NOT LISTED FOR SALE

4500 SW Cherokee St Palm City, FL 34990

Estimated Value: $932,000 - $1,363,000

5 Beds
3.5 Baths
3,658 Sq Ft
$333/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $875,000 $239 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,668/month

36 Days on Market

Highlights

  • Horses Allowed in Community
  • Gunite Pool
  • 217,800 Sq Ft lot
  • South Fork High School Rated A-
  • RV Access or Parking
  • Wood Flooring

About This Home

As of September 2021

Large recently remodeled home on 5 Acres. VERY PRIVATE beautiful fenced lot with pond (with big bass) and barn constructed from 100% reclaimed wood. Over 3100 Sq Ft main house plus 500 Sq Ft Guest/Pool House. Located on a paved road in Palm City Farms. The main house has so much to offer with a huge family/dining/entertainment area with a wet bar and a second family room with a real wood fireplace. Two conforming bedrooms on the main level with 2 more multi-use rooms for office/bedrooms. The upstairs large master suite has its own balcony that overlooks the property. Large patio with heated pool. The guesthouse opens to pool/patio and has a living area, bedroom, and bathroom. 3 New A/C units in the last year. 300Mbps high-speed internet. Great place to live!

Last Agent to Sell the Property

Jennifer Stein

Inactive Member License #3372746 Listed on: 07/22/2021

Last Buyer's Agent

Shari Roberts

EXP Realty LLC License #0708745

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 1988

Lot Details

  • 5 Acre Lot

Parking

  • 2 Car Garage
  • Driveway
  • Unpaved Parking
  • RV Access or Parking

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 3,658 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Great Room
  • Family Room
  • Florida or Dining Combination
  • Den
  • Screened Porch
  • Pool Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Pool is Self Cleaning
  • Screen Enclosure

Outdoor Features

  • Balcony
  • Open Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 023940000038000108

Community Details

Overview

  • Palm City Farms Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,641

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Palm City take Martin Hwy to Citrus Blvd. Go south on Citrus to Cherokee St. Turn left (east) on Cherokee st. 4500 SW Cherokee St on the right.
  • Year Built: 1988
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Dual Sinks, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, Pantry, Separate Shower
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 3658.0
  • Dining Room Type: Den, Family Room, Great Room, Laundry
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Enclosed Porch, Patio, Shed
  • View: Pool
  • Pool Features: Cleaning System, Gunite, Heated, Pool, Screen Enclosure
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Frame, Wood Siding
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, RV Access/Parking, Unpaved

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 023940000038000108
  • Horse Amenities: Horses Allowed
  • Lot Size: 5 to <10 Acres
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5641.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 2, 2021
Sold by
Hutcheson Casey James and Hutcheson Cristine Linnea
Bought by
Thompson Daniel and Grieco Briana
Seller's Agent
Jennifer Stein
Inactive Member
Buyer's Agent
Shari Roberts
EXP Realty LLC
List Price
$845,000
Sold Price
$875,000
Premium/Discount to List
$30,000
3.55%
Current Estimated Value
$1,219,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,142
Avg. Annual Appreciation
8.49%
Original Mortgage
$787,500
Outstanding Balance
$715,497
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$503,645

Purchase Details

Listed on
Sep 24, 2015
Closed on
Jan 25, 2016
Sold by
Tatman Tage Andrew and Tatman Ana Paula
Bought by
Hutcheson Casey James and Hutcheson Cristine Linnea
Seller's Agent
Charles Campbell
Purple Cow Realty LLC
List Price
$435,000
Sold Price
$423,000
Premium/Discount to List
-$12,000
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.68%
Original Mortgage
$407,877
Interest Rate
3.99%
Mortgage Type
VA

Purchase Details

Closed on
Sep 12, 2009
Sold by
Kelley Barry T and Kelley Penny
Bought by
American International Relocation Soluti

Purchase Details

Closed on
Sep 9, 2000
Sold by
Svetlik Lloyd K
Bought by
Dempsey Dawn G

Purchase Details

Closed on
Dec 3, 1997
Sold by
Zumpf William and Zumpf Sharon
Bought by
Kelley Barry T and Kelley Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
7.38%
Mortgage Type
New Conventional
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
Thompson Daniel $875,000 Attorney
Hutcheson Casey James $423,000 Attorney
American International Relocation Soluti $415,000 None Available
Dempsey Dawn G $53,500 --
Kelley Barry T $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Daniel $787,500
Previous Owner Hutcheson Casey James $407,877
Previous Owner Kelley Barry T $193,500
Previous Owner Kelley Barry T $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $875,000 +3.6% $239 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $845,000 +99.8% $231 / Sq Ft
01/26/2016 01/26/16 Sold $423,000 -2.8% $116 / Sq Ft View Prior Sale
12/27/2015 12/27/15 Pending -- -- --
09/24/2015 09/24/15 For Sale $435,000 -- $119 / 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 $14,679 $933,745 -- --
2024 $14,445 $907,430 -- --
2023 $14,445 $881,000 $0 $0
2022 $13,958 $855,340 $272,500 $582,840
2021 $6,269 $380,029 $0 $0
2020 $5,641 $345,924 $0 $0
2019 $5,548 $336,731 $0 $0
2018 $5,409 $330,470 $0 $0
2017 $7,044 $457,440 $0 $0
2016 $5,443 $342,198 $0 $0
2015 -- $339,819 $0 $0
2014 -- $337,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jennifer Stein

    Inactive Member

    Section Image

  • S

    Buyer's Agent in 2021

    Shari Roberts

    EXP Realty LLC

    (954) 445-4689

    1 in this area

    40 Total Sales

    Shari Roberts
    Section Image

  • C

    Seller's Agent in 2016

    Charles Campbell

    Purple Cow Realty LLC

    (855) 456-4945

    391 Total Sales

    Charles Campbell
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10732994

BeachesMLS

APN: 02-39-40-000-038-00010-8

Florida Martin County Palm City 34990

4500 SW Cherokee St, Palm City, FL

This home is located at 4500 SW Cherokee St, Palm City, FL 34990 since 22 July 2021 and is currently estimated at $1,219,142, approximately $333 per square foot. This property was built in 1988. 4500 SW Cherokee St is a home located in Martin County with nearby schools including Crystal Lake Elementary School, Dr. David L. Anderson 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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