NOT LISTED FOR SALE

5548 SW Coral Tree Ln Palm City, FL 34990

Estimated Value: $872,294 - $1,325,000

4 Beds
3 Baths
2,958 Sq Ft
$342/Sq Ft Est. Value

Last Sold July 06, 2015

Last sale price $523,750 $177 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,197/month

53 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Tennis Courts
  • Palm City Elementary School Rated A-
  • Pool View
  • Formal Dining Room

About This Home

As of July 2015

This "Coastal Living" inspired home will dazzle you! Situated on over a half acre only 6 homes have this location near their own private park with tennis courts, Gazebo & playground! This amazing 4/5BR, 3BA pool home has it all! Plus it has been COMPLETELY REMODELED! Enter the stunning Mahogany doors to French White Oak hardwood floors that look like driftwood! All new stainless steel kitchen appliances (Frigidaire Gallery Collection). Interior, exterior, patio deck & garage freshly painted! All new exterior light fixtures. Upgraded landscape, new water softener system, and sprinkler controls. Other upgrades include: hurricane shutters, alarm system, 2 zone stereo system, crown molding, tongue & groove ceilings, new washer & dryer!

Last Agent to Sell the Property

Kimberly Spears

Douglas Elliman License #613962 Listed on: 04/13/2015

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,684

Year Built

  • Built in 1999

Lot Details

  • 0.51 Acre Lot
  • East Facing Home

HOA Fees

  • $187 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 2,958 Sq Ft Home
  • 1-Story Property
  • Bar
  • Entrance Foyer
  • Formal Dining Room
  • Pool Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 433841002000003205

Community Details

Overview

  • Orchid Bay Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,684

Year Built

Built in 1999

Lot Details

0

HOA Fees

$187 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Mapp Rd to Orchid Bay
  • Year Built: 1999
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Living/Dining Room, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Living Area: 2958.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Pool
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Other
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 187.0
  • Community Features: Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 433841002000003205
  • Lot Size Sq Ft: 22433.0
  • Zoning Description: resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 6684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2015
Closed on
Jul 6, 2015
Sold by
Brown Theodore A and Brown Lisa C
Bought by
Gajewski Martin and Gajewski Tracy
Seller's Agent
Kimberly Spears
Douglas Elliman
List Price
$579,900
Sold Price
$523,750
Premium/Discount to List
-$56,150
-9.68%
Current Estimated Value
$1,010,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,574
Avg. Annual Appreciation
6.59%
Original Mortgage
$430,100
Outstanding Balance
$335,718
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$674,606

Purchase Details

Closed on
Mar 3, 1998
Sold by
Kirschten James J and Kirschten Suzanne E
Bought by
Brown Theodore A and Brown Lisa C

Purchase Details

Closed on
Dec 6, 1995
Sold by
Tartan Land Co
Bought by
Krischten James J and Krischten Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,700
Interest Rate
7.4%
Mortgage Type
New Conventional
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
Gajewski Martin $523,750 Attorney
Brown Theodore A $45,900 --
Krischten James J $45,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gajewski Martin $430,100
Previous Owner Krischten James J $36,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2015 07/06/15 Sold $523,750 -9.7% $177 / Sq Ft
06/06/2015 06/06/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $579,900 0.0% $196 / Sq Ft
12/01/2012 12/01/12 Rented $2,500 -9.1% --
11/01/2012 11/01/12 Under Contract -- -- --
10/09/2012 10/09/12 For Rent $2,750 -- --
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 $8,022 $480,905 -- --
2024 $7,886 $467,352 -- --
2023 $7,886 $453,740 $0 $0
2022 $7,629 $440,525 $0 $0
2021 $7,659 $427,695 $0 $0
2020 $7,540 $421,790 $135,000 $286,790
2019 $7,866 $435,407 $0 $0
2018 $7,684 $427,289 $0 $0
2017 $6,386 $418,500 $140,000 $278,500
2016 $6,718 $417,210 $140,000 $277,210
2015 $6,416 $382,710 $105,000 $277,710
2014 $6,416 $376,850 $95,000 $281,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10127474

BeachesMLS

APN: 43-38-41-002-000-00320-5