NOT LISTED FOR SALE

1430 SW Covered Bridge Dr Palm City, FL 34990

Estimated Value: $1,288,000 - $1,408,000

4 Beds
3 Baths
2,616 Sq Ft
$512/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $655,000 $250 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $7,825/month

43 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Canal View
  • Bessey Creek Elementary School Rated A-
  • Waterfront
  • Fruit Trees

About This Home

As of April 2021

Welcome to your waterfront dream home! This GORGEOUS 4 bedroom, 3 full bathroom + bonus room home situated on a tranquil waterfront lot in Rustic Hills of Palm City boasts a private dock and ocean access with NO FIXED BRIDGES! Featuring a spacious split floor plan with designated spaces for mixed-use living, this home is an entertainer's paradise and a boater's dream. If you have been searching for the perfect Palm City home with upgrades galore -- 1430 SW Covered Bridge is IT. Key upgrades include brand new IMPACT windows and doors, new Hardie Board siding and soffits, a Reverse Osmosis home water system for the entire house installed in 2018, tongue and groove under front, rear, and downstairs porches freshly stained in rich walnut, newly tiled flooring on upper-back porch, {continue}

Last Agent to Sell the Property

Holly Meyer Lucas

Compass Florida, LLC (Jupiter) License #3321238 Listed on: 02/15/2021

Compass Florida, LLC (Jupiter)

Co-Listed By

Caroline Harper

Compass Florida, LLC (Jupiter) License #3200248

Last Buyer's Agent

Gina Mattila

Mega Real Estate Services License #392854

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,998

Year Built

  • Built in 1972

Lot Details

  • 10,323 Sq Ft Lot
  • Waterfront
  • Fenced
  • Fruit Trees
  • Property is zoned R2b

HOA Fees

  • $18 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,616 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Screened Porch
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stacked Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 123840001000002204

Community Details

Overview

  • Rustic Hills Minor Plat O Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,998

Year Built

Built in 1972

Lot Details

0

HOA Fees

$18 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 North to exit 102 Palm City. Take SW High Meadow Ave for 4.5 miles, at the traffic circle stay straight onto SW Covered Bridge Dr. #1430 is on the left before the bridge.
  • Year Built: 1972
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Eat-in Kitchen, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile, Laminate, Wood
  • Living Area: 2616.0
  • Dining Room Type: Family Room, Laundry, Storage Room, Dining Room, Florida Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Fruit Trees, Patio, Room For Pool
  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block, Frame, Wood Siding
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 18.0
  • Community Features: Boat Facilities, Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 123840001000002204
  • Lot Size: .2370
  • Lot Size Sq Ft: 10323.0
  • Zoning Description: R2b
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4998.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 28, 2021
Sold by
Breakey Zachary G and Breakey Jacquelyn Victoria
Bought by
Gadd Brenda Lee
Seller's Agent
Holly Meyer Lucas
Compass Florida, LLC (Jupiter)
Buyer's Agent
Gina Mattila
Mega Real Estate Services
List Price
$695,000
Sold Price
$655,000
Premium/Discount to List
-$40,000
-5.76%
Current Estimated Value
$1,338,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$683,755
Avg. Annual Appreciation
17.68%
Original Mortgage
$548,250
Outstanding Balance
$497,143
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$841,612

Purchase Details

Listed on
Dec 4, 2016
Closed on
Aug 1, 2017
Sold by
Wagner Patricia and Wehr Patricia
Bought by
Breakey Zachary G
Seller's Agent
Sarah Pietkivitch
RE/MAX of Stuart
List Price
$420,000
Sold Price
$334,000
Premium/Discount to List
-$86,000
-20.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.73%
Original Mortgage
$305,860
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 12, 2013
Sold by
Green Linda
Bought by
Wehr Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 4, 2003
Sold by
Knuff Evelyn R
Bought by
Green Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,300
Interest Rate
5.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 1, 1973
Bought by
Wehr Patricia
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
Gadd Brenda Lee $655,000 Advanced Title Solutions
Breakey Zachary G $3,340,000 Trident Titole
Wehr Patricia $174,000 Attorney
Green Linda $273,000 Tropical Land Title Ins Agen
Wehr Patricia $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadd Brenda Lee $109,985
Open Gadd Brenda Lee $548,250
Previous Owner Breakey Zachary G $305,860
Previous Owner Wehr Patricia $99,000
Previous Owner Green Linda $100,000
Previous Owner Green Linda $259,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $655,000 -5.8% $250 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
02/14/2021 02/14/21 For Sale $695,000 +108.1% $266 / Sq Ft
08/04/2017 08/04/17 Sold $334,000 -20.5% $128 / Sq Ft
07/05/2017 07/05/17 Pending -- -- --
12/01/2016 12/01/16 For Sale $420,000 -- $161 / 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 $8,839 $568,031 -- --
2024 $8,684 $552,023 -- --
2023 $8,684 $535,945 $0 $0
2022 $7,936 $493,481 $0 $0
2021 $5,107 $313,431 $0 $0
2020 $3,718 $309,104 $0 $0
2019 $4,937 $302,154 $0 $0
2018 $4,812 $296,520 $136,000 $160,520
2017 $2,450 $185,401 $0 $0
2016 $2,713 $181,588 $0 $0
2015 $2,575 $180,326 $0 $0
2014 $2,575 $178,895 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holly Meyer Lucas

    Seller's Agent in 2021

    Holly Meyer Lucas

    Compass Florida, LLC (Jupiter)

    (561) 406-5228

    16 in this area

    494 Total Sales

    Holly Meyer Lucas
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Caroline Harper

    Compass Florida, LLC (Jupiter)

    (561) 531-4117

    2 in this area

    84 Total Sales

    Caroline Harper
    Section Image
  • Gina Mattila

    Buyer's Agent in 2021

    Gina Mattila

    Mega Real Estate Services

    (561) 251-4994

    1 in this area

    26 Total Sales

    Gina Mattila
    Section Image

  • S

    Seller's Agent in 2017

    Sarah Pietkivitch

    RE/MAX

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10692449

BeachesMLS

APN: 12-38-40-001-000-00220-4

Florida Martin County Palm City 34990

1430 SW Covered Bridge Dr, Palm City, FL

This home is located at 1430 SW Covered Bridge Dr, Palm City, FL 34990 since 15 February 2021 and is currently estimated at $1,338,755, approximately $511 per square foot. This property was built in 1972. 1430 SW Covered Bridge Dr 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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