NOT LISTED FOR SALE

1605 SW Silver Pine Way Unit 110-G2 Palm City, FL 34990

Estimated Value: $199,000 - $230,000

2 Beds
2 Baths
1,111 Sq Ft
$262/mo HOA Fee

Last Sold June 13, 2012

Last sale price $54,000 $49 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $1,639/month

62 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • Tennis Courts
  • Bessey Creek Elementary School Rated A-
  • Community Pool
  • Bike Room

About This Home

As of June 2012

Bank Owned 2/2 condo on second floor, with beautiful lake view. Community has clubhouse and pool. Information provided in MLS is estimated, not warranted and should be verified by any purchase. Buyer is responsible for any applicable application fees, condo documents, keys, clickers, etc. A 2 year warranty is given to owner-occupant buyers. This property is eligible under Freddie Mac First Look Initiative through 3/27/2012. Investors may submit offers at any time; however those offers will not be considered for negotation until after the expiration of the 15 day period.

Last Agent to Sell the Property

Amy Losquadro

Quantum Realty Advisors License #629682 Listed on: 03/12/2012

Co-Listed By

Elizabeth Ermel

United Realty Group Inc License #3220178

Last Buyer's Agent

Tammy Eiseman

Keller Williams Realty of PSL License #3190313

Keller Williams Realty of PSL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1986

Lot Details

  • 34

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,111 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Security Gate

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 183841015110000729

Community Details

Overview

  • Association fees include common areas
  • Pine Ridge At Martin Down Subdivision

Amenities

  • Clubhouse
  • Bike Room

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Trails

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,124

Year Built

Built in 1986

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Martin Downs Blvd. east, right on SW Matheson, left on SW Silver Pine Way
  • Year Built: 1986
  • Entry Level: 2
  • Year Built Details: Resale
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1111.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 262.0
  • Community Features: Clubhouse, Park, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Bike Storage, Clubhouse, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 183841015110000729
  • Zoning Description: Res

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1124.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2012
Closed on
Jun 13, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Belmonte Toni
Seller's Agent
Amy Losquadro
Quantum Realty Advisors
Buyer's Agent
Tammy Eiseman
Keller Williams Realty of PSL
List Price
$72,800
Sold Price
$54,000
Premium/Discount to List
-$18,800
-25.82%
Current Estimated Value
$217,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,099
Avg. Annual Appreciation
11.55%

Purchase Details

Listed on
Mar 12, 2012
Closed on
Apr 16, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Amy Losquadro
Quantum Realty Advisors
Buyer's Agent
Tammy Eiseman
Keller Williams Realty of PSL
List Price
$72,800
Sold Price
$54,000
Premium/Discount to List
-$18,800
-25.82%

Purchase Details

Closed on
Feb 27, 2012
Sold by
Amawi Mouawya Sadi
Bought by
Jp Morgan Chase Bank National Associatio

Purchase Details

Closed on
Oct 24, 1995
Sold by
Nickel Jacqueline C
Bought by
Amawi Mouawya S and Amawi Sahab H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,650
Interest Rate
7.57%
Mortgage Type
New Conventional
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
Belmonte Toni $54,000 Attorney
Federal Home Loan Mortgage Corporation -- None Available
Jp Morgan Chase Bank National Associatio -- None Available
Amawi Mouawya S $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amawi Mouawya Sadi $143,250
Previous Owner Amawi Mouawya S $39,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2012 06/13/12 Sold $54,000 -25.8% $49 / Sq Ft
05/14/2012 05/14/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $72,800 -- $66 / 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 $2,329 $192,480 -- $192,480
2024 $2,274 $198,254 -- --
2023 $2,274 $192,480 $192,480 $192,480
2022 $1,926 $115,500 $0 $0
2021 $1,817 $105,000 $0 $105,000
2020 $1,782 $104,000 $0 $0
2019 $1,703 $104,000 $0 $0
2018 $1,573 $99,000 $0 $0
2017 $1,367 $89,000 $0 $0
2016 $1,241 $79,000 $0 $79,000
2015 $936 $73,000 $0 $73,000
2014 $936 $57,000 $0 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3266258

BeachesMLS

APN: 18-38-41-015-110-00072-9