NOT LISTED FOR SALE

Estimated Value: $628,000 - $879,000

2 Beds
2 Baths
2,264 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 29, 2013

Last sale price $223,900 $99 Per Sq Ft

Est. 246% increase in value since last sale

Current estimated payment $4,579/month

227 Days on Market

Highlights

  • Marina
  • Spa
  • Deck
  • Guest House
  • Fruit Trees
  • Florida Architecture

About This Home

As of March 2013

Fabulously situated on a high bluff overlooking the Indian River to the East and the Savannah Preserve to the West. This home has terrazzo floors and has been meticulously maintained and rehabbed. Granite counter tops in a brand new updated kitchen overlooking the Savannah's. Home is traditional Florida design with beautiful wood vaulted ceilings throughout. This two bedroom home has a full detached two story guest house with an upstairs bedroom, living room and full kitchen. This is an approved short sale. Do not miss this extrordianary opportunity to buy a home on one of the highest spots in Florida. The home has a deeded community dock on the Indian River.

Last Agent to Sell the Property

Kathleen Murphy

Berkshire Hathaway Florida RE License #3251083 Listed on: 07/16/2012

Co-Listed By

John Gonzalez

Engel & Volkers Stuart License #3094748

Last Buyer's Agent

Clark Hodges

One Sotheby's International Realty License #3039005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,465

Year Built

  • Built in 1954

Lot Details

  • Property fronts a private road
  • East Facing Home
  • Fruit Trees

Home Design

  • Florida Architecture
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,264 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Pool

  • Outdoor Shower
  • Spa

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Deck
  • Guest House

Community Details

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,465

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Architectural Style: Florida
  • Co List Office Mls Id: 279000855
  • Directions: Indian River Drive to Spring Hill, go West to Sheridan, House is on the right.
  • Lot Size: 2.23 Acres
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: SPRING HILL
  • Year Built: 1954
  • Ownership: Fee Simple
  • Special Features: 12

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Terrazzo
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Fireplace, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Living Area: 2264.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Deck, Fruit Trees, Outdoor Shower, Room For Pool
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Metal
  • View: Intercoastal
  • View: Yes
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2465.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2012
Closed on
Mar 29, 2013
Sold by
Bates Judy and Albanese Dominic
Bought by
Rose John B and Rose Candace K
Seller's Agent
Kathleen Murphy
Berkshire Hathaway Florida RE
Buyer's Agent
Clark Hodges
One Sotheby's International Realty
List Price
$237,500
Sold Price
$223,900
Premium/Discount to List
-$13,600
-5.73%
Current Estimated Value
$775,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$551,687
Avg. Annual Appreciation
10.44%
Original Mortgage
$171,120
Outstanding Balance
$34,811
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$740,776

Purchase Details

Closed on
Mar 3, 2009
Sold by
Martek Harold E and Bates Judy
Bought by
Bates Judy

Purchase Details

Closed on
Nov 5, 2004
Sold by
Bryan Glenn E
Bought by
Martek Harold F and Bates Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rose John B $223,900 Attorney
Bates Judy $75,000 Attorney
Martek Harold F -- --
Martek Harold F $800,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rose John B $171,120
Previous Owner Martek Harold F $640,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2013 03/29/13 Sold $223,900 -5.7% $99 / Sq Ft
02/27/2013 02/27/13 Pending -- -- --
07/15/2012 07/15/12 For Sale $237,500 -- $105 / 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 $5,410 $368,950 -- --
2023 $5,410 $334,166 $0 $0
2022 $5,068 $322,612 $0 $0
2021 $4,624 $258,279 $0 $0
2020 $4,511 $255,797 $0 $0
2019 $4,408 $255,706 $0 $0
2018 $3,944 $236,534 $0 $0
2017 $3,816 $311,600 $162,900 $148,700
2016 $3,497 $226,600 $90,500 $136,100
2015 $3,475 $212,600 $90,500 $122,100
2014 $3,291 $191,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M364723

Martin County REALTORS® of the Treasure Coast

APN: 45-04-604-0019-0009