NOT LISTED FOR SALE

5579 NE Gulfstream Way Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $352,168 - $428,000

2 Beds
2 Baths
873 Sq Ft
1980 Built

Last Sold November 16, 2017

Last sale price $220,000 $252 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,442/month

213 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Screened Porch
  • Felix A. Williams Elementary School Rated A-
  • Furnished
  • Community Pool

About This Home

As of November 2017

What a view from this unit directly overlooking the golf course! Wide golf course vistas plus lake views! Ground floor unit with no stairs to impeded your access. Offered fully furnished! Leased during the season for $4500 monthly. The lakeside community offers its own community pool plus it is in walking distance to the ocean plus offers resort amenities! Lakeside is situated within a Marriott resort community offering ocean access, dining facilities, full service marina on the Intracoastal waterway, golf, tennis, fitness centers, etc. Located on Hutchison Island in Martin County, Downtown Stuart and Jensen Beach are approximately 10 minutes away! Value!

Last Agent to Sell the Property

Stephen Dutcher

Illustrated Properties/Sewalls License #393825 Listed on: 03/16/2017

Illustrated Properties/Sewalls

Last Buyer's Agent

Rosi Shepard

RE/MAX of Stuart License #3320083

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,606

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • North Facing Home

Interior Spaces

  • 873 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Combination Dining and Living Room
  • Screened Porch
  • Carpet

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 313742050002557902

Community Details

Overview

  • Property has a Home Owners Association
  • Lakeside Condo Subdivision

Recreation

  • Golf Course Community
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,606

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Indian River Lagoon North, right at Macarthur, left at NE Planation Road, Turn left at NE Gulfstream Way
  • Year Built: 1980
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Living/Dining Room, None, Tub Shower
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Linoleum
  • Living Area: 873.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: North
  • Patio And Porch Features: Patio, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 395.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Golf Course, Pool
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes

Lot Info

  • Parcel #: 313742050002557902
  • Mobile Dim Units: Feet
  • Zoning: C040

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2606.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2017
Closed on
Nov 13, 2017
Sold by
Labonte Stephen G and Labonte Stephen
Bought by
Jack Murphy Property Management Llc
Seller's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
Buyer's Agent
Rosi Shepard
RE/MAX of Stuart
List Price
$229,998
Sold Price
$220,000
Premium/Discount to List
-$9,998
-4.35%
Current Estimated Value
$394,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,542
Avg. Annual Appreciation
7.37%
Original Mortgage
$154,000
Outstanding Balance
$130,328
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$264,214

Purchase Details

Listed on
Mar 16, 2017
Closed on
Oct 6, 2017
Sold by
Borke Louise
Bought by
Labonte Stephen G
Seller's Agent
Stephen Dutcher
Illustrated Properties/Sewalls
Buyer's Agent
Rosi Shepard
RE/MAX of Stuart
List Price
$229,998
Sold Price
$220,000
Premium/Discount to List
-$9,998
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Outstanding Balance
$130,328
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$264,214

Purchase Details

Closed on
Jan 20, 2006
Sold by
Borke Louise I and Borke Susan E
Bought by
Borke Louise I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1990
Bought by
Borke Louise I

Purchase Details

Closed on
Oct 1, 1985
Bought by
Borke Louise I
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
Jack Murphy Property Management Llc $220,000 Attorney
Labonte Stephen G $220,000 Attorney
Borke Louise I -- Multiple
Borke Louise I $100 --
Borke Louise I $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jack Murphy Property Management Llc $154,000
Previous Owner Labonte Stephen G $220,000
Previous Owner Borke Louise I $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2017 11/16/17 Sold $220,000 -4.3% $252 / Sq Ft
10/17/2017 10/17/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $229,998 -- $263 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $4,716 $291,355 -- --
2024 $4,461 $264,869 -- --
2023 $4,461 $240,790 $0 $0
2022 $3,914 $218,900 $0 $0
2021 $3,496 $199,000 $0 $199,000
2020 $3,236 $183,000 $0 $0
2019 $3,277 $183,000 $0 $0
2018 $3,260 $183,000 $0 $0
2017 $2,902 $174,000 $0 $0
2016 $2,606 $151,000 $0 $151,000
2015 $2,514 $151,000 $0 $151,000
2014 $2,514 $151,000 $0 $151,000
Source: Public Records

Agents Affiliated with this Home

  • Stephen Dutcher

    Seller's Agent in 2017

    Stephen Dutcher

    Illustrated Properties/Sewalls

    (772) 419-0340

    11 in this area

    147 Total Sales

    Stephen Dutcher
    Section Image
  • Rosi Shepard

    Buyer's Agent in 2017

    Rosi Shepard

    RE/MAX

    (772) 323-7037

    1 in this area

    64 Total Sales

    Rosi Shepard
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10317227

BeachesMLS (Greater Fort Lauderdale)

APN: 31-37-42-050-002-55790-2

Florida Martin County Stuart 34996 South Hutchinson Island

5579 NE Gulfstream Way, Stuart, FL

Not Listed for Sale

Condos

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