NOT LISTED FOR SALE

1292 SW Estates Place Palm City, FL 34990

Estimated Value: $2,647,000 - $3,999,000

4 Beds
4.5 Baths
4,459 Sq Ft
$791/Sq Ft Est. Value

Last Sold April 11, 2019

Last sale price $750,000 $168 Per Sq Ft

Est. 371% increase in value since last sale

Current estimated payment $22,239/month

429 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Concrete Pool
  • Bessey Creek Elementary School Rated A-
  • New Construction
  • Gated Community

About This Home

As of April 2019

LARGE ESTATE WATERFRONT Lot available in Bay Pointe! There are not many prospects like this available and the ONLY WATERFRONT land available in the Entire Community. The amazing wide water views this property has will give you the full feeling of waterfront living in Martin County. Spectacular Sunrises Every Morning! Just under an acre of waterfront property with dock in place! This is your opportunity to build your own Waterfront Estate Dream Home! Boasting the best schools in Martin County! The Natural Preserve across from the property adds to the reasons why this community is listed as one of the most desirable in the area. This lot has been cleared and is ready to deliver your dream home to you! In place plans with renowned builder for the possibility to have everything set in place for your perfect property! You can have it all!

Last Agent to Sell the Property

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347 Listed on: 01/07/2018

Keller Williams of the Treasure Coast

Last Buyer's Agent

Joseph Sabato

Keller Williams of the Treasure Coast License #3142347 Listed on: 01/07/2018

Keller Williams of the Treasure Coast

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,126

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Waterfront

HOA Fees

  • $936 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 4,459 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Screened Porch
  • River Views
  • Impact Glass

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Property has ocean access
  • Access To Intracoastal Waterway
  • River Access
  • Rip-Rap

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

Overview

  • Association fees include common areas

Recreation

  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,126

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$807 per month

Listing Details

  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Lot Size: .88 Acres
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: BAY POINTE ESTATES
  • Year Built: 2019
  • Year Built Details: Preconstruction
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Oven, Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Possible Bedrooms: 5
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Interior Amenities: Wet Bar, Breakfast Bar, Cathedral Ceiling(s), Entrance Foyer, Master Downstairs, Pantry, Walk-In Closet(s)
  • Living Area: 4459.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 2
  • Window Features: Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Patio And Porch Features: Porch, Screened
  • Pool Features: Concrete, Heated, In Ground
  • Pool Private: Yes
  • Roof: Barrel
  • View: Intercoastal, River
  • View: Yes
  • Waterfront Features: Deep Water, Intracoastal Access, Ocean Access, River Access, Riprap, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 4.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated Community
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Sewer Available, Sewer Connected, Septic Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 936.0
  • Association: Yes
  • Community Features: Dock
  • Pets Allowed: Pet Restrictions, Size Limit
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Other

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • Development Status: New Construction
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 11126.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2018
Closed on
Apr 11, 2019
Sold by
Seifert Brent B and Seifert Julie A
Bought by
Sadaka Christopher
Seller's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
Buyer's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
List Price
$2,150,000
Sold Price
$2,237,000
Premium/Discount to List
$87,000
4.05%
Current Estimated Value
$3,529,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,292,087
Avg. Annual Appreciation
6.71%
Original Mortgage
$1,650,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 8, 2014
Closed on
Sep 12, 2016
Sold by
Hodgen Bradley Neale
Bought by
Seifer Brent B and Seifer Julie A
Seller's Agent
Patrick Stracuzzi
RE/MAX Community
Buyer's Agent
Joseph Sabato
Keller Williams of the Treasure Coast
List Price
$795,000
Sold Price
$695,000
Premium/Discount to List
-$100,000
-12.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.32%

Purchase Details

Listed on
Apr 17, 2011
Closed on
Mar 12, 2012
Sold by
Martel Robert
Bought by
Hodgen Bradley Neale
Seller's Agent
Julia Sansevere
Coldwell Banker Realty
Buyer's Agent
Julia Sansevere
Coldwell Banker Realty
List Price
$899,000
Sold Price
$650,000
Premium/Discount to List
-$249,000
-27.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.51%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Lindsey James E and Hicky Philip
Bought by
Martel Robert

Purchase Details

Closed on
Dec 28, 1998
Sold by
Harber Walter L
Bought by
Lindsey James E and Hicky Ii Philip

Purchase Details

Closed on
Dec 21, 1998
Sold by
Harber Walter L
Bought by
Hodgen Bradley Neale Tr
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
Sadaka Christopher $750,000 Attorney
Seifer Brent B $695,000 None Available
Hodgen Bradley Neale $650,000 First International Title In
Martel Robert $850,000 Seacrest Title Company
Lindsey James E $100 --
Hodgen Bradley Neale Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadaka Christopher $1,676,000
Closed Sadaka Christopher $1,650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2019 04/11/19 Sold $750,000 -66.5% $168 / Sq Ft
04/11/2019 04/11/19 Sold $2,237,000 +4.0% $502 / Sq Ft
03/12/2019 03/12/19 Pending -- -- --
03/12/2019 03/12/19 Pending -- -- --
01/07/2018 01/07/18 For Sale $2,150,000 +128.7% $482 / Sq Ft
09/21/2017 09/21/17 For Sale $940,000 +35.3% $211 / Sq Ft
09/12/2016 09/12/16 Sold $695,000 -12.6% $156 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
10/02/2014 10/02/14 For Sale $795,000 +22.3% $178 / Sq Ft
03/21/2012 03/21/12 Sold $650,000 -27.7% $17 / Sq Ft
02/20/2012 02/20/12 Pending -- -- --
04/17/2011 04/17/11 For Sale $899,000 -- $23 / 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 $26,441 $1,670,211 -- --
2024 $25,975 $1,623,140 -- --
2023 $25,975 $1,571,496 $0 $0
2022 $25,114 $1,525,725 $0 $0
2021 $24,929 $1,481,287 $0 $0
2020 $10,898 $624,340 $600,000 $24,340
2019 $10,820 $612,220 $600,000 $12,220
2018 $10,794 $614,320 $600,000 $14,320
2017 $10,120 $599,320 $585,000 $14,320
2016 $10,212 $600,720 $585,000 $15,720
2015 -- $599,250 $585,000 $14,250
2014 -- $599,880 $585,000 $14,880
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20009126

Martin County REALTORS® of the Treasure Coast

APN: 06-38-41-010-000-00350-5