NOT LISTED FOR SALE

1540 SW Shady Lake Terrace Palm City, FL 34990

Estimated Value: $372,581 - $416,000

2 Beds
2 Baths
1,540 Sq Ft
$256/Sq Ft Est. Value

Last Sold July 23, 2013

Last sale price $147,500 $96 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,514/month

146 Days on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Hurricane or Storm Shutters
  • Bessey Creek Elementary School Rated A-
  • Screened Porch
  • 2 Car Attached Garage

About This Home

As of July 2013

Immaculate 2 bedroom 2 bath Capri model with an attached 2 car garage. Custom hurricane shutters, windows, front door and sliders; Kitchen with white cabinets, stainless street refrigerator, dishwasher, ceiling fans, wide slat blinds, tiled kitche, foyer, laundry and baths. Screened porch with private backyard. Sourround sound in living room. New a/c in 2011. Maintenance includes yard and basic cable. High volumn ceiling, Laundry room with cabinets, washer/dryer, storage closet. Move-in condition. Convenient location close to the library, shopping, I-95 and turnpike.

Last Agent to Sell the Property

Judy Burkhardt

Berkshire Hathaway Florida RE License #431102 Listed on: 01/28/2013

Berkshire Hathaway Florida RE

Last Buyer's Agent

Sarah Pietkkivitch

RE/MAX of Stuart License #3136203

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,989

Year Built

  • Built in 1995

Lot Details

  • Property fronts a private road
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $167 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Villa
  • Barrel Roof Shape
  • Concrete Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include cable TV, ground maintenance

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,989

Year Built

Built in 1995

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Architectural Style: Ranch
  • Directions: Martin Downs Blvd to Matheson then into Cypress Lakes and at stop sign turn left
  • Garage Yn: Yes
  • Lot Size: 34x134x33x138+-
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: CYPRESS LAKE PH 01 CYPRESS POINTE PUD
  • Year Built: 1995
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 1540.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete
  • Disclosures: Seller Disclosure
  • Exterior Features: Sprinkler/Irrigation, Storm/Security Shutters
  • Lot Features: Irregular Lot, Sprinklers Automatic
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Barrel
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available, Sewer Available, Sewer Connected, Septic Available, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 167.0
  • Pets Allowed: Number Limit, Pet Restrictions, Size Limit
  • Senior Community: No

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1989.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2013
Closed on
Jul 23, 2013
Sold by
Florio Joseph
Bought by
Blatt Larry
Seller's Agent
Judy Burkhardt
Berkshire Hathaway Florida RE
Buyer's Agent
Sarah Pietkkivitch
RE/MAX of Stuart
List Price
$184,900
Sold Price
$147,500
Premium/Discount to List
-$37,400
-20.23%
Current Estimated Value
$394,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,145
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
May 8, 2009
Sold by
Telesca Leonard and Telesca Louise
Bought by
Blatt Larry

Purchase Details

Closed on
Sep 24, 2004
Sold by
Stabile Thomas and Stabile Louise
Bought by
Telesca Leonard and Telesca Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.73%

Purchase Details

Closed on
Sep 21, 1995
Sold by
Parkside Dev Co Inc
Bought by
Stabile Thomas and Stabile Louise
Source: Public Records

Range of Values:

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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
Blatt Larry $147,500 Attorney
Blatt Larry $125,000 --
Telesca Leonard $230,000 --
Stabile Thomas $107,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Telesca Leonard $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2013 07/23/13 Sold $147,500 -20.2% $96 / Sq Ft
06/23/2013 06/23/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $184,900 -- $120 / 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 $2,365 $162,698 -- --
2024 $2,298 $158,113 -- --
2023 $2,298 $153,508 $0 $0
2022 $2,203 $149,037 $0 $0
2021 $2,187 $144,697 $0 $0
2020 $2,094 $142,700 $0 $0
2019 $2,062 $139,492 $0 $0
2018 $2,007 $136,891 $0 $0
2017 $1,584 $134,076 $0 $0
2016 $1,858 $131,318 $0 $0
2015 -- $130,405 $0 $0
2014 -- $129,370 $45,000 $84,370
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Judy Burkhardt

    Berkshire Hathaway Florida RE

    (772) 485-1918

    6 in this area

    56 Total Sales

    Section Image

  • S

    Buyer's Agent in 2013

    Sarah Pietkkivitch

    RE/MAX

    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M367823

Martin County REALTORS® of the Treasure Coast

APN: 07-38-41-021-000-00030-8

Florida Martin County Palm City 34990

1540 SW Shady Lake Terrace, Palm City, FL

This home is located at 1540 SW Shady Lake Terrace, Palm City, FL 34990 since 28 January 2013 and is currently estimated at $394,645, approximately $256 per square foot. This property was built in 1995. 1540 SW Shady Lake Terrace is a home located in Martin County with nearby schools including Bessey Creek 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.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

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