NOT LISTED FOR SALE

3500 SW Briarbrook Way Palm City, FL 34990

Estimated Value: $312,846

5.2 Acres
$60,163 Price per Acre
226,512 Sq Ft Lot

Last Sold June 02, 2020

Last sale price $158,000

Est. 98% increase in value since last sale

Current estimated payment $2,077/month

354 Days on Market

Highlights

  • Horses Allowed On Property
  • Gated Community
  • 5.2 Acre Lot
  • Citrus Grove Elementary School Rated A-

About This Lot

As of June 2020

Gated Equestrian Community of 5 acre lots with easy access to I-95 and Florida Turnpike. Lot is cleared and ready to build. Pond already included on lot along with building pad and driveway culvert (Significant Time Savings and Value vs. other lots!). 3000 sf minimum A/C required. Three horses per five acres in rear yard. Low HOA dues and near highly rated Palm City schools.

Last Agent to Sell the Property

Alexander Brittian

Palm Hill Realty LLC License #3377551 Listed on: 05/15/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,801

Lot Details

  • 5.2 Acre Lot
  • Property fronts a private road

HOA Fees

  • $100 Monthly HOA Fees

Horse Facilities and Amenities

  • Horses Allowed On Property

Listing and Financial Details

  • Tax Lot 31

Community Details

Overview

  • Association fees include common areas

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,801

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Directions: HWY 714 to Citrus Blvd. Turn South. Meadow Run (Fox Grove) on left.
  • Lot Size Acres: 5.2
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Fox Grove Meadow Run
  • Ownership: Corporation,Fee Simple
  • Special Features: None

Exterior Features

  • Disclosures: Deed Restriction
  • Waterfront: No

Utilities

  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Horse Amenities: Horses Allowed
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1800.56
  • Tax Lot: 31
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2024
Sold by
Gonder Ernest B and Gonder Victoria
Bought by
Chinnery Alexander Gareth and Chinnery Canonica Stubbs
Current Estimated Value
$312,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$176,191
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$136,655

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 1, 2020
Sold by
Hm Property Investments Llc
Bought by
Gonder Ernest B
Seller's Agent
Alexander Brittian
Palm Hill Realty LLC
List Price
$182,900
Sold Price
$158,000
Premium/Discount to List
-$24,900
-13.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.62%
Original Mortgage
$102,700
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2011
Sold by
Fox Grove Farms Llc
Bought by
Hm Property Investments Llc

Purchase Details

Closed on
Apr 3, 2007
Sold by
Fox Grove Development Llc
Bought by
Fox Grove Farms Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
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
Chinnery Alexander Gareth $315,000 Cla Title & Escrow
Gonder Ernest B $158,000 None Available
Hm Property Investments Llc $710,000 --
Fox Grove Farms Llc $2,350,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chinnery Alexander Gareth $250,000
Previous Owner Gonder Ernest B $102,700
Previous Owner Fox Grove Farms Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2020 06/02/20 Sold $158,000 -13.6% --
05/03/2020 05/03/20 Pending -- -- --
05/15/2019 05/15/19 For Sale $182,900 -- --
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 $3,743 $300,000 $300,000 --
2024 $3,500 $185,674 -- --
2023 $3,500 $168,795 $0 $0
2022 $2,740 $153,450 $0 $0
2021 $2,414 $139,500 $139,500 $0
2020 $2,227 $135,000 $135,000 $0
2019 $1,983 $112,500 $112,500 $0
2018 $1,801 $103,500 $103,500 $0
2017 $1,576 $94,500 $94,500 $0
2016 $1,540 $100,000 $100,000 $0
2015 $1,353 $76,500 $76,500 $0
2014 $1,353 $82,410 $82,410 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20017999

Martin County REALTORS® of the Treasure Coast

APN: 47-38-41-002-000-00310-0