NOT LISTED FOR SALE

6575 SW Gator Trail Palm City, FL 34990

Estimated Value: $947,000 - $1,135,000

4 Beds
4 Baths
2,100 Sq Ft
$493/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $835,000 $398 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,240/month

Highlights

  • Barn
  • Stables
  • 8.23 Acre Lot
  • Citrus Grove Elementary School Rated A-
  • Boarding Facilities
  • High Ceiling

About This Home

As of January 2022

Your equestrian property awaits you. BEAUTIFUL 8.25 acres on Bessey Creek in Palm City Farms. Gator Trail is one of the best streets to live on; in ALL of Martin County. This property has good bones in the 4 buildings that are here. The main house is approx. 2,100 sq ft with 2 screened porches with a 1/1 guest home. The 5 stall barn has a tack room and each stall is 10x12 with sand floors. There are 2 man caves. The first is a 40'x60' metal building and the second is a 26'x88' CBS structure. Previously was a dog breeding kennel. The pastures are fenced and cross-fenced and are watered by an inoperable sprinkler system with the water source from the lake. Everything is here to make a great estate.

Last Agent to Sell the Property

Michael Bouse

Berkshire Hathaway Florida Realty License #3045553 Listed on: 08/26/2021

Berkshire Hathaway Florida Realty

Last Buyer's Agent

Erna Friedel

Berkshire Hathaway Florida Realty License #3078760

Berkshire Hathaway Florida Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,197

Year Built

  • Built in 1980

Lot Details

  • 8.23 Acre Lot
  • Property fronts a county road
  • South Facing Home
  • Fenced
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 12 Car Garage

Home Design

  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Open Floorplan
  • Screened Porch
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Outdoor Features

  • Boarding Facilities
  • Balcony
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding

Schools

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

Farming

  • Barn

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Tack Room
  • Hay Storage
  • Stables

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,197

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Architectural Style: Multi-Level, Ranch
  • Directions: Hwy 714 west. North on Boat Ramp Road. West on Gator Trail.
  • Garage Yn: Yes
  • Unit Levels: Multi/Split
  • Lot Size Acres: 8.23
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Palm City Farms
  • Year Built: 1980
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Range, Refrigerator
  • Full Bathrooms: 4
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Family/Dining Room, High Ceilings, Living/Dining Room, Split Bedrooms
  • Living Area: 2100.0
  • Stories: 2

Exterior Features

  • Construction Type: Frame
  • Direction Faces: South
  • Disclosures: Agricultural Exemption
  • Exterior Features: Balcony, Fence, Sprinkler/Irrigation, Patio, Room For Pool, Shed
  • Lot Features: Trees
  • Other Structures: Outbuilding, Stable(s), Shed(s), Workshop
  • Patio And Porch Features: Balcony, Covered, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 12.0
  • Parking Features: Garage, Truck Parking
  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: 220 Volts
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • 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

Schools

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

Lot Info

  • Horse Amenities: Boarding Facilities, Hay Storage, Other, Stable(s), Tack Room, Barn, Horses Allowed
  • Zoning Description: Agriculture A-2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 10197.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Jan 14, 2022
Sold by
Brown Sherie and Brown Ellis
Bought by
Sellards Robert A and Sellards Kelly Lane
Seller's Agent
Michael Bouse
Berkshire Hathaway Florida Realty
Buyer's Agent
Erna Friedel
Berkshire Hathaway Florida Realty
List Price
$1,000,000
Sold Price
$835,000
Premium/Discount to List
-$165,000
-16.5%
Current Estimated Value
$1,036,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$201,037
Avg. Annual Appreciation
5.95%
Original Mortgage
$440,000
Outstanding Balance
$416,581
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$619,456

Purchase Details

Closed on
Feb 4, 2021
Sold by
Hutta Debra Ann and The Walter M Alesi Revocable T
Bought by
Brown Sherie and Brown Ellis

Purchase Details

Closed on
Dec 16, 2020
Sold by
Alesi Walter M
Bought by
Brown Sherie and Brown Ellis

Purchase Details

Closed on
Nov 18, 2020
Sold by
Alesi Walter M and Alesi Barbara M
Bought by
Alesi Walter M and Alesi Debra Ann

Purchase Details

Closed on
Jul 19, 1993
Sold by
Merola Salvatore R and Merola Elsa
Bought by
Alesi Walter M and Alesi Barbara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.49%

Purchase Details

Closed on
May 27, 1992
Bought by
Alesi Walter M and Alesi Barbara M
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
Sellards Robert A $835,000 None Listed On Document
Sellards Robert A $835,000 None Listed On Document
Brown Sherie -- Arrow Title Services Inc
Brown Sherie $650,000 Arrow Title Services Inc
Alesi Walter M -- Accommodation
Walter M Alesi Revocable Trust $100 None Listed On Document
Alesi Walter M $248,000 --
Alesi Walter M $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sellards Robert A $440,000
Closed Sellards Robert A $440,000
Previous Owner Alesi Walter M $198,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2022 01/14/22 Sold $835,000 -16.5% $398 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $1,000,000 -- $476 / 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 $9,667 $619,896 -- --
2024 $9,501 $602,426 -- --
2023 $9,501 $584,880 $0 $0
2022 $15,185 $815,419 $0 $0
2021 $13,219 $741,290 $411,500 $329,790
2020 $10,197 $606,909 $0 $0
2019 $10,081 $593,262 $0 $0
2018 $9,832 $582,201 $0 $0
2017 $8,948 $570,227 $0 $0
2016 $4,243 $271,790 $0 $0
2015 $4,090 $266,700 $0 $0
2014 $4,090 $271,184 $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: M20030839

Martin County REALTORS® of the Treasure Coast

APN: 16-38-40-002-000-00070-5