NOT LISTED FOR SALE

4500 SW Boatramp Ave Palm City, FL 34990

Estimated Value: $781,000 - $1,108,000

4 Beds
4 Baths
2,802 Sq Ft
$348/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $700,000 $250 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,794/month

32 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Circular Driveway
  • Citrus Grove Elementary School Rated A-
  • Wood Flooring
  • 4 Car Detached Garage

About This Home

As of February 2022

Five Acres of Freedom in Palm City Farms! Ultra-rare opportunity to own land and a home in one of the most desired areas of Martin County. Spanish hacienda style home has very high ceilings and a large loft game room area. The classic kitchen opens onto a screened porch and then a huge pool and patio area with lots of room for entertaining. Across the pool area is a one bedroom one bath guest house with full kitchen and laundry that can be used as income producing. With no HOA you are free to do with your five acres as you will. Current owner planted hundreds of Silver Palms so as to get the agricultural discount. Located less than 5 minutes from I95 or the Turnpike it is mere minutes from downtown Palm City with great restaurants and a short drive into Stuart and to the Beaches!

Last Agent to Sell the Property

Scott McAllister

Atlantic Shores ERA Powered License #3286234 Listed on: 12/27/2021

Co-Listed By

Laura McAllister

Atlantic Shores ERA Powered License #3283137

Last Buyer's Agent

Scott McAllister

Atlantic Shores ERA Powered License #3286234 Listed on: 12/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1957

Lot Details

  • 4.8 Acre Lot
  • Property is zoned Ag

Parking

  • 4 Car Detached Garage
  • Circular Driveway
  • Guest Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Family Room
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Separate Shower in Primary Bathroom

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Palm City Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 213840000048000001

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,127

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 to Martin Hwy (714) east to Boatramp south to 4500
  • Year Built: 1957
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Living Area: 2802.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Detached, Garage, Guest, Two or More Spaces

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 213840000048000001
  • Lot Size: 4 to < 5 Acres
  • Lot Size Sq Ft: 209088.0
  • Zoning Description: Ag
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4127.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Feb 28, 2022
Sold by
Rafoss Richard J and Rafoss Kimberly S
Bought by
Gregory Peter Wynn and Gregory Nikki Nilgun
Seller's Agent
Scott McAllister
Atlantic Shores ERA Powered
Buyer's Agent
Scott McAllister
Atlantic Shores ERA Powered
List Price
$775,000
Sold Price
$700,000
Premium/Discount to List
-$75,000
-9.68%
Current Estimated Value
$974,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,331
Avg. Annual Appreciation
10.72%

Purchase Details

Closed on
Sep 14, 2011
Sold by
Kondaur Capital Corporation
Bought by
Rafoss Richard J and Rafoss Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2010
Sold by
Aniello Katherine Woods
Bought by
Kondaur Capital Corporation

Purchase Details

Closed on
Apr 10, 2006
Sold by
Murphy Wilette and Murphy Lawrence
Bought by
Aniello Katherine Woods

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
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
Gregory Peter Wynn $700,000 New Title Company Name
Rafoss Richard J $231,800 First International Title In
Kondaur Capital Corporation $474,700 Fidelity National Title
Aniello Katherine Woods $610,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafoss Richard J $35,000
Previous Owner Rafoss Richard J $134,800
Previous Owner Aniello Katherine Woods $457,500
Previous Owner Murphy Lawrence $50,000
Previous Owner Murphy Wilette $200,000
Previous Owner Murphy Lawrence E $10,000
Previous Owner Murphy Lawrence E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $700,000 -9.7% $250 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $775,000 -- $277 / 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 $5,817 $378,929 -- --
2024 $5,704 $368,179 -- --
2023 $5,704 $357,482 $0 $0
2022 $4,190 $266,734 $0 $0
2021 $4,127 $256,807 $0 $0
2020 $4,344 $271,606 $0 $0
2019 $3,811 $238,460 $0 $0
2018 $3,416 $217,036 $0 $0
2017 $2,065 $162,610 $0 $0
2016 $2,335 $159,352 $0 $0
2015 $2,210 $157,902 $0 $0
2014 $2,210 $156,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10766548

BeachesMLS

APN: 21-38-40-000-048-00000-1