NOT LISTED FOR SALE

5614 SE Schooner Oaks Way Stuart, FL 34997

Estimated Value: $383,000 - $1,260,487

3 Beds
2 Baths
1,806 Sq Ft
$698/mo HOA Fee

Last Sold July 28, 2023

Last sale price $1,250,000 $692 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $5,970/month

123 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Home Theater
  • South Fork High School Rated A-
  • Intracoastal View
  • Clubhouse

About This Home

As of July 2023

Welcome to your dream waterfront condo, where every room offers breathtaking views of the St. Lucie River and Intracoastal Waterway. As soon as you step inside, you'll be captivated by the stunning open-floor concept, designed for both comfort and luxury. The spacious living and kitchen areas offer the perfect spot for entertaining guests.You won't want to miss the magnificent second-floor deck, the ideal spot to take in the panoramic water views. Imagine relaxing on your outdoor sectional and table while watching boats cruising by and enjoying the breeze of the river. And when you're ready to unwind, the expansive Florida room provides an unobstructed view of Twin River Park, perfect for relaxing and taking in the sunrise/sunsets.

Last Agent to Sell the Property

Elizabeth Folmar

Waterfront Properties & Club C License #3341184 Listed on: 03/17/2023

Waterfront Properties & Club C

Last Buyer's Agent

Elizabeth Folmar

Waterfront Properties & Club C License #3341184 Listed on: 03/17/2023

Waterfront Properties & Club C

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,815

Year Built

  • Built in 1993

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • River Front
  • Sprinkler System

HOA Fees

  • $698 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Intracoastal
  • River

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,806 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Open Floorplan
  • Home Theater
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 483841180023561400

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, pest control, pool(s), recreation facilities, reserve fund, roof
  • Schooner Oaks Subdivision

Amenities

  • Clubhouse
  • Billiard Room
  • Community Library

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,815

Year Built

Built in 1993

Lot Details

0

HOA Fees

$698 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US1 to Cove Rd., E. on Cove, Cross over A-1-A & turn left on Manatee, turn right on Horseshoe, turn left on SE Kubin, go 1mile to Schooner Oaks. turn right, Unit located at very end.
  • Year Built: 1993
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Family/Dining Room, High Ceilings, Kitchen/Dining Combo, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Tile, Wood
  • Living Area: 1806.0
  • Dining Room Type: Den, Family Room, Florida Room, Laundry, Media Room, Porch
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Porch
  • View: Intercoastal, River
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Frame, Wood Siding
  • Patio And Porch Features: Balcony, Glass Enclosed, Open, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, On Street, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 698.0
  • Community Features: Clubhouse, Non-Gated, Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Billiard Room, Clubhouse, Library, Pool, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Roof

Lot Info

  • Parcel #: 483841180023561400
  • Zoning Description: RES

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5815.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jul 28, 2023
Sold by
Schooner Oaks Investments Llc
Bought by
Magruder David C and Magruder Patricia D
Seller's Agent
Elizabeth Folmar
Waterfront Properties & Club C
Buyer's Agent
Elizabeth Folmar
Waterfront Properties & Club C
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%
Views
103
Current Estimated Value
$854,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$395,968
Avg. Annual Appreciation
-14.90%
Original Mortgage
$750,000
Interest Rate
6.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 27, 2020
Sold by
Miller Henderson Dale and Estate Of Deane M Dorwart
Bought by
Schooner Oaks Investments Llc

Purchase Details

Closed on
Aug 11, 2008
Sold by
Pierson Susan W
Bought by
Dorwart Robert J and Dorwart Deane M

Purchase Details

Closed on
Sep 14, 2005
Sold by
Aschheim Lydie
Bought by
Susan W Pierson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2001
Sold by
Aschheim Lydie
Bought by
Aschheim Lydie Trust

Purchase Details

Closed on
Mar 16, 2001
Sold by
Aschheim Lydie
Bought by
Dorwart Robert J and Dorwart Deane M

Purchase Details

Closed on
Nov 1, 2000
Sold by
Zaruca David A and Zaruca Sandra A
Bought by
Aschheim Lydie

Purchase Details

Closed on
Jun 23, 1993
Sold by
Schooner Oaks Ltd Co
Bought by
Zaruca David A and Zaruca Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
7.44%
Source: Public Records

Range of Values:

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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
Magruder David C $1,250,000 Landmark Title
Schooner Oaks Investments Llc $545,000 Attorney
Dorwart Robert J $540,000 Waveland Title Services Llc
Susan W Pierson Living Trust $610,000 --
Aschheim Lydie Trust -- --
Dorwart Robert J -- --
Aschheim Lydie $219,900 --
Zaruca David A $1,685,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Magruder David C $750,000
Previous Owner Susan W Pierson Living Trust $457,500
Previous Owner Zaruca David A $134,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $1,250,000 -3.8% $692 / Sq Ft
07/19/2023 07/19/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $1,300,000 -5.8% $720 / Sq Ft
04/27/2023 04/27/23 Price Changed $1,380,000 -8.0% $764 / Sq Ft
03/17/2023 03/17/23 For Sale $1,500,000 -- $831 / 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 $7,153 $490,923 -- --
2024 $6,820 $477,088 -- --
2023 $6,820 $370,260 $0 $0
2022 $5,815 $336,600 $0 $0
2021 $5,295 $306,000 $0 $306,000
2020 $5,061 $290,000 $0 $0
2019 $4,804 $273,000 $0 $0
2018 $4,780 $273,000 $0 $0
2017 $4,591 $273,000 $0 $0
2016 $4,505 $265,000 $0 $265,000
2015 $4,350 $265,000 $0 $265,000
2014 $4,350 $265,000 $0 $265,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2023

    Elizabeth Folmar

    Waterfront Properties & Club C

    (561) 222-2605

    5 in this area

    54 Total Sales

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Map

Source: BeachesMLS

MLS Number: R10874551

BeachesMLS

APN: 48-38-41-180-023-56140-0

Florida Martin County Stuart 34997

5614 SE Schooner Oaks Way, Stuart, FL

This home is located at 5614 SE Schooner Oaks Way, Stuart, FL 34997 since 17 March 2023 and is currently estimated at $801,622, approximately $443 per square foot. This property was built in 1993. 5614 SE Schooner Oaks Way is a home located in Martin County with nearby schools including Port Salerno Elementary School, Murray Middle School, and South Fork High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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