NOT LISTED FOR SALE

1366 SW Jasmine Trace Palm City, FL 34990

Estimated Value: $1,049,000 - $1,164,431

4 Beds
4 Baths
3,751 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $680,000 $181 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,970/month

120 Days on Market

Highlights

  • Heated Pool
  • 39,116 Sq Ft lot
  • Tennis Courts
  • Palm City Elementary School Rated A-
  • High Ceiling
  • Formal Dining Room

About This Home

As of June 2020

Calling on all buyers looking for massive garage space (over 1,300 sq.ft) - Seriously - not a typo!! Located on a quiet street, on nearly 1 acre lot, this remodeled 2 story home is truly a must see. Offering over 3,700 sq.ft under A/C space, this home lives large. Beautiful custom kitchen with granite counter tops, stainless steel appliances, gas stove and a center island. 4 possible 5 bedrooms, 4 full baths, summer kitchen, massive garage (over 1,300 sq.ft) , whole house generator, hurricane shutters and more. NEW ROOF IN 2019. All new flooring in the main living areas (tile that looks like wood). Beautifully remodeled master bathroom. Plantation shutters. Desirable Martin County School District. Easy access to I-95 & FL Turnpike. *Dining Room chandelier does not convey*

Last Agent to Sell the Property

Arati Hammond

Keller Williams Realty Of The Treasure Coast License #3034537 Listed on: 01/30/2020

Keller Williams Realty Of The Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,820

Year Built

  • Built in 1998

Lot Details

  • 0.9 Acre Lot

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Barrel Roof Shape
  • Concrete Roof

Interior Spaces

  • 3,751 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated Pool
  • Screen Enclosure

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 433841002000008601

Community Details

Overview

  • Association fees include common areas, recreation facilities
  • Orchid Bay Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,820

Year Built

Built in 1998

Lot Details

0

HOA Fees

$175 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Mapp Road to Orchid Bay main entrance
  • Year Built: 1998
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, High Ceilings, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 3751.0
  • Dining Room Type: Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • Pool Features: Heated, Pool, Screen Enclosure
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel, Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 175.0
  • Community Features: Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities

Lot Info

  • Parcel #: 433841002000008601
  • Lot Size Sq Ft: 39116.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7820.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2020
Closed on
Jun 29, 2020
Sold by
Summers Victor B and Summers Cheryl
Bought by
Gack Michaela and Orozco Luis
Seller's Agent
Arati Hammond
Keller Williams Realty Of The Treasure Coast
List Price
$735,000
Sold Price
$680,000
Premium/Discount to List
-$55,000
-7.48%
Current Estimated Value
$1,103,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,108
Avg. Annual Appreciation
9.52%
Original Mortgage
$34,000
Outstanding Balance
$30,132
Interest Rate
3.07%
Mortgage Type
New Conventional
Estimated Equity
$1,072,976

Purchase Details

Listed on
Jul 17, 2011
Closed on
May 30, 2012
Sold by
Munson Jamie K and Munson Jamie W
Bought by
Summers Victor B and Summers Cheryl
Seller's Agent
Arati Hammond
Keller Williams of the Treasure Coast
Buyer's Agent
NON MEMBER
List Price
$525,000
Sold Price
$465,000
Premium/Discount to List
-$60,000
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$410,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
National Residential Nominee Services In
Bought by
Nami Jamie W and Munson Jamie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 2008
Sold by
Binger Janice K and Binger Stephen C
Bought by
National Residential Nominee Svcs Inc

Purchase Details

Closed on
Dec 15, 2004
Sold by
Olson John W and Olson Mildred
Bought by
Binger Stephen C and Binger Janice K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Gack Michaela $680,000 Patch Reef Title Company Inc
Gack Michaela $680,000 Patch Reef Title
Summers Victor B $465,000 Patch Reef Title Company Inc
Nami Jamie W $465,000 None Available
National Residential Nominee Svcs Inc $595,000 Patch Reef Title Company Inc
Binger Stephen C $626,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gack Michaela $34,000
Closed Gack Michaela $34,000
Open Gack Michaela $510,000
Closed Gack Michaela $510,000
Previous Owner Summers Victor B $410,000
Previous Owner Nami Jamie W $365,000
Previous Owner Binger Stephen C $496,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2020 06/29/20 Sold $680,000 -7.5% $181 / Sq Ft
05/30/2020 05/30/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $735,000 +58.1% $196 / Sq Ft
05/30/2012 05/30/12 Sold $465,000 -11.4% $124 / Sq Ft View Prior Sale
04/30/2012 04/30/12 Pending -- -- --
07/10/2011 07/10/11 For Sale $525,000 -- $140 / Sq Ft
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
2025 $11,567 $702,848 -- --
2024 $11,383 $683,040 -- --
2023 $11,383 $663,146 $0 $0
2022 $11,012 $643,832 $0 $0
2021 $11,075 $625,080 $150,000 $475,080
2020 $7,906 $442,755 $0 $0
2019 $7,820 $432,800 $0 $0
2018 $7,640 $424,731 $0 $0
2017 $6,344 $415,996 $0 $0
2016 $6,552 $407,440 $0 $0
2015 $6,251 $404,607 $0 $0
2014 $6,251 $402,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10596663

BeachesMLS

APN: 43-38-41-002-000-00860-1