NOT LISTED FOR SALE

550 SE Ashley Oaks Way Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $895,000 - $1,027,000

5 Beds
3 Baths
2,786 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $975,000 $350 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,895/month

46 Days on Market

Highlights

  • Lake Front
  • Concrete Pool
  • 24,574 Sq Ft lot
  • Boat Ramp
  • RV Access or Parking
  • Vaulted Ceiling

About This Home

As of April 2024

Come see this exceptional 5 bedroom, 3 bath single family CBS home with breathtaking LAKE views in South Fork Estates! Enjoy the luxury of a swimming pool and spa in your own private backyard oasis! The open kitchen boasts granite countertops (with oversized island), soft-close cabinets, and new stainless steel appliances. BRAND NEW ROOF installed in 2024! Pool was resurfaced in 2023. Relax in style and privacy with a fully fenced backyard. Your dream home awaits! South Fork Estates is a small HOA community consisting of 121 single family homes - with boat & RV storage, community playground, and canoe & kayak river access. This home is located super close to Halpatiokee Regional Park, the largest park in Martin County - featuring soccer & football fields, tennis

Last Agent to Sell the Property

Bradley Hurst

Illustrated Properties LLC (Jupiter) License #3409760 Listed on: 02/23/2024

Illustrated Properties LLC (Jupiter)

Last Buyer's Agent

Jeanne Johnston

Lang Realty/BR License #365697

Lang Realty/BR

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,870

Year Built

  • Built in 1994

Lot Details

  • 0.56 Acre Lot
  • Lake Front
  • Fenced
  • Sprinkler System

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Property Views

  • Lake
  • Pool

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,786 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Bay Window
  • Entrance Foyer
  • Great Room
  • Family Room
  • Open Floorplan
  • Dining Room
  • Den
  • Sun or Florida Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Heated Spa
  • In Ground Spa
  • Screen Enclosure

Outdoor Features

  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 043941006000005600

Community Details

Overview

  • South Fork Estates Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,870

Year Built

Built in 1994

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1994
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, Family/Dining Room, High Ceilings, Living/Dining Room, Pantry, Skylights, Separate Shower, Stacked Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Attic, Bay Window
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Laminate, Tile
  • Living Area: 2786.0
  • Dining Room Type: Attic, Den, Family Room, Great Room, Laundry, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Lake, Pool
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Concrete, Pool, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 75.0
  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 043941006000005600
  • Lot Size: 1/2 to < 1 Acre,West of
  • Lot Size Sq Ft: 24574.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10870.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2024
Closed on
Apr 9, 2024
Sold by
Marini Matthew A
Bought by
Galmarini Blake and Galmarini Carlie
Seller's Agent
Bradley Hurst
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Jeanne Johnston
Lang Realty/BR
List Price
$975,000
Sold Price
$975,000
Views
35
Current Estimated Value
$938,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,432
Avg. Annual Appreciation
-2.25%
Original Mortgage
$731,250
Outstanding Balance
$720,448
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$218,120

Purchase Details

Closed on
Oct 15, 2018
Sold by
Stuart High Point Llc
Bought by
Stuchel Margaret

Purchase Details

Listed on
Apr 6, 2017
Closed on
Jun 19, 2017
Sold by
Faulk Olan J and Faulk Sarah E
Bought by
Stuart High Point Llc
Seller's Agent
Angelo Gettino
Sutter & Nugent LLC
List Price
$469,900
Sold Price
$435,000
Premium/Discount to List
-$34,900
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%

Purchase Details

Closed on
Aug 7, 2000
Sold by
Boggs Charles W and Boggs Connie E
Bought by
Faulk Olan J and Faulk Sarah E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 1994
Bought by
Faulk Olan J and Faulk Sarah E

Purchase Details

Closed on
Mar 26, 1993
Bought by
Faulk Olan J and Faulk Sarah E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Galmarini Blake $975,000 Patch Reef Title
Galmarini Blake $975,000 Patch Reef Title
Stuchel Margaret -- Attorney
Stuart High Point Llc $435,000 Florida Title & Guarantee Ag
Faulk Olan J $229,000 --
Faulk Olan J $35,000 --
Faulk Olan J $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galmarini Blake $731,250
Closed Galmarini Blake $731,250
Previous Owner Faulk Olan J $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2024 04/15/24 Sold $975,000 0.0% $350 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
02/23/2024 02/23/24 For Sale $975,000 +41.1% $350 / Sq Ft
03/25/2022 03/25/22 Sold $691,000 -1.1% $248 / Sq Ft View Prior Sale
02/09/2022 02/09/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $699,000 +60.7% $251 / Sq Ft
06/19/2017 06/19/17 Sold $435,000 -7.4% $156 / Sq Ft View Prior Sale
05/20/2017 05/20/17 Pending -- -- --
04/06/2017 04/06/17 For Sale $469,900 -- $169 / Sq Ft
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 $10,650 $811,740 $275,000 $536,740
2024 $10,870 $621,810 $621,810 $361,810
2023 $10,870 $626,650 $626,650 $366,650
2022 $6,183 $388,231 $0 $0
2021 $6,205 $376,924 $0 $0
2020 $6,090 $371,720 $150,000 $221,720
2019 $6,022 $364,870 $150,000 $214,870
2018 $6,591 $358,820 $150,000 $208,820
2017 $4,011 $278,763 $0 $0
2016 -- $273,029 $0 $0
2015 -- $271,131 $0 $0
2014 -- $268,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2024

    Bradley Hurst

    Illustrated Properties LLC (Jupiter)

    (561) 254-9696

    2 in this area

    92 Total Sales

    Bradley Hurst
    Section Image

  • J

    Buyer's Agent in 2024

    Jeanne Johnston

    Lang Realty/BR

    (561) 251-6001

    1 in this area

    31 Total Sales

    Jeanne Johnston
    Section Image
  • Joan Rogers

    Seller's Agent in 2022

    Joan Rogers

    Berkshire Hathaway Florida Realty

    (772) 485-3513

    7 in this area

    130 Total Sales

    Joan Rogers
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Marianne Windridge

    Berkshire Hathaway Florida Realty

    Section Image

  • A

    Seller's Agent in 2017

    Angelo Gettino

    Sutter & Nugent LLC

    (561) 386-1470

    4 Total Sales

    Angelo Gettino
    Section Image

  • F

    Seller Co-Listing Agent in 2017

    Frank Parker

    Sutter & Nugent LLC

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Map

Source: BeachesMLS

MLS Number: R10962356

BeachesMLS

APN: 04-39-41-006-000-00560-0

Florida Martin County Stuart 34997 South Stuart

550 SE Ashley Oaks Way, Stuart, FL

Not Listed for Sale

Detached

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