Seller's Agent in 2025
Arati Hammond
Keller Williams of the Treasure Coast
(772) 342-5599
89 in this area
146 Total Sales
4989 SW Lake Grove Cir Palm City, FL 34990
5
Beds
3
Baths
2,694
Sq Ft
0.75
Acres
Highlights
- Screened Pool
- Gated Community
- High Ceiling
- Palm City Elementary School Rated A-
- 0.75 Acre Lot
- Screened Porch
About This Home
As of May 2025Welcome to Lake Grove, a gated community where this stunning 5 bedroom, 3 bath home sits on a sprawling 3/4 acre lot with an expansive yard offering endless possibilities for outdoor enjoyment. The fully remodeled kitchen is a dream, featuring an oversized Cambria quartz island, high end JennAir appliances, and raised shaker cabinets. A triple split floor plan provides privacy, with both a living and family room offering plenty of space to gather. All three bathrooms are beautifully updated. Step outside to the spacious screened in patio with pool & spa, ideal for year round relaxation. New roof in 2017, plantation shutters, crown molding & generous closets add to the homes appeal. Lake Grove offers low HOA fees with tennis & basketball courts, fishing dock & a trailer/RV/boat storage lot (small annual fee) Don’t miss this rare chance to own an updated home with incredible outdoor space in one of Palm City's most desirable communities! A rated schools, Easy access to I-95 & FL Turnpike
Last Agent to Sell the Property
Keller Williams of the Treasure Coast Brokerage Phone: 772-419-0400 License #3034537 Listed on: 02/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,690
Year Built
- Built in 1996
Lot Details
- 0.75 Acre Lot
- Sprinkler System
HOA Fees
- $142 Monthly HOA Fees
Home Design
- Frame Construction
- Metal Roof
- Stucco
Interior Spaces
- 2,694 Sq Ft Home
- 1-Story Property
- Bar
- High Ceiling
- Plantation Shutters
- Entrance Foyer
- Formal Dining Room
- Screened Porch
- Hurricane or Storm Shutters
Kitchen
- Breakfast Area or Nook
- Built-In Oven
- Electric Range
- Dishwasher
- Kitchen Island
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
- Dual Sinks
- Bathtub
- Separate Shower
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Pool
- Screened Pool
- Heated 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
- Gas Water Heater
- Water Softener
- Septic Tank
Community Details
Overview
- Association fees include common areas
Recreation
- Tennis Courts
- Community Basketball Court
- Trails
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2025
Closed on
May 29, 2025
Sold by
Mary C Phillips Revocable Trust and Phillips Mary C
Bought by
Colpitts Daniel John and Colpitts Kasey
Seller's Agent
Arati Hammond
Keller Williams of the Treasure Coast
Buyer's Agent
Patti Koedatich
Illustrated Properties LLC (Co
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,815
Avg. Annual Appreciation
-1.53%
Original Mortgage
$618,750
Outstanding Balance
$617,694
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$203,491
Purchase Details
Closed on
Oct 14, 2019
Sold by
Phillips Mary C
Bought by
Phillips Mary C and Mary C Phillips Revocable Trus
Purchase Details
Closed on
Jan 19, 1996
Sold by
United Oranges
Bought by
Phillips Mary C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 2, 1995
Sold by
United Oranges
Bought by
Phillips Mary C
Purchase Details
Closed on
Oct 2, 1992
Bought by
Phillips Mary C
Purchase Details
Closed on
Jan 1, 1901
Bought by
Phillips Mary C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $825,000 | South Florida Title Services I | |
| Interfamily Deed Transfer | -- | Accommodation | |
| Warranty Deed | $39,900 | -- | |
| Deed | $39,900 | -- | |
| Deed | $100 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $618,750 | New Conventional | |
| Previous Owner | $334,000 | New Conventional | |
| Previous Owner | $249,000 | New Conventional | |
| Previous Owner | $262,000 | Unknown | |
| Previous Owner | $30,300 | Small Business Administration | |
| Previous Owner | $135,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $825,000 | -2.9% | $306 / Sq Ft |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- |
| 02/05/2025 02/05/25 | For Sale | $850,000 | -- | $316 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
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 | $5,690 | $370,911 | -- | -- |
| 2024 | $5,579 | $360,458 | -- | -- |
| 2023 | $5,579 | $349,960 | $0 | $0 |
| 2022 | $5,378 | $339,767 | $0 | $0 |
| 2021 | $5,392 | $329,871 | $0 | $0 |
| 2020 | $5,281 | $325,317 | $0 | $0 |
| 2019 | $5,217 | $318,003 | $0 | $0 |
| 2018 | $5,085 | $312,073 | $0 | $0 |
| 2017 | $4,481 | $305,654 | $0 | $0 |
| 2016 | $4,715 | $299,367 | $0 | $0 |
| 2015 | $4,480 | $297,285 | $0 | $0 |
| 2014 | $4,480 | $294,926 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Arati Hammond
-
Patti Koedatich
Buyer's Agent in 2025
Patti Koedatich
Illustrated Properties LLC (Co
(917) 922-9449
5 in this area
77 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20048914
APN: 44-38-41-002-002-00020-2
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.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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