NOT LISTED FOR SALE

5902 SW Ranchito St Palm City, FL 34990

Estimated Value: $1,020,000 - $1,287,435

3 Beds
3 Baths
3,420 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $500,000 $146 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,771/month

Highlights

  • Guest House
  • Boarding Facilities
  • Newly Remodeled
  • Citrus Grove Elementary School Rated A-
  • Horses Allowed On Property
  • Home fronts a pond

About This Home

As of March 2017

Move right into this country estate home and bring your family and animals! This gated and fenced 5 acre estate is located close to the end of a quiet Palm City Farms st. Totally redesigned and remodeled in 2003, this home has been meticulously maintained by the current owner. Features include 3/4 bedrooms, 3 baths, 2 car garage, accordion storm shutters for all windows, laminate flooring in all living areas, stainless steel appliances, gas stove, and great open floor plan! The expansive upstairs master suite opens out on to a private balcony overlooking the pond and back pasture. The large center aisle barn includes 2 stalls, tack and feed rms, 1 bdrm 1 bth apt (rents for $800 per month). Lots of room to park your extra vehicles and close to I95 and the turnpike. This is a perfect opportunity to live your country lifestyle in peace and quiet!

Last Agent to Sell the Property

Joan Rogers

Berkshire Hathaway Florida Realty License #665096 Listed on: 01/10/2017

Berkshire Hathaway Florida Realty

Co-Listed By

Priscilla Baldwin

Berkshire Hathaway Florida Realty License #568921

Last Buyer's Agent

Joan Rogers

Berkshire Hathaway Florida Realty License #665096 Listed on: 01/10/2017

Berkshire Hathaway Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,122

Year Built

  • Built in 1987 | Newly Remodeled

Lot Details

  • Lot Dimensions are 322x652x323x652
  • Home fronts a pond
  • Property fronts a county road
  • North Facing Home
  • Fenced

Home Design

  • Traditional Architecture
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Single Hung Windows
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Open Floorplan
  • Screened Porch
  • Pond Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Boarding Facilities
  • Balcony

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
  • Hay Storage

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Well
  • Water Purifier
  • Septic Tank

Community Details

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,122

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0

Listing Details

  • Architectural Style: Traditional
  • Co List Office Mls Id: 279000060
  • Co List Office Phone: 772-283-2800
  • Directions: from Martin Hwy (SR 714) go South on Citrus Blvd. Right on Ranchito. Home on left at end of street.
  • Garage Yn: Yes
  • Lot Size: 322x652x323x652
  • New Construction: Yes
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Building Stories: 2
  • Subdivision Name: Palm City Farms
  • Year Built: 1987
  • Year Built Details: New
  • Ownership: Fee Simple
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Kitchen/Dining Combo, Living/Dining Room, Pantry, Upper Level Master, Walk-In Closet(s)
  • Living Area: 3420.0
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • Construction Type: Block, Frame, Concrete
  • Direction Faces: North
  • Exterior Features: Balcony, Fence, Storm/Security Shutters
  • Other Structures: Guest House, Utility Building(s)
  • Patio And Porch Features: Balcony, Covered, Porch, Screened
  • Pool Private: No
  • Property Condition: New Construction
  • Roof: Composition, Shingle
  • View: Pond
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: Generator Hookup
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fenced, Gated Community, Fire Sprinkler System, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Citrus Grove
  • High School: South Fork
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Horse Amenities: Boarding Facilities, Hay Storage, See Remarks, Horses Allowed
  • Zoning Description: residential/agr
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5121.94
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2017
Closed on
Mar 20, 2017
Sold by
Horn Mary
Bought by
Arias Francisco and Roberts Arias Margaret Ann
Seller's Agent
Joan Rogers
Berkshire Hathaway Florida Realty
Buyer's Agent
Joan Rogers
Berkshire Hathaway Florida Realty
List Price
$545,000
Sold Price
$500,000
Premium/Discount to List
-$45,000
-8.26%
Current Estimated Value
$1,173,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$673,609
Avg. Annual Appreciation
10.42%
Original Mortgage
$250,000
Outstanding Balance
$127,611
Interest Rate
4.17%
Estimated Equity
$1,045,998

Purchase Details

Closed on
Apr 5, 2001
Sold by
Cavanaugh James P and Cavanaugh Silvana
Bought by
Horn Mary

Purchase Details

Closed on
Dec 23, 1996
Sold by
Olson Randall C and Olson Candice T
Bought by
Cavanaugh James P and Cavanaugh Silvana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.65%

Purchase Details

Closed on
Jul 12, 1994
Sold by
Burkert Kenneth and Burkert Patricia A
Bought by
Olson Randall C and Olson Candice T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.52%
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
Arias Francisco $500,000 Attorney
Horn Mary $235,000 --
Cavanaugh James P $200,000 --
Olson Randall C $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Francisco $250,000
Previous Owner Cavanaugh James P $190,000
Previous Owner Olson Randall C $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $500,000 -8.3% $146 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
01/10/2017 01/10/17 For Sale $545,000 -- $159 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $7,386 $477,047 -- --
2024 $7,251 $463,603 -- --
2023 $7,251 $450,100 $0 $0
2022 $6,995 $436,991 $0 $0
2021 $7,025 $424,264 $0 $0
2020 $6,906 $418,407 $0 $0
2019 $6,825 $409,000 $0 $0
2018 $6,654 $401,373 $0 $0
2017 $4,893 $330,082 $0 $0
2016 $5,122 $323,295 $0 $0
2015 $4,867 $321,045 $0 $0
2014 $4,867 $318,497 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20002935

Martin County REALTORS® of the Treasure Coast

APN: 27-38-40-000-056-00001-0