1607 SW Shady Lake Terrace Palm City, FL 34990
Estimated payment $2,876/month
Total Views
9,618
2
Beds
2
Baths
1,540
Sq Ft
$246
Price per Sq Ft
Highlights
- Senior Community
- Vaulted Ceiling
- Screened Porch
- Waterfront
- Mediterranean Architecture
- 2 Car Attached Garage
About This Home
Rare Cypress Lakes, Divosta built, home in the center of Palm City. Brand new (2023) roof, freshly painted, re-plumbed and a beautiful lake view. Ready for you to bring your furniture. Divosta builds one of the most popular homes and floor plans in Florida. This Capri model overlooks the lake and is shaded by a wonderful oak tree. Cypress Lakes is close to downtown Stuart shopping and restaurants. Palm City is quickly becoming a food and golf destination and this home sits right in the heart of this community. Easy access to I-95 and the Turnpike. Accordian shutters, a new roof and poured concrete construction make this a forever home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,867
Year Built
- Built in 1995
Lot Details
- 4,750 Sq Ft Lot
- Waterfront
- Sprinkler System
- Zero Lot Line
- Property is zoned R1
HOA Fees
- $289 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Mediterranean Architecture
- Villa
- Barrel Roof Shape
Interior Spaces
- 1,540 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Entrance Foyer
- Family Room
- Combination Dining and Living Room
- Screened Porch
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Washer and Dryer
- Laundry Tub
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Community Details
- Senior Community
- Association fees include common areas, cable TV
- Built by DiVosta Homes
- Cypress Lake Subdivision, Capri Floorplan
Listing and Financial Details
- Assessor Parcel Number 073841021000005606
Map
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Home Values in the Area
Average Home Value in this Area
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
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
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
Similar Homes in Palm City, FL
Source: BeachesMLS
MLS Number: R11063518
APN: 07-38-41-021-000-00560-6
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