NOT LISTED FOR SALE

5447 SE Reef Way Stuart, FL 34997

Estimated Value: $973,683 - $1,041,000

4 Beds
4 Baths
2,957 Sq Ft
$344/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $525,000 $178 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $6,000/month

4 Days on Market

Highlights

  • Concrete Pool
  • Wood Flooring
  • Tennis Courts
  • 0.48 Acre Lot
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of January 2016

Gorgeous home in the beautiful gated community of The Reef! This 4 bedroom 4 bath, concrete block, pool home has been meticulously maintained. Oversized corner lot with large driveway and beautiful mature landscaping. Boasting high ceilings, walls with rounded corners, Tray ceilings, walk in closets, & wood floors throughout. Kitchen is open to family room with nice granite counter tops, island equipped with water & electric, walk in pantry. 2 year NEW dual AC systems. Alarm system. Surround sound throughout entire home, inside and out. Large front porch sitting area. Dual pane windows w/ wood casement throughout & hurricane shutters w/ collapsible accordion in lanai area. 500 gal in-ground propane tank (owned). Irrigation system. Fire pit.

Last Agent to Sell the Property

Shannon Andersen

Keller Williams Realty Of The Treasure Coast License #3290590 Listed on: 12/03/2015

Keller Williams Realty Of The Treasure Coast

Last Buyer's Agent

Shannon Andersen

Keller Williams Realty Of The Treasure Coast License #3290590 Listed on: 12/03/2015

Keller Williams Realty Of The Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,543

Year Built

  • Built in 1998

Lot Details

  • 0.48 Acre Lot
  • South Facing Home
  • Corner Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 2,957 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Casement Windows
  • French Doors
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Concrete Pool
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 483841270000000603

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, recreation facilities, security
  • Reef Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,543

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Horsshoepoint Road to Kubin, make a left. Less than a mile, The Reef will be on your right. Enter through gate, house is on the left about 5 houses down.
  • Year Built: 1998
  • Architectural Style: Florida
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bathtub, Dual Sinks, French Door(s)/Atrium Door(s), Soaking Tub, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Wood
  • Living Area: 2957.0
  • Stories: 1
  • Window Features: Casement Window(s)

Exterior Features

  • Lot Features: Corner Lot, 1/4 to 1/2 Acre Lot, < 1/4 Acre
  • Pool Features: Concrete, In Ground, Pool Equipment
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Gated Community, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 79.17
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Street Lights
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association: Yes
  • Pets Allowed: Size Limit

Fee Information

  • Association Fee Includes: Cable TV, Recreation Facilities, Security

Lot Info

  • Parcel #: 483841270000000603
  • Lot Size Acres: 0.48
  • Lot Size: .4840
  • Lot Size Sq Ft: 20908.8
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 5542.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Jan 29, 2016
Sold by
Nisa Thomas Paul and Nisa Jacquline M
Bought by
Seaman Kevin V and Seaman Wendy M Manners
Seller's Agent
Shannon Andersen
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Shannon Andersen
Keller Williams Realty Of The Treasure Coast
List Price
$549,000
Sold Price
$525,000
Premium/Discount to List
-$24,000
-4.37%
Current Estimated Value
$1,017,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,171
Avg. Annual Appreciation
6.84%
Original Mortgage
$420,000
Outstanding Balance
$322,981
Interest Rate
3.23%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$694,190

Purchase Details

Closed on
Nov 19, 1996
Sold by
Seafield Land Corp
Bought by
Nisa Thomas P and Nisa Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,800
Interest Rate
8.02%
Mortgage Type
Balloon

Purchase Details

Closed on
May 2, 1995
Sold by
Soukup Design Homes Inc
Bought by
Seaman Kevin V and Manners Seaman Wendy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Seaman Kevin V $525,000 Signature Title Florida Part
Nisa Thomas P $42,000 --
Seaman Kevin V $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seaman Kevin V $420,000
Previous Owner Nisa Thomas P $275,000
Previous Owner Nisa Thomas P $37,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2016 01/29/16 Sold $525,000 -4.4% $178 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/03/2015 12/03/15 For Sale $549,000 -- $186 / 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 $8,497 $547,297 -- --
2024 $8,346 $531,873 -- --
2023 $8,346 $516,382 $0 $0
2022 $8,065 $501,342 $0 $0
2021 $8,105 $486,740 $180,000 $306,740
2020 $8,544 $471,580 $170,000 $301,580
2019 $8,862 $485,690 $180,000 $305,690
2018 $8,169 $448,930 $150,000 $298,930
2017 $7,649 $454,830 $185,000 $269,830
2016 $5,606 $351,762 $0 $0
2015 $5,321 $348,939 $0 $0
2014 $5,321 $346,170 $85,000 $261,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10188965

BeachesMLS (Greater Fort Lauderdale)

APN: 48-38-41-270-000-00060-3