NOT LISTED FOR SALE

4971 SW Lake Grove Cir Palm City, FL 34990

Estimated Value: $867,000 - $908,605

3 Beds
3 Baths
2,738 Sq Ft
$322/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $685,000 $250 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,595/month

11 Days on Market

Highlights

  • Free Form Pool
  • Gated Community
  • Garden View
  • Palm City Elementary School Rated A-
  • 33,889 Sq Ft lot
  • High Ceiling

About This Home

As of March 2021

MOVE IN CONDITION ***CBS POOL HOME in desirable Lake Grove Estates. Beautifully Landscaped on .77 acres. 3 Bedrooms + Den and 3 Full Baths. All tile flooring. Kitchen Remodel in 2020 -NEWER Cabinets, Granite, GE Cafe' Gas/Electric Range, Refrigerator, & Microwave. 2 NEW TRANE A/C units (September 2020). Large, 720 sq. ft. garage with epoxy flooring and custom cabinets. Pool area screened with spacious patio in addition to the covered lanai. Accordion Shutters. New Standing Seam Metal roof with gutters (January 2020). Septic Drain Field replaced in 2019. RV/Boat storage available in community. Close to shopping, restaurants, recreation and the Florida Turnpike and Interstate 95. Come see all this home and the community have to offer.

Last Agent to Sell the Property

Bonnie Meyo

Berkshire Hathaway Florida Realty License #3009972 Listed on: 02/13/2021

Berkshire Hathaway Florida Realty

Co-Listed By

Alfred Marrone

Berkshire Hathaway Florida Realty License #3216103

Last Buyer's Agent

Talbot Sutter

Sutter & Nugent LLC License #3445276

Sutter & Nugent LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 1997

Lot Details

  • 0.78 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned SF-Res

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,738 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Family Room
  • Formal Dining Room
  • Den
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Free Form Pool
  • Gunite Pool
  • Saltwater Pool
  • Screen Enclosure

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 443841002002000505

Community Details

Overview

  • Association fees include common areas
  • Lake Grove Subdivision

Recreation

  • Tennis Courts

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,838

Year Built

Built in 1997

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Martin Hwy (714)- South on Mapp Road - Right on Roby's Way - Right at Lake Grove Estates entrance. Right when you go through gate to #4971 on right.
  • Year Built: 1997
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Dual Sinks, Family/Dining Room, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 2738.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Free Form, Gunite, Heated, Other, Pool, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.0
  • Community Features: Gated, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 443841002002000505
  • Lot Size: 1/2 to < 1 Acre,Treed Lo
  • Lot Size Sq Ft: 33889.0
  • Zoning Description: SF-Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2021
Closed on
Mar 26, 2021
Sold by
Ford Ray L and Ford Roberta E
Bought by
Heck Ryan and Heck Erin
Seller's Agent
Bonnie Meyo
Berkshire Hathaway Florida Realty
Buyer's Agent
Talbot Sutter
Sutter & Nugent LLC
List Price
$699,000
Sold Price
$685,000
Premium/Discount to List
-$14,000
-2%
Current Estimated Value
$882,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,651
Avg. Annual Appreciation
5.69%
Original Mortgage
$548,000
Outstanding Balance
$493,173
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$389,478

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 31, 2020
Sold by
M Richard Kennard Revocable Trust
Bought by
Ford Ray L and Ford Roberta E
Seller's Agent
Tom Baker
The Keyes Company - Jensen Beach
List Price
$675,000
Sold Price
$640,000
Premium/Discount to List
-$35,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.66%

Purchase Details

Closed on
Oct 3, 2016
Sold by
Kennard Marvin Richard and Kennard Pamela Sue
Bought by
Kennard Pamela S and Pamela S Kennard Revocable Trust

Purchase Details

Listed on
Aug 27, 2015
Closed on
Apr 25, 2016
Sold by
Yurdakul Alp
Bought by
Kennard Marvin Richard and Kennard Pamela Sue
Seller's Agent
Alfred Marrone
Berkshire Hathaway Florida Realty
Buyer's Agent
Pamela Kennard
Keller Williams Realty Of The Treasure Coast
List Price
$508,888
Sold Price
$497,500
Premium/Discount to List
-$11,388
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$400,000
Interest Rate
2.79%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 17, 1994
Sold by
United Oranges
Bought by
Yurdakul Alp

Purchase Details

Closed on
Oct 2, 1992
Bought by
Kennard Marvin Richard and Kennard Pamela Sue
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
Heck Ryan $685,000 Florida Ttl & Guarantee Agcy
Ford Ray L $640,000 Florida Title & Guarantee Agen
Kennard Pamela S -- None Available
Kennard Marvin Richard $497,500 Florida Title & Guarantee Ag
Yurdakul Alp $39,900 --
Kennard Marvin Richard $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heck Ryan $548,000
Previous Owner Kennard Marvin Richard $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $685,000 -2.0% $250 / Sq Ft
02/24/2021 02/24/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $699,000 +9.2% $255 / Sq Ft
08/31/2020 08/31/20 Sold $640,000 -5.2% $234 / Sq Ft View Prior Sale
08/01/2020 08/01/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $675,000 +35.7% $247 / Sq Ft
04/25/2016 04/25/16 Sold $497,500 -2.2% $182 / Sq Ft View Prior Sale
03/26/2016 03/26/16 Pending -- -- --
08/27/2015 08/27/15 For Sale $508,888 -- $186 / 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 $9,944 $637,272 -- --
2024 $9,775 $619,312 -- --
2023 $9,775 $601,274 $0 $0
2022 $9,438 $583,762 $0 $0
2021 $8,335 $459,090 $155,000 $304,090
2020 $5,838 $357,197 $0 $0
2019 $5,768 $349,166 $0 $0
2018 $5,623 $342,656 $0 $0
2017 $4,987 $335,608 $0 $0
2016 $6,969 $392,050 $150,000 $242,050
2015 $3,968 $265,840 $0 $0
2014 $3,968 $263,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10692194

BeachesMLS

APN: 44-38-41-002-002-00050-5