NOT LISTED FOR SALE

1939 SW Oak Ridge Rd Palm City, FL 34990

Estimated Value: $497,700 - $575,000

3 Beds
2 Baths
1,825 Sq Ft
$288/Sq Ft Est. Value

Last Sold December 19, 2023

Last sale price $512,400 $281 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,240/month

43 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Clubhouse
  • Bessey Creek Elementary School Rated A-
  • Gated Community
  • Screened Porch

About This Home

As of December 2023

Welcome to Oak Ridge in Palm City. Oak Ridge is a gated community that offers a Boat Ramp with ocean access, clubhouse, tennis courts, community clubhouse & pool.. This home has been very well maintained and shows pride of ownership. Permits for: new roof 9/15/2016, new a/c 9/23/2011 & shutters 11/16/2004. There is a solid drain pipe from base of patio to the lake. View of the lake and large backyard with sprinklers on a well...City Water & City Sewer. Walk or ride bikes to Bessey Creek Elementary. The Quarterly Association fee is $590.00 which includes: Unmanned Gates, Community Pool, Clubhouse, Tennis Courts, Basketball hoops, Boat Ramp with Ocean Access & off site Manager. Being Sold "As-Is" with right to inspect. Buyer to pay title.

Last Agent to Sell the Property

Diane Asker

Laviano & Associates Real Esta Brokerage Phone: 772-341-3756 License #352767 Listed on: 10/07/2023

Laviano & Associates Real Esta

Last Buyer's Agent

Msebenzi Masondo

Engel & Volkers Stuart License #3356013

Engel & Volkers Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,287

Year Built

  • Built in 1994

Lot Details

  • 9,060 Sq Ft Lot
  • Lake Front
  • Sprinkler System

HOA Fees

  • $197 Monthly HOA Fees

Home Design

  • Rustic Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,825 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Formal Dining Room
  • Screened Porch
  • Vinyl Flooring
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Boat Ramp
  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater

Community Details

Overview

  • Association fees include management, common areas, recreation facilities
  • Association Phone (772) 349-5122

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,287

Year Built

Built in 1994

Lot Details

0

HOA Fees

$197 per month

Listing Details

  • Architectural Style: Rustic
  • Directions: Take Martin Downs and go north on Matheson.
  • Garage Yn: Yes
  • Lot Size Acres: 0.208
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Oak Ridge 01
  • Year Built: 1994
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-341-3756
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Microwave, Range, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Bathtub, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Garden Tub/Roman Tub, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 1825.0
  • Stories: 1
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Metal
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Boat Ramp/Lift Access
  • Waterfront: Yes

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, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Available, Water Connected
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 196.66
  • Phone: 772-349-5122
  • Association: Yes
  • Community Features: Basketball Court, Clubhouse, Pool, Tennis Court(s), Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Recreation Facilities

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3287.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Dec 13, 2023
Sold by
Bussell Gary E and Joyce Ann
Bought by
Henry Joseph and Lord-Henry Olivia
Seller's Agent
Diane Asker
Laviano & Associates Real Esta
Buyer's Agent
Msebenzi Masondo
Engel & Volkers Stuart
List Price
$535,000
Sold Price
$512,400
Premium/Discount to List
-$22,600
-4.22%
Views
50
Current Estimated Value
$525,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,525
Avg. Annual Appreciation
1.41%
Original Mortgage
$512,400
Outstanding Balance
$504,310
Interest Rate
7.76%
Mortgage Type
VA
Estimated Equity
$21,615

Purchase Details

Closed on
Aug 4, 1997
Sold by
Lee David D and Lee Margaret E
Bought by
Bussell Gary E and Bussell Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 1994
Sold by
B M C Dev At Cypress Head Inc
Bought by
Lee David D and Lee Margaret E

Purchase Details

Closed on
Jan 1, 1901
Bought by
Bussell Gary E and Joyce Ann
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
Henry Joseph $512,400 None Listed On Document
Bussell Gary E $177,000 --
Lee David D $140,500 --
Bussell Gary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henry Joseph $512,400
Previous Owner Bussell Gary E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2023 12/19/23 Sold $512,400 -4.2% $281 / Sq Ft
11/25/2023 11/25/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $535,000 -- $293 / 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 $3,418 $459,780 $225,000 $234,780
2024 $3,418 $453,130 $453,130 $238,130
2023 $3,418 $220,555 $0 $0
2022 $3,287 $214,132 $0 $0
2021 $3,280 $207,896 $0 $0
2020 $3,182 $205,026 $0 $0
2019 $3,139 $200,417 $0 $0
2018 $3,058 $196,680 $0 $0
2017 $2,572 $192,635 $0 $0
2016 $2,833 $188,673 $0 $0
2015 -- $187,361 $0 $0
2014 -- $185,874 $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: M20041268

Martin County REALTORS® of the Treasure Coast

APN: 01-38-40-015-000-00250-4