NOT LISTED FOR SALE

5540 SW Peach Palm Place Palm City, FL 34990

Estimated Value: $1,369,000 - $1,489,000

4 Beds
4.5 Baths
4,160 Sq Ft
$344/Sq Ft Est. Value

Last Sold November 12, 2020

Last sale price $900,000 $216 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,861/month

110 Days on Market

Highlights

  • Lake Front
  • Private Pool
  • 39,792 Sq Ft lot
  • Citrus Grove Elementary School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of November 2020

Here is your chance to own a newer construction lakefront pool house under a million in Palm City! This house boasts 4 bedrooms, plus a den/office, 4 1/2 bathrooms, over 4100 square feet, 3 car garage and a breathtaking pool. Built in 2016 and is situated on nearly an acre of land on a cul de sac. The kitchen is beautiful, spacious and open to the family room. There is plenty of space in the patio to entertain and enjoy the outdoor kitchen. The windows, doors and sliders are all hurricane impact, except in the breakfast nook. The community has plenty of amenities, including walking trails, club house, tennis, fitness center, community pool, is gated and many more. Call today for your private tour!

Last Agent to Sell the Property

Jason Coley

Atlantic Shores ERA Powered License #3146240 Listed on: 06/24/2020

Atlantic Shores ERA Powered

Co-Listed By

Kerry Victor

Inactive Member License #3266249

Last Buyer's Agent

Brandon Tate

Coldwell Banker Realty License #3249700

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,896

Year Built

  • Built in 2016

Lot Details

  • 0.91 Acre Lot
  • Lake Front
  • Property is zoned RESIDNET

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 4,160 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Private Pool

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 103840001000005100

Community Details

Overview

  • Canopy Creek Subdivision

Amenities

  • Clubhouse
  • Game Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,896

Year Built

Built in 2016

Lot Details

0

HOA Fees

$370 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: SW High Meadows Ave then west on SR 714 , entrance is on the right.
  • Year Built: 2016
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 4160.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 370.0
  • Community Features: Clubhouse, Game Room, Gated, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 103840001000005100
  • Lot Size Sq Ft: 39792.0
  • Zoning Description: RESIDNET
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 12896.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2020
Closed on
Nov 9, 2020
Sold by
Wilcox Richard M and Wilcox Teresa L
Bought by
Liu Teh Yi
Seller's Agent
Jason Coley
Atlantic Shores ERA Powered
Buyer's Agent
Brandon Tate
Coldwell Banker Realty
List Price
$920,000
Sold Price
$900,000
Premium/Discount to List
-$20,000
-2.17%
Current Estimated Value
$1,433,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$533,076
Avg. Annual Appreciation
9.83%
Original Mortgage
$245,000
Outstanding Balance
$176,965
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,256,111

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 17, 2019
Sold by
Doebele James F and Doebele Anne C
Bought by
Wilcox Richard M and Wilcox Teresa L
Seller's Agent
Arati Hammond
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Jason Coley
Atlantic Shores ERA Powered
List Price
$929,900
Sold Price
$870,000
Premium/Discount to List
-$59,900
-6.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$783,000
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 18, 2016
Sold by
Kc Canopy Creek Llc
Bought by
Doebele James F and Doebele Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Liu Teh Yi $900,000 Attorney
Wilcox Richard M $870,000 Signature Title Fl Partners
Doebele James F $885,200 Ktitle Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Teh Yi $245,000
Previous Owner Wilcox Richard M $783,000
Previous Owner Doebele James F $708,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/12/2020 11/12/20 Sold $900,000 -2.2% $216 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $920,000 +5.7% $221 / Sq Ft
05/17/2019 05/17/19 Sold $870,000 -6.4% $209 / Sq Ft View Prior Sale
04/17/2019 04/17/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $929,900 -- $224 / 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 $11,704 $747,469 -- --
2024 $11,511 $726,404 -- --
2023 $11,511 $705,247 $0 $0
2022 $11,118 $684,706 $0 $0
2021 $11,187 $664,764 $0 $0
2020 $13,745 $769,440 $270,000 $499,440
2019 $12,896 $711,910 $207,000 $504,910
2018 $13,009 $763,060 $200,000 $563,060
2017 $12,190 $762,189 $0 $0
2016 $1,147 $82,500 $82,500 $0
2015 $369 $82,500 $82,500 $0
2014 $369 $22,500 $22,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Coley

    Seller's Agent in 2020

    Jason Coley

    Atlantic Shores ERA Powered

    (772) 201-5229

    17 in this area

    805 Total Sales

    Jason Coley
    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kerry Victor

    Inactive Member

  • Brandon Tate

    Buyer's Agent in 2020

    Brandon Tate

    Coldwell Banker Realty

    (561) 459-9151

    1 in this area

    12 Total Sales

    Brandon Tate
    Section Image
  • Arati Hammond

    Seller's Agent in 2019

    Arati Hammond

    Keller Williams Realty Of The Treasure Coast

    (772) 342-5599

    82 in this area

    137 Total Sales

    Arati Hammond
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10633453

BeachesMLS

APN: 10-38-40-001-000-00510-0

Florida Martin County Palm City 34990

5540 SW Peach Palm Place, Palm City, FL

This home is located at 5540 SW Peach Palm Place, Palm City, FL 34990 since 24 June 2020 and is currently estimated at $1,433,076, approximately $344 per square foot. This property was built in 2016. 5540 SW Peach Palm Place 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.

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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