NOT LISTED FOR SALE

2842 SW Newberry Ct Palm City, FL 34990

Estimated Value: $767,010 - $886,000

4 Beds
3 Baths
3,690 Sq Ft
$222/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $380,000 $103 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $5,148/month

72 Days on Market

Highlights

  • Gated Community
  • Fruit Trees
  • Spanish Architecture
  • Palm City Elementary School Rated A-
  • Cathedral Ceiling
  • Community Pool

About This Home

As of April 2015

Located behind the protective gates of Oakbrooke Estates, this majestic 4 bed/3 bath home offers an idyllic front lake view. Enter the 3,600SF home and you are immediately greeted by soaring 20+ foot ceilings, and a grand stairway. The updated kitchen features an island and BRAND NEW stainless appliances and granite, perfect for entertaining family and guests alike. The generous downstairs master bedroom has two cavernous walk-in closets and a luxurious bath with separate shower and Roman tub. Upstairs, discover a landing large enough to capture a fifth bedroom. Three more bedrooms and two baths complete the second level. Bring your ultra custom pool plans for the backyard! Direct access from community to Palm City Elementary; community pool.

Last Agent to Sell the Property

Stephen Ngo

Illustrated Properties License #3285900 Listed on: 01/05/2015

Illustrated Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 2004

Lot Details

  • West Facing Home
  • Fenced
  • Fruit Trees

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Spanish Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,690 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Septic Tank

Community Details

Recreation

  • Community Pool

Additional Features

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,550

Year Built

Built in 2004

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Architectural Style: Spanish
  • Directions: From Martin Hwy- turn onto Newberry Court, R
  • Garage Yn: Yes
  • Lot Size: .23acre
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Subdivision Name: OAKBROOKE ESTS/GDNS PH 02
  • Year Built: 2004
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer, Humidifier
  • Full Bathrooms: 3
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Eat-in Kitchen, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 3690.0
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Disclosures: Seller Disclosure
  • Exterior Features: Fence, Fruit Trees, Room For Pool, Storm/Security Shutters
  • Pool Features: Community
  • Pool Private: No
  • Roof: Barrel
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 3.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 180.0
  • Association: Yes
  • Community Features: Pool, Street Lights, Sidewalks, Gated
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5550.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 17, 2015
Sold by
Kumar Madhuresh
Bought by
Semrai William J and Semrai Song L
Seller's Agent
Stephen Ngo
Illustrated Properties
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%
Current Estimated Value
$818,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,253
Avg. Annual Appreciation
7.86%
Original Mortgage
$250,000
Outstanding Balance
$92,372
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$739,982

Purchase Details

Listed on
Jan 5, 2015
Closed on
Apr 15, 2015
Sold by
Kumar Madhurendu Bhushan and Kumar Sharda S
Bought by
Semrai William J and Semrai Song L
Seller's Agent
Stephen Ngo
Illustrated Properties
List Price
$409,000
Sold Price
$380,000
Premium/Discount to List
-$29,000
-7.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$92,372
Interest Rate
3.18%
Mortgage Type
New Conventional
Estimated Equity
$739,982

Purchase Details

Closed on
Apr 9, 2012
Sold by
Kumar Madhurendu B and Kumar Sharda
Bought by
Kumar Madhuresh

Purchase Details

Closed on
Dec 15, 2004
Sold by
Tousa Homes Inc
Bought by
Kumar Madhurendu B and Kumar Sharda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Semrai William J $380,000 Signature Title Fl Partners
Semrai William J -- Signature Title Fl Partners
Kumar Madhuresh -- Attorney
Kumar Madhurendu Bhushan -- Attorney
Kumar Madhurendu B $435,400 Universal Land Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Semrai William J $250,000
Closed Semrai William J $250,000
Previous Owner Kumar Madhurendu B $300,000
Previous Owner Kumar Madhurendu B $348,000
Closed Kumar Madhurendu B $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2015 04/17/15 Sold $380,000 -7.1% $103 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/05/2015 01/05/15 For Sale $409,000 -- $111 / 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 $6,119 $397,740 -- --
2024 $6,001 $386,531 -- --
2023 $6,001 $375,273 $0 $0
2022 $5,786 $364,343 $0 $0
2021 $5,804 $353,732 $0 $0
2020 $5,692 $348,849 $0 $0
2019 $5,623 $341,006 $0 $0
2018 $5,482 $334,648 $0 $0
2017 $4,854 $327,765 $0 $0
2016 $5,083 $321,024 $0 $0
2015 $5,550 $346,950 $95,000 $251,950
2014 $5,550 $320,570 $80,000 $240,570
Source: Public Records

Agents Affiliated with this Home

  • Stephen Ngo

    Seller's Agent in 2015

    Stephen Ngo

    Illustrated Properties

    (303) 520-5947

    37 in this area

    94 Total Sales

    Stephen Ngo
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M379784

Martin County REALTORS® of the Treasure Coast

APN: 18-38-41-027-000-00330-0

Florida Martin County Palm City 34990

2842 SW Newberry Ct, Palm City, FL

This home is located at 2842 SW Newberry Ct, Palm City, FL 34990 since 05 January 2015 and is currently estimated at $818,253, approximately $221 per square foot. This property was built in 2004. 2842 SW Newberry Ct is a home located in Martin County with nearby schools including Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.

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Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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