NOT LISTED FOR SALE

3240 SW Island Way Palm City, FL 34990

Estimated Value: $817,000 - $892,000

4 Beds
3.5 Baths
3,192 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $393,500 $123 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,280/month

22 Days on Market

Highlights

  • Guest House
  • Golf Course Community
  • Contemporary Architecture
  • Bessey Creek Elementary School Rated A-
  • Home fronts a lagoon or estuary
  • Cathedral Ceiling

About This Home

As of July 2013

WONDERFUL, OPEN, BRIGHT 4BR+OFFICE (USED AS 5TH BR), 1 BR IS A GUEST STE W/ITS OWN ENTRANCE, KITCHEN, BATH & WALK-IN CLOSET. ENTER TO LG GREAT RM W/FIREPLACE, SLIDING DOORS LEADING TO 48X33 SCRND LANAI & GORGEOUS LAKE VIEWS. PROPERTY DOES NOT EXTEND TO LAKE. LG WHITE KITCHEN FEATURES CENTER ISLAND W/EATING BAR & COOK-TOP, WALL OVEN, GRANITE & TOP O'LINE APPLIANCES. COZY BREAKFAST NOOK. HUGE MASTER STE W/SITTING RM & FABULOUS WALK-IN CLOSET. MASTER BATH: DUAL SINKS, SPA TUB, LG SHOWER. METAL ROOF-2004. 21' DIAGONAL TILE, 2.5 CAR GARAGE. CIRCULAR DR. GENERATOR HOOK-UP W/BUILT-IN PROPANE TANK. MANY IMPACT WINDOWS. HOME HAS BEEN WELL LOVED & IT SHOWS! SOLD "AS IS"/INSPECT WELCOMED. 24HR MANNED GATED GOLFING COMM. MEM'SHIP NOT REQD. XCL: WASHER/DRYER

Last Agent to Sell the Property

Michele Dutkin

Berkshire Hathaway Florida RE License #657469 Listed on: 06/05/2013

Berkshire Hathaway Florida RE

Last Buyer's Agent

Alexandra Silva

Keller Williams of the Treasure Coast License #3246713

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1987

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts a private road
  • North Facing Home
  • Fenced
  • Sprinkler System

HOA Fees

  • $132 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,192 Sq Ft Home
  • Central Vacuum
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Laundry Tub

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Home Security

  • Security System Owned
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Golf Cart Garage
  • 1 to 5 Parking Spaces

Additional Homes

  • Guest House

Schools

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

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Well
  • Water Purifier
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Association fees include management, cable TV, reserve fund, security

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,517

Year Built

Built in 1987

Lot Details

0

HOA Fees

$132 per month

Listing Details

  • Architectural Style: Contemporary
  • Directions: MURPHY RD TO EVERGREEN GATE. HOUSE ON LEFT.
  • Garage Yn: Yes
  • Lot Size: 1 ACRE
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: EVERGREEN CLUB
  • Year Built: 1987
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Water Purifier
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Cathedral Ceiling(s), Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Jetted Tub, Living/Dining Room, Split Bedrooms, Tub Shower, Walk-In Closet(s), Central Vacuum
  • Living Area: 3192.0
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Disclosures: Seller Disclosure
  • Exterior Features: Fence, Sprinkler/Irrigation, Room For Pool
  • Lot Features: Sprinklers Automatic
  • Other Structures: Guest House
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Garage, Golf Cart Garage, Rear/Side/Off Street, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Sewer Available, Septic Available, Underground Utilities, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 132.0
  • Association: Yes
  • Community Features: Golf
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Reserve Fund, Security

Schools

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

Lot Info

  • Zoning Description: RES, PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4517.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2024
Sold by
Smith Donald Mark and Smith Kim M
Bought by
Smith Kim M and Smith Donald Mark
Current Estimated Value
$856,790

Purchase Details

Listed on
Jun 5, 2013
Closed on
Jul 26, 2013
Sold by
Demarco Roy E and Demarco Deanna M
Bought by
Smith Donald Mark and Smith Kim M
Seller's Agent
Michele Dutkin
Berkshire Hathaway Florida RE
Buyer's Agent
Alexandra Silva
Keller Williams of the Treasure Coast
List Price
$439,900
Sold Price
$393,500
Premium/Discount to List
-$46,400
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.93%
Original Mortgage
$314,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 5, 2013
Closed on
Jul 19, 2013
Sold by
Johnston Paul Robert and Johnston Regina Marie
Bought by
Demarco Roy E and Demarco Deanna M
Seller's Agent
Michele Dutkin
Berkshire Hathaway Florida RE
Buyer's Agent
Alexandra Silva
Keller Williams of the Treasure Coast
List Price
$439,900
Sold Price
$393,500
Premium/Discount to List
-$46,400
-10.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2010
Sold by
Johnston Paul Robert
Bought by
Demarco Roy E and Demarco Deanna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
4.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smith Kim M $100 None Listed On Document
Smith Donald Mark $393,500 Merit Title Inc
Demarco Roy E -- Merit Title Inc
Demarco Roy E $400,000 Preferred Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Donald Mark $100,000
Previous Owner Smith Donald Mark $314,800
Previous Owner Demarco Roy E $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $393,500 -10.5% $123 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $439,900 -- $138 / 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 $5,865 $381,816 -- --
2024 $5,750 $371,056 -- --
2023 $5,750 $360,249 $0 $0
2022 $5,544 $349,757 $0 $0
2021 $5,559 $339,570 $0 $0
2020 $5,448 $334,882 $0 $0
2019 $5,382 $327,353 $0 $0
2018 $5,247 $321,249 $0 $0
2017 $4,633 $314,642 $0 $0
2016 $4,865 $308,171 $0 $0
2015 -- $306,029 $0 $0
2014 -- $303,601 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michele Dutkin

    Seller's Agent in 2013

    Michele Dutkin

    Berkshire Hathaway Florida RE

    (772) 219-4852

    42 in this area

    71 Total Sales

    Michele Dutkin
    Section Image

  • A

    Buyer's Agent in 2013

    Alexandra Silva

    Keller Williams of the Treasure Coast

    (772) 419-0400

    90 in this area

    131 Total Sales

    Alexandra Silva
    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M370073

Martin County REALTORS® of the Treasure Coast

APN: 01-38-40-007-000-02970-9

Florida Martin County Palm City 34990

3240 SW Island Way, Palm City, FL

This home is located at 3240 SW Island Way, Palm City, FL 34990 since 05 June 2013 and is currently estimated at $856,790, approximately $268 per square foot. This property was built in 1987. 3240 SW Island Way 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.

Nearby Homes