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5537 Southwest Longspur Lane

5537 Southwest Longspur Lane, Palm City, FL 34990
House in Palm City
Sold Dec 12, 2018
$489,900
$384,000 by Stifel Bank & Trust
Mortgage Due Dec 01, 2051
Sold Sep 19, 2013
$390,000
$370,500 by Seacoast National Bank
Mortgage Due Oct 01, 2043
5537 Southwest Longspur 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 2006 and is 18 years old. The home has a total of 7 rooms. 5 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, 5537 Southwest Longspur Lane has 3,903 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 11,238 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 attached garage for those who require parking. The garage measured 683 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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. The building has a gable or hip style roof made of concrete. 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. Finally, the property is currently sourcing its water from none system. The property was last sold in Dec 10, 2018 for $489,900. That's $106.83 per sqft. Prior to that sales transaction, the property was also sold in Sep 13, 2013 for $390,000. 5537 Southwest Longspur Lane was last assessed in 2023. The total value of the property was assessed at $668,809. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $10,529. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 683
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,238
  • Total Building Area: 4,586
  • Gross Building Area: 4,586
  • Building Area: 3,903
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,903
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: HIGHLANDS RESERVE
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 99 HIGHLANDS RESERVE PUD (PB 16 PG 18)

Ownership

  • Current Owner : HOTCHKISS JAMES L
  • Previous Owner : FLIPPO BRADLEY
  • Previous Owner 2: FLIPPO MARY E
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

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

Zoning

  • Zoning: PUDR

Geography

  • Parcel: 45-38-41-001-000-00990-0
  • Lot: 99
  • Meridian: SEC 45 TWN 38S RNG 41E
  • Latitude: 27.1375
  • Longitude: -80.2842

    Address

  • Full Address: 5537 Sw Longspur Ln
  • Address - House Number: 5537
  • Street Direction: SW
  • Address - Street Name: Longspur
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Palm City
  • Carrier Code: R027
  • 4-Digit Zip Code: 8837
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,529
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.2021
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 72
  • Final Value: 1,019,623
  • High Value: 1,225,768
  • Low Value: 813,477

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $484,000
  • First Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • First Open Lien Mortgage Recording Date: Dec 06, 2021
  • First Open Lien Mortgage Loan Amount: $384,000
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: STIFEL BANK & TRUST
  • Second Open Lien Mortgage Recording Date: Jun 02, 2022
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 15, 2032

    Market Valuation

  • Market Total Value: $710,650
  • Market Land Value: $215,000
  • Market Improvement Value: $495,650

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $668,809

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2018
  • Current Sale Recording Date: Dec 12, 2018
  • Current Sale Transaction ID: 11546846931
  • Current Sale Price: $489,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2729507
  • Previous Sale Recording Date: Sep 19, 2013
  • Previous Sale Contract Date: Sep 13, 2013
  • Previous Sale Amount: $390,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STIFEL BANK & TRUST
  • First Mortgage Transaction Date: Dec 12, 2018
  • First Mortgage Loan Amount: $391,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SEACOAST NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 19, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $370,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Palm City



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Frequently Asked Questions

What neighborhood is 5537 Southwest Longspur Lane located in?
The 5537 Southwest Longspur Lane is a house located in the neighborhood of Palm City in Palm City, Palm City.
What is the average sales price for listings in 5537 Southwest Longspur Lane?
The average sales price for units in 5537 Southwest Longspur Lane is $0 currently.

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