NOT LISTED FOR SALE

2530 SW Boatramp Ave Palm City, FL 34990

Estimated Value: $1,533,000 - $3,104,000

5 Beds
6 Baths
5,969 Sq Ft
$345/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $905,000 $152 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $11,963/month

Highlights

  • Screened Pool
  • Florida Architecture
  • Main Floor Primary Bedroom
  • Citrus Grove Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2018

*BARN/WAREHOUSE BEING TORN DOWN. Photos previously taken before damage.* Palm City Farms Estate Home on 5 Acres! Brand New and NEVER LIVED IN! Bring the entire family and the Horses to this Large 5 ( Possible 6) Bedroom home with 6000 square feet under air! Built in 2007 but never lived in, this home is perfect for a large family wanting not only a large home but acreage. Just the cost to build the house in todays market far exceeds the listing price WITHOUT THE LAND! Don't miss your opportunity to capitalize on a great property. A rated Schools for the kids.

Last Agent to Sell the Property

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347 Listed on: 06/09/2018

Keller Williams of the Treasure Coast

Last Buyer's Agent

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347 Listed on: 06/09/2018

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,964

Year Built

  • Built in 2007

Lot Details

  • 4.86

Parking

  • 3 Car Attached Garage

Home Design

  • Florida Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,969 Sq Ft Home
  • 3-Story Property
  • Impact Glass

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main

Pool

  • Screened Pool
  • Concrete Pool
  • In Ground Pool
  • Fence Around Pool

Schools

  • Citrus Elementary School
  • Hidden Oaks Middle School
  • South Fork High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,964

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Architectural Style: Florida
  • Garage Yn: Yes
  • Lot Size: 4.98 ACRES
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 3
  • Subdivision Name: PALM CITY FARMS
  • Year Built: 2007
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Master Downstairs
  • Living Area: 5969.0
  • Stories: 3
  • Window Features: Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Disclosures: None
  • Pool Features: Concrete, Fenced, In Ground, Screen Enclosure
  • Pool Private: Yes
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Citrus
  • High School: South Fork
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 18964.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Jul 19, 2018
Sold by
Frey Philip
Bought by
Harris David W and Harris Teresa L
Seller's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
Buyer's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
List Price
$979,000
Sold Price
$905,000
Premium/Discount to List
-$74,000
-7.56%
Current Estimated Value
$2,061,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,156,680
Avg. Annual Appreciation
11.99%
Original Mortgage
$724,000
Outstanding Balance
$610,802
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,450,878

Purchase Details

Closed on
Sep 16, 2014
Sold by
Gropp Terry A and Gropp Hillary
Bought by
Frey Philip J and Frey Living Trust

Purchase Details

Closed on
Jul 11, 2003
Sold by
Giordano Regina H and Freeman Willia
Bought by
Frey Philip Jr
Source: Public Records

Range of Values:

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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
Harris David W $905,000 Attorney
Frey Philip J $19,552 None Available
Frey Philip Jr $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris David W $724,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2018 07/19/18 Sold $905,000 -7.6% $152 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $979,000 -- $164 / 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 $13,801 $977,433 -- --
2024 $13,801 $949,887 -- --
2023 $13,801 $842,405 $0 $0
2022 $13,334 $817,869 $0 $0
2021 $13,425 $794,048 $0 $0
2020 $13,272 $783,085 $0 $0
2019 $13,125 $765,480 $0 $0
2018 $19,961 $1,118,450 $189,240 $929,210
2017 $18,655 $1,104,760 $199,200 $905,560
2016 $21,027 $1,219,040 $169,320 $1,049,720
2015 $4,374 $1,201,990 $139,440 $1,062,550
2014 $4,374 $248,900 $139,440 $109,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20012204

Martin County REALTORS® of the Treasure Coast

APN: 16-38-40-000-000-00013-0