When was property at 2786 Southwest Montego Terrace built and last sold?

The property at 2786 Southwest Montego Terrace was built in 2001 and last sold on Apr 22, 2005 for $88,500.

How much is this home worth?

The estimated value of the home located at 2786 Southwest Montego Terrace is $0.

What are some comparable homes to 2786 Southwest Montego Terrace?

There are currently no comparable homes to 2786 Southwest Montego Terrace.

Martin

34997

2786 SW Montego Terrace

Sold on Aug 22, 2025

Map

$473,800

● House - Off Market

2786 SW Montego Terrace

Stuart, FL 34997

3 Beds

2 Baths

1,625 Ft²

$2,845

Est. Monthly

$175

HOA / Fees

5.73%

Cap Rate

About This Property

Spacious, One owner, Move-In-Ready Home! This beautifully maintained 1,625 sq ft home offers 3 bedrooms PLUS a versatile office/den that can EASILY serve as a 4th bedroom, 2 full baths, and a spacious 2-car garage. Home has Luxury Vinyl flooring, updated kitchen cabinets with soft close, and granite countertops. Endless entertaining in the large screened patio with a newly refinished swimming pool. Primary bedroom has large walk in closet, dual sinks, separate shower and tub. Take a walk to a serene lake, this home is nestled in the highly desirable River Forest community. Enjoy top-tier amenities, including: Clubhouse w/Heated Pool, Fitness Center, Playground, Basketball court, Boat Launch w/ ocean access, and RV storage. Must See. Come and Enjoy Florida living at it's best!

Unit Size

1,625 Ft²

Days on Market

203 days

Land Size

0.15 acres

Price per sqft

$308

Property Type

House

Property Taxes

$215

HOA Dues

$175

Year Built

2001

Payment Calculator

Cap Rate Calculator

Last updated: 3 months ago (Beaches MLS #R11057748)

Price History

Date / Event	Date	Event
Aug 22, 2025	Sold	Premium
Sold
Jul 8, 2025	In contract	-
In contract
Jun 9, 2025	Price Decreased	$499,900 ↓ $15K (2.9%)
Price Decreased
Apr 19, 2025	Price Decreased	$514,900 ↓ $14K (2.7%)
Price Decreased
Jan 31, 2025	Listed by Illustrated Properties/Hobe So	$529,000
Listed by Illustrated Properties/Hobe So
May 11, 2005	Sold	Premium
Sold
May 2, 2002	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 2001

Effective Year Built: 2001
Building Count: 1
Total Rooms: 3
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 10
Construction Type: 4
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 3
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 396
Parking Space Count: 1
Patio Type: 59
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 6,621

Total Building Area: 2,021
Gross Building Area: 2,021
Building Area: 1,625
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,625
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: ST LUCIE FALLS (AKA RIVER FOREST)
Land Acres: 0000000152
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: REVISED PARCEL 3 = W 30 OF LOT 3 & E 30 OF LOT 4 BLK 51 ST LUCIE FALLS

Neighborhood

School District Name: Martin County School District

Census Tract: 001702

Zoning

Zoning: RT

Geography

Assessors Map Reference: L-12B

Parcel: 12-39-40-002-051-00030-0
Block: 51
Lot: 3,4
Meridian: SEC 12 TWN 39S RNG 40E
Latitude: 27.0952
Longitude: -80.2919

Address

Full Address: 2786 Sw Montego Ter

Address - House Number: 2786
Street Direction: SW
Address - Street Name: Montego
Address - Suffix Type: Ter
State: FL
City Name: Stuart
Carrier Code: R004
4-Digit Zip Code: 1202
Zip Code: 34997

Valuation

Tax

Tax Year: 2022

Tax Amount: $264,629
Tax Rate Code Area: 9009 SOUTH

Appraisal Valuation

Standard Deviation: 0.1907

Valuation Date: Jan 27, 2024
Confidence Score: 74
Final Value: 482,756
High Value: 574,865
Low Value: 390,647

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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First Open Lien Mortgage Lender:

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First Open Lien Mortgage Recording Date:

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First Open Lien Mortgage Term:

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First Open Lien Mortgage Loan Due Date:

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Market Valuation

Market Total Value: $356,640

Market Land Value: $130,000
Market Improvement Value: $226,640

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $180,947

Exemptions

Senior Citizen Exemption : Yes

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Apr 22, 2005

Current Sale Recording Date: May 11, 2005
Current Sale Price:

Premium
Current Sale Document Type: 55
Current Sale Input Document Number: 1838691
Previous Sale Recording Date: May 02, 2002
Previous Sale Contract Date: Feb 26, 2002
Previous Sale Amount: $58,000
Previous Sale Document Type: 40

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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First Mortgage Terms:

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First Mortgage Loan Type:

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First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Martin

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$285

Below Asking

0.03%

Average Days on Market

Average Home Size

2081 ft²

Average Home Age

32.9 years

Currently For Sale

1249 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3091 Sw Otter Lane, Stuart, FL, 34997

$2,700 /mo

3 Beds
2 Baths
1,542 ft²

3091 Sw Otter Lane, Stuart, FL, 34997 Listing by Margaret Slobasky

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ronald M. Balsamo
Illustrated Properties/Hobe So
Last Updated: 3 months ago
Data Source: Beaches MLS, MLS# R11057748

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, 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. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.