NOT LISTED FOR SALE

2861 SW Lakemont Place Palm City, FL 34990

Estimated Value: $310,000 - $360,000

2 Beds
2.5 Baths
1,374 Sq Ft
$243/Sq Ft Est. Value

Last Sold December 19, 2022

Last sale price $307,000 $223 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,479/month

Highlights

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

About This Home

As of December 2022

Sadly, we are back on the market due to contingency dates that could not be met by the buyer. Fantastic opportunity located in Palm City. This highly sought after 3 bedroom, 2.5 baths townhome located in The Meadows offers several updates to include a newly updated lovely kitchen with custom built pantry, quality laminate flooring, updated half bath, A/C replaced 2021 & newer metal roof. This townhome has been well cared for and shows nicely. The Meadows offers well-manicured park like grounds, a very impressive community entry, fabulous pool, clubhouse, tennis and brand new play area which is a short distance from your door. HOA covers lawncare, cable, internet, exterior maintenance, 24 hr. manned gatehouse and roving security. Take a stroll along Palm City's sidewalk system to restaurants, shopping and medical. This highly desirable area is conveniently located to A+ schools, Fl Tpke, I-95, golf and beaches. Don't miss out!

Last Agent to Sell the Property

Kelly Renkert

Capwell Group Real Estate Inc. License #3044288 Listed on: 08/29/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,385

Year Built

  • Built in 1989

Lot Details

  • 1,220 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Aluminum Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, recreation facilities, security

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool
  • Trails

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,385

Year Built

Built in 1989

Lot Details

0

HOA Fees

$335 per month

Listing Details

  • Lot Size Acres: 0.028
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Building Stories: 2
  • Structure Type: Townhouse
  • Subdivision Name: Meadows Prcl 50
  • Year Built: 1989
  • Ownership: Fee Simple
  • Attribution Contact: 772-341-2508
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer, Humidifier
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Dual Sinks, Kitchen Island, Kitchen/Dining Combo, Pantry, Upper Level Master, Walk-In Closet(s)
  • Living Area: 1374.0
  • Stories: 2

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Disclosures: Owner Is Listing Agent
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Patio And Porch Features: Patio, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Aluminum
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 335.0
  • Association: Yes
  • Community Features: Basketball Court, Clubhouse, Gated, Playground, Pool, Street Lights, Sidewalks, Tennis Court(s), Trails/Paths
  • Pets Allowed: Pet Restrictions
  • Senior Community: No

Fee Information

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

Schools

  • Elementary School: Bessey Creek
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1385.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Dec 13, 2022
Sold by
Renkert Kelly Ann
Bought by
Sankir Holdings Llc
Seller's Agent
Kelly Renkert
Capwell Group Real Estate Inc.
List Price
$330,000
Sold Price
$307,000
Premium/Discount to List
-$23,000
-6.97%
Views
14
Current Estimated Value
$334,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,309
Avg. Annual Appreciation
3.14%

Purchase Details

Listed on
Jul 13, 2019
Closed on
Sep 13, 2019
Sold by
Schmid Karen Elizabeth Kenneth
Bought by
Renkert Kelly Ann
Seller's Agent
Barbara C Smith
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Patricia Crouse
Inactive Member
List Price
$182,000
Sold Price
$179,900
Premium/Discount to List
-$2,100
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.76%
Original Mortgage
$124,900
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2015
Sold by
Spencer Allison D
Bought by
Schmid Karen Elizabeth Kenneth

Purchase Details

Closed on
Nov 21, 2014
Sold by
Kenneth Dolores J Tr Estate
Bought by
Schmid Karen Elizabeth Kenneth

Purchase Details

Closed on
Sep 14, 2000
Sold by
Kenneth Dolores J
Bought by
Schmid Karen Elizabeth Kenneth

Purchase Details

Closed on
May 24, 1995
Sold by
Zuccaro Eva M
Bought by
Kenneth Dolores J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
8.35%
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
Sankir Holdings Llc $307,000 --
Sankir Holdings Llc $307,000 None Listed On Document
Renkert Kelly Ann $179,900 Attorney
Schmid Karen Elizabeth Kenneth -- Attorney
Schmid Karen Elizabeth Kenneth $100 --
Schmid Karen Elizabeth Kenneth -- --
Kenneth Dolores J $79,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Renkert Kelly Ann $143,000
Previous Owner Renkert Kelly Ann $124,900
Previous Owner Kenneth Dolores J $34,148
Previous Owner Kenneth Dolores J $35,000
Previous Owner Kenneth Dolores J $63,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2022 12/19/22 Sold $307,000 -4.1% $223 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $320,000 -1.5% $233 / Sq Ft
10/14/2022 10/14/22 Price Changed $325,000 -1.5% $237 / Sq Ft
10/08/2022 10/08/22 For Sale $330,000 0.0% $240 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $330,000 +83.4% $240 / Sq Ft
09/13/2019 09/13/19 Sold $179,900 -1.2% $131 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
07/13/2019 07/13/19 For Sale $182,000 -- $132 / 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 $4,544 $274,330 $110,000 $164,330
2024 $4,553 $276,510 $276,510 $166,510
2023 $4,553 $272,710 $272,710 $162,710
2022 $1,389 $124,497 $0 $0
2021 $1,385 $120,871 $0 $0
2020 $1,369 $119,203 $0 $0
2019 $2,315 $131,020 $40,000 $91,020
2018 $2,145 $122,070 $40,000 $82,070
2017 $1,934 $114,530 $50,000 $64,530
2016 $1,813 $106,660 $40,000 $66,660
2015 $634 $106,700 $40,000 $66,700
2014 $634 $78,689 $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: M20035827

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-017-00020-4