NOT LISTED FOR SALE

101 Formosa Place Ponte Vedra Beach, FL 32082

Estimated Value: $803,000 - $930,000

4 Beds
2 Baths
2,150 Sq Ft
$392/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $800,000 $372 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,100/month

8 Days on Market

Highlights

  • Clubhouse
  • Wood Flooring
  • Tennis Courts
  • Ponte Vedra Palm Valley - Rawlings Elementary School Rated A
  • 1 Fireplace
  • Jogging Path

About This Home

As of June 2023

Charming 4 Bedroom 2 Bath home located in Azalea Point. This home features a Large Kitchen with Breakfast Bar overlooking the Eat In Area, Shelving Area for Wine, Loads of Cabinet and Counter Space, Stainless Steel Stove and Microwave, Large Living Room with Tiled Fireplace, Dining Room, Brand New Carpet, Freshly Painted throughout, Inside Laundry Room with Wash Sink, Large Screened Patio and Side Entry Garage. This property is a beauty and a must see! This property is a must see and will not last long at this price! This property is move in ready and a must see! This property is available under the FREDDIE MAC FIRST LOOK through 6/13/13. ONLY OWNER OCCUPANT OFFERS ARE NEGOTIATED DURING THE FIRST 15 DAYS ON MARKET. PLEASE SEE ATTACHED OWNER OCCUPANCY FORM, BUYER DISCLOSURE FORM, PROPERTY CONDITION ADDENDUM AND RELEASE, WDO REPORT ROOF INSPECTION AND OFFER INSTRUCTIONS TO SEND WITH OFFERS. THIS PROPERTY IS CURRENTLY IN MULTIPLE OFFERS. ATTACHED TO THE MLS IS THE MULTIPLE OFFER NOTIFICATION/HIGHEST AND BEST THAT IS DUE NO LATER THAN JUNE 3RD AT 10 AM

Last Agent to Sell the Property

Cliff Glansen

FLATFLEE.COM INC License #278017259 Listed on: 04/27/2023

Last Buyer's Agent

Lisa Barton

KELLER WILLIAMS REALTY ATLANTIC PARTNERS License #3137940

KELLER WILLIAMS REALTY ATLANTIC PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,621

Year Built

  • Built in 1994

Lot Details

  • 10,019

HOA Fees

  • $139 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Additional Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,150 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub With Separate Shower Stall

Schools

  • Ponte Vedra Rawlings Elementary School
  • Alice B. Landrum Middle School
  • Ponte Vedra High School

Additional Features

  • Lot Dimensions are 75x150
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0669030190

Community Details

Overview

  • Azalea Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,621

Year Built

Built in 1994

Lot Details

0

HOA Fees

$139 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Lot Size: 75x150
  • Subdivision Name: Azalea Point
  • General Property Information Living Area2: 2150.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Security Features Smoke Detector(s): Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bathroom -Tub with Separate Shower
  • Major Appliances: Disposal, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2150.0
  • ResoLivingAreaSource: PublicRecords
  • Fireplace Features:Fireplaces Total: 1
  • Appliances:Electric Range: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Construction Type: Frame, Stucco
  • Construction Materials:Frame: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Additional Parking, Attached, Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Additional Parking: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association Fee: 418.0
  • Association Fee Frequency: Quarterly
  • Amenities: Basketball Court, Clubhouse, Jogging Path, Tennis Court(s)
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 418.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Basketball Court: Yes
  • Association Amenities:Tennis Courts: Yes
  • Association Amenities:Jogging Path: Yes

Schools

  • Elementary School: Ponte Vedra Rawlings
  • High School: Ponte Vedra
  • Middle Or Junior School: Alice B. Landrum

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 0669030190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Jun 20, 2023
Sold by
Palusak Trust
Bought by
Kaminsky Timothy Myles and Desampaio-Kaminsky Sabrina
Seller's Agent
Cliff Glansen
FLATFLEE.COM INC
Buyer's Agent
Lisa Barton
KELLER WILLIAMS REALTY ATLANTIC PARTNERS
List Price
$800,000
Sold Price
$800,000
Views
24
Current Estimated Value
$843,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,007
Avg. Annual Appreciation
2.24%

Purchase Details

Closed on
Feb 24, 2021
Sold by
Palusak Ryan David and Palusak Kimberly Mills
Bought by
Palusak Ryan David and Palusak Kimberly Mills

Purchase Details

Listed on
May 29, 2013
Closed on
Jul 23, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Palusak Ryan David and Palusak Kimberly Mills
Seller's Agent
Julie Sabine
REALTY EXCHANGE LLC
Buyer's Agent
DONIA TYNER
PONTE VEDRA CLUB REALTY, INC.
List Price
$339,900
Sold Price
$356,000
Premium/Discount to List
$16,100
4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$284,800
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2013
Sold by
Masto Matthew G and Masto Lisa D
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jul 5, 2006
Sold by
Dare Susan F
Bought by
Masto Mathew G and Masto Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Kearney John E and Kearney Denise L
Bought by
Dare Susan F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kaminsky Timothy Myles $801,000 Landmark Title
Palusak Ryan David -- None Available
Ryan David Palusak And Kimberly Mills Palusk -- None Listed On Document
Palusak Ryan David $356,000 None Available
Wells Fargo Bank Na -- None Available
Masto Mathew G $470,000 Watson & Osborne Title Servi
Dare Susan F $407,000 Watson & Osborne Title Servi
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palusak Ryan David $284,800
Previous Owner Masto Mathew G $376,000
Previous Owner Dare Susan F $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $356,000 -- --
12/17/2023 12/17/23 Off Market $800,000 -- --
06/20/2023 06/20/23 Sold $800,000 0.0% $372 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $800,000 +124.7% $372 / Sq Ft
07/25/2013 07/25/13 Sold $356,000 +4.7% $166 / Sq Ft View Prior Sale
06/11/2013 06/11/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $339,900 -- $158 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $6,621 $636,241 -- --
2024 $6,621 $618,310 $125,000 $493,310
2023 $6,621 $530,909 $115,000 $415,909
2022 $6,325 $528,546 $112,000 $416,546
2021 $5,448 $396,543 $0 $0
2020 $4,222 $338,669 $0 $0
2019 $4,306 $331,055 $0 $0
2018 $4,261 $324,882 $0 $0
2017 $4,248 $318,200 $0 $0
2016 $4,250 $308,833 $0 $0
2015 $4,807 $301,655 $0 $0
2014 $4,406 $271,426 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1224116

realMLS (Northeast Florida Multiple Listing Service)

APN: 066903-0190