NOT LISTED FOR SALE

7940 SE River Ln Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $402,000 - $471,000

2 Beds
2 Baths
1,410 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $360,000 $255 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,697/month

2 Days on Market

Highlights

  • Boat Ramp
  • River View
  • Deck
  • RV Access or Parking
  • Waterfront
  • Built-In Features

About This Home

As of May 2022

This lovely home features two master bedrooms, with large walk in closets, full on suite baths, plus a den that could be 3rd bedroom. Located in the desirable waterfront community of South River Colony and set on a corner .31 acre waterfront lot, with access for your paddle board, kayak or canoe. Excellent close, yet quiet location for commuters, with easy access to I-95 and the renowned Martin County Schools. The Neighborhood has Boat/RV Storage and a public boat ramp at Hosford Park, with ocean access and within walking distance. From the spacious private backyard decks, enjoy the view of the river and the otters playing. The Halpatiokee Regional Park and Atlantic Ridge State Park have miles of hiking and mountain biking trails. Take your pick and enjoy the sun soaked beaches of Hutchinson Island or Jupiter Island, just minutes away from your new home. See attachments for Long list of recent updates make this move in ready.

Last Agent to Sell the Property

Blaine Ellingson

One Sotheby's International Re License #3054006 Listed on: 04/22/2022

One Sotheby's International Re

Co-Listed By

Jim Sweat

ONE Sotheby's International Re License #3176174

Last Buyer's Agent

Danielle Miller

The Brokerage Treasure Coast License #3291020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,976

Year Built

  • Built in 1973

Lot Details

  • 0.31 Acre Lot
  • Waterfront
  • East Facing Home

HOA Fees

  • Property has a Home Owners Association

Parking

  • RV Access or Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Blinds
  • Open Floorplan
  • Carpet
  • River Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 043941003000002900

Community Details

Overview

  • South River Colony Subdivision

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,976

Year Built

Built in 1973

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: COVE TO SOUTH ON GAINES, FOLLOW ROAD AROUND TRES BELLES AND FIRST LEFT TO RIVER COLONY, HOUSE ON RIGHT
  • Year Built: 1973
  • Architectural Style: Other, Ranch, Traditional
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Kitchen/Dining Combo, Living/Dining Room, Main Level Primary, Multiple Primary Suites, Pantry, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Water Purifier Owned, Refrigerator, Water Softener Owned, Water Purifier, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Other
  • Living Area: 1410.0
  • Stories: 1
  • Window Features: Blinds, Storm Window(s)

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: River
  • Fencing: Fenced
  • Lot Features: Fruit Trees, 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes
  • Construction Type: Fiber Cement, Frame
  • Direction Faces: East
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: RV Access/Parking

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 29.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Boat Facilities, Street Lights
  • Senior Community: No
  • Amenities: Boating, Picnic Area, Sports Fields
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 043941003000002900
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13503.6
  • Mobile Dim Units: Feet
  • Zoning: Res

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1976.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 27, 2022
Sold by
Ellingson Donavon C and Ellingson Belinda K
Bought by
Mayo David C
Seller's Agent
Blaine Ellingson
One Sotheby's International Re
Buyer's Agent
Danielle Miller
The Brokerage Treasure Coast
List Price
$330,000
Sold Price
$360,000
Premium/Discount to List
$30,000
9.09%
Current Estimated Value
$428,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,971
Avg. Annual Appreciation
4.82%
Original Mortgage
$342,000
Outstanding Balance
$322,561
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$106,410

Purchase Details

Listed on
Jul 19, 2016
Closed on
Nov 7, 2016
Sold by
Massie Andrea L
Bought by
Elligson Donavon C and Elligson Belinda K
Seller's Agent
Heidi Sanchez
Coldwell Banker Paradise
Buyer's Agent
Blaine Ellingson
One Sotheby's International Re
List Price
$194,000
Sold Price
$145,000
Premium/Discount to List
-$49,000
-25.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.80%
Original Mortgage
$137,750
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2014
Sold by
Massie Andrea L
Bought by
Massie Andrea L

Purchase Details

Closed on
May 15, 2009
Sold by
Homesales Inc
Bought by
Massie Andrea L

Purchase Details

Closed on
Feb 18, 2009
Sold by
Stubbs Ron and Stubbs Radaina D
Bought by
Homesales Inc

Purchase Details

Closed on
Jul 9, 2007
Sold by
Stubbs Radaina D
Bought by
Stubbs Ron

Purchase Details

Closed on
Jan 13, 2006
Sold by
Moran Cynthia Cecelia
Bought by
Stubbs Radaina D and Stubbs Ron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,200
Interest Rate
5.76%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 6, 2002
Sold by
Kammel Herbert L and Kammel Zona
Bought by
Moran Cynthia Cecelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
5.93%
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
Mayo David C $360,000 Law Office Of Rick Kozell
Elligson Donavon C $145,000 None Available
Massie Andrea L -- Attorney
Massie Andrea L $70,000 Buyers Title Inc
Homesales Inc -- None Available
Stubbs Ron -- None Available
Stubbs Radaina D $236,000 First American Title Ins Co
Moran Cynthia Cecelia $91,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayo David C $342,000
Previous Owner Elligson Donavon C $137,750
Previous Owner Stubbs Radaina D $47,200
Previous Owner Stubbs Radaina D $188,800
Previous Owner Moran Cynthia Cecelia $61,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/27/2022 05/27/22 Sold $360,000 +9.1% $255 / Sq Ft View Prior Sale
04/25/2022 04/25/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $330,000 +127.6% $234 / Sq Ft
11/10/2016 11/10/16 Sold $145,000 -25.3% $105 / Sq Ft View Prior Sale
10/11/2016 10/11/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $194,000 -- $141 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $5,286 $345,939 -- --
2024 $5,165 $336,190 -- --
2023 $5,165 $325,612 $0 $0
2022 $1,995 $136,526 $0 $0
2021 $1,976 $132,550 $0 $0
2020 $1,884 $130,720 $0 $0
2019 $1,849 $127,782 $0 $0
2018 $1,801 $125,399 $0 $0
2017 $1,388 $122,820 $76,950 $45,870
2016 $2,302 $131,630 $95,000 $36,630
2015 -- $129,170 $95,000 $34,170
2014 -- $109,760 $70,000 $39,760
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Blaine Ellingson

    ONE Sotheby's International Re

    (772) 229-2929

    2 in this area

    39 Total Sales

    Blaine Ellingson
    Section Image
  • Jim Sweat

    Seller Co-Listing Agent in 2022

    Jim Sweat

    ONE Sotheby's International Re

    (941) 306-7384

    2 in this area

    41 Total Sales

    Jim Sweat
    Section Image
  • Danielle Miller

    Buyer's Agent in 2022

    Danielle Miller

    The Brokerage Treasure Coast

    (772) 260-2537

    12 in this area

    157 Total Sales

    Danielle Miller
    Section Image
  • Heidi Sanchez

    Seller's Agent in 2016

    Heidi Sanchez

    Coldwell Banker Paradise

    (772) 485-3708

    1 in this area

    65 Total Sales

    Heidi Sanchez
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10794145

BeachesMLS (Greater Fort Lauderdale)

APN: 04-39-41-003-000-00290-0

Florida Martin County Stuart 34997 South Stuart

7940 SE River Ln, Stuart, FL

Not Listed for Sale

Detached

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