NOT LISTED FOR SALE

5605 SW Ludlum St Palm City, FL 34990

Estimated Value: $561,000 - $826,000

4 Beds
3 Baths
2,266 Sq Ft
$295/Sq Ft Est. Value

Last Sold November 02, 2017

Last sale price $397,500 $175 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,090/month

257 Days on Market

Highlights

  • Horses Allowed in Community
  • 219,978 Sq Ft lot
  • Deck
  • South Fork High School Rated A-
  • Room in yard for a pool
  • Great Room

About This Home

As of November 2017

Picture yourself living in a community that offers some of the best fishing, boating, beaches and recreation that exemplifies the Florida lifestyle. Bring your horses and enjoy this beatiful piece of property in Palm City, FL with just under 2300 sq ft of living space, 4 bedroom, 3 full bathrooms on 5 gorgeous acres. Huge pond with 2 island, workshop/garage with power, 12 x 24 shed, 3 horse stalls with tack room, property is fully fenced and gated. Enter the home and notice the open split floor plan. Living area welcomes you and flows into the dining area. Spacious kitchen with island, pantry and breakfast bar. Fourth bedroom is off by itself and third full bathroom great for your company to utilizes. Side entry enters into the laundry room that is 6 x 9. Great to use as a mud room

Last Agent to Sell the Property

Tabathia Campbell-Flick

Keller Williams Realty Of The Treasure Coast License #3077396 Listed on: 01/18/2017

Keller Williams Realty Of The Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 2005

Lot Details

  • 5.05 Acre Lot
  • Fenced
  • Property is zoned ag-2

Home Design

  • Fiberglass Roof
  • Modular or Manufactured Materials

Interior Spaces

  • 2,266 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Workshop
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Unpaved Parking

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Separate Outdoor Workshop
  • Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 033940000043000100

Community Details

Overview

  • Palm City Farms Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,850

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: MARTIN HWY, LEFT ON CITRUS, RIGHT ON LUDLUM TO 5605
  • Year Built: 2005
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Entrance Foyer, Fireplace, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s), Workshop
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Living Area: 2266.0
  • Dining Room Type: Family Room, Great Room, Laundry, Storage Room, Workshop
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Fence, Room For Pool, Shed
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Modular/Prefab
  • Other Structures: Shed(s), Workshop
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Fiberglass

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Detached, Garage, Unpaved

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 033940000043000100
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 219978.0
  • Zoning Description: ag-2
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4850.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2017
Closed on
Nov 2, 2017
Sold by
Brabham Lance S and Brabham Leslie D
Bought by
Biondo Giani and Rosenberg Gary
Seller's Agent
Tabathia Campbell-Flick
Keller Williams Realty Of The Treasure Coast
List Price
$425,000
Sold Price
$397,500
Premium/Discount to List
-$27,500
-6.47%
Current Estimated Value
$668,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,324
Avg. Annual Appreciation
6.75%
Original Mortgage
$318,000
Outstanding Balance
$266,328
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$402,496

Purchase Details

Listed on
Jul 15, 2015
Closed on
Sep 25, 2015
Sold by
Scardigno Nick and Long Jonnie
Bought by
Brabham Lance S and Brabham Leslie D
Seller's Agent
Mary Feistel
Illustrated Properties LLC (Jupiter)
Buyer's Agent
Daniel W
The Keyes Company - Stuart
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$320,000
Interest Rate
3.97%
Mortgage Type
VA

Purchase Details

Closed on
Dec 23, 2010
Sold by
Tolve Paul L
Bought by
Scardigno Jonnie and Scardigno Nick

Purchase Details

Closed on
Feb 4, 2009
Sold by
Aurora Loan Services Llc
Bought by
Scardigno Jonnie and Scardigno Nick

Purchase Details

Closed on
Nov 20, 2008
Sold by
Rudolph Carol
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 2, 2005
Sold by
Krogen Nicole
Bought by
Rudolph Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.25%
Mortgage Type
Construction
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
Biondo Giani $397,500 Attorney
Brabham Lance S $340,000 None Available
Scardigno Jonnie -- Attorney
Tolve Paul L -- Attorney
Scardigno Jonnie $205,000 Watson Title Ins Agency Inc
Aurora Loan Services Llc -- None Available
Rudolph Carol $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biondo Giani $318,000
Closed Brabham Lance S $320,000
Previous Owner Rudolph Carol $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/02/2017 11/02/17 Sold $397,500 -6.5% $175 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
01/18/2017 01/18/17 For Sale $425,000 +25.0% $188 / Sq Ft
09/25/2015 09/25/15 Sold $340,000 -2.8% $150 / Sq Ft View Prior Sale
08/26/2015 08/26/15 Pending -- -- --
07/15/2015 07/15/15 For Sale $349,900 -- $154 / 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 $6,665 $431,954 -- --
2024 $2,556 $419,781 -- --
2023 $2,556 $168,651 $0 $0
2022 $2,445 $163,457 $0 $0
2021 $2,425 $158,442 $0 $0
2020 $2,354 $157,625 $0 $0
2019 $4,983 $304,745 $0 $0
2018 $4,675 $288,710 $191,900 $96,810
2017 $4,619 $318,858 $0 $0
2016 $4,850 $312,300 $171,700 $140,600
2015 -- $140,540 $0 $0
2014 -- $139,185 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10299928

BeachesMLS

APN: 03-39-40-000-043-00010-0