NOT LISTED FOR SALE

1127 SW 28th St Palm City, FL 34990

Estimated Value: $469,000 - $512,000

3 Beds
2 Baths
1,504 Sq Ft
$324/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $370,000 $246 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,034/month

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • No HOA
  • Palm City Elementary School Rated A-
  • Corner Lot
  • Screened Porch

About This Home

As of March 2021

Palm City's newest beauty! Renovated 3bed 2 bath home. Open floor concept. All new appliances, kitchen cabinets, granite countertops, tile flooring, Ac, water heater, roof, two-car garage. Spacious sized laundry room. An abundance of outside space for that south Florida outdoor living! This home will not last long!

Last Agent to Sell the Property

Desiree Bonnie

RE/MAX of Stuart License #3291002 Listed on: 12/04/2020

RE/MAX of Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,003

Year Built

  • Built in 1993

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 1-Story Property
  • Bar
  • Shutters
  • Open Floorplan
  • Screened Porch
  • Ceramic Tile Flooring
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking
  • 1 to 5 Parking Spaces

Outdoor Features

  • Patio

Schools

  • Palm City Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,003

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Directions: Martin Downs Blvd. to Mapp Road to 28th Street.
  • Garage Yn: Yes
  • Lot Size Acres: 0.296
  • Lot Size: 12,894 sf
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Cleveland Add
  • Year Built: 1993
  • Ownership: Fee Simple
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Area, Family/Dining Room, Living/Dining Room, Split Bedrooms, Bar
  • Living Area: 1504.0
  • Stories: 1
  • Window Features: Shutters
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Disclosures: Easement(s)
  • Exterior Features: Patio, Room For Pool, Storm/Security Shutters
  • Lot Features: Corner Lot
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Boat, Garage, RV Access/Parking, Two Spaces, Truck Parking, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Palm City
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4003.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2020
Closed on
Mar 15, 2021
Sold by
Rastrelli Richard and Rastrelli Kathy L
Bought by
Corbett Robert J
Seller's Agent
Desiree Bonnie
RE/MAX of Stuart
List Price
$36,900
Sold Price
$370,000
Premium/Discount to List
$333,100
902.71%
Current Estimated Value
$487,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,250
Avg. Annual Appreciation
6.17%
Original Mortgage
$358,900
Outstanding Balance
$321,728
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$165,522

Purchase Details

Closed on
Feb 23, 2010
Sold by
Rastrelli Richard
Bought by
Rastrelli Richard and Rastrelli Kathy L

Purchase Details

Closed on
Feb 24, 1993
Bought by
Rastrelli Richard and Rastrelli Kathy L

Purchase Details

Closed on
May 18, 1989
Bought by
Rastrelli Richard and Rastrelli Kathy L
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
Corbett Robert J $370,000 South Florida Title Svcs Inc
Rastrelli Richard -- Attorney
Rastrelli Richard $25,000 --
Rastrelli Richard $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corbett Robert J $358,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $370,000 +902.7% $246 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
12/04/2020 12/04/20 For Sale $36,900 -- $25 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $5,490 $358,349 -- --
2024 $5,381 $348,250 -- --
2023 $5,381 $338,107 $0 $0
2022 $5,186 $328,260 $117,560 $210,700
2021 $4,243 $222,620 $108,000 $114,620
2020 $4,153 $219,920 $103,500 $116,420
2019 $4,003 $217,000 $99,000 $118,000
2018 $3,646 $197,220 $81,000 $116,220
2017 $2,843 $168,370 $76,500 $91,870
2016 $3,025 $161,130 $72,000 $89,130
2015 $2,477 $147,720 $67,500 $80,220
2014 $2,477 $135,800 $49,500 $86,300
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Desiree Bonnie

    RE/MAX

    Section Image
See All Agents

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20026908

Martin County REALTORS® of the Treasure Coast

APN: 17-38-41-010-013-00140-0

Florida Martin County Palm City 34990

1127 SW 28th St, Palm City, FL

This home is located at 1127 SW 28th St, Palm City, FL 34990 since 04 December 2020 and is currently estimated at $487,250, approximately $323 per square foot. This property was built in 1993. 1127 SW 28th St is a home located in Martin County with nearby schools including Palm City Elementary School, Hidden Oaks Middle School, and Martin County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, 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.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

Nearby Homes