NOT LISTED FOR SALE

1245 SW 29th Terrace Palm City, FL 34990

Estimated Value: $196,407

0.16 Acre
$1,227,544 Price per Acre
7,318 Sq Ft Lot

Last Sold January 10, 2020

Last sale price $115,000

Est. 71% increase in value since last sale

Current estimated payment $1,150/month

57 Days on Market

About This Lot

As of January 2020

Bed & Breakfast, Business & Professional Offices, Commercial Amusements, Indoor, Financial Institutions, General Retail Sales & Service, Hotels, Medical Services, Parking Lots & Garages, Restaurants, Convenience, Trades & Skilled Services, Veterinary Medical Services, Residential & Limited Commercial, Apartment Hotels, Multi-family, Townhouse, Not-for-Profit. Subject to approval of Martin County. Learn more about the CRA: https://www.martin.fl.us/old-palm-city-community-redevelopment-area

Last Agent to Sell the Property

Glenn Schmidt

RE/MAX of Stuart Listed on: 10/14/2019

RE/MAX of Stuart

Last Buyer's Agent

Jessica Lemaster

Keller Williams Realty Of The Treasure Coast License #3230883

Keller Williams Realty Of The Treasure Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $774

Lot Details

  • 7,318 Sq Ft Lot
  • Site Plan Filed
  • Property is zoned Commerci

Location

  • City Lot

Community Details

  • Cleveland 2Nd Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 173841011002001000

Property Details

Property Type

Land

Est. Annual Taxes

$774

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: Right on
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Waterfront: No

Lot Info

  • Parcel #: 173841011002001000
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 7318.0
  • Zoning Description: Commerci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 774.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Jan 10, 2020
Sold by
Paraidse Rental Properties Llc
Bought by
Medalist Building Group Llc
Seller's Agent
Glenn Schmidt
RE/MAX of Stuart
Buyer's Agent
Jessica Lemaster
Keller Williams Realty Of The Treasure Coast
List Price
$125,000
Sold Price
$115,000
Premium/Discount to List
-$10,000
-8%
Current Estimated Value
$196,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,407
Avg. Annual Appreciation
9.69%

Purchase Details

Listed on
Feb 14, 2018
Closed on
Sep 25, 2018
Sold by
Hyatt Holly Anne and Vansickle Mark Van
Bought by
Paradise Rental Properties Llc
Seller's Agent
Glenn Schmidt
RE/MAX of Stuart
Buyer's Agent
Glenn Schmidt
RE/MAX of Stuart
List Price
$150,000
Sold Price
$108,000
Premium/Discount to List
-$42,000
-28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Sep 19, 2013
Sold by
Petrella Alexandria
Bought by
Petrella Alexandria

Purchase Details

Closed on
Dec 27, 2010
Sold by
Petrella George and Petrella Alexandra
Bought by
Petrella Alexandra

Purchase Details

Closed on
Aug 10, 2004
Sold by
Rognsvoog Polly Ann and Rognsvoog Peter
Bought by
Petrella George and Petrella Alexandra
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Medalist Building Group Llc $115,000 South Florida Title Svcs Inc
Paradise Rental Properties Llc $108,000 Attorney
Petrella Alexandria $100 --
Petrella Alexandra -- Attorney
Petrella George $180,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/10/2020 01/10/20 Sold $115,000 -8.0% --
12/11/2019 12/11/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $125,000 +15.7% --
09/27/2018 09/27/18 Sold $108,000 -28.0% -- View Prior Sale
08/28/2018 08/28/18 Pending -- -- --
02/11/2018 02/11/18 For Sale $150,000 -- --
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,349 $85,500 $85,500 --
2024 $1,293 $80,259 -- --
2023 $1,293 $72,963 $0 $0
2022 $1,140 $66,330 $0 $0
2021 $1,044 $60,300 $60,300 $0
2020 $776 $44,480 $44,480 $0
2019 $786 $44,480 $44,480 $0
2018 $774 $50,000 $50,000 $0
2017 $640 $40,000 $40,000 $0
2016 $598 $38,000 $38,000 $0
2015 $489 $35,000 $35,000 $0
2014 $489 $33,000 $33,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Glenn Schmidt

    Seller's Agent in 2020

    Glenn Schmidt

    RE/MAX

    (772) 486-3900

    24 in this area

    76 Total Sales

    Glenn Schmidt
    Section Image
  • Jessica Lemaster

    Buyer's Agent in 2020

    Jessica Lemaster

    Keller Williams Realty Of The Treasure Coast

    (772) 359-9480

    6 in this area

    24 Total Sales

    Jessica Lemaster
    Section Image
  • Christine Brady

    Seller Co-Listing Agent in 2018

    Christine Brady

    RE/MAX

    (772) 341-1325

    29 in this area

    50 Total Sales

    Christine Brady
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10569517

BeachesMLS

APN: 17-38-41-011-002-00100-0

Florida Martin County Palm City 34990

1245 SW 29th Terrace, Palm City, FL

This home is located at 1245 SW 29th Terrace, Palm City, FL 34990 since 14 October 2019 and is currently estimated at $196,407. 1245 SW 29th Terrace is a home located in Martin County with nearby schools including Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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