3082 SW Lake Terrace Palm City, FL 34990
Estimated payment $4,978/month
Highlights
- Boat Ramp
 - In Ground Spa
 - Canal View
 - Bessey Creek Elementary School Rated A-
 - Waterfront
 - Fruit Trees
 
About This Home
*Credit of $5,000 provided by preferred lender* Waterfront-Ocean Access-NO fixed Bridges! Boaters paradise-Fish off your NEW (2025) private DOCK! Elevator boat lift included! 2 stories 3BR/2.5BA/2 car garage, open concept, bedrooms on 2nd floor. Completely transformed w/ modern luxury updates. Too many updates to list! NEW METAL ROOF (2024). Quartz countertops + white thin shaker cabinets. Spacious master suite features a rain shower, free-standing tub, dual sinks + walk-in closet. Screened upper deck/lower patio w/ in-ground spa, fire pit, + fruit trees create the perfect outdoor retreat. Low HOA--only $259.67/year. New UV light for water system, reverse osmosis water system. No seawall needed. No rental restrictions. Located right off I-95. 10 miles to the beach! A rated schools
Home Details
Home Type
- Single Family
 
Est. Annual Taxes
- $10,692
 
Year Built
- Built in 1992
 
Lot Details
- 0.27 Acre Lot
 - Waterfront
 - Fruit Trees
 
HOA Fees
- $20 Monthly HOA Fees
 
Parking
- 2 Car Attached Garage
 - Driveway
 
Home Design
- Frame Construction
 - Metal Roof
 
Interior Spaces
- 1,742 Sq Ft Home
 - 2-Story Property
 - Furnished
 - Built-In Features
 - Decorative Fireplace
 - Open Floorplan
 - Screened Porch
 - Canal Views
 - Fire and Smoke Detector
 - Attic
 
Kitchen
- Gas Range
 - Microwave
 - Dishwasher
 - Disposal
 
Flooring
- Tile
 - Vinyl
 
Bedrooms and Bathrooms
- 3 Bedrooms
 - Walk-In Closet
 - Dual Sinks
 - Freestanding Bathtub
 - Separate Shower in Primary Bathroom
 
Laundry
- Dryer
 - Washer
 
Pool
- In Ground Spa
 - Room in yard for a pool
 
Outdoor Features
- No Fixed Bridges
 - Balcony
 - Deck
 - Patio
 
Utilities
- Central Air
 - Heating Available
 - Well
 - Gas Water Heater
 - Water Softener is Owned
 - Septic Tank
 - Cable TV Available
 
Listing and Financial Details
- Assessor Parcel Number 123840001000005504
 
Community Details
Overview
- Rustic Hills Subdivision
 
Recreation
- Boat Ramp
 - Boating
 
Map
Home Values in the Area
Average Home Value in this Area
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 | $10,692 | $606,785 | -- | -- | 
| 2024 | $10,056 | $623,570 | $623,570 | $323,570 | 
| 2023 | $10,056 | $563,459 | $0 | $0 | 
| 2022 | $7,671 | $477,580 | $261,380 | $216,200 | 
| 2021 | $7,014 | $382,770 | $220,000 | $162,770 | 
| 2020 | $3,696 | $362,140 | $195,000 | $167,140 | 
| 2019 | $6,230 | $334,730 | $165,000 | $169,730 | 
| 2018 | $6,034 | $325,830 | $160,000 | $165,830 | 
| 2017 | $5,173 | $306,360 | $160,000 | $146,360 | 
| 2016 | $5,338 | $296,110 | $150,000 | $146,110 | 
| 2015 | $4,868 | $307,550 | $140,000 | $167,550 | 
| 2014 | $4,868 | $279,020 | $125,000 | $154,020 | 
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale | 
|---|---|---|---|---|---|
| 11/02/2025 11/02/25 | For Sale | $777,000 | +19.5% | $446 / Sq Ft | |
| 06/16/2023 06/16/23 | Sold | $650,000 | -0.8% | $373 / Sq Ft | View Prior Sale | 
| 06/12/2023 06/12/23 | Pending | -- | -- | -- | |
| 05/25/2023 05/25/23 | For Sale | $655,555 | 0.0% | $376 / Sq Ft | |
| 09/30/2018 09/30/18 | Rented | $2,100 | -8.7% | -- | |
| 08/31/2018 08/31/18 | Under Contract | -- | -- | -- | |
| 07/03/2018 07/03/18 | For Rent | $2,300 | +15.0% | -- | |
| 09/01/2017 09/01/17 | Rented | $2,000 | -13.0% | -- | |
| 08/02/2017 08/02/17 | Under Contract | -- | -- | -- | |
| 06/05/2017 06/05/17 | For Rent | $2,300 | -14.8% | -- | |
| 10/30/2016 10/30/16 | Rented | $2,700 | +17.4% | -- | |
| 09/30/2016 09/30/16 | Under Contract | -- | -- | -- | |
| 09/13/2016 09/13/16 | For Rent | $2,300 | +4.5% | -- | |
| 12/17/2015 12/17/15 | Rented | $2,200 | -4.3% | -- | |
| 11/17/2015 11/17/15 | Under Contract | -- | -- | -- | |
| 11/02/2015 11/02/15 | For Rent | $2,300 | 0.0% | -- | |
| 08/21/2015 08/21/15 | Sold | $340,000 | -5.4% | $195 / Sq Ft | View Prior Sale | 
| 07/22/2015 07/22/15 | Pending | -- | -- | -- | |
| 05/04/2015 05/04/15 | For Sale | $359,500 | -- | $206 / Sq Ft | 
Purchase History
| Date | Type | Sale Price | Title Company | 
|---|---|---|---|
| Quit Claim Deed | $100 | Christopher J Twohey Pa | |
| Warranty Deed | $340,000 | Attorney | |
| Warranty Deed | $395,000 | First American Title Ins Co | |
| Deed | $300,000 | -- | |
| Deed | $100 | -- | |
| Warranty Deed | $155,000 | -- | 
Mortgage History
| Date | Status | Loan Amount | Loan Type | 
|---|---|---|---|
| Previous Owner | $238,000 | New Conventional | |
| Previous Owner | $79,000 | Unknown | |
| Previous Owner | $316,000 | Purchase Money Mortgage | 
Source: BeachesMLS
MLS Number: R11137223
APN: 12-38-40-001-000-00550-4
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