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4690 Southwest Hammock Creek Drive

4690 Southwest Hammock Creek Drive, Palm City, FL 34990
Property in Palm City
Sold Oct 30, 2020
$525,000
$485,000 by Sprout Mortgage Llc
Mortgage Due Nov 01, 2050
Sold May 05, 2017
$427,000
$405,650 by The Mortgage Firm Inc
Mortgage Due May 01, 2047
4690 Southwest Hammock Creek Drive in Palm City, FL was first built in 2001 and is 23 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 4690 Southwest Hammock Creek Drive has 2,816 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,763 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of concrete. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 672 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4690 Southwest Hammock Creek Drive was last sold in Oct 26, 2020 for $525,000. According to our calculations, that's $150.52 per sqft. Prior to that sales transaction, the property was sold for $427,000 in Apr 27, 2017. Current property owners are expected to pay $7,056 in taxes per year. The property on 4690 Southwest Hammock Creek Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $453,873. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 12,763
  • Total Building Area: 3,488
  • Gross Building Area: 3,488
  • Building Area: 2,816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HAMMOCK CREEK
  • Land Acres: 0.293
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 12 PLAT 4 HAMMOCK CREEK (PUD) (PB 14 PG 76)

Ownership

  • Current Owner : PALERMO JOSEPH
  • Current Owner 2: PALERMO ESZTER
  • Previous Owner : JACOBS ANDREW JUSTIN
  • Previous Owner 2: JACOBS TIANA WIGINTON
  • Owner Before Previous Owner: CAM REAL ESTATE XVI LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 000604

Zoning

  • Zoning: PUDR

Geography

  • Assessors Map Reference: K-24B
  • Parcel: 24-38-40-003-000-00120-0
  • Lot: 12
  • Meridian: SEC 24 TWN 38S RNG 40E
  • Latitude: 27.1507
  • Longitude: -80.2945

    Address

  • Full Address: 4690 Sw Hammock Creek Dr
  • Address - House Number: 4690
  • Street Direction: SW
  • Address - Street Name: Hammock Creek
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Palm City
  • Carrier Code: R027
  • 4-Digit Zip Code: 7935
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,056
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 816,950
  • High Value: 983,659
  • Low Value: 650,240

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $485,000
  • First Open Lien Mortgage Lender: SPROUT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 30, 2020
  • First Open Lien Mortgage Loan Amount: $485,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2050

    Market Valuation

  • Market Total Value: $697,370
  • Market Land Value: $305,000
  • Market Improvement Value: $392,370

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $453,873

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2020
  • Current Sale Recording Date: Oct 30, 2020
  • Current Sale Transaction ID: 11801820716
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2847158
  • Previous Sale Recording Date: May 05, 2017
  • Previous Sale Contract Date: Apr 27, 2017
  • Previous Sale Amount: $427,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SPROUT MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 30, 2020
  • First Mortgage Loan Amount: $485,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: THE MORTGAGE FIRM INC
  • Previous Mortgage Transaction Date: May 05, 2017
  • Previous Mortgage Loan Amount: $405,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

About Palm City



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Frequently Asked Questions

What neighborhood is 4690 Southwest Hammock Creek Drive located in?
The 4690 Southwest Hammock Creek Drive is a located in the neighborhood of Palm City in Palm City, Palm City.
What is the average sales price for listings in 4690 Southwest Hammock Creek Drive?
The average sales price for units in 4690 Southwest Hammock Creek Drive is $0 currently.

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