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3560 Southwest Racquet Club Way

3560 Southwest Racquet Club Way, Palm City, FL 34990
Property in Palm City
Sold Feb 19, 2021
$425,000
$504,000 by Rocket Mortgage Llc
Mortgage Due Mar 01, 2054
Sold Apr 23, 2010
$160,000
3560 Southwest Racquet Club Way in Palm City, FL was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 1999. This has been categorized as a residential property type. It is a single story home. There are a total of 3 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3560 Southwest Racquet Club Way has 2,040 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 45,172 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 metal. For those who need parking, there is a attached garage. The garage is 520 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 3560 Southwest Racquet Club Way sold most recently in Feb 18, 2021 for a total of $425,000. If you work out the math, that's approximately a cost of $166.02 per sqft. Before that, the property was also sold for $160,000 in Apr 15, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,300 in taxes each year. 3560 Southwest Racquet Club Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $486,063. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1979
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 45,172
  • Total Building Area: 2,560
  • Gross Building Area: 2,560
  • Building Area: 2,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CRANE CREEK RACQUET CLUB
  • Land Acres: 1.037
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRANE CREEK RACQUET CLUB PHASE II LOT 1

Ownership

  • Current Owner : ESPOSITO DONALD J
  • Previous Owner : BRANCALEONE PAUL
  • Previous Owner 2: BRANCALEONE ROSA
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 000606

Zoning

  • Zoning: PUDR

Geography

  • Assessors Map Reference: K-12-
  • Parcel: 12-38-40-021-000-00010-4
  • Lot: 1
  • Meridian: SEC 12 TWN 38S RNG 40E
  • Latitude: 27.1765
  • Longitude: -80.3018

    Address

  • Full Address: 3560 Sw Racquet Club Way
  • Address - House Number: 3560
  • Street Direction: SW
  • Address - Street Name: Racquet Club
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Palm City
  • Carrier Code: R003
  • 4-Digit Zip Code: 2613
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,300
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 627,264
  • High Value: 787,390
  • Low Value: 467,138

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $707,608
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Feb 09, 2024
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2054
  • Second Open Lien Mortgage Lender: SPRING EQ LLC
  • Second Open Lien Mortgage Recording Date: Jan 26, 2022
  • Second Open Lien Mortgage Loan Amount: $203,608
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 21, 2052

    Market Valuation

  • Market Total Value: $622,450
  • Market Land Value: $290,000
  • Market Improvement Value: $332,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $486,063

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 18, 2021
  • Current Sale Recording Date: Feb 19, 2021
  • Current Sale Transaction ID: 11825249030
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2869394
  • Previous Sale Recording Date: Apr 23, 2010
  • Previous Sale Contract Date: Apr 15, 2010
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Feb 19, 2021
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2036

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Frequently Asked Questions

What neighborhood is 3560 Southwest Racquet Club Way located in?
The 3560 Southwest Racquet Club Way is a other located in the neighborhood of Palm City in Palm City, Palm City.
What is the average sales price for listings in 3560 Southwest Racquet Club Way?
The average sales price for units in 3560 Southwest Racquet Club Way is $0 currently.

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