NOT LISTED FOR SALE

3023 SW Sunset Trace Cir Palm City, FL 34990

Estimated Value: $224,954 - $253,000

2 Beds
2.5 Baths
1,236 Sq Ft
$194/Sq Ft Est. Value

Last Sold February 03, 2023

Last sale price $240,000 $194 Per Sq Ft

Current estimated payment $1,925/month

Highlights

  • Gated with Attendant
  • Contemporary Architecture
  • Tennis Courts
  • Citrus Grove Elementary School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of February 2023

Enjoy maintenance free living in this spacious townhome. The HOA fee includes exterior and roof maintenance, landscaping, recreational facilities, manned security gate and more. There have been no special assessments for ten years according to the HOA. Avoid high home insurance costs because the building and roof are insured by the HOA! Both bedrooms are large and each has a full bath. Living area on main floor includes a half bath and laundry. Large fenced in patio is great for a picnic table, hot tub, etc. Community features include a manned guard gate, two pools, 4 tennis courts, 4 racquetball courts, full court basketball, a fenced tot lot, and more. Two pets are allowed with no weight restriction. Homes cannot be rented the first two years. Capital contribution of $788 required of new owners. Community is convenient to I-95 and Turnpike. Walking distance to shops, restaurants, supermarket, elementary and middle school.

Last Agent to Sell the Property

Gary Gregg

Gregg Team Realty PA License #579257 Listed on: 10/25/2022

Co-Listed By

Nancy Gregg

Gregg Team Realty PA License #443984

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1984

Lot Details

  • 1,220 Sq Ft Lot

HOA Fees

  • $394 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Concrete Siding
  • Stucco

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, recreation facilities, reserve fund, road maintenance, security, taxes
  • Property Manager

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated with Attendant

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,176

Year Built

Built in 1984

Lot Details

0

HOA Fees

$394 per month

Listing Details

  • Architectural Style: Contemporary
  • Co List Office Phone: 772-285-2642
  • Directions: From Martin Downs Blvd, turn onto Sunset Trace Circle. Guard will give directions to townhome.
  • Lot Size Acres: 0.028
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Sunset Trace Ph 01 Md 06
  • Year Built: 1984
  • Ownership: Sub-S Coporation
  • Attribution Contact: 772-285-2642
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Walk-In Closet(s)
  • Living Area: 1236.0
  • Stories: 2

Exterior Features

  • Construction Type: Concrete, Stucco
  • Disclosures: Deed Restriction
  • Pool Features: Community
  • Pool Private: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Individual
  • Heating Yn: Yes
  • Security: Gated with Guard
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 394.0
  • Association: Yes
  • Community Features: Basketball Court, Playground, Property Manager On-Site, Pool, Street Lights, Tennis Court(s), Gated
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2176.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Feb 3, 2023
Sold by
Cecil G Newsome Revocable Trust
Bought by
Wagner Patricia A
Seller's Agent
Gary Gregg
Gregg Team Realty PA
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%
Views
48
Current Estimated Value
$239,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$261
Avg. Annual Appreciation
-0.04%
Original Mortgage
$190,000
Outstanding Balance
$183,776
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$55,963

Purchase Details

Closed on
Aug 11, 2008
Sold by
Cgn Investments Llc
Bought by
Newsome Cecil G

Purchase Details

Closed on
Mar 29, 2007
Sold by
Newsome Cecil G
Bought by
Cgn Investments Llc

Purchase Details

Closed on
May 17, 2005
Sold by
Newsome Cecil G
Bought by
Newsome Cecil G

Purchase Details

Closed on
May 17, 2004
Sold by
Newsome Cecil G
Bought by
Cecil G Newsome Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2004
Sold by
Davies Robert and Davies Rebecca
Bought by
Newsome Cecil G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 1998
Sold by
Salantrie Edward G and Salantrie Julia M
Bought by
Davies Robert and Davies Rebecca
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
Wagner Patricia A $240,000 --
Newsome Cecil G -- Attorney
Cgn Investments Llc -- None Available
Newsome Cecil G -- --
Cecil G Newsome Revocable Trust -- --
Newsome Cecil G $135,000 --
Davies Robert $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagner Patricia A $190,000
Previous Owner Newsome Cecil G $84,000
Previous Owner Davies Robert $15,349
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2023 02/03/23 Sold $240,000 -3.6% $194 / Sq Ft
01/21/2023 01/21/23 Pending -- -- --
10/25/2022 10/25/22 For Sale $249,000 0.0% $201 / Sq Ft
10/28/2013 10/28/13 Rented -- -- --
10/28/2013 10/28/13 For Rent -- -- --
02/09/2013 02/09/13 Rented -- -- --
01/10/2013 01/10/13 Under Contract -- -- --
01/08/2013 01/08/13 For Rent -- -- --
01/18/2012 01/18/12 Rented -- -- --
12/19/2011 12/19/11 Under Contract -- -- --
12/05/2011 12/05/11 For Rent -- -- --
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 $3,311 $197,880 $105,000 $92,880
2024 $2,751 $201,450 $201,450 $96,450
2023 $2,751 $151,893 $0 $0
2022 $2,492 $138,085 $0 $0
2021 $2,176 $125,532 $0 $0
2020 $1,992 $114,120 $46,000 $68,120
2019 $1,960 $112,870 $46,000 $66,870
2018 $1,828 $110,790 $50,000 $60,790
2017 $1,617 $103,790 $55,000 $48,790
2016 $1,478 $93,540 $44,000 $49,540
2015 $1,123 $78,030 $30,000 $48,030
2014 $1,123 $68,740 $20,000 $48,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20036665

Martin County REALTORS® of the Treasure Coast

APN: 13-38-40-006-000-29010-0