NOT LISTED FOR SALE

1699 SW Monarch Club Dr Palm City, FL 34990

Estimated Value: $517,000 - $668,000

2 Beds
2 Baths
1,793 Sq Ft
$313/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $500,000 $279 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,780/month

3 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Clubhouse
  • Bessey Creek Elementary School Rated A-
  • Golf Course View
  • Traditional Architecture

About This Home

As of September 2023

Rare opportunity to find a home on the Arnold Palmer designed golf course in Monarch Country Club. Enjoy all the advantages of living on the golf course without the cost! The golf course is owned and operated by a private group so you have no costs associated with the course. This 2 bedroom 2 full bath plus an office, which could be converted to a 3rd bedroom, home is on the largest lot on the street. The screened in patio overlooks the 4th tee box and has room for a pool if desired. The home has an open floorpan with a large master suite that also overlooks the golf course. A large, two car garage is attached to the home. The home has copious amounts of light and the volume ceilings provide an atmosphere of space and openness. Memberships are available at the club for golf, tennis or just a social membership. Shopping and groceries are less than 1/2 mile away. The schools in Palm City are excellent! Convenient to I95 and the Florida Turnpike for easy access to the airport and shops.

Last Agent to Sell the Property

Peter Iandoli

RE/MAX of Stuart - Palm City Brokerage Phone: 772-220-1116 License #702976 Listed on: 08/07/2023

RE/MAX of Stuart - Palm City

Last Buyer's Agent

Laura Trombetta

Compass Florida LLC License #3374437

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,300

Year Built

  • Built in 1994

Lot Details

  • 0.33 Acre Lot
  • South Facing Home

HOA Fees

  • $495 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,793 Sq Ft Home
  • 1-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Cathedral Ceiling
  • Plantation Shutters
  • Single Hung Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Golf Course Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, ground maintenance, security
  • Association Phone (772) 781-1216
  • Property Manager

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,300

Year Built

Built in 1994

Lot Details

0

HOA Fees

$495 per month

Listing Details

  • Architectural Style: Traditional
  • Directions: Martin Downs Blvd to Monarch Country Club entrance. After the gate proceed straight. Continue past the clubhouse and the home is on the right.
  • Lot Size Acres: 0.325
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Martin Downs 48
  • Year Built: 1994
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-220-1116
  • 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: 3
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Furnished Or Unfurnished
  • Interior Amenities: Built-in Features, Breakfast Area, Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 1793.0
  • Stories: 1
  • Window Features: Metal, Plantation Shutters, Single Hung

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Deed Restriction
  • Exterior Features: Storm/Security Shutters
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Concrete, Tile
  • View: Golf Course
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: 3 Phase
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated with Guard
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 495.0
  • Phone: 772-781-1216
  • Association: Yes
  • Community Features: Clubhouse, Golf, Property Manager On-Site, Pool, Putting Green, Street Lights, Tennis Court(s), Trails/Paths, Gated
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Maintenance Grounds, Security

Schools

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

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6300.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2023
Closed on
Sep 8, 2023
Sold by
Rivelli Joseph R
Bought by
Hayhurst Patricia
Seller's Agent
Peter Iandoli
RE/MAX of Stuart - Palm City
Buyer's Agent
Laura Trombetta
Compass Florida LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Views
92
Current Estimated Value
$561,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,658
Avg. Annual Appreciation
5.58%
Original Mortgage
$250,000
Outstanding Balance
$244,486
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$317,172

Purchase Details

Closed on
Jul 28, 2003
Sold by
Rhodes Louis and Rhodes Delphine
Bought by
Rivelli Joseph R

Purchase Details

Closed on
Sep 11, 2000
Sold by
Bill Donald C and Bill Julia R
Bought by
Rhodes Louis and Rhodes Delphine

Purchase Details

Closed on
Oct 4, 1996
Sold by
Gualano Richard J
Bought by
Bill Donald C and Bill Julia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 1994
Sold by
Monarch Homes Fl Inc
Bought by
Gualano Richard James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.52%
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
Hayhurst Patricia $500,000 None Listed On Document
Rivelli Joseph R $250,000 Stewart Title Of Martin Coun
Rhodes Louis $180,000 --
Bill Donald C $197,000 --
Gualano Richard James $190,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hayhurst Patricia $250,000
Previous Owner Bill Donald C $100,000
Previous Owner Gualano Richard James $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2023 09/08/23 Sold $500,000 -4.8% $279 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
08/07/2023 08/07/23 For Sale $525,000 -- $293 / 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 $3,955 $262,274 -- --
2024 $7,028 $254,883 -- --
2023 $7,028 $368,916 $0 $0
2022 $6,300 $335,379 $0 $0
2021 $5,666 $304,890 $134,550 $170,340
2020 $5,311 $286,260 $119,030 $167,230
2019 $5,405 $288,060 $119,030 $169,030
2018 $5,204 $279,670 $125,000 $154,670
2017 $4,359 $266,750 $120,000 $146,750
2016 $4,208 $229,670 $80,000 $149,670
2015 $3,763 $222,260 $80,000 $142,260
2014 $3,763 $211,690 $75,000 $136,690
Source: Public Records

Agents Affiliated with this Home

  • Peter Iandoli

    Seller's Agent in 2023

    Peter Iandoli

    RE/MAX

    (772) 631-6604

    17 in this area

    33 Total Sales

    Peter Iandoli
    Section Image

  • L

    Buyer's Agent in 2023

    Laura Trombetta

    Compass Florida LLC

    (862) 266-1955

    4 in this area

    16 Total Sales

    Laura Trombetta
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20040473

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-008-000-00050-2

Florida Martin County Palm City 34990

1699 SW Monarch Club Dr, Palm City, FL

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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