NOT LISTED FOR SALE

4994 SW Lake Grove Cir Palm City, FL 34990

Estimated Value: $819,000 - $901,000

4 Beds
3 Baths
2,917 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 24, 2017

Last sale price $520,000 $178 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,604/month

164 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Safe Room
  • Palm City Elementary School Rated A-
  • Screened Pool
  • Gated Community

About This Home

As of February 2017

LAKE GROVE ESTATES - 1/2+ ACRE with minimal restrictions and low HOA fees. Exceptionally large covered lanai with full outdoor kitchen, bar and outdoor living room. Home and lanai wired for suround sound and cable TV. True wood burning fireplace, marble floors in main house and wood look tile in 2 guest bedrooms. Nearly 3,000 square ft. under air. 4 bedroom 3 bath home + bonus room. Private setting near all of the community features - walk out dock, gazebo, basket ball, tennis and boat/RV storage. Over 1/2 acre setting with tropical landscape and nightly sunset lake views through the coconut trees. Bring your toys, your large dogs and your truck! 3 of 4 sets of full pocket patio doors open to screened lanai and create perfect flow for indoor/outdoor living. Dream property freshly decorated and move in ready.

Last Agent to Sell the Property

Sarah Pietkivitch

RE/MAX of Stuart License #3136203 Listed on: 08/17/2016

RE/MAX of Stuart

Last Buyer's Agent

Stephen Ngo

Illustrated Properties License #3285900

Illustrated Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,497

Year Built

  • Built in 1994

Lot Details

  • Lake Front
  • Property fronts a private road
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $94 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,917 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Open Floorplan
  • Formal Dining Room
  • Screened Porch
  • Lake Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Garden Bath
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Safe Room
  • Intercom
  • Fire and Smoke Detector

Parking

  • 10 Car Attached Garage
  • Garage Door Opener

Pool

  • Screened Pool
  • Cabana
  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio
  • Outdoor Kitchen
  • Exterior Lighting

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, cable TV

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,497

Year Built

Built in 1994

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Architectural Style: Mediterranean, Ranch
  • Directions: Mapp Rd. North to Roby's Way to Lake Grove.
  • Garage Yn: Yes
  • Lot Size: .6 Acre
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 1
  • Subdivision Name: Lake Grove Estates
  • Year Built: 1994
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Family/Dining Room, Fireplace, Garden Tub/Roman Tub, High Ceilings, Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s), Intercom
  • Living Area: 2917.0
  • Other Equipment: Intercom
  • Stories: 1
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Lighting, Outdoor Kitchen, Patio
  • Lot Features: Lake Front, Trees, Sprinklers Automatic
  • Other Structures: Cabana
  • 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: 10.0
  • Parking Features: Attached, Circular Driveway, Garage, Truck Parking, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Security: Gated Community, Smoke Detector(s), Safe Room Interior
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 94.0
  • Association: Yes
  • Community Features: Basketball Court, Dock, Park, Tennis Court(s), Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5497.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Feb 24, 2017
Sold by
Dube Michael W M and Dube Anne Marie
Bought by
Kashouty Rebih and Yono Noor
Seller's Agent
Sarah Pietkivitch
RE/MAX of Stuart
Buyer's Agent
Stephen Ngo
Illustrated Properties
List Price
$550,000
Sold Price
$520,000
Premium/Discount to List
-$30,000
-5.45%
Current Estimated Value
$865,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,561
Avg. Annual Appreciation
6.06%
Original Mortgage
$416,000
Outstanding Balance
$344,489
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$521,072

Purchase Details

Listed on
Aug 27, 2015
Closed on
Oct 21, 2015
Sold by
Wacker Robert A and Wacker Mary L
Bought by
Dube Michael W M and Dube Anne Marie
Seller's Agent
Sarah Pietkivitch
RE/MAX of Stuart
Buyer's Agent
Sarah Pietkivitch
RE/MAX of Stuart
List Price
$559,900
Sold Price
$520,000
Premium/Discount to List
-$39,900
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$310,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2004
Sold by
Prudential Residential Services Lp
Bought by
Wacker Robert A and Wacker Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 4, 1998
Sold by
Armellini David A and Armellini Patricia E
Bought by
Crotta Lawrence R and Crotta Joy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1994
Sold by
Gribben Edward W
Bought by
Armellini David A and Armellini Patricia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,386
Interest Rate
8.68%

Purchase Details

Closed on
Aug 31, 1993
Sold by
United Oranges
Bought by
Gribben Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682
Interest Rate
7.18%
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
Kashouty Rebih $520,000 Attorney
Dube Michael W M $520,000 Attorney
Wacker Robert A $520,000 First Fidelity Title
Prudential Residential Services Lp $520,000 First Fidelity Title
Crotta Lawrence R $279,900 --
Armellini David A $259,000 --
Gribben Edward W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kashouty Rebih $416,000
Previous Owner Dube Michael W M $310,000
Previous Owner Wacker Robert A $416,000
Previous Owner Gribben Edward W $115,000
Previous Owner Armellini David A $208,386
Previous Owner Gribben Edward W $682
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2017 02/24/17 Sold $520,000 -5.5% $178 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
08/14/2016 08/14/16 For Sale $550,000 +5.8% $189 / Sq Ft
10/15/2015 10/15/15 Sold $520,000 -7.1% $178 / Sq Ft View Prior Sale
09/15/2015 09/15/15 Pending -- -- --
08/23/2015 08/23/15 For Sale $559,900 -- $192 / 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 $11,210 $708,710 $240,000 $468,710
2024 $11,392 $696,340 $696,340 $456,340
2023 $11,392 $698,140 $698,140 $448,140
2022 $9,866 $536,426 $0 $0
2021 $8,830 $487,660 $160,000 $327,660
2020 $8,270 $455,750 $155,000 $300,750
2019 $8,443 $459,940 $155,000 $304,940
2018 $8,097 $443,240 $145,000 $298,240
2017 $7,389 $477,868 $0 $0
2016 $7,582 $468,040 $130,000 $338,040
2015 $5,194 $341,154 $0 $0
2014 $5,194 $338,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Sarah Pietkivitch

    RE/MAX

    Section Image
  • Stephen Ngo

    Buyer's Agent in 2017

    Stephen Ngo

    Illustrated Properties

    (303) 520-5947

    36 in this area

    94 Total Sales

    Stephen Ngo
    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20000543

Martin County REALTORS® of the Treasure Coast

APN: 44-38-41-002-001-00010-6

Florida Martin County Palm City 34990

4994 SW Lake Grove Cir, Palm City, FL

This home is located at 4994 SW Lake Grove Cir, Palm City, FL 34990 since 17 August 2016 and is currently estimated at $865,561, approximately $296 per square foot. This property was built in 1994. 4994 SW Lake Grove Cir is a home located in Martin County with nearby schools including Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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