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5100 Southwest Blue Sky Lane

5100 Southwest Blue Sky Lane, Palm City, FL 34990
House in Indiantown
Sold Aug 25, 2022
$2,060,000
Seller
$2,200,000 by Nichols Alex
Mortgage
Sold Jun 17, 2021
$1,450,000
$700,000 by The Frantom Family Trust
Mortgage Due Dec 16, 2021
5100 Southwest Blue Sky Lane has been categorized by the local assessors in Palm City, FL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5100 Southwest Blue Sky Lane has 5,235 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 303,613 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 944 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable or hip style roof made of metal. The exterior walls of the building are made of stucco. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in Aug 19, 2022 for $2,060,000. That's $393.51 per sqft. Prior to that sales transaction, the property was also sold in Jun 15, 2021 for $1,450,000. 5100 Southwest Blue Sky Lane was last assessed in 2023. The total value of the property was assessed at $1,858,800. Specifically, the land the property is located on was valued at $703,970. While improvements on the property were assessed at a total of $1,154,830. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $21,506. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Block Exterior

Facilities

Boat Slip

Parking

Detached Garage
RV Parking
Covered Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • 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: Metal
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 944
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 303,613
  • Total Building Area: 5,235
  • Gross Building Area: 5,235
  • Building Area: 5,235
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,235
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PALM CITY FARMS
  • Land Acres: 6.97
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM CITY FARMS SEC 28-38-40 N 460 OF TRACT 19

Ownership

  • Current Owner : 99 OVERSEAS LLC
  • Previous Owner : LEDIN
  • Previous Owner 2: AMY
  • Owner Before Previous Owner: 21ST MORTGAGE CORPORATION
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 001701

Zoning

  • Zoning: A2

Geography

  • Assessors Map Reference: K-VI
  • Subdivision Tract Number: 19
  • Parcel: 28-38-40-000-019-00000-7
  • Meridian: SEC 28 TWN 38S RNG 40E
  • Latitude: 27.1427
  • Longitude: -80.34

    Address

  • Full Address: 5100 Sw Blue Sky Ln
  • Address - House Number: 5100
  • Street Direction: SW
  • Address - Street Name: Blue Sky
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palm City
  • Carrier Code: R010
  • 4-Digit Zip Code: 8360
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,506
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 71
  • Final Value: 1,868,842
  • High Value: 2,262,138
  • Low Value: 1,475,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,200,000
  • First Open Lien Mortgage Lender: NICHOLS ALEX
  • First Open Lien Mortgage Recording Date: Aug 25, 2022
  • First Open Lien Mortgage Loan Amount: $2,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $1,858,800
  • Market Land Value: $703,970
  • Market Improvement Value: $1,154,830

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,858,800
  • Assessed Land Value: $703,970
  • Assessed Improvements Value: $1,154,830

    Sales

  • Current Sale Contract Date: Aug 19, 2022
  • Current Sale Recording Date: Aug 25, 2022
  • Current Sale Transaction ID: 11895606689
  • Current Sale Price: $2,060,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2977413
  • Previous Sale Recording Date: Jun 17, 2021
  • Previous Sale Contract Date: Jun 15, 2021
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NICHOLS ALEX
  • First Mortgage Transaction Date: Aug 25, 2022
  • First Mortgage Loan Amount: $2,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: THE FRANTOM FAMILY TRUST
  • Previous Mortgage Transaction Date: Jun 17, 2021
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 16, 2021

About Martin



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Frequently Asked Questions

What neighborhood is 5100 Southwest Blue Sky Lane located in?
The 5100 Southwest Blue Sky Lane is a house located in the neighborhood of Indiantown in Martin, Palm City.
What is the average sales price for listings in 5100 Southwest Blue Sky Lane?
The average sales price for units in 5100 Southwest Blue Sky Lane is $0 currently.

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