$836,000
SOLD MAR 12, 2018

5906 SW Ludlum St Palm City, FL 34990

3 Beds
3 Baths
3,944 Sq Ft
10 Acres

Recently Sold

$212 Per Sq Ft

12% Below List Price

Highlights

  • Guest House
  • Barn
  • Heated In Ground Pool
  • South Fork High School Rated A-
  • Newly Remodeled
  • Gated Community

About This Home

As of February 2022

This country estate is well located in a prime area of Treasure Coast's Farm neighborhood. Located on 10 acres adjacent to the 300 acre Audubon Park, yet minutes from I95 & the turnpike, this property includes a 2 story main house, 1600 sq ft guest house, separate 3 car garage, nestled around an enlarged pool area. There is a 2 stall barn w/workshop & nature viewing dock overlooking your own marsh as well as 2 ponds & mature Florida vegetation. The house & guest house were extensively renovated since 2008 w/designer cabinetry, granite counters, new Viking appliances & decorator colors. The main home features wood floors, soaring ceilings, gas burning fireplace with the master suite & open balcony on the 2nd fl. The guest house offers 1 BR apt on the 2nd fl and a large space with bath on the first fl, perfect for another apt or home office. This includes adjacent 6 acre parcel (tax id# 033940000056) MLS square footage reflects total of main home & guest home.

Last Agent to Sell the Property

Joan Rogers

Berkshire Hathaway Florida Realty License #665096 Listed on: 05/12/2017

Berkshire Hathaway Florida Realty

Co-Listed By

Priscilla Baldwin

Berkshire Hathaway Florida Realty License #568921

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 1989 | Newly Remodeled

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Fruit Trees

Home Design

  • Traditional Architecture
  • Georgian Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,944 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Decorative Fireplace
  • French Doors
  • Open Floorplan
  • Views of Trees

Kitchen

  • Built-In Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 3 Car Detached Garage
  • Open Parking

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Wrap Around Porch
  • Patio
  • Shed
  • Outbuilding

Utilities

  • Central Air
  • Heating Available
  • Well
  • Water Purifier
  • Water Softener
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,952

Year Built

Built in 1989 | Newly Remodeled

Lot Details

0

Listing Details

  • Architectural Style: Georgian, Traditional
  • Co List Office Mls Id: 279000060
  • Co List Office Phone: 772-283-2800
  • Directions: Citrus Blvd, south from Martin Hwy, right on Ludlum Street to property at end on left.
  • Garage Yn: Yes
  • Lot Size: 16
  • 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: Private Road
  • Building Stories: 2
  • Subdivision Name: Palm City Farms
  • Year Built: 1989
  • Year Built Details: New
  • Ownership: Fee Simple
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Refrigerator, Water Softener, Water Purifier, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Bathtub, Cathedral Ceiling(s), French Door(s)/Atrium Door(s), Fireplace, Kitchen Island, Kitchen/Dining Combo, Living/Dining Room, Pantry, Separate Shower, Upper Level Master, Walk-In Closet(s)
  • Living Area: 3944.0
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Direction Faces: Southeast
  • Disclosures: None
  • Exterior Features: Balcony, Fence, Fruit Trees, Patio, Shed
  • Fencing: Yard Fenced
  • Other Structures: Guest House, Outbuilding, Shed(s)
  • Patio And Porch Features: Balcony, Covered, Patio, Wrap Around
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Property Condition: New Construction
  • Roof: Metal
  • View: Trees/Woods
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Detached, Garage, Open
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Fenced, Gated Community
  • 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

Lot Info

  • Horse Amenities: Barn
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6952.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2022
Closed on
Feb 22, 2022
Sold by
Matthew Cooper
Bought by
Jansen Matthew Peter and Jansen Elizabeth Jordan
Seller's Agent
Mallory Hughes
Compass Florida LLC
Buyer's Agent
Jason Flannery
Illustrated Properties LLC
List Price
$2,250,000
Sold Price
$2,205,000
Premium/Discount to List
-$45,000
-2%
Current Estimated Value
$2,454,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,343
Avg. Annual Appreciation
2.85%
Original Mortgage
$1,836,000
Outstanding Balance
$1,708,108
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$729,462

Purchase Details

Listed on
Apr 15, 2021
Closed on
Jun 24, 2021
Sold by
Heath Anthony and Heath Kelly
Bought by
Cooper Matthew
Seller's Agent
Joan Rogers
Berkshire Hathaway Florida Realty
List Price
$1,850,000
Sold Price
$1,750,000
Premium/Discount to List
-$100,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.70%
Original Mortgage
$1,400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2008
Sold by
Miller Bruce R and Miller Isabelle F
Bought by
Partin Stephen C and Partin Alison A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$821,750
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2005
Sold by
Wallace Roy A
Bought by
Partin Stephen C and Partin Alison A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 10, 2005
Sold by
Wallace Roy A
Bought by
Miller Bruce R and Miller Isabelle F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2003
Sold by
Wallace Roy A and Wallace Ginger T
Bought by
Partin Stephen C and Partin Alison A

Purchase Details

Closed on
Jun 19, 2001
Sold by
James D Grisebaum M and James Anita P
Bought by
Wallace Roy A and Wallace Ginger T
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 Type Sale Price Title Company
Warranty Deed $2,205,000 Falk Allen
Warranty Deed $2,205,000 Falk Allen
Warranty Deed $1,750,000 Trident Title
Warranty Deed $865,000 Attorney
Deed $850,000 --
Warranty Deed $850,000 --
Deed -- --
Warranty Deed $548,214 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,836,000 New Conventional
Closed $1,836,000 New Conventional
Previous Owner $1,400,000 New Conventional
Previous Owner $821,750 Purchase Money Mortgage
Previous Owner $840,000 Unknown
Previous Owner $600,000 Credit Line Revolving
Previous Owner $680,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $2,205,000 -2.0% $559 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/08/2022 01/08/22 For Sale $2,250,000 +28.6% $570 / Sq Ft
07/01/2021 07/01/21 Sold $1,750,000 -5.4% $444 / Sq Ft
06/01/2021 06/01/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $1,850,000 +121.3% $469 / Sq Ft
03/12/2018 03/12/18 Sold $836,000 -12.0% $212 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
05/12/2017 05/12/17 For Sale $950,000 -- $241 / 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 $25,416 $1,602,980 $600,000 $1,002,980
2024 $25,037 $1,560,776 -- --
2023 $25,037 $1,515,317 $0 $0
2022 $21,945 $1,294,300 $532,500 $761,800
2021 $7,859 $472,434 $0 $0
2020 $7,739 $466,098 $0 $0
2019 $9,782 $576,315 $0 $0
2018 $7,496 $449,270 $0 $0
2017 $6,750 $440,030 $0 $0
2016 $6,952 $430,980 $202,110 $228,870
2015 -- $429,440 $202,110 $227,330
2014 -- $446,330 $209,550 $236,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20005295

Martin County REALTORS® of the Treasure Coast

APN: 03-39-40-000-057-00000-8