NOT LISTED FOR SALE

941 SE Martin Cove Place Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $1,630,000 - $2,291,401

8 Beds
6.5 Baths
6,267 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $1,583,210 $253 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $12,874/month

259 Days on Market

Highlights

  • Guest House
  • Boarding Facilities
  • RV Access or Parking
  • Martin County High School Rated A-
  • In Ground Pool
  • Gated Community

About This Home

As of May 2021

This estate checks all of the boxes: Private gate, acreage,close to 95,close to shopping, banking, & dining,20 minutes to the beach, 30 minutes to W. Palm.2400 Sqft guest house perfect for multigenerational living or rental opportunity. Main house has a dedicated office w/custom cabinetry, gas fireplace, gourmet kitchen including large breakfast bar, wall pot filler over gas stove, plus French-pattern travertine, and coffered ceilings. Bedrooms have hardwood floors, en-suite baths and walk in closets. Large laundry room with custom cabinets, built-in sink, and dog wash. Stunning master bath is all marble, his/her toilets with bidet, separate shower & spa, and his/her sinks. Amazing 3400 sqft outdoor pool area with summer kitchen, mosquito mister, spa, in pool swim up table & tanning shelf, 1/2 court basketball court, stacking sliding glass doors for the ultimate indoor/outdoor entertaining. impact windows on the main house & a generator. Horses permitted. No HOA. Park your RV & boat.

Last Listed By

Jennifer Zebib

Reel Life Realty LLC License #3040965 Listed on: 08/08/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,919

Year Built

  • Built in 2007

Lot Details

  • 5.03 Acre Lot
  • East Facing Home
  • Fenced
  • Sprinkler System

Property Views

  • Trees
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 6,267 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Impact Glass

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking
  • 1 to 5 Parking Spaces

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Boarding Facilities
  • Covered patio or porch
  • Outdoor Kitchen
  • Shed
  • Outdoor Grill

Additional Homes

  • Guest House

Utilities

  • Cooling Available
  • Central Heating
  • Generator Hookup
  • Power Generator
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,919

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Architectural Style: Mediterranean
  • Directions: Take Salerno Rd to Pepperwood. Head south to Martin Cove Place continue right, through 1st gate using shared deeded driveway to the 2nd gate.
  • Garage Yn: Yes
  • Lot Size Acres: 5.03
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: St. Lucie Inlet Farms
  • Year Built: 2007
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Fireplace, High Ceilings, Jetted Tub, Custom Mirrors, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 6267.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 1
  • Window Features: Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Fence, Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Patio, Shed
  • Other Structures: Guest House, Shed(s)
  • Patio And Porch Features: Covered, Open, Patio
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Barrel
  • View: Pool, Trees/Woods
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Boat, Garage, RV Access/Parking, Two Spaces, See Remarks, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: Generator, Generator Hookup
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Horse Amenities: Boarding Facilities
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 16919.21
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
May 24, 2021
Sold by
Devito Patricia
Bought by
Falcon Patrick L and Falcon Tatiana
Seller's Agent
Jennifer Zebib
Reel Life Realty LLC
List Price
$1,900,000
Sold Price
$1,583,210
Premium/Discount to List
-$316,790
-16.67%
Total Days on Market
259
Current Estimated Value
$2,026,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,390
Avg. Annual Appreciation
6.27%
Original Mortgage
$950,000
Outstanding Balance
$871,834
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,154,766

Purchase Details

Listed on
Nov 12, 2016
Closed on
Dec 21, 2016
Sold by
Gornelus David T
Bought by
Devito Patiicia
Seller's Agent
Christine Matos
Mel-Ry Realty Group Inc.
List Price
$1,500,000
Sold Price
$1,250,000
Premium/Discount to List
-$250,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.48%

Purchase Details

Closed on
Jun 6, 2006
Sold by
Cornelius David T
Bought by
Matos Mack and Matos Christine

Purchase Details

Closed on
Sep 28, 2005
Sold by
Cornelius David T
Bought by
Cornelius/Matos Llc

Purchase Details

Closed on
Feb 10, 2004
Sold by
Niebauer Thomas M and Niebauer Elisabete G
Bought by
Cornelius David T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Pescitelli Donald J and Pescitelli Margaret A
Bought by
Niebauer Thomas M and Niebauer Elisabete G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1999
Sold by
Edwards Jack and Edwards Elease C
Bought by
Pescitelli Donald J and Pescitelli Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
7.04%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Falcon Patrick L $1,583,300 Property Transfer Svcs Inc
Devito Patiicia $1,250,000 First American Title Ins Co
Matos Mack -- None Available
Cornelius/Matos Llc $94,500 --
Cornelius David T $200,000 --
Cornelius David T $350,000 --
Niebauer Thomas M $431,000 Fast Title Inc
Pescitelli Donald J $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falcon Patrick L $950,000
Previous Owner Cornelius David T $475,060
Previous Owner Cornelius David T $1,004,125
Previous Owner Cornelius David T $280,000
Previous Owner Niebauer Thomas M $322,700
Previous Owner Pescitelli Donald J $206,000
Closed Niebauer Thomas M $86,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $1,583,210 -16.7% $253 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
08/08/2020 08/08/20 For Sale $1,900,000 +52.0% $303 / Sq Ft
12/20/2016 12/20/16 Sold $1,250,000 -16.7% $217 / Sq Ft
11/20/2016 11/20/16 Pending -- -- --
11/12/2016 11/12/16 For Sale $1,500,000 -- $260 / 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 $25,426 $1,587,003 -- --
2023 $25,426 $1,540,780 $1,540,780 $1,158,500
2022 $25,666 $1,559,250 $377,250 $1,182,000
2021 $15,833 $931,206 $0 $0
2020 $15,669 $918,350 $216,290 $702,060
2019 $17,442 $1,007,440 $201,200 $806,240
2018 $18,499 $1,079,150 $301,800 $777,350
2017 $17,170 $1,061,180 $352,100 $709,080
2016 $12,520 $718,640 $236,410 $482,230
2015 $13,160 $743,270 $181,080 $562,190
2014 $13,160 $784,110 $211,260 $572,850
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennifer Zebib

    Reel Life Realty LLC

    (772) 631-8577

    1 in this area

    7 Total Sales

    Section Image
  • Christine Matos

    Seller's Agent in 2016

    Christine Matos

    Mel-Ry Realty Group Inc.

    (772) 215-3586

    14 in this area

    73 Total Sales

    Christine Matos
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20025033

Martin County REALTORS® of the Treasure Coast

APN: 55-38-41-000-053-00070-2

Florida Martin County Stuart 34997 South Stuart

941 SE Martin Cove Place, Stuart, FL

This home is located at 941 SE Martin Cove Place, Stuart, FL 34997 since 08 August 2020 and is currently estimated at $2,026,600, approximately $323 per square foot. This property was built in 2007. 941 SE Martin Cove Place is a home located in Martin County with nearby schools including Pinewood Elementary School, Dr. David L. Anderson Middle School, and Martin County 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.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

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