NOT LISTED FOR SALE

5615 SW Ludlum St Palm City, FL 34990

Estimated Value: $649,000 - $1,009,661

4 Beds
2.5 Baths
2,141 Sq Ft
$406/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $525,000 $245 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,222/month

30 Days on Market

Highlights

  • Saltwater Pool
  • 216,493 Sq Ft lot
  • High Ceiling
  • South Fork High School Rated A-
  • Loft
  • Pool View

About This Home

As of November 2018

Your search is Over! This 5 Acre beautiful country/farm home with a Pond is ready for you! NO HOA, No Deed Restrictions! Enjoy a little piece of paradise all while being only 20 min away from Downtown Stuart! If you have toys...bring your boats, RV's etc The detached 1000 sq ft garage is the perfect place for storage! Property includes 4 bedrooms Plus a loft/den. Salt water pool with Half bath outside for your very own Cabana Bath! Custom ship lap ceilings with a custom built-in book case and wood burning fireplace that will take your breath away. PERFECT location, close to 95, turnpike and shops! Owner occupied, please use showing time or text for showing. PLEASE use backdoor. Supra on backdoor...front porch currently being used for packing/storage for the move. FRIENDLY DOG on premises.

Last Agent to Sell the Property

Jennifer Vanbuskirk

RE/MAX Gold License #3356417 Listed on: 09/28/2018

RE/MAX Gold

Last Buyer's Agent

Teresa Cooper

HomeSmart License #3217202

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,651

Year Built

  • Built in 1983

Lot Details

  • 4.97 Acre Lot
  • Fenced

Parking

  • 3 Car Detached Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,141 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Blinds
  • Combination Kitchen and Dining Room
  • Loft
  • Workshop
  • Screened Porch
  • Pool Views
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Saltwater Pool
  • Screen Enclosure

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • Palm City Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 033940000043000008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,651

Year Built

Built in 1983

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Citrus to Ludlum Rd
  • Year Built: 1983
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Fireplace, High Ceilings, Kitchen/Dining Combo, Pantry, Loft, Workshop
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Laminate, Tile
  • Living Area: 2141.0
  • Dining Room Type: Laundry, Loft, Porch, Workshop
  • Stories: 2
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Patio, Shed
  • View: Pool
  • Pool Features: Pool, Screen Enclosure, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Brick, Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Glass Enclosed, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Detached, Garage, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 033940000043000008
  • Lot Size Sq Ft: 216493.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2651.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2018
Closed on
Nov 27, 2018
Sold by
Ryan Melissa C and Sudhoff Andreas
Bought by
Register John David and Register Kristen
Seller's Agent
Jennifer Vanbuskirk
RE/MAX Gold
Buyer's Agent
Teresa Cooper
HomeSmart
List Price
$544,900
Sold Price
$525,000
Premium/Discount to List
-$19,900
-3.65%
Current Estimated Value
$869,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,415
Avg. Annual Appreciation
7.58%
Original Mortgage
$325,000
Outstanding Balance
$286,332
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$583,083

Purchase Details

Closed on
Dec 23, 2010
Sold by
Tolve Paul L
Bought by
Parsons Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,662
Interest Rate
4.42%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2010
Sold by
Tolve Leslie G
Bought by
Tolve Paul L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,662
Interest Rate
4.42%
Mortgage Type
FHA

Purchase Details

Closed on
May 13, 2002
Sold by
Tolve Paul L and Tolve Lelsie G
Bought by
Krogen Nicole

Purchase Details

Closed on
Jul 1, 1994
Sold by
Treasure Coast Bk
Bought by
Tolve Paul L and Tolve Leslie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
8.51%
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
Register John David $525,000 Mariner Title Co
Parsons Melissa $250,000 Attorney
Tolve Paul L -- Attorney
Krogen Nicole $66,000 First American Title Ins Co
Tolve Paul L $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Register John David $325,000
Previous Owner Parsons Melissa $243,662
Previous Owner Tolve Paul L $215,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2018 11/28/18 Sold $525,000 -3.7% $245 / Sq Ft
10/29/2018 10/29/18 Pending -- -- --
09/28/2018 09/28/18 For Sale $544,900 -- $255 / 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 $7,516 $485,200 -- --
2024 $7,379 $471,526 -- --
2023 $7,379 $457,793 $0 $0
2022 $7,120 $444,460 $0 $0
2021 $7,151 $431,515 $0 $0
2020 $7,031 $425,558 $0 $0
2019 $6,949 $415,990 $186,810 $229,180
2018 $5,446 $332,622 $0 $0
2017 $2,342 $178,973 $0 $0
2016 $2,606 $175,312 $0 $0
2015 -- $174,100 $0 $0
2014 -- $178,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10467961

BeachesMLS

APN: 03-39-40-000-043-00000-8