NOT LISTED FOR SALE

2881 SW Lakemont Place Palm City, FL 34990

Estimated Value: $285,896

2 Beds
2.5 Baths
1,374 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 08, 2012

Last sale price $107,000 $78 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,891/month

174 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Community Pool
  • Bessey Creek Elementary School Rated A-
  • Screened Porch
  • Tennis Courts

About This Home

As of June 2012

Enjoy entertaining on your large screened porch. Townhouse features a brand new air conditoner with 10 yr. warr., gorgeous travertine first floor. Extra china cabinet built in with glass doors in dining area. Stove, d/w, microwave and refrigerator are 3 yrs. old. The Meadows features a lovely pool area, tennis courts and a play area for the little ones. Community has an inviting entrance with lots of trees and lakes along the drive. "Being sold "AS IS" with right to inspect, buyer to pay title.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,220

Year Built

  • Built in 1989

Lot Details

  • Property fronts a private road

HOA Fees

  • $285 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Flat Tile Roof
  • Concrete Siding

Interior Spaces

  • 1,374 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Association fees include management, cable TV, insurance, ground maintenance, pest control
  • Association Phone (772) 283-2250

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit

Security

  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,220

Year Built

Built in 1989

Lot Details

0

HOA Fees

$285 per month

Listing Details

  • Architectural Style: Contemporary
  • Lot Size: 0
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: MEADOWS PARCEL 50
  • Year Built: 1989
  • Ownership: Fee Simple
  • Special Features: VirtualTour

Interior Features

  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Living/Dining Room, Separate Shower
  • Living Area: 1374.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete
  • Disclosures: Seller Disclosure
  • Patio And Porch Features: Porch, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Flat Tile
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 285.0
  • Phone: 772-283-2250
  • Association: Yes
  • Community Features: Pool, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Maintenance Grounds, Pest Control

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1220.0
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2011
Closed on
Jun 8, 2012
Sold by
Kendzie Mary K
Bought by
Bianco Laura C
List Price
$115,900
Sold Price
$107,000
Premium/Discount to List
-$8,900
-7.68%
Current Estimated Value
$285,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,896
Avg. Annual Appreciation
7.62%
Original Mortgage
$78,000
Outstanding Balance
$54,082
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$231,814

Purchase Details

Closed on
Aug 25, 2008
Sold by
U S Bank Na
Bought by
Kendzie Thomas J and Kendzie Mary K

Purchase Details

Closed on
Jul 29, 2008
Sold by
Lorenzo Jacqueline E
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 8, 2005
Sold by
Gardner Frank W and Gardner Linda B
Bought by
Lorenzo Jacqueline S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Douglass Reid E
Bought by
Gardner Frank W and Gardner Linda B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
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
Bianco Laura C $107,000 Attorney
Kendzie Thomas J $105,000 Watson Title Insurance Agenc
Us Bank Na -- None Available
Lorenzo Jacqueline S $210,000 --
Gardner Frank W $133,000 South Florida Title Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bianco Laura C $78,000
Previous Owner Lorenzo Jacqueline S $157,500
Previous Owner Gardner Frank W $119,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2012 06/08/12 Sold $107,000 -7.7% $78 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
11/17/2011 11/17/11 For Sale $115,900 -- $84 / 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 $1,221 $118,872 -- --
2024 $1,186 $115,522 -- --
2023 $1,186 $112,158 $0 $0
2022 $1,130 $108,892 $0 $0
2021 $1,122 $105,721 $0 $0
2020 $1,045 $100,618 $0 $0
2019 $1,021 $98,356 $0 $0
2018 $989 $96,522 $0 $0
2017 $916 $94,537 $0 $0
2016 $896 $92,592 $0 $0
2015 $848 $91,948 $0 $0
2014 $848 $91,218 $0 $0
Source: Public Records

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M360930

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-019-00020-0

Florida Martin County Palm City 34990

2881 SW Lakemont Place, Palm City, FL

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

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