5399 SE Reef Way Stuart, FL 34997
Estimated Value: $778,000 - $948,946
0.5
Acre
$1,674,081
Price per Acre
21,954
Sq Ft Lot
Highlights
- Gated Community
- 0.5 Acre Lot
- Trails
- South Fork High School Rated A-
- Tennis Courts
About This Lot
As of May 2022Sizeable lot to build your dream home in the gated community of The Reef. The quaint neighborhood is very private with mature trees and quiet streets to enjoy the sound of tropical breezes rustling the leaves. Wonderful parks within walking distance where you can appreciate nature trails and views of the Intracoastal Waterway and the Indian River Lagoon. Private kayak/canoe launch area for residents. The Rocky Point area has public boat ramps close by with world class fishing just a short boat ride away, or just savor the leisurely lifestyle relaxing on the sandbar. Many great restaurants and shops conveniently in historic Port Salerno, Downtown Stuart, and Hobe Sound.
Last Agent to Sell the Property
Berkshire Hathaway Florida Realty License #3308534 Listed on: 10/22/2021
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,007
Year Built
- 2023
Lot Details
- 0.5 Acre Lot
HOA Fees
- $83 Monthly HOA Fees
Community Details
Overview
- Association fees include management, common areas, recreation facilities, reserve fund, security
- Association Phone (772) 232-8282
Recreation
- Tennis Courts
- Trails
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2021
Closed on
May 26, 2022
Sold by
Davenport Dale W
Bought by
Putt Michael and Putt Jacquelyn
Seller's Agent
Jeremy Taylor
Berkshire Hathaway Florida Realty
Buyer's Agent
Susan Maxwell
RE/MAX of Stuart - Palm City
List Price
$300,000
Sold Price
$252,500
Premium/Discount to List
-$47,500
-15.83%
Total Days on Market
37
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
$591,237
Avg. Annual Appreciation
48.58%
Original Mortgage
$705,821
Outstanding Balance
$671,502
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$169,866
Purchase Details
Closed on
Nov 7, 2020
Sold by
Banocy Beth L and Estate Of Lewis G Davenport
Bought by
Davenport Dale W
Purchase Details
Closed on
Jan 19, 2001
Sold by
Wunder Daniel J
Bought by
Davenport Lewis G and Davenport Betty J
Purchase Details
Closed on
Aug 15, 1999
Sold by
Wunder Daniel J
Bought by
Davenport Lewis G and Davenport Betty J
Purchase Details
Closed on
Jul 10, 1998
Sold by
Harwood John and Harwood Doreen A
Bought by
Wunder Daniel J
Purchase Details
Closed on
May 3, 1996
Sold by
Seafield Land Corp
Bought by
Harwood John K and Harwood Doreen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,936
Interest Rate
7.77%
Mortgage Type
New Conventional
Similar Properties in Stuart, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Putt Michael | $252,500 | Christopher J Twohey Pa | |
| Davenport Dale W | -- | Attorney | |
| Davenport Lewis G | $53,500 | -- | |
| Davenport Lewis G | -- | -- | |
| Wunder Daniel J | $47,500 | -- | |
| Harwood John K | $42,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Putt Michael | $705,821 | |
| Previous Owner | Harwood John K | $33,936 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2022 05/31/22 | Sold | $252,500 | -15.8% | -- |
| 11/28/2021 11/28/21 | Pending | -- | -- | -- |
| 10/22/2021 10/22/21 | For Sale | $300,000 | -- | -- |
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 |
|---|---|---|---|---|
| 2024 | $3,756 | $639,345 | -- | -- |
| 2023 | $3,756 | $200,000 | $200,000 | $0 |
| 2022 | $2,547 | $137,500 | $0 | $0 |
| 2021 | $2,163 | $125,000 | $125,000 | $0 |
| 2020 | $2,007 | $115,000 | $115,000 | $0 |
| 2019 | $2,024 | $115,000 | $115,000 | $0 |
| 2018 | $2,013 | $115,000 | $115,000 | $0 |
| 2017 | $2,172 | $140,000 | $140,000 | $0 |
| 2016 | $2,156 | $150,000 | $150,000 | $0 |
| 2015 | $1,658 | $101,000 | $101,000 | $0 |
| 2014 | $1,658 | $101,000 | $101,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeremy Taylor
Seller's Agent in 2022
Jeremy Taylor
Berkshire Hathaway Florida Realty
(772) 285-0003
3 in this area
55 Total Sales
-
Susan Maxwell
Buyer's Agent in 2022
Susan Maxwell
RE/MAX
(772) 220-1116
14 in this area
531 Total Sales
-
Jacqueline Palmeri
Buyer Co-Listing Agent in 2022
Jacqueline Palmeri
RE/MAX
(772) 359-5645
1 in this area
50 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20031596
APN: 48-38-41-270-000-00050-5
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.
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
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