NOT LISTED FOR SALE

4085 SW Honey Terrace Palm City, FL 34990

Estimated Value: $1,191,000 - $1,477,000

6 Beds
5.5 Baths
3,645 Sq Ft
$380/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $775,000 $213 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $8,653/month

116 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Loft
  • Citrus Grove Elementary School Rated A-
  • Wood Flooring
  • Den

About This Home

As of November 2020

Own your own spa like sanctuary in Palm City Farms. A 5 acre dream property for those looking to enjoy the outdoors and natural native landscaping. Large screened pool area with outdoor kitchen and entertainment area. Updated kitchen with corian countertop, stainless steel appliances and double wall oven. Five bedrooms 4 1/2 bathrooms in the main home Lots of closet space and storage. Separate guest suite over garage. Large industrial shed to hold your toys and equipment. This home is perfect for those looking for a lot of space!

Last Agent to Sell the Property

Kristen Melton

Florida Sun & Surf Realty License #3428084 Listed on: 06/24/2020

Last Buyer's Agent

Heather Hicks

Century 21 All Professional License #3339935

Century 21 All Professional

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,122

Year Built

  • Built in 1978

Lot Details

  • 5 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned 6900

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,645 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Fireplace
  • Family Room
  • Den
  • Loft

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Solar Heated Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Schools

  • Citrus Grove Elementary School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Palm City Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 233840000045000003

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,122

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 714 West over turnpike. Left onto Leighton Farms Rd. Right on Honey Terrace. Property is on the right
  • Year Built: 1978
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Fireplace, Pantry, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Other, Tile, Wood
  • Living Area: 3645.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinkler System
  • Pool Features: Pool, Screen Enclosure, Solar Heat
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage, Golf Cart Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Schools

  • Elementary School: Citrus Grove

Lot Info

  • Parcel #: 233840000045000003
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: 6900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6122.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2022
Sold by
Donovan Joan W
Bought by
Donovan Joan W
Current Estimated Value
$1,399,170

Purchase Details

Listed on
Jun 24, 2020
Closed on
Nov 18, 2020
Sold by
Jimrusti Ingrid K and Ingrid K Jimrusti Revocable Li
Bought by
Donovan Joan W and Bonamarte Jacqueline
Seller's Agent
Kristen Melton
Florida Sun & Surf Realty
Buyer's Agent
Heather Hicks
Century 21 All Professional
List Price
$810,000
Sold Price
$775,000
Premium/Discount to List
-$35,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$495,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2012
Sold by
Jimrusti Ingrid K
Bought by
Jimrusti Ingrid K

Purchase Details

Closed on
Jun 17, 2003
Sold by
Jimrusti Ingrid K
Bought by
Jimrusti Ingrid K

Purchase Details

Closed on
Mar 31, 2003
Sold by
Jimrusti Ingrid K and Ingrid K Jimrusti Revocable Li
Bought by
Jimrusti Ingrid K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.82%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Jean Richard E and Jean Miller
Bought by
Jimrusti Ingrid K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.94%
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
Donovan Joan W -- Baldwin Patricia A
Donovan Joan W $775,000 Fidelity Natl Ttl Of Fl Inc
Jimrusti Ingrid K $100 --
Jimrusti Ingrid K -- --
Jimrusti Ingrid K -- First American Title Ins Co
Jimrusti Ingrid K $280,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donovan Joan W $495,000
Previous Owner Jimrusti Ingrid K $142,000
Previous Owner Jimrusti Ingrid K $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $775,000 -4.3% $213 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $810,000 -- $222 / Sq Ft
Source: BeachesMLS

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 $11,902 $1,311,479 -- --
2024 $11,280 $633,079 -- --
2023 $11,280 $614,223 $0 $0
2022 $10,922 $595,960 $0 $0
2021 $12,096 $643,510 $250,000 $393,510
2020 $7,908 $361,920 $0 $0
2019 $6,122 $297,038 $0 $0
2018 $6,001 $291,557 $0 $0
2017 $4,143 $285,624 $0 $0
2016 $4,383 $279,813 $0 $0
2015 $4,161 $277,680 $0 $0
2014 $4,161 $275,499 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2020

    Kristen Melton

    Florida Sun & Surf Realty

    (772) 398-3232

    4 Total Sales

    Section Image
  • Heather Hicks

    Buyer's Agent in 2020

    Heather Hicks

    Century 21 All Professional

    (561) 385-4196

    33 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10633375

BeachesMLS

APN: 23-38-40-000-045-00000-3

Florida Martin County Palm City 34990

4085 SW Honey Terrace, Palm City, FL

This home is located at 4085 SW Honey Terrace, Palm City, FL 34990 since 24 June 2020 and is currently estimated at $1,384,193, approximately $379 per square foot. This property was built in 1978. 4085 SW Honey Terrace is a home located in Martin County with nearby schools including Citrus Grove Elementary School, Hidden Oaks Middle School, and South Fork High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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