NOT LISTED FOR SALE

531 SW Timber Trail Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $647,386 - $727,000

3 Beds
2.5 Baths
1,776 Sq Ft
$388/Sq Ft Est. Value

Last Sold February 11, 2019

Last sale price $455,000 $256 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,115/month

29 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Wood Flooring
  • Martin County High School Rated A-
  • Vaulted Ceiling
  • 3-minute walk to Delaplane Preserve

About This Home

As of February 2019

WATERFRONT CBS Construction Built in 2005, 3 Bedrooms + Office, 2.5 Bathrooms, 2 Car Garage,Concrete Paver Driveway and Move In Ready Home is Just What You Have Been Searching For! Beautiful Kitchen with Granite Counter Tops, Wood Cabinets and Stainless Steel Appliances! Updated Bathrooms! This Wonderful Waterfront Home is Located on a Very Private Street with a Voluntary HOA Which is Only $50 Per Year. All New Seawall with Engineering by CSM Engineering and Installation by Atlantic Seawall and Dock in 2015! Secondary Wall, Stair System Installed in 2015 by Florida's Finest Construction! Great Location to Downtown Stuart, I 95, Publix and MORE! Room For Up to a 30 ft boat at Your Private Dock! All at an Unbeatable PRICE!

Last Agent to Sell the Property

Patrick Stracuzzi

RE/MAX Select Group License #3048544 Listed on: 12/14/2018

RE/MAX Select Group

Co-Listed By

Michael Ponte

Engel & Volkers Stuart License #3229252

Last Buyer's Agent

William Volpe

Serhant License #3336652

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 88x144x89x144
  • Home fronts navigable water
  • Southeast Facing Home

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Metal Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Timber Trail Subdivision

Listing and Financial Details

  • Assessor Parcel Number 553841013000001707

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,093

Year Built

Built in 2005

Lot Details

0.29 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Kanner Highway to west on Salerno Road, then right onto Gaines Avenue then Left onto Timber Trail. Home is half way down on the right.
  • Year Built: 2005
  • Architectural Style: Traditional
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Cathedral Ceiling(s), High Ceilings, Jetted Tub, Living/Dining Room, Main Level Primary, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1776.0
  • Stories: 1
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Outdoor Living Area, Porch
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • Waterfront Features: Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Direction Faces: Southeast
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Number Limit, Yes

Lot Info

  • Parcel #: 553841013000001707
  • Lot Size Acres: 0.29
  • Lot Size: 88x144x89x144
  • Lot Size Sq Ft: 12632.4
  • Mobile Dim Units: Feet
  • Zoning: R-2

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4093.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2018
Closed on
Feb 11, 2019
Sold by
Ghanta Srinivas B and Ghanta Amita Srinivas
Bought by
Cork Brian Anthony
Seller's Agent
Patrick Stracuzzi
RE/MAX Select Group
Buyer's Agent
William Volpe
Serhant
List Price
$465,000
Sold Price
$455,000
Premium/Discount to List
-$10,000
-2.15%
Current Estimated Value
$688,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,597
Avg. Annual Appreciation
6.00%
Original Mortgage
$455,000
Outstanding Balance
$395,970
Interest Rate
4.5%
Mortgage Type
VA
Estimated Equity
$292,627

Purchase Details

Listed on
Jan 31, 2012
Closed on
Sep 4, 2012
Sold by
Zambito Richard A and Caci Marianne
Bought by
Ghanta Srinivas B
Seller's Agent
Jill Abrams PA
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Andrea Turke
RE/MAX of Stuart
List Price
$349,900
Sold Price
$240,000
Premium/Discount to List
-$109,900
-31.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$228,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2009
Sold by
Caci Marianne
Bought by
Zambito Richard A

Purchase Details

Closed on
Jun 6, 2007
Sold by
Sullivan Richard and Sullivan Joanne
Bought by
Zambito Richard and Caci Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2007
Sold by
Sharkus Charles J
Bought by
Sullivan Robert and Sullivan Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2005
Sold by
Sullivan Richard and Sullivan Joanne
Bought by
Sharkus Charles J

Purchase Details

Closed on
Apr 12, 2004
Sold by
Wachocki Phillip B
Bought by
Sullivan Richard and Sullivan Joanne

Purchase Details

Closed on
Apr 24, 2003
Sold by
Sharkus Charles and Sharkus Charles
Bought by
Wachocki Phillip B
Source: Public Records
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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
Cork Brian Anthony $455,000 Signature Title Florida Part
Ghanta Srinivas B $240,000 Accommodation
Zambito Richard A $181,800 None Available
Zambito Richard $499,900 Attorney
Sharkus Charles J -- Attorney
Sullivan Robert -- Attorney
Sharkus Charles J -- --
Sullivan Richard $169,900 --
Wachocki Phillip B $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cork Brian Anthony $455,000
Previous Owner Ghanta Srinivas B $228,000
Previous Owner Zambito Richard $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2019 02/11/19 Sold $455,000 -2.2% $256 / Sq Ft
01/12/2019 01/12/19 Pending -- -- --
12/14/2018 12/14/18 For Sale $465,000 +93.8% $262 / Sq Ft
09/04/2012 09/04/12 Sold $240,000 -31.4% $135 / Sq Ft View Prior Sale
08/05/2012 08/05/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $349,900 -- $197 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,915 $389,976 -- --
2024 $5,798 $378,986 -- --
2023 $5,798 $367,948 $0 $0
2022 $5,595 $357,232 $0 $0
2021 $5,610 $346,828 $0 $0
2020 $5,498 $342,040 $0 $0
2019 $6,190 $331,630 $160,000 $171,630
2018 $4,093 $256,335 $0 $0
2017 $3,545 $251,063 $0 $0
2016 $3,806 $245,899 $0 $0
2015 $3,602 $243,380 $0 $0
2014 $3,602 $241,448 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Stracuzzi

    Seller's Agent in 2019

    Patrick Stracuzzi

    RE/MAX

    (772) 486-7856

    46 in this area

    717 Total Sales

    Patrick Stracuzzi
    Section Image
  • Michael Ponte

    Seller Co-Listing Agent in 2019

    Michael Ponte

    Engel & Volkers Stuart

    (772) 494-6999

    7 in this area

    45 Total Sales

    Michael Ponte
    Section Image
  • William Volpe

    Buyer's Agent in 2019

    William Volpe

    Serhant

    (646) 480-7665

    1 in this area

    83 Total Sales

    William Volpe
    Section Image

  • J

    Seller's Agent in 2012

    Jill Abrams PA

    Keller Williams Realty Of The Treasure Coast

  • R

    Seller Co-Listing Agent in 2012

    Robert Aubry

    Dream Maker Realty of the TC

    (772) 528-2202

    19 Total Sales

    Robert Aubry
    Section Image
  • Andrea Turke

    Buyer's Agent in 2012

    Andrea Turke

    RE/MAX

    (772) 215-3146

    13 in this area

    257 Total Sales

    Andrea Turke
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10488294

BeachesMLS (Greater Fort Lauderdale)

APN: 55-38-41-013-000-00170-7

Florida Martin County Stuart 34997 South Stuart

531 SW Timber Trail, Stuart, FL

Not Listed for Sale

Detached

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