NOT LISTED FOR SALE

1340 SW 25th Ln Palm City, FL 34990

Estimated Value: $884,000 - $1,115,000

4 Beds
3 Baths
3,161 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $599,888 $190 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,041/month

90 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Boat Ramp
  • Bessey Creek Elementary School Rated A-
  • Home fronts a seawall
  • Screened Pool

About This Home

As of May 2020

Discover the biggest concrete pool "WATERFRONT HOME" for the money! Over 3800 reasons to move on the water...over 3800 sqft of home! 3 car garage! Big & spacious rooms! Fireplace! Lift * ez dockage for 40ft boat + more space, 100ft of newer seawall * dock with power & water! Protected dockage only 10 minutes to the St. Lucie River + 8 miles to the inlet! Beautiful screened pool overlooks your boat slip. This home has loads of storage & will accommodate a large family. Low traffic street. Community has a boat & ramp + storage too. The home does need some TLC but is ready for your own personal touch. *Owner to give a $25,000 flooring and painting allowance to buyer at closing*

Last Agent to Sell the Property

Patrick Stracuzzi

RE/MAX Community License #3048544 Listed on: 01/22/2020

RE/MAX Community

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,178

Year Built

  • Built in 1987

Lot Details

  • 0.31 Acre Lot
  • Home fronts a seawall
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,161 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Pool

  • Screened Pool
  • Concrete Pool
  • Solar Heated In Ground Pool

Outdoor Features

  • Property has ocean access
  • Canal Access
  • Boat Ramp
  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas

Recreation

  • Boat Dock
  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,178

Year Built

Built in 1987

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Architectural Style: Ranch
  • Directions: From Martin Downs Blvd go North on High Meadows to right at circle onto MUrphy Rd to Fox Run on the left. after entrance go left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.308
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Fox Run Ph 01
  • Year Built: 1987
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Solar Hot Water, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Breakfast Area, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Fireplace, Garden Tub/Roman Tub, Master Downstairs, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 3161.0
  • Stories: 1
  • Window Features: Metal, Single Hung, Sliding
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Disclosures: None
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Pool Features: Concrete, Heated, In Ground, Screen Enclosure, Solar Heat
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Ocean Access, Seawall, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Boat, Garage, RV Access/Parking, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Connected, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 38.0
  • Association: Yes
  • Community Features: Boat Facilities, Dock
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Bessey Creek
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Zoning Description: R-2B
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6178.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
May 14, 2020
Sold by
Brinkman Gerald and Brinkman Deborah
Bought by
Niles Summer N
Seller's Agent
Patrick Stracuzzi
RE/MAX Community
List Price
$749,888
Sold Price
$599,888
Premium/Discount to List
-$150,000
-20%
Current Estimated Value
$998,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,617
Avg. Annual Appreciation
9.82%
Original Mortgage
$599,888
Outstanding Balance
$530,579
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$467,927

Purchase Details

Closed on
May 11, 2010
Sold by
Watson C William and Watson Barbara K
Bought by
Brinkman Deborah and Brinkman Gerald

Purchase Details

Closed on
Dec 18, 2002
Sold by
Bradley Margaret Wyeth
Bought by
Watson C William and Watson Barbara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
6%

Purchase Details

Closed on
Oct 23, 2000
Sold by
Bradley Margaret W
Bought by
Bradley Margaret W

Purchase Details

Closed on
Oct 19, 2000
Sold by
Bradley Margaret Wyeth
Bought by
Brinkman Deborah and Brinkman Gerald

Purchase Details

Closed on
May 28, 1993
Sold by
Vaughn Larry M and Vaughn Linda C
Bought by
Bankers Sav Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.39%
Source: Public Records

Range of Values:

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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
Niles Summer N $599,888 Title Trust Services Llc
Niles Summer N $599,888 Title Trust Services
Brinkman Deborah $445,000 Capital Abstract & Title
Watson C William $467,700 --
Bradley Margaret W -- --
Brinkman Deborah -- --
Bankers Sav Bk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niles Summer N $599,888
Closed Niles Summer N $599,888
Previous Owner Watson C William $374,000
Previous Owner Bankers Sav Bk $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2020 05/20/20 Sold $599,888 -20.0% $190 / Sq Ft
04/20/2020 04/20/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $749,888 -- $237 / 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 $9,329 $598,727 -- --
2024 $9,168 $581,854 -- --
2023 $9,168 $564,907 $0 $0
2022 $8,850 $548,454 $0 $0
2021 $8,898 $532,480 $270,000 $262,480
2020 $6,571 $399,176 $0 $0
2019 $6,493 $390,202 $0 $0
2018 $6,330 $382,925 $0 $0
2017 $5,653 $375,049 $0 $0
2016 $5,871 $367,336 $0 $0
2015 $5,579 $364,783 $0 $0
2014 $5,579 $361,888 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20021891

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-011-000-00500-3