NOT LISTED FOR SALE

3956 SW Honey Terrace Palm City, FL 34990

Estimated Value: $922,000 - $1,311,564

4 Beds
3.5 Baths
3,735 Sq Ft
$320/Sq Ft Est. Value

Last Sold June 17, 2015

Last sale price $431,500 $116 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $7,356/month

188 Days on Market

Highlights

  • Barn
  • In Ground Pool
  • Ranch Style House
  • Citrus Grove Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of June 2015

Wonderful equestrian property on five acres with assumable FHA mortgage. Perfect for children and horses. Hardwood floors give this home a warm, contemporary charm. Four spacious bedrooms, den, 3.5 baths and plenty of windows to enjoy views. Spacious kitchen open to living area, center island. Family fun room, stone fireplace, oversized deck. Large swimming pool, lush landscaping. Newer five stall barn each with their own turn-out, metal roof, custom aluminum drop downs with feed doors, hay loft, tack room and wash rack. Water & electric. Arena on the property. Horses boarded bringing income. Pond on the property with a beautiful fountain water feature and cypress trees. Fenced and gated property. Agg. Easy access to both Tpke and I95

Last Agent to Sell the Property

Glenn Schmidt

RE/MAX of Stuart License #3077155 Listed on: 11/18/2014

RE/MAX of Stuart

Co-Listed By

Christine Brady

RE/MAX of Stuart License #3256642

Last Buyer's Agent

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1973

Lot Details

  • Property fronts a private road
  • North Facing Home
  • Landscaped with Trees

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • 3,735 Sq Ft Home
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Outdoor Features

  • In Ground Pool
  • Deck

Schools

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

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,748

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Co List Office Mls Id: 279000150
  • Directions: SR 714 LEFT ON LEIGHTON FARMS, RIGHT ON HONEY TERRACE TO 3rd DRIVE ONLEFT
  • Garage Yn: Yes
  • Lot Size: 217800
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: PALM CITY FARMS
  • Year Built: 1973
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Breakfast Bar, Fireplace, Living/Dining Room, Split Bedrooms
  • Living Area: 3735.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Direction Faces: North
  • Exterior Features: Deck
  • Lot Features: Trees
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Other
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Sewer Available, Septic Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Schools

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

Lot Info

  • Horse Amenities: Barn
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2748.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2014
Closed on
Jun 17, 2015
Sold by
Jaudeau Jean Yves Guy and Granieri Jaudeau Julie
Bought by
Vander Werf Karie A
Seller's Agent
Glenn Schmidt
RE/MAX of Stuart
Buyer's Agent
NON MEMBER
List Price
$479,700
Sold Price
$431,500
Premium/Discount to List
-$48,200
-10.05%
Current Estimated Value
$1,194,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,391
Avg. Annual Appreciation
10.71%
Original Mortgage
$345,200
Outstanding Balance
$270,105
Interest Rate
3.88%
Estimated Equity
$948,911

Purchase Details

Closed on
Aug 18, 2011
Sold by
Tobin Isaac N and Wingfield Sara K
Bought by
Jaudeau Jean Yves Guy and Granieri Jaudeau Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,522
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2009
Sold by
Anderson Karl H and Anderson Beckie S
Bought by
Tobin Issac N and Wingfield Sara K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,562
Interest Rate
5.18%

Purchase Details

Closed on
Jun 11, 2002
Sold by
Walden Peter W and Walden Jayne
Bought by
Anderson Karl H and Anderson Beckie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.77%

Purchase Details

Closed on
Jul 16, 1999
Sold by
Schoch R N and Schoch Judy W
Bought by
Walden Peter W and Walden Jayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.43%

Purchase Details

Closed on
Aug 2, 1996
Sold by
Matthews David C and Pratzner Claire L
Bought by
Schoch R Norman and Schoch Judy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,475
Interest Rate
8.26%
Source: Public Records

Range of Values:

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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
Vander Werf Karie A $431,500 Attorney
Jaudeau Jean Yves Guy $369,900 Attorney
Tobin Issac N $400,000 First International Title In
Anderson Karl H $385,000 First American Title Ins Co
Walden Peter W $195,000 --
Schoch R Norman $100 --
Schoch R Norman $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vander Werf Karie A $345,200
Previous Owner Jaudeau Jean Yves Guy $360,522
Previous Owner Tobin Issac N $381,562
Previous Owner Anderson Karl H $103,900
Previous Owner Anderson Karl H $30,000
Previous Owner Anderson Karl H $308,000
Previous Owner Schoch R Norman $25,000
Previous Owner Schoch R Norman $143,475
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2015 06/17/15 Sold $431,500 -10.0% $116 / Sq Ft
05/18/2015 05/18/15 Pending -- -- --
11/11/2014 11/11/14 For Sale $479,700 -- $128 / 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 $10,152 $570,361 -- --
2024 $9,997 $554,287 -- --
2023 $9,997 $538,143 $0 $0
2022 $9,694 $522,469 $0 $0
2021 $8,287 $423,453 $0 $0
2020 $8,736 $450,125 $0 $0
2019 $8,649 $440,005 $0 $0
2018 $8,465 $431,801 $0 $0
2017 $6,461 $422,920 $200,000 $222,920
2016 $6,848 $384,950 $170,000 $214,950
2015 $2,674 $168,530 $0 $0
2014 $2,674 $184,946 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M379135

Martin County REALTORS® of the Treasure Coast

APN: 23-38-40-000-051-00000-1