NOT LISTED FOR SALE

1299 SW Covered Bridge Rd Palm City, FL 34990

Estimated Value: $791,000 - $1,461,000

4 Beds
3.5 Baths
2,760 Sq Ft
$352/Sq Ft Est. Value

Highlights

  • Boat Ramp
  • Property has ocean access
  • Private Pool
  • Bessey Creek Elementary School Rated A-
  • Home fronts navigable water
  • Canal View

About This Home

As of December 2012

Dream home up for rent! Beautiful unique Key West style home with full outdoor kitchen, tiki bar, pool and more. Upgraded kitchen/great room, beautiful views and lots of porch space! Bonus room in converted garage w/AC adds over 300 sqft.

Last Agent to Rent the Property

Kerrie Sheldon

Real Estate of Florida License #3153176 Listed on: 09/13/2012

Last Renter's Agent

Karen Tyree

Illustrated Properties Seabranch License #3254493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,925

Year Built

  • 1974

Lot Details

  • Home fronts navigable water
  • Fenced
  • Sprinkler System

Property Views

  • Canal
  • Garden

Interior Spaces

  • 2,760 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Screened Porch

Kitchen

  • Built-In Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Property Available on 10/1/12
  • Assessor Parcel Number 123840001000007405

Community Details

Overview

  • Rustic Hills Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,925

Year Built

1974

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2012-10-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take High Meadows straight thrgh round about. 2nd house on rt after bridge
  • Special Features: None
  • Year Built: 1974

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Entrance Foyer, Pantry, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Partially
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2760.0

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Outdoor Grill, Patio
  • View: Canal, Garden
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Dock Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Balcony, Deck, Patio, Porch, Screened

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 123840001000007405

Multi Family

  • Number Of Units In Community: 150

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2011
Sold by
Cotton Donald E and Cotton Bonnie
Bought by
Ray Mark D and Ray Kerrie L
Current Estimated Value
$968,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$191,494
Interest Rate
4.54%
Mortgage Type
New Conventional
Estimated Equity
$785,604

Purchase Details

Closed on
Aug 22, 2008
Sold by
Nichols Judith
Bought by
Cotton Donald E and Cotton Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
5.77%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2008
Sold by
Nichols Jonathan
Bought by
Nichols Judith

Purchase Details

Closed on
Apr 23, 2001
Sold by
Boling Mary and Boling Bob C
Bought by
Nichols Jonathan K and Nichols Judith L

Purchase Details

Closed on
Dec 31, 1998
Sold by
Campo Pierina M
Bought by
Boling Bob C and Boling Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.87%
Mortgage Type
New Conventional
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
Ray Mark D $432,500 Attorney
Cotton Donald E $595,000 Wci Title
Nichols Judith -- None Available
Nichols Jonathan K $175,000 First American Title Ins Co
Boling Bob C $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ray Mark D $275,000
Previous Owner Cotton Donald E $59,000
Previous Owner Cotton Donald E $417,000
Previous Owner Nichols Judith L $235,000
Previous Owner Nichols Jonathan K $75,000
Previous Owner Nichols Jonathan K $265,000
Previous Owner Nichols Jonathan K $35,000
Previous Owner Nichols Jonathan $200,000
Previous Owner Boling Bob C $140,000
Previous Owner Boling Bob C $105,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2012 12/01/12 Rented $3,000 -21.1% --
11/01/2012 11/01/12 Under Contract -- -- --
09/13/2012 09/13/12 For Rent $3,800 -- --
Source: BeachesMLS

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 $4,925 $328,157 -- --
2024 $4,822 $318,909 -- --
2023 $4,822 $309,621 $0 $0
2022 $4,717 $300,603 $0 $0
2021 $4,725 $291,848 $0 $0
2020 $4,618 $287,819 $0 $0
2019 $4,560 $281,347 $0 $0
2018 $4,445 $276,103 $0 $0
2017 $3,886 $270,424 $0 $0
2016 $4,129 $264,863 $0 $0
2015 $3,922 $263,023 $0 $0
2014 $3,922 $260,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3309962

BeachesMLS

APN: 12-38-40-001-000-00740-5