NOT LISTED FOR SALE

6050 SW Secretariat Dr Palm City, FL 34990

Estimated Value: $426,745

20.88 Acres
$20,438 Price per Acre
909,533 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $248,000

Est. 72% increase in value since last sale

Current estimated payment $2,427/month

129 Days on Market

Highlights

  • Waterfront
  • 20.88 Acre Lot
  • Brush Vegetation
  • South Fork High School Rated A-
  • Interior Lot

About This Lot

As of May 2020

20.88 Acres in DRESSAGE ESTATES aka Martin Arbors in Palm City, FL. Equestrian subdivision is at corner of I95 and Rt 714 which is Martin Hwy, and only 6 miles west of Palm City shopping and restaurants. Roads are paved and underground electric. Build your home 3200 min. and barn, have cattle, ponies or horses. HOA is 89 per month and payable quarterly at 265 per quarter. In Martin County. Close to I95. Known for great Schools. Call for HOA info. and aerials. Live the Country Lifestyle and still be close to shopping, beaches, golf course and great restaurants. LOT 45 has Pond!

Last Agent to Sell the Property

Scott McAllister

Atlantic Shores ERA Powered License #3286234 Listed on: 12/05/2019

Last Buyer's Agent

Scott McAllister

Atlantic Shores ERA Powered License #3286234 Listed on: 12/05/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $219

Lot Details

  • 20.88 Acre Lot
  • Waterfront
  • Brush Vegetation
  • Interior Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned Vac resi

HOA Fees

  • $89 Monthly HOA Fees

Community Details

  • Dressage Estates Aka Mart Subdivision

Listing and Financial Details

  • Assessor Parcel Number 303840001000004500

Property Details

Property Type

Land

Est. Annual Taxes

$219

Lot Details

0

HOA Fees

$89 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Martin Hwy to first left after I95, Green Farm Lane then drive to first right and go to gates.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Interior Lot
  • Road Surface Type: Paved
  • Waterfront: Yes
  • Disclosures: Seller Disclosure

Condo/Co-op/Association

  • Association Fee: 89.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 303840001000004500
  • Development Status: Site Plan Filed
  • Lot Size Acres: 20.88
  • Lot Size: 20.88 acres
  • Lot Size Sq Ft: 909532.0
  • Zoning Description: Vac resi
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 89.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2022
Sold by
George Lombardi
Bought by
George Lombardi Revocable Trust
Current Estimated Value
$426,745

Purchase Details

Listed on
Dec 5, 2019
Closed on
May 15, 2020
Sold by
Mw Martin Arbors Lot 45 Llc
Bought by
Lombardi George
Seller's Agent
Scott McAllister
Atlantic Shores ERA Powered
Buyer's Agent
Scott McAllister
Atlantic Shores ERA Powered
List Price
$259,000
Sold Price
$248,000
Premium/Discount to List
-$11,000
-4.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Dressage Holding Co Llc
Bought by
Mw Martin Arbors Lot 45 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
6.19%
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
George Lombardi Revocable Trust -- Sundheim Sandra L
Lombardi George $248,000 Attorney
Mw Martin Arbors Lot 45 Llc $600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mw Martin Arbors Lot 45 Llc $2,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $248,000 -4.2% --
04/15/2020 04/15/20 Pending -- -- --
12/07/2019 12/07/19 For Sale $259,000 -- --
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 $219 $14,484 -- --
2024 $207 $13,150 -- --
2023 $207 $12,410 $0 $0
2022 $363 $21,790 $0 $0
2021 $87 $5,010 $5,010 $0
2020 $87 $5,010 $0 $0
2019 $89 $5,010 $0 $0
2018 $88 $5,010 $0 $0
2017 $2,821 $167,040 $167,040 $0
2016 $85 $5,010 $0 $0
2015 $82 $5,010 $0 $0
2014 $82 $5,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10583645

BeachesMLS

APN: 30-38-40-001-000-00450-0