NOT LISTED FOR SALE

5495 SE Reef Way Stuart, FL 34997

Estimated Value: $686,994 - $760,000

3 Beds
2.5 Baths
2,156 Sq Ft
$339/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $430,000 $199 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $4,672/month

170 Days on Market

Highlights

  • Screened Pool
  • Cathedral Ceiling
  • Mediterranean Architecture
  • Gated Community
  • Garden View
  • Screened Porch

About This Home

As of February 2019

MAJOR PRICE REDUCTION! Discover this lovely, CBS, 3 bedroom, 2.5 bath pool home situated on a premium lot in the gated waterfront enclave of THE REEF located in Rocky Point. This beautifully maintained and perfectly appointed home boasts a split floor plan, volume ceilings, open kitchen to family room, granite counter-tops and stainless steel appliances. Walls of sliding glass doors allow for abundant natural light bringing the outdoors in and opens to a tropical oasis. The screened enclosed pool and patio area allow for the best of Florida outdoor living and entertaining complete with a waterfall feature, paver stones, generous covered lanai, lush landscape and private setting. Custom window treatments, tray ceilings, roll down shades, paver stone driveway, partial impact windows, invisible fence and over sized garage are just some of the added features included in this home. The community offers tennis courts and close proximity to parks, schools, shopping, resturants and I-95.

Last Agent to Sell the Property

Jacqueline Costanzo

ONE Sotheby's International Re License #3221704 Listed on: 07/23/2018

ONE Sotheby's International Re

Last Buyer's Agent

Jacqueline Costanzo

ONE Sotheby's International Re License #3221704 Listed on: 07/23/2018

ONE Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,316

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 120x141x120x141
  • South Facing Home
  • Interior Lot
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Property Views

  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,156 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Leased
  • Hurricane or Storm Shutters
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Screened Pool
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio

Schools

  • Port Salerno Elementary School
  • Murray Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, cable TV, recreation facilities, reserve fund

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,316

Year Built

Built in 1996

Lot Details

0.39 Acres

HOA Fees

$83 per month

Listing Details

  • Architectural Style: Mediterranean, Ranch
  • Directions: Dixie Hwy. to Anchor, To Horseshoe Point left on Kubin to The Reef on right - through gate, home on left
  • Garage Yn: Yes
  • Lot Size: 120x141x120x141
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Reef & Rep
  • Year Built: 1996
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Master Downstairs, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 2156.0
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Deed Restriction
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Interior Lot, Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: Concrete, In Ground, Screen Enclosure
  • Pool Private: Yes
  • Roof: Barrel
  • View: Garden, Pool
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Laundry Tub
  • Security: Security System Leased, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Water Available

Condo/Co-op/Association

  • Association Fee: 83.0
  • Association: Yes
  • Community Features: Tennis Court(s), Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Recreation Facilities, Reserve Fund

Schools

  • Elementary School: Port Salerno
  • High School: Martin County
  • Middle Or Junior School: Murray

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4316.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Asset Preservation Inc and Reuter Candie
Bought by
Reuter Candie
Current Estimated Value
$730,999

Purchase Details

Listed on
Jul 23, 2018
Closed on
Feb 6, 2019
Sold by
Genuario Lois
Bought by
Sawka Craig S
Seller's Agent
Jacqueline Costanzo
ONE Sotheby's International Re
Buyer's Agent
Jacqueline Costanzo
ONE Sotheby's International Re
List Price
$498,000
Sold Price
$430,000
Premium/Discount to List
-$68,000
-13.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%

Purchase Details

Closed on
Jun 7, 2000
Sold by
Edin Mark B and Edin Sanja Z
Bought by
Genuario Ralph R and Genuario Lois

Purchase Details

Closed on
Oct 29, 1997
Sold by
Mills Thaddeus J
Bought by
Edin Mark B and Edin Sanja Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
7.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1996
Sold by
Seafield Land Corp
Bought by
Mills Thaddeus J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
7.25%
Mortgage Type
New Conventional
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
Reuter Candie -- First International Title
Reuter Candie -- First International Title
Asset Preservation Inc $497,000 First International Ttl Inc
Sawka Craig S $430,000 Attorney
Genuario Ralph R $235,900 --
Edin Mark B $216,000 --
Mills Thaddeus J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mills Thaddeus J $194,400
Previous Owner Mills Thaddeus J $118,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $430,000 -13.7% $199 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
07/23/2018 07/23/18 For Sale $498,000 -- $231 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $8,930 $558,760 $225,000 $333,760
2024 $9,118 $563,230 $563,230 $338,230
2023 $9,118 $567,700 $567,700 $342,700
2022 $8,952 $513,640 $226,000 $287,640
2021 $6,896 $376,000 $180,000 $196,000
2020 $6,646 $362,790 $170,000 $192,790
2019 $4,691 $289,752 $0 $0
2018 $4,000 $284,349 $0 $0
2017 $4,007 $278,501 $0 $0
2016 $4,263 $272,773 $0 $0
2015 -- $270,877 $0 $0
2014 -- $268,727 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20012872

Martin County REALTORS® of the Treasure Coast

APN: 48-38-41-270-000-00090-7

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