NOT LISTED FOR SALE

1388 SW Peninsula Ln Unit Lane Palm City, FL 34990

Estimated Value: $588,000 - $763,000

3 Beds
2 Baths
1,638 Sq Ft
$421/Sq Ft Est. Value

Last Sold January 31, 2017

Last sale price $395,000 $241 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,488/month

139 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Deck
  • Bessey Creek Elementary School Rated A-
  • Canal View
  • 2 Car Attached Garage

About This Home

As of January 2017

Totally remodeled 3/2 in scenic Rustic Hills. High elevation offers panoramic view from your back porch. Rare find for ocean access in Palm City with extremely low HOA's. New Bamboo wood floors, new carpet, new Frigidaire appliances, remodeled kitchen, updated bath, fresh paint, move in ready. 50' dock and 6,000 lbs boat lift. **Brand New High Efficiency, 16 Sheer AC **

Last Agent to Sell the Property

Kristina Roman

Premier Realty Group Inc License #3178406 Listed on: 08/14/2016

Last Buyer's Agent

Kristina Roman

Premier Realty Group Inc License #3178406 Listed on: 08/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,078

Year Built

  • Built in 1998

Lot Details

  • 0.26 Acre Lot
  • Home fronts navigable water
  • South Facing Home

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Florida or Dining Combination
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Screen Enclosure
  • Property has ocean access
  • Deck

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Tank

Community Details

  • Rustic Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 123840001000009403

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,078

Year Built

Built in 1998

Lot Details

0

HOA Fees

$17 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Murphy Road to Peninsula Lane. House at end of street.
  • Year Built: 1998
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1638.0
  • Dining Room Type: Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Deck
  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Screen Enclosure
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Frame, Other
  • Direction Faces: South
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 17.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 123840001000009403
  • Current Use: Farm
  • Lot Size Sq Ft: 11238.0
  • Zoning Description: Resident
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3078.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 17, 2021
Sold by
Habermehi Mark C and Habermehi Jenah
Bought by
Hutto William Steven and Lynn Tessa Mary
Current Estimated Value
$689,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,500
Outstanding Balance
$491,989
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$197,691

Purchase Details

Listed on
Aug 14, 2016
Closed on
Jan 31, 2017
Sold by
Scalise Anthony J and Scalise Diane M
Bought by
Habermehl Mark C and Habermehl Jenah
Seller's Agent
Kristina Roman
Premier Realty Group Inc
Buyer's Agent
Kristina Roman
Premier Realty Group Inc
List Price
$399,900
Sold Price
$395,000
Premium/Discount to List
-$4,900
-1.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.58%
Original Mortgage
$395,000
Interest Rate
4.3%
Mortgage Type
VA

Purchase Details

Closed on
May 8, 1998
Sold by
Horvath Stephen J and Horvath Elsie M
Bought by
Scalise Anthony J and Scalise Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 1978
Bought by
Scalise Anthony J and Scalise Diane M
Source: Public Records

Range of Values:

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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
Hutto William Steven $570,000 Attorney
Habermehl Mark C $395,000 Attorney
Scalise Anthony J $41,000 --
Scalise Anthony J $17,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutto William Steven $541,500
Previous Owner Habermehl Mark C $395,000
Previous Owner Scalise Anthony J $48,000
Previous Owner Scalise Anthony J $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2017 01/31/17 Sold $395,000 -1.2% $241 / Sq Ft
01/01/2017 01/01/17 Pending -- -- --
08/14/2016 08/14/16 For Sale $399,900 -- $244 / Sq Ft
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 $10,244 $620,550 $300,000 $320,550
2024 $9,713 $580,848 -- --
2023 $9,713 $528,044 $0 $0
2022 $8,394 $480,040 $261,380 $218,660
2021 $5,716 $353,640 $0 $0
2020 $5,603 $348,758 $0 $0
2019 $5,533 $340,917 $0 $0
2018 $5,393 $334,560 $160,000 $174,560
2017 $5,309 $314,430 $160,000 $154,430
2016 $3,065 $202,271 $0 $0
2015 $2,909 $200,864 $0 $0
2014 $2,909 $199,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kristina Roman

    Seller's Agent in 2017

    Kristina Roman

    Premier Realty Group Inc

    (561) 317-9048

    15 in this area

    40 Total Sales

    Kristina Roman
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Map

Source: BeachesMLS

MLS Number: R10259002

BeachesMLS

APN: 12-38-40-001-000-00940-3

Florida Martin County Palm City 34990

1388 SW Peninsula Ln Unit Lane, Palm City, FL

This home is located at 1388 SW Peninsula Ln Unit Lane, Palm City, FL 34990 since 14 August 2016 and is currently estimated at $689,680, approximately $421 per square foot. This property was built in 1998. 1388 SW Peninsula Ln Unit Lane is a home located in Martin County with nearby schools including Bessey Creek 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.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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