$1,250,000
SOLD DEC 20, 2016

941 SE Martin Cove Place Stuart, FL 34997

South Stuart Neighborhood
7 Beds
6.5 Baths
5,763 Sq Ft
5.03 Acres

Recently Sold

$217 Per Sq Ft

17% Below List Price

7 Days on Market

Highlights

  • Water Views
  • Private Pool
  • Vaulted Ceiling
  • Martin County High School Rated A-
  • 219,106 Sq Ft lot
  • Wood Flooring

About This Home

As of May 2021

This home is located at 941 SE Martin Cove Place, Stuart, FL 34997 and is currently priced at $1,250,000, approximately $216 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.

Last Listed By

Christine Matos

Mel-Ry Realty Group Inc. License #666626 Listed on: 11/12/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,114

Year Built

  • Built in 2007

Lot Details

  • 5.03 Acre Lot
  • Fenced

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Concrete Roof

Interior Spaces

  • 5,763 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Partially Furnished
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Water Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass

Outdoor Features

  • Private Pool
  • Patio
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • St Lucie Inlet Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 553841000053000702

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,114

Year Built

Built in 2007

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Salerno Road to Pepperwood South to Martin Cove Place to the gate
  • Year Built: 2007
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Fireplace, High Ceilings, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Partially
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 5763.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio, Shed
  • View: Other, Water
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 553841000053000702
  • Lot Size Sq Ft: 219106.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 13114.0

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
7
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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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 Type Sale Price Title Company
Warranty Deed $1,583,300 Property Transfer Svcs Inc
Warranty Deed $1,250,000 First American Title Ins Co
Quit Claim Deed -- None Available
Quit Claim Deed $94,500 --
Warranty Deed $200,000 --
Warranty Deed $350,000 --
Warranty Deed $431,000 Fast Title Inc
Warranty Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $950,000 New Conventional
Previous Owner $475,060 Unknown
Previous Owner $1,004,125 Unknown
Previous Owner $280,000 Purchase Money Mortgage
Previous Owner $322,700 Purchase Money Mortgage
Previous Owner $206,000 New Conventional
Closed $86,700 No Value Available
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: 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 $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

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Map

Source: BeachesMLS

MLS Number: R10283104

BeachesMLS

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