NOT LISTED FOR SALE

5328 SW Coral Tree Ln Palm City, FL 34990

Estimated Value: $902,000 - $971,000

5 Beds
3 Baths
3,336 Sq Ft
$280/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $975,000 $292 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,225/month

Highlights

  • Solar Heated In Ground Pool
  • Gated Community
  • Fruit Trees
  • Palm City Elementary School Rated A-
  • 0.53 Acre Lot
  • Cathedral Ceiling

About This Home

As of August 2022

5/3/2,+office in the gated community of Orchid Bay! This beautiful pool home sits on more than a 1/2 Acre lot in Palm City. It features a Triple split floor plan with vaulted ceilings and an open concept living space. The "Eat in" kitchen features a Granite peninsula, perfect for entertaining, SS appliances, and white cabinetry. The kitchen overlooks the Family room w/ a custom quartz bar and Wine Fridge. Home Office, formal dining room, and a Spacious Entertaining room, opening to the patio and pool/spa. Featuring custom plantation shutters throughout. The floors are tile, wood and new carpet in the Master suite. Oversized Laundry room, This attractively landscaped property offers complete privacy, Fruit Trees , 2 A/C units (2018), Whole house gas generator. The side entry garage opens to an extended driveway and has ample parking. Come see this meticulously maintained home, as it does not disappoint.

Last Agent to Sell the Property

Kelley Anthony Van Toor

Fulton Grace Realty License #3400341 Listed on: 05/13/2022

Fulton Grace Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,106

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Property fronts a private road
  • East Facing Home
  • Sprinkler System
  • Fruit Trees

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,336 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Arched Windows
  • Formal Dining Room
  • Open Floorplan
  • Screened Porch

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Driveway
  • 1 to 5 Parking Spaces

Pool

  • Solar Heated In Ground Pool
  • Spa

Outdoor Features

  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Power Generator
  • Well
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas
  • Association Phone (772) 286-0030

Recreation

  • Tennis Courts
  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,106

Year Built

Built in 1999

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Directions: SW Martin Hwy to SW Mapp Rd., Use Orchid Bay Entrance off of Captains Creek Way, then Left onto SW Coral Tree Ln. Home is on the Right. Gated Entry.
  • Garage Yn: Yes
  • Lot Size Acres: 0.529
  • 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: Orchid Bay
  • Year Built: 1999
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Wood
  • Furnished: Furnished Or Unfurnished
  • Interior Amenities: Cathedral Ceiling(s), Separate/Formal Dining Room, High Ceilings, Kitchen/Dining Combo, Master Downstairs, Living/Dining Room, Split Bedrooms, Bar
  • Living Area: 3336.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 1
  • Window Features: Arched, Plantation Shutters
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Fruit Trees, Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: Heated, In Ground, Solar Heat
  • Pool Private: Yes
  • Roof: Barrel
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Rear/Side/Off Street, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Electric: 110 Volts, Generator, 220 Volts
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Trash Collection, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 182.0
  • Phone: 772-286-0030
  • Association: Yes
  • Community Features: Park, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 9106.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2022
Closed on
Aug 1, 2022
Sold by
Mikel C Spraker Revocable Trust
Bought by
Walsh Paula and Walsh Lester
Seller's Agent
Kelley Anthony Van Toor
Fulton Grace Realty
List Price
$1,050,000
Sold Price
$975,000
Premium/Discount to List
-$75,000
-7.14%
Current Estimated Value
$935,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,272
Avg. Annual Appreciation
-1.27%
Original Mortgage
$775,200
Outstanding Balance
$742,861
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$192,867

Purchase Details

Closed on
Jul 6, 2020
Sold by
Mikel Craig Spraker Llc
Bought by
The Mikel C Spraker Revocable Trust

Purchase Details

Closed on
Dec 20, 2017
Sold by
Zweben Enterprises Inc
Bought by
Mikel Craig Spraker Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$419,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 11, 2016
Sold by
Zweben Gene R and Zweben Tara A
Bought by
Zweben Enterprises Inc
Seller's Agent
Sara Crombie
Compass Florida LLC

Purchase Details

Closed on
Jun 5, 2013
Sold by
Zweben Gene R and Zweben Tara A
Bought by
Zweben Gene R and Zweben Tara A

Purchase Details

Closed on
May 5, 1998
Sold by
Tartan Land Company
Bought by
Zweben Gene R and Zweben Tara A
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
Walsh Paula $975,000 Patch Reef Title
Walsh Paula $975,000 Patch Reef Title
The Mikel C Spraker Revocable Trust -- None Available
Mikel Craig Spraker Llc $535,000 None Available
Zweben Enterprises Inc -- None Available
Zweben Gene R -- Attorney
Zweben Gene R $31,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walsh Paula $775,200
Closed Walsh Paula $775,200
Previous Owner Mikel Craig Spraker Llc $419,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2022 08/02/22 Sold $975,000 -7.1% $292 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/10/2022 06/10/22 For Sale $1,050,000 0.0% $315 / Sq Ft
06/04/2022 06/04/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $1,050,000 0.0% $315 / Sq Ft
06/21/2016 06/21/16 Rented -- -- --
05/22/2016 05/22/16 Under Contract -- -- --
04/19/2016 04/19/16 For Rent $4,500 -- --
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 $13,148 $802,200 $290,000 $512,200
2024 $12,935 $814,225 -- --
2023 $12,935 $790,510 $790,510 $485,510
2022 $9,783 $517,473 $0 $0
2021 $9,106 $470,430 $150,000 $320,430
2020 $8,445 $432,860 $135,000 $297,860
2019 $8,874 $451,840 $135,000 $316,840
2018 $7,856 $447,140 $135,000 $312,140
2017 $7,265 $430,240 $140,000 $290,240
2016 $5,189 $327,218 $0 $0
2015 $4,930 $324,943 $0 $0
2014 $4,930 $322,364 $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: M20034375

Martin County REALTORS® of the Treasure Coast

APN: 43-38-41-002-000-01010-8