NOT LISTED FOR SALE

5276 SE Channel Dr Stuart, FL 34997

Estimated Value: $372,929 - $518,000

2 Beds
2 Baths
2,146 Sq Ft
$195/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $230,000 $107 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,755/month

29 Days on Market

About This Home

As of March 2020

Concrete block duplex situated in Port Salerno just west of Dixie Highway between Salerno & Cove Roads. Located on a dead end street offering no thru traffic. 2 bedrooms on each side. Approximately 1073 square feet of living space on each side. Large fenced in back yard. 2 separate driveways. Septic system replaced in 2015. Landscaping improved. Storage shed in backyard included. Each side currently leased on a month to month basis with the same tenants for 5 years. Total rental income is $1800/month. County water. 1 Bath on each side. Separate living room & family room but family room has been converted to a 3rd bedroom in each unit. Newly painted.

Last Listed By

Stephen Dutcher

Illustrated Properties/Sewalls License #393825 Listed on: 02/12/2020

Illustrated Properties/Sewalls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,481

Year Built

  • Built in 1980

Lot Details

  • 10,672

Home Design

  • Duplex
  • Metal Roof

Interior Spaces

  • 2,146 Sq Ft Home
  • 1-Story Property

Additional Features

  • 10,672 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 513841001044001307

Community Details

Overview

  • 2 Units
  • Port Salerno Subdivision

Pet Policy

  • Pet Size Limit

Building Details

  • Operating Expense $1,330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,481

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US1 to Cove Road - go east to SE Driftwood turn left, right on Grant and right on Channel.
  • Year Built: 1980
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2146.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Size Limit

Lot Info

  • Parcel #: 513841001044001307
  • Lot Size Sq Ft: 10672.0
  • Zoning Description: R-2A
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3481.0

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 1330.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 18, 2020
Sold by
Dutcher Stephen M
Bought by
Fernandez Cardona Maria and Fernandez De Los
Seller's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
Buyer's Agent
Malena E.
Illustrated Properties LLC (Co
List Price
$249,888
Sold Price
$230,000
Premium/Discount to List
-$19,888
-7.96%
Total Days on Market
29
Current Estimated Value
$418,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,232
Avg. Annual Appreciation
12.16%

Purchase Details

Listed on
Dec 9, 2014
Closed on
Dec 11, 2014
Sold by
Helen & Robert Brown Family Properties L and Brown Stephen John
Bought by
Dutcher Stephen M
Seller's Agent
Stephen Dutcher
Illustrated Properties LLC / S
Buyer's Agent
Stephen Dutcher
Illustrated Properties LLC / S
List Price
$100,000
Sold Price
$100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.16%
Original Mortgage
$75,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2009
Sold by
Bank Of America Na and Brown Hilary J
Bought by
Helen & Robert Brown Family Properties L

Range of Values:

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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
Fernandez Cardona Maria -- None Available
Dutcher Stephen M $100,000 None Available
Helen & Robert Brown Family Properties L -- Attorney
Helen & Robert Brown Family Properties L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dutcher Stephen M $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $230,000 -8.0% $107 / Sq Ft
02/12/2020 02/12/20 For Sale $249,888 +149.9% $116 / Sq Ft
12/11/2014 12/11/14 Sold $100,000 0.0% $93 / Sq Ft
12/09/2014 12/09/14 For Sale $100,000 -- $93 / 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
2024 $4,973 $305,470 $305,470 $245,470
2023 $4,973 $236,966 $0 $0
2022 $4,456 $215,424 $0 $0
2021 $4,168 $195,840 $28,000 $167,840
2020 $3,537 $174,000 $28,000 $146,000
2019 $3,481 $186,000 $28,000 $158,000
2018 $3,047 $145,800 $28,000 $117,800
2017 $2,137 $135,000 $22,450 $112,550
2016 $2,510 $113,400 $22,450 $90,950
2015 $1,892 $100,800 $22,450 $78,350
2014 $1,892 $81,600 $22,450 $59,150
Source: Public Records

Agents Affiliated with this Home

  • Stephen Dutcher

    Seller's Agent in 2020

    Stephen Dutcher

    Illustrated Properties/Sewalls

    (772) 419-0340

    10 in this area

    179 Total Sales

    Stephen Dutcher
    Section Image

  • M

    Buyer's Agent in 2020

    Malena E.

    Illustrated Properties LLC (Co

    (561) 254-1476

    5 in this area

    46 Total Sales

    Malena E.
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10600432

BeachesMLS

APN: 51-38-41-001-044-00130-7

Florida Martin County Stuart 34997

5276 SE Channel Dr, Stuart, FL

Homes for Sale in Stuart, FL

This home is located at 5276 SE Channel Dr, Stuart, FL 34997 since 12 February 2020 and is currently estimated at $418,232, approximately $194 per square foot. This property was built in 1980. 5276 SE Channel Dr 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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