NOT LISTED FOR SALE

3191 SW Lake Terrace Palm City, FL 34990

Estimated Value: $601,000 - $728,000

3 Beds
2 Baths
1,165 Sq Ft
$564/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $392,000 $336 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,286/month

29 Days on Market

Highlights

  • Property has ocean access
  • Home fronts a seawall
  • In Ground Pool
  • Bessey Creek Elementary School Rated A-
  • Community Boat Facilities
  • RV Access or Parking

About This Home

As of July 2020

**MULTIPLE OFFERS HIGHEST AND BEST DUE 6/28/2020 @ 2**SELLERS ATTNY WILL REVIEW OFFERS MONDAY MORNING** Boater's Paradise! 3/2 beautifully remodeled waterfront home with private boat slip, brand new seawall, and 10K lb lift! Ocean access with no fixed bridges. Nice backyard with large in-ground pool with salt chlorination. A/c 2018, new impact windows, new kitchen, new bathrooms, new flooring, freshly painted throughout, fresh exterior paint, brand new kitchen, & brand new seawall. Quiet neighborhood, with easy access to I-95 & turnpike. Great A rated Martin County School District. **MULTIPLE OFFERS HIGHEST AND BEST DUE 6/28/2020 @ 2**SELLERS ATTNY WILL REVIEW OFFERS MONDAY MORNING**

Last Agent to Sell the Property

Shannon Andersen

Keller Williams of the Treasure Coast License #3290590 Listed on: 06/25/2020

Keller Williams of the Treasure Coast

Co-Listed By

Zack Leider

LYNQ Real Estate License #3231951

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Home fronts a seawall
  • Home fronts navigable water

HOA Fees

  • $19 Monthly HOA Fees

Home Design

  • Frame Construction
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,165 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Hurricane or Storm Shutters
  • Impact Glass

Parking

  • Driveway
  • RV Access or Parking

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Canal Access

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

Recreation

  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,691

Year Built

Built in 1972

Lot Details

0

HOA Fees

$19 per month

Listing Details

  • Architectural Style: Other
  • Co List Office Mls Id: 279081203
  • Co List Office Phone: 772-419-0400
  • Lot Size Acres: 0.32
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Rustic Hills
  • Year Built: 1972
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Interior Amenities: Cathedral Ceiling(s)
  • Living Area: 1165.0
  • Stories: 2
  • Window Features: Impact Glass
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Frame, Concrete, Stucco
  • Disclosures: None
  • Exterior Features: Storm/Security Shutters
  • Pool Features: In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Metal
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Boat, Driveway, RV Access/Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Sewer Connected, Septic Available, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 19.0
  • Association: Yes
  • Community Features: Boat Facilities
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3691.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Jul 24, 2020
Sold by
Bisset Craig and Bisset Katherine
Bought by
Xanthos Partners Llc
Seller's Agent
Shannon Andersen
Keller Williams of the Treasure Coast
List Price
$375,000
Sold Price
$392,000
Premium/Discount to List
$17,000
4.53%
Total Days on Market
29
Current Estimated Value
$657,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,606
Avg. Annual Appreciation
11.13%

Purchase Details

Listed on
Apr 15, 2016
Closed on
Sep 21, 2017
Sold by
Meloche Marjorie A
Bought by
Bisset Craig
Seller's Agent
Frederick Mannara
Hudson Realty Of The Plm Bchs
Buyer's Agent
Carlleen Wilson-Realtor
Keller Williams Realty Of The Treasure Coast
List Price
$349,000
Sold Price
$220,000
Premium/Discount to List
-$129,000
-36.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.56%

Purchase Details

Closed on
Dec 1, 2005
Sold by
Dagnan Mark and Dagnan Janette
Bought by
Meloche Paul J and Meloche Marjorie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,100
Interest Rate
6.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 28, 2003
Sold by
Tiemeyer Theodore N and Tiemeyer Patricia A
Bought by
Dagnan Mark and Dagnan Janette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
5.89%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 22, 1999
Sold by
Coppoletta Kenneth F
Bought by
Tiemeyer Theodore N and Tiemeyer Patricia A

Purchase Details

Closed on
Oct 27, 1995
Sold by
Mcdonald Ian G and Mcdonald Catherine
Bought by
Coppoletta Kenneth F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Interest Rate
7.58%
Mortgage Type
New Conventional
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
Xanthos Partners Llc $392,000 Starfish Title Agency Llc
Xanthos Partners Llc $392,000 Starfish Title Agency
Bisset Craig $220,000 Attorney
Meloche Paul J $441,000 --
Dagnan Mark $225,000 Universal Land Title Inc
Tiemeyer Theodore N $117,000 --
Coppoletta Kenneth F $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meloche Paul J $44,100
Previous Owner Meloche Paul J $352,800
Previous Owner Dagnan Mark $202,500
Previous Owner Coppoletta Kenneth F $101,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $392,000 +4.5% $336 / Sq Ft
06/25/2020 06/25/20 For Sale $375,000 +70.5% $322 / Sq Ft
09/21/2017 09/21/17 Sold $220,000 -37.0% $189 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
04/15/2016 04/15/16 For Sale $349,000 -- $300 / 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 $8,296 $505,864 -- --
2024 $7,899 $459,077 -- --
2023 $7,899 $417,343 $0 $0
2022 $6,945 $379,403 $0 $0
2021 $6,267 $339,620 $242,000 $97,620
2020 $3,740 $237,011 $0 $0
2019 $3,691 $231,683 $0 $0
2018 $3,292 $227,600 $160,000 $67,600
2017 $4,123 $256,550 $193,600 $62,950
2016 $4,153 $243,450 $181,500 $61,950
2015 -- $213,750 $154,000 $59,750
2014 -- $195,360 $137,500 $57,860
Source: Public Records

Agents Affiliated with this Home

  • Shannon Andersen

    Seller's Agent in 2020

    Shannon Andersen

    Keller Williams of the Treasure Coast

    (772) 200-7683

    55 in this area

    477 Total Sales

    Shannon Andersen
    Section Image
  • Zack Leider

    Seller Co-Listing Agent in 2020

    Zack Leider

    LYNQ Real Estate

    (772) 285-2617

    15 in this area

    121 Total Sales

    Zack Leider
    Section Image

  • F

    Seller's Agent in 2017

    Frederick Mannara

    Hudson Realty Of The Plm Bchs

    (407) 375-0378

    6 Total Sales

    Frederick Mannara
    Section Image
  • Carlleen Wilson-Realtor

    Buyer's Agent in 2017

    Carlleen Wilson-Realtor

    Keller Williams Realty Of The Treasure Coast

    10 Total Sales

    Carlleen Wilson-Realtor
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20024343

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-001-000-00640-6

Florida Martin County Palm City 34990

3191 SW Lake Terrace, Palm City, FL

This home is located at 3191 SW Lake Terrace, Palm City, FL 34990 since 25 June 2020 and is currently estimated at $657,606, approximately $564 per square foot. This property was built in 1972. 3191 SW Lake Terrace is a home located in Martin County with nearby schools including Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

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.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

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