NOT LISTED FOR SALE

Estimated Value: $820,000 - $2,359,000

3 Beds
3 Baths
2,460 Sq Ft
$678/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $865,000 $352 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $10,144/month

27 Days on Market

Highlights

  • Boat Dock
  • Guest House
  • River View
  • Jensen Beach High School Rated A
  • River Access
  • 2-minute walk to Rio Nature Park

About This Home

As of October 2018

LOWEST PRICED riverfront home in the area, located on wide water in the quaint neighborhood of Rio, overlooking downtown Stuart. This Key West 1980's home features 2,460 living square feet, updated kitchen, flooring, updated master bathroom, and brand new deep water dock with lift. The main upper level of the home features 2 bedroom suites with bathrooms, open floor plan, stone wood burning fireplace, large screened patio, and a large open outdoor deck with hot tub and shower. The lower level guest cottage with private entrance features one bedroom, kitchen, living, and breakfast area all with fantastic river views. This Key West waterfront estate with lush landscape, a tropical setting, and a southern exposure with stunning views of the St. Lucie River is an absolute must see.

Last Agent to Sell the Property

Adam Brown

Waterfront Properties Inc License #547076 Listed on: 08/14/2018

Waterfront Properties Inc

Last Buyer's Agent

Stephen Ngo

Illustrated Properties License #3285900

Illustrated Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,869

Year Built

  • Built in 1981

Lot Details

  • Waterfront
  • Sprinkler System

Parking

  • 2 Parking Spaces

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,460 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Jalousie or louvered window
  • Shutters
  • Combination Dining and Living Room
  • Screened Porch
  • River Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • River Access
  • Balcony
  • Deck
  • Patio

Additional Homes

  • Guest House

Schools

  • Felix A Williams Elementary School
  • Stuart Middle School
  • Jensen Beach High School

Utilities

  • Zoned Heating and Cooling
  • Well
  • Water Heater
  • Water Softener
  • Septic Tank

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,869

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Architectural Style: Florida
  • Directions: North over Roosevelt Bridge, Turn Right on Wright Blvd., Left at Light on Dixie Hwy, Immediate Right on Alice, Left at Stop Sign, House on Right
  • Lot Size: 80WFx496x80x196
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Stuart Rio Jensen Beach
  • Year Built: 1981
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Upper Level Master
  • Living Area: 2460.0
  • Stories: 1
  • Window Features: Jalousie, Shutters

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Exterior Features: Balcony, Deck, Sprinkler/Irrigation, Outdoor Shower, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Other Structures: Guest House
  • Patio And Porch Features: Balcony, Covered, Deck, Patio, Screened
  • Pool Private: No
  • Roof: Metal
  • View: River
  • View: Yes
  • Waterfront Features: River Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Water Available, Water Connected, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Dock
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Felix A Williams
  • High School: Jensen Beach
  • Middle Or Junior School: Stuart

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7869.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Oct 9, 2018
Sold by
Minehart Ann M
Bought by
Follwell Richard O and Follwell Shannon G
Seller's Agent
Adam Brown
Waterfront Properties Inc
Buyer's Agent
Stephen Ngo
Illustrated Properties
List Price
$875,000
Sold Price
$865,000
Premium/Discount to List
-$10,000
-1.14%
Current Estimated Value
$1,668,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,352
Avg. Annual Appreciation
10.04%
Original Mortgage
$778,500
Interest Rate
7.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 13, 2001
Sold by
Minehart Ann M
Bought by
Minehart Anna M Trust

Purchase Details

Closed on
Mar 15, 2001
Sold by
Minehart Ann M
Bought by
Minehart Ann M

Purchase Details

Closed on
Apr 11, 2000
Sold by
Bennett Robert E and Bennett Helen P
Bought by
Minehart Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,400
Interest Rate
8.11%
Mortgage Type
Credit Line Revolving
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
Follwell Richard O $865,000 Attorney
Minehart Anna M Trust -- --
Minehart Ann M -- --
Minehart Ann M $424,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Follwell Richard O $1,250,000
Closed Follwell Richard O $510,400
Closed Follwell Richard O $322,007
Closed Follwell Richard O $778,500
Previous Owner Minehart Ann $100,000
Previous Owner Minehart Ann M $250,000
Previous Owner Minehart Ann M $42,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2018 10/09/18 Sold $865,000 -1.1% $352 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
08/13/2018 08/13/18 For Sale $875,000 -- $356 / 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 $12,646 $806,544 -- --
2024 $15,980 $783,814 -- --
2023 $15,980 $669,848 $0 $0
2022 $10,554 $650,338 $0 $0
2021 $10,617 $631,397 $0 $0
2020 $10,479 $622,680 $0 $0
2019 $10,361 $608,681 $0 $0
2018 $8,356 $497,901 $0 $0
2017 $7,559 $487,659 $0 $0
2016 $7,745 $477,629 $0 $0
2015 $8,152 $474,310 $325,130 $149,180
2014 $8,152 $518,610 $344,250 $174,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20013222

Martin County REALTORS® of the Treasure Coast

APN: 32-37-41-000-000-00051-7