1240 SW Covered Bridge Rd Palm City, FL 34990
Estimated Value: $589,968 - $868,000
3
Beds
3
Baths
2,182
Sq Ft
$323/Sq Ft
Est. Value
About This Home
This home is located at 1240 SW Covered Bridge Rd, Palm City, FL 34990 and is currently estimated at $703,742, approximately $322 per square foot. 1240 SW Covered Bridge Rd is a home located in Martin County with nearby schools including Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 23, 2023
Sold by
Mcintosh Meredith and Mcintosh Ritchie
Bought by
Tracy John and Tracy Virginia
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,600
Outstanding Balance
$453,150
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$250,592
Purchase Details
Closed on
May 29, 2009
Sold by
Shuler Bobby and Shuler Sharon
Bought by
Mcintosh Meredith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,985
Interest Rate
4.8%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 8, 1997
Sold by
Bonfiglio Ann
Bought by
Shuler Bobby and Shuler Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,900
Interest Rate
7.53%
Mortgage Type
Balloon
Purchase Details
Closed on
Dec 20, 1996
Sold by
Parise Frank
Bought by
Grams Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,900
Interest Rate
7.53%
Mortgage Type
Balloon
Purchase Details
Closed on
May 2, 1990
Bought by
Mcintosh Meredith
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tracy John | $620,000 | None Listed On Document | |
| Mcintosh Meredith | $139,000 | None Available | |
| Shuler Bobby | $128,400 | -- | |
| Grams Ann M | $100 | -- | |
| Mcintosh Meredith | $85,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tracy John | $465,600 | |
| Previous Owner | Mcintosh Meredith | $160,985 | |
| Previous Owner | Grams Ann M | $7,900 | |
| Previous Owner | Grams Ann M | $7,900 |
Source: Public Records
Tax History Compared to Growth
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 | $6,625 | $414,320 | $139,500 | $274,820 |
| 2024 | $2,128 | $417,340 | $417,340 | $277,840 |
| 2023 | $2,128 | $143,274 | $0 | $0 |
| 2022 | $2,038 | $139,101 | $0 | $0 |
| 2021 | $2,020 | $135,050 | $0 | $0 |
| 2020 | $1,928 | $133,186 | $0 | $0 |
| 2019 | $1,898 | $130,192 | $0 | $0 |
| 2018 | $1,847 | $127,765 | $0 | $0 |
| 2017 | $1,433 | $125,137 | $0 | $0 |
| 2016 | $1,710 | $122,563 | $0 | $0 |
| 2015 | $1,620 | $121,711 | $0 | $0 |
| 2014 | $1,620 | $120,745 | $0 | $0 |
Source: Public Records
Map
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