NOT LISTED FOR SALE

5519 SE Reef Way Stuart, FL 34997

Estimated Value: $886,000 - $1,252,000

3 Beds
3.5 Baths
3,475 Sq Ft
$290/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 $6,237/month

42 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Roman Tub
  • Gated Community
  • Cathedral Ceiling
  • Wood Flooring

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. Association: No approval process. Buyer will need to complete an application sheet for the hoa for informational purposes. Vehicles: No boats, no RV's, no commercial trucks. Association covers unmanned gate, common areas including irrigation for common areas. There is 1 tennis court and a shared tennis court. Water access: There is a community easement on Bow Sprit with launch space for a paddleboard/kayak. FAQ's for auction are provided in documents. Pets: Max 4 (dogs, cats, tropical fish, birds) Dogs on leash at all times outside of house.

Last Agent to Sell the Property

Kelly Rossow

EXP Realty LLC License #3177908 Listed on: 12/19/2018

EXP Realty LLC

Last Buyer's Agent

Charles Holmes

Coldwell Banker Realty License #3335314

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1997

Lot Details

  • 18,208 Sq Ft Lot
  • Lot Dimensions are 128x149
  • South Facing Home

Parking

  • 2.5 Car Attached Garage
  • Circular Driveway

Home Design

  • Colonial Architecture

Interior Spaces

  • 3,475 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Security System Owned

Kitchen

  • Oven
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Full Bathroom
  • Accessibility Features

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 483841270000001005

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas
  • Reef Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,065

Year Built

Built in 1997

Lot Details

0.42 Acres

Parking

2

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
  • Architectural Style: Colonial
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: 5120
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Bathtub, Cathedral Ceiling(s), Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Garden Tub/Roman Tub, Main Level Primary, Multiple En Suite Bathrooms, Pantry, Split Bedrooms, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Oven, Refrigerator, Washer
  • Accessibility Features: Accessibility Features, Accessible Full Bath
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Entry Level Living Area Y
  • Flooring: Wood
  • Living Area: 3475.0
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.5
  • Attached Garage: Yes
  • Garage Spaces: 2.5
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Closet
  • Security: Security System Owned, Gated Community
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 87.95
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Street Lights
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 483841270000001005
  • Lot Size Acres: 0.42
  • Lot Size: 128X149
  • Lot Size Sq Ft: 18295.2
  • Mobile Dim Units: Feet
  • Zoning: RES

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 8065.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 6, 2019
Sold by
Nationstar Mortgage Llc
Bought by
Scott Thomas
Seller's Agent
Kelly Rossow
EXP Realty LLC
Buyer's Agent
Charles Holmes
Coldwell Banker Realty
List Price
$395,900
Sold Price
$351,000
Premium/Discount to List
-$44,900
-11.34%
Current Estimated Value
$1,006,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$655,395
Avg. Annual Appreciation
16.14%

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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Average Value
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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

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