NOT LISTED FOR SALE

4975 SW Ludlum St Palm City, FL 34990

Estimated Value: $584,000 - $757,000

3 Beds
2 Baths
1,660 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $260,000 $157 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,906/month

27 Days on Market

Highlights

  • Barn
  • Home fronts a pond
  • Screened Porch
  • South Fork High School Rated A-
  • Cathedral Ceiling
  • Hurricane or Storm Shutters

About This Home

As of April 2012

CBS 3/2 WITH DEN PLUS 4 STALL BARN, WORKSHOP, STORAGE ROOM WITH WASHER & DRYER & OUTDOOR SHOWER, SMALL BARN, PADDOCKS, AND PERIMETER FENCED. BEAUTIFUL OAK TREES AND POND. THE KEY WEST HOME HAS BEEN REMODELED WITH MEXICAN TILE THROUGHOUT, STAINLESS STEEL APPLIANCES, LOTS OF ACCENTS INCLUDING SOME TONGUE & GROOVE CEILINGS. MOVE IN CONDITION WITH SCREENED PORCH & ROOM FOR A POOL. QUIET COUNTRY SETTING ON 3.1 ACRES. WASHER & DRYER IN HOUSE, FREE STANDING FREEZER AND PORTABLE ROUND PEN DO NOT CONVEY.

Last Agent to Sell the Property

Joan Rogers

Berkshire Hathaway Florida Realty License #665096 Listed on: 02/23/2012

Berkshire Hathaway Florida Realty

Co-Listed By

Priscilla Baldwin

Berkshire Hathaway Florida Realty License #568921

Last Buyer's Agent

Ken Duncan

The Keyes Company - Jensen Beach

The Keyes Company - Jensen Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,799

Year Built

  • Built in 1974

Lot Details

  • Home fronts a pond
  • Dirt Road
  • South Facing Home
  • Fenced

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,660 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Shed

Schools

  • Crystal Lake Elementary School
  • South Fork High School

Farming

  • Barn

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,799

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Co List Office Mls Id: 279000060
  • Directions: CITRUS BLVD SOUTH, WEST ON LUDLUM, PROPERTY ON RIGHT.
  • Lot Size: 3.1 ACRES
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Dirt
  • Subdivision Name: PALM CITY FARMS
  • Year Built: 1974
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1660.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Seller Disclosure
  • Exterior Features: Fence, Outdoor Shower, Room For Pool, Shed, Storm/Security Shutters
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • Waterfront Features: Pond
  • Waterfront: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Sewer Available, Septic Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Schools

  • Elementary School: Crystal Lake
  • High School: South Fork

Lot Info

  • Horse Amenities: Barn
  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2799.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2012
Closed on
Apr 17, 2012
Sold by
Chaney Mark V and Chaney Karen G
Bought by
Moline Douglas W and Moline Barbi J
Seller's Agent
Joan Rogers
Berkshire Hathaway Florida Realty
Buyer's Agent
Ken Duncan
The Keyes Company - Jensen Beach
List Price
$272,000
Sold Price
$260,000
Premium/Discount to List
-$12,000
-4.41%
Current Estimated Value
$669,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,729
Avg. Annual Appreciation
7.27%
Original Mortgage
$140,000
Outstanding Balance
$96,927
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$572,802

Purchase Details

Closed on
Dec 11, 2009
Sold by
French Michael W and French Aimee L
Bought by
Chaney Mark and Chaney Karen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2005
Sold by
Doucette Ivan J and Doucette Nancy A
Bought by
French Michael W and French Aimee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1997
Sold by
Flemming Charles M and Flemming Shelah
Bought by
Doucette Ivan J and Doucette Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.92%
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
Moline Douglas W $260,000 Attorney
Chaney Mark $235,000 Attorney
French Michael W $420,000 --
Doucette Ivan J $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moline Douglas W $140,000
Previous Owner Chaney Mark $230,743
Previous Owner French Michael W $336,000
Previous Owner Doucette Ivan J $110,000
Closed French Michael W $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $260,000 -4.4% $157 / Sq Ft
03/20/2012 03/20/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $272,000 -- $164 / 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 $4,390 $289,456 -- --
2024 $4,295 $281,299 -- --
2023 $4,295 $273,106 $0 $0
2022 $4,136 $265,152 $0 $0
2021 $4,138 $257,430 $0 $0
2020 $4,034 $253,876 $0 $0
2019 $2,772 $179,654 $0 $0
2018 $2,788 $181,320 $0 $0
2017 $2,355 $179,790 $0 $0
2016 $2,629 $178,321 $0 $0
2015 -- $171,291 $0 $0
2014 -- $162,982 $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: M362524

Martin County REALTORS® of the Treasure Coast

APN: 03-39-40-000-047-00010-7