NOT LISTED FOR SALE

5603 SW Martin Commons Way Palm City, FL 34990

Estimated Value: $1,256,000 - $1,789,124

6 Beds
7 Baths
6,303 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $850,000 $135 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $9,983/month

53 Days on Market

Highlights

  • Free Form Pool
  • Roman Tub
  • Formal Dining Room
  • Citrus Grove Elementary School Rated A-
  • High Ceiling
  • Circular Driveway

About This Home

As of December 2020

PRIVATE GATED 5 ACRE ESTATE MAIN HOUSE 4/5 WITH 6 CAR GARAGE WITH CIRCULAR DRIVEWAY GUEST HOUSE 2/2 MAIN HOUSE HAS 4 SPACIOUS BEDROOMS OPEN LOFT/OFFICE LIBRARY ,HUGE GAME ROOM FORMAL LIVING ROOM WITH STONE FIREPLACE CHEF KITCHEN WITH HUGE PANTRY ALL NEW FLOORING UPDATED BATHROOMS FENCED YARD GUEST HOUSE HAS 2 BEDROOMS,2 BATHS,LIVING ROOM,KITCHEN & LAUDRY ROOM ALSO PRIVATE SCREENED IN PATIO.THE POOL AREA HAS SUMMER KITCHEN WITH DIRECT ACCESS TO WORKOUT ROOM/GYM. GARAGE IS FULLY INSULATED & AIR CONDITIONED.PROPERTY ALSO HAS 2 FULLY STOCKED BASS PONDS WITH RETANING WALLS & SMALL DOCK

Last Agent to Sell the Property

Anthony Centrone

Papera Properties, LLC License #3019622 Listed on: 09/29/2020

Last Buyer's Agent

Guy D'Amico

Premier Property Collection License #3080777

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,103

Year Built

  • Built in 1998

Lot Details

  • 4.66 Acre Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 6 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Metal Roof

Interior Spaces

  • 6,303 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Metal Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 7 Full Bathrooms
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Free Form Pool
  • Saltwater Pool
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Grill

Schools

  • Citrus Grove Elementary School

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Palm City Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 223840000027000209

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,103

Year Built

Built in 1998

Lot Details

0

HOA Fees

$8 per month

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 714 WEST OF TURNPIKE S ON CITRUS RIGHT ON SW SUNSHINE FARMS WAY LEFT ONSW SUNDOWN LANE 1ST RIGHT ON SW MARTIN COMMONS WAY
  • Year Built: 1998
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Softener Owned, Trash Compactor, Washer
  • Full Bathrooms: 7
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 6303.0
  • Dining Room Type: Laundry
  • Stories: 2
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Free Form, Other, Pool Equipment, Pool, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Brick, Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 8.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Schools

  • Elementary School: Citrus Grove

Lot Info

  • Parcel #: 223840000027000209
  • Lot Size Sq Ft: 202989.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10103.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2025
Sold by
Reed Danielle
Bought by
Danielle Bialilew Reed Trust and Reed
Current Estimated Value
$1,497,281

Purchase Details

Listed on
Sep 29, 2020
Closed on
Dec 18, 2020
Sold by
Sethi Sidharth
Bought by
Reed Danielle
Seller's Agent
Anthony Centrone
Papera Properties, LLC
Buyer's Agent
Guy D'Amico
Premier Property Collection
List Price
$1,324,999
Sold Price
$850,000
Premium/Discount to List
-$474,999
-35.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%

Purchase Details

Listed on
May 30, 2019
Closed on
Jan 31, 2020
Sold by
Fano Dennis and Fano Oksano
Bought by
Sethi Sidharth
Seller's Agent
Oksana Fano
Engel & Volkers Stuart
List Price
$1,395,000
Sold Price
$950,000
Premium/Discount to List
-$445,000
-31.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.75%
Original Mortgage
$855,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2013
Closed on
Jan 13, 2014
Sold by
Berrios Edwin and Mero Berrios Rossana K
Bought by
Fano Dennis and Fano Oksana
Seller's Agent
Lisa Treu
Treu Group Real Estate
Buyer's Agent
Lisa Treu
Treu Group Real Estate
List Price
$700,000
Sold Price
$535,000
Premium/Discount to List
-$165,000
-23.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$367,069
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Loesche Earline and Loesche Ray
Bought by
Berrios Edwin and Mero Berrios Rosanna K

