Seller's Agent in 2021
Katey Bourgeois
Bourgeois Real Estate Group, Inc.
(772) 215-4560
11 in this area
89 Total Sales
1438 SW Rustic Ln Palm City, FL 34990
Estimated Value: $553,000 - $827,000
3
Beds
2.5
Baths
1,623
Sq Ft
$435/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Boat Dock
- Concrete Pool
- Bessey Creek Elementary School Rated A-
- Home fronts a seawall
- RV Access or Parking
About This Home
As of April 2021Your Palm City waterfront home awaits! Ocean access! Updated kitchen, AC, storm rated windows, pool equipment, flooring, water treatment system, recently refreshed wood on the dock, and fresh paint. Private location with just 12 waterfront homes on this street, easy access to I-95 and Florida’s Turnpike. Double French door entry, open kitchen with island seating and serve-through window overlooking the pool, spa, and dock, stainless steel appliances, recessed lighting, peaceful waterfront views, large covered and screened patio, pool with heated spa. Spacious laundry center with lots of storage, and half bath. Real wood and laminate flooring, new ceiling fans. Fenced yard. Lush landscaping with high pines, bougainvillea, palm trees, and bamboo for privacy. Private dock with boat lift, electricity, and water. Virtual and in-person tours available by request.
Last Agent to Sell the Property
Bourgeois Real Estate Group, Inc. License #3244452 Listed on: 01/25/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,841
Year Built
- Built in 1976
Lot Details
- 0.28 Acre Lot
- Home fronts a seawall
- Home fronts navigable water
- Cul-De-Sac
- Fenced
- Interior Lot
- Irregular Lot
HOA Fees
- $23 Monthly HOA Fees
Home Design
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,623 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Entrance Foyer
- Combination Dining and Living Room
- Screened Porch
- Canal Views
Kitchen
- Eat-In Kitchen
- Cooktop
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Stacked Bedrooms
- Walk-In Closet
- Dual Sinks
- Separate Shower
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
- Fire and Smoke Detector
Parking
- 2 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
- 1 to 5 Parking Spaces
Pool
- Concrete Pool
- Heated In Ground Pool
- Spa
Outdoor Features
- Property has ocean access
- Fixed Bridges
- Canal Access
- Deck
- Patio
Schools
- Bessey Creek Elementary School
- Hidden Oaks Middle School
- Martin County High School
Utilities
- Central Heating and Cooling System
- Well
- Water Heater
- Water Softener
- Septic Tank
Community Details
Recreation
- Boat Dock
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 18, 2025
Sold by
Melendez Patricia S
Bought by
Melendez Family Trust and Melendez
Current Estimated Value
Purchase Details
Listed on
Jan 25, 2021
Closed on
Apr 23, 2021
Sold by
Paxson Arid
Bought by
Melendez Patricia S
Seller's Agent
Katey Bourgeois
Bourgeois Real Estate Group, Inc.
List Price
$560,000
Sold Price
$565,500
Premium/Discount to List
$5,500
0.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$440,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 12, 2013
Closed on
Feb 6, 2014
Sold by
Cyr Thomas and Cyr Miley
Bought by
Paxson Ariel
Seller's Agent
Lynn Pinkerton
RE/MAX of Stuart - Palm City
Buyer's Agent
Katey Bourgeois
Bourgeois Real Estate Group, Inc.
List Price
$355,900
Sold Price
$310,000
Premium/Discount to List
-$45,900
-12.9%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Purchase Details
Closed on
Apr 12, 2010
Sold by
Stuart Plastics Inc
Bought by
Cyr Thomas and Cyr Miley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 21, 2009
Sold by
Collins Lani P and Collins Gunnar
Bought by
Stuart Plastics Inc
Purchase Details
Closed on
Mar 29, 2007
Sold by
Colins Lani P and Collins Gunnar
Bought by
Collins Lani P
Purchase Details
Closed on
May 4, 2006
Sold by
Czajkowski Michael and Czajkowski Robin M
Bought by
Jayne Lani P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 28, 2003
Sold by
Wickham Douglas L and Wickham Susan A
Bought by
Czajkowski Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 15, 1995
Sold by
Lebish Rubin and Lebish Rubin
Bought by
Wickham Douglas L and Wickham Susan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.39%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Melendez Family Trust | $100 | None Listed On Document | |
| Melendez Family Trust | $100 | None Listed On Document | |
| Melendez Patricia S | $565,000 | Attorney | |
| Paxson Ariel | $310,000 | Advantage Title Of The Treas | |
| Cyr Thomas | $285,000 | Attorney | |
| Stuart Plastics Inc | $150,000 | Attorney | |
| Collins Lani P | -- | Attorney | |
| Jayne Lani P | $555,000 | Attorney | |
| Czajkowski Michael | $450,000 | -- | |
| Wickham Douglas L | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Melendez Patricia S | $440,000 | |
| Previous Owner | Cyr Thomas | $150,000 | |
| Previous Owner | Jayne Lani P | $455,000 | |
| Previous Owner | Czajkowski Michael | $200,000 | |
| Previous Owner | Wickham Douglas L | $95,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/23/2021 04/23/21 | Sold | $565,500 | +1.0% | $348 / Sq Ft | |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- | |
| 01/25/2021 01/25/21 | For Sale | $560,000 | +80.6% | $345 / Sq Ft | |
| 02/06/2014 02/06/14 | Sold | $310,000 | -12.9% | $154 / Sq Ft | View Prior Sale |
| 01/07/2014 01/07/14 | Pending | -- | -- | -- | |
| 04/11/2013 04/11/13 | For Sale | $355,900 | -- | $177 / Sq Ft |
Source: Martin County REALTORS® of the Treasure Coast
Tax History Compared to Growth
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 | $8,322 | $535,709 | -- | -- |
| 2024 | $8,175 | $520,612 | -- | -- |
| 2023 | $8,175 | $505,449 | $0 | $0 |
| 2022 | $8,180 | $508,166 | $0 | $0 |
| 2021 | $4,949 | $304,309 | $0 | $0 |
| 2020 | $4,841 | $300,108 | $0 | $0 |
| 2019 | $4,781 | $293,361 | $0 | $0 |
| 2018 | $4,660 | $287,892 | $0 | $0 |
| 2017 | $4,081 | $281,971 | $0 | $0 |
| 2016 | $4,321 | $276,171 | $0 | $0 |
| 2015 | $4,002 | $274,250 | $154,000 | $120,250 |
| 2014 | $4,002 | $248,880 | $137,500 | $111,380 |
Source: Public Records
Agents Affiliated with this Home
-
Katey Bourgeois
-
L
Seller's Agent in 2014
Lynn Pinkerton
RE/MAX
Map
Source: Martin County REALTORS® of the Treasure Coast
MLS Number: M20027559
APN: 12-38-40-001-000-01080-1
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.
All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.
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