$175,000
SOLD JUN 9, 2021

3800 SW Briarbrook Way Palm City, FL 34990

5 Acres
$34,930 Price per Acre
218,236 Sq Ft Lot

Recently Sold

4% Below List Price

57 Days on Market

Highlights

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

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

Last Buyer's Agent

Alexander Brittian

Palm Hill Realty LLC License #3377551

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%
Total Days on Market
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.97%
Original Mortgage
$87,500
Outstanding Balance
$74,106
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$449,324

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

Map

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 Type Sale Price Title Company
Warranty Deed $175,000 Attorney
Deed $710,000 --
Warranty Deed $2,350,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $87,500 New Conventional
Previous Owner $1,000,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2025 05/15/25 For Sale $549,000 +213.7% --
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

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
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

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