NOT LISTED FOR SALE

1430 SW Covered Bridge Rd Palm City, FL 34990

Estimated Value: $907,000 - $1,406,000

4 Beds
6 Baths
2,300 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $174,000 $76 Per Sq Ft

Est. 565% increase in value since last sale

Current estimated payment $6,823/month

502 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Canal View
  • Bessey Creek Elementary School Rated A-
  • Home fronts navigable water
  • Wood Flooring

About This Home

As of July 2013

Ocean access a ''Must See'' home. Lovely Palm City neighborhood in Rustic Hills subdivision, near covered bridge and lots of water. Sit out and enjoy morning coffee or an evening glass of wine on your charming multi-level screened-in porch Updated kitchen and bathrooms. Invite friends (or even your mother-in-law) to stay in their own guest suite insuring lots of privacy for both them and you. Also, screened-in porch on lower level leads out to backyard where you can walk to the dock and board your 25' boat!! No fixed bridges. Located on Bessey creek. This house is sure to lower your blood pressure!!!

Last Agent to Sell the Property

Joanne Matthy

RE/MAX Masterpiece Realty License #3134110 Listed on: 01/26/2012

Co-Listed By

Patricia Stegmaier

RE/MAX Masterpiece Realty License #3202735

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1972

Lot Details

  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Property is zoned R-2b

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Blinds
  • French Doors
  • Great Room
  • Den
  • Screened Porch
  • Canal Views

Kitchen

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

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Stacked Bedrooms
  • In-Law or Guest Suite

Parking

  • Over 1 Space Per Unit
  • Circular Driveway

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 123840001000002204

Community Details

Overview

  • Rustic Hills Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 1972

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Monterey Rd to High Meadows North to roundabout and take 2nd exit
  • Year Built: 1972
  • Architectural Style: Ranch
  • Year Built Details: Resale
  • Special Features: 12

Interior Features

  • Interior Amenities: Eat-in Kitchen, French Door(s)/Atrium Door(s), Pantry, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Wood
  • Living Area: 2300.0
  • Dining Room Type: Den, Great Room, In-Law Suite
  • Stories: 2
  • Window Features: Blinds, Drapes

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Canal
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Patio, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, Two or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 16.0
  • Community Features: Boat Facilities
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 123840001000002204
  • Zoning Description: R-2b

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2250.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 28, 2021
Sold by
Breakey Zachary G and Breakey Jacquelyn Victoria
Bought by
Gadd Brenda Lee
Current Estimated Value
$1,157,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Outstanding Balance
$496,075
Interest Rate
3%
Mortgage Type
Construction
Estimated Equity
$661,238

Purchase Details

Closed on
Aug 1, 2017
Sold by
Wagner Patricia and Wehr Patricia
Bought by
Breakey Zachary G

Home Financials for this Owner

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

Purchase Details

Listed on
Jan 26, 2012
Closed on
Jul 12, 2013
Sold by
Green Linda
Bought by
Wehr Patricia
Seller's Agent
Joanne Matthy
RE/MAX Masterpiece Realty
List Price
$175,000
Sold Price
$174,000
Premium/Discount to List
-$1,000
-0.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.65%
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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $548,250
Previous Owner Breakey Zachary G $305,860
Previous Owner Wehr Patricia $99,000
Previous Owner Green Linda $259,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $174,000 -0.6% $76 / Sq Ft
06/12/2013 06/12/13 Pending -- -- --
01/26/2012 01/26/12 For Sale $175,000 -- $76 / 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

  • J

    Seller's Agent in 2013

    Joanne Matthy

    RE/MAX Masterpiece Realty

  • P

    Seller Co-Listing Agent in 2013

    Patricia Stegmaier

    RE/MAX Masterpiece Realty

See All Agents

Map

Source: BeachesMLS

MLS Number: R3255175

BeachesMLS

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

Florida Martin County Palm City 34990

1430 SW Covered Bridge Rd, Palm City, FL

This home is located at 1430 SW Covered Bridge Rd, Palm City, FL 34990 since 26 January 2012 and is currently estimated at $1,157,313, approximately $503 per square foot. This property was built in 1972. 1430 SW Covered Bridge Rd 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.

Nearby Homes