
Moreland David H $249,500 First American Title Ins Co
Gullo Thomas S $218,800 --
Boucher Raymond O $179,000 --
Ferrise Steven $35,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boucher Raymond O $100,000
Closed Moreland David H $150,000
Previous Owner Gullo Thomas S $125,000
Previous Owner Boucher Raymond O $109,000
Previous Owner Ferrise Steven $158,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $612,000 -3.6% $306 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $635,000 -- $317 / 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 $9,147 $575,090 $230,000 $345,090
2024 $9,325 $529,270 $529,270 $304,270
2023 $9,325 $532,980 $532,980 $307,980
2022 $3,117 $203,624 $0 $0
2021 $3,110 $197,694 $0 $0
2020 $3,012 $194,965 $0 $0
2019 $2,971 $190,582 $0 $0
2018 $2,880 $187,028 $0 $0
2017 $2,404 $183,181 $0 $0
2016 $2,676 $179,413 $0 $0
2015 $2,540 $178,166 $0 $0
2014 $2,540 $176,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20033500

Martin County REALTORS® of the Treasure Coast

APN: 55-38-41-461-000-00320-3