NOT LISTED FOR SALE

1399 SW Albatross Way Palm City, FL 34990

Estimated Value: $1,038,000 - $1,365,000

0.26 Acre
$4,939,075 Price per Acre
11,108 Sq Ft Lot

Last Sold March 31, 2016

Last sale price $175,000

Est. 620% increase in value since last sale

Current estimated payment $7,598/month

124 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Cul-De-Sac
  • Bessey Creek Elementary School Rated A-
  • Canal View
  • Paved or Partially Paved Lot

About This Lot

As of March 2016

Quiet Cul De Sac location, with 101 feet of water frontage! Dock plans, Engineering, and soil tests are already done, so you will be able get started quickly build your waterfront home. Lighthouse Point offers deer water ocean access, with no fixed bridges. There is a community park on the river, with a boat ramp.

Last Agent to Sell the Property

James Weix, PA

The Keyes Company - Stuart License #3018507 Listed on: 10/28/2015

Last Buyer's Agent

James Hatch

Harbour Ridge Realty License #0478720

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,292

Lot Details

  • Waterfront
  • Property fronts a county road
  • Cul-De-Sac
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed

Property Views

  • Canal Views

Listing and Financial Details

  • Assessor Parcel Number 063841012000009703

Community Details

Overview

  • Lighthouse Point Subdivision

Recreation

  • Canal Access

Property Details

Property Type

Land

Est. Annual Taxes

$3,292

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: MAPP ROAD TO DYER POINT RD
  • Special Features: None

Exterior Features

  • View: Canal
  • Lot Features: Cul-De-Sac, < 1/4 Acre
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Boat Ramp/Lift Access, Canal Access
  • Waterfront: Yes
  • Direction Faces: South

Lot Info

  • Parcel #: 063841012000009703
  • Development Status: Site Plan Filed
  • Zoning Description: RES

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2015
Closed on
Mar 31, 2016
Sold by
Simmons Gary R and Donna J Simmons Revocable Trus
Bought by
Hatch John and Hatch Courtney
Seller's Agent
James Weix, PA
The Keyes Company - Stuart
Buyer's Agent
James Hatch
Harbour Ridge Realty
List Price
$215,000
Sold Price
$175,000
Premium/Discount to List
-$40,000
-18.6%
Current Estimated Value
$1,259,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,084,464
Avg. Annual Appreciation
23.49%
Original Mortgage
$413,200
Interest Rate
3.62%

Purchase Details

Closed on
Sep 4, 2014
Sold by
Multiple Owners
Bought by
Hatch John and Hatch Courtney

Purchase Details

Closed on
Mar 20, 2013
Sold by
Simmons Donna J
Bought by
Simmons Donna J and The Donna J Simmons Revocable
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
Hatch John $175,000 Attorney
Hatch John $100 --
Simmons Donna J -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatch John $413,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2016 03/31/16 Sold $175,000 -18.6% --
03/01/2016 03/01/16 Pending -- -- --
10/28/2015 10/28/15 For Sale $215,000 -- --
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 $11,040 $705,883 -- --
2024 $10,682 $685,990 -- --
2023 $10,682 $655,597 $0 $0
2022 $10,148 $626,440 $0 $0
2021 $9,727 $580,399 $0 $0
2020 $9,594 $572,386 $0 $0
2019 $9,485 $559,517 $0 $0
2018 $9,078 $539,330 $228,000 $311,330
2017 $2,702 $160,000 $160,000 $0
2016 $2,992 $176,000 $176,000 $0
2015 -- $192,500 $192,500 $0
2014 -- $192,500 $192,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10179732

BeachesMLS

APN: 06-38-41-012-000-00970-3