5603 SW Martin Commons Way Palm City, FL 34990
6
Beds
7
Baths
6,303
Sq Ft
5
Acres
Highlights
- Guest House
- Horses Allowed On Property
- Newly Remodeled
- Citrus Grove Elementary School Rated A-
- Screened Pool
- Home fronts a pond
About This Home
As of December 2020Finally on the Market!! This is a private gated 5 acre estate with a circular driveway, guest house and 6 car garage, a loft/office library, a full size game room and spacious bedrooms. Main house 4/5, the guest house 2/2. The large gourmet kitchen offers 2 refrigerators, stoves, a cook island all allowing for great parties. The main home's kitchen pantry is gigantic and the size of some bedrooms. The formal living room has a beautiful stone fireplace. The detached guest house is ideal with 2 bedrooms and 2 bathrooms, a separate living area, kitchen & laundry room and private screened in porch. The heated pool area offers a summer kitchen with all of the space desired and has direct access the home's workout room/gym. The 6 car garage is completely insulated and has central AC and
The property also has 2 completely stocked bass ponds with retaining walls and a small???????????????????????????????????????? dock.
Last Agent to Sell the Property
Oksana Fano
Engel & Volkers Stuart License #3400699 Listed on: 05/30/2019
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,103
Year Built
- Built in 1998 | Newly Remodeled
Lot Details
- 5 Acre Lot
- Home fronts a pond
- South Facing Home
- Fenced
- Sprinkler System
- Fruit Trees
HOA Fees
- $8 Monthly HOA Fees
Property Views
- Pond
- Garden
- Pool
Home Design
- Florida Architecture
- Metal Roof
- Aluminum Siding
- Concrete Siding
- Block Exterior
Interior Spaces
- 6,303 Sq Ft Home
- 2-Story Property
- Central Vacuum
- High Ceiling
- Fireplace
- Single Hung Windows
- Sliding Windows
- French Doors
- Entrance Foyer
- Formal Dining Room
- Screened Porch
Kitchen
- Breakfast Area or Nook
- <<builtInOvenToken>>
- Electric Range
- <<microwave>>
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 7 Full Bathrooms
- Bidet
- Dual Sinks
- <<bathWSpaHydroMassageTubToken>>
- Garden Bath
- Separate Shower
Laundry
- Dryer
- Washer
- Laundry Tub
Home Security
- Security System Leased
- Fire and Smoke Detector
Parking
- 6 Car Attached Garage
- Garage Door Opener
- Driveway
- 1 to 5 Parking Spaces
Pool
- Screened Pool
- Heated In Ground Pool
- Free Form Pool
- Saltwater Pool
- Spa
- Pool Equipment or Cover
Outdoor Features
- Balcony
- Patio
- Outbuilding
- Outdoor Grill
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
- Gas Water Heater
- Water Purifier
- Water Softener
- Septic Tank
- Satellite Dish
Community Details
Recreation
- Horse Trails
Additional Features
- Gated Community
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
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
13.74%
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
Similar Homes in Palm City, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $100 | None Listed On Document | |
| Warranty Deed | $850,000 | Holden Title And Escrow Llc | |
| Warranty Deed | $95,000 | Holden Title Of Stuart | |
| Warranty Deed | $535,000 | Signature Title Florida Part | |
| Warranty Deed | $700,000 | Universal Land Title Inc | |
| Deed | -- | -- | |
| Warranty Deed | $85,000 | -- | |
| Warranty Deed | $88,600 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $855,000 | New Conventional | |
| Previous Owner | $367,069 | Purchase Money Mortgage | |
| Previous Owner | $663,000 | Balloon | |
| Previous Owner | $663,000 | Stand Alone First |
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: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
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
-
Anthony Centrone
A
Seller's Agent in 2020
Anthony Centrone
Papera Properties, LLC
(772) 323-6094
17 Total Sales
-
Oksana Fano
O
Seller's Agent in 2020
Oksana Fano
Atlantic Shores ERA Powered
(954) 695-4706
9 Total Sales
-
Guy D'Amico
Buyer's Agent in 2020
Guy D'Amico
Premier Property Collection
(772) 494-5090
11 Total Sales
-
Lisa Treu
Seller's Agent in 2014
Lisa Treu
Treu Group Real Estate
(561) 966-3008
198 Total Sales
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20018240
APN: 22-38-40-000-027-00020-9
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.
The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.
Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.
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