NOT LISTED FOR SALE

2005 SW Olympic Club Terrace Palm City, FL 34990

Estimated Value: $443,000 - $517,830

3 Beds
2.5 Baths
2,510 Sq Ft
$195/Sq Ft Est. Value

Last Sold October 26, 2021

Last sale price $470,000 $187 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,371/month

Highlights

  • Gated Community
  • Clubhouse
  • Cathedral Ceiling
  • Bessey Creek Elementary School Rated A-
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2021

This stand-out home located in Palm City has been tastefully designed without a detail left to spare. Spacious and bright, 2,510 sqft. under air, nestled in the much-desired gated community Charter Club, this one-of-a kind home offers 3 spacious bedrooms, 2.5 magnificent bathrooms, Master on first floor, 2 car garage, loft for media, office or play, a kitchen you will fall in love with and some of the finest touches making this home stand out. Seller replaced the roof in 2021 offering warranty/wind mitigation. Fantastic tropical private backyard, enclosed porch off the master and living area. The seller has taken pride in making this an exceptional turnkey ready home. Shows like a model as the seller has not spared any expense at making this a spectacular home. Community offers pool, club house, tennis, Cable, lawn, internet for a low HOA fee. Ideally located in the heart of Palm City. Come see for yourself the tremendous value this special property offers.

Last Agent to Sell the Property

Cindy Capwell

Capwell Group Real Estate Inc. License #3271315 Listed on: 09/05/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1990

Lot Details

  • 6,011 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,510 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Cathedral Ceiling
  • Entrance Foyer
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Garden Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, internet, ground maintenance, recreation facilities, security
  • Association Phone (772) 288-6314
  • Property Manager

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,532

Year Built

Built in 1990

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Architectural Style: Contemporary
  • Directions: Martin Downs Blvd to Charter Club, make a right after the gate, house is on the right.
  • Garage Yn: Yes
  • Lot Size Acres: 0.138
  • Lot Size: .1380
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Charter Club At Martin Downs
  • Year Built: 1990
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Breakfast Area, Cathedral Ceiling(s), Entrance Foyer, High Ceilings, Kitchen/Dining Combo, Master Downstairs, Pantry, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Living Area: 2510.0
  • Spa Features: Community
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Sprinkler/Irrigation, Patio, Room For Pool
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Concrete, Tile
  • View: Garden
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 250.0
  • Phone: 772-288-6314
  • Association: Yes
  • Community Features: Clubhouse, Property Manager On-Site, Pool, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Internet, Maintenance Grounds, Recreation Facilities, Security

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4532.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Oct 26, 2021
Sold by
Levy Andrea L and Baughman Brian
Bought by
Lavalle Richard and Lavalle Kelly
Seller's Agent
Cindy Capwell
Capwell Group Real Estate Inc.
List Price
$460,000
Sold Price
$470,000
Premium/Discount to List
$10,000
2.17%
Current Estimated Value
$488,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,708
Avg. Annual Appreciation
0.98%
Original Mortgage
$376,000
Outstanding Balance
$343,620
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$145,088

Purchase Details

Listed on
May 11, 2017
Closed on
Jun 22, 2017
Sold by
Fervase Joseph A
Bought by
Levy Andrea L
Seller's Agent
Cindy Capwell
Capwell Group Real Estate Inc.
Buyer's Agent
Cindy Capwell
Capwell Group Real Estate Inc.
List Price
$349,900
Sold Price
$329,900
Premium/Discount to List
-$20,000
-5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.48%
Original Mortgage
$279,710
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 30, 2016
Closed on
Jan 20, 2017
Sold by
Weaver Kathryn E
Bought by
Gervase Joseph A
Seller's Agent
Vanessa Gumm
Berkshire Hathaway Florida Realty
Buyer's Agent
Cindy Capwell
Capwell Group Real Estate Inc.
List Price
$237,000
Sold Price
$196,000
Premium/Discount to List
-$41,000
-17.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
245.46%

Purchase Details

Closed on
Dec 22, 2014
Sold by
Weaver Willis W
Bought by
Weaver Kathryn E

Purchase Details

Closed on
Dec 26, 1990
Bought by
Weaver Kathryn E

Purchase Details

Closed on
Nov 24, 1986
Bought by
Weaver Kathryn E
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 Buyer Sale Price Title Company
Lavalle Richard $470,000 Attorney
Levy Andrea L $329,900 Attorney
Gervase Joseph A $196,000 Attorney
Weaver Kathryn E $100 --
Weaver Kathryn E $161,500 --
Weaver Kathryn E $3,600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavalle Richard $376,000
Previous Owner Levy Andrea L $279,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/26/2021 10/26/21 Sold $470,000 +2.2% $187 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $460,000 +39.4% $183 / Sq Ft
06/22/2017 06/22/17 Sold $329,900 -5.7% $131 / Sq Ft View Prior Sale
05/23/2017 05/23/17 Pending -- -- --
05/11/2017 05/11/17 For Sale $349,900 +78.5% $139 / Sq Ft
01/20/2017 01/20/17 Sold $196,000 -17.3% $78 / Sq Ft View Prior Sale
12/21/2016 12/21/16 Pending -- -- --
12/05/2016 12/05/16 For Sale $237,000 -- $94 / 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 $6,602 $428,008 -- --
2024 $6,478 $415,946 -- --
2023 $6,478 $403,832 $0 $0
2022 $6,248 $392,070 $120,000 $272,070
2021 $4,638 $286,329 $0 $0
2020 $4,532 $282,376 $0 $0
2019 $4,475 $276,027 $0 $0
2018 $4,362 $270,880 $80,000 $190,880
2017 $1,828 $154,065 $0 $0
2016 $2,098 $150,896 $0 $0
2015 $1,996 $149,846 $0 $0
2014 $1,996 $148,657 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cindy Capwell

    Capwell Group Real Estate Inc.

    (772) 341-2508

    27 in this area

    64 Total Sales

    Cindy Capwell
    Section Image

  • V

    Seller's Agent in 2017

    Vanessa Gumm

    Berkshire Hathaway Florida Realty

    (772) 283-2800

    5 in this area

    106 Total Sales

    Vanessa Gumm
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20030990

Martin County REALTORS® of the Treasure Coast

APN: 18-38-41-018-000-01030-8

Florida Martin County Palm City 34990

2005 SW Olympic Club Terrace, 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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