NOT LISTED FOR SALE

4036 SW Honey Terrace Palm City, FL 34990

Estimated Value: $975,000 - $1,617,000

3 Beds
3.5 Baths
2,484 Sq Ft
$490/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $460,000 $185 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $7,137/month

53 Days on Market

Highlights

  • Guest House
  • Barn
  • Screened Porch
  • Citrus Grove Elementary School Rated A-
  • Fruit Trees
  • Formal Dining Room

About This Home

As of September 2015

Enjoy the privacy in this beautiful 3/3.5/2 CBS home on 5 acres! Kitchen has all new SS appliances, new cabinets, and new wood & travertine floors. All bathrooms have new shower doors, new plumbing fixtures, new paddle fans, mahogany front door, new wireless security system with key pads at each door, new AC, new water heater, and new RV covered spot with electrical. In addition, there are a separate apartment and office in the rear for extra living space or guests. The barn needs work, but can be 6 stalls. The property is high and dry! There are 3 fenced areas for horses with water. Plenty of fruit trees. Must see!

Last Agent to Sell the Property

Theresa Zainc

Berkshire Hathaway Florida Realty License #3161481 Listed on: 07/10/2015

Berkshire Hathaway Florida Realty

Last Buyer's Agent

Sandy Burton

Water Pointe Realty Group License #3023784

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,729

Year Built

  • Built in 1995

Lot Details

  • Dirt Road
  • Fenced
  • Fruit Trees

Home Design

  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,484 Sq Ft Home
  • Ceiling Fan
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Laundry Tub

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Additional Features

  • Shed
  • Guest House
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,729

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: Martin Hwy, Left on Leighton Farms Rd, Right on Honey Terrace
  • Garage Yn: Yes
  • Lot Size: 5 Acres
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Dirt
  • Subdivision Name: PALM CITY FARMS
  • Year Built: 1995
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Separate/Formal Dining Room, Entrance Foyer, Pantry
  • Living Area: 2484.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Fence, Fruit Trees, Room For Pool, Shed, Storm/Security Shutters
  • Other Structures: Guest House, Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Barrel
  • 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, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System Leased, Security System Owned, Smoke Detector(s)
  • 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

Lot Info

  • Horse Amenities: Barn
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2729.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2019
Sold by
Castro Mayra Alejandra and Zamudio Mayra
Bought by
Zamudio Jose
Current Estimated Value
$1,185,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Outstanding Balance
$439,030
Interest Rate
6.68%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$758,009

Purchase Details

Listed on
Jul 10, 2015
Closed on
Sep 30, 2015
Sold by
Heaton Daniel E and Heaton Linda
Bought by
Zamudio Jose and Zamudio Mayra
Seller's Agent
Theresa Zainc
Berkshire Hathaway Florida Realty
Buyer's Agent
Sandy Burton
Water Pointe Realty Group
List Price
$499,999
Sold Price
$460,000
Premium/Discount to List
-$39,999
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$414,000
Interest Rate
3.88%

Purchase Details

Closed on
Nov 1, 1983
Bought by
Zamudio Jose and Zamudio Mayra
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
Zamudio Jose $195,000 South Florida Title Svcs Inc
Zamudio Jose $460,000 Attorney
Zamudio Jose $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zamudio Jose $478,400
Previous Owner Zamudio Jose $414,000
Previous Owner Heaton Daniel E $295,000
Previous Owner Heaton Daniel E $100,000
Previous Owner Heaton Daniel E $220,000
Previous Owner Heaton Daniel $175,000
Previous Owner Heaton Daniel E $100,000
Previous Owner Heaton Daniel E $174,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $460,000 -8.0% $185 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $499,999 -- $201 / 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 $7,769 $422,418 -- --
2024 $7,591 $408,558 -- --
2023 $7,591 $392,550 $0 $0
2022 $7,294 $377,383 $0 $0
2021 $7,270 $363,001 $0 $0
2020 $7,060 $354,125 $0 $0
2019 $6,959 $344,390 $0 $0
2018 $6,051 $294,433 $0 $0
2017 $4,227 $290,604 $0 $0
2016 $6,270 $390,830 $0 $0
2015 $2,620 $183,097 $0 $0
2014 $2,620 $181,643 $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: M383045

Martin County REALTORS® of the Treasure Coast

APN: 23-38-40-000-051-00010-9