When was property at 8866 Southwest Cherry Lane built and last sold?

The property at 8866 Southwest Cherry Lane was built in 1978 and last sold on Mar 16, 2021 for $195,597.

How much is this home worth?

The estimated value of the home located at 8866 Southwest Cherry Lane is $0.

What are some comparable homes to 8866 Southwest Cherry Lane?

There are currently no comparable homes to 8866 Southwest Cherry Lane.

Martin

34997

8866 Cherry Lane

$129,000

● House - Off Market

8866 Cherry Lane

Stuart, FL 34997

3 Beds

2 Baths

1,668 Ft²

$299,135

RealtyHop Estimate

115.21%

Since Sep 1, 2012

National-US

Primary Model

About This Property

A spacious lot and beautiful trees. For those who need space for an RV or Boat. If you like a rustic feel, this is a home to view. Property needs some updating but has potential. Call for a showing today.

Unit Size

1,668 Ft²

Days on Market

200 days

Land Size

Price per sqft

$83

Property Type

House

Property Taxes

$239

HOA Dues

Year Built

1978

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (Beaches MLS #R3255940)

Price History

Date / Event	Date	Event
Mar 29, 2021	Sold	Premium
Sold
Aug 13, 2012	Sold	Premium
Sold
Jan 26, 2012	Listed by Illustrated Properties/Palm City	$139,000
Listed by Illustrated Properties/Palm City

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1978

Effective Year Built: 1978
Building Count: 1
Total Rooms: 3
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 10
Construction Type: 4
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 525
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 32,017

Total Building Area: 2,193
Gross Building Area: 2,193
Building Area: 1,668
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 3
Heated Square Feet: 1,668
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: TROPICAL ESTATES
Land Acres: 0000000735
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: TROPICAL ESTATES SEC 1 LOT 2

Neighborhood

School District Name: Martin County School District

Census Tract: 001703

Zoning

Zoning: R2

Geography

Assessors Map Reference: P-07A

Parcel: 07-39-41-001-000-00020-2
Lot: 2
Meridian: SEC 7 TWN 39S RNG 41E
Latitude: 27.097
Longitude: -80.2764

Address

Full Address: 8866 Sw Cherry Ln

Address - House Number: 8866
Street Direction: SW
Address - Street Name: Cherry
Address - Suffix Type: Ln
State: FL
City Name: Stuart
Carrier Code: R020
4-Digit Zip Code: 7148
Zip Code: 34997

Valuation

Tax

Tax Year: 2022

Tax Amount: $554,538
Tax Rate Code Area: 9009 SOUTH

Appraisal Valuation

Standard Deviation: 0.1907

Valuation Date: Jan 27, 2024
Confidence Score: 74
Final Value: 569,388
High Value: 678,026
Low Value: 460,750

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

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First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $380,940

Market Land Value: $270,000
Market Improvement Value: $110,940

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $362,469

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Mar 16, 2021

Current Sale Recording Date: Mar 29, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2877380
Previous Sale Recording Date: Aug 13, 2012
Previous Sale Contract Date: Aug 13, 2012
Previous Sale Amount: $129,000
Previous Sale Document Type: 27

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Martin

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$285

Below Asking

0.03%

Average Days on Market

Average Home Size

2090 ft²

Average Home Age

32.9 years

Currently For Sale

1658 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7638 Sw Lucy Lane, Stuart, FL, 34997

$2,800 /mo

3 Beds
2 Baths
1,550 ft²

7638 Sw Lucy Lane, Stuart, FL, 34997 Listing by Jacqueline Molina

Unit for rent at 8913 Sw Chevy Circle, Stuart, FL, 34997

$2,500 /mo

2 Beds
2 Baths
1,642 ft²

8913 Sw Chevy Circle, Stuart, FL, 34997 Listing by Lisa K Archuletta

Unit for rent at 9519 Sw Merlin Court, Stuart, FL, 34997

$2,400 /mo

3 Beds
2 Baths
1,542 ft²

9519 Sw Merlin Court, Stuart, FL, 34997 Listing by Susan Winch

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Lisa Ammons
Illustrated Properties/Palm City
Last Updated: 5 months ago
Data Source: Beaches MLS, MLS# R3255940

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.

8866 Cherry Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Martin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions