NOT LISTED FOR SALE

2848 SW Lakemont Place Palm City, FL 34990

Estimated Value: $265,381 - $304,000

2 Beds
2.5 Baths
1,374 Sq Ft
$207/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $157,000 $114 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,110/month

Highlights

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

About This Home

As of August 2019

This home is located at 2848 SW Lakemont Place, Palm City, FL 34990 since 11 August 2019 and is currently estimated at $284,095, approximately $206 per square foot. This property was built in 1989. 2848 SW Lakemont Place is a home located in Martin County with nearby schools including Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Last Agent to Sell the Property

Jorgine Langone

Laviano & Associates Real Esta License #3171366 Listed on: 08/11/2019

Laviano & Associates Real Esta

Last Buyer's Agent

Sandy Burton

Water Pointe Realty Group License #3023784

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,175

Year Built

  • Built in 1989

Lot Details

  • 1,220

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance
  • Property Manager

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Additional Features

  • Community Barbecue Grill
  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,175

Year Built

Built in 1989

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • 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
  • Living Area: 1374.0
  • Stories: 2

Exterior Features

  • Construction Type: Block, Concrete
  • Disclosures: Deed Restriction
  • Pool Features: Community
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Gated with Guard, Security Guard

Condo/Co-op/Association

  • Association Fee: 313.0
  • Association: Yes
  • Community Features: Barbecue, Playground, Property Manager On-Site, Pool, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2175.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2020
Sold by
Delowery Michael R and Delowery Kathleen A
Bought by
New London 2 Llc
Current Estimated Value
$284,095

Purchase Details

Listed on
Aug 11, 2019
Closed on
Aug 28, 2019
Sold by
Naslonski John G and Naslonski Teri L
Bought by
Delowery Michael R and Delowery Kathleen A
Seller's Agent
Jorgine Langone
Laviano & Associates Real Esta
Buyer's Agent
Sandy Burton
Water Pointe Realty Group
List Price
$159,999
Sold Price
$157,000
Premium/Discount to List
-$2,999
-1.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Jan 14, 2005
Sold by
Banasiak Robert J and Banasiak Arlene
Bought by
Naslonski John G and Naslonski Teri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2000
Sold by
Morgan Mark S and Morgan Marjorie J
Bought by
Banasiak Robert J and Banasiak Arlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,500
Interest Rate
8.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 1997
Sold by
Morgan Marjorie J and Morgan Mark S
Bought by
Morgan Mark S
Source: Public Records

Range of Values:

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Average Value
Not Available
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
New London 2 Llc -- None Available
Delowery Michael R $157,000 Attorney
Naslonski John G $182,000 --
Banasiak Robert J $91,000 --
Morgan Mark S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Naslonski John G $145,600
Previous Owner Morgan Mark S $50,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $157,000 -1.9% $114 / Sq Ft
08/06/2019 08/06/19 For Sale $159,999 -- $116 / 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 $3,630 $223,830 -- --
2024 $3,489 $203,482 -- --
2023 $3,489 $184,984 $0 $0
2022 $2,985 $168,168 $0 $0
2021 $2,646 $152,880 $65,000 $87,880
2020 $2,457 $140,730 $50,000 $90,730
2019 $2,342 $132,500 $40,000 $92,500
2018 $2,175 $123,810 $40,000 $83,810
2017 $1,963 $116,260 $50,000 $66,260
2016 $1,829 $108,290 $40,000 $68,290
2015 $1,480 $108,520 $40,000 $68,520
2014 $1,480 $92,460 $23,000 $69,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20019379

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-007-00040-1