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Sold for $687,805
  • $687,805

    2801 SW Lake Terrace, Palm City, FL 34990

    5beds
    3,323sqft
    Single Family Residence
    Built in 1992
    0.46 Acres Lot
    $661,800 Zestimate®
    $207/sqft
    $4,804 Estimated rent

    Home value

    $661,800

    $589,000 - $748,000

    $4,804/mo

    Zestimate® history
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    What's special

    Beautiful 5 BR lake home nestled in lush tropical landscaping, in the private and exclusive community of Rustic Hills. Sunsets are a revelation from your lanai with dock and boat slip navigable to the ocean. Main kitchen is renovated with quartz countertops and stainless appliances, upgraded vinyl plank flooring throughout the main living area. Mother-in-law suite equipped with full kitchen and private entry; perfect for an Airbnb. Spacious grounds offer loads of opportunity for endless fun, exploration and relaxation. So secluded yet minutes from fantastic restaurants, shopping, the turnpike, I 95, gorgeous beaches, and the NY Mets Spring Training. Your trip to dockside restaurants in Stuart is 10 minutes, and 20 minutes to the ocean. Roof replaced in 2021. Welcome to your Dream Home!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Gilley Fleschner 772-600-7400,

    Real Estate of Florida

    Bought with:

    Stacie Weisbecker, 3480666

    Real Estate of Florida

    Source: BeachesMLS,MLS#: R10975315MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 5
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
    • Laundry: Inside, Laundry Tub
    Features
    • Breakfast Bar, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Multiple Primary Suites, Multiple En Suite Bathrooms, Pantry, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Ceramic Tile, Other, Vinyl
    • Windows: Skylight(s)
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,932
    • Total interior livable area: 3,323 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Attached, Garage, Garage Door Opener, RV Access/Parking
    • Attached garage spaces: 3
    • Uncovered spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio, Porch, Screened
    • Exterior features: Outdoor Living Area, Porch
    • Has private pool: Yes
    • Pool features: Concrete, Heated, In Ground, Pool Equipment, Solar Heat
    • Has spa: Yes
    • Spa features: Above Ground
    • On waterfront: Yes
    Lot
    • Size: 0.46 Acres
    • Features: Sprinklers Automatic
    Details
    • Parcel number: 123840001000014102
    • Zoning: RES
    • Other equipment: Intercom

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Colonial,Ranch
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1992

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Water Available

    Community & HOA

    Community
    • Features: Home Owners Association
    • Security: Smoke Detector(s)
    • Subdivision: Rustic Hills
    HOA
    • Has HOA: Yes
    • Amenities included: None
    • HOA fee: $20 monthly
    Location
    • Region: Palm City

    Financial & listing details

    • Price per square foot: $207/sqft
    • Tax assessed value: $463,030
    • Annual tax amount: $5,130
    • Date on market: 4/16/2024
    • Cumulative days on market: 169 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    1/30/2025Sold$687,805-8.2%$207/sqft
    Source: BeachesMLS #R10975315 Report a problem
    10/21/2024Pending sale$749,000$225/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    8/5/2024Price change$749,000-3.9%$225/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    7/13/2024Price change$779,000-2.5%$234/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    6/11/2024Price change$799,000-5.9%$240/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    5/20/2024Price change$849,000-2.9%$255/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    5/7/2024Price change$874,000-1.7%$263/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    4/16/2024Listed for sale$889,000+133.9%$268/sqft
    Source: BeachesMLS #RX-10975315 Report a problem
    2/4/2014Sold$380,000-5%$114/sqft
    Source: Public Record Report a problem
    7/12/2013Listing removed$399,900$120/sqft
    Source: Prudential Florida Realty #RX-3366032 Report a problem
    7/10/2013Listed for sale$399,900-5.9%$120/sqft
    Source: Prudential Florida Realty #RX-3366032 Report a problem
    11/18/2011Listing removed$424,900$128/sqft
    Source: Visual Tour #R3180756 Report a problem
    8/4/2011Listed for sale$424,900$128/sqft
    Source: Visual Tour #R3180756 Report a problem
    5/5/2011Listing removed$424,900$128/sqft
    Source: Prudential Florida Realty #R3180756 Report a problem
    3/10/2011Listed for sale$424,900+15.1%$128/sqft
    Source: Prudential Florida Realty #R3180756 Report a problem
    3/13/2003Sold$369,000+7%$111/sqft
    Source: Public Record Report a problem
    11/21/2001Sold$345,000$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,416 -0.7%$356,042 +2.9%
    2024$5,453 +2%$346,008 +3%
    2023$5,344 +3.8%$335,931 +3%
    2022$5,151 -0.2%$326,147 +3%
    2021$5,163 +2.2%$316,648 +1.4%
    2020$5,054 +1.2%$312,277 +2.3%
    2019$4,992 $305,256 +1.9%
    2018$4,992 +2.6%$299,565 +2.1%
    2017$4,866 +63.1%$293,404 +2.1%
    2016$2,983 $287,369 +1.7%
    2015$2,983 $282,650 +38.7%
    2014$2,983 $203,761 +1.5%
    2013-- $200,750 -1.9%
    2012-- $204,720 -18.2%
    2011-- $250,240 -8.1%
    2010-- $272,150 -2.2%
    2009-- $278,360 -13.3%
    2008-- $321,040 -15.9%
    2007$3,565 -19.3%$381,598 +8.3%
    2006$4,419 $352,291 +34.4%
    2005-- $262,104 +14.6%
    2004$4,208 $228,640
    2003$4,208 +83.5%$228,640 +53.4%
    2001$2,294 +2.6%$149,012 +3%
    2000$2,236 +3.7%$144,672 +2.7%
    1999$2,157 $140,869
    Find assessor info on the county website

    Neighborhood: 34990

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Bessey Creek
    • Middle: Hidden Oaks
    • High: Martin County

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $661,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $661,800