NOT LISTED FOR SALE

2864 SW Lakemont Place Palm City, FL 34990

Estimated Value: $265,000 - $329,000

2 Beds
2.5 Baths
1,374 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 21, 2024

Last sale price $325,000 $237 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,249/month

109 Days on Market

Highlights

  • Gated with Attendant
  • Garden View
  • Great Room
  • Bessey Creek Elementary School Rated A-
  • Attic
  • Community Pool

About This Home

As of August 2024

Come discover this NEWLY REMODELED TOWNHOUSE in highly sought-after The Meadows at Martin Downs! BRAND NEW 2024 AC UNIT!! OVER $40K OF UPGRADES in the past year & a half! Brand new luxury water-resistant flooring, all new outlets & switches, new blinds, new Sherwin Williams paint from top to bottom, new kitchen cabinets & countertops, all new vanities plumbing & toilets, and NO POPCORN CEILINGS! This townhome is also surrounded by an attractive garden landscape, NO PARKING LOT VIEW!! Also encompasses accordion shutters on all windows for added hurricane protection. The Meadows offers a 24/hr manned gate, tree-lined streets with an expansive pool area, tennis courts and pickle-ball courts. Centrally located just minutes from shopping, great schools and Martin County's pristine beaches.

Last Agent to Sell the Property

Kyle Schwindt

Southern Key Realty License #3458817 Listed on: 05/03/2024

Co-Listed By

Kristen Vallejos

Southern Key Realty License #3468456

Last Buyer's Agent

Irena Zerba

Weichert Realtors-Sunshine Properties License #3390234

Weichert Realtors-Sunshine Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,168

Year Built

  • Built in 1989

Lot Details

  • 1,225 Sq Ft Lot
  • Fenced
  • Sprinkler System

HOA Fees

  • $457 Monthly HOA Fees

Home Design

  • Metal Roof

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Bar
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds
  • Entrance Foyer
  • Great Room
  • Family Room
  • Open Floorplan
  • Garden Views
  • Washer and Dryer
  • Attic

Kitchen

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

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Over 1 Space Per Unit
  • Guest Parking

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 123840007016000206

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, parking, recreation facilities, reserve fund, security, trash
  • 176 Units
  • Built by DiVosta Homes
  • The Meadows At Martin Dow Subdivision, Divosta Quad Plex Floorplan

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,168

Year Built

Built in 1989

Lot Details

0

HOA Fees

$457 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Martin Downs Blvd to SW Waterfall Blvd, through manned gate, left into Lakemont Village, keep right on Lakemont Place, unit is in third building on the left, rear side of building.
  • Year Built: 1989
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Entrance Foyer, Family/Dining Room, Kitchen/Dining Combo, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Attic
  • Private Spa: No
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Vinyl
  • Living Area: 1374.0
  • Dining Room Type: Attic, Family Room, Great Room, Storage Room
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung

Exterior Features

  • Exterior Features: Fence, Patio, Shed, TV Antenna
  • View: Garden
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Builder Name: DiVosta Homes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 457.0
  • Community Features: Gated, Park, Pickleball, Property Manager On-Site, Pool, Shuffleboard, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Management, Pickleball, Pool, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Recreation Facilities, Reserve Fund, Security, Trash

Lot Info

  • Parcel #: 123840007016000206
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 1225.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4168.0

Multi Family

  • Number Of Units In Community: 176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 20, 2024
Sold by
Buttari Cynthia Marie and Buttari Abrianna M
Bought by
Amended And Restated Declaration Of Trust and Hoag
Seller's Agent
Kyle Schwindt
Southern Key Realty
Buyer's Agent
Irena Zerba
Weichert Realtors-Sunshine Properties
List Price
$334,900
Sold Price
$325,000
Premium/Discount to List
-$9,900
-2.96%
Views
34
Current Estimated Value
$298,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,115
Avg. Annual Appreciation
-6.85%

Purchase Details

Listed on
Sep 10, 2022
Closed on
Oct 20, 2022
Sold by
Wallace Scott Mcdonald
Bought by
Buttari Cynthia Marie and Buttari Abrianna M
Seller's Agent
Barbara C Smith
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Kyle Schwindt
Southern Key Realty
List Price
$289,500
Sold Price
$285,000
Premium/Discount to List
-$4,500
-1.55%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.40%
Original Mortgage
$155,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2022
Sold by
Stifel Trust Company Na
Bought by
Wallace Scott Mcdonald

Purchase Details

Closed on
Feb 11, 2015
Sold by
Wallace Saundra E
Bought by
Wallace Saundra E

Purchase Details

Closed on
Dec 19, 1989
Bought by
Wallace Saundra E L and Wallace E

Purchase Details

Closed on
Jan 1, 1901
Bought by
Wallace Saundra E L and Wallace E
Source: Public Records

Range of Values:

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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
Amended And Restated Declaration Of Trust $325,000 None Listed On Document
Buttari Cynthia Marie $285,000 Attorneys Signature Title
Buttari Cynthia Marie $285,000 Attorneys Signature Title
Wallace Scott Mcdonald $100 Giachino Fernando M
Wallace Scott Mcdonald $100 Giachino Fernando M
Wallace Saundra E -- Attorney
Wallace Saundra E L $83,900 --
Wallace Saundra E L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buttari Cynthia Marie $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2024 08/21/24 Sold $325,000 -3.0% $237 / Sq Ft
05/03/2024 05/03/24 For Sale $334,900 +17.5% $244 / Sq Ft
10/20/2022 10/20/22 Sold $285,000 -1.6% $207 / Sq Ft View Prior Sale
09/10/2022 09/10/22 For Sale $289,500 -- $211 / 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 $2,631 $285,110 $110,000 $175,110
2024 $4,168 $206,322 -- --
2023 $4,168 $249,600 $249,600 $139,600
2022 $835 $91,163 $0 $0
2021 $825 $88,508 $0 $0
2020 $812 $87,286 $0 $0
2019 $790 $85,323 $0 $0
2018 $764 $83,732 $0 $0
2017 $704 $82,010 $0 $0
2016 $687 $80,323 $0 $0
2015 $650 $79,765 $0 $0
2014 $650 $79,132 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kyle Schwindt

    Southern Key Realty

    (772) 419-0400

    5 in this area

    55 Total Sales

    Kyle Schwindt
    Section Image
  • Kristen Vallejos

    Seller Co-Listing Agent in 2024

    Kristen Vallejos

    Southern Key Realty

    (772) 212-3506

    2 in this area

    97 Total Sales

    Kristen Vallejos
    Section Image
  • Irena Zerba

    Buyer's Agent in 2024

    Irena Zerba

    Weichert Realtors-Sunshine Properties

    (772) 485-0313

    6 in this area

    44 Total Sales

    Irena Zerba
    Section Image
  • Barbara C Smith

    Seller's Agent in 2022

    Barbara C Smith

    Keller Williams Realty Of The Treasure Coast

    (772) 349-3131

    2 in this area

    71 Total Sales

    Barbara C Smith
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10984298

BeachesMLS

APN: 12-38-40-007-016-00020-6

Florida Martin County Palm City 34990

2864 SW Lakemont Place, Palm City, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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