NOT LISTED FOR SALE

1016 Isle of Palms Ln Fernandina Beach, FL 32034

Estimated Value: $520,222 - $636,000

3 Beds
2 Baths
1,490 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $345,000 $232 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,460/month

10 Days on Market

Highlights

  • Rear Porch
  • Cooling Available
  • 2 Car Garage
  • Emma Love Hardee Elementary School Rated A-
  • Patio
  • Heat Pump System

About This Home

As of April 2020

Enjoy all that Amelia has to offer. Convenient to shopping, theater, schools Beach and much more. This well maintained home is ready for move in. Tile floors with wood look throughout, sprinkler system, tankless water heater, automatic shade in the master bedroom and shades on the guest room and den, Enjoy the evenings out on the open patio while relaxing in the swing and watching the fish jump in the pond.. Roof was replaced three years ago and A/C was also replaced approximately three years ago. This is one home on the Island that you will want to see.

Last Agent to Sell the Property

Nick Deonas

NICK DEONAS REALTY, INC. License #0391364 Listed on: 03/20/2020

Last Buyer's Agent

Nick Deonas

NICK DEONAS REALTY, INC. License #0391364 Listed on: 03/20/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,787

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 60 x 110

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2 Full Bathrooms
  • 1,490 Sq Ft Home
  • 1-Story Property
  • Insulated Windows

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • Isle Of Palms Of Amelia Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-00-31-142I-0020-0000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,787

Year Built

Built in 2001

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size: 60 x 110
  • Road Surface Type: Paved
  • Subdivision Name: Isle Of Palms Of Amelia
  • Directions: 14th street to Jasmine turn east to Isle of Palms on the right, 4th house on the left.
  • Architectural Style: One Story
  • Garage Yn: Yes
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 2001
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Residential
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stove
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1490.0
  • Window Features: Insulated Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Disclosures: Deed Restriction
  • Construction Type: Frame, Stucco
  • Patio And Porch Features: Rear Porch, Open, Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two Car Garage

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Parcel #: 00-00-31-142I-0020-0000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2020
Closed on
Apr 30, 2020
Sold by
Smith Roy G and Smith Catherine M
Bought by
Rainey Joseph Thomas
Seller's Agent
Nick Deonas
NICK DEONAS REALTY, INC.
Buyer's Agent
Nick Deonas
NICK DEONAS REALTY, INC.
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$573,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,556
Avg. Annual Appreciation
9.79%
Original Mortgage
$276,000
Outstanding Balance
$245,934
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$327,622

Purchase Details

Closed on
Aug 2, 2013
Sold by
Forns Anthony S and Forns Susan
Bought by
Smith Roy G and Smith Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2013
Sold by
Forms Anthony S
Bought by
Forms Anthony S and Forms Susan

Purchase Details

Closed on
Jan 7, 2011
Sold by
Forns Marian and Forns Evelio
Bought by
Forns Anthony S and Forns Marian

Purchase Details

Closed on
Dec 9, 2003
Sold by
Brown Paul J
Bought by
Forns Evelio and Forns Marian

Purchase Details

Closed on
Jun 8, 2001
Sold by
James R Hannah Inc
Bought by
Brown Paul J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.87%

Purchase Details

Closed on
Jan 30, 2001
Sold by
Rowan Ric
Bought by
James R Hannah Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
7.18%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Rainey Joseph Thomas $345,000 Amelia Title Agency Inc
Smith Roy G $200,000 Sunbelt Title Agency
Forms Anthony S -- None Available
Forns Anthony S -- None Available
Forns Evelio $186,000 First American Title Ins Co
Brown Paul J $145,000 First American Title Ins Co
James R Hannah Inc $28,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rainey Joseph Thomas $276,000
Previous Owner Smith Roy G $160,000
Previous Owner Brown Paul J $85,000
Previous Owner James R Hannah Inc $114,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $345,000 -1.4% $232 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $350,000 -- $235 / Sq Ft
Source: Amelia Island - Nassau County Association of REALTORS®

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
2024 $4,787 $304,997 -- --
2023 $4,787 $296,114 $0 $0
2022 $4,503 $287,489 $110,000 $177,489
2021 $4,588 $283,588 $93,500 $190,088
2020 $2,272 $158,851 $0 $0
2019 $2,323 $155,280 $0 $0
2018 $2,239 $152,385 $0 $0
2017 $2,143 $149,251 $0 $0
2016 $2,117 $146,181 $0 $0
2015 $2,130 $145,165 $0 $0
2014 $2,122 $144,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 88443

APN: 00-00-31-142I-0020-0000