NOT LISTED FOR SALE

1585 SW Jasmine Trace Palm City, FL 34990

Estimated Value: $726,000 - $834,000

4 Beds
3 Baths
2,437 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $435,000 $178 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,098/month

286 Days on Market

Highlights

  • Lake Front
  • Screened Pool
  • Florida Architecture
  • Palm City Elementary School Rated A-
  • Gated Community
  • Wood Flooring

About This Home

As of June 2019

MOTIVATED SELLER. Beautiful lakefront Key West style home with metal roof in Orchid Bay. Whole house generator and hurricane shutters. New A/C in August 2018. A true 4 bedroom house with 3 full bathrooms and 2 car garage. Screened in pool & patio overlooking the lake. Cozy family room off the kitchen with fireplace. Tile floors in all the main living areas and master bedroom. Laminate wood floor in the 3 additional guest bedrooms. Over a 1/2 acre corner lot lake front. Located in the highly desirable Palm City Elementary School District with school bus service for the elementary, middle and high schools.
HOA dues include community amenities, 2 tennis courts, a children's play area, a gazebo w/picnic tables an grills, 4 ponds, & a canoe/kayak launch into Mapps Creek that connects to the South fork of the St Lucie River.

Last Agent to Sell the Property

Arati Hammond

Keller Williams of the Treasure Coast License #3034537 Listed on: 08/24/2018

Keller Williams of the Treasure Coast

Last Buyer's Agent

Jim Hatch

Harbour Ridge Realty Inc License #478720

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,820

Year Built

  • Built in 2000

Lot Details

  • Lake Front
  • Corner Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,437 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Gas Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Garden Bath

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Pool

  • Screened Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Patio

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Power Generator
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, recreation facilities

Recreation

  • Tennis Courts
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,820

Year Built

Built in 2000

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Architectural Style: Florida
  • Directions: South on Mapp Road to Orchid Bay Gated Entrance
  • Garage Yn: Yes
  • Lot Size: Corner Lot
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Orchid Bay
  • Year Built: 2000
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Wet Bar, Breakfast Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Master Downstairs, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 2437.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Fiber Cement, Frame
  • Disclosures: Deed Restriction
  • Exterior Features: Porch, Patio, Storm/Security Shutters
  • Lot Features: Corner Lot, Lake Front
  • Patio And Porch Features: Covered, Open, Patio, Porch, Screened
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: Yes
  • Roof: Metal
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Generator
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association Fee: 175.0
  • Association: Yes
  • Community Features: Playground, Street Lights, Tennis Court(s), Gated, Sidewalks
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Recreation Facilities

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5820.3
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Jun 21, 2019
Sold by
Paoleschi David S and Paoleschi Alice M
Bought by
Stamm Bradford H and Stamm Karen
Seller's Agent
Arati Hammond
Keller Williams of the Treasure Coast
Buyer's Agent
Jim Hatch
Harbour Ridge Realty Inc
List Price
$550,000
Sold Price
$435,000
Premium/Discount to List
-$115,000
-20.91%
Current Estimated Value
$804,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,067
Avg. Annual Appreciation
10.17%
Original Mortgage
$348,000
Outstanding Balance
$305,357
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$498,710

Purchase Details

Closed on
Feb 28, 2003
Sold by
Bohne Mary S
Bought by
Paoleschi David S and Paoleschi Alice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.89%

Purchase Details

Closed on
May 6, 1998
Sold by
Tartan Land Company
Bought by
Bohne Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,100
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 1993
Bought by
Paoleschi David S and Paoleschi Alice M
Source: Public Records

Range of Values:

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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
Stamm Bradford H $435,000 Attorney
Paoleschi David S $355,000 Fast Title Inc
Bohne Mary S $40,200 --
Paoleschi David S $2,424,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamm Bradford H $348,000
Previous Owner Paoleschi David S $284,000
Previous Owner Bohne Mary S $253,000
Previous Owner Bohne Mary S $32,100
Closed Paoleschi David S $35,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $435,000 -20.9% $178 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
08/09/2018 08/09/18 For Sale $550,000 -- $226 / 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 $8,070 $483,916 -- --
2024 $7,934 $470,278 -- --
2023 $7,934 $456,581 $0 $0
2022 $7,675 $443,283 $0 $0
2021 $7,706 $430,372 $0 $0
2020 $7,586 $424,430 $140,000 $284,430
2019 $8,713 $442,720 $140,000 $302,720
2018 $5,820 $321,187 $0 $0
2017 $4,632 $314,581 $0 $0
2016 $4,864 $308,110 $0 $0
2015 $4,621 $305,968 $0 $0
2014 $4,621 $303,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Arati Hammond

    Seller's Agent in 2019

    Arati Hammond

    Keller Williams of the Treasure Coast

    (772) 342-5599

    87 in this area

    142 Total Sales

    Arati Hammond
    Section Image

  • J

    Buyer's Agent in 2019

    Jim Hatch

    Harbour Ridge Realty Inc

    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20013386

Martin County REALTORS® of the Treasure Coast

APN: 43-38-41-002-000-00700-5

Florida Martin County Palm City 34990

1585 SW Jasmine Trace, Palm City, FL

This home is located at 1585 SW Jasmine Trace, Palm City, FL 34990 since 24 August 2018 and is currently estimated at $804,067, approximately $329 per square foot. This property was built in 2000. 1585 SW Jasmine Trace 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.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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