NOT LISTED FOR SALE

2992 SW Sunset Trace Cir Palm City, FL 34990

Estimated Value: $229,220 - $266,000

2 Beds
2 Baths
1,236 Sq Ft
$200/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $213,000 $172 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,874/month

15 Days on Market

Highlights

  • Gated with Attendant
  • Attic
  • Tennis Courts
  • Citrus Grove Elementary School Rated A-
  • Community Pool
  • Balcony

About This Home

As of September 2021

This 2 bed 2.5 bath unit is located in Sunset Trace, a desirable Palm City neighborhood. This gated community offers 2 swimming pools, a playground, walking paths, and more. Trucks permitted, NO dog breed restrictions, cable included in hoa, and a heated Olympic Size pool. Must own for 2 years before being able to rent it.

Last Agent to Sell the Property

Melissa Gershman

RE/MAX of Stuart License #3419485 Listed on: 08/14/2021

Last Buyer's Agent

David Coulter

Echo Fine Properties License #3217811

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $527

Year Built

  • Built in 1984

Lot Details

  • Fenced

HOA Fees

  • $383 Monthly HOA Fees

Interior Spaces

  • 1,236 Sq Ft Home
  • 2-Story Property
  • Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 133840006000120302

Community Details

Overview

  • Association fees include common areas, cable TV
  • Sunset Trace Subdivision, Sandalwood Floorplan

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$527

Year Built

Built in 1984

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: through gate, 2nd right
  • Year Built: 1984
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Living Area: 1236.0
  • Dining Room Type: Attic, Laundry, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Security: Gated with Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 383.0
  • Community Features: Gated, Park, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Lot Info

  • Parcel #: 133840006000120302
  • Lot Size: < 1/4 Acre
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 527.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Charles G Soto Llc
Bought by
Soto Charles G
Current Estimated Value
$247,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$185,905
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$61,650

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 29, 2021
Sold by
Mcwilliams Mark D
Bought by
Charles G Soto Llc
Seller's Agent
Melissa Gershman
RE/MAX of Stuart
Buyer's Agent
David Coulter
Echo Fine Properties
List Price
$220,000
Sold Price
$213,000
Premium/Discount to List
-$7,000
-3.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$153,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2021
Sold by
Brooks Arthur Anthony and Brooks Marlene J
Bought by
Mcwilliams Mark D

Purchase Details

Closed on
Jan 19, 2015
Sold by
Brooks Arthur Anthony and Brooks Marlene J
Bought by
Brooks Family Trust and Brooks Marlene J

Purchase Details

Closed on
Oct 1, 2004
Sold by
Mccormack Martin and Mccormack Elsie
Bought by
Brooks Arthur Anthony

Purchase Details

Closed on
Feb 9, 1999
Sold by
Dakin Gordon W
Bought by
Mccormack Martin and Mccormack Elsie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
6.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Soto Charles G $100 Secure Land Title & Escrow
Charles G Soto Llc $213,000 Secure Land T&E Svcs Inc
Mcwilliams Mark D $150,000 Attorney
Brooks Family Trust -- Attorney
Brooks Arthur Anthony $146,000 Palm City Title Inc
Mccormack Martin $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Charles G $195,000
Previous Owner Charles G Soto Llc $153,000
Previous Owner Mccormack Martin $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2021 09/29/21 Sold $213,000 -3.2% $172 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/14/2021 08/14/21 For Sale $220,000 -- $178 / 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 $2,253 $197,880 $105,000 $92,880
2024 $2,200 $193,660 -- --
2023 $2,200 $188,020 $188,020 $100,020
2022 $2,838 $170,550 $75,000 $95,550
2021 $2,182 $126,100 $60,000 $66,100
2020 $527 $64,105 $0 $0
2019 $526 $62,663 $0 $0
2018 $518 $61,495 $0 $0
2017 $489 $60,230 $0 $0
2016 $487 $58,991 $0 $0
2015 $466 $58,581 $0 $0
2014 $466 $58,116 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Gershman

    Seller's Agent in 2021

    Melissa Gershman

    RE/MAX

    (561) 632-6937

    30 in this area

    84 Total Sales

    Melissa Gershman
    Section Image
  • David Coulter

    Buyer's Agent in 2021

    David Coulter

    Echo Fine Properties

    (772) 828-5169

    15 in this area

    123 Total Sales

    David Coulter
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10738489

BeachesMLS

APN: 13-38-40-006-000-12030-2

Florida Martin County Palm City 34990

2992 SW Sunset Trace Cir, 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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