NOT LISTED FOR SALE

1585 SW Waterfall Blvd Palm City, FL 34990

Estimated Value: $277,000 - $300,000

2 Beds
2 Baths
1,111 Sq Ft
$261/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $240,000 $216 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,092/month

Highlights

  • Gated with Attendant
  • Two Primary Bedrooms
  • Furnished
  • Bessey Creek Elementary School Rated A-
  • Cathedral Ceiling
  • Courtyard Views

About This Home

As of July 2021

Highly sought after Sun Terrace villa in popular Meadows community. Very
nice move-in ready 2BR/2BA villa with door to create 2nd master suite is
offered fully furnished. Nice split bedroom plan. Kitchen with breakfast bar
open to living and dining with vaulted ceiling. Newer standing seam metal roof,
new A/C in 2020 and accordion shutters. Nicely landscaped large screened in
patio offers privacy plus wonderful location next to large open lawn area. Great
Palm City location in The Meadows with it's beautiful gated entry and tree lined
streets offers community pool, tennis and more. Convenient to shopping, restaurants,
services, I-95 and FL Turnpike. This one won't last!

Last Agent to Sell the Property

Randy Wisniewski

RE/MAX of Stuart - Palm City License #699428 Listed on: 06/12/2021

RE/MAX of Stuart - Palm City

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,423

Year Built

  • Built in 1992

Lot Details

  • Property fronts a private road
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • Quadruplex
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,111 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Combination Dining and Living Room
  • Screened Porch
  • Courtyard Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, parking, recreation facilities, reserve fund, security
  • Association Phone (772) 283-7250
  • Property Manager

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated with Attendant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,423

Year Built

Built in 1992

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Architectural Style: Fourplex
  • Directions: Martin Downs Blvd to North on Waterfall Blvd thru guard gate - straight - turn left on Waterfall Blvd. - unit on left just before large lawn area.
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex,Villa
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: The Meadows
  • Year Built: 1992
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Furnished
  • Interior Amenities: Breakfast Bar, Built-in Features, Cathedral Ceiling(s), Dual Sinks, Master Downstairs, Living/Dining Room, Custom Mirrors, Multiple Master Suites, Pantry, Split Bedrooms, Skylights, Separate Shower
  • Living Area: 1111.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Disclosures: Deed Restriction, Owner Is Listing Agent
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Metal
  • View: Courtyard
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 343.0
  • Phone: 772-283-7250
  • Association: Yes
  • Community Features: Basketball Court, Playground, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

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

Schools

  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1423.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Jul 22, 2021
Sold by
Carleton Joann B
Bought by
Perella Nancy
Seller's Agent
Randy Wisniewski
RE/MAX of Stuart - Palm City
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%
Current Estimated Value
$290,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,255
Avg. Annual Appreciation
4.53%
Original Mortgage
$216,000
Outstanding Balance
$196,166
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$94,089

Purchase Details

Listed on
Jun 12, 2021
Closed on
Jul 13, 2021
Sold by
Carleton Gary and Carleton Mark
Bought by
Mclaughlin John Joseph
Seller's Agent
Randy Wisniewski
RE/MAX of Stuart - Palm City
List Price
$235,000
Sold Price
$240,000
Premium/Discount to List
$5,000
2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$196,166
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$94,089

Purchase Details

Closed on
May 13, 2020
Sold by
Carleton Joann
Bought by
Carleton Maark and Carleton Gary

Purchase Details

Listed on
Jan 23, 2018
Closed on
Mar 8, 2018
Sold by
Pannone John and Pannone Mary
Bought by
Carleton Joann
Seller's Agent
Lynn Pinkerton
RE/MAX of Stuart - Palm City
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Triolo Antonette G
Bought by
Pannone John and Pannone Mary

Purchase Details

Closed on
Mar 4, 1995
Sold by
Unger Vera M
Bought by
Triolo John A and Triolo Antonette G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
9.13%

Purchase Details

Closed on
Aug 22, 1991
Bought by
Pannone John and Pannone Mary
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
Perella Nancy -- --
Mclaughlin John Joseph $240,000 First International Ttl Inc
Perella Nancy -- --
Carleton Maark -- Attorney
Carleton Joann $170,000 Signature Title Flroida Parn
Pannone John $168,000 Attorney
Triolo John A $75,000 --
Pannone John $85,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclaughlin John Joseph $216,000
Previous Owner Triolo John A $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $240,000 +2.1% $216 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $235,000 +38.2% $212 / Sq Ft
03/08/2018 03/08/18 Sold $170,000 -5.5% $153 / Sq Ft View Prior Sale
02/06/2018 02/06/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $179,900 -- $162 / 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 $2,748 $214,543 -- --
2024 $2,694 $208,497 -- --
2023 $2,694 $202,425 $0 $0
2022 $2,588 $196,530 $98,000 $98,530
2021 $1,441 $139,531 $0 $0
2020 $1,423 $137,605 $0 $0
2019 $1,392 $134,511 $0 $0
2018 $2,497 $144,220 $70,000 $74,220
2017 $2,202 $134,160 $75,000 $59,160
2016 $2,041 $125,550 $65,000 $60,550
2015 $1,622 $105,790 $45,000 $60,790
2014 $1,622 $98,820 $23,000 $75,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20029838

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-012-006-00020-0