NOT LISTED FOR SALE

5799 NE Island Cove Way Unit 1207 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $825,865 - $930,000

3 Beds
2 Baths
1,605 Sq Ft
$460/mo HOA Fee

Last Sold April 03, 2023

Last sale price $825,000 $514 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,055/month

Highlights

  • Ocean View
  • Access To Intracoastal Waterway
  • Gated Community
  • Jensen Beach High School Rated A
  • Fitness Center
  • Waterfront

About This Home

As of April 2023

The Resort life awaits you here at Bayview at Indian river plantation. This RARE 3 bedroom, 2 bathroom corner unit is located on the second floor and is ideal for either full time or seasonal residents. Light and bright throughout. Large rooms all have breathtaking, wide spread views of the morning sunrise over the ocean & intercoastal waterway w/ soothing sounds of waves crashing. You also can see the house of refuge which is one of Hutchinson islands most historic landmarks. Bayview is the ONLY gated community in Indian River Plantation and offers a community pool and clubhouse. Just steps away from the ocean club This golf course was ranked by Golf Digest as one of the best executive golf courses in the country. With all that this condo has to offer you are still just minutes from historic downtown Stuart which offers fine dining, shopping, and entertainment such as the lyric theater along with festivals and exhibits.

Last Agent to Sell the Property

Shannon Andersen

Keller Williams of the Treasure Coast License #3290590 Listed on: 01/30/2023

Keller Williams of the Treasure Coast

Last Buyer's Agent

Margaret Shinnebarger

Berkshire Hathaway Florida Realty License #3281246

Berkshire Hathaway Florida Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,238

Year Built

  • Built in 1997

Lot Details

  • Waterfront
  • Property fronts a private road
  • End Unit

HOA Fees

  • $460 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,605 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Guest Parking

Outdoor Features

  • Access To Intracoastal Waterway
  • River Access
  • Balcony

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, pest control, reserve fund, sewer, security, trash, water
  • 28 Units

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Community Library
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Hurricane or Storm Shutters
  • Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,238

Year Built

Built in 1997

Lot Details

0

HOA Fees

$460 per month

Listing Details

  • Carport Y N: Yes
  • Directions: Find your way to Hutchinson Island from A1A in Stuart, go East on MacArthur Blvd (the only stop light on the island) then take your 2nd right onto Plantation Road, follow to gates of Bayview!
  • Entry Level: 2
  • Lot Size Acres: 9.9596
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 4
  • Subdivision Name: Bayview/Indian River Plantatio
  • Year Built: 1997
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-419-0400
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Elevator, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1605.0
  • Spa Features: Community
  • Stories: 4
  • Window Features: Impact Glass

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony, Storm/Security Shutters
  • Patio And Porch Features: Balcony, Covered, Screened
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • View: Intercoastal, Ocean
  • View: Yes
  • Waterfront Features: Intracoastal Access, No Fixed Bridges, River Access
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community, Fire Sprinkler System
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 460.0
  • Association: Yes
  • Community Features: Barbecue, Bicycle Storage, Clubhouse, Elevator, Fitness Center, Kitchen Facilities, Library, Pool, Storage Facilities, Street Lights, Trash Chute, Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Security, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 28

Tax Info

  • Tax Annual Amount: 7238.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Mckinney Thomas J and Mckinney Judith V
Bought by
Callanan Casey Michael and Callanan Hunter Schurtz
Current Estimated Value
$879,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$668,626
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$211,340

Purchase Details

Listed on
Jan 30, 2023
Closed on
Apr 3, 2023
Sold by
Novins Residential Trust
Bought by
Mckinney Thomas J and Mckinney Judith V
Seller's Agent
Shannon Andersen
Keller Williams of the Treasure Coast
Buyer's Agent
Margaret Shinnebarger
Berkshire Hathaway Florida Realty
List Price
$885,000
Sold Price
$825,000
Premium/Discount to List
-$60,000
-6.78%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%

Purchase Details

Closed on
Aug 23, 2012
Sold by
Novins Irene W
Bought by
Novins Carson J and Novins Residential Trust

Purchase Details

Closed on
Jul 18, 2007
Sold by
Novins Irene W
Bought by
Novins Irene W and Qualified Personal Residence Trust

Purchase Details

Closed on
May 21, 2002
Sold by
O'Brien G Robert
Bought by
Novins Carson J Tr

Purchase Details

Closed on
Feb 24, 2000
Sold by
Reynolds Evelyn H
Bought by
Obrien G R
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
Callanan Casey Michael $850,000 Merit Title
Callanan Casey Michael $850,000 Merit Title
Mckinney Thomas J $825,000 None Listed On Document
Mckinney Thomas J $825,000 None Listed On Document
Novins Carson J -- Attorney
Novins Irene W -- Attorney
Novins Carson J Tr $430,000 --
Obrien G R $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callanan Casey Michael $680,000
Closed Callanan Casey Michael $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2023 04/03/23 Sold $825,000 -4.0% $514 / Sq Ft
03/24/2023 03/24/23 Pending -- -- --
03/02/2023 03/02/23 Price Changed $859,000 -2.9% $535 / Sq Ft
02/03/2023 02/03/23 For Sale $885,000 -- $551 / 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 $11,864 $691,470 -- $691,470
2024 $9,573 $714,160 $714,160 $714,160
2023 $9,573 $498,520 $0 $0
2022 $7,958 $453,200 $0 $0
2021 $7,238 $412,000 $0 $412,000
2020 $6,825 $386,000 $0 $0
2019 $6,912 $386,000 $0 $0
2018 $6,591 $370,000 $0 $0
2017 $6,350 $370,000 $0 $0
2016 $6,076 $352,000 $0 $352,000
2015 $5,893 $354,000 $0 $354,000
2014 $5,893 $354,000 $0 $354,000
Source: Public Records

Agents Affiliated with this Home

  • Shannon Andersen

    Seller's Agent in 2023

    Shannon Andersen

    Keller Williams of the Treasure Coast

    (772) 200-7683

    21 in this area

    478 Total Sales

    Shannon Andersen
    Section Image
  • Margaret Shinnebarger

    Buyer's Agent in 2023

    Margaret Shinnebarger

    Berkshire Hathaway Florida Realty

    (772) 214-7910

    43 in this area

    71 Total Sales

    Margaret Shinnebarger
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20037834

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-005-001-12070-0

Florida Martin County Stuart 34996 South Hutchinson Island

5799 NE Island Cove Way Unit 1207, Stuart, FL

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