NOT LISTED FOR SALE

5615 SE Reef Way Stuart, FL 34997

Estimated Value: $3,501,000 - $4,939,000

5 Beds
6 Baths
6,186 Sq Ft
$709/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $3,700,000 $598 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $28,381/month

75 Days on Market

Highlights

  • Boat Dock
  • Access To Intracoastal Waterway
  • Two Primary Bedrooms
  • South Fork High School Rated A-
  • Concrete Pool
  • Gated Community

About This Home

As of July 2021

WATERFRONT Intracoastal Waterway Executive Estate, Gated Reef Community, 2 minutes to the Atlantic Ocean, 1+acre property with Old Florida trees. Features include: Custom built, 6964 tot.sq. ft., 100% PGT impact glass, 5 bedrooms, first floor and second floor master suites, 6 full baths, poured concrete construction with hurricane safe wing, auto generator, 500 gal. underground propane tank, summer kitchen, salt water pool, gourmet kitchen, 6 burner gas cooktop, 2 dishwashers, 2 ovens, butler's pantry with 3rd oven and 2nd microwave, 500 bottle wine cooler, pre-engineered for potential elevator, 2 laundry rooms 1 upstairs and 1 downstairs, 4 HVAC units, HWH, generator new in 2018, triple layer modified tile roof & gutters, indoor/outdoor sound system & more. Dock with power and water for large yacht. Rm sizes approx. see supplement feature list.

Last Agent to Sell the Property

William Quinn

Berkshire Hathaway Florida Realty License #165542 Listed on: 04/12/2021

Berkshire Hathaway Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,856

Year Built

  • Built in 2007

Lot Details

  • 1.02 Acre Lot
  • Lot Dimensions are 115x403x112x401
  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • West Facing Home
  • Fenced
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $88 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Siding

Interior Spaces

  • 6,186 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Awning
  • Tinted Windows
  • Blinds
  • Bay Window
  • Arched Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Property Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Closet Cabinetry
  • 6 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Storm Windows
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • 1 to 5 Parking Spaces

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Outdoor Shower

Outdoor Features

  • Access To Intracoastal Waterway
  • River Access
  • Deep Water Access
  • Balcony
  • Deck
  • Covered patio or porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Generator Hookup
  • Power Generator
  • Well
  • Water Heater
  • Water Purifier
  • Water Softener
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, security
  • Association Phone (772) 234-3005

Recreation

  • Boat Dock
  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,856

Year Built

Built in 2007

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Architectural Style: Mediterranean
  • Co List Office Mls Id: 279000060
  • Co List Office Phone: 772-283-2800
  • Directions: A1A left at Anchor, Right at Horseshoe Point Rd. , to left on Robertson Rd., Right on Williams Way, Right on Kubin, left into the Reef..
  • Garage Yn: Yes
  • Lot Size Acres: 1.023
  • Lot Size: 115x403x112x401
  • 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: 3
  • Subdivision Name: Reef & Rep
  • Year Built: 2007
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Some Electric Appliances, Built-In Oven, Cooktop, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Solar Hot Water, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen Island, Master Downstairs, Living/Dining Room, Multiple Master Suites, Pantry
  • Living Area: 6186.0
  • Stories: 3
  • Window Features: Arched, Blinds, Bay Window(s), Sliding, Storm Window(s), Tinted Windows, Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete
  • Direction Faces: West
  • Disclosures: Deed Restriction
  • Exterior Features: Awning(s), Balcony, Deck, Fence, Sprinkler/Irrigation, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Porch, Patio
  • Lot Features: Cul-De-Sac, Trees, Sprinklers Automatic
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio, Porch
  • Pool Features: Concrete, Gunite, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Barrel
  • View: Intercoastal
  • View: Yes
  • Waterfront Features: Deep Water, Intracoastal Access, River Access, Water Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Electric: Generator, Generator Hookup
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Laundry Tub
  • Security: Security System Owned, Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 88.0
  • Phone: 772-234-3005
  • Association: Yes
  • Community Features: Dock, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

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

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 25856.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Jul 26, 2021
Sold by
Viny Judy and Judy Viny Trust
Bought by
Freed Elizabeth
Seller's Agent
William Quinn
Berkshire Hathaway Florida Realty
List Price
$3,250,000
Sold Price
$3,700,000
Premium/Discount to List
$450,000
13.85%
Current Estimated Value
$4,385,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$685,144
Avg. Annual Appreciation
4.14%

Purchase Details

Listed on
Jul 5, 2015
Closed on
Jun 15, 2016
Sold by
Higgins Robert W and Higgins Kathy M
Bought by
Viny Judy and Judy Viny Declaration Of Trust
Seller's Agent
Victoria LaSasso
Inactive member
List Price
$2,895,000
Sold Price
$2,300,000
Premium/Discount to List
-$595,000
-20.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.73%

Purchase Details

Closed on
Nov 16, 2015
Sold by
Higgins Robert W and Higgins Kathy M
Bought by
Judy Viny Declaration Of Trust

Purchase Details

Closed on
Sep 28, 2010
Sold by
Higgins Robert W and Higgins Kathy Musso
Bought by
Higgins Robert W and Higgins Kathy M

Purchase Details

Closed on
Feb 25, 2008
Sold by
Higgins Robert W and Higgins Kathy M
Bought by
Higgins Robert W and Higgins Kathy Musso

Purchase Details

Closed on
Oct 5, 2006
Sold by
Higgins Robert W and Higgins Kathy M
Bought by
Higgins Robert W and Higgins Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2001
Sold by
Keister L Richardson M and Camille F Richardson M
Bought by
Higgins Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 1997
Sold by
Soukup Design Homes Inc
Bought by
Richardson Keister L and Richardson Camille F
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
Freed Elizabeth $3,700,000 Attorney
Viny Judy $2,300,000 None Available
Judy Viny Declaration Of Trust $100 --
Higgins Robert W -- Attorney
Higgins Robert W -- Attorney
Higgins Robert W -- First American Title Ins Co
Higgins Robert W $415,000 --
Richardson Keister L $226,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Higgins Robert W $1,300,000
Previous Owner Richardson Keister L $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $3,700,000 +13.8% $598 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $3,250,000 +41.3% $525 / Sq Ft
06/15/2016 06/15/16 Sold $2,300,000 -20.6% $372 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
07/05/2015 07/05/15 For Sale $2,895,000 -- $468 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $48,887 $3,079,577 -- --
2024 $48,181 $2,992,787 -- --
2023 $48,181 $2,905,619 $0 $0
2022 $46,660 $2,820,990 $950,000 $1,870,990
2021 $26,077 $1,525,890 $0 $0
2020 $25,856 $1,504,823 $0 $0
2019 $25,479 $1,470,990 $0 $0
2018 $24,870 $1,443,562 $0 $0
2017 $23,093 $1,413,872 $0 $0
2016 $28,196 $1,680,672 $0 $0
2015 $23,021 $1,435,745 $0 $0
2014 $23,021 $1,424,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20028858

Martin County REALTORS® of the Treasure Coast

APN: 48-38-41-270-000-00140-7