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April 2013 Market Report Lake Tuscany in Stuart Florida

04.18.13 by

April 2013 Market Report Lake Tuscany in Stuart Florida

As of April 18 2013, there are 6  homes available for sale with listing prices from $334,000 to $469,000 at an average price per square foot of living area of $135.41.

One home is pending and awaiting close.  The home was offered for $437,000 or $100.16 per sq. ft.

In the past 12 months, 5 homes have sold in Lake Tuscany ranging in sales price from $230,000 to $400,000 at an average of $98.22 per sq. ft. of living area.

April 2013 Market Report Lake Tuscany in Stuart Florida is a newer subdivision just to the west of I-95 in Martin County, Florida.  The homes in Lake Tuscany were mostly completed between 2004 to 2005.  This attractive subdivision is set up with a gated entrance and all 98 homes in Lake Tuscany are on Panther Trace which makes a large circle around the lake in the center.  Homes range from 3 Bedroom, 3 Bath or 4 BR 2 Baths of around 2100 sq. ft. of living area to spacious 6 Bedroom, 4 Bathroom 2 story homes with lofts and theater rooms with pools by the lakeside along with 3 car garages.  All are high quality homes built by local builder Mercedes Homes.

Lake Tuscany boasts lush landscaping and very reasonable Home Owner’s Association fees of $398 per quarter.  These fees cover security, the common areas and lake upkeep, basic cable, trash collection and front landscaping.  The Lake Tuscany property owners web site is located at this site.

Families in Lake Tuscany enjoy Martin County’s ‘A’ rated schools in the following schools: Crystal Lake Elementary, David L Anderson Middle School and South Fork High School.  Shopping is only minutes away and there’s easy access to Martin County’s waterways and just a short drive to the many public beaches.

Search here for currently available homes in Lake Tuscany in Stuart Florida

For any questions you may have about April 2013 Market Report Lake Tuscany in Stuart Florida, please call the Gabe Sanders real estate team at 772-323-6996 or Contact Us Here

Stuart Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

April 2013 Market Report Lake Tuscany in Stuart Florida

 

Low interest on 15-year mortgages brings many refinancing deals!

10.08.10 by

Mortgage interest rates are the lowest in half a century, and the 15-year rate is the lowest of all.

Some mortgages are being offered at 3.75 percent for the 15-year. A year ago, the average rate was 4.68 percent.

In the past, many people would have opted for a 15-year instrument instead of one for 30 years, but couldn’t afford the higher monthly payments. The gap in monthly payments has now decreased.

A 30-year mortgage holder on a $200,000 loan at 7 percent would pay about $1,330 in principal and interest for 30 years. If the $200,000 mortgage was taken at 3.75 percent interest, the monthly payment would be just $124 more, or $1,454 for only 15 years.

Twenty-year loans have also become a good choice. At today’s rates, a borrower with a 30-year loan at 6.5 percent, and a $200,000 principal balance, could save some $70,000 in interest over the life of a shorter 20-year mortgage.

According to HSH Associates, a publisher of mortgage and consumer loan information, the shorter terms are especially attractive to people who want to build equity more quickly and those who want to pay off mortgages in a shorter period of time. About one-third of refinancers are moving to 15-year or 20-year loans.

One lender, quoted in USA Today, says more homeowners who are in their middle years are applying for 15-year mortgages. Their income is higher now than it will be at retirement, and they can afford to pay off the loan before they retire.

About a quarter of residential properties are now worth less than the amount owed on a mortgage. If they can afford it, some people are paying cash upfront to move from a more-expensive mortgage to a cheaper, shorter-term loan.

If you are considering refinancing on Florida’s Treasure Coast but don’t know where to begin.  Give us a call and we’ll point you in the right direction.

the Gabe Sanders real estate team

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

For more information about Florida’s Treasure Coast Real Estate, visit us at our website or call us at (772) 888-2885.
Our market reports are here!

