NOT LISTED FOR SALE

5516 SW Savage St Palm City, FL 34990

Estimated Value: $1,219,000 - $1,415,965

6 Beds
4 Baths
3,766 Sq Ft
$349/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $714,000 $190 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $7,633/month

Highlights

  • Guest House
  • Horses Allowed On Property
  • Cathedral Ceiling
  • Citrus Grove Elementary School Rated A-
  • Screened Pool
  • No HOA

About This Home

As of September 2017

Discover your Country Hideaway
This home captures the beauty and simplicity of the life style in Palm City. Complete with irrigation throughout the 4.5 acres, from the large pond. Your dreams can all come together in this one hidden treasure. Bring all the family, kids, horses and toys –oh and those fancy chickens. Renovated 5 bedroom,3 bath, game room and office. Also has an extra treasure, beautifully equipped guest home, 1bd,1b apartment above the garage. Natural settings from sprawling porches and screened in pool area, bright and cheery for your family to enjoy the country charm and breath taking Hammock. Property to be split at closing. measurements approx.

Last Agent to Sell the Property

Wendy deWitt

Olde Florida Realty, LLC License #3225730 Listed on: 04/14/2017

Co-Listed By

Jeanne Price

Olde Florida Realty, LLC License #3257905

Last Buyer's Agent

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,255

Year Built

  • Built in 1966

Lot Details

  • East Facing Home
  • Irregular Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,766 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Casement Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Pool

  • Screened Pool
  • Fiberglass Pool
  • Pool Equipment or Cover

Additional Homes

  • Guest House

Schools

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Riding Trail

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Well
  • Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,255

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Co List Office Mls Id: 279001027
  • Co List Office Phone: 772-245-4500
  • Directions: Citrus to savage- Right on savage,( Neptune Nursery on the corner with white fence) Home on the left.
  • Garage Yn: Yes
  • Lot Size: 196,020
  • 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: 2
  • Subdivision Name: Palm City Farms
  • Year Built: 1966
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Heater, Water Purifier, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Breakfast Area, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Kitchen/Dining Combo, Living/Dining Room, Pantry, Upper Level Master
  • Living Area: 3766.0
  • Stories: 2
  • Window Features: Casement Window(s)

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Direction Faces: East
  • Disclosures: Agricultural Exemption
  • Lot Features: Irregular Lot
  • Other Structures: Guest House
  • Pool Features: Fiberglass, Pool Equipment, Screen Enclosure
  • Pool Private: Yes
  • Roof: Composition, Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Parking Features: Driveway, Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Electric: 3 Phase
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Electricity Connected, 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

Schools

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

Lot Info

  • Horse Amenities: Horses Allowed, Riding Trail
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3255.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2017
Closed on
Sep 20, 2017
Sold by
Kocher Steven K and Rosler Katrina A
Bought by
Mcgee Judd and Mcgee Jessica
Seller's Agent
Wendy deWitt
Olde Florida Realty, LLC
Buyer's Agent
NON MEMBER
List Price
$689,000
Sold Price
$714,000
Premium/Discount to List
$25,000
3.63%
Current Estimated Value
$1,315,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,741
Avg. Annual Appreciation
7.84%
Original Mortgage
$598,400
Outstanding Balance
$499,572
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$816,169

Purchase Details

Listed on
Apr 22, 2016
Closed on
Jun 23, 2016
Sold by
Schnellmann Joseph J and Williams Janis Kay
Bought by
Kocher Steven K and Rosler Katrina A
Seller's Agent
Robert Gawel
listsmart
List Price
$695,000
Sold Price
$675,000
Premium/Discount to List
-$20,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.60%
Original Mortgage
$540,000
Interest Rate
3.64%

Purchase Details

Listed on
Apr 22, 2012
Closed on
Mar 18, 2013
Sold by
Adams Stephen Lynn and Adams Mischell Annette
Bought by
Schnellmann Joseph J and Williams Janis Kay
Seller's Agent
Vince Bajis
Water Pointe Realty Group
List Price
$649,000
Sold Price
$490,000
Premium/Discount to List
-$159,000
-24.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.29%

Purchase Details

Closed on
Aug 23, 1991
Bought by
Kocher Steven K and Rosler Katrina A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcgee Judd $714,000 Attorney
Kocher Steven K $675,000 None Available
Kocher Steven K $675,000 None Available
Schnellmann Joseph J $490,000 Florida Title & Guarantee
Kocher Steven K $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgee Judd $598,400
Previous Owner Kocher Steven K $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/21/2017 09/21/17 Sold $714,000 +3.6% $190 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $689,000 +2.1% $183 / Sq Ft
06/23/2016 06/23/16 Sold $675,000 -2.9% $179 / Sq Ft View Prior Sale
05/24/2016 05/24/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $695,000 +41.8% $185 / Sq Ft
03/18/2013 03/18/13 Sold $490,000 -24.5% $130 / Sq Ft View Prior Sale
02/16/2013 02/16/13 Pending -- -- --
04/22/2012 04/22/12 For Sale $649,000 -- $172 / 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 $8,778 $564,221 -- --
2024 $8,624 $548,320 -- --
2023 $8,624 $532,350 $0 $0
2022 $8,324 $516,845 $0 $0
2021 $8,367 $501,792 $0 $0
2020 $8,241 $494,864 $0 $0
2019 $8,146 $483,738 $0 $0
2018 $7,943 $474,718 $0 $0
2017 $8,282 $490,460 $0 $0
2016 $3,255 $213,443 $0 $0
2015 $3,342 $212,090 $0 $0
2014 $3,342 $225,640 $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: M20004664

Martin County REALTORS® of the Treasure Coast

APN: 27-38-40-000-021-00000-5