$1,750,000
SOLD JUL 1, 2021

5906 SW Ludlum St Palm City, FL 34990

5 Beds
5 Baths
3,944 Sq Ft
10 Acres

Recently Sold

$444 Per Sq Ft

5% Below List Price

Highlights

  • Guest House
  • Barn
  • Boarding Facilities
  • South Fork High School Rated A-
  • Stables
  • Heated In Ground Pool

About This Home

As of February 2022

Charleston Inspired Country Estate on 10 private, beautifully manicured park-like acres. This enchanting property underwent a total remodel in 2019. The 3 bdrm, 3 bath main home, features a spacious living room with soaring ceilings, fireplace, Oak floors & french doors leading to the covered porch & beautiful pool area. Fabulous center island kitchen with Quartz countertops, Wolf 6 burner gas cooktop, Sub-Zero refrigerator, double wall ovens & ice maker. There are 2 bdrms & 2 baths downstairs, & the entire upstairs is the Owner's suite with loft living area, bedroom & bath. The 2/2 guest house has living areas, kitchen, porches & patios as well as a separate drive & parking. The home nestles around the heated pool with paver patio & covered porches. There is a detached 3 car garage, whole house generator, 2 stall center aisle barn with A/C'd tack/feed room & covered trailer parking, and a 3 run A/C'd kennel. Main home has new roof, HVAC & water system. Too many updates to list!

Last Agent to Sell the Property

Joan Rogers

Berkshire Hathaway Florida Realty License #665096 Listed on: 04/15/2021

Berkshire Hathaway Florida Realty

Co-Listed By

Marianne Windridge

Berkshire Hathaway Florida Realty License #629929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,739

Year Built

  • Built in 1989

Lot Details

  • 10 Acre Lot
  • Fenced Yard
  • Fruit Trees

Parking

  • 3 Car Detached Garage

Property Views

  • Views of Preserve
  • Trees
  • Pool

Home Design

  • Georgian Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 3,944 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Cathedral Ceiling
  • Gas Fireplace
  • French Doors
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 5 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

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

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Stables

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Purifier
  • Water Softener
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,739

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Architectural Style: Georgian
  • Co List Office Mls Id: 279000060
  • Co List Office Phone: 772-283-2800
  • Directions: South on Citrus from Martin Hwy. Right on Ludlum to property at end on left.
  • Garage Yn: Yes
  • Lot Size Acres: 10.0
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Public Road
  • Building Stories: 2
  • Subdivision Name: Palm City Farms
  • Year Built: 1989
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Gas Range, Microwave, Refrigerator, Water Softener, Water Purifier, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Vinyl, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Bathtub, Closet Cabinetry, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Kitchen Island, Living/Dining Room, Pantry, Sitting Area in Master, Split Bedrooms, 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
  • Exterior Features: Balcony, Fence, Fruit Trees, Porch, Patio, Shed
  • Fencing: Yard Fenced
  • Other Structures: Guest House, Outbuilding, Stable(s), Shed(s)
  • Patio And Porch Features: Balcony, Covered, Open, Patio, Porch, Wrap Around
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Roof: Metal
  • View: Pool, Preserve, Trees/Woods
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Sewer: Septic Tank
  • Utilities: Electricity Available, 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: Boarding Facilities, Stable(s), Tack Room, Barn, Horses Allowed
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7739.0
  • Tax Year: 2020

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
3.06%
Original Mortgage
$1,836,000
Outstanding Balance
$1,708,108
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$746,235

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: M20028583

Martin County REALTORS® of the Treasure Coast

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