$365,000
SOLD APR 3, 2025

2824 SW Ridgewood Place Palm City, FL 34990

2 Beds
2 Baths
1,525 Sq Ft
5,436 Sq Ft Lot

Recently Sold

$239 Per Sq Ft

13% Below List Price

215 Days on Market

Highlights

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

About This Home

As of April 2025

Embrace the charm of this 2-bedroom, 2-bathroom villa nestled in the beautifully landscaped Meadows Community. Featuring two spacious suites with a split layout and an open floor plan, this home seamlessly blends comfort and style. The primary suite boasts dual closets, a walk-in shower, and dual sinks, while the second suite offers a walk-in closet and a shower/tub combination. The open-concept design flows effortlessly into the inviting family room and screened porch, creating the perfect space for relaxed living. The kitchen is equipped with wood cabinets and stainless steel appliances. Additional conveniences include a laundry room with a utility sink and pantry, along with a 2-car garage. Conveniently located near I-95, the Turnpike, shopping, and dining, The Meadows community offers

Last Agent to Sell the Property

Deborah LeClaire

The Keyes Company - Stuart License #3470725 Listed on: 08/31/2024

The Keyes Company - Stuart

Last Buyer's Agent

Beverly Shanahan

Keller Williams Realty Consultants License #677214

Keller Williams Realty Consultants

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,246

Year Built

  • Built in 1992

Lot Details

  • 5,436 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $501 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Garden

Home Design

  • Villa
  • Metal Roof

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Patio

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 123840012000000800
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, recreation facilities
  • The Meadows At Martin Dow Subdivision, Capri Floorplan

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,246

Year Built

Built in 1992

Lot Details

0

HOA Fees

$501 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Condominium,Villa
  • Directions: Martin Downs Blvd to SW Waterfall Blvd take left on Ridgewood Place.
  • Year Built: 1992
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Kitchen/Dining Combo, Split Bedrooms
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1525.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Lake
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 501.0
  • Community Features: Clubhouse, Gated, Park, Pickleball, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Library, Management, Pickleball, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

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

Schools

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

Lot Info

  • Parcel #: 123840012000000800
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 5436.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1246.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Apr 3, 2025
Sold by
Reich Andrew Adam
Bought by
Simpson Patrick and Simpson Leslie
Seller's Agent
Deborah LeClaire
The Keyes Company - Stuart
Buyer's Agent
Beverly Shanahan
Keller Williams Realty Consultants
List Price
$420,000
Sold Price
$365,000
Premium/Discount to List
-$55,000
-13.1%
Views
42
Current Estimated Value
$374,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,448
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Mar 22, 2023
Closed on
Sep 20, 2023
Sold by
Myles Marilyn R
Bought by
Reich Andrew Adam
Seller's Agent
Elizabeth Grund
RE/MAX of Stuart
List Price
$409,900
Sold Price
$360,000
Premium/Discount to List
-$49,900
-12.17%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Jul 24, 1992
Bought by
Myles Herbert A and Myles Marilyn R

Purchase Details

Closed on
Nov 30, 1990
Bought by
Myles Herbert A and Myles Marilyn R

Purchase Details

Closed on
Jan 1, 1901
Bought by
Myles Herbert A and Myles Marilyn R
Source: Public Records

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Range of Values:

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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 $365,000 None Listed On Document
Warranty Deed $365,000 None Listed On Document
Warranty Deed $360,000 Home Partners Title Services
Deed $92,700 --
Deed $4,988,800 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $265,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $100,000 Credit Line Revolving
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2025 04/03/25 Sold $365,000 -3.2% $239 / Sq Ft
02/23/2025 02/23/25 Price Changed $377,000 -2.1% $247 / Sq Ft
12/04/2024 12/04/24 Price Changed $385,000 -2.5% $252 / Sq Ft
11/04/2024 11/04/24 Price Changed $395,000 -3.7% $259 / Sq Ft
09/24/2024 09/24/24 Price Changed $410,000 -2.4% $269 / Sq Ft
08/31/2024 08/31/24 For Sale $420,000 +16.7% $275 / Sq Ft
09/20/2023 09/20/23 Sold $360,000 -7.7% $236 / Sq Ft
08/28/2023 08/28/23 Pending -- -- --
08/22/2023 08/22/23 Price Changed $389,900 -4.9% $256 / Sq Ft
08/04/2023 08/04/23 Price Changed $409,900 0.0% $269 / Sq Ft
08/04/2023 08/04/23 For Sale $409,900 -2.4% $269 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $419,900 0.0% $275 / Sq Ft
08/03/2023 08/03/23 For Sale $419,900 +5.0% $275 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $399,900 -4.8% $262 / Sq Ft
06/07/2023 06/07/23 Price Changed $419,900 -1.2% $275 / Sq Ft
04/29/2023 04/29/23 Price Changed $425,000 -1.1% $279 / Sq Ft
03/22/2023 03/22/23 For Sale $429,900 -- $282 / Sq Ft
Source: BeachesMLS

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 $5,349 $341,980 $130,000 $211,980
2024 $1,246 $344,690 $344,690 $214,690
2023 $1,246 $157,984 $0 $0
2022 $1,235 $153,383 $0 $0
2021 $1,238 $148,916 $0 $0
2020 $1,164 $146,860 $0 $0
2019 $1,875 $143,558 $0 $0
2018 $1,827 $140,882 $0 $0
2017 $1,391 $137,985 $0 $0
2016 $1,689 $135,147 $0 $0
2015 $1,603 $134,208 $0 $0
2014 $1,603 $133,143 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11017036

BeachesMLS

APN: 12-38-40-012-000-00080-0