NOT LISTED FOR SALE

2762 SW Lake Terrace Palm City, FL 34990

Estimated Value: $817,870 - $876,000

4 Beds
3 Baths
3,013 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $799,000 $265 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,975/month

Highlights

  • Community Boat Facilities
  • Concrete Pool
  • Florida Architecture
  • Bessey Creek Elementary School Rated A-
  • Deck
  • Covered Patio or Porch

About This Home

As of March 2022

This beautiful Key West style pool home is move in ready! Be prepared to fall in love with this 4 bedroom, plus den, 3 bath home with over 3000 square feet of living space. Light and bright island kitchen features white cabinets, granite countertops, SS appliances and eat in breakfast nook. Poolside entertaining is easy with plenty of privacy to maximize outdoor living. The owners suite offers an abundance of space including a private deck to enjoy your morning coffee. Additional features include: Relaxing front porch, freshly painted exterior, new sprinklers, new well, pool recently resurfaced, new pool pump and light, new Bosch dishwasher, impact glass windows upstairs and panels on the first floor, hurricane rated garage door, circular driveway, separate driveway with side entry garage, gutters installed 2019, & 2 A/C's - 1) 2015 and 2) 2020.

Last Agent to Sell the Property

Sandy Burton

Water Pointe Realty Group License #3023784 Listed on: 12/27/2021

Last Buyer's Agent

Tina Bartolotta

ONE Sotheby's International Re License #3307096

ONE Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1999

Lot Details

  • 0.29 Acre Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Aluminum Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,013 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Shutters

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Impact Glass

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Concrete Pool
  • Balcony
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Heater
  • Septic Tank

Community Details

Recreation

  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,844

Year Built

Built in 1999

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Architectural Style: Florida
  • Garage Yn: Yes
  • Lot Size Acres: 0.288
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Rustic Hills
  • Year Built: 1999
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Interior Amenities: Bathtub, Dual Sinks, Sitting Area in Master, Split Bedrooms, Separate Shower, Upper Level Master, Walk-In Closet(s)
  • Living Area: 3013.0
  • Stories: 2
  • Window Features: Impact Glass, Shutters

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Balcony, Deck, Fence, Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Balcony, Covered, Deck, Open, Patio
  • Pool Features: Concrete
  • Pool Private: Yes
  • Roof: Aluminum
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fenced
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Trash Collection, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 18.0
  • Association: Yes
  • Community Features: Boat Facilities
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5844.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2021
Closed on
Mar 10, 2022
Sold by
Fuhrman Scot A and Fuhrman Stacey M
Bought by
Villamil Javier Antonio and Villamil Gabriela Maria
Seller's Agent
Sandy Burton
Water Pointe Realty Group
Buyer's Agent
Tina Bartolotta
ONE Sotheby's International Re
List Price
$850,000
Sold Price
$799,000
Premium/Discount to List
-$51,000
-6%
Current Estimated Value
$851,718

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,718
Avg. Annual Appreciation
2.43%
Original Mortgage
$639,200
Outstanding Balance
$599,351
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$270,024

Purchase Details

Listed on
Jan 12, 2015
Closed on
Apr 7, 2015
Sold by
Robinson Brian and Robinson Brenda
Bought by
Furhman Scot A and Fuhrman Stacey M
Seller's Agent
Mark Mullaney
RE/MAX Masterpiece Realty
Buyer's Agent
Sandy Burton
Water Pointe Realty Group
List Price
$449,900
Sold Price
$410,000
Premium/Discount to List
-$39,900
-8.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$410,000
Interest Rate
3.89%
Mortgage Type
VA

Purchase Details

Closed on
Nov 30, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Robinson Brian and Robinson Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,467
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2009
Sold by
Funk Brian D and Funk Lori A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 2, 2009
Sold by
Funk Brian D and Funk Lori A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Mar 13, 1995
Sold by
Butterworth Mary M
Bought by
Mark Watson W and Watson Becky B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,200
Interest Rate
9.13%
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
Villamil Javier Antonio $799,000 Merit Title
Furhman Scot A $410,000 Attorney
Robinson Brian $299,900 Buyers Title Inc
Deutsche Bank National Trust Company -- None Available
Deutsche Bank National Trust Company -- None Available
Mark Watson W $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villamil Javier Antonio $639,200
Previous Owner Fuhrman Scot A $367,250
Previous Owner Fuhrman Scot A $367,250
Previous Owner Fuhrman Scot A $367,250
Previous Owner Furhman Scot A $410,000
Previous Owner Robinson Brian $294,467
Previous Owner Funk Brian $453,750
Previous Owner Funk Brian $151,250
Previous Owner Funk Brian D $182,000
Previous Owner Funk Brian D $166,000
Previous Owner Funk Brian D $100,000
Previous Owner Funk Brian D $350,000
Previous Owner Funk Brian D $292,500
Previous Owner Funk Brian D $244,000
Previous Owner Watson W Mark $56,000
Previous Owner Mark Watson W $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $799,000 -6.0% $265 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
12/27/2021 12/27/21 For Sale $850,000 +107.3% $282 / Sq Ft
04/07/2015 04/07/15 Sold $410,000 -8.9% $136 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
01/12/2015 01/12/15 For Sale $449,900 -- $149 / 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 $5,030 $329,547 -- --
2024 $4,927 $320,260 -- --
2023 $4,927 $310,933 $0 $0
2022 $5,942 $378,666 $0 $0
2021 $5,959 $367,637 $0 $0
2020 $5,844 $362,562 $0 $0
2019 $5,772 $354,411 $0 $0
2018 $5,625 $347,804 $0 $0
2017 $4,987 $340,650 $102,000 $238,650
2016 $5,264 $336,630 $97,500 $239,130
2015 $3,567 $241,279 $0 $0
2014 $3,567 $239,364 $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: M20032238

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-001-000-01340-7