NOT LISTED FOR SALE

5689 SE 44th Ave Stuart, FL 34997

Estimated Value: $276,000 - $359,000

1 Bed
2 Baths
800 Sq Ft
$401/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $339,000 $424 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,955/month

73 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating Available

About This Home

As of August 2024

FANTASTIC INVESTMENT OPPORTUNITY Full Duplex, $31,800. Yearly Income. (Room to increase, Long Term tenants have been Excellent) Each Unit has 1 Bed 1 Bath plus Utility area. Tiled throughout for easy maintenance. Brand New Metal Roof Just Completed and Newer AC’s. Located in South Stuart, mostly Single-Family Homes, a great spot. Please do not disturb the tenants or walk the property. Must have an Appointment to view these units.

Last Agent to Sell the Property

Ronald Schmidt

E-Xpress Properties RE Inc Brokerage Phone: 772-286-1668 License #655429 Listed on: 05/13/2024

Last Buyer's Agent

Sandra Hafemann

Sandals Realty Group, Inc. License #3312792

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1980

Lot Details

  • 0.26 Acre Lot

Home Design

  • 800 Sq Ft Home
  • Duplex
  • Concrete Siding
  • Block Exterior

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

Overview

  • No Home Owners Association
  • 800 Sq Ft Building

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,023

Year Built

Built in 1980

Lot Details

0.26 Acres

Listing Details

  • Directions: Federal Hwy to Cove Road East to 44th South to Property
  • Lot Size Acres: 0.258
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Subdivision Name: Park Estates
  • Year Built: 1980
  • Year Built Details: Resale
  • Ownership: Corporation
  • Attribution Contact: 772-286-1668
  • OriginatingSystemListAgentMemberKey: 51429560
  • ListAgentNationalAssociationId: 279060791
  • Special Features: None

Interior Features

  • Living Area: 800.0

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: Owner Is Listing Agent
  • Pool Private: No
  • Property Condition: Resale
  • Waterfront: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Non-Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3023.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Aug 9, 2024
Sold by
Black Bass 1 Llc
Bought by
Ramjass Ashram and Ramjass Lazina
Seller's Agent
Ronald Schmidt
E-Xpress Properties RE Inc
Buyer's Agent
Sandra Hafemann
Sandals Realty Group, Inc.
List Price
$369,000
Sold Price
$339,000
Premium/Discount to List
-$30,000
-8.13%
Views
75
Current Estimated Value
$320,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,023
Avg. Annual Appreciation
-3.34%
Original Mortgage
$271,200
Outstanding Balance
$268,178
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$52,799

Purchase Details

Listed on
Aug 9, 2012
Closed on
Sep 10, 2012
Sold by
U S Bank National Association
Bought by
Black Bass 1 Llc
Seller's Agent
Gian Maiucci
Berkshire Hathaway Florida Realty
Buyer's Agent
Julian Maiucci
EXP Realty LLC
List Price
$39,900
Sold Price
$40,200
Premium/Discount to List
$300
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%

Purchase Details

Closed on
Jun 5, 2012
Sold by
Moore Fannie M
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 11, 1995
Bought by
Black Bass I Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Ramjass Ashram $339,000 Title Pros Of Florida Llc
Black Bass 1 Llc $40,200 Shore To Shore Title Inc
Us Bank National Association $24,800 None Available
Black Bass I Llc $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramjass Ashram $271,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/12/2024 08/12/24 Sold $339,000 -2.9% $424 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
06/17/2024 06/17/24 Price Changed $349,000 -2.8% $436 / Sq Ft
05/24/2024 05/24/24 Price Changed $359,000 -2.7% $449 / Sq Ft
05/13/2024 05/13/24 For Sale $369,000 +817.9% $461 / Sq Ft
09/27/2012 09/27/12 Sold $40,200 +0.8% $50 / Sq Ft View Prior Sale
08/28/2012 08/28/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $39,900 -- $50 / Sq Ft
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 $3,204 $274,430 $80,000 $194,430
2024 $3,023 $120,960 -- --
2023 $3,023 $109,964 $0 $0
2022 $2,729 $99,968 $0 $0
2021 $2,566 $90,880 $0 $0
2020 $2,188 $100,800 $45,000 $55,800
2019 $2,083 $95,040 $40,000 $55,040
2018 $1,839 $72,000 $30,000 $42,000
2017 $1,050 $63,000 $30,000 $33,000
2016 $1,613 $63,000 $25,000 $38,000
2015 $1,363 $51,300 $34,000 $17,300
2014 $1,363 $48,000 $22,000 $26,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    Ronald Schmidt

    E-Xpress Properties RE Inc

    (772) 260-9519

    3 in this area

    7 Total Sales

    Ronald Schmidt
    Section Image
  • Sandra Hafemann

    Buyer's Agent in 2024

    Sandra Hafemann

    Sandals Realty Group, Inc.

    (561) 704-9545

    1 in this area

    8 Total Sales

    Sandra Hafemann
    Section Image

  • G

    Seller's Agent in 2012

    Gian Maiucci

    Berkshire Hathaway Florida Realty

    Section Image

  • J

    Seller Co-Listing Agent in 2012

    Julian Maiucci

    EXP Realty LLC

    3 in this area

    115 Total Sales

    Julian Maiucci
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20044936

Martin County REALTORS® of the Treasure Coast

APN: 25-38-41-002-023-00170-5

Florida Martin County Stuart 34997

5689 SE 44th Ave, Stuart, FL

Not Listed for Sale

MultiFamily

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Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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