$400,000
SOLD APR 15, 2025

1619 SW Shady Lake Terrace Palm City, FL 34990

2 Beds
2 Baths
1,540 Sq Ft
4,748 Sq Ft Lot

Recently Sold

$260 Per Sq Ft

11% Below List Price

179 Days on Market

Highlights

  • Cabana
  • Home fronts a pond
  • Cathedral Ceiling
  • Bessey Creek Elementary School Rated A-
  • Pond View
  • Hurricane or Storm Shutters

About This Home

As of April 2025

Beautifully conditioned Divosta Capri Villa situated on a small lake in a tree lined community. The highly desirable Capri model has a great 2-bedroom 2-bathroom layout with a closed in sunroom and 2 car garage. This poured concrete constructed home boasts a newer 2020 barrel tile roof and complete accordion shutters for your storm protection. Cypress Lakes is located in Palm City and has easy access to Stuart and I-95 and the Turnpike.

Last Agent to Sell the Property

Dan Carmody

Olde Florida Realty, LLC Brokerage Phone: 772-245-4500 License #3053045 Listed on: 09/04/2024

Last Buyer's Agent

Thomas Natter

RE/MAX Gold License #3507912

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,602

Year Built

  • Built in 1995

Lot Details

  • 4,748 Sq Ft Lot
  • Home fronts a pond
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $289 Monthly HOA Fees

Home Design

  • Villa
  • Barrel Roof Shape
  • Concrete Siding

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Pond Views
  • Laundry Tub

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Hurricane or Storm Shutters

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Cabana
  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • 110 Volts
  • Water Heater
  • Cable TV Available

Community Details

  • Association fees include cable TV, ground maintenance
  • Association Phone (772) 600-8900

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,602

Year Built

Built in 1995

Lot Details

0

HOA Fees

$289 per month

Listing Details

  • Directions: Martin Downs Blvd to Matheson to Cypress Lakes, go left after entrance, house located on the right.
  • Garage Yn: Yes
  • Lot Size Acres: 0.109
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Cypress Lake Ph 01 Cypress Pointe PUD
  • Year Built: 1995
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-245-4500
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Trash Compactor, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Furnished: Partially
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1540.0
  • Stories: 1

Exterior Features

  • Construction Type: Concrete
  • Direction Faces: North
  • Disclosures: Deed Restriction
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Other Structures: Cabana
  • Patio And Porch Features: Open, Patio
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Barrel
  • View: Pond
  • View: Yes
  • Waterfront Features: Pond
  • 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, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Security System
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 289.0
  • Phone: 772-600-8900
  • Association: Yes
  • Community Features: Non-Gated, Sidewalks
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2602.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Apr 15, 2025
Sold by
Jan V Gilpin Revocable Trust and Gilpin Jan V
Bought by
Lepaoja John F
Seller's Agent
Dan Carmody
Olde Florida Realty, LLC
Buyer's Agent
Thomas Natter
RE/MAX Gold
List Price
$450,000
Sold Price
$400,000
Premium/Discount to List
-$50,000
-11.11%
Views
40
Current Estimated Value
$398,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,521
Avg. Annual Appreciation
0.52%
Original Mortgage
$320,000
Outstanding Balance
$319,149
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$81,731

Purchase Details

Closed on
Jun 18, 1999
Sold by
Gilpin Jan V
Bought by
Gilpin Jan V

Purchase Details

Closed on
Nov 6, 1995
Sold by
Parkside Devleopment Co Inc
Bought by
Gilpin Jan V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
7.51%

Purchase Details

Closed on
Jan 1, 1901
Bought by
Gilpin Jan V
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 Type Sale Price Title Company
Warranty Deed $400,000 Florida Title & Guarantee Agen
Deed -- --
Warranty Deed $125,900 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Previous Owner $86,000 No Value Available
Previous Owner $89,000 No Value Available
Previous Owner $99,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $400,000 -4.8% $260 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $420,000 -4.5% $273 / Sq Ft
10/30/2024 10/30/24 Price Changed $440,000 -2.2% $286 / Sq Ft
09/04/2024 09/04/24 For Sale $450,000 -- $292 / 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 $2,673 $181,952 -- --
2024 $2,602 $176,825 -- --
2023 $2,602 $171,675 $0 $0
2022 $2,497 $166,675 $0 $0
2021 $2,483 $161,821 $0 $0
2020 $2,388 $159,587 $0 $0
2019 $2,354 $155,999 $0 $0
2018 $2,292 $153,090 $0 $0
2017 $1,851 $149,942 $0 $0
2016 $2,123 $146,857 $0 $0
2015 -- $145,836 $0 $0
2014 -- $144,678 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dan Carmody

    Seller's Agent in 2025

    Dan Carmody

    Olde Florida Realty, LLC

    (772) 332-4758

    7 in this area

    52 Total Sales

    Dan Carmody
    Section Image

  • T

    Buyer's Agent in 2025

    Thomas Natter

    RE/MAX

    (215) 285-9988

    3 in this area

    25 Total Sales

    Thomas Natter
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20046576

Martin County REALTORS® of the Treasure Coast

APN: 07-38-41-021-000-00530-3

Florida Martin County Palm City 34990

1619 SW Shady Lake Terrace, Palm City, FL

This home is located at 1619 SW Shady Lake Terrace, Palm City, FL 34990 and is currently priced at $400,000, approximately $259 per square foot. This property was built in 1995. 1619 SW Shady Lake Terrace is a home located in Martin County with nearby schools including Bessey Creek 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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