NOT LISTED FOR SALE

5799 NE Island Cove Way Unit 1406 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $804,000 - $947,000

2 Beds
2 Baths
1,204 Sq Ft
$412/mo HOA Fee

Last Sold March 09, 2020

Last sale price $393,000 $326 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $5,824/month

7 Days on Market

Highlights

  • Ocean View
  • Property fronts an intracoastal waterway
  • High Ceiling
  • Jensen Beach High School Rated A
  • Clubhouse
  • Great Room

About This Home

As of March 2020

FANTASTIC PENTHOUSE UNIT, UNOBSTRUCTED WIDE-WATER VIEWS OF RIVER AND OCEAN!! TERRIFIC LAYOUT ON THIS PARTIALLY SCREENED BALCONY TO ENJOY THAT LOVELY VIEW! OPEN FLOOR PLAN WITH CORIAN COUNTERS AND ALL APPLIANCES PRESENT, FORMAL DINING AREA PLUS BREAKFAST NOOK, LARGE MASTER WITH BIG EN SUITE BATH AND WALK-IN CLOSET. SPARE BEDRM HAS DIRECT ACCESS TO HALL BATH AND LARGE WALK-IN CLOSET ALSO, FULL SZ WASHER/DRYER IN UNIT! ACCORDIAN HURRICANE SHUTERS, COVERED PARKING SPACE, PLUS OPEN PARKING, COMMUNITY POOL AND CLUB HOUSE LOCATED NEAR THE GORGEOUS MARRIOT RESORT AREA WITH GOLFING, TENNIS & MORE! UNIT SOLD AS-IS, ALL ROOM SIZES ARE APRX. Employees or directors of JPMorgan Chase & Co. and its subsidiaries are strictly prohibited from directly or indirectly purchasing this property.

Last Agent to Sell the Property

Sheri rty REO 712 stypman Alexa

Real Estate Asset Disp Corp. License #3074920 Listed on: 01/31/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,445

Year Built

  • Built in 1997

Lot Details

  • 10

HOA Fees

  • $412 Monthly HOA Fees

Parking

  • Covered Parking

Property Views

  • Ocean
  • Intracoastal

Interior Spaces

  • 1,204 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Great Room
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Patio
  • Property fronts an intracoastal waterway

Listing and Financial Details

  • Assessor Parcel Number 31374200500114060.00000

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, maintenance structure, pool(s), roof
  • Bayview At Indian River P Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,445

Year Built

Built in 1997

Lot Details

0

HOA Fees

$412 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Ocean Blvd to MacArthur, Right at Plantation Rd to Bayview entrance.
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: 5120

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Elevator, High Ceilings, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1204.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Intercoastal, Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 412.0
  • Community Features: Clubhouse, Park, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Structure, Pool(s), Roof

Lot Info

  • Parcel #: 31374200500114060.00000
  • Zoning Description: 0400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6445.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Feb 24, 2020
Sold by
U S Bank Na
Bought by
Mcveigh Kevin D
Seller's Agent
Sheri rty REO 712 stypman Alexa
Real Estate Asset Disp Corp.
List Price
$392,400
Sold Price
$393,000
Premium/Discount to List
$600
0.15%
Current Estimated Value
$879,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,666
Avg. Annual Appreciation
17.23%
Original Mortgage
$314,400
Outstanding Balance
$281,908
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$639,466

Purchase Details

Closed on
Jul 29, 2019
Sold by
Sacks Bonnie J
Bought by
U S Bank Na

Purchase Details

Closed on
May 21, 1997
Sold by
Radnor/Plantation Corporation
Bought by
Sacks Bonnie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
8.17%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mcveigh Kevin D $393,000 Servicelink Llc
U S Bank Na -- None Available
Sacks Bonnie J $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcveigh Kevin D $314,400
Previous Owner Muir Bonnie J $472,500
Previous Owner Muir Bonnie J $154,000
Previous Owner Sacks Bonnie J $161,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $393,000 +0.2% $326 / Sq Ft
02/08/2020 02/08/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $392,400 -- $326 / 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
2024 $6,644 $447,734 -- --
2023 $6,644 $434,694 $0 $0
2022 $6,647 $392,700 $0 $0
2021 $6,271 $357,000 $0 $357,000
2020 $6,273 $350,000 $0 $0
2019 $6,444 $350,000 $0 $0
2018 $6,412 $350,000 $0 $0
2017 $5,481 $320,000 $0 $0
2016 $5,183 $290,000 $0 $290,000
2015 $4,998 $290,000 $0 $290,000
2014 $4,998 $290,000 $0 $290,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10597153

BeachesMLS

APN: 31-37-42-005-001-14060-0

Florida Martin County Stuart 34996 South Hutchinson Island

5799 NE Island Cove Way Unit 1406, Stuart, FL

This home is located at 5799 NE Island Cove Way Unit 1406, Stuart, FL 34996 since 31 January 2020 and is currently estimated at $879,666, approximately $730 per square foot. This property was built in 1997. 5799 NE Island Cove Way Unit 1406 is a home located in Martin County with nearby schools including Felix A. Williams Elementary School, Stuart Middle School, and Jensen Beach 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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