NOT LISTED FOR SALE

2883 SW Lakemont Place Palm City, FL 34990

Estimated Value: $286,000 - $305,000

2 Beds
2.5 Baths
1,374 Sq Ft
$215/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $302,500 $220 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,327/month

Highlights

  • Gated Community
  • Community Pool
  • Breakfast Area or Nook
  • Bessey Creek Elementary School Rated A-
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of April 2023

Move-in ready! Gorgeous two bedroom, 2.5 bath townhome in the Meadows has been remodeled with beautiful finishes and upgrades! New coastal inspired kitchen with white cabinets, stainless steel appliances, and granite countertops. Brand new flooring throughout the entire home. Upgrades and features, including but not limited to: Brand new landscaping, roof 2018, AC 2020, 2020-2021 energy efficient appliances in the kitchen and laundry. HOA includes Lawn landscaping, cable TV, resort style pool, tennis courts, tot lot, 24 hour manned gate. Ideal location close to A+ rated schools, shopping, dining, I 95 and the Florida Turnpike.

Last Agent to Sell the Property

Susan Maxwell

RE/MAX of Stuart - Palm City License #3068075 Listed on: 02/15/2023

RE/MAX of Stuart - Palm City

Co-Listed By

Fran Berkowitz

RE/MAX of Stuart - Palm City License #3400991

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1989

Lot Details

  • 1,220 Sq Ft Lot
  • South Facing Home

HOA Fees

  • $439 Monthly HOA Fees

Home Design

  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Single Hung Windows

Kitchen

  • Breakfast Area or Nook
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, pool(s), recreation facilities, security
  • Property Manager

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

$2,075

Year Built

Built in 1989

Lot Details

0

HOA Fees

$439 per month

Listing Details

  • Co List Office Phone: 772-220-1116
  • Directions: Martin Downs Blvd. to the Meadows. Follow the GPS.
  • Lot Size Acres: 0.028
  • 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
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-220-1116
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Upper Level Master
  • Living Area: 1374.0
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: South
  • Disclosures: Deed Restriction
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 439.0
  • Association: Yes
  • Community Features: Property Manager On-Site, Pool, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Pool(s), Recreation Facilities, Security

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2075.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Apr 20, 2023
Sold by
Claus Kennethe and Claus Jordan
Bought by
Foy Chelsea Ann
Seller's Agent
Susan Maxwell
RE/MAX of Stuart - Palm City
List Price
$310,000
Sold Price
$302,500
Premium/Discount to List
-$7,500
-2.42%
Views
55
Current Estimated Value
$294,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,592
Avg. Annual Appreciation
-1.00%
Original Mortgage
$14,851
Outstanding Balance
$14,448
Interest Rate
6.73%
Estimated Equity
$280,460

Purchase Details

Listed on
Mar 31, 2019
Closed on
May 24, 2019
Sold by
D & B Properties Of Florida Llc
Bought by
Claus Kennethe and Dawedeit Claus Jordan
Seller's Agent
Barbara C Smith
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Susan Maxwell
RE/MAX of Stuart
List Price
$177,500
Sold Price
$177,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$174,284
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 11, 2015
Sold by
Secretary Of Housing & Urban Development
Bought by
Buchheit Bernard and Nayden Donna
Seller's Agent
Jarrett West
1 Able Realty LLC
List Price
$119,000
Sold Price
$101,350
Premium/Discount to List
-$17,650
-14.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.35%

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 9, 2015
Sold by
Bucheit Bernard and Nayden Donna
Bought by
D & B Properties Of Florida Llc
Seller's Agent
Jarrett West
1 Able Realty LLC
List Price
$119,000
Sold Price
$101,350
Premium/Discount to List
-$17,650
-14.83%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Matrix Financial Services Corporation
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Jan 21, 2015
Sold by
Mitchell Karen and Mitchell Karen R
Bought by
Matrix Financial Services Corporation

Purchase Details

Closed on
Jun 30, 2009
Sold by
Ehlers Robert
Bought by
Mitchell Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2003
Sold by
Ehlers Walter F
Bought by
The Walter F Ehlers Irrevocable Trust and Ehlers Robert
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
Foy Chelsea Ann $302,500 None Listed On Document
Claus Kennethe $177,500 Attorney
Buchheit Bernard $101,400 Signature Title Fl Partners
D & B Properties Of Florida Llc -- Signature Title Fl Partners
Secretary Of Housing & Urban Development -- Ras Title Llc
Matrix Financial Services Corporation $74,200 None Available
Mitchell Karen $115,000 Attorney
The Walter F Ehlers Irrevocable Trust -- --
Ehlers Walter F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foy Chelsea Ann $14,851
Open Foy Chelsea Ann $297,020
Previous Owner Claus Kennethe $174,284
Previous Owner Mitchell Karen $112,917
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2023 04/20/23 Sold $302,500 -2.4% $220 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $310,000 +74.6% $226 / Sq Ft
05/24/2019 05/24/19 Sold $177,500 0.0% $129 / Sq Ft View Prior Sale
04/24/2019 04/24/19 Pending -- -- --
03/31/2019 03/31/19 For Sale $177,500 0.0% $129 / Sq Ft
03/25/2016 03/25/16 Rented $1,400 -3.4% --
02/24/2016 02/24/16 Under Contract -- -- --
02/05/2016 02/05/16 For Rent $1,450 0.0% --
09/11/2015 09/11/15 Sold $101,350 -14.8% $76 / Sq Ft View Prior Sale
08/12/2015 08/12/15 Pending -- -- --
06/16/2015 06/16/15 For Sale $119,000 -- $89 / 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 $4,045 $285,190 $110,000 $175,190
2024 $2,164 $287,360 $287,360 $177,360
2023 $2,164 $170,688 $0 $0
2022 $2,075 $165,717 $0 $0
2021 $2,077 $160,891 $0 $0
2020 $2,058 $158,670 $50,000 $108,670
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 $657 $80,208 $0 $0
2014 $657 $79,571 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Maxwell

    Seller's Agent in 2023

    Susan Maxwell

    RE/MAX

    (772) 220-1116

    143 in this area

    506 Total Sales

    Susan Maxwell
    Section Image
  • Fran Berkowitz

    Seller Co-Listing Agent in 2023

    Fran Berkowitz

    RE/MAX

    (561) 644-9112

    16 in this area

    43 Total Sales

    Fran Berkowitz
    Section Image
  • Barbara C Smith

    Seller's Agent in 2019

    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
  • Jarrett West

    Seller's Agent in 2015

    Jarrett West

    1 Able Realty LLC

    (407) 227-4800

    77 Total Sales

    Jarrett West
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20038021

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-019-00010-2

Florida Martin County Palm City 34990

2883 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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