NOT LISTED FOR SALE

2026 SW Olympic Club Terrace Palm City, FL 34990

Estimated Value: $377,000 - $391,000

2 Beds
2 Baths
1,850 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $233,500 $126 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,756/month

Highlights

  • Cabana
  • Gated Community
  • Contemporary Architecture
  • Bessey Creek Elementary School Rated A-
  • Lake View
  • Tennis Courts

About This Home

As of November 2018

LOWEST PRICE PER SQUARE FOOT IN CHARTER CLUB. A little imagination goes a long way! This open floorplan has tons of possibilities for you to put your personal touch and create your dream home! Spacious two bedroom, two bath single level home available in the highly desirable community of Charter Club! This home features a an eat-in kitchen with updated cabinets, split bedrooms, updated baths and a screened patio with a gorgeous lake view! New laminate flooring in the living area and newer carpet in the bedrooms leaves very little work left to do. The community is gated and features a community swimming pool and tennis courts. HOA fee includes basic cable and all lawn care.

Last Agent to Sell the Property

Kelley Decowski

RE/MAX of Stuart License #3289458 Listed on: 05/09/2018

RE/MAX of Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1989

Lot Details

  • Property fronts a private road
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Additional Features

  • Cabana
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, recreation facilities

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,503

Year Built

Built in 1989

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Lot Size: 4487
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 1
  • Subdivision Name: Charter Club At Martin Downs
  • Year Built: 1989
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Eat-in Kitchen, Master Downstairs, Living/Dining Room, Split Bedrooms
  • Living Area: 1850.0
  • Spa Features: Community
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Disclosures: Deed Restriction
  • Exterior Features: Sprinkler/Irrigation
  • Lot Features: Sprinklers Automatic
  • Other Structures: Cabana
  • Pool Features: Community
  • Pool Private: No
  • Roof: Concrete, Tile
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated Community, Security Guard

Condo/Co-op/Association

  • Association Fee: 243.0
  • Association: Yes
  • Community Features: Pool, Tennis Court(s)
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

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

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3503.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2018
Closed on
Nov 14, 2018
Sold by
Martinelli Stefani and Cheatwood Stefanie
Bought by
Mershon Elizabeth
Seller's Agent
Kelley Decowski
RE/MAX of Stuart
List Price
$264,000
Sold Price
$233,500
Premium/Discount to List
-$30,500
-11.55%
Current Estimated Value
$383,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,059
Avg. Annual Appreciation
7.37%
Original Mortgage
$186,800
Outstanding Balance
$163,917
Interest Rate
4.7%
Mortgage Type
New Conventional
Estimated Equity
$219,642

Purchase Details

Closed on
Jan 24, 2007
Sold by
Wood Patricia H
Bought by
Cheatwood Carolyn W

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
6.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 27, 2003
Sold by
Ogrady Mary
Bought by
Wood Patricia H

Purchase Details

Closed on
Sep 4, 1991
Bought by
Cheatwood Carolyn W
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
Mershon Elizabeth $233,500 Attorney
Cheatwood Carolyn W $289,900 Stewart Title Of Martin Coun
Wood Patricia H $189,000 First American Title Ins Co
Cheatwood Carolyn W $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mershon Elizabeth $186,800
Previous Owner Cheatwood Carolyn W $100,000
Previous Owner Cheatwood Carolyn W $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2018 11/14/18 Sold $233,500 -11.6% $126 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $264,000 -- $143 / 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 $5,947 $336,890 $145,000 $191,890
2024 $3,636 $334,820 $334,820 $189,820
2023 $3,636 $233,630 $0 $0
2022 $3,498 $226,826 $0 $0
2021 $3,494 $220,220 $0 $0
2020 $3,394 $217,180 $80,000 $137,180
2019 $3,469 $219,080 $80,000 $139,080
2018 $3,976 $228,230 $90,000 $138,230
2017 $3,193 $206,060 $90,000 $116,060
2016 $3,295 $196,200 $85,000 $111,200
2015 $2,751 $175,970 $70,000 $105,970
2014 $2,751 $172,390 $65,000 $107,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20011647

Martin County REALTORS® of the Treasure Coast

APN: 18-38-41-018-000-01990-6