NOT LISTED FOR SALE

Palm City, FL 34990

Estimated Value: $273,466 - $327,000

2 Beds
2.5 Baths
1,374 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $176,000 $128 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,162/month

7 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Attic
  • Bessey Creek Elementary School Rated A-
  • Clubhouse
  • Screened Porch

About This Home

As of April 2019

THE BEST LAKE VIEW IN LAKEMONT VILLAGE! This 2 Bed, 2.5 Bath Stamford model townhouse boasts a huge 21' x 19' screened patio affording serene, private, unobstructed panoramic lake view & desirable NE exposure. the light/bright 1st floor open plan has living room, dining area & eat-in kitchen (w/breakfast bar) all of which access the patio via sliding doors & take advamtage of the lake views! The 2nd floor feature 2 "en-suite" bedrooms ..master with walk in closet & dual sinks (floor plan attached). Upgrades include ceramic tile & laminate flooring & total hurricane protection with accordion shutters throughout!A MUST SEE LOCATION! Community amenities of pool, tennis, bocce, basketball, playground, cable, manned security gate & roving security are all included in the one HOA fee. The Meadows is a community for all ages offering "A rated" schools, easy access to I-95, Turnpike, shopping, restaurants, downtown Stuart & nearby beaches.

Last Agent to Sell the Property

Ronald Sagarino

Laviano & Associates Real Esta License #580274 Listed on: 03/10/2019

Laviano & Associates Real Esta

Last Buyer's Agent

Ronald Sagarino

Laviano & Associates Real Esta License #580274 Listed on: 03/10/2019

Laviano & Associates Real Esta

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1992

Lot Details

  • Lot Dimensions are 37x32x32x33
  • Lake Front
  • Property fronts a private road
  • Northeast Facing Home
  • Zero Lot Line

HOA Fees

  • $313 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

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

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Underground Utilities
  • Water Heater
  • 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, trash
  • Association Phone (772) 283-2250
  • Property Manager

Amenities

  • Clubhouse

Recreation

  • Community Basketball Court
  • Community Playground
  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated with Attendant
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,311

Year Built

Built in 1992

Lot Details

0

HOA Fees

$313 per month

Listing Details

  • Co List Office Phone: 772-781-1700
  • Directions: Martin Downs Blvd to Waterfall Blvd (entrance to "The Meadows"). 1st left after guard gate (Lakemont Village) to left on Danbury.. townhouse left side .. 2 assigned spaces 32B
  • Lot Size: 37x32x32x33
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Building Stories: 2
  • Structure Type: Townhouse
  • Subdivision Name: Meadows Prcl 50
  • Year Built: 1992
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater, Washer, Humidifier
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Dual Sinks, Eat-in Kitchen, Living/Dining Room, Pantry, Pull Down Attic Stairs, Separate Shower, Upper Level Master, Walk-In Closet(s), Central Vacuum
  • Living Area: 1374.0
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: Northeast
  • Disclosures: Deed Restriction
  • Exterior Features: Patio, Storm/Security Shutters
  • Lot Features: Lake Front, Zero Lot Line
  • Patio And Porch Features: Patio, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Metal
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Parking Features: Assigned, Guest, See Remarks

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated with Guard, Security Guard, Smoke Detector(s)
  • Utilities: Cable Available, Electricity Available, Sewer Available, Trash Collection, Underground Utilities, Water Available

Condo/Co-op/Association

  • Association Fee: 313.0
  • Phone: 772-283-2250
  • Association: Yes
  • Community Features: Basketball Court, Clubhouse, Playground, Property Manager On-Site, Pool, Street Lights, Gated, Sidewalks
  • 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, Trash

Schools

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

Lot Info

  • Zoning Description: PUD
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2311.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2024
Sold by
Ferro John N and Ferro Angelina
Bought by
John And Angelina Ferro Living Trust and Ferro
Current Estimated Value
$292,867

