NOT LISTED FOR SALE

5226 SW Ludlum St Palm City, FL 34990

Estimated Value: $1,078,000

6 Beds
3.5 Baths
4,257 Sq Ft
$253/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $2,625,000 $617 Per Sq Ft

Current estimated payment $5,878/month

3 Days on Market

Highlights

  • Water Views
  • Horses Allowed in Community
  • 871,200 Sq Ft lot
  • South Fork High School Rated A-
  • Saltwater Pool
  • Fruit Trees

About This Home

As of July 2021

Reasonable offers considered. Stunning equestrian facility on 40 acres with owner's residence. This property has every amenity the serious horse person could desire: covered 90' x 225' arena w/viewing area, 2 outdoor arenas, round pen, & Kraft exercise walker. 58 stalls, run-out paddocks, large grass paddocks and turnout pastures. 4Br/2Bth guest/staff house. Club House with meeting rm., dinning area, kitchen, dressing rm. & bath facilities. Tack House w/ 21 lockers for riders & boarders. The property is adjacent to the 290 acre Treasure Coast Wildlife Hospital. Close to downtown Stuart and minutes to the beach! Too many features to list, a must see to appreciate.

Last Agent to Sell the Property

Matt Johnson

EXP Realty LLC License #637253 Listed on: 07/09/2021

EXP Realty LLC

Last Buyer's Agent

Dawn Monette

Florida Sun & Surf Realty License #3434725

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,232

Year Built

  • Built in 1996

Lot Details

  • 20 Acre Lot
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned AGR

Parking

  • 9 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,257 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Single Hung Metal Windows
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Atrium Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Saltwater Pool
  • Pool is Self Cleaning
  • Screen Enclosure

Outdoor Features

  • Deck
  • Patio
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 033940000051000001

Community Details

Overview

  • Palm City Farms Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,232

Year Built

Built in 1996

Lot Details

0

Parking

9

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: MARTIN HIGHWAY, SOUTH ON CITRUS BLVD, RIGHT ON LUDLUM, GATE TO PROPERTY ON LEFT.
  • Year Built: 1996
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Fireplace, Pantry, Split Bedrooms, Skylights, Vaulted Ceiling(s), Walk-In Closet(s), Atrium, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 4257.0
  • Dining Room Type: Atrium, Den, Family Room, Great Room, In-Law Suite, Recreation, Storage Room
  • Stories: 1
  • Window Features: Casement Window(s), Metal, Single Hung, Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Fence, Fruit Trees, Patio, Shed
  • View: Garden, Other, Pool, Water
  • Lot Features: Sprinklers Automatic
  • Pool Features: Cleaning System, Heated, Pool, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Pet on Property, Seller Disclosure
  • Construction Type: Block, Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 9.0
  • Attached Garage: Yes
  • Garage Spaces: 9.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Detached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 033940000051000001
  • Horse Amenities: Horses Allowed
  • Lot Size: 40 ACRES
  • Lot Size Sq Ft: 871200.0
  • Zoning Description: AGR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13232.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 9, 2021
Sold by
Ludium Llc
Bought by
5226 Ludium Farms Llc
Seller's Agent
Matt Johnson
EXP Realty LLC
Buyer's Agent
Dawn Monette
Florida Sun & Surf Realty
List Price
$2,900,000
Sold Price
$2,625,000
Premium/Discount to List
-$275,000
-9.48%
Current Estimated Value
$1,078,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,547,000
Avg. Annual Appreciation
-18.85%

Purchase Details

Closed on
Nov 2, 2011
Sold by
C & D Ranch Inc
Bought by
Ludlum Llc

Purchase Details

Closed on
Jan 27, 1997
Sold by
Loblolly Pines Development Company
Bought by
C & D Ranch Inc

Purchase Details

Closed on
Nov 14, 1995
Sold by
Masssengill Karen L
Bought by
C And D Ranch Inc

Purchase Details

Closed on
May 25, 1994
Bought by
Ludlum Llc

Purchase Details

Closed on
Mar 24, 1994
Bought by
Ludlum Llc
Source: Public Records

Range of Values:

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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
5226 Ludium Farms Llc $2,625,000 Attorney
Ludlum Llc $3,500,000 None Available
C & D Ranch Inc $59,500 --
Loblolly Pines Development Company $100 --
C And D Ranch Inc $69,500 --
Ludlum Llc $100 --
Ludlum Llc $1,232,200 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2021 07/12/21 Sold $2,625,000 -9.5% $617 / Sq Ft
07/09/2021 07/09/21 For Sale $2,900,000 -- $681 / Sq Ft
Source: BeachesMLS

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 $2,156 $89,801 -- --
2024 $15,726 $83,229 -- --
2023 $15,726 $930,750 $0 $0
2022 $15,659 $916,550 $0 $0
2021 $14,613 $821,810 $38,000 $783,810
2020 $13,232 $740,020 $0 $0
2019 $13,577 $750,450 $0 $0
2018 $13,006 $722,660 $0 $0
2017 $20,400 $1,254,880 $0 $0
2016 $18,889 $1,123,040 $0 $0
2015 -- $977,210 $0 $0
2014 -- $1,044,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Matt Johnson

    EXP Realty LLC

    (561) 313-4367

    1 in this area

    121 Total Sales

    Matt Johnson
    Section Image

  • D

    Buyer's Agent in 2021

    Dawn Monette

    Florida Sun & Surf Realty

    (772) 398-0261

    2 in this area

    5 Total Sales

    Dawn Monette
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10730089

BeachesMLS

APN: 03-39-40-000-051-00000-1

Florida Martin County Palm City 34990

5226 SW Ludlum St, Palm City, FL

This home is located at 5226 SW Ludlum St, Palm City, FL 34990 since 09 July 2021 and is currently estimated at $1,078,000, approximately $253 per square foot. This property was built in 1996. 5226 SW Ludlum St is a home located in Martin County with nearby schools including Crystal Lake Elementary School, Dr. David L. Anderson 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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