NOT LISTED FOR SALE

1485 SW Silver Pine Way Unit 107-D2 Palm City, FL 34990

Estimated Value: $223,000 - $236,000

2 Beds
2 Baths
1,111 Sq Ft
$298/mo HOA Fee

Last Sold February 09, 2021

Last sale price $155,000 $140 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,676/month

Highlights

  • Gated Community
  • 33.79 Acre Lot
  • End Unit
  • Bessey Creek Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of February 2021

Open and bright, this 2 bedroom, 2 bathroom 2nd Floor, corner unit has been freshly painted with new flooring and remodeled bathrooms is ready for you. The unit has a full size laundry room with standard sized washer and dryer. The kitchen has a casual eating area and a pass thru window to the dining area. The screened balcony faces East and you have a short walk to the community pool and spa, tennis courts and clubhouse. Pine Ridge is an all age community and for investors, there is no waiting period to lease the unit. Come and see for yourself.

Last Agent to Sell the Property

Dennis Fadden

Coldwell Banker Realty License #698414 Listed on: 10/31/2020

Coldwell Banker Realty

Last Buyer's Agent

Sean Quinn

Water Pointe Realty Group License #3279699

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,821

Year Built

  • Built in 1986

Lot Details

  • Property fronts a private road
  • End Unit

HOA Fees

  • $298 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,111 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Water Heater

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, recreation facilities, reserve fund, security
  • Association Phone (772) 283-1461

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Kitchen
  • Community Storage Space

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Security Guard
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,821

Year Built

Built in 1986

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Directions: Martin Downs Blvd to Pine Ridge entrance. Left at dead end, past the community pool and make left and building 107 is on your left.
  • Lot Size Acres: 33.7886
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 2
  • Subdivision Name: Pine Ridge At Martin Downs Condo 14
  • Year Built: 1986
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Microwave, Water Heater, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Living/Dining Room, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Living Area: 1111.0
  • Spa Features: Community
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Common Walls: End Unit
  • Construction Type: Block, Concrete
  • Pool Features: Community
  • Pool Private: No
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community, Security Guard
  • Utilities: Electricity Connected

Condo/Co-op/Association

  • Association Fee: 298.0
  • Phone: 772-283-1461
  • Association: Yes
  • Community Features: Barbecue, Bicycle Storage, Clubhouse, Kitchen Facilities, Pool, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Recreation Facilities, Reserve Fund, Security

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1821.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Feb 10, 2021
Sold by
Left Bank Properties Llc
Bought by
Sketchley Rachel A
Seller's Agent
Dennis Fadden
Coldwell Banker Realty
Buyer's Agent
Sean Quinn
Water Pointe Realty Group
List Price
$165,315
Sold Price
$155,000
Premium/Discount to List
-$10,315
-6.24%
Current Estimated Value
$231,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,034
Avg. Annual Appreciation
8.86%
Original Mortgage
$124,000
Outstanding Balance
$110,712
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$120,322

Purchase Details

Listed on
Sep 25, 2014
Closed on
Jan 30, 2015
Sold by
Newton Willis A and Marilyn Newton G
Bought by
Left Bank Properties Llc
Seller's Agent
Michele Dutkin
Berkshire Hathaway Florida Realty
Buyer's Agent
Dennis Fadden
Coldwell Banker Realty
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.77%
Original Mortgage
$56,250
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 10, 2003
Sold by
Beams Richard
Bought by
Newton Willis A and Marilyn Newton G

Purchase Details

Closed on
Jul 10, 1995
Sold by
Quattro John A
Bought by
Left Bank Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Sketchley Rachel A $155,000 Attorney
Left Bank Properties Llc $75,000 Sunbelt Title Agency
Newton Willis A $101,000 Stewart Title Of Martin Coun
Left Bank Properties Llc $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sketchley Rachel A $124,000
Previous Owner Left Bank Properties Llc $56,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2021 02/09/21 Sold $155,000 -6.2% $140 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
10/31/2020 10/31/20 For Sale $165,315 +120.4% $149 / Sq Ft
01/29/2015 01/29/15 Sold $75,000 -6.1% $68 / Sq Ft View Prior Sale
12/30/2014 12/30/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $79,900 -- $72 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $1,883 $160,332 -- --
2024 $1,840 $155,814 -- --
2023 $1,840 $151,276 $0 $0
2022 $1,762 $146,870 $0 $146,870
2021 $1,817 $105,000 $0 $105,000
2020 $1,815 $104,000 $0 $0
2019 $1,821 $104,000 $0 $0
2018 $1,677 $99,000 $0 $0
2017 $1,445 $87,000 $0 $0
2016 $1,309 $77,000 $0 $77,000
2015 $927 $68,000 $0 $68,000
2014 $927 $57,000 $0 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20026288

Martin County REALTORS® of the Treasure Coast

APN: 18-38-41-015-107-00042-2