NOT LISTED FOR SALE

1868 SW Pinewood Way Palm City, FL 34990

Estimated Value: $791,452 - $960,000

4 Beds
3 Baths
2,397 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 06, 2024

Last sale price $923,000 $385 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,677/month

18 Days on Market

Highlights

  • Concrete Pool
  • Gated Community
  • Covered Patio or Porch
  • Bessey Creek Elementary School Rated A-
  • Florida Architecture
  • Breakfast Area or Nook

About This Home

As of March 2024

Fantastic opportunity in the River Oaks enclave of Palm City! Built in 2020, this 4 Bed plus Office, 3 full Bath residence feels like a model home. Concrete construction and impact glass windows and doors. Built by Showcase Designer Homes with signature extras like 9.5 foot ceilings, large crown and baseboards, wood casing, 12-panel French doors, wood look tile, and peaceful front porch. Inside, a grand shiplap hall leads to an office, guest bed and bath, and abundant open living. The kitchen offers quartz tops, a paneled island, and custom cabinetry. Living and Dining areas flow into each other. Two more guest rooms and a bath provid ample storage, finished with woodworked details and frameless glass. Main Suite has 2 walk in closets, dual vanity, large shower, and frameless glass shower. Outside, enjoy a screened lanai with wood ceiling covered area with modern A&G pool and deck. River Oaks is a small gated community of 21 newer, semi-custom residences with low impact HOA.

Last Agent to Sell the Property

Stephen Ngo

Illustrated Properties Brokerage Phone: 772-287-1777 License #3285900 Listed on: 01/30/2024

Illustrated Properties

Last Buyer's Agent

Patricia Arencibia

Premier Realty Group Inc License #3262331

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $422

Year Built

  • Built in 2020

Lot Details

  • 10,019 Sq Ft Lot
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $115 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,397 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • 1 to 5 Parking Spaces

Pool

  • Concrete Pool
  • In Ground Pool

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas, ground maintenance, security

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$422

Year Built

Built in 2020

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Architectural Style: Florida
  • Garage Yn: Yes
  • Lot Size Acres: 0.23
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: River Oaks
  • Year Built: 2020
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-287-1777
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area
  • Living Area: 2397.0
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Porch, Patio
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Open, Patio, Porch
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • Property Condition: Resale
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Covered, Garage, Two Spaces
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 115.0
  • Association: Yes
  • Community Features: Street Lights, Sidewalks, Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

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

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 422.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2024
Closed on
Mar 6, 2024
Sold by
Smith William C
Bought by
Stanley George D and Stanley Theresa A
Seller's Agent
Stephen Ngo
Illustrated Properties
Buyer's Agent
Patricia Arencibia
Premier Realty Group Inc
List Price
$949,999
Sold Price
$923,000
Premium/Discount to List
-$26,999
-2.84%
Views
27
Current Estimated Value
$862,863

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$60,137
Avg. Annual Appreciation
-4.05%
Original Mortgage
$686,250
Outstanding Balance
$672,033
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$190,830

Purchase Details

Closed on
Aug 27, 2020
Sold by
Showcase Designer Homes Lc
Bought by
Smith William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3%
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
Stanley George D $923,000 None Listed On Document
Smith William C $615,000 Arrow Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stanley George D $686,250
Previous Owner Smith William C $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/06/2024 03/06/24 Sold $923,000 -2.8% $385 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/04/2024 02/04/24 For Sale $949,999 -- $396 / 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 $445 $692,200 $250,000 $442,200
2024 $422 $576,444 -- --
2023 $422 $559,655 $0 $0
2022 $406 $536,166 $0 $0
2021 $0 $520,550 $150,000 $370,550
2020 $0 $49,500 $49,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20043110

Martin County REALTORS® of the Treasure Coast

APN: 07-38-41-027-000-00020-0