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2505 Southwest Park Meadows Trail

2505 Southwest Park Meadows Trail, Palm City, FL 34990
Property in Palm City
Sold May 25, 2012
$385,000
$335,000 by Dreamline Mortgage Inc
Mortgage Due Jan 01, 2042
Sold Jul 19, 2004
$510,000
$310,000 by Chase Manhattan Mortgage Corp
Mortgage Due Aug 01, 2034
2505 Southwest Park Meadows Trail in Palm City, FL was first built in 2002 and is 22 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 4 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2505 Southwest Park Meadows Trail has 2,996 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 14,462 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of concrete. For those who need parking, there is a attached garage. The garage is 635 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2505 Southwest Park Meadows Trail sold most recently in May 23, 2012 for a total of $385,000. If you work out the math, that's approximately a cost of $106.03 per sqft. Before that, the property was also sold for $510,000 in Jul 16, 2004. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,161 in taxes each year. 2505 Southwest Park Meadows Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $398,448. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 635
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,462
  • Total Building Area: 3,631
  • Gross Building Area: 3,631
  • Building Area: 2,996
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,996
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAMMOCK CREEK
  • Land Acres: 0.332
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 173 PLAT 5 HAMMOCK CREEK PUD (PB 14 PG 95)

Ownership

  • Current Owner : ELLENBERGER JAMES MATTHEW
  • Current Owner 2: ELLENBERGER SHEILA
  • Previous Owner : BEHL JACK R
  • Previous Owner 2: BEHL RANDI B
  • Owner Before Previous Owner: PETTIT JAMES A
  • Owner Before Previous Owner 2: PETTIT SHARON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 000604

Zoning

  • Zoning: PUDR

Geography

  • Assessors Map Reference: K-24B
  • Parcel: 24-38-40-003-000-01730-0
  • Lot: 173
  • Meridian: SEC 24 TWN 38S RNG 40E
  • Latitude: 27.1536
  • Longitude: -80.2877

    Address

  • Full Address: 2505 Sw Park Meadows Trl
  • Address - House Number: 2505
  • Street Direction: SW
  • Address - Street Name: Park Meadows
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Palm City
  • Carrier Code: R027
  • 4-Digit Zip Code: 7944
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,161
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.1907
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 74
  • Final Value: 902,555
  • High Value: 1,074,761
  • Low Value: 730,350

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: DREAMLINE MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Dec 20, 2021
  • First Open Lien Mortgage Loan Amount: $335,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $737,880
  • Market Land Value: $285,000
  • Market Improvement Value: $452,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,448

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2012
  • Current Sale Recording Date: May 25, 2012
  • Current Sale Transaction ID: 1148504297
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2333034
  • Previous Sale Recording Date: Jul 19, 2004
  • Previous Sale Contract Date: Jul 16, 2004
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: May 25, 2012
  • First Mortgage Loan Amount: $346,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 19, 2004
  • Previous Mortgage Loan Amount: $310,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2034

About Palm City



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Frequently Asked Questions

What neighborhood is 2505 Southwest Park Meadows Trail located in?
The 2505 Southwest Park Meadows Trail is a located in the neighborhood of Palm City in Palm City, Palm City.
What is the average sales price for listings in 2505 Southwest Park Meadows Trail?
The average sales price for units in 2505 Southwest Park Meadows Trail is $0 currently.

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