NOT LISTED FOR SALE

2931 SW Lakemont Place Palm City, FL 34990

Estimated Value: $280,096 - $305,000

2 Beds
2.5 Baths
1,374 Sq Ft
$210/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $110,000 $80 Per Sq Ft

Est. 162% increase in value since last sale

Current estimated payment $1,929/month

37 Days on Market

Highlights

  • Gated with Attendant
  • Community Pool
  • Patio
  • Bessey Creek Elementary School Rated A-
  • Tennis Courts
  • Park

About This Home

As of April 2013

Lots of updates including: laminate wood floors in the living areas, tile floors in the kitchen, newer carpet in the bedrooms, and accordion shutters. Kitchen upgrades feagranite counters and newer stainless appliances. Move right into this Stamford model townhome in the Meadows at Martin Downs. Lots of updates including: laminate wood floors in the living areas, tile floors in the kitchen, newer carpet in the bedrooms, and accordion shutters. Kitchen upgrades feature granite counters and newer stainless appliances. This unit also features newer lighting and plumbing fixtures, ceiling fans, and A/C system. Outside is an oversize fully screened patio and assigned parking for two cars. The Meadows is a self-managed community, gated and patrolled, with co... (see supplement for full remarks)

Last Agent to Sell the Property

Eric Slifkin

Keller Williams Realty Of The Treasure Coast License #3068211 Listed on: 02/21/2013

Keller Williams Realty Of The Treasure Coast

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,215

Year Built

  • Built in 1989

Lot Details

  • 1,220

HOA Fees

  • $297 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • North Facing Home

Listing and Financial Details

  • Assessor Parcel Number 123840007024000102

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, roof, security
  • Meadows Prcl 50 Subdivision, Stamford Floorplan

Recreation

  • Tennis Courts
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,215

Year Built

Built in 1989

Lot Details

0

HOA Fees

$297 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Martin Downs Blvd to The Meadows
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Interior Amenities: Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Other
  • Living Area: 1374.0
  • Stories: 2

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None, Community
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Two or More Spaces

Utilities

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

Condo/Co-op/Association

  • Association Fee: 297.0
  • Community Features: Park, Property Manager On-Site, Pool, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Roof, Security

Lot Info

  • Parcel #: 123840007024000102
  • Zoning Description: Pud-R

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1215.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2013
Closed on
Apr 30, 2013
Sold by
Drammissi Frank
Bought by
Savia Christopher
Seller's Agent
Eric Slifkin
Keller Williams Realty Of The Treasure Coast
List Price
$118,000
Sold Price
$110,000
Premium/Discount to List
-$8,000
-6.78%
Current Estimated Value
$288,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,024
Avg. Annual Appreciation
8.00%
Original Mortgage
$60,000
Outstanding Balance
$42,726
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$245,298

Purchase Details

Closed on
Mar 25, 2011
Sold by
Akers David W and Akers Sharon J
Bought by
Drammissi Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Ferrigno Pamela D
Bought by
Akers David W and Akers Sharron J

Purchase Details

Closed on
May 17, 2002
Sold by
Morrison William G
Bought by
Ferrigno Pamela D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.98%
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
Savia Christopher $110,000 Sun Title Agency Llc
Drammissi Frank $99,000 Patch Reef Title Company Inc
Akers David W $177,500 --
Ferrigno Pamela D $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Savia Christopher $60,000
Previous Owner Drammissi Frank $79,200
Previous Owner Ferrigno Pamela D $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $110,000 -6.8% $80 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $118,000 -- $86 / 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 $1,408 $130,615 -- --
2024 $1,371 $126,934 -- --
2023 $1,371 $123,237 $0 $0
2022 $1,309 $119,648 $0 $0
2021 $1,303 $116,164 $0 $0
2020 $1,288 $114,561 $0 $0
2019 $1,262 $111,986 $0 $0
2018 $1,224 $109,898 $0 $0
2017 $1,137 $107,638 $0 $0
2016 $1,114 $105,424 $0 $0
2015 $1,056 $104,691 $0 $0
2014 $1,056 $103,860 $23,000 $80,860
Source: Public Records

Agents Affiliated with this Home

  • Eric Slifkin

    Seller's Agent in 2013

    Eric Slifkin

    Keller Williams Realty Of The Treasure Coast

    (888) 288-1765

    17 in this area

    45 Total Sales

    Eric Slifkin
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Map

Source: BeachesMLS

MLS Number: R3346939

BeachesMLS

APN: 12-38-40-007-024-00010-2

Florida Martin County Palm City 34990

2931 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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