$400,000
SOLD APR 7, 2025

2589 SW Bobalink Ct Palm City, FL 34990

3 Beds
2 Baths
1,591 Sq Ft
8,930 Sq Ft Lot

Recently Sold

$251 Per Sq Ft

20% Below List Price

201 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Pond View
  • Citrus Grove Elementary School Rated A-
  • Newly Remodeled
  • Cathedral Ceiling

About This Home

As of April 2025

This charming 3/2/2 home is in the desirable community of Ibis Point in Martin Downs. Step inside to the expansive living area with cathedral ceilings that creates an airy, open feel. The living space flows into the dining room, making it perfect for entertaining. The bright white kitchen has plantation shutters that allow just the right amount of natural light to filter in. The main living area has tile flooring, while two of the bedrooms feature classic parquet floors. The large main suite offers an updated vanity topped with granite counters. Step out onto the screened porch, with a lake view, perfect for enjoying your morning coffee or winding down in the evening. The community offers 2 golf courses, 1 public and 1 private, other Optional memberships available to the nearby grounds of The Village Club & Preserve, which allows access to. pools, tennis and pickleball, basketball, fitness trail, dog park, and other recreational features. For info visit www.villageclubpreserve.com

Last Agent to Sell the Property

Susan Andersen

Compass Florida, LLC Brokerage Phone: 305-851-2820 License #672155 Listed on: 08/17/2024

Compass Florida, LLC

Co-Listed By

Kari Lydon

Compass Florida LLC Brokerage Phone: 305-851-2820 License #3409370

Last Buyer's Agent

Sheena Gray

RE/MAX Gold License #3414087

RE/MAX Gold

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,009

Year Built

  • Built in 1986 | Newly Remodeled

Lot Details

  • 8,930 Sq Ft Lot
  • Property fronts a private road
  • Sprinkler System

HOA Fees

  • $321 Monthly HOA Fees

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Stucco

Interior Spaces

  • 1,591 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pond Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Parquet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, reserve fund, security

Recreation

  • Golf Course Community
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,009

Year Built

Built in 1986 | Newly Remodeled

Lot Details

0

HOA Fees

$321 per month

Listing Details

  • Architectural Style: Mediterranean
  • Co List Office Mls Id: 276719540
  • Co List Office Phone: 305-851-2820
  • Directions: Martin Downs Blvd to entrence to West Villages & Crane Creek in Martin Downs, go through the guard gate and take first right, then turn left onto Bobalink Ct, the house is immediately on your right.
  • Garage Yn: Yes
  • Lot Size Acres: 0.205
  • New Construction: Yes
  • 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: Ibis Point
  • Year Built: 1986
  • Year Built Details: New
  • Ownership: Fee Simple
  • Attribution Contact: 305-851-2820
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Parquet
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Cathedral Ceiling(s), Eat-in Kitchen, Living/Dining Room, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1591.0
  • Stories: 1

Exterior Features

  • Construction Type: Concrete, Stucco
  • Exterior Features: Sprinkler/Irrigation, Patio
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • Roof: Barrel
  • View: Pond
  • 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, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 321.0
  • Association: Yes
  • Community Features: Golf, Gated, Street Lights, Sidewalks, Trails/Paths
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Reserve Fund, Security

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6009.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2024
Closed on
Apr 3, 2025
Sold by
Sevy Richard K
Bought by
Fischbach Timothy and Fischbach Veronica
Seller's Agent
Susan Andersen
Compass Florida, LLC
Buyer's Agent
Sheena Gray
RE/MAX Gold
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
48
Current Estimated Value
$403,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,915
Avg. Annual Appreciation
2.55%
Original Mortgage
$320,000
Outstanding Balance
$319,170
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$85,292

Purchase Details

Closed on
Feb 25, 2015
Sold by
Sevy Jack
Bought by
Sevy Jack and Sevy Richard K

Purchase Details

Closed on
Apr 13, 2010
Sold by
Nolan Lori A
Bought by
Sevy Jack

Purchase Details

Closed on
Mar 17, 2000
Sold by
Campbell Lucille A
Bought by
Nolan Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,400
Interest Rate
8.29%
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 Type Sale Price Title Company
Warranty Deed $400,000 Omega National Title Agency
Interfamily Deed Transfer -- Attorney
Warranty Deed $182,900 Attorney
Warranty Deed $132,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $18,000 Credit Line Revolving
Previous Owner $129,900 New Conventional
Previous Owner $125,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2025 04/07/25 Sold $400,000 -4.5% $251 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/01/2025 03/01/25 Price Changed $419,000 -1.4% $263 / Sq Ft
02/17/2025 02/17/25 Price Changed $425,000 -3.2% $267 / Sq Ft
01/20/2025 01/20/25 Price Changed $439,000 -2.2% $276 / Sq Ft
01/08/2025 01/08/25 Price Changed $449,000 -2.2% $282 / Sq Ft
12/09/2024 12/09/24 Price Changed $459,000 -5.2% $288 / Sq Ft
11/01/2024 11/01/24 Price Changed $484,000 -1.0% $304 / Sq Ft
09/26/2024 09/26/24 Price Changed $489,000 -2.0% $307 / Sq Ft
08/17/2024 08/17/24 For Sale $499,000 -- $314 / 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 $6,274 $364,320 $155,000 $209,320
2024 $6,010 $354,720 $354,720 $204,720
2023 $6,010 $334,670 $334,670 $184,670
2022 $3,123 $204,312 $0 $0
2021 $3,115 $198,362 $0 $0
2020 $3,017 $195,624 $0 $0
2019 $2,976 $191,226 $0 $0
2018 $2,899 $187,660 $0 $0
2017 $2,423 $183,800 $0 $0
2016 $2,686 $180,020 $82,500 $97,520
2015 $1,757 $130,616 $0 $0
2014 $1,757 $129,579 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20046318

Martin County REALTORS® of the Treasure Coast

APN: 13-38-40-013-000-01180-4