NOT LISTED FOR SALE

2498 SW Oak Ridge Rd Palm City, FL 34990

Estimated Value: $719,000 - $841,000

4 Beds
4 Baths
2,963 Sq Ft
$265/Sq Ft Est. Value

Last Sold March 17, 2017

Last sale price $480,000 $162 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,774/month

Highlights

  • Lake Front
  • Boat Dock
  • Screened Pool
  • Bessey Creek Elementary School Rated A-
  • Boat Ramp
  • Gated Community

About This Home

As of March 2017

This Key West style Oak Ridge Estates 4 bedroom (plus bonus) 4 bath home with oversized garage is on a lake with pool and spa has it all! Soaring Vaulted ceiling with extensive mill work and crown molding in all the right places. Fabulous, versatile layout with 2963 AC space plus ample outdoor living space. Master & guest bedroom or study are on ground floor. Upstairs has 2 bedroom with in suite baths and bonus room. Perfect for media or game room, office or a 5th bedroom! Open railing allows for great views of the heated pool, spa and lake areas. Huge Chefs Delight Kitchen with oodles of work space, Dark Cherry Cabinetry, Corian countertops & pantry. Oversized and extra deep garage can fit a small boat. CBS, Shutters, new carpet, 18" Diagonal tile. Wonderful Gated community, tucked away in a tranquil corner of Palm City. Boat ramp with ocean access (no fixed bridge), fishing pier, community pool, tennis, and basketball. Low HOA fees of $131 per month which included basic cable!

Last Agent to Sell the Property

Julie Albert

RE/MAX of Stuart License #614076 Listed on: 01/11/2017

RE/MAX of Stuart

Last Buyer's Agent

Julie Albert

RE/MAX of Stuart License #614076 Listed on: 01/11/2017

RE/MAX of Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,774

Year Built

  • Built in 2001

Lot Details

  • Lake Front
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $131 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,963 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Boat Ramp
  • Deck
  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

Overview

  • Association fees include cable TV, recreation facilities, reserve fund
  • Association Phone (772) 597-6887

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,774

Year Built

Built in 2001

Lot Details

0

HOA Fees

$131 per month

Listing Details

  • Architectural Style: Multi-Level
  • Directions: Mapp Road North to second Oak Ridge gate (past Palm Cove Entrance). Thru Gate, right of Whisper Ridge Trail, left of Oak Ridge to property on right.
  • Unit Levels: Multi/Split
  • Lot Size: 10759
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Oak Ridge 01
  • Year Built: 2001
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 4
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Dual Sinks, Double Vanity, Entrance Foyer, Jetted Tub, Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 2963.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Disclosures: Deed Restriction
  • Exterior Features: Deck, Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Deck, Patio, Screened
  • Pool Features: Fenced, Heated, In Ground, Screen Enclosure, Community
  • Pool Private: Yes
  • Roof: Barrel
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake, Boat Ramp/Lift Access
  • Waterfront: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System, Gated Community, Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 131.0
  • Phone: 772-597-6887
  • Association: Yes
  • Community Features: Basketball Court, Clubhouse, Dock, Park, Pool, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Cable TV, Other, Recreation Facilities, Reserve Fund

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4774.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Mar 16, 2017
Sold by
Kilgore Richard T and Kilgore Cynthia A
Bought by
Watts Collen Lee and C L W Revocable Trust
Seller's Agent
Julie Albert
RE/MAX of Stuart
Buyer's Agent
Julie Albert
RE/MAX of Stuart
List Price
$489,800
Sold Price
$480,000
Premium/Discount to List
-$9,800
-2%
Current Estimated Value
$785,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,100
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Jan 15, 2004
Sold by
Kilgore Cynthia A and Kilgore Richard T
Bought by
Kilgore Richard T and Kilgore Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2001
Sold by
Showcase Designer Homes Lc
Bought by
Kilgore Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 20, 2000
Sold by
Esf Oakridge Inc
Bought by
Kilgore Richard T and Kilgore Cynthia A
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
Watts Collen Lee $480,000 Signature Title Florida Part
Kilgore Richard T -- --
Kilgore Cynthia A $333,000 --
Kilgore Richard T $1,087,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kilgore Richard T $132,000
Previous Owner Kilgore Cynthia A $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2017 03/17/17 Sold $480,000 -2.0% $162 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/08/2017 01/08/17 For Sale $489,800 -- $165 / 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 $6,401 $415,399 -- --
2024 $6,280 $403,692 -- --
2023 $6,280 $391,934 $0 $0
2022 $6,056 $380,519 $0 $0
2021 $6,076 $369,436 $0 $0
2020 $5,962 $364,336 $0 $0
2019 $5,891 $356,144 $0 $0
2018 $5,743 $349,503 $0 $0
2017 $4,541 $309,191 $0 $0
2016 $4,774 $302,831 $0 $0
2015 -- $300,726 $0 $0
2014 -- $298,339 $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: M20002906

Martin County REALTORS® of the Treasure Coast

APN: 01-38-40-015-000-01160-0