NOT LISTED FOR SALE

5175 SE Primrose Way Stuart, FL 34997

Estimated Value: $382,093 - $529,000

2 Beds
2 Baths
1,566 Sq Ft
$276/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $315,000 $201 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,033/month

152 Days on Market

Highlights

  • Ceramic Tile Flooring
  • South Fork High School Rated A-
  • Central Heating and Cooling System

About This Home

As of July 2021

Full Duplex-Two Units. Includes 5175 & 5181 SE Primrose Way. Each unit is 783 sqft with 2 Bedrooms/1 Bathroom. 1566 sq.ft. total for both. Large concrete driveway provides 2 spaces per unit. Conveniently located to US1, I95, FL turnpike, waterways, marinas, beaches, restaurants, shopping, hospitals & great Martin County schools.

Last Agent to Sell the Property

Stefan Dzurkovich

Realty One Group Engage License #3286442 Listed on: 01/14/2021

Co-Listed By

David Coulter

Echo Fine Properties License #3217811

Last Buyer's Agent

Stefan Dzurkovich

Realty One Group Engage License #3286442 Listed on: 01/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,524

Year Built

  • Built in 1989

Lot Details

  • 8,232

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • 8,232 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 303842002009001203

Community Details

Overview

  • Association fees include common areas
  • 2 Units
  • Dixie Park Addition No. 2 Subdivision

Building Details

  • Operating Expense $9,840
  • Net Operating Income $16,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,524

Year Built

Built in 1989

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US1 east on Cove Rd turn right on Primrose before railroad tracks
  • Year Built: 1989
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1566.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 20.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 303842002009001203
  • Lot Size Sq Ft: 8232.0
  • Zoning Description: RES Dupl
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 16560.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9840.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4524.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Cti Llc
Bought by
Ps Palms Llc
Current Estimated Value
$450,022

Purchase Details

Listed on
Jan 14, 2021
Closed on
Jul 16, 2021
Sold by
Jones Christopher and Jones Regina
Bought by
Cti Llc
Seller's Agent
Stefan Dzurkovich
Realty One Group Engage
Buyer's Agent
Stefan Dzurkovich
Realty One Group Engage
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.82%

Purchase Details

Listed on
Jul 26, 2019
Closed on
Sep 27, 2019
Sold by
Treasure Coast Home Team Financing Inc
Bought by
Jones Christopher and Jones Regina
Seller's Agent
Ronald Schmidt
E-Xpress Properties RE Inc
List Price
$274,900
Sold Price
$260,000
Premium/Discount to List
-$14,900
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$195,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2009
Sold by
Jp Morgan Chase Bank National Associatio
Bought by
Treasure Coast Home Team Financing Inc

Purchase Details

Closed on
Jan 7, 2009
Sold by
Miller Bruce R and Miller Isabelle F
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 26, 2005
Sold by
Mannikko Enterprises Inc
Bought by
Miller Bruce R and Miller Isabelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
5.2%
Mortgage Type
Purchase Money Mortgage
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
Ps Palms Llc $100 --
Cti Llc $315,000 First American Title Ins Co
Jones Christopher $260,000 Homepartners Title Svcs Llc
Treasure Coast Home Team Financing Inc $80,000 Servicelink
Jpmorgan Chase Bank National Association -- None Available
Miller Bruce R $214,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Christopher $195,000
Previous Owner Miller Bruce R $143,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $315,000 -1.5% $201 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $319,900 +23.0% $204 / Sq Ft
09/27/2019 09/27/19 Sold $260,000 -5.4% $161 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
07/26/2019 07/26/19 For Sale $274,900 -- $171 / 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
2025 $6,719 $390,720 -- --
2024 $6,037 $355,200 $355,200 $253,200
2023 $6,037 $310,068 $0 $0
2022 $5,501 $281,880 $103,620 $178,260
2021 $4,766 $230,400 $93,500 $136,900
2020 $4,524 $223,200 $76,500 $146,700
2019 $3,304 $186,000 $68,000 $118,000
2018 $2,891 $145,800 $55,250 $90,550
2017 $2,000 $135,000 $63,750 $71,250
2016 $2,388 $113,400 $34,000 $79,400
2015 $1,915 $100,800 $27,200 $73,600
2014 $1,915 $81,600 $11,700 $69,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10684593

BeachesMLS

APN: 30-38-42-002-009-00120-3