Purchase Details

Closed on
Aug 31, 2000
Sold by
Loesche Raymond and Loesche Earline
Bought by
Fano Dennis and Fano Oksana

Purchase Details

Closed on
Jul 22, 1997
Sold by
Sargent Frank A and Sargent Cheryl A
Bought by
Loesche Raymond and Loesche Earline

Purchase Details

Closed on
Dec 26, 1995
Sold by
Morgan James C and Morgan Michele J
Bought by
Sargent Frank A and Sargent Cheryl 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
Danielle Bialilew Reed Trust $100 None Listed On Document
Reed Danielle $850,000 Holden Title And Escrow Llc
Sethi Sidharth $95,000 Holden Title Of Stuart
Fano Dennis $535,000 Signature Title Florida Part
Berrios Edwin $700,000 Universal Land Title Inc
Fano Dennis -- --
Loesche Raymond $85,000 --
Sargent Frank A $88,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sethi Sidharth $855,000
Previous Owner Fano Dennis $367,069
Previous Owner Berrios Edwin $663,000
Previous Owner Berrios Edwin $663,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $850,000 -35.8% $135 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
09/29/2020 09/29/20 For Sale $1,324,999 +39.5% $210 / Sq Ft
01/31/2020 01/31/20 Sold $950,000 0.0% $151 / Sq Ft
01/31/2020 01/31/20 Sold $950,000 -31.9% $151 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
01/01/2020 01/01/20 Pending -- -- --
04/30/2019 04/30/19 For Sale $1,395,000 0.0% $221 / Sq Ft
04/30/2019 04/30/19 For Sale $1,395,000 +160.7% $221 / Sq Ft
01/13/2014 01/13/14 Sold $535,000 -23.6% $85 / Sq Ft
12/14/2013 12/14/13 Pending -- -- --
08/07/2013 08/07/13 For Sale $700,000 -- $111 / 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 $20,469 $1,212,874 -- --
2024 $19,914 $1,102,613 -- --
2023 $19,914 $1,002,376 $0 $0
2022 $17,366 $911,251 $0 $0
2021 $14,708 $827,330 $233,000 $594,330
2020 $10,471 $622,617 $0 $0
2019 $10,353 $608,619 $0 $0
2018 $10,103 $597,661 $0 $0
2017 $9,204 $585,367 $0 $0
2016 $9,372 $573,327 $0 $0
2015 $8,880 $569,343 $0 $0
2014 $8,880 $523,440 $132,810 $390,630
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Anthony Centrone

    Papera Properties, LLC

    (772) 323-6094

    17 Total Sales

    Anthony Centrone
    Section Image

  • O

    Seller's Agent in 2020

    Oksana Fano

    Atlantic Shores ERA Powered

    (954) 695-4706

    9 Total Sales

    Oksana Fano
    Section Image
  • Guy D'Amico

    Buyer's Agent in 2020

    Guy D'Amico

    Premier Property Collection

    (772) 494-5090

    11 Total Sales

    Guy D'Amico
    Section Image
  • Lisa Treu

    Seller's Agent in 2014

    Lisa Treu

    Treu Group Real Estate

    (561) 966-3008

    198 Total Sales

    Lisa Treu
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10659050

BeachesMLS

APN: 22-38-40-000-027-00020-9

Florida Martin County Palm City 34990

5603 SW Martin Commons Way, Palm City, FL

This home is located at 5603 SW Martin Commons Way, Palm City, FL 34990 since 29 September 2020 and is currently estimated at $1,497,281, approximately $237 per square foot. This property was built in 1998. 5603 SW Martin Commons Way 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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