NOT LISTED FOR SALE

5592 SE Reef Way Stuart, FL 34997

Estimated Value: $1,112,000 - $1,531,000

3 Beds
2.5 Baths
3,210 Sq Ft
$398/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,000,000 $312 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,956/month

20 Days on Market

Highlights

  • Heated In Ground Pool
  • Deck
  • Cathedral Ceiling
  • Gated Community
  • Florida Architecture
  • Corner Lot

About This Home

As of September 2021

Own your piece of tropical paradise in the desirable Reef community in Rocky Point. Stunning Key West Style home with open floor plan and upgrades galore! This beauty features 3 spacious bedrooms, 2.5 baths, 2.5 car garage, gourmet kitchen with granite countertops, high-end appliances, vaulted ceilings, crown molding, plantation shutters, a gas fireplace, and travertine marble tile flooring. Exterior features include multiple balconies, gorgeous landscaping, a heated pool and spa, outdoor shower, generator, custom Tiki Hut with Brazilian Hardwood floors, a bar, and TV. Schedule your private tour today as this home will not last. Professional Photography Coming Soon.

Last Agent to Sell the Property

Matthew Walsh

Douglas Elliman License #3388489 Listed on: 08/26/2021

Douglas Elliman

Last Buyer's Agent

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,179

Year Built

  • Built in 2003

Lot Details

  • Property fronts a private road
  • East Facing Home
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $88 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,210 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Fireplace
  • Plantation Shutters
  • Family or Dining Combination
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Heated In Ground Pool
  • Fence Around Pool
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

  • Port Salerno Elementary School
  • Murray Middle School
  • South Fork High School

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,179

Year Built

Built in 2003

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Architectural Style: Florida
  • Directions: Cove Rd to Manatee Cove Rd to East on Horseshoe Point Rd to North on Kubin Ave to Right to Reef Way. Home is on the Right. The Reef is a Gated Community.
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Rocky Point
  • Year Built: 2003
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Bathtub, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, Family/Dining Room, Fireplace, High Ceilings, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 3210.0
  • Stories: 2
  • Window Features: Plantation Shutters, Shutters
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation, Outdoor Shower, Patio, Storm/Security Shutters
  • Lot Features: Corner Lot
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio
  • Pool Features: Fenced, Heated, In Ground, Pool Equipment
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Metal
  • View: Other
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Generator Hookup
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Security: Security System, Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Trash Collection, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 88.0
  • Association: Yes
  • Community Features: Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Port Salerno
  • High School: South Fork
  • Middle Or Junior School: Murray

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8179.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 15, 2021
Sold by
Shewbridge Charles W and Shewbridge Joanne G
Bought by
Mcleod Kenneth and Mcleod Leesa
Seller's Agent
Matthew Walsh
Douglas Elliman
Buyer's Agent
NON MEMBER
List Price
$889,000
Sold Price
$1,000,000
Premium/Discount to List
$111,000
12.49%
Current Estimated Value
$1,277,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,814
Avg. Annual Appreciation
5.78%

Purchase Details

Listed on
Feb 20, 2021
Closed on
Mar 31, 2021
Sold by
Menocal Antonio G and Menocal Leslie E
Bought by
Shewbridge Charles W and Shewbridge Joanne G
Seller's Agent
Annabelle Sireci, LLC
EXP Realty LLC
Buyer's Agent
Matthew Walsh
Douglas Elliman
List Price
$769,000
Sold Price
$815,000
Premium/Discount to List
$46,000
5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.00%

Purchase Details

Listed on
Sep 1, 2017
Closed on
Sep 29, 2017
Sold by
White William J and White Lisamarie
Bought by
Menocal Antonio G and Menocal Leslie E
Seller's Agent
Katherine Goodman
Water Pointe Realty Group
Buyer's Agent
Nicholas Wright
Keller Williams of the Treasure Coast
List Price
$559,000
Sold Price
$535,000
Premium/Discount to List
-$24,000
-4.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.82%

Purchase Details

Closed on
Dec 11, 2009
Sold by
Thomas Christian J and Thomas Lauren N
Bought by
White William J and White Lisamarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2008
Sold by
Thomas Christian J and Thomas Lauren N
Bought by
Thomas Christian J and Thomas Lauren N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 21, 2001
Sold by
Prisco Dominic T
Bought by
Thomas Christian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8%
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
Mcleod Kenneth $1,000,000 Attorney
Shewbridge Charles W $815,000 Attorney
Menocal Antonio G $535,000 Attorney
White William J $485,000 Attorney
Thomas Christian J -- None Available
Thomas Christian J $80,000 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White William J $388,000
Previous Owner Thomas Christian J $164,000
Previous Owner Thomas Christian J $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2021 09/15/21 Sold $1,000,000 +12.5% $312 / Sq Ft
08/26/2021 08/26/21 For Sale $889,000 +9.1% $277 / Sq Ft
03/31/2021 03/31/21 Sold $815,000 +6.0% $254 / Sq Ft View Prior Sale
03/01/2021 03/01/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $769,000 +43.7% $240 / Sq Ft
10/03/2017 10/03/17 Sold $535,000 -4.3% $167 / Sq Ft View Prior Sale
09/03/2017 09/03/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $559,000 0.0% $174 / Sq Ft
09/30/2016 09/30/16 Rented $2,900 0.0% --
08/31/2016 08/31/16 Under Contract -- -- --
08/03/2016 08/03/16 For Rent $2,900 +16.0% --
09/11/2014 09/11/14 Rented -- -- --
08/12/2014 08/12/14 Under Contract -- -- --
07/25/2014 07/25/14 For Rent $2,500 -- --
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 $14,639 $857,450 $225,000 $632,450
2024 $14,678 $864,880 $864,880 $639,880
2023 $14,678 $841,984 $0 $0
2022 $13,141 $765,440 $226,000 $539,440
2021 $8,305 $498,310 $0 $0
2020 $8,179 $491,430 $170,000 $321,430
2019 $8,145 $485,504 $0 $0
2018 $7,746 $464,950 $150,000 $314,950
2017 $7,978 $480,720 $185,000 $295,720
2016 $7,573 $427,600 $145,000 $282,600
2015 $6,320 $395,030 $110,000 $285,030
2014 $6,320 $367,450 $90,000 $277,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20030840

Martin County REALTORS® of the Treasure Coast

APN: 48-38-41-270-000-00200-4