NOT LISTED FOR SALE

5519 SE Reef Way Stuart, FL 34997

Estimated Value: $772,000 - $1,286,000

3 Beds
3.5 Baths
3,475 Sq Ft
$293/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $351,000 $101 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $6,279/month

47 Days on Market

Highlights

  • Private Pool
  • Roman Tub
  • Tennis Courts
  • Vaulted Ceiling
  • Wood Flooring
  • Den

About This Home

As of March 2019

Amazing opportunity to own in the The Reef in Rocky Point in Stuart. Great floorplan, hardwood flooring, granite kitchen and screened pool are the features to be noted. This well planned home rests 1 property from the water,nestled within native landscape providing shade & privacy. This blank canvas is ready for renovation with a formal living and dining room, office, his and hers bathrooms, handicap accessible roll in shower & soaking tub. His/hers closets with built in's, an extended kitchen pantry & North facing lanai. Split plan/generous room sizes.The Reef is a neat & clean community,w/ 2 tennis courts, easement to the water & is pet friendly. The association fee covers common areas, gate and street lights. There is no approval process, just an info sheet to the hoa.

Last Agent to Sell the Property

Kelly Rossow

EXP Realty LLC License #3177908 Listed on: 12/18/2018

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1997

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 128x149

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Interior Spaces

  • 3,475 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 483841270000001005

Community Details

Overview

  • Association fees include common areas
  • Reef Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,065

Year Built

Built in 1997

Lot Details

0

HOA Fees

$88 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Kanner Hwy. R on SE Cove Rd, past US 1, through traffic circle, L SE Manatee Cove Rd, R SE Horsehoe Pt Rd, L SE Kubin Ave, R into The Reef SE Reef Way
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Garden Tub/Roman Tub, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Wood
  • Living Area: 3475.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 88.0
  • Community Features: Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 483841270000001005
  • Lot Size: 128X149
  • Lot Size Sq Ft: 18208.0
  • Zoning Description: RES

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8065.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2018
Closed on
Mar 6, 2019
Sold by
Nationstar Mortgage Llc
Bought by
Scott Thomas
Seller's Agent
Kelly Rossow
EXP Realty LLC
List Price
$395,900
Sold Price
$351,000
Premium/Discount to List
-$44,900
-11.34%
Current Estimated Value
$1,008,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$657,633
Avg. Annual Appreciation
16.71%

Purchase Details

Closed on
Oct 24, 2017
Sold by
Miller Michael
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Apr 14, 2005
Sold by
Oconnor Thomas P
Bought by
Miller Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2005
Sold by
Oconnor Thomas and Oconnor Georgia
Bought by
Oconnor Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1996
Sold by
Raucci Paul M
Bought by
O'Connor Thomas and O'Connor Georgia

Purchase Details

Closed on
Dec 11, 1995
Sold by
Soukup Design Homes Inc
Bought by
Raucci Paul M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.4%
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
Scott Thomas $351,000 Attorney
Nationstar Mortgage Llc $77,800 None Available
Miller Michael $570,000 --
Oconnor Thomas P -- --
Oconnor Thomas P -- --
O'Connor Thomas $47,500 --
Raucci Paul M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Michael $456,000
Previous Owner Raucci Paul M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $351,000 -11.3% $101 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
12/19/2018 12/19/18 For Sale $395,900 -- $114 / 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 $11,313 $699,260 $225,000 $474,260
2024 $10,883 $638,826 -- --
2023 $10,883 $580,751 $0 $0
2022 $10,089 $634,850 $226,000 $408,850
2021 $8,695 $479,960 $180,000 $299,960
2020 $8,413 $464,080 $170,000 $294,080
2019 $8,733 $478,350 $180,000 $298,350
2018 $8,065 $443,000 $150,000 $293,000
2017 $5,200 $349,476 $0 $0
2016 $5,445 $342,288 $0 $0
2015 $5,174 $339,908 $0 $0
2014 $5,174 $337,210 $85,000 $252,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10489402

BeachesMLS (Greater Fort Lauderdale)

APN: 48-38-41-270-000-00100-5