NOT LISTED FOR SALE

5616 SW Ludlum St Palm City, FL 34990

Estimated Value: $585,000 - $1,011,800

4 Beds
2 Baths
2,882 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $258,500 $90 Per Sq Ft

Est. 212% increase in value since last sale

Current estimated payment $4,581/month

46 Days on Market

Highlights

  • Horses Allowed in Community
  • Fruit Trees
  • Fireplace
  • South Fork High School Rated A-
  • Garden View
  • Walk-In Closet

About This Home

As of November 2015

2 story home on 5 acres, 3 bedrooms upstairs, 1 downstairs, 2 baths. Located in the highly desirable area of Palm City. Large Kitchen. Mexican tile flooring, carpeting, Wood burning fireplace, 26 x 11 screened porch. Many fruit trees, pond, fully fenced. Plenty of room for???????????????????????????????????????? horses.

Last Agent to Sell the Property

William Betzner

Keller Williams Realty Jupiter License #0684364 Listed on: 09/04/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,536

Year Built

  • Built in 1969

Lot Details

  • North Facing Home
  • Fenced
  • Fruit Trees

Parking

  • Unpaved Parking

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,882 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Garden Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 03394000005400000

Community Details

Overview

  • Palm City Farms Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,536

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 714 (MARTIN HIGHWAY) WEST TO 76A, SOUTH TO LUDLUM, WEST TO PROPERTY
  • Year Built: 1969
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Fireplace, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: None
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Living Area: 2882.0
  • Dining Room Type: Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Fruit Trees
  • View: Garden
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Frame
  • Direction Faces: North
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Unpaved

Utilities

  • 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
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 03394000005400000
  • Horse Amenities: Horses Allowed
  • Zoning Description: RES

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2536.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Dec 2, 2015
Sold by
Federal National Mortgage Association and Fannie Mae
Bought by
Jones Victoria S and Jones Eric K
Seller's Agent
William Betzner
Keller Williams Realty Jupiter
List Price
$260,000
Sold Price
$258,500
Premium/Discount to List
-$1,500
-0.58%
Current Estimated Value
$806,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$547,950
Avg. Annual Appreciation
12.14%
Original Mortgage
$321,784
Outstanding Balance
$254,136
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$552,314

Purchase Details

Listed on
Sep 4, 2015
Closed on
Nov 20, 2015
Sold by
Federal National Mortgage Associatio
Bought by
Jones Eric K and Jones Victoria Summer
Seller's Agent
William Betzner
Keller Williams Realty Jupiter
List Price
$260,000
Sold Price
$258,500
Premium/Discount to List
-$1,500
-0.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,784
Outstanding Balance
$254,136
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$552,314

Purchase Details

Closed on
Jan 20, 2015
Sold by
Tyler Barney
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 2, 2001
Sold by
William F Obrien Iii M
Bought by
Tyler Barney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 1999
Sold by
C & D Ranch Inc
Bought by
L L Ranch Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
7.43%
Mortgage Type
Balloon
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
Jones Victoria S $258,500 --
Jones Eric K $258,500 --
Federal National Mortgage Association -- None Available
Tyler Barney L $195,000 --
L L Ranch Inc $650,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Victoria S $321,784
Previous Owner L L Ranch Inc $30,000
Previous Owner L L Ranch Inc $105,000
Previous Owner L L Ranch Inc $595,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2015 11/20/15 Sold $258,500 -0.6% $90 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $260,000 -- $90 / 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 $3,814 $253,511 -- --
2024 $3,729 $246,297 -- --
2023 $3,729 $239,152 $0 $0
2022 $3,767 $232,215 $0 $0
2021 $3,769 $225,023 $0 $0
2020 $2,787 $182,415 $0 $0
2019 $2,750 $178,433 $0 $0
2018 $5,017 $308,206 $0 $0
2017 $4,417 $301,867 $0 $0
2016 $4,336 $237,190 $170,000 $67,190
2015 -- $189,863 $0 $0
2014 -- $188,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2015

    William Betzner

    Keller Williams Realty Jupiter

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Map

Source: BeachesMLS

MLS Number: R10165201

BeachesMLS

APN: 03-39-40-000-054-00000-5

Florida Martin County Palm City 34990

5616 SW Ludlum St, Palm City, FL

This home is located at 5616 SW Ludlum St, Palm City, FL 34990 since 04 September 2015 and is currently estimated at $806,450, approximately $279 per square foot. This property was built in 1969. 5616 SW Ludlum St is a home located in Martin County with nearby schools including Crystal Lake Elementary School, Dr. David L. Anderson 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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