NOT LISTED FOR SALE

5506 SW Ludlum St Palm City, FL 34990

Estimated Value: $898,000 - $1,176,000

3 Beds
2 Baths
2,180 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $860,000 $394 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,489/month

Highlights

  • Barn
  • Stables
  • Home fronts a pond
  • South Fork High School Rated A-
  • Screened Pool
  • 5 Acre Lot

About This Home

As of October 2023

Calling all horse lovers or anyone looking to be surrounded by spacious 5-acre grounds. This fully fenced equestrian paradise is
equipped with a 5-stall barn and an additional
separate 3-stall barn, a spacious tool/feed shed
with half bath, and a full-sized dressage arena.
The custom 3/2/2 pool home features an open
country style kitchen, large great room, a
library/den which can be used as a formal dining
room, large covered front porch, 2 screened in
patios and an open air wooden deck. Located minutes from I-95 and Florida's Turnpike.

Last Agent to Sell the Property

Heather Arbucci

Water Pointe Realty Group License #3246556 Listed on: 05/24/2023

Co-Listed By

Marissa Corbo

Treasure Coast Management Spec License #3057771

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,069

Year Built

  • Built in 1992

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 329 x 651
  • Home fronts a pond
  • Dirt Road
  • South Facing Home
  • Fenced Yard
  • Landscaped with Trees

Home Design

  • Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 2,180 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Screened Porch
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Attached Carport
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Driveway

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Balcony
  • Patio
  • Shed
  • Outbuilding

Schools

  • Crystal Lake Elementary School
  • David L. Anderson Middle School
  • South Fork High School

Farming

  • Barn

Horse Facilities and Amenities

  • Tack Room
  • Stables

Utilities

  • Central Heating and Cooling System
  • Overhead Utilities
  • 220 Volts
  • 110 Volts
  • Well
  • Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,069

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Architectural Style: Other
  • Carport Y N: Yes
  • Co List Office Mls Id: 279000583
  • Co List Office Phone: 772-220-4343
  • Directions: 714 west over Turnpike Bridge, Left on SW Citrus Blvd, Right on Sw Ludlum St, Home on left side next to Sons of the Wind Equestrian Center.
  • Garage Yn: Yes
  • Lot Size Acres: 5.0
  • Lot Size: 329 x 651
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Dirt
  • Building Stories: 1
  • Subdivision Name: Palm City Farms
  • Year Built: 1992
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-260-9509
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Range, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 2180.0
  • Stories: 1
  • Window Features: Metal, Single Hung
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Direction Faces: South
  • Exterior Features: Balcony, Fence, Porch, Patio, Room For Pool, Shed
  • Fencing: Yard Fenced
  • Lot Features: Trees
  • Other Structures: Outbuilding, Stable(s), Shed(s), Utility Building(s)
  • Patio And Porch Features: Balcony, Covered, Open, Patio, Porch, Screened
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Metal
  • View: Other
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: None, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Overhead Utilities, Phone Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Crystal Lake
  • High School: South Fork
  • Middle Or Junior School: David L. Anderson

Lot Info

  • Horse Amenities: Other, Stable(s), Tack Room, Barn
  • Zoning Description: A-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11069.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Oct 6, 2023
Sold by
Palm City Happy Home Llc
Bought by
Hawkins Trenton and Brady Tiffany
Seller's Agent
Heather Arbucci
Water Pointe Realty Group
List Price
$1,195,000
Sold Price
$860,000
Premium/Discount to List
-$335,000
-28.03%
Views
28
Current Estimated Value
$1,020,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,685
Avg. Annual Appreciation
8.80%
Original Mortgage
$688,000
Outstanding Balance
$674,624
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$346,061

Purchase Details

Listed on
Dec 6, 2013
Closed on
Mar 17, 2014
Sold by
Hollinsworth Bruce H and Hollinsworth Terriann
Bought by
Palm City Happy Home Llc
Seller's Agent
Joan Rogers PA
Berkshire Hathaway Florida Rea
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Sacha John T and Sacha Linda M
Bought by
Hollingsworth Bruce H and Hollingsworth Terriann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1986
Bought by
Palm City Happy Home Llc
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
Hawkins Trenton $860,000 Old Florida Title
Palm City Happy Home Llc $490,000 Old Florida Title Company
Hollingsworth Bruce H $265,000 --
Palm City Happy Home Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawkins Trenton $688,000
Previous Owner Hollingsworth Bruce H $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2023 10/12/23 Sold $860,000 -13.6% $394 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
07/10/2023 07/10/23 Price Changed $995,000 -16.7% $456 / Sq Ft
05/24/2023 05/24/23 For Sale $1,195,000 +143.9% $548 / Sq Ft
04/03/2014 04/03/14 Sold $490,000 -6.7% $225 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
12/06/2013 12/06/13 For Sale $525,000 -- $241 / 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 $13,132 $836,871 -- --
2024 $12,629 $813,286 -- --
2023 $12,629 $655,197 $0 $0
2022 $11,069 $595,634 $0 $0
2021 $10,124 $541,486 $0 $0
2020 $8,907 $492,260 $230,000 $262,260
2019 $8,496 $462,930 $195,000 $267,930
2018 $8,430 $462,170 $190,000 $272,170
2017 $7,988 $478,490 $200,000 $278,490
2016 $7,562 $426,950 $170,000 $256,950
2015 -- $397,560 $140,000 $257,560
2014 -- $204,626 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Arbucci

    Seller's Agent in 2023

    Heather Arbucci

    Water Pointe Realty Group

    (772) 260-9509

    5 in this area

    35 Total Sales

    Heather Arbucci
    Section Image
  • Marissa Corbo

    Seller Co-Listing Agent in 2023

    Marissa Corbo

    Treasure Coast Management Spec

    (772) 528-6914

    3 in this area

    26 Total Sales

    Marissa Corbo
    Section Image

  • J

    Seller's Agent in 2014

    Joan Rogers PA

    Berkshire Hathaway Florida Rea

See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20039436

Martin County REALTORS® of the Treasure Coast

APN: 03-39-40-000-053-00010-5

Florida Martin County Palm City 34990

5506 SW Ludlum St, Palm City, FL

This home is located at 5506 SW Ludlum St, Palm City, FL 34990 since 24 May 2023 and is currently estimated at $1,020,685, approximately $468 per square foot. This property was built in 1992. 5506 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.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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

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