NOT LISTED FOR SALE

1505 SW Ulmus Place Palm City, FL 34990

Estimated Value: $537,936 - $685,000

5 Beds
3 Baths
2,585 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $307,000 $119 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,572/month

35 Days on Market

Highlights

  • Cathedral Ceiling
  • Hurricane or Storm Shutters
  • Breakfast Bar
  • Palm City Elementary School Rated A-
  • 2 Car Attached Garage
  • Shed

About This Home

As of July 2016

5 bedroom, 3 full bath and 2 car garage home in the heart of Palm City, Walking distance to PCE, and a large fenced yard makes this a picture perfect home. Come check out this private oasis in the heart of town. Enjoy breakfast in an updated kitchen with maple cabinets and corian counter-tops. The 5th bedroom has a huge walk in closet and a private entrance perfect for an in-law suite or those boomerang kids! 3 bedrooms downstairs and 2 full bedrooms upstairs make for plenty of room for everyone. Home is located in Palm City A rated schools, close to shopping, I-95 and the turnpike.

Last Agent to Sell the Property

Deana Peterson

RE/MAX of Stuart License #3271408 Listed on: 05/25/2016

RE/MAX of Stuart

Last Buyer's Agent

Patrick Stracuzzi

RE/MAX Community License #3152317

RE/MAX Community

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,438

Year Built

  • Built in 1991

Lot Details

  • 9,932

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,585 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 1 to 5 Parking Spaces

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Well

Additional Features

  • Shed
  • Property fronts a private road

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,438

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Directions: Mapp Rd South then right on Thelma, then first left on Earl and the quick left on Ulmus
  • Garage Yn: Yes
  • Lot Size: .228
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: HENDERSONS ADD
  • Year Built: 1991
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 5
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Living/Dining Room, Pantry
  • Living Area: 2585.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Disclosures: Seller Disclosure
  • Exterior Features: Room For Pool, Shed, Storm/Security Shutters
  • Other Structures: Shed(s)
  • Pool Private: No
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Utilities: Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

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

Tax Info

  • Tax Annual Amount: 2438.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2016
Closed on
Jul 29, 2016
Sold by
Larson Borden M and Larson Kelly Sue
Bought by
Horn Christopher David and Horn Ashley Jon
Seller's Agent
Deana Peterson
RE/MAX of Stuart
Buyer's Agent
Patrick Stracuzzi
RE/MAX Community
List Price
$310,000
Sold Price
$307,000
Premium/Discount to List
-$3,000
-0.97%
Current Estimated Value
$587,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,734
Avg. Annual Appreciation
7.58%
Original Mortgage
$301,439
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2005
Sold by
Cote Thomas P and Cote Carol A
Bought by
Larson Borden M and Larson Kelly Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 20, 1990
Bought by
Horn Christopher David and Horn Ashley Jon
Source: Public Records

Range of Values:

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Average Value
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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
Horn Christopher David $307,000 Signature Title Florida
Larson Borden M $336,000 --
Horn Christopher David $17,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horn Ashley Jon $180,000
Closed Horn Christopher David $30,559
Closed Horn Christopher Daivd $287,347
Closed Horn Christopher David $301,439
Previous Owner Larson Borden M $270,400
Previous Owner Larson Borden M $268,800
Previous Owner Cote Thomas P $84,400
Previous Owner Cote Thomas P $65,700
Previous Owner Cote Thomas P $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $307,000 -1.0% $119 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
05/25/2016 05/25/16 For Sale $310,000 -- $120 / 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 $4,516 $297,342 -- --
2024 $4,420 $288,963 -- --
2023 $4,420 $280,547 $0 $0
2022 $4,256 $272,376 $0 $0
2021 $4,259 $264,443 $0 $0
2020 $4,155 $260,792 $0 $0
2019 $4,102 $254,929 $0 $0
2018 $3,998 $250,176 $0 $0
2017 $3,457 $245,030 $95,000 $150,030
2016 $2,429 $164,867 $0 $0
2015 $2,304 $163,720 $0 $0
2014 $2,304 $162,420 $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: M388449

Martin County REALTORS® of the Treasure Coast

APN: 18-38-41-007-004-00200-9