NOT LISTED FOR SALE

1556 SW Monarch Club Dr Palm City, FL 34990

Estimated Value: $593,000 - $660,891

3 Beds
2 Baths
1,793 Sq Ft
$353/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $535,000 $298 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,352/month

27 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Bessey Creek Elementary School Rated A-
  • Cabana
  • Clubhouse

About This Home

As of August 2021

Monarch Country Club has a premium location in Palm City and is home to an Arnold Palmer Championship Golf Course. This 3 bedroom, 2 full bath home sits on the 3rd fairway with great golf and lake views! 3 large sliding glass doors open out to the screened pool that was resurfaced in Oct 2019. The NEW roof was installed in Oct 2020. Flooring in the 3 bedrooms as well as crown moulding and the installation of a new front door were added at the same time. The home was painted inside and out in the Fall of 2020.neighborhood. The solar heated salt water pool is your own private resort at home! Joining the club is not mandatory but affordable levels of membership are available. Security guarded gated, and roving car patrol keep an eye on the community 24/7. Please visit club and HOA at www.monarchclub.com and www.monarchhoa.org.

Last Agent to Sell the Property

Peter Iandoli

RE/MAX of Stuart - Palm City License #702976 Listed on: 08/06/2021

RE/MAX of Stuart - Palm City

Last Buyer's Agent

Matthew Walsh

Douglas Elliman License #3388489

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1997

Lot Details

  • 7,841 Sq Ft Lot
  • Lake Front
  • East Facing Home

HOA Fees

  • $427 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,793 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Entrance Foyer
  • Open Floorplan
  • Hurricane or Storm Shutters
  • Dryer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Garden Bath

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Cabana
  • Gunite Pool

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Three-Phase Power
  • Cable TV Available

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance, reserve fund, security

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Putting Green
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,800

Year Built

Built in 1997

Lot Details

0

HOA Fees

$427 per month

Listing Details

  • Architectural Style: Traditional
  • Directions: Martin Downs Blvd to Monarch CC. Enter at gate and continue on Monarch Club Blvd until you see the home on the left.
  • Garage Yn: Yes
  • Lot Size Acres: 0.18
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Monarch CC
  • Year Built: 1997
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Cathedral Ceiling(s), Entrance Foyer, Family/Dining Room, Garden Tub/Roman Tub, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Living Area: 1793.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Disclosures: Deed Restriction
  • Exterior Features: Storm/Security Shutters
  • Lot Features: Lake Front
  • Other Structures: Cabana
  • Pool Features: Gunite
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Concrete, Tile
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase, Generator Hookup
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 427.0
  • Association: Yes
  • Community Features: Basketball Court, Clubhouse, Golf, Putting Green, Restaurant, Street Lights, Tennis Court(s), Trails/Paths, Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

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

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Zoning Description: residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3799.58
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jun 26, 2020
Sold by
Neece Pamela J and Pamela J Neece Revocable Trust
Bought by
Damask Thomas L and Damask Vanessa Dawn
Seller's Agent
Pam Miller
Laviano & Associates Real Esta
Buyer's Agent
Peter Iandoli
RE/MAX of Stuart - Palm City
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%
Current Estimated Value
$632,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,223
Avg. Annual Appreciation
8.20%
Original Mortgage
$394,250
Outstanding Balance
$350,243
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$281,980

Purchase Details

Listed on
Jan 22, 2015
Closed on
Feb 26, 2015
Sold by
Stolz Edward and Stolz Maryann
Bought by
Neece Pamela J
Seller's Agent
Diane Woods
Century 21 Move with Us
List Price
$289,000
Sold Price
$289,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$250,000
Interest Rate
3%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Listed on
Jul 27, 2011
Closed on
May 15, 2012
Sold by
Jackson Delores R
Bought by
Stolz Edward and Stolz Maryann
Seller's Agent
Dorothy Yatsko
Monarch Realty Group LLC
Buyer's Agent
Diane Woods
Century 21 Move with Us
List Price
$349,900
Sold Price
$245,000
Premium/Discount to List
-$104,900
-29.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$135,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2006
Sold by
Saelzer Gerald D and Saelzer Louise
Bought by
Jackson Delores R

Purchase Details

Closed on
Jan 22, 1997
Sold by
Monarch Homes Of Florida Inc
Bought by
Saelzer Gerald D and Saelzer Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.56%
Mortgage Type
New Conventional
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
Damask Thomas L $415,000 Attorney
Neece Pamela J $289,000 Attorney
Stolz Edward $245,000 Attorney
Jackson Delores R $445,000 None Available
Saelzer Gerald D $206,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damask Thomas L $394,250
Previous Owner Neece Pamela J $250,000
Previous Owner Stolz Edward $135,000
Previous Owner Saelzer Gerald D $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $535,000 -2.7% $298 / Sq Ft
08/04/2021 08/04/21 For Sale $550,000 +32.5% $307 / Sq Ft
06/26/2020 06/26/20 Sold $415,000 -2.4% $229 / Sq Ft View Prior Sale
05/27/2020 05/27/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $425,000 +47.1% $235 / Sq Ft
02/26/2015 02/26/15 Sold $289,000 0.0% $160 / Sq Ft View Prior Sale
01/27/2015 01/27/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $289,000 +18.0% $160 / Sq Ft
05/15/2012 05/15/12 Sold $245,000 -30.0% $135 / Sq Ft View Prior Sale
04/15/2012 04/15/12 Pending -- -- --
07/26/2011 07/26/11 For Sale $349,900 -- $193 / 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 $7,198 $452,670 $165,000 $287,670
2024 $7,066 $452,186 -- --
2023 $7,066 $439,016 $0 $0
2022 $6,816 $426,230 $175,000 $251,230
2021 $5,570 $340,180 $130,000 $210,180
2020 $3,800 $240,431 $0 $0
2019 $3,750 $235,025 $0 $0
2018 $3,655 $230,643 $0 $0
2017 $3,134 $225,900 $0 $0
2016 $3,387 $221,254 $0 $0
2015 $3,027 $208,061 $0 $0
2014 $3,027 $206,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20030561

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-008-000-00330-4