NOT LISTED FOR SALE

1950 SW Palm City Rd Unit 1106 Stuart, FL 34994

Downtown Stuart Neighborhood

Estimated Value: $309,944 - $343,000

2 Beds
2 Baths
938 Sq Ft
$568/mo HOA Fee

Last Sold March 12, 2024

Last sale price $324,000 $345 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,817/month

286 Days on Market

Highlights

  • Boat Ramp
  • River Front
  • Senior Community
  • Fitness Center
  • RV Access or Parking
  • Bay View

About This Home

As of March 2024

This updated 2 bedroom 2 bathroom waterfront condo is in the boating community of Circle Bay Yacht Club of Stuart. The community offers a waterfront living experience with direct access to the Intracoastal Waterway and Atlantic ocean. The unit features a spacious and open floor plan with ample natural light, showcasing breathtaking views of the Saint Lucie River. The kitchen boasts stainless steel appliances, and ample countertop space. The master bedroom is complete walk-in closets and updated en-suite bathroom. Amenities to this 55+community include DOCKAGE AVAILABLE for $1.50 per ft./per mo. for boats up to 36ft, swimming pool, Club house, shuffleboard and more. With unrestricted ocean access, great amenities, and close proximity to downtown this home is a must see!!

Last Listed By

Chris Gieseking

Keller Williams Realty Jupiter License #3231320 Listed on: 05/30/2023

Keller Williams Realty Jupiter

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,152

Year Built

  • Built in 1975

Lot Details

  • River Front

HOA Fees

  • $568 Monthly HOA Fees

Property Views

  • Bay
  • River

Interior Spaces

  • 938 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Family Room
  • Screened Porch
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Detached Garage
  • Guest Parking
  • RV Access or Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 083841026001110609

Community Details

Overview

  • Senior Community
  • Association fees include insurance
  • Circle Bay Yacht Club Con Subdivision

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Ramp
  • Boating
  • Bocce Ball Court
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,152

Year Built

Built in 1975

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: US1 or Monterey Rd. to Palm City Rd. to Circle Bay Yacht Club
  • Year Built: 1975
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Living Area: 938.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Bay, River
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Assigned, Covered, Detached, Garage, Guest, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 568.0
  • Community Features: Boat Facilities, Bocce Court, Clubhouse, Non-Gated, Property Manager On-Site, Pool, Shuffleboard
  • Senior Community: Yes
  • Amenities: Bocce Court, Clubhouse, Fitness Center, Management, Pool, Shuffleboard Court, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Insurance

Lot Info

  • Parcel #: 083841026001110609
  • Zoning Description: res

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4152.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Mar 12, 2024
Sold by
Morris Kara L
Bought by
Hanson Joseph M and Hanson Margaret E
Seller's Agent
Chris Gieseking
Keller Williams Realty Jupiter
Buyer's Agent
Patricia Olson
RE/MAX of Stuart
List Price
$449,000
Sold Price
$324,000
Premium/Discount to List
-$125,000
-27.84%
Total Days on Market
286
Views
363
Current Estimated Value
$332,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,236
Avg. Annual Appreciation
0.78%

Purchase Details

Listed on
Feb 20, 2020
Closed on
Sep 15, 2020
Sold by
Palmeri Paul
Bought by
Morris Kara L
Seller's Agent
Sylvia Salenetri
Laviano & Associates Real Esta
List Price
$255,000
Sold Price
$225,000
Premium/Discount to List
-$30,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Apr 29, 2016
Sold by
Borg Joseph and Borg Katherine
Bought by
Palmeri Paul

Purchase Details

Closed on
Jul 6, 2010
Sold by
Hamilton Keith A
Bought by
Borg Joseph and Borg Katherine I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 2003
Sold by
Provenzale Tullia
Bought by
Borg Joseph and Borg Katherine

Purchase Details

Closed on
Apr 18, 2002
Sold by
Rusch Thaddeus D and Forni Rusch Dorothy V
Bought by
Borg Joseph and Borg Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.38%

Purchase Details

Closed on
Aug 10, 2000
Sold by
Kinzey George P and Kinzey Jeraldine R
Bought by
Kinzey Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.23%

Purchase Details

Closed on
Apr 30, 1998
Sold by
Ryan Harold
Bought by
Miele Patricia C and Porco Barbara

Purchase Details

Closed on
Dec 30, 1993
Sold by
Laurelli Matthew and Laurelli Madelaine
Bought by
Driscoll William and Driscoll Jacqueline

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
Hanson Joseph M $324,000 None Listed On Document
Morris Kara L $225,000 Attorney
Palmeri Paul $199,900 None Available
Borg Joseph $70,000 Attorney
Borg Joseph $33,300 --
Borg Joseph $145,000 --
Kinzey Virginia $90,000 --
Miele Patricia C $100 --
Driscoll William $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borg Joseph $122,400
Previous Owner Borg Joseph $60,000
Previous Owner Borg Joseph $100,000
Previous Owner Miele Patricia C $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $324,000 -0.3% $345 / Sq Ft
01/26/2024 01/26/24 Price Changed $325,000 -3.0% $346 / Sq Ft
01/01/2024 01/01/24 Price Changed $335,000 -4.3% $357 / Sq Ft
12/09/2023 12/09/23 Price Changed $349,995 -5.4% $373 / Sq Ft
11/10/2023 11/10/23 Price Changed $369,900 -7.5% $394 / Sq Ft
10/24/2023 10/24/23 Price Changed $399,999 -2.4% $426 / Sq Ft
08/09/2023 08/09/23 Price Changed $410,000 -1.2% $437 / Sq Ft
08/02/2023 08/02/23 Price Changed $415,000 -2.4% $442 / Sq Ft
06/23/2023 06/23/23 Price Changed $425,000 -5.3% $453 / Sq Ft
05/30/2023 05/30/23 For Sale $449,000 +99.6% $479 / Sq Ft
09/15/2020 09/15/20 Sold $225,000 -11.8% $220 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $255,000 0.0% $250 / Sq Ft
10/14/2019 10/14/19 Rented $1,800 0.0% --
10/14/2019 10/14/19 For Rent $1,800 -- --
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 $4,735 $255,552 -- --
2023 $4,735 $232,320 $0 $0
2022 $4,152 $211,200 $0 $0
2021 $3,800 $192,000 $0 $192,000
2020 $3,778 $190,000 $0 $0
2019 $2,570 $167,116 $0 $0
2018 $2,504 $164,000 $0 $0
2017 $2,262 $164,000 $0 $0
2016 $1,746 $126,783 $0 $0
2015 -- $125,902 $0 $0
2014 -- $124,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R10893469

BeachesMLS

APN: 08-38-41-026-001-11060-9