$1,675,000
SOLD JUL 19, 2022

5004 SW Martin Commons Way Palm City, FL 34990

2 Beds
3 Baths
980 Sq Ft
9.8 Acres

Recently Sold

$1,709 Per Sq Ft

7% Below List Price

39 Days on Market

Highlights

  • Barn
  • Stables
  • RV Access or Parking
  • Citrus Grove Elementary School Rated A-
  • Boarding Facilities
  • Gated Community

About This Home

As of July 2022

This spectacular 10 acre property located in Martin Commons is ready for a Buyer wanting the very best in country living for their horses and other hobbies. Beautifully landscaped with over 40 oaks and other mature vegetation, this fenced and private estate is ready to make your own. Wind your way up your treelined drive to your Kelly and Kelly custom designed 2 bedrm/2 bath country cottage w/ screened front prorch. Through the back breezeway is an oversized 60X50 A/C CBS Garage w/ full bath, perfect for your RVs, boats, toys. Behind is a large storage blding w/office. Three separate barns for 10 horses & five paddocks are on the otherside of a lake w/ fountain & fishing dock. This estate is NOT part of the HOA w/ a 2nd entrance off Citrus Blvd to service the barns. There is a full house generator, RV electric hook up/septic to the right of the house. Looking to build your custom estate home, this property is perfectly laid out w/ space to build w/ views to the lake & the pastures.

Last Agent to Sell the Property

Priscilla Baldwin

Berkshire Hathaway Florida Realty License #568921 Listed on: 04/28/2022

Berkshire Hathaway Florida Realty

Co-Listed By

Joan Rogers

Berkshire Hathaway Florida Realty License #665096

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,882

Year Built

  • Built in 1994

Lot Details

  • 9.8 Acre Lot
  • North Facing Home
  • Fenced
  • Sprinkler System

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 980 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Pond Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Detached Garage
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Boarding Facilities
  • Covered patio or porch
  • Exterior Lighting
  • Shed
  • Outbuilding

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Paddocks
  • Tack Room
  • Hay Storage
  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Purifier
  • Septic Tank
  • Phone Available

Community Details

Recreation

  • Horse Trails

Additional Features

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,882

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Architectural Style: Florida
  • Co List Office Mls Id: 279000060
  • Co List Office Phone: 772-283-2800
  • Directions: W on 714 to South on Citrus. West on Sunshine Farms, South on Sundown, East on Martin Commons. Property at end of road on right
  • Garage Yn: Yes
  • Lot Size Acres: 9.8
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Palm City Farms
  • Year Built: 1994
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Fireplace, High Ceilings, Master Downstairs, Living/Dining Room
  • Living Area: 980.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Fiber Cement, Frame, Concrete
  • Direction Faces: North
  • Exterior Features: Fence, Sprinkler/Irrigation, Lighting, Patio, Room For Pool, Shed, Storm/Security Shutters
  • Other Structures: Outbuilding, Stable(s), Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Roof: Metal
  • View: Pond
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 10.0
  • Parking Features: Boat, Detached, Garage, Other, RV Access/Parking, See Remarks, Garage Door Opener
  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fenced, Gated Community
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Phone Available, Trash Collection, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Horse Trails
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • Horse Amenities: Boarding Facilities, Hay Storage, Other, Pasture, Paddocks, See Remarks, Stable(s), Tack Room, Barn, Horses Allowed
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2882.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jul 19, 2022
Sold by
Brutvan Schneider Heather and Brutvan David W
Bought by
Loaa Ka Lani Llc
Seller's Agent
Priscilla Baldwin
Berkshire Hathaway Florida Realty
List Price
$1,800,000
Sold Price
$1,675,000
Premium/Discount to List
-$125,000
-6.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,423,750
Outstanding Balance
$1,308,202
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$580,901

Purchase Details

Closed on
Jan 4, 2018
Sold by
Bessmer Trust Company and Schneider Heather Brutvan
Bought by
Schneider Heather Brutvan and Brutvan Heather

Purchase Details

Closed on
Sep 1, 2015
Sold by
Heather Brutvan Irrevocable Trust
Bought by
Heather Brutvan Irrevocable Trust and Brutvan Heather

Purchase Details

Closed on
Dec 31, 1998
Sold by
Brutvan Margaretann L
Bought by
Bessemer Trust Company Of Florida T

Purchase Details

Closed on
Dec 23, 1998
Sold by
Brutvan Margaretann L
Bought by
Heather Brutvan Irrevocable Trust and Brutvan Heather

Purchase Details

Closed on
Nov 9, 1993
Bought by
Heather Brutvan Irrevocable Trust and Brutvan Heather
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,675,000 Christopher J Twohey Pa
Interfamily Deed Transfer -- Attorney
Deed $100 --
Warranty Deed $100 --
Deed -- --
Deed $69,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $243,000 New Conventional
Closed $252,220 Construction
Open $1,423,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Price Changed $2,250,000 -10.0% $2,296 / Sq Ft
03/07/2025 03/07/25 For Sale $2,500,000 0.0% $2,551 / Sq Ft
03/06/2025 03/06/25 Off Market $2,500,000 -- --
02/25/2025 02/25/25 Price Changed $2,500,000 -5.7% $2,551 / Sq Ft
12/08/2024 12/08/24 Price Changed $2,650,000 -8.6% $2,704 / Sq Ft
10/26/2024 10/26/24 Price Changed $2,900,000 -17.1% $2,959 / Sq Ft
09/09/2024 09/09/24 For Sale $3,500,000 +109.0% $3,571 / Sq Ft
07/19/2022 07/19/22 Sold $1,675,000 -6.9% $1,709 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $1,800,000 -- $1,837 / 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
2024 $11,744 $504,900 -- --
2023 $11,744 $678,080 $678,080 $318,080
2022 $2,966 $190,074 $0 $0
2021 $2,882 $182,890 $0 $0
2020 $2,762 $185,314 $0 $0
2019 $2,652 $172,887 $0 $0
2018 $2,780 $180,868 $0 $0
2017 $2,446 $185,129 $0 $0
2016 $2,747 $183,579 $0 $0
2015 $2,540 $180,682 $0 $0
2014 $2,540 $176,750 $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: M20034054

Martin County REALTORS® of the Treasure Coast

APN: 22-38-40-000-034-00010-7