5603 SW Martin Commons Way Palm City, FL 34990
5
Beds
7
Baths
6,303
Sq Ft
4.65
Acres
Highlights
- Horses Allowed in Community
- Free Form Pool
- Fruit Trees
- Citrus Grove Elementary School Rated A-
- Waterfront
- Roman Tub
About This Home
As of December 2020**Open House Sat. Nov 16th from 11-2!** This 5 acre estate is a deal so run to see this home. You will love this Key West Home with Guest House. There is so much room to entertain both formally and casually or go ahead and throw a pool party. What is to love? Let's start with the fact that there is so much space including a loft/office, a full size game room and spacious bedrooms. The large gourmet kitchen offers 2 refrigerators, stoves, a cook island all allowing for great parties. The formal living room has a beautiful stone fireplace. Do you need an in-law suite? The detached guest house is ideal with 2 bedrooms, a separate living area, kitchen & laundry room. The heated pool area offers a summer kitchen with all of the space desired.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,969
Year Built
- Built in 1998
Lot Details
- Waterfront
- Fenced
- Sprinkler System
- Fruit Trees
HOA Fees
- $13 Monthly HOA Fees
Parking
- 6 Car Attached Garage
- Garage Door Opener
- Circular Driveway
Property Views
- Garden
- Pool
Home Design
- Frame Construction
- Metal Roof
Interior Spaces
- 6,303 Sq Ft Home
- 2-Story Property
- Custom Mirrors
- Central Vacuum
- High Ceiling
- Ceiling Fan
- Fireplace
- Single Hung Metal Windows
- Sliding Windows
- French Doors
- Entrance Foyer
- Family Room
- Formal Dining Room
- Den
- Pull Down Stairs to Attic
Kitchen
- Breakfast Area or Nook
- Electric Range
- <<microwave>>
- Ice Maker
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Walk-In Closet
- 7 Full Bathrooms
- Roman Tub
Laundry
- Dryer
- Washer
- Laundry Tub
Home Security
- Home Security System
- Security Gate
- Fire and Smoke Detector
Pool
- Free Form Pool
- Gunite Pool
- Fence Around Pool
- Screen Enclosure
Outdoor Features
- Balcony
- Open Patio
- Outdoor Grill
Schools
- Citrus Grove Elementary School
Utilities
- Central Heating
- Electric Water Heater
- Water Purifier
Listing and Financial Details
- Assessor Parcel Number 223840000027000209
Community Details
Overview
- Martin Commons Subdivision
Recreation
- Horses Allowed in 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
13.19%
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
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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: BeachesMLS
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: BeachesMLS
MLS Number: R9967793
APN: 22-38-40-000-027-00020-9
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