NOT LISTED FOR SALE

1385 NW Peace Point Dr Arcadia, FL 34266

Estimated Value: $285,000 - $355,000

2 Beds
2 Baths
1,260 Sq Ft
$249/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $170,000 $135 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,702/month

122 Days on Market

Highlights

  • 300 Feet of Waterfront
  • Dock made with wood
  • Custom Home
  • Parking available for a boat
  • River Access
  • River View

About This Home

As of July 2019

Welcome to your own slice of Paradise! Relax and enjoy this truly unique 2 bedroom 2 bath custom built stilt home on over 2+ acres of beautiful property nestled on the banks of the picture perfect Peace River where serenity abounds. Envision this beautiful destination as an ideal weekend getaway or the perfect place to call home where you have the optimal gathering spot for all your entertaining plus room for all your toys. The home is powered by a whole home generator. Home features metal roof, French doors in both bedrooms and in the living room all which lead to the enclosed patio overlooking with full view the tranquil Peace River. Custom wood cabinets in kitchen, vaulted ceilings, inside laundry room, tankless water heater, oversized screen enclosed porch on the rear of the home and open wood decks on each side of the home. The ground level has concrete slab and endless possibilities where you can visualize your dream and make it yours. Fenced property with gate. Oversized wood river dock.

Last Agent to Sell the Property

Paula Davis Meyers

CHARLES RUTENBERG REALTY INC License #705756 Listed on: 02/06/2019

CHARLES RUTENBERG REALTY INC

Co-Listed By

Hayley Chase

CHARLES RUTENBERG REALTY INC License #3295738

Last Buyer's Agent

Oralia Ramirez

RMZ REALTY INC. License #3174844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 2003

Lot Details

  • 2.08 Acre Lot
  • 300 Feet of Waterfront
  • River Front
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned A-10

Property Views

  • River
  • Woods

Home Design

  • Stilt Home
  • Custom Home
  • Split Level Home
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Siding
  • Pile Dwellings

Interior Spaces

  • 1,260 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Inside Utility
  • Laundry in unit

Kitchen

  • Microwave
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Garage Space
  • Parking available for a boat

Outdoor Features

  • River Access
  • Fishing Pier
  • Dock made with wood
  • Open Dock
  • Balcony
  • Deck
  • Wrap Around Porch
  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Peace River Preserve Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,142

Year Built

Built in 2003

Lot Details

2.08 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Siding, Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1260
  • Lot Size Acres: 2.08
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 5270
  • Lot Size Sq Ft: 90561
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3154792&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3154792&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 2 to less than 5
  • Unit Number Y N: No
  • Property Description: Stilt Home
  • Ratio: Close Price\List Price: 0.72037
  • Price per Sq Ft: 134.92
  • Close to Original List Price Ratio: 0.72037
  • Ratio: Current Price\Building Area Total: 32.26
  • View: Yes
  • Co List Office Mls Id: 260000779
  • Co List Office Phone: 866-580-6402
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Vaulted Ceiling(s)
  • Appliances Included: Microwave, Refrigerator, Tankless Water Heater
  • Foundation Details: Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Multi/Split
  • Window Features: Blinds
  • Room Count: 4
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Storage, Workshop
  • Exterior Features: Balcony, French Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods, Water
  • Water Body Name: Peace River
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Enclosed, Front Porch, Patio, Porch, Rear Porch, Screened, Side Porch, Wrap Around
  • Water View: River
  • Water Access: River
  • Water Extras: Dock - Open, Dock - Wood, Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12027C0063C
  • Waterfront Frontage: 300
  • Water Frontage Feet River: 300

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Under Building
  • Open Parking: No

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A-10
  • Parcel Number: 07-37-25-0283-00C0-0010
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2013-11-06
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3142
  • Tax Block: C
  • Tax Lot: 1

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2019
Closed on
Jul 1, 2019
Sold by
Bridges Doris L
Bought by
Adams Benjamin Joel and Adams Karen Nicole
Seller's Agent
Paula Davis Meyers
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Oralia Ramirez
RMZ REALTY INC.
List Price
$235,990
Sold Price
$170,000
Premium/Discount to List
-$65,990
-27.96%
Current Estimated Value
$313,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,633
Avg. Annual Appreciation
9.69%
Original Mortgage
$136,000
Outstanding Balance
$118,324
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$195,309

Purchase Details

Closed on
Apr 19, 2001
Sold by
Moe Nancy
Bought by
Bay William F and Bay Lynn J

Purchase Details

Closed on
Jan 20, 2000
Sold by
Smith Wilbur O and Smith Marcella C
Bought by
Bridges Doris Linda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Adams Benjamin Joel $170,000 Royalty Title Llc
Bay William F $20,000 --
Bridges Doris Linda $47,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Benjamin Joel $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $170,000 -28.0% $135 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $235,990 0.0% $187 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $235,990 -- $187 / Sq Ft
Source: Stellar MLS

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 $1,097 $81,547 -- --
2023 $3,734 $205,835 $150,000 $55,835
2022 $4,484 $190,804 $0 $0
2021 $3,396 $173,458 $55,000 $118,458
2020 $3,265 $164,606 $45,000 $119,606
2019 $3,283 $175,480 $45,000 $130,480
2018 $3,143 $177,014 $0 $177,014
2017 $2,326 $148,495 $0 $148,495
2016 $2,440 $119,389 $0 $119,389
2015 $2,338 $110,099 $0 $110,099
2014 $2,115 $108,870 $0 $108,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3154792

Stellar MLS

APN: 07-37-25-0283-00C0-0010

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