NOT LISTED FOR SALE

1575 SW Waterfall Blvd Palm City, FL 34990

Estimated Value: $286,522 - $358,000

2 Beds
2 Baths
1,111 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $216,750 $195 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,331/month

4 Days on Market

Highlights

  • Gated with Attendant
  • Clubhouse
  • High Ceiling
  • Bessey Creek Elementary School Rated A-
  • Corner Lot
  • Community Pool

About This Home

As of May 2018

Move right into this rare, fully-furnished 2 bedroom, 2 bath Sun Terrace model in The Meadows, a highly desirable gated community in Palm City. It offers an open concept with designer-inspired interior decor, beautiful new kitchen, custom wall units, with new roof. Your private screened patio with lush landscaping also has separate storage room. A beautiful lake & fountain welcomes you into the Meadows with oak tree lined streets, numerous lakes, sidewalks, 24 hour manned guard gate. Pets welcome. Close to dining, golf, top-rated schools and easy access to I-95 and FL turnpike.

Last Agent to Sell the Property

Janice Norman

Water Pointe Realty Group License #3085852 Listed on: 04/10/2018

Co-Listed By

Joyce Page

Water Pointe Realty Group License #3245380

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,484

Year Built

  • Built in 1992

Lot Details

  • 2,047

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Villa
  • Metal Roof

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Skylights
  • Florida or Dining Combination

Kitchen

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

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Corner Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 1238400120050001040000

Community Details

Overview

  • Association fees include management, common areas, insurance, maintenance structure, parking, security
  • Meadows Prcl 62A & B Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,484

Year Built

Built in 1992

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Martin Downs Blvd, to Waterfall Drive, left on Waterfall Blvd.
  • Year Built: 1992
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Family/Dining Room, High Ceilings, Pantry, Split Bedrooms, Skylights
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Living Area: 1111.0
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Patio
  • Lot Features: Corner Lot
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Management, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Insurance, Maintenance Structure, Parking, Security

Lot Info

  • Parcel #: 1238400120050001040000
  • Zoning Description: Res

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1484.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 29, 2020
Sold by
Koury Walter C and Koury Jeanne M
Bought by
The Koury Family Irrevocable Trust
Current Estimated Value
$324,881

Purchase Details

Listed on
Apr 10, 2018
Closed on
Apr 27, 2018
Sold by
Mark Concolatti and Lyon Vharig
Bought by
Koury Jeanne M and Koury Walter C
Seller's Agent
Janice Norman
Water Pointe Realty Group
List Price
$225,000
Sold Price
$216,750
Premium/Discount to List
-$8,250
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 8, 2014
Sold by
Knapp Debra B
Bought by
Consolatti Mark
Seller's Agent
Jeff Clark
Coldwell Banker Realty
Buyer's Agent
Janice Norman
Water Pointe Realty Group
List Price
$129,000
Sold Price
$125,000
Premium/Discount to List
-$4,000
-3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%

Purchase Details

Closed on
Jun 10, 2011
Sold by
Luebcke Christine M
Bought by
Knapp Debra B

Purchase Details

Closed on
Mar 31, 2005
Sold by
Sakal Budd L and Sakal Isabel M
Bought by
Luebcke Robert C and Luebcke Christine M

Purchase Details

Closed on
Jun 27, 2003
Sold by
Reichert Susan
Bought by
Sakal Budd L and Sakal Isabel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,600
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2000
Sold by
Finnican-Alonso Nancy A
Bought by
Reichert Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 1998
Sold by
Finnican Henry J
Bought by
Finnican Henry J and Finnican-Alons Nancy A
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
The Koury Family Irrevocable Trust -- None Available
Koury Jeanne M $216,800 Sunbelt Title Agency
Consolatti Mark $125,000 Attorney
Knapp Debra B $95,000 South Florida Title Svcs Inc
Luebcke Robert C $197,500 Stewart Title Of Martin Coun
Sakal Budd L $144,500 Stewart Title Of Martin Cnty
Reichert Susan $89,900 --
Finnican Henry J $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakal Budd L $115,600
Previous Owner Finnican Henry J $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2018 05/15/18 Sold $216,750 0.0% $195 / Sq Ft
05/15/2018 05/15/18 Sold $216,750 -3.7% $195 / Sq Ft View Prior Sale
04/15/2018 04/15/18 Pending -- -- --
04/15/2018 04/15/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $225,000 0.0% $203 / Sq Ft
03/05/2018 03/05/18 For Sale $225,000 +80.0% $203 / Sq Ft
08/08/2014 08/08/14 Sold $125,000 -3.1% $113 / Sq Ft View Prior Sale
07/09/2014 07/09/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $129,000 -- $116 / Sq Ft
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 $3,958 $244,855 -- --
2024 $3,788 $222,596 -- --
2023 $3,788 $202,360 $0 $0
2022 $3,218 $183,964 $0 $0
2021 $2,894 $167,240 $75,000 $92,240
2020 $2,791 $159,870 $70,000 $89,870
2019 $2,844 $160,920 $70,000 $90,920
2018 $1,593 $130,879 $0 $0
2017 $1,484 $128,187 $0 $0
2016 $1,456 $125,550 $65,000 $60,550
2015 $886 $105,790 $45,000 $60,790
2014 $886 $93,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Janice Norman

    Water Pointe Realty Group

    (772) 485-9505

    17 in this area

    115 Total Sales

    Janice Norman
    Section Image

  • J

    Seller Co-Listing Agent in 2018

    Joyce Page

    Water Pointe Realty Group

    (772) 225-0110

    9 Total Sales

    Joyce Page
    Section Image
  • Jeff Clark

    Seller's Agent in 2014

    Jeff Clark

    Coldwell Banker Realty

    (772) 486-0053

    21 in this area

    134 Total Sales

    Jeff Clark
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10421988

BeachesMLS

APN: 12-38-40-012-005-00010-4

Florida Martin County Palm City 34990

1575 SW Waterfall Blvd, Palm City, FL

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.

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