NOT LISTED FOR SALE

5799 NE Island Cove Way Unit 1201 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $574,000 - $707,000

2 Beds
2 Baths
1,204 Sq Ft
$355/mo HOA Fee

Last Sold December 11, 2012

Last sale price $260,000 $216 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $4,245/month

263 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Gated Community
  • Hydromassage or Jetted Bathtub
  • Felix A. Williams Elementary School Rated A-
  • Lake View
  • End Unit

About This Home

As of December 2012

BAYVIEW IS INDIAN RIVER PLANTATION'S MOST AMENITY-ENHANCED RESIDENTIAL CONDOMINIUM RIVER FRONT SETTING. ACTUAL SETTING OF THIS LOVELY CONDO IS ON BAYVIEW'S PRIVATE PARK, WITH LAKE VISTAS! NEWER CARPET, FRESHLY PAINTED THROUGHOUT, NEW LIVING ROOM FURNITURE & FLAT SCREEN TV! CAN ALSO BE A GREAT RENTAL TOO WHEN YOU'RE NOT USING IT. SEASONAL RENTALS BEGIN AT $4000/Mo. ENJOY BAYVIEW'S PRIVATE CLUBHOUSE, WITH FITNESS CENTER, TV AREA AND KITCHEN! STEPS AWAY LIES HUGE HOT TUB AND GORGEOUS POOL SETTING! MARRIOTT MEMBERSHIPS AVAILABLE & YOU CAN PLAY 18 HOLE GOLF, OR TENNIS, USE 3 MARRIOTT POOLS, EARN MARRIOTT POINTS ENJOY OCEAN TIKI BAR...A VERITABLE FAMILY PLAYGROUND, AFFORDABLE, ON HUTCHINSON ISLAND, STUART, FL!

Last Agent to Sell the Property

Gary Kaufenberg

Beach Front Mann Realty/Stuart Brokerage Phone: 772-225-0665 License #559148 Listed on: 02/22/2012

Last Buyer's Agent

Gary Kaufenberg

Beach Front Mann Realty/Stuart Brokerage Phone: 772-225-0665 License #559148 Listed on: 02/22/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,117

Year Built

  • Built in 1997

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts a private road
  • End Unit

HOA Fees

  • $355 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,204 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space

Outdoor Features

  • Balcony

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Martin County High School

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, maintenance structure, reserve fund, road maintenance, sewer, security, trash, water
  • 128 Units
  • Association Phone (772) 334-8900

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,117

Year Built

Built in 1997

Lot Details

0

HOA Fees

$355 per month

Listing Details

  • Carport Y N: Yes
  • Directions: A1A FROM STUART CROSS 2 BRIDGES TO HUTCHINSON ISLAND, RIGHT ON MACARTHUR BLVD., RIGHT ON PLANTATION RD.
  • Entry Level: 2
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: BAYVIEW @ IRP CONDO
  • Year Built: 1997
  • Ownership: Fee Simple
  • Attribution Contact: 772-225-0665
  • OriginatingSystemListAgentMemberKey: 51429088
  • ListAgentNationalAssociationId: 279060421
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Partially
  • Interior Amenities: Breakfast Bar, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Jetted Tub, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Living Area: 1204.0

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Concrete
  • Direction Faces: Southwest
  • Disclosures: Seller Disclosure
  • Exterior Features: Balcony, Porch, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Covered, Porch, Screened
  • Pool Private: No
  • Roof: Metal, Other
  • View: Lake, Other
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Covered, Detached Carport
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Ceiling Fan(s)
  • Laundry Features: Washer Hookup
  • Security: Gated Community, Smoke Detector(s)
  • Utilities: Cable Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 355.0
  • Phone: 772-334-8900
  • Community Features: Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Other, Reserve Fund, Road Maintenance, Sewer, Security, Trash, Water

Schools

  • Elementary School: Felix A Williams
  • High School: Martin County
  • Middle Or Junior School: Stuart

Lot Info

  • Zoning Description: RES

Multi Family

  • Number Of Units In Community: 128

Tax Info

  • Tax Annual Amount: 3117.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2012
Closed on
Dec 11, 2012
Sold by
Kinsella Lawrence J
Bought by
Wolff Patti Converse
Seller's Agent
Gary Kaufenberg
Beach Front Mann Realty/Stuart
Buyer's Agent
Gary Kaufenberg
Beach Front Mann Realty/Stuart
List Price
$284,900
Sold Price
$260,000
Premium/Discount to List
-$24,900
-8.74%
Current Estimated Value
$631,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,393
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Apr 2, 2012
Sold by
Kinsella Lawrence J
Bought by
Kinsella Lawrence J and The Patricia A Kinsella Credit Shelter T

Purchase Details

Closed on
Nov 18, 2005
Sold by
Kinsella Patricia A
Bought by
Kinsella Patricia A and The Patricia A Kinsella Revocable Living

Purchase Details

Closed on
Dec 16, 2003
Sold by
Equity Exchange Properties Llc
Bought by
Kinsella Patricia A

Purchase Details

Closed on
Aug 19, 1999
Sold by
Smythe David L
Bought by
Boris Gary G and Boris Shawn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
7.65%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wolff Patti Converse $260,000 Attorney
Kinsella Lawrence J -- Attorney
Kinsella Patricia A -- --
Kinsella Patricia A $345,000 --
Boris Gary G $192,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boris Gary G $153,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2012 12/11/12 Sold $260,000 -8.7% $216 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $284,900 -- $237 / 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 $6,862 $397,795 -- --
2024 $6,539 $361,632 -- --
2023 $6,539 $328,757 $0 $0
2022 $5,295 $298,870 $0 $0
2021 $4,882 $271,700 $0 $0
2020 $4,367 $247,000 $0 $0
2019 $4,316 $241,000 $0 $0
2018 $4,186 $235,000 $0 $0
2017 $4,033 $235,000 $0 $0
2016 $3,953 $229,000 $0 $229,000
2015 $3,529 $223,000 $0 $223,000
2014 $3,529 $212,000 $0 $212,000
Source: Public Records

Agents Affiliated with this Home

  • Gary Kaufenberg

    Seller's Agent in 2012

    Gary Kaufenberg

    Beach Front Mann Realty/Stuart

    (772) 225-0665

    4 in this area

    5 Total Sales

    Gary Kaufenberg
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M362504

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-005-001-12010-0

Florida Martin County Stuart 34996 South Hutchinson Island

5799 NE Island Cove Way Unit 1201, Stuart, FL

Not Listed for Sale

Condos

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