$190,000
SOLD NOV 24, 2014

1607 SW Shady Lake Terrace Palm City, FL 34990

2 Beds
2 Baths
1,540 Sq Ft
$175/mo HOA Fee

Recently Sold

$123 Per Sq Ft

16% Below List Price

150 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Great Room
  • Bessey Creek Elementary School Rated A-
  • Wood Flooring
  • Formal Dining Room

About This Home

As of November 2014

Discover location! Location! Palm City's desirable Cypress Lake. Built constructed of solid poured concrete. In addition, easy to use accordian shutters are attached to the home! This home is upgraded with beautiful wood flooring at bedrooms and dining room. Open floor plan with split bedrooms. Ceramic tile floor all living room and foyer and all wet areas. This home also features central vacuum and alarm system. French doors at patio great for extra living space. Enjoy panoramic lake view. All ages welcome! BRAND NEW A/C SYSTEM JUST INSTALLED. Low association fee! Don't let this get away! This is a Fannie Mae property.

Last Agent to Sell the Property

Claudio Moreira

Realty One Group Evolve License #3027930 Listed on: 05/27/2014

Last Buyer's Agent

Ellen Kennedy

Water Pointe Realty Group License #3151837

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,690

Year Built

  • Built in 1995 | Newly Remodeled

Lot Details

  • 4,748 Sq Ft Lot
  • Lake Front
  • Sprinkler System

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Barrel Roof Shape
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry Tub
  • Washer and Dryer Hookup

Home Security

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 073841021000005606

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, roof
  • Cypress Lake Subdivision

Recreation

  • Trails

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,690

Year Built

Built in 1995 | Newly Remodeled

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Condominium,Townhouse
  • Directions: Martin Downs Blvd to north on Matheson, 1st community on right, then take left at the community (house on right side).
  • Year Built: 1995
  • Architectural Style: Ranch
  • New Construction: Yes
  • Year Built Details: New Construction
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: 1026

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Hardwood, Wood
  • Living Area: 1540.0
  • Dining Room Type: Great Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Barrel, Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), 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: 175.0
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Roof

Lot Info

  • Parcel #: 073841021000005606
  • Lot Size: 0.10 acres
  • Lot Size Sq Ft: 4748.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2690.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2014
Sold by
Federal National Mortgage Association
Bought by
Kittell Howard J and Esler Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.95%

Purchase Details

Closed on
Apr 22, 2014
Sold by
Starita Mary R and Green Tree Servicing Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 15, 2006
Sold by
Harris Jerry and Harris Marcia A
Bought by
Starita Mary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.39%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Garlington Katherine B
Bought by
Harris Jerry and Harris Marcia A

Purchase Details

Closed on
Aug 30, 1999
Sold by
Arlyne Norbert F and Arlyne Jacoby
Bought by
Garlington Katherine B and Black Alvera E

Purchase Details

Closed on
Dec 18, 1996
Sold by
Parkside Development Co Inc
Bought by
Jacoby Norbert F and Jacoby Arlyne
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $190,000 Buyers Title Inc
Warranty Deed -- Attorney
Warranty Deed $315,000 Palm City Title Inc
Warranty Deed $246,000 --
Warranty Deed $138,900 --
Warranty Deed $133,800 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Previous Owner $171,000 No Value Available
Previous Owner $50,000 No Value Available
Previous Owner $240,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Price Changed $379,000 -2.6% $246 / Sq Ft
04/08/2025 04/08/25 Price Changed $389,000 -2.5% $253 / Sq Ft
03/13/2025 03/13/25 Price Changed $399,000 -2.6% $259 / Sq Ft
02/07/2025 02/07/25 Price Changed $409,500 -1.9% $266 / Sq Ft
11/01/2024 11/01/24 For Sale $417,500 0.0% $271 / Sq Ft
10/31/2024 10/31/24 Off Market $417,500 -- --
10/21/2024 10/21/24 Price Changed $417,500 -0.5% $271 / Sq Ft
09/09/2024 09/09/24 Price Changed $419,500 -2.4% $272 / Sq Ft
06/21/2024 06/21/24 Price Changed $429,900 -1.1% $279 / Sq Ft
05/13/2024 05/13/24 For Sale $434,900 +128.9% $282 / Sq Ft
11/24/2014 11/24/14 Sold $190,000 -15.5% $123 / Sq Ft
10/25/2014 10/25/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $224,900 -- $146 / 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 $5,867 $357,373 -- --
2024 $5,630 $324,885 -- --
2023 $5,630 $295,350 $0 $0
2022 $4,874 $268,500 $110,000 $158,500
2021 $4,631 $244,574 $0 $0
2020 $4,195 $222,340 $100,000 $122,340
2019 $4,157 $217,460 $100,000 $117,460
2018 $2,630 $172,356 $0 $0
2017 $2,170 $168,811 $0 $0
2016 $2,437 $165,339 $0 $0
2015 -- $164,190 $65,000 $99,190
2014 -- $152,860 $58,000 $94,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10044402

BeachesMLS

APN: 07-38-41-021-000-00560-6