NOT LISTED FOR SALE

4970 SW Lake Grove Cir Palm City, FL 34990

Estimated Value: $752,601 - $832,000

3 Beds
3 Baths
2,596 Sq Ft
$301/Sq Ft Est. Value

Last Sold August 18, 2020

Last sale price $502,500 $194 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,062/month

Highlights

  • Lake Front
  • Screened Pool
  • 0.53 Acre Lot
  • Palm City Elementary School Rated A-
  • Gated Community
  • Traditional Architecture

About This Home

As of August 2020

Perfectly situated with a wide lake vista in the gated Palm City enclave of Lake Grove, this residence provides a balance of both indoor and outdoor serenity. Inside, the split, open floor plan caters to the modern lifestyle, with wood accent wall as a focal point. Multiple living and dining spaces are convertible to your specifications. In addition to the 3 bedroom count, a fourth room can serve as a dedicated office or supplemental bedroom. Master suite offers two closets and generous spa-like bath with separate tub. Ample kitchen with stainless appliances allows for entertaining. Cabana bath leads to the outside screened patio area. Speaking of the outdoors, large covered patio lends itself to many happy days poolside. Half acre-plus lot sits directly on lake framed by a grand Royal Ponciana tree and a sweeping front and backyard. Lake Grove also offers onsite RV/Trailer/Vehicle storage for $100 a year! A-rated schools, highways, and Downtown Stuart all within reach.

Last Agent to Sell the Property

Stephen Ngo

Illustrated Properties License #3285900 Listed on: 07/01/2020

Illustrated Properties

Last Buyer's Agent

JPaul Moore

Engel & Volkers Stuart License #3363809

Engel & Volkers Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,459

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,596 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Overview

  • Association fees include common areas

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,459

Year Built

Built in 1999

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Lot Size Acres: 0.53
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Lake Grove
  • Year Built: 1999
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Eat-in Kitchen, High Ceilings, Master Downstairs, Living/Dining Room, Split Bedrooms
  • Living Area: 2596.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Lot Features: Irregular Lot, Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: Concrete, In Ground, Screen Enclosure
  • Pool Private: Yes
  • Roof: Concrete, Tile
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association: Yes
  • Community Features: Street Lights, Sidewalks, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6459.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Aug 18, 2020
Sold by
Smith Gregory and Smith Shannon
Bought by
Zinn Steven C and Zinn Devon N
Seller's Agent
Stephen Ngo
Illustrated Properties
Buyer's Agent
JPaul Moore
Engel & Volkers Stuart
List Price
$515,000
Sold Price
$502,500
Premium/Discount to List
-$12,500
-2.43%
Current Estimated Value
$780,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,400
Avg. Annual Appreciation
8.88%
Original Mortgage
$376,875
Outstanding Balance
$334,315
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$446,585

Purchase Details

Listed on
Apr 26, 2016
Closed on
Jul 22, 2016
Sold by
Kurtz Martin and Kurtz Courtney
Bought by
Smith Gregory and Smith Shannon
Seller's Agent
Susan Maxwell
RE/MAX of Stuart - Palm City
Buyer's Agent
Stephen Ngo
Illustrated Properties
List Price
$519,900
Sold Price
$475,000
Premium/Discount to List
-$44,900
-8.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$451,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 9, 2014
Closed on
May 8, 2015
Sold by
Dill Dennis M and Dill Daniela
Bought by
Kurtz Martin and Kurtz Courtney
Seller's Agent
Arati Hammond
Keller Williams of the Treasure Coast
Buyer's Agent
Susan Maxwell
RE/MAX of Stuart - Palm City
List Price
$440,000
Sold Price
$432,500
Premium/Discount to List
-$7,500
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$410,875
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 1999
Sold by
Wenz David W and Wenz Georgene F
Bought by
Dill Dennis M and Dill Daniela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,360
Interest Rate
6.72%
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
Zinn Steven C $502,500 Starfish Title Agency Llc
Smith Gregory $475,000 None Available
Kurtz Martin $432,500 Attorney
Dill Dennis M $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zinn Steven C $376,875
Previous Owner Smith Gregory $451,250
Previous Owner Kurtz Martin $410,875
Previous Owner Dill Dennis M $179,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2020 08/18/20 Sold $502,500 -2.4% $194 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $515,000 +8.4% $198 / Sq Ft
07/26/2016 07/26/16 Sold $475,000 -8.6% $183 / Sq Ft View Prior Sale
06/26/2016 06/26/16 Pending -- -- --
04/26/2016 04/26/16 For Sale $519,900 +20.2% $200 / Sq Ft
05/08/2015 05/08/15 Sold $432,500 -1.7% $167 / Sq Ft View Prior Sale
04/08/2015 04/08/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $440,000 -- $169 / 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 $10,005 $620,910 $240,000 $380,910
2024 $9,589 $565,660 -- --
2023 $9,589 $514,237 $0 $0
2022 $8,702 $467,489 $0 $0
2021 $7,745 $424,990 $160,000 $264,990
2020 $6,537 $397,243 $0 $0
2019 $6,459 $388,312 $0 $0
2018 $6,298 $381,072 $0 $0
2017 $5,622 $373,234 $0 $0
2016 $5,782 $362,100 $130,000 $232,100
2015 $4,395 $292,073 $0 $0
2014 $4,395 $289,755 $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: M20024439

Martin County REALTORS® of the Treasure Coast

APN: 44-38-41-002-001-00050-7