Check Availability

5541 Southwest Markel Street

5541 Southwest Markel Street, Palm City, FL 34990
Property in Indiantown
Sold Feb 07, 2011
$377,000
$207,000 by Seacoast National Bank
Mortgage Due Mar 01, 2026
Sold Oct 30, 1995
$140,000
$112,000 by First Union National Bank
Mortgage
5541 Southwest Markel Street in Palm City, FL was first built in 1988 and is 36 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 5541 Southwest Markel Street has 3,060 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 217,800 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 625 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 frame 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 wood siding. 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, 5541 Southwest Markel Street was last sold in Feb 4, 2011 for $377,000. According to our calculations, that's $102.31 per sqft. Prior to that sales transaction, the property was sold for $140,000 in Jan 1, 1970. Current property owners are expected to pay $5,707 in taxes per year. The property on 5541 Southwest Markel Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $370,328. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 625
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 3,685
  • Gross Building Area: 3,685
  • Building Area: 3,060
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,060
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM CITY FARMS
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALM CITY FARMS W1/2 OF TRACT 60

Ownership

  • Current Owner : BOND JONATHAN
  • Previous Owner : DOYLE DEBORAH C
  • Owner Before Previous Owner: DELUCA CHARLES N
  • Owner Before Previous Owner 2: DELUCA SYLVIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A2

Geography

  • Assessors Map Reference: K-V
  • Subdivision Tract Number: 60
  • Parcel: 34-38-40-000-060-00010-7
  • Block: 60
  • Lot: 1
  • Meridian: SEC 34 TWN 38S RNG 40E
  • Latitude: 27.1192
  • Longitude: -80.3287

    Address

  • Full Address: 5541 Sw Markel St
  • Address - House Number: 5541
  • Street Direction: SW
  • Address - Street Name: Markel
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palm City
  • Carrier Code: R008
  • 4-Digit Zip Code: 5118
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,707
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 1,044,040
  • High Value: 1,231,220
  • Low Value: 856,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,000
  • First Open Lien Mortgage Lender: SEACOAST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Feb 07, 2011
  • First Open Lien Mortgage Loan Amount: $207,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2026

    Market Valuation

  • Market Total Value: $807,630
  • Market Land Value: $295,000
  • Market Improvement Value: $512,630

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $370,328

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2011
  • Current Sale Recording Date: Feb 07, 2011
  • Current Sale Transaction ID: 11453092167
  • Current Sale Price: $377,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2257987
  • Previous Sale Recording Date: Oct 30, 1995
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SEACOAST NATIONAL BANK
  • First Mortgage Transaction Date: Feb 07, 2011
  • First Mortgage Loan Amount: $207,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2026

    Previous Mortgages

  • Previous Mortgage Lender: FIRST UNION NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 30, 1995
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $112,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Martin



Similar Buildings

Property at 5541 Southwest Markel Street,

6819 Southwest Citrus Boulevard

  • 1 Unit for Sale
  • 1 Story
6819 Southwest Citrus Boulevard, Palm City, FL 34990
Property at 5541 Southwest Markel Street,

5225 Southwest Ludlum Street

  • 1 Unit for Sale
  • 1 Story
5225 Southwest Ludlum Street, Palm City, FL 34990
Property at 5541 Southwest Markel Street,

4750 Southwest Pentalago Place

  • 1 Unit for Sale
4750 Southwest Pentalago Place, Palm City, FL 34990
Property at 5541 Southwest Markel Street,

6100 Southwest Pentalago Circle

  • 1 Unit for Sale
6100 Southwest Pentalago Circle, Palm City, FL 34990

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5541 Southwest Markel Street located in?
The 5541 Southwest Markel Street is a located in the neighborhood of Indiantown in Martin, Palm City.
What is the average sales price for listings in 5541 Southwest Markel Street?
The average sales price for units in 5541 Southwest Markel Street is $0 currently.

Quantcast