NOT LISTED FOR SALE

1561 SW Merchant Ln Port Saint Lucie, FL 34953

Gatlin Pines Neighborhood

Estimated Value: $466,384 - $539,000

4 Beds
3 Baths
2,495 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $299,900 $120 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,254/month

13 Days on Market

Highlights

  • Concrete Pool
  • Screened Porch
  • Bar
  • Vaulted Ceiling
  • Formal Dining Room
  • Laundry Room

About This Home

As of May 2017

This home is located at 1561 SW Merchant Ln, Port Saint Lucie, FL 34953 since 01 April 2017 and is currently estimated at $518,596, approximately $207 per square foot. This property was built in 2003. 1561 SW Merchant Ln is a home located in St. Lucie County with nearby schools including Oak Hammock K-8 School, Windmill Point Elementary School, and Bayshore Elementary School.

Last Agent to Sell the Property

Diane Mudd

M & D Realty PA License #3050648 Listed on: 04/01/2017

Co-Listed By

Valery Ouellette

Ouellette Realty Group Inc License #3352465

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,988

Year Built

  • Built in 2003

Lot Details

  • 10,000 Sq Ft Lot
  • South Facing Home
  • Property is zoned RS-2

Parking

  • 2 Car Garage

Interior Spaces

  • 2,495 Sq Ft Home
  • 1-Story Property
  • Bar
  • Vaulted Ceiling
  • French Doors
  • Family Room
  • Formal Dining Room
  • Screened Porch
  • Laundry Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Pool

  • Concrete Pool
  • Free Form Pool
  • Gunite Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Port St Lucie Section 14 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 342056501120003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,988

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GATLIN BLVD TO FEATHER SOUTH TO MERCHANT LANE RIGHT TO PROPERTY
  • Year Built: 2003
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Split Bedrooms, Vaulted Ceiling(s), Bar
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2495.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: Concrete, Free Form, Gunite, Other, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 342056501120003
  • Lot Size Sq Ft: 10000.0
  • Zoning Description: RS-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2988.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 1, 2017
Bought by
Ramsey Michael V
Seller's Agent
Diane Mudd
M & D Realty PA
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$518,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,696
Avg. Annual Appreciation
6.84%

Purchase Details

Closed on
Sep 1, 2016
Bought by
Ramsey Michael V

Purchase Details

Closed on
Mar 10, 2006
Sold by
Abaza Ayman and Abaza Ourania
Bought by
Alers Ernesto Cruz and Reyes Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,700
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 30, 2003
Sold by
Adams Homes Nw Fl Inc
Bought by
Abaza Ayman and Abaza Ourania

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2002
Sold by
Sampson James T and Sampson Frances H
Bought by
Adams Homes Nw Fl Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramsey Michael V $299,900 --
Ramsey Michael V $206,600 --
Alers Ernesto Cruz $357,000 Caribbean Title Services Of
Abaza Ayman $138,200 --
Adams Homes Nw Fl Inc $5,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Michael V $385,265
Closed Ramsey Michael V $289,617
Closed Ramsey Michael V $289,308
Previous Owner Alers Ernesto Cruz $300,800
Previous Owner Alers Ernesto Cruz $37,000
Previous Owner Alers Ernesto Cruz $35,700
Previous Owner Alers Ernesto Cruz $285,600
Previous Owner Abaza Ayman $45,000
Previous Owner Abaza Ayman $110,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $299,900 0.0% $120 / Sq Ft
04/15/2017 04/15/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $299,900 -- $120 / 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
2024 $5,134 $254,290 -- --
2023 $5,134 $246,884 $0 $0
2022 $4,957 $239,694 $0 $0
2021 $4,896 $232,713 $0 $0
2020 $4,935 $229,500 $48,000 $181,500
2019 $5,133 $233,860 $0 $0
2018 $4,894 $229,500 $34,000 $195,500
2017 $6,019 $195,900 $28,000 $167,900
2016 $2,988 $202,700 $24,000 $178,700
2015 $3,015 $162,500 $14,400 $148,100
2014 $2,873 $133,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Mudd

    Seller's Agent in 2017

    Diane Mudd

    M & D Realty PA

    (561) 313-5387

    1 in this area

    38 Total Sales

    Diane Mudd
    Section Image
  • Valery Ouellette

    Seller Co-Listing Agent in 2017

    Valery Ouellette

    Ouellette Realty Group Inc

    (561) 707-4535

    67 Total Sales

    Valery Ouellette
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10321829

BeachesMLS

APN: 34-20-565-0112-0003

Florida St Lucie County Port Saint Lucie 34953 Gatlin Pines

1561 SW Merchant Ln, Port Saint Lucie, FL

This home is located at 1561 SW Merchant Ln, Port Saint Lucie, FL 34953 since 01 April 2017 and is currently estimated at $518,596, approximately $207 per square foot. This property was built in 2003. 1561 SW Merchant Ln is a home located in St. Lucie County with nearby schools including Oak Hammock K-8 School, Windmill Point Elementary School, and Bayshore Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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