NOT LISTED FOR SALE

1427 SW Peninsula Ln Palm City, FL 34990

Estimated Value: $507,000 - $749,000

3 Beds
2 Baths
1,820 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 09, 2017

Last sale price $295,000 $162 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $3,653/month

116 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Waterfront
  • Bessey Creek Elementary School Rated A-
  • River View
  • Deck

About This Home

As of November 2017

Don't miss your opportunity to live on the water! This 3 bedroom, 2 bath, open floor plan is handicap accessible and sits on almost a third of an acre. Enjoy using your private dock with only a 1/2 mile to inlet from Bessy Creek. Call today and don't miss out on this charming Martin county area!

Last Agent to Sell the Property

Jolaine Austin

Greenergy Realty, LLC License #3139225 Listed on: 06/15/2017

Last Buyer's Agent

Jolaine Austin

Greenergy Realty, LLC License #3139225 Listed on: 06/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $292

Year Built

  • Built in 1974

Lot Details

  • Waterfront
  • Sprinkler System

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Family Room
  • Screened Porch
  • River Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Property has ocean access
  • Deck
  • Shed

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1238400010000099020000

Community Details

Overview

  • Rustic Hills Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$292

Year Built

Built in 1974

Lot Details

0

HOA Fees

$20 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Mapp Rd to Peninsula Ln. House on right
  • Year Built: 1974
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Pantry
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Concrete, Tile
  • Living Area: 1820.0
  • Dining Room Type: Family Room
  • Stories: 1
  • Window Features: Blinds, Drapes, Plantation Shutters

Exterior Features

  • Exterior Features: Deck, Enclosed Porch, Shed
  • View: River
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Other Structures: Shed(s)
  • Patio And Porch Features: Deck, Porch, Screened
  • 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)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 20.0
  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 1238400010000099020000
  • Zoning Description: res

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 292.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Smykay Paul David & Bethany Martin
Bought by
Paul And Bethany Smykay Revocable Trust and Smykay
Current Estimated Value
$635,569

Purchase Details

Closed on
Oct 30, 2020
Sold by
Gruitza William and Gruitza Shayda Mirza
Bought by
Smykay Paul D and Smykay Bethany M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Gruitza William and Gruitza Shayda
Bought by
Gruitza William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2017
Closed on
Oct 24, 2017
Sold by
Camastos Dorothy J and Camastos Jerome M
Bought by
Gruitza William and Gruitza Michael
Seller's Agent
Jolaine Austin
Greenergy Realty, LLC
Buyer's Agent
Jolaine Austin
Greenergy Realty, LLC
List Price
$334,999
Sold Price
$295,000
Premium/Discount to List
-$39,999
-11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.11%
Original Mortgage
$289,656
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2016
Sold by
Camastos Dorothy J
Bought by
Camastos Dorothy J and Dome Vicki

Purchase Details

Closed on
Sep 1, 1972
Bought by
Camastos Dorothy
Source: Public Records

Range of Values:

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Average Value
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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
Paul And Bethany Smykay Revocable Trust $100 None Listed On Document
Smykay Paul D $400,000 Attorney
Gruitza William -- Attorney
Gruitza William $295,000 Independence Title Ins Agenc
Camastos Dorothy J -- None Available
Camastos Dorothy $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smykay Paul D $140,000
Previous Owner Gruitza William $296,000
Previous Owner Gruitza William $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2017 11/09/17 Sold $295,000 -11.9% $162 / Sq Ft
10/10/2017 10/10/17 Pending -- -- --
06/15/2017 06/15/17 For Sale $334,999 -- $184 / 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 $3,601 $240,086 -- --
2024 $3,518 $233,320 -- --
2023 $3,518 $226,525 $0 $0
2022 $3,160 $206,533 $0 $0
2021 $3,153 $200,518 $0 $0
2020 $3,935 $248,170 $0 $0
2019 $3,884 $242,590 $165,000 $77,590
2018 $4,507 $238,920 $160,000 $78,920
2017 $304 $161,185 $0 $0
2016 $304 $157,870 $0 $0
2015 $288 $156,773 $0 $0
2014 $288 $155,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jolaine Austin

    Seller's Agent in 2017

    Jolaine Austin

    Greenergy Realty, LLC

    (772) 215-2413

    5 in this area

    46 Total Sales

    Jolaine Austin
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Map

Source: BeachesMLS

MLS Number: R10342988

BeachesMLS

APN: 12-38-40-001-000-00990-2

Florida Martin County Palm City 34990

1427 SW Peninsula Ln, Palm City, FL

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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