Purchase Details

Listed on
Mar 10, 2019
Closed on
Apr 16, 2019
Sold by
Kennedy David
Bought by
Ferro John N and Ferro Angelina
Seller's Agent
Ronald Sagarino
Laviano & Associates Real Esta
Buyer's Agent
Ronald Sagarino
Laviano & Associates Real Esta
List Price
$177,500
Sold Price
$176,000
Premium/Discount to List
-$1,500
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$140,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 29, 2012
Closed on
May 4, 2012
Sold by
Financial Freedom Acquisition Llc
Bought by
Kennedy David
Seller's Agent
Ronald Incitti
Advanced Realty Services Inc
List Price
$98,900
Sold Price
$98,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Feb 29, 2012
Closed on
Mar 29, 2012
Sold by
Financial Freedom Acquisition Llc
Bought by
Onewest Bank Fsb
Seller's Agent
Ronald Incitti
Advanced Realty Services Inc
List Price
$98,900
Sold Price
$98,900

Purchase Details

Closed on
Feb 7, 2012
Sold by
Musantry Virginia
Bought by
Financial Freedom Acquisition Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Melik Stephen F and Musantry Virginia
Bought by
Melik Stephen F

Purchase Details

Closed on
Nov 6, 2006
Sold by
Melik Stephen F and Musantry Virginia
Bought by
Melik Stephen F and Musantry Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.51%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 5, 2006
Sold by
Mastromarino John
Bought by
Melik Stephen F and Musantry Virginia

Purchase Details

Closed on
Apr 26, 2001
Sold by
Enrico P Catapano M and Adele M Catapano M
Bought by
Mastromarino John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1997
Sold by
Lutton Joseph T and Lutton Jacqueline M
Bought by
Catapano Enrico P and Catapano Adele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,700
Interest Rate
7.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
John And Angelina Ferro Living Trust $64,800 None Listed On Document
Ferro John N $176,000 Attorney
Kennedy David $98,900 Attorney
Onewest Bank Fsb -- New House Title Llc
Financial Freedom Acquisition Llc $50,000 Attorney
Melik Stephen F $17,100 Attorney
Melik Stephen F -- Alliant Title & Escrow
Melik Stephen F $215,000 None Available
Mastromarino John $110,000 --
Catapano Enrico P $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferro John N $140,800
Previous Owner Melik Stephen F $324,000
Previous Owner Catapano Enrico P $75,000
Previous Owner Catapano Enrico P $78,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2019 04/16/19 Sold $176,000 -0.8% $128 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/10/2019 03/10/19 For Sale $177,500 +79.5% $129 / Sq Ft
05/04/2012 05/04/12 Sold $98,900 0.0% $72 / Sq Ft View Prior Sale
04/04/2012 04/04/12 Pending -- -- --
02/29/2012 02/29/12 For Sale $98,900 -- $72 / 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 $3,696 $259,060 $110,000 $149,060
2024 $3,541 $205,359 -- --
2023 $3,541 $186,690 $0 $0
2022 $3,016 $169,719 $0 $0
2021 $2,670 $154,290 $65,000 $89,290
2020 $2,583 $148,000 $55,000 $93,000
2019 $2,587 $149,260 $55,000 $94,260
2018 $2,311 $131,540 $45,000 $86,540
2017 $2,163 $128,070 $60,000 $68,070
2016 $2,030 $119,440 $50,000 $69,440
2015 $1,718 $120,300 $50,000 $70,300
2014 $1,718 $109,250 $38,000 $71,250
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Ronald Sagarino

    Laviano & Associates Real Esta

    (772) 284-6623

    26 in this area

    34 Total Sales

    Ronald Sagarino
    Section Image

  • R

    Seller's Agent in 2012

    Ronald Incitti

    Advanced Realty Services Inc

See All Agents

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20016770

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-032-00020-3

Florida Martin County Palm City

34990

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