NOT LISTED FOR SALE

Palm City, FL 34990

Estimated Value: $1,479,000 - $2,075,000

5 Beds
5 Baths
4,834 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 04, 2013

Last sale price $1,125,000 $233 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $11,133/month

Highlights

  • Property has ocean access
  • Boat Dock
  • Home fronts navigable water
  • Palm City Elementary School Rated A-
  • Guest House
  • Heated In Ground Pool

About This Home

As of December 2013

Superb waterfront home designed to reflect the classic "Key West" architectural allure. Light & bright spacious floorplan. Custom, high quality finishes begin as you enter to volume ceilings and teak floors accented by a handcrafted "compass" medallion. Spacious kitchen/family room. French doors lead to a magnificent pool/patio area with scenic views of a protected, deep-water tributary. Hardi plank siding. Fabulous 1st floor master suite w/sitting rm. Large 2nd floor BRs & den/office. 1 BR guest house over garage. Beautifully landscaped. Meticulously maintained. Lrg dock for 50 footer & 12,000lb lift. Ocean access. Generator. Close to I95 and Turnpike for easy commute. Too many high quality features to detail. Call for complete list and photo brochure.

Last Agent to Sell the Property

Leon Abood

One Sotheby's International Realty License #370222 Listed on: 08/12/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,849

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 224x123x225x138
  • Home fronts navigable water
  • Property fronts a private road
  • Fenced
  • Sprinkler System

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Frame Construction
  • Flat Tile Roof
  • Concrete Siding
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 4,834 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Intercom
  • Fire and Smoke Detector

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Property has ocean access
  • Canal Access

Additional Homes

  • Guest House

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

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

Community Details

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,849

Year Built

Built in 1998

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Architectural Style: Florida
  • Directions: Mapp Rd South to Falcon, left then right on Anhinga to 3 way stop. Straight.
  • Garage Yn: Yes
  • Lot Size: 224x123x225x138
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: FOUR RIVERS
  • Year Built: 1998
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener, Water Purifier, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Possible Bedrooms: 6
  • Total Bedrooms: 5
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Living/Dining Room, Intercom
  • Living Area: 4834.0
  • Other Equipment: Intercom
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Frame, Concrete, Vinyl Siding
  • Disclosures: Seller Disclosure
  • Exterior Features: Fence, Sprinkler/Irrigation, Outdoor Shower
  • Lot Features: Sprinklers Automatic
  • Other Structures: Guest House
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Roof: Flat Tile
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Deep Water, Navigable Water, Ocean Access, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Parking Features: Detached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Sewer Available, Septic Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 81.0
  • Association: Yes
  • Community Features: Dock
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Zoning Description: RES
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 12849.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2013
Closed on
Dec 4, 2013
Sold by
Wood Nancy L
Bought by
Freed Christopher P and Freed Lavonne
Seller's Agent
Leon Abood
One Sotheby's International Realty
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Current Estimated Value
$1,832,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,924
Avg. Annual Appreciation
4.43%
Original Mortgage
$959,850
Outstanding Balance
$720,360
Interest Rate
4.16%
Mortgage Type
VA
Estimated Equity
$1,155,860

Purchase Details

Closed on
Nov 15, 2002
Sold by
Simons Frank and Simons Joanne C
Bought by
Wood Ii Donald M and Wood Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$990,000
Interest Rate
6.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 9, 1998
Sold by
Sweeney Edward A
Bought by
Simons Frank and Simons Joanne C

Purchase Details

Closed on
Oct 3, 1997
Sold by
Sweeney Edward A
Bought by
Simons Frank and Simons Joanne C
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
Freed Christopher P $1,125,000 Attorney
Wood Ii Donald M $1,300,000 --
Simons Frank $100 --
Simons Frank $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freed Christopher P $189,245
Open Freed Christopher P $959,850
Previous Owner Wood Ii Donald M $990,000
Previous Owner Simons Frank $100,000
Previous Owner Simons Frank $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2013 12/04/13 Sold $1,125,000 -10.0% $233 / Sq Ft
11/04/2013 11/04/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $1,250,000 -- $259 / 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 $16,458 $1,045,107 -- --
2024 $16,200 $1,015,654 -- --
2023 $16,200 $986,072 $0 $0
2022 $15,481 $946,885 $0 $0
2021 $15,593 $919,306 $0 $0
2020 $15,428 $906,614 $0 $0
2019 $15,259 $886,230 $360,000 $526,230
2018 $15,069 $880,270 $337,500 $542,770
2017 $14,036 $871,538 $0 $0
2016 $14,137 $853,612 $0 $0
2015 $13,443 $847,678 $0 $0
2014 $13,443 $840,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leon Abood

    One Sotheby's International Realty

    (772) 521-8008

    6 in this area

    47 Total Sales

    Leon Abood
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Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M371132

Martin County REALTORS® of the Treasure Coast

APN: 42-38-41-001-000-00430-5

Florida Martin County Palm City

34990

This home since 12 August 2013 and is currently estimated at $1,832,924, approximately $379 per square foot. This property was built in 1998. This home is a home located in Martin County with nearby schools including Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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