$260,000
SOLD JUN 26, 2025

2873 SW Lakemont Place Palm City, FL 34990

2 Beds
2 Baths
1,374 Sq Ft
$449/mo HOA Fee

Recently Sold

$189 Per Sq Ft

16% Below List Price

108 Days on Market

Highlights

  • Gated with Attendant
  • Cabana
  • Furnished
  • Bessey Creek Elementary School Rated A-
  • Two Primary Bedrooms
  • Tennis Courts

About This Home

As of June 2025

Pride of ownership is the hallmark of this fastidiously maintained home - all furniture & furnishings as seen, included. Large diagonal ceramic tile can be found in the living and dining room, whereas the kitchen has tumbled stone. Stainless appliances compliment the kitchen as do the quartz counters and built-ins. Plantation shutters can be found through-out except for the kitchen slider. The primary bedroom has a 4 poster bed, Pergo type flooring while the en-suite bathroom features a walk-in shower and dual vanities. The guest bedroom is being utilized as an office, has built in cabinetry, a sofa and a wide closet. The corresponding bathroom has a shower/tub combo. The screen lanai has wood effect tile and outdoor furniture for every occasion. All openings have accordion shutter protection. The Meadows amenities include large heated/cooled swimming pool, a toddler pool, new playground, new tennis and pickle ball courts, horse shoe pit and bocce ball court. Welcome home to paradise!

Last Agent to Sell the Property

Charles Ross

One Sotheby's International Realty Brokerage Phone: 772-485-9061 License #670500 Listed on: 01/27/2025

Last Buyer's Agent

Patricia Griffith

Realty One Group Engage License #3453592

Realty One Group Engage

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $903

Year Built

  • Built in 1989

HOA Fees

  • $449 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,374 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows

Kitchen

  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Water Heater
  • Cable TV Available

Additional Features

  • Cabana
  • 1,220 Sq Ft Lot

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, internet, legal/accounting, ground maintenance, maintenance structure, pest control, pool(s), recreation facilities, reserve fund, road maintenance, security, taxes
  • 4 Units

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Park

Pet Policy

  • Limit on the number of pets

Security

  • Gated with Attendant
  • Hurricane or Storm Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$903

Year Built

Built in 1989

Lot Details

0

HOA Fees

$449 per month

Listing Details

  • Directions: Martin Down Blvd, right at the light at Waterfall Blvd. At guard gate enter access code 282317. Proceed through gate taking 1st left on SW Lakemont Pl, Bear right staying on Lakemont Pl and unit will be on the right at the rear of the Building. Entry will be via Supra lockbox.
  • Lot Size Acres: 0.028
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Meadows Prcl 50
  • Year Built: 1989
  • Year Built Details: Resale
  • Ownership: Other-see broker remarks
  • Attribution Contact: 772-485-9061
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Range, Water Heater, Washer
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Furnished: Furnished
  • Interior Amenities: Multiple Primary Suites, Split Bedrooms, Tub Shower
  • Living Area: 1374.0
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Storm/Security Shutters
  • Other Structures: Cabana
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Metal
  • Waterfront: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 449.0
  • Association: Yes
  • Community Features: Barbecue, Gated, Park, Pickleball, Pool, Sidewalks, Tennis Court(s)
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Recreation Facilities, Reserve Fund, Road Maintenance, Security, Taxes

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 903.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Jun 26, 2025
Sold by
Boucher Theresa A and Boucher Raymond O
Bought by
Petrino Catherine Alline Grace
Seller's Agent
Charles Ross
One Sotheby's International Realty
Buyer's Agent
Patricia Griffith
Realty One Group Engage
List Price
$310,000
Sold Price
$260,000
Premium/Discount to List
-$50,000
-16.13%
Views
35
Current Estimated Value
$274,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,312
Avg. Annual Appreciation
144.26%
Original Mortgage
$251,322
Outstanding Balance
$251,322
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$22,990

Purchase Details

Closed on
Nov 25, 2024
Sold by
Boucher Raymond O and Boucher Theresa A
Bought by
Raymond O Boucher And Theresa A Boucher Revoc and Boucher

Purchase Details

Closed on
Apr 19, 2002
Sold by
Wanke Ernest and Wanke Margaret
Bought by
Boucher Raymond O and Boucher Theresa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.89%

Purchase Details

Closed on
Jul 2, 1992
Bought by
Boucher Raymond O and Boucher Theresa A
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $260,000 Title Pros Of Florida Llc
Warranty Deed $100 None Listed On Document
Warranty Deed $114,900 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $251,322 FHA
Previous Owner $39,678 Future Advance Clause Open End Mortgage
Previous Owner $33,000 Unknown
Previous Owner $15,000 Unknown
Previous Owner $30,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Sold $260,000 -3.7% $189 / Sq Ft
06/05/2025 06/05/25 Pending -- -- --
05/15/2025 05/15/25 Price Changed $270,000 -6.9% $197 / Sq Ft
03/13/2025 03/13/25 Price Changed $290,000 -3.3% $211 / Sq Ft
03/05/2025 03/05/25 Price Changed $299,999 -3.2% $218 / Sq Ft
03/05/2025 03/05/25 For Sale $310,000 0.0% $226 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/17/2025 02/17/25 For Sale $310,000 -- $226 / 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 $903 $98,962 -- --
2024 $873 $96,173 -- --
2023 $873 $93,372 $0 $0
2022 $826 $90,653 $0 $0
2021 $816 $88,013 $0 $0
2020 $804 $86,798 $0 $0
2019 $782 $84,846 $0 $0
2018 $756 $83,264 $0 $0
2017 $697 $81,552 $0 $0
2016 $680 $79,874 $0 $0
2015 $642 $79,319 $0 $0
2014 $642 $78,689 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20048814

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-007-018-00010-4