NOT LISTED FOR SALE

5472 SE Reef Way Stuart, FL 34997

Estimated Value: $399,793

0.38 Acre
$1,046,636 Price per Acre
16,639 Sq Ft Lot

Last Sold March 19, 2021

Last sale price $210,000

Est. 90% increase in value since last sale

Current estimated payment $2,519/month

148 Days on Market

About This Lot

As of March 2021

Beautiful lot in The Reef. 4th from the intracoastal waterway. Hear the waves. Feel the salty breezes. Very close to parks and boat ramps to enjoy nature and access the water. Numerous shops and restaurants in Historic Salerno, Downtown Stuart and Hobe Sound. Minimum home size 1800sf. Come build among the moss-draped Oaks in Rocky Point!

Last Agent to Sell the Property

Sherry Lee

Lee Property Sales Inc. License #640485 Listed on: 09/21/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,024

Lot Details

  • 0.38 Acre Lot
  • Site Plan Filed

HOA Fees

  • $83 Monthly HOA Fees

Community Details

  • Reef Subdivision

Listing and Financial Details

  • Assessor Parcel Number 483841270000002200

Property Details

Property Type

Land

Est. Annual Taxes

$2,024

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Cove Road east to Dixie (A1A) go north to Anchor Way, follow to Horseshoe Point Road then head east to Kubin. Left to The Reef gated entrance. Turn right through gate then property is on the right.
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No
  • Disclosures: Deed Restriction

Condo/Co-op/Association

  • Association Fee: 83.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 483841270000002200
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 16639.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2024.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Jaxtimer Marie T
Bought by
Ethan Ryan Long 2024 Irrevocable Trust and Long
Current Estimated Value
$399,793

Purchase Details

Listed on
Sep 21, 2020
Closed on
Mar 16, 2021
Sold by
Fleck John R and Fleck Deborah H
Bought by
Jaxtimer Marie T
Seller's Agent
Sherry Lee
Lee Property Sales Inc.
List Price
$249,900
Sold Price
$210,000
Premium/Discount to List
-$39,900
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.46%

Purchase Details

Listed on
Feb 21, 2013
Closed on
Nov 1, 2013
Sold by
Pitera Richard
Bought by
Fleck John R and Fleck Deborah H
List Price
$117,000
Sold Price
$100,000
Premium/Discount to List
-$17,000
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Nov 15, 2005
Sold by
Francis Robert S and Sass Edward J
Bought by
Pitera Richard R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2003
Sold by
Geist Herbert G
Bought by
Fleck John R and Fleck Deborah H

Purchase Details

Closed on
Aug 29, 2001
Sold by
Rosato Anthony and Rosato Deborah J
Bought by
Geist Herbert G

Purchase Details

Closed on
Jul 22, 1998
Sold by
Rosato Anthony and Rosato Deborah J
Bought by
Rosato Anthony and Rosato Deborah J

Purchase Details

Closed on
Mar 4, 1996
Sold by
Seafield Land Corp
Bought by
Rosato Anthony and Rosato Deborah J

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
6.97%
Mortgage Type
Balloon
Source: Public Records

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
Ethan Ryan Long 2024 Irrevocable Trust $400,000 None Listed On Document
Jaxtimer Marie T $210,000 Attorney
Fleck John R $100,000 Merit Title Inc
Pitera Richard R $250,000 --
Fleck John R $80,000 --
Geist Herbert G $70,000 --
Rosato Anthony $32,000 --
Rosato Anthony $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pitera Richard R $187,500
Previous Owner Rosato Anthony $37,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $210,000 -16.0% --
02/17/2021 02/17/21 Pending -- -- --
09/21/2020 09/21/20 For Sale $249,900 +149.9% --
11/01/2013 11/01/13 Sold $100,000 -14.5% --
10/02/2013 10/02/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $117,000 -- --
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
2025 $3,282 $200,000 $200,000 --
2024 $3,323 $200,000 $200,000 --
2023 $3,323 $198,880 $0 $0
2022 $3,008 $180,800 $180,800 $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 $1,965 $115,000 $115,000 $0
2017 $1,948 $140,000 $140,000 $0
2016 $1,784 $125,000 $125,000 $0
2015 $1,395 $83,000 $83,000 $0
2014 $1,395 $85,000 $85,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherry Lee

    Seller's Agent in 2021

    Sherry Lee

    Lee Property Sales Inc.

    (561) 685-8484

    4 in this area

    18 Total Sales

    Sherry Lee
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Map

Source: BeachesMLS

MLS Number: R10656957

BeachesMLS

APN: 48-38-41-270-000-00220-0

Florida Martin County Stuart 34997

5472 SE Reef Way, Stuart, FL

This home is located at 5472 SE Reef Way, Stuart, FL 34997 since 21 September 2020 and is currently estimated at $399,793. 5472 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.

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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