NOT LISTED FOR SALE

3800 SW Briarbrook Way Palm City, FL 34990

Estimated Value: $534,226

5.01 Acres
$106,632 Price per Acre
218,236 Sq Ft Lot

Last Sold June 09, 2021

Last sale price $175,000

Est. 205% increase in value since last sale

Current estimated payment $3,354/month

57 Days on Market

Highlights

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

About This Lot

As of June 2021

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: 03/14/2021

Last Buyer's Agent

Alexander Brittian

Palm Hill Realty LLC License #3377551 Listed on: 03/14/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,227

Lot Details

  • 5.01 Acre Lot
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Additional Features

  • Flood Zone Lot
  • Horses Allowed On Property
  • Phone Available

Listing and Financial Details

  • Tax Lot 27

Community Details

Overview

  • Association fees include management, common areas

Security

  • Gated Community

Recreation

  • Boarding Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$2,227

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Directions: HWY 714 to Citrus Blvd. Turn South. Meadow Run (Fox Grove) on left.
  • Lot Size Acres: 5.01
  • 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: Fee Simple
  • Special Features: None

Exterior Features

  • Disclosures: Deed Restriction
  • Lot Features: Flood Zone
  • Waterfront: No

Utilities

  • Utilities: Electricity Available, Phone Available

Condo/Co-op/Association

  • Association Fee: 165.0
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Association Management, Common Areas

Lot Info

  • Development Status: Other
  • Horse Amenities: Boarding Facilities, Horses Allowed
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2226.61
  • Tax Lot: 27
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2021
Closed on
Jun 9, 2021
Sold by
Hm Property Investments Llc
Bought by
Demarco De Marchi Marcelo and De Mello Juilana
Seller's Agent
Alexander Brittian
Palm Hill Realty LLC
Buyer's Agent
Alexander Brittian
Palm Hill Realty LLC
List Price
$182,900
Sold Price
$175,000
Premium/Discount to List
-$7,900
-4.32%
Current Estimated Value
$534,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,226
Avg. Annual Appreciation
29.40%
Original Mortgage
$87,500
Outstanding Balance
$72,894
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$461,332

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
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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
Demarco De Marchi Marcelo $175,000 Attorney
Demarchi Marcelo De Marco $175,000 None Listed On Document
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 Demarchi Marcelo De Marco $87,500
Closed Demarchi Marcelo De Marco $87,500
Previous Owner Fox Grove Farms Llc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $175,000 -4.3% --
05/10/2021 05/10/21 Pending -- -- --
03/14/2021 03/14/21 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 $4,145 $245,569 -- --
2024 $3,867 $223,245 -- --
2023 $3,867 $202,950 $0 $0
2022 $3,070 $184,500 $184,500 $0
2021 $2,371 $135,524 $0 $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

  • A

    Seller's Agent in 2021

    Alexander Brittian

    Palm Hill Realty LLC

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20028346

Martin County REALTORS® of the Treasure Coast

APN: 47-38-41-002-000-00270-0

Florida Martin County Palm City 34990

3800 SW Briarbrook Way, Palm City, FL

This home is located at 3800 SW Briarbrook Way, Palm City, FL 34990 since 14 March 2021 and is currently estimated at $534,226. 3800 SW Briarbrook 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.

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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