NOT LISTED FOR SALE

1147 SW Cherry Blossom Ln Palm City, FL 34990

Estimated Value: $901,000 - $995,000

4 Beds
3.5 Baths
3,279 Sq Ft
$290/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $645,000 $197 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,216/month

218 Days on Market

Highlights

  • Fitness Center
  • Concrete Pool
  • Views of Preserve
  • Citrus Grove Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of November 2020

INCREDIBLE PRICE for this Resort Style 4/5 bedroom with separate office. Owner added an entire outdoor Living space to make life like living in a resort. Extended outdoor kitchen, w bar area that flows to a separate dining and lounging area. At night enjoy fire pits and custom lighting. Inside living flows outside to expansive heated salt water pool w wading area and patio. Private preserve views make a tropical paradise. Custom built ins in all closets, plantation shutters through out and accordion slides on sliders. All rooms spacious & an extra large Master Suite. Upgraded wood floors, crown molding, lighting fixtures and a full built out pantry & butlers pantry w wine fridge. Laundry room has drying station & full wrap around storage cabinetry. Shelves in 2 car garage stay. Neighborhood friendly and social. Clubhouse has GYM,POOL& conference space & rentals Close to I95/tpk, shops, dining, medical. List of owners upgrades available(over $80,000 spent) Broker related to owner.

Last Agent to Sell the Property

Penelope Whichello

Penelope Properties Inc License #3037486 Listed on: 03/13/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,376

Year Built

  • Built in 2014

Lot Details

  • 0.26 Acre Lot
  • Fenced Yard
  • Fenced
  • Sprinkler System

HOA Fees

  • $263 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Concrete Siding
  • Stucco

Interior Spaces

  • 3,279 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Plantation Shutters
  • Single Hung Windows
  • Family or Dining Combination
  • Screened Porch
  • Views of Preserve
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Concrete Pool
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas, cable TV

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,376

Year Built

Built in 2014

Lot Details

0

HOA Fees

$263 per month

Listing Details

  • Architectural Style: Mediterranean, Multi-Level
  • Directions: Martin Downs Blvd. to Sand Trail, 2 miles back to gate.Turn right onto Scrub Oak then left on Gossamer, right on Cherry Blossom, home on left
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Lot Size Acres: 0.26
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Copperleaf
  • Year Built: 2014
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Wood
  • Furnished: Furnished Or Unfurnished
  • Interior Amenities: Wet Bar, Breakfast Area, Closet Cabinetry, Dual Sinks, Eat-in Kitchen, Family/Dining Room, Jetted Tub, Pantry, Tub Shower, Upper Level Master, Walk-In Closet(s)
  • Living Area: 3279.0
  • Stories: 2
  • Window Features: Metal, Plantation Shutters, Single Hung

Exterior Features

  • Construction Type: Frame, Concrete, Stucco
  • Exterior Features: Fence, Sprinkler/Irrigation, Lighting, Outdoor Grill, Outdoor Kitchen, Outdoor Shower, Patio
  • Fencing: Yard Fenced
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: Concrete, Heated, Pool Equipment, Community
  • Pool Private: Yes
  • Roof: Barrel
  • View: Preserve
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fenced, Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Separate Meters, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 263.0
  • Association: Yes
  • Community Features: Basketball Court, Bicycle Storage, Clubhouse, Fitness Center, Pool, Trails/Paths, Gated
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Lot Info

  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6376.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Nov 16, 2020
Sold by
Morley Christopher W and Morley Cindy L
Bought by
Ferranti Michelle Brook and Ferranti Zachary Adam
Seller's Agent
Penelope Whichello
Penelope Properties Inc
List Price
$774,000
Sold Price
$645,000
Premium/Discount to List
-$129,000
-16.67%
Current Estimated Value
$956,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,182
Avg. Annual Appreciation
8.57%
Original Mortgage
$510,400
Outstanding Balance
$456,251
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$496,077

Purchase Details

Closed on
Jun 13, 2014
Sold by
Centex Homes
Bought by
Morley Christopher W and Morley Cindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,900
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Ferranti Michelle Brook $645,000 Attorney
Morley Christopher W $382,400 Dba Pgp Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferranti Michelle Brook $510,400
Previous Owner Marley Christopher W $100,000
Previous Owner Morley Christopher W $183,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $645,000 -16.7% $197 / Sq Ft
10/17/2020 10/17/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $774,000 -- $236 / 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
2025 $8,598 $552,962 -- --
2024 $8,447 $537,379 -- --
2023 $8,447 $521,728 $0 $0
2022 $8,153 $506,533 $0 $0
2021 $8,194 $491,780 $160,000 $331,780
2020 $6,452 $392,393 $0 $0
2019 $6,376 $383,571 $0 $0
2018 $6,216 $376,419 $0 $0
2017 $5,545 $368,677 $0 $0
2016 $5,764 $361,094 $0 $0
2015 -- $333,400 $0 $0
2014 -- $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20022972

Martin County REALTORS® of the Treasure Coast

APN: 02-38-40-002-000-02880-0