$410,000
SOLD MAR 29, 2024

5951 SW Saddlebrook Ln Palm City, FL 34990

5.04 Acres
$81,430 Price per Acre
219,325 Sq Ft Lot

Recently Sold

46 Days on Market

Highlights

  • Gated Community
  • Citrus Grove Elementary School Rated A-
  • 5.04 Acre Lot

About This Lot

As of March 2024

Build the home and lifestyle of your dreams in a beautiful natural setting while nestled amongst multi-million dollar custom homes. Meadow Run is a picturesque gated equestrian community located in Palm City Farms and comprised of 90 homesites that are 5+ acres each. Bring your horses and your plans to build a one-of-a-kind custom home (must be a minimum of 3,000 square feet) Feels like a world away even though you are within close proximity to all of the fabulous amenities Palm City has to offer including "A" rated Martin County schools, shopping, dining, parks, boating and golf with easy access to I-95 and the Florida Turnpike.

Last Agent to Sell the Property

Sara Crombie

Compass Florida LLC Brokerage Phone: 772-631-0960 License #3228232 Listed on: 01/07/2024

Compass Florida LLC

Last Buyer's Agent

Elwin Morgan

E.R. Morgan Realty Inc. License #3052230

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,044

Lot Details

  • 5.04 Acre Lot
  • Property fronts a private road

HOA Fees

  • $165 Monthly HOA Fees

Schools

  • Citrus Grove Elementary School
  • Hidden Oaks Middle School
  • South Fork High School

Utilities

  • Well
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas
  • Association Phone (772) 234-8900

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$3,044

Lot Details

0

HOA Fees

$165 per month

Listing Details

  • Directions: Take I-95 or the Florida Turnpike to the Palm City exit. Take 714 west, then south on Citrus to Meadow Run on left.
  • Lot Size Acres: 5.035
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Land
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Meadow Run
  • Ownership: Fee Simple
  • Attribution Contact: 772-631-0960
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Cable Available, Electricity Available, None, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 165.0
  • Phone: 772-234-8900
  • Association: Yes
  • Community Features: Gated

Fee Information

  • Association Fee Includes: Association Management, Common Areas

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3044.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2024
Closed on
Mar 29, 2024
Sold by
Ram S Arya Family Wealth Trust and Arya Ram S
Bought by
Safferman Allan and Safferman Merrill E
Seller's Agent
Sara Crombie
Compass Florida LLC
Buyer's Agent
Elwin Morgan
E.R. Morgan Realty Inc.
List Price
$425,000
Sold Price
$410,000
Premium/Discount to List
-$15,000
-3.53%
Views
219
Current Estimated Value
$534,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,004
Avg. Annual Appreciation
19.69%

Purchase Details

Closed on
Feb 27, 2023
Sold by
Santosh Arya Family Wealth Trust
Bought by
Ram S Arya Family Wealth Trust

Purchase Details

Closed on
Dec 20, 2021
Sold by
Rapt Investments Llc
Bought by
Arya Ram S and Arya Santosh

Purchase Details

Closed on
Dec 18, 2019
Sold by
P City Holdings Llc
Bought by
Rapt Investments Llc

Purchase Details

Closed on
Oct 23, 2012
Sold by
Arya Santosh and Arya Ram S
Bought by
P City Holdings Llc

Purchase Details

Closed on
Aug 7, 2006
Sold by
Tousa Homes Inc
Bought by
Meadow Run At Palm City Llc

Purchase Details

Closed on
Mar 24, 2006
Sold by
Meadow Run At Palmcity Llc
Bought by
Arya Ram S and Arya Santosh
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 $410,000 None Listed On Document
Warranty Deed -- --
Warranty Deed $100 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed -- Attorney
Warranty Deed $227,400 Attorney
Warranty Deed $445,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $410,000 -3.5% --
01/07/2024 01/07/24 For Sale $425,000 -- --
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 $4,159 $375,000 $375,000 --
2024 $3,889 $206,305 -- --
2023 $3,889 $187,550 $0 $0
2022 $3,044 $170,500 $0 $0
2021 $2,683 $155,000 $155,000 $0
2020 $2,618 $150,000 $150,000 $0
2019 $2,140 $125,000 $125,000 $0
2018 $1,945 $115,000 $115,000 $0
2017 $1,702 $105,000 $105,000 $0
2016 $1,677 $112,500 $112,500 $0
2015 $1,273 $85,000 $85,000 $0
2014 $1,273 $82,830 $82,830 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20042651

Martin County REALTORS® of the Treasure Coast

APN: 47-38-41-002-000-00720-0