NOT LISTED FOR SALE

5801 NE Gulfstream Way Unit 4903 Stuart, FL 34996

South Hutchinson Island Neighborhood

Estimated Value: $365,364 - $441,000

2 Beds
2 Baths
871 Sq Ft
$780/mo HOA Fee

Last Sold November 01, 2023

Last sale price $360,000 $413 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,258/month

19 Days on Market

Highlights

  • Beach
  • Lake View
  • Community Pool
  • Jensen Beach High School Rated A
  • Engineered Wood Flooring
  • Tennis Courts

About This Home

As of November 2023

Steps from the beaches of Hutchinson Island, come see this updated 2BR Tennis Villa at Indian River Plantation. Ground floor, no steps- no elevator, looking at sunsets across the 14th green and the lakes of the Ocean Club. You will love the gleaming hardwood flooring in a unit just waiting for your decorating touch. There is a BBQ station just outside, and a community pool complex across the street. Tennis Villa owners have a deeded Beach Access a 4-iron away, and the option to join the Marriott's Ocean Club - the one with new pickleball courts. Rental demand is high for these units. Easy to see the only Island unit under $400K, just call...

Last Agent to Sell the Property

Jerome McWilliams

Water Pointe Realty Group Brokerage Phone: 772-708-7506 License #344366 Listed on: 09/24/2023

Last Buyer's Agent

Jerome McWilliams

Water Pointe Realty Group Brokerage Phone: 772-708-7506 License #344366 Listed on: 09/24/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,990

Year Built

  • Built in 1979

Lot Details

  • Property fronts a county road

HOA Fees

  • $780 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Lake
  • Golf Course
  • Courtyard

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 871 Sq Ft Home
  • 3-Story Property
  • Engineered Wood Flooring

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Water Heater

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, internet, laundry, ground maintenance, maintenance structure, pest control, pool(s), reserve fund, road maintenance, sewer, security, trash, water
  • 12 Units
  • Club Membership Available

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Hurricane or Storm Shutters
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,990

Year Built

Built in 1979

Lot Details

0

HOA Fees

$780 per month

Listing Details

  • Entry Level: 1
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 3
  • Subdivision Name: Tennis Villas Condo 03 Irp
  • Year Built: 1979
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-708-7506
  • Special Features: None
  • Stories: 3

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Engineered Hardwood
  • Furnished: Unfurnished
  • Living Area: 871.0
  • Stories: 3
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Storm/Security Shutters
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Metal
  • View: Courtyard, Golf Course, Lake
  • View: Yes
  • Waterfront Features: Beach Access
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Individual
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Association Fee: 780.0
  • Association: Yes
  • Community Features: Barbecue, Beach, Club Membership Available, Pool, Street Lights, Tennis Court(s)
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Internet, Laundry, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Reserve Fund, Road Maintenance, Sewer, Security, Trash, Water

Lot Info

  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Tax Info

  • Tax Annual Amount: 2990.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2023
Closed on
Nov 1, 2023
Sold by
Lawhead Walter B
Bought by
Colins James G
Seller's Agent
Jerome McWilliams
Water Pointe Realty Group
Buyer's Agent
Jerome McWilliams
Water Pointe Realty Group
List Price
$395,000
Sold Price
$360,000
Premium/Discount to List
-$35,000
-8.86%
Total Days on Market
19
Views
93
Current Estimated Value
$395,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,591
Avg. Annual Appreciation
6.11%
Original Mortgage
$270,000
Outstanding Balance
$266,197
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$129,394

Purchase Details

Listed on
Jun 1, 2016
Closed on
Sep 16, 2016
Sold by
Chaffiiotte Roger and Chaffiiott Virginia C
Bought by
Lawhead Walter B
Seller's Agent
Wendy Lattimer
Beach Front Mann Realty
Buyer's Agent
Gary Kaufenberg
Beach Front Mann Realty/Stuart
List Price
$267,000
Sold Price
$253,000
Premium/Discount to List
-$14,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$200,000
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 11, 1999
Sold by
Shevalie Dix C and Shevalie Yvonne E
Bought by
Chaffiotte Roger and Chaffiotte Virginia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,698
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 1993
Bought by
Chaffiotte Roger and Chaffiotte Virginia C

Purchase Details

Closed on
Sep 1, 1986
Bought by
Chaffiotte Roger and Chaffiotte Virginia C
Source: Public Records

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Range of Values:

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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
Colins James G $360,000 None Listed On Document
Lawhead Walter B $253,000 None Available
Chaffiotte Roger $102,000 --
Chaffiotte Roger $100 --
Chaffiotte Roger $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colins James G $270,000
Previous Owner Lawhead Walter B $200,000
Previous Owner Chaffiotte Roger $121,500
Previous Owner Chaffiotte Roger $91,698
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $360,000 -8.9% $413 / Sq Ft
10/14/2023 10/14/23 Pending -- -- --
09/24/2023 09/24/23 For Sale $395,000 +56.1% $454 / Sq Ft
09/23/2016 09/23/16 Sold $253,000 -5.2% $290 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $267,000 -- $307 / 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
2024 $3,101 $330,540 $330,540 $330,540
2023 $3,101 $224,831 $0 $0
2022 $2,990 $218,283 $0 $0
2021 $3,003 $211,926 $0 $0
2020 $2,973 $209,000 $0 $0
2019 $3,013 $209,000 $0 $0
2018 $3,093 $214,000 $0 $0
2017 $2,978 $214,000 $0 $0
2016 $3,148 $187,000 $0 $187,000
2015 $2,713 $163,000 $0 $163,000
2014 $2,713 $163,000 $0 $163,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20041146

Martin County REALTORS® of the Treasure Coast

APN: 31-37-42-033-009-01030-3