NOT LISTED FOR SALE

2950 SW Stoneybrook Way Palm City, FL 34990

Estimated Value: $534,553

5.94 Acres
$89,967 Price per Acre
258,819 Sq Ft Lot

Last Sold April 10, 2025

Last sale price $550,000

Est. 3% decrease in value since last sale

Current estimated payment $3,465/month

19 Days on Market

Highlights

  • 258,819 Sq Ft lot
  • Citrus Grove Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of April 2025

Cleared oversized lot with 5.94 acres in an equestrian gated community of Meadow Run. Exclusive gated community with 5 acre minimunm lots to build your ideal dream home. Multi million dollar residences already exist, with paved roads and underground utilities. There is a min. of 3,000 sq ft. of living area for residences. Horses are permited, HOA fee is $165. per month. This picturesque piece of land offers the perfect blend of natural beauty, tranquility, and the potential for your perfect home.

Last Agent to Sell the Property

Carol Purcell

Coldwell Banker Realty License #3012043 Listed on: 02/07/2025

Coldwell Banker Realty

Last Buyer's Agent

Stephen Ngo

Illustrated Properties License #3285900

Illustrated Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,532

Lot Details

  • 5.94 Acre Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned AR-5A

HOA Fees

  • $165 Monthly HOA Fees

Community Details

  • Fox Grove (Aka Meadow Run Subdivision

Listing and Financial Details

  • Assessor Parcel Number 473841002000008400
  • Seller Considering Concessions

Property Details

Property Type

Land

Est. Annual Taxes

$5,532

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No

Condo/Co-op/Association

  • Association Fee: 165.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 473841002000008400
  • Development Status: Site Plan Filed
  • Lot Size: 5 to 10 Acres
  • Lot Size Sq Ft: 258819.0
  • Zoning Description: AR-5A

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2025
Closed on
Apr 2, 2025
Sold by
Reedel Kenneth and Reedel Kathleen
Bought by
Davis Jason and Davis Lauren
Seller's Agent
Carol Purcell
Coldwell Banker Realty
Buyer's Agent
Stephen Ngo
Illustrated Properties
List Price
$550,000
Sold Price
$550,000
Views
14
Current Estimated Value
$534,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,447
Avg. Annual Appreciation
-5.76%
Original Mortgage
$350,000
Outstanding Balance
$325,125
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$209,428

Purchase Details

Closed on
Jun 5, 2023
Sold by
Youngs Michael S
Bought by
Reedel Kenneth and Reedel Kathleen

Purchase Details

Closed on
Dec 30, 2021
Sold by
Blp Development Llc
Bought by
Youngs Michael S

Purchase Details

Closed on
Nov 6, 2020
Sold by
Hm Property Investments Llc
Bought by
Blp Development Llc

Purchase Details

Closed on
Mar 4, 2009
Sold by
Anderson William D Jr
Bought by
Hm Property Investments Llc

Purchase Details

Closed on
Dec 12, 2008
Sold by
Frey Philip Jr
Bought by
Hm Property Investments Llc

Purchase Details

Closed on
Dec 10, 2008
Sold by
Tousa Homes Inc
Bought by
Hm Property Investments Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Davis Jason $550,000 None Listed On Document
Reedel Kenneth $399,000 Florida Fidelity Title
Youngs Michael S $370,000 None Listed On Document
Youngs Michael S $370,000 None Listed On Document
Blp Development Llc $1,050,000 Attorney
Hm Property Investments Llc $100 --
Hm Property Investments Llc $3,000,000 --
Hm Property Investments Llc $3,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Jason $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2025 04/10/25 Sold $550,000 0.0% --
02/26/2025 02/26/25 Pending -- -- --
02/07/2025 02/07/25 For Sale $550,000 -- --
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
2025 $5,588 $374,000 -- --
2024 $4,297 $340,000 $340,000 --
2023 $4,297 $225,500 $0 $0
2022 $3,412 $205,000 $205,000 $0
2021 $2,683 $155,000 $155,000 $0
2020 $2,474 $150,000 $150,000 $0
2019 $2,203 $125,000 $125,000 $0
2018 $2,001 $115,000 $115,000 $0
2017 $1,751 $105,000 $105,000 $0
2016 $1,720 $112,500 $112,500 $0
2015 $1,501 $85,000 $85,000 $0
2014 $1,501 $97,710 $97,710 $0
Source: Public Records

Agents Affiliated with this Home

  • Carol Purcell

    Seller's Agent in 2025

    Carol Purcell

    Coldwell Banker Realty

    (561) 876-2511

    1 in this area

    17 Total Sales

    Carol Purcell
    Section Image
  • Stephen Ngo

    Buyer's Agent in 2025

    Stephen Ngo

    Illustrated Properties

    (303) 520-5947

    36 in this area

    94 Total Sales

    Stephen Ngo
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R11060190

BeachesMLS

APN: 47-38-41-002-000-00840-0

Florida Martin County Palm City 34990

2950 SW Stoneybrook Way, Palm City, FL

This home is located at 2950 SW Stoneybrook Way, Palm City, FL 34990 since 07 February 2025 and is currently estimated at $534,553. 2950 SW Stoneybrook Way is a home located in Martin County with nearby schools including Citrus Grove Elementary School, Hidden Oaks Middle School, and South Fork High 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.

Nearby Homes