Moon River Jensen Beach March 2015 Market Update

03.22.15 by

Moon River Jensen Beach March 2015 Market Update

As of March 2015, there are 2 homes on the market in Moon River on the Jensen Beach Causeway of Hutchinson Island FL.  Listing prices are $309,000 and $450,000 for an average list price of $379,500 which equates to $214.88 per sq. ft. of living area. Neither of these listings are distressed properties.

There are no Moon River homes currently pending (under contract).

There have been 5 homes sold in the past 12 months in Moon River.  Sales prices ranged from $230,000 to $414,900 for an average sales price of $315,180 which equals $190.42 per sq. ft. of living area and averaged 93% of list price. None of these completed sales were distressed properties.

Moon River on Hutchinson Island in Jensen Beach

Moon River is a community of 51 attached and 3 detached homes that were built from 1998 to 2003. This is a gated waterfront community with ocean access docks as well as a community pool and clubhouse. Two tennis courts are also available and shared with the neighboring community of Fairwinds Cove.

Moon River on Hutchinson Island in Jensen Beach
Home sizes range from 3 Bedroom, 3 bathroom two story homes with over 2.700 sq. ft. of living area down to 2 Bedroom, 2 bathroom, 1 story homes of just under 1,400 sq. ft. of living space. Most of these homes have 2 car garages with a few actually offering covered parking for up to 4 cars. 

Moon River on Hutchinson Island in Jensen Beach
This is a pet friendly community allowing for up to two pets that are no larger than 50 lbs. HOA fees at the time of this post were $343 per month (payable quarterly). 
Moon River lies on the east side of the Jensen Beach Causeway in Martin County Florida. It’s only a short walk or bike ride to the public beach on the Atlantic Ocean. It’s also close to shopping, restaurants and the remaining wonderful amenities that Martin County has to offer.

Moon River on Hutchinson Island in Jensen BeachMoon River is an excellent choice for both full time residents and for those wishing to have their winter oasis away from the cold north.

Moon River on Hutchinson Island in Jensen Beach

The current Martin County Schools for Sugar Hill are Jensen Beach Elementary School, Stuart Middle School and Jensen Beach High School

Here are the currently available homes in Moon River in Jensen Beach

 For any questions you may have about March 2015 Market Report for Moon River in Jensen Beach, please call the Gabe Sanders BlueWater Realty team at 772-323-6996 or Contact Us Here

Jensen Beach Florida Real Estate

Residential Homes, Condos and Land
Waterfront and Golf Course Communities in Martin and Saint Lucie Counties

Moon River Jensen Beach March 2015 Market Update

Oak Ridge in Palm City, Florida

08.29.11 by

Oak Ridge in Palm City, Florida

Located in a quiet tranquil corner of Palm City Florida, the Oak Ridge community of 224 homes is conveniently located close to top-rated schools, shopping, I-95 and Florida’s Turnpike, golf courses, cultural activities, parks, and beaches. Linked with tree-lined streets and cul-de-sacs, homes are located on preserves or waterfront on lakes or ocean access canals. Enhanced private homesites within a traditional community setting. The gated neighborhood of Oak Ridge offers a 2000 sq. ft. clubhouse, pool, two lighted tennis courts, and a deep water ocean access boat ramp. Each house is ideally situated on a lake or preserve property.

There is a mandatory Home Owners Association with reasonable quarterly dues which cover Basic Cable TV, Landscaping and Maintenance of all Common Areas, Gate Maintenance, Property Manager & Reserve Funds. 

Residents of Oak Ridge are in the Martin County School system and currently, the assigned schools are Bessey Creek Elementary, Hidden Oaks Middle and Martin County High School.

Only minutes to Pendarvis Cove Park on the shores of the Saint Lucie River. Additional boat ramp and trailer parking and home of the sailing club.

Other close-by amenities include lots of great shopping and easy access to Florida’s Turnpike and I-95. Only 15 minutes to the shores of the Atlantic Ocean. Give us a call if you’d like additional information about this wonderful Palm City community.

 

For more information, visit our website or call us at (772) 888-2885.
Our market reports are here!