NOT LISTED FOR SALE

5061 SW Sunshine Farms Way Palm City, FL 34990

Estimated Value: $902,000 - $996,097

3 Beds
2 Baths
1,998 Sq Ft
$478/Sq Ft Est. Value

Last Sold April 17, 2017

Last sale price $485,000 $243 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,180/month

93 Days on Market

Highlights

  • Lake Front
  • Horses Allowed On Property
  • Home fronts a pond
  • Citrus Grove Elementary School Rated A-
  • Screened Pool
  • Gated Community

About This Home

As of April 2017

Discover love at first sight for this Dream Horse property with 5 stall barn, separate tack & rooms, built in 2013! 5+/- Acres! 80x120 riding arena! 3 pastures and EZ access to multiple riding locations + access roads for driving are paved. You will love the Oak Tree lined long driveway to your Key West style home with front porch, metal roof & dormers! Love at first sight! No association fee! No flood insurance needed! Solid 2x6 high efficiency construction! Easy access to Turnpike & I-95 for commuters + minutes to Downtown Stuart & The Beaches! LED lit riding arena for night riding! Mommy, Daddy can I have a horse? Yes, + cows & all livestock are permitted (chickens, goats, donkey, etc.)! Stocked lake with Bass & Tilapia! Fully fenced + ornamental gated front entrance to???????????????????????????????????????? property!

Last Agent to Sell the Property

Patrick Stracuzzi

RE/MAX Community License #3048544 Listed on: 12/21/2016

RE/MAX Community

Co-Listed By

Patrick Stracuzzi

RE/MAX Community License #3152317

Last Buyer's Agent

Patrick Stracuzzi

RE/MAX Community License #3048544 Listed on: 12/21/2016

RE/MAX Community

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1996

Lot Details

  • Home fronts a pond
  • Lake Front
  • South Facing Home
  • Fenced
  • Sprinkler System

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Florida Architecture
  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Vinyl Pool
  • Spa
  • Pool Liner

Outdoor Features

  • Shed
  • Outbuilding

Schools

  • Citrus Cove Elementary School
  • Hidden Oaks Middle School
  • South Fork High School

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Hay Storage
  • Riding Trail

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener
  • Septic Tank

Community Details

Recreation

  • Horse Trails

Additional Features

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,880

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Architectural Style: Florida, Traditional
  • Co List Office Mls Id: 279001088
  • Co List Office Phone: 772-283-9991
  • Directions: FROM MARTIN DOWNS BLVD GO WEST ON MARTIN HWY(AKA HWY 714) TO SOUTH ON CITRUS TO RIGHT ON SUNSHINE FARMS WAY. ON THE RIGHT.
  • Lot Size: 5+/- Acres
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Palm City Farms
  • Year Built: 1996
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Water Softener, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 1998.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 2
  • Window Features: Metal, Single Hung
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Fence, Sprinkler/Irrigation, Shed
  • Lot Features: Sprinklers Automatic
  • Other Structures: Outbuilding, Shed(s)
  • Pool Features: In Ground, Screen Enclosure, Liner, Vinyl
  • Pool Private: Yes
  • Roof: Metal
  • Waterfront Features: Lake, Pond
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated Community
  • Sewer: Septic Tank
  • Utilities: 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

Schools

  • Elementary School: Citrus Cove
  • High School: South Fork
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Horse Amenities: Hay Storage, Round Pen, Riding Ring, Tack Room, Horses Allowed, Riding Trail
  • Zoning Description: A-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2880.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2017
Sold by
Monte Carol A
Bought by
Monte Carol A and 325 Jupiter Lakes Llc
Total Days on Market
93
Current Estimated Value
$976,575

Purchase Details

Listed on
Dec 21, 2016
Closed on
Apr 17, 2017
Sold by
Brown Larry J and Brown Laura A
Bought by
326 Jupiter Lakes Llc
Seller's Agent
Patrick Stracuzzi
RE/MAX Community
Buyer's Agent
Patrick Stracuzzi
RE/MAX Community
List Price
$539,900
Sold Price
$485,000
Premium/Discount to List
-$54,900
-10.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%

Purchase Details

Closed on
Nov 23, 2011
Sold by
Cox Thomas M and Cox Kathleen A
Bought by
Brown Larry J and Brown Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 1998
Sold by
Barrs John L
Bought by
Brown Larry J and Brown Laura A

Purchase Details

Closed on
Oct 25, 1995
Sold by
Teje Inc
Bought by
Brown Larry J and Brown Laura A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monte Carol A -- Attorney
326 Jupiter Lakes Llc $485,000 Trident Title
Brown Larry J $355,000 Attorney
Brown Larry J $245,000 --
Brown Larry J $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deming Glenn Michael $510,000
Previous Owner Brown Larry J $245,000
Previous Owner Cox Thomas M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2017 04/17/17 Sold $485,000 -10.2% $243 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
12/15/2016 12/15/16 For Sale $539,900 -- $270 / 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 $9,995 $640,431 -- --
2024 $9,825 $622,382 -- --
2023 $9,825 $604,255 $0 $0
2022 $8,163 $483,903 $0 $0
2021 $7,546 $454,370 $240,500 $213,870
2020 $7,970 $438,600 $230,880 $207,720
2019 $7,955 $432,350 $221,260 $211,090
2018 $7,998 $437,610 $240,500 $197,110
2017 $5,169 $346,400 $0 $0
2016 $2,880 $191,403 $0 $0
2015 $2,743 $190,410 $0 $0
2014 $2,743 $189,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Stracuzzi

    Seller's Agent in 2017

    Patrick Stracuzzi

    RE/MAX

    (772) 283-9991

    805 Total Sales

    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20002615

Martin County REALTORS® of the Treasure Coast

APN: 22-38-40-000-015-00010-6

Florida Martin County Palm City 34990

5061 SW Sunshine Farms Way, Palm City, FL

This home is located at 5061 SW Sunshine Farms Way, Palm City, FL 34990 since 21 December 2016 and is currently estimated at $954,774, approximately $477 per square foot. This property was built in 1996. 5061 SW Sunshine Farms Way is a home located in Martin County with nearby schools including Citrus Grove Elementary School, Hidden Oaks Middle School, and South Fork High School.

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.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

Nearby Homes