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Off market
    • $689,400

    5020 SW Elk River Ct, Palm City, FL 34990

    4beds
    3baths
    2,815sqft
    SingleFamily
    Built in 1996
    0.36 Acres Lot
    $689,400 Zestimate®
    $245/sqft
    $4,729 Estimated rent

    Home value

    $689,400

    $655,000 - $724,000

    $4,729/mo

    Zestimate® history
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    $4,670/mo

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    $4,670/mo

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    What's special

    This home is a Real Estate Owned (REO)/Post Foreclosure. Once a lender has foreclosed on a property it is soon put up for public auction. If bids fall short of the asking price the bank will buy back the home and attempt to sell it on the open market. However, lenders are not real estate agents, meaning that they will often accept offers 30 to 60 percent less than market value!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Other
    Cooling
    • Central
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,815 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    • Has view: Yes
    • View description: Territorial
    Lot
    • Size: 0.36 Acres
    Details
    • Parcel number: 243840002000011800

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Roof: Tile
    Condition
    • Year built: 1996

    Community & HOA

    Location
    • Region: Palm City

    Financial & listing details

    • Price per square foot: $245/sqft
    • Tax assessed value: $606,880
    • Annual tax amount: $4,678

    Price history

    DateEventPrice
    8/7/2026Price change$720,000+6%$256/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20055327 Report a problem
    7/1/2026Price change$679,000-10.1%$241/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20055327 Report a problem
    5/21/2026Price change$755,000-1.8%$268/sqft
    Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20055327 Report a problem
    1/21/2026Listed for sale$769,000-0.8%$273/sqft
    Source: BeachesMLS #RX-11156389 Report a problem
    12/16/2025Listing removed$775,500$275/sqft
    Source: BeachesMLS #RX-11099544 Report a problem
    11/16/2025Price change$775,500-1.8%$275/sqft
    Source: BeachesMLS #RX-11099544 Report a problem
    9/5/2025Price change$789,899-0.8%$281/sqft
    Source: BeachesMLS #RX-11099544 Report a problem
    7/9/2025Listed for sale$795,900+218.4%$283/sqft
    Source: BeachesMLS #RX-11099544 Report a problem
    6/30/2010Sold$250,000-2%$89/sqft
    Source: Public Record Report a problem
    2/9/2010Sold$255,000-7.2%$91/sqft
    Source: Public Record Report a problem
    11/12/2009Price change$274,900-6.8%$98/sqft
    Source: foreclosure.com Report a problem
    9/20/2009Price change$295,000-4.8%$105/sqft
    Source: foreclosure.com Report a problem
    8/29/2009Price change$309,900-3.1%$110/sqft
    Source: foreclosure.com Report a problem
    7/3/2009Price change$319,900-44.4%$114/sqft
    Source: foreclosure.com Report a problem
    6/27/2009Listed for sale--
    Source: foreclosure.com Report a problem
    3/1/2006Sold$575,000+46.5%$204/sqft
    Source: Public Record Report a problem
    2/11/2005Sold$392,500+1.9%$139/sqft
    Source: Public Record Report a problem
    8/26/2004Sold$385,000+87.8%$137/sqft
    Source: Public Record Report a problem
    6/18/1997Sold$205,000$73/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,678 -0.6%$309,281 +2.9%
    2024$4,706 +2.1%$300,565 +3%
    2023$4,608 +3.8%$291,811 +3%
    2022$4,438 -0.1%$283,312 +3%
    2021$4,443 +2.4%$275,061 +1.4%
    2020$4,338 +1.3%$271,264 +2.3%
    2019$4,283 $265,165 +1.9%
    2018$4,283 +2.6%$260,220 +2.1%
    2017$4,174 +13.6%$254,868 +2.1%
    2016$3,675 $249,626 +0.7%
    2015$3,675 $247,891 +0.8%
    2014$3,675 $245,924 +1.5%
    2013-- $242,290 -8.1%
    2012-- $263,750 -7.4%
    2011-- $284,840 +12.4%
    2010-- $253,480 -17%
    2009-- $305,410 -18.9%
    2008-- $376,380 -7.3%
    2007$4,061 +3.4%$406,110 +3.4%
    2006$3,926 $392,620 +16.1%
    2005-- $338,260 +86.9%
    2004$2,872 $181,025
    2003$2,872 +2.2%$181,025 +2.4%
    2002$2,810 +1.5%$176,782 +1.6%
    2001$2,767 +2.9%$173,998 +3%
    2000$2,689 +3.6%$168,930 +2.7%
    1999$2,596 $164,489
    Find assessor info on the county website

    Neighborhood: 34990

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    Estimated market value
    $689,400
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    Estimated market value
    $689,400

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