$266,000
SOLD APR 30, 2025

2837 SW Lakemont Place Palm City, FL 34990

2 Beds
2.5 Baths
1,374 Sq Ft
$450/mo HOA Fee

Recently Sold

$194 Per Sq Ft

5% Below List Price

23 Days on Market

Highlights

  • Cabana
  • Gated Community
  • Community Barbecue Grill
  • Bessey Creek Elementary School Rated A-
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of April 2025

Come and see this beautiful townhome within the desirable community of The Meadows located in Palm City. With the playground and community pool it makes the perfect place to call home. Feel free to bring your pets too but please limit to 2 to stay within the restrictions. This 2 bedroom, 2 1/2 bathroom townhome has the comfort of whole house hurricane protection (impact and shutters) along with a metal roof that was installed in 2018. The interior has miscellaneous updates as well that includes but not limited to a bathroom and flooring allowing for a stress-free move...I'd say just bring your toothbrush but you may need some furniture as well. No lease for first year and 4 month minimum once per 12 month period after that.

Last Agent to Sell the Property

Austin Clifford

Water Pointe Realty Group Brokerage Phone: 772-486-9166 License #3283989 Listed on: 03/08/2025

Last Buyer's Agent

Mark Jones

Jones and Associates Realty LLC License #3289161

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1989

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

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

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, pest control, recreation facilities, reserve fund, security, taxes

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Breed Restrictions

Additional Features

  • Community Barbecue Grill
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,865

Year Built

Built in 1989

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • 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
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-486-9166
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 1374.0
  • Stories: 2

Exterior Features

  • Construction Type: Block, Concrete
  • Other Structures: Cabana
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 450.0
  • Association: Yes
  • Community Features: Barbecue, Basketball Court, Bocce Court, Pickleball, Pool, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Pet Restrictions
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Security, Taxes

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1865.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2025
Closed on
Apr 30, 2025
Sold by
Dack Shannon Michelle
Bought by
Markin Christopher
Seller's Agent
Austin Clifford
Water Pointe Realty Group
Buyer's Agent
Mark Jones
Jones and Associates Realty LLC
List Price
$280,000
Sold Price
$266,000
Premium/Discount to List
-$14,000
-5%
Views
14
Current Estimated Value
$264,964

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,036
Avg. Annual Appreciation
-1.18%
Original Mortgage
$258,020
Outstanding Balance
$257,567
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$7,397

Purchase Details

Closed on
Feb 6, 2019
Sold by
Dabiran Kiumars
Bought by
Dack Shannon Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2015
Sold by
Morrealle Peter
Bought by
Dabiran Kiumars and Dabiran Gity

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 1989
Bought by
Dabiran Kiumars

Purchase Details

Closed on
Jan 1, 1901
Bought by
Dabiran Kiumars
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 $266,000 None Listed On Document
Warranty Deed $266,000 None Listed On Document
Warranty Deed $162,500 Infinity Title Ins Agency In
Warranty Deed $190,000 Infiniti Title Ins Agency In
Deed $79,900 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $258,020 New Conventional
Closed $258,020 New Conventional
Previous Owner $62,500 New Conventional
Previous Owner $114,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Sold $266,000 +0.4% $194 / Sq Ft
03/31/2025 03/31/25 Pending -- -- --
03/28/2025 03/28/25 Price Changed $265,000 -5.4% $193 / Sq Ft
03/08/2025 03/08/25 For Sale $280,000 -- $204 / 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 $1,865 $159,255 -- --
2024 $1,823 $154,767 -- --
2023 $1,823 $150,260 $0 $0
2022 $1,745 $145,884 $0 $0
2021 $1,744 $141,635 $0 $0
2020 $1,727 $139,680 $50,000 $89,680
2019 $2,314 $130,940 $40,000 $90,940
2018 $2,143 $121,990 $40,000 $81,990
2017 $1,933 $114,450 $50,000 $64,450
2016 $1,811 $106,560 $40,000 $66,560
2015 $658 $80,284 $0 $0
2014 $658 $79,647 $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: M20049554

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-004-00030-0