NOT LISTED FOR SALE

5448 SE Reef Way Stuart, FL 34997

Estimated Value: $780,083 - $935,000

3 Beds
2.5 Baths
2,413 Sq Ft
$362/Sq Ft Est. Value

Last Sold February 02, 2016

Last sale price $482,000 $200 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,065/month

178 Days on Market

Highlights

  • Gated Community
  • Fruit Trees
  • Cathedral Ceiling
  • South Fork High School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of February 2016

Enter through the gates amongst lush plantings into The Reef. With 46 home sites, this tranquil enclave is the place in Rocky Point for private and luxurious waterfront living. This custom built contemporary home on 1/3 acre backs to preserve, flanked with mossy oaks. Fruit trees abound. In September of 2013, the entire home was renovated with a new HVAC system, water heater, floors, kitchen, alarm system, exterior./interior paint, fruit trees, tropical plantings, and irrigation system. With an upstairs suite with separate room for office-gym-nursery-library, walk in closet, vaulted ceilings and spa bath with whirlpool tub. House and property have considerable charm and sophistication.

Last Agent to Sell the Property

Laurie Overton

Realty One Group Engage License #3242028 Listed on: 07/21/2015

Realty One Group Engage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,605

Year Built

  • Built in 1997

Lot Details

  • Property fronts a private road
  • North Facing Home
  • Sprinkler System
  • Fruit Trees

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,413 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Outdoor Features

  • Shed

Schools

  • Port Salerno Elementary School
  • Murray Middle School
  • South Fork High School

Utilities

  • Zoned Cooling
  • Heating Available
  • Underground Utilities
  • Septic Tank
  • Satellite Dish

Community Details

Overview

  • Association fees include management, insurance, recreation facilities

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,605

Year Built

Built in 1997

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Architectural Style: Contemporary
  • Directions: A1A to Rocky Point (south of Indian Street). turn left into Rocky Point (light). Right on Horseshoe to Kubin. L. at Kubin. The Reef in on the right.
  • Garage Yn: Yes
  • Lot Size: 0.383
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: REEF & REP
  • Year Built: 1997
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Fireplace, Jetted Tub, Living/Dining Room, Skylights, Tub Shower, Walk-In Closet(s)
  • Living Area: 2413.0
  • Other Equipment: Satellite Dish
  • Window Features: Casement Window(s), Sliding
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Disclosures: Seller Disclosure
  • Exterior Features: Fruit Trees, Sprinkler/Irrigation, Room For Pool, Shed
  • Lot Features: Sprinklers Automatic
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Rear/Side/Off Street, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Sewer Available, Sewer Connected, Septic Available, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: Yes
  • Community Features: Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Insurance, Recreation Facilities

Schools

  • Elementary School: Port Salerno
  • High School: South Fork
  • Middle Or Junior School: Murray

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4605.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2024
Sold by
Baysden Alton Ray and Mitrega Joanna
Bought by
Baysden Alton Ray and Mitrega Joanna
Current Estimated Value
$864,935

Purchase Details

Listed on
Jul 21, 2015
Closed on
Feb 2, 2016
Sold by
Tovar Charles and Tovar Ekaterina
Bought by
Baysden Alton Ray and Mitrega Joanna
Seller's Agent
Laurie Overton
Realty One Group Engage
List Price
$599,000
Sold Price
$482,000
Premium/Discount to List
-$117,000
-19.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$377,600
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jul 22, 2013
Sold by
French Stephen M and French Stasha A
Bought by
Tovar Charles and Tovar Ekaterina
Seller's Agent
Michele Post Kromrey
RE/MAX Ultimate Realty
Buyer's Agent
Laurie Overton
Realty One Group Engage
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.73%

Purchase Details

Closed on
Aug 29, 2001
Sold by
Stephen M French M and Stasha A French M
Bought by
French Stephen M and French Stasha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 1996
Sold by
Seafield Land Corp
Bought by
French Stephen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,500
Interest Rate
7.29%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Baysden Alton Ray -- None Listed On Document
Baysden Alton Ray $482,000 Attorney
Tovar Charles $240,000 None Available
French Stephen M $91,800 --
French Stephen M $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baysden Alton Ray $424,420
Previous Owner Baysden Alton Ray $377,600
Previous Owner French Stephen M $359,600
Previous Owner French Steve M $269,500
Previous Owner French Stasha A $264,000
Previous Owner French Stasha A $264,000
Previous Owner French Stephen M $222,000
Previous Owner French Stephen M $30,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2016 02/02/16 Sold $482,000 -19.5% $200 / Sq Ft
01/03/2016 01/03/16 Pending -- -- --
07/09/2015 07/09/15 For Sale $599,000 +149.6% $248 / Sq Ft
07/22/2013 07/22/13 Sold $240,000 -4.0% $93 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
01/03/2012 01/03/12 For Sale $250,000 -- $97 / 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 $2,261 $439,092 -- --
2024 $2,205 $426,718 -- --
2023 $2,205 $414,290 $0 $0
2022 $2,125 $402,224 $0 $0
2021 $2,118 $390,509 $0 $0
2020 $2,091 $385,118 $0 $0
2019 $2,061 $376,459 $0 $0
2018 $2,012 $369,440 $0 $0
2017 $1,597 $361,841 $0 $0
2016 $5,669 $354,830 $170,000 $184,830
2015 $4,421 $262,690 $110,000 $152,690
2014 $4,421 $251,760 $90,000 $161,760
Source: Public Records

Agents Affiliated with this Home

  • Laurie Overton

    Seller's Agent in 2016

    Laurie Overton

    Realty One Group Engage

    (772) 678-0667

    20 Total Sales

    Section Image

  • M

    Seller's Agent in 2013

    Michele Post Kromrey

    RE/MAX

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M383204

Martin County REALTORS® of the Treasure Coast

APN: 48-38-41-270-000-00230-8

Florida Martin County Stuart 34997

5448 SE Reef Way, Stuart, FL

This home is located at 5448 SE Reef Way, Stuart, FL 34997 since 21 July 2015 and is currently estimated at $874,271, approximately $362 per square foot. This property was built in 1997. 5448 SE Reef Way is a home located in Martin County with nearby schools including Port Salerno Elementary School, Murray Middle School, and South Fork 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.

Martin County REALTORS® of the Treasure Coast 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.

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