NOT LISTED FOR SALE

2824 SW Lakemont Place Palm City, FL 34990

Estimated Value: $314,000 - $340,000

2 Beds
2.5 Baths
1,374 Sq Ft
$239/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $335,000 $244 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,483/month

Highlights

  • Gated with Attendant
  • Clubhouse
  • Community Pool
  • Bessey Creek Elementary School Rated A-
  • Screened Porch
  • Tennis Courts

About This Home

As of April 2022

***Multiple offers, Highest & Best Due Monday 3/28/22 @ 1 PM*** Completely remodeled turn-key, 2 bedroom, 2.5 bath townhome located in the highly desirable community of The Meadows in Palm City. Meticulously maintained, Remodeled kitchen and bathrooms, granite countertops, high end SS appliances, custom white cabinetry and light fixtures with gorgeous tile wood floors throughout. Large living room for entertaining. Enjoy the cool breeze coming from the screened in patio with new pavers, lots of privacy, and a pretty view. Private, gated community with resort style amenities which include a community clubhouse, pool and spa, tennis, and playgrounds. Martin County "A" rated school district. Just minutes to major roadways, beaches, & more! ***Multiple offers, Highest & Best Due Monday 3/28/22 @ 1 PM***

Last Agent to Sell the Property

Shannon Andersen

Keller Williams of the Treasure Coast License #3290590 Listed on: 03/21/2022

Keller Williams of the Treasure Coast

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,005

Year Built

  • Built in 1989

Lot Details

  • 1,220

HOA Fees

  • $343 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Screened Porch
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Sinks

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Patio
  • 1,220 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, insurance, internet, maintenance structure, pool(s), security

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool

Pet Policy

  • Limit on the number of pets

Additional Features

  • Clubhouse
  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,005

Year Built

Built in 1989

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Directions: Martin Downs Blvd. to Waterfall Blvd. 1st left to Lakemont Place , unit on left after stop . Please Park in guest space.
  • Lot Size Acres: 0.028
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Building Stories: 2
  • Structure Type: Townhouse
  • Subdivision Name: Meadows Prcl 50
  • Year Built: 1989
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Dual Sinks, Kitchen/Dining Combo, Living/Dining Room, Upper Level Master
  • Living Area: 1374.0
  • Stories: 2

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Patio
  • Patio And Porch Features: Patio, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 343.0
  • Association: Yes
  • Community Features: Basketball Court, Clubhouse, Pool, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Pet Restrictions
  • Senior Community: No

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Structure, Pool(s), Security

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2005.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2018
Sold by
Isaac Mendez
Bought by
Yeary Dustin and Yeary Todd
Current Estimated Value
$328,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$122,230
Interest Rate
4.65%
Estimated Equity
$206,672

Purchase Details

Listed on
May 9, 2018
Closed on
Jul 11, 2018
Sold by
Mendez Joanna S and Mendez Joanne S
Bought by
Yeary Dustin and Yeary Todd M
Seller's Agent
Teresa Cooper
HomeSmart
Buyer's Agent
Teresa Cooper
HomeSmart
List Price
$179,000
Sold Price
$175,000
Premium/Discount to List
-$4,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%

Purchase Details

Closed on
May 26, 2011
Sold by
Federal National Mortgage Association
Bought by
Scarpo Joanna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,693
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2010
Sold by
Bank Of America
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 22, 1991
Bought by
Scarpo Joanna S
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
Yeary Dustin $175,000 --
Yeary Dustin $175,000 Mariner Title Co
Scarpo Joanna S $92,000 New House Title Llc
Federal National Mortgage Association -- Attorney
Scarpo Joanna S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yeary Dustin $140,000
Closed Yeary Dustin --
Previous Owner Scarpo Joanna S $88,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $335,000 +2.8% $244 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/28/2022 03/28/22 Price Changed $326,000 +0.3% $237 / Sq Ft
03/24/2022 03/24/22 For Sale $325,000 +85.7% $237 / Sq Ft
07/11/2018 07/11/18 Sold $175,000 -2.2% $127 / Sq Ft View Prior Sale
06/11/2018 06/11/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $179,000 -- $130 / 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 $4,918 $296,830 $110,000 $186,830
2024 $4,918 $299,060 $299,060 $189,060
2023 $4,918 $294,550 $110,000 $184,550
2022 $2,004 $161,429 $0 $0
2021 $2,005 $156,728 $0 $0
2020 $1,986 $154,565 $0 $0
2019 $1,953 $151,090 $40,000 $111,090
2018 $803 $85,921 $0 $0
2017 $741 $84,154 $0 $0
2016 $723 $82,423 $0 $0
2015 $684 $81,850 $0 $0
2014 $684 $81,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shannon Andersen

    Seller's Agent in 2022

    Shannon Andersen

    Keller Williams of the Treasure Coast

    (772) 200-7683

    69 in this area

    478 Total Sales

    Shannon Andersen
    Section Image
  • Teresa Cooper

    Seller's Agent in 2018

    Teresa Cooper

    HomeSmart

    (772) 631-2794

    41 Total Sales

    Teresa Cooper
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20033557

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-008-00020-3

Florida Martin County Palm City 34990

2824 SW Lakemont Place, 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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