NOT LISTED FOR SALE

1459 SW Covered Bridge Rd Palm City, FL 34990

Estimated Value: $712,125 - $799,000

3 Beds
2 Baths
1,671 Sq Ft
$450/Sq Ft Est. Value

Last Sold July 19, 2018

Last sale price $440,000 $263 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,420/month

9 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • Canal View
  • Bessey Creek Elementary School Rated A-
  • Home fronts navigable water
  • Cathedral Ceiling

About This Home

As of July 2018

Your search ends here! Been waiting for a Palm City waterfront that wasn't built in the 70's or 80's? This is it! Great 3 bedroom, 2 bath CBS split plan with all the features you want! You'll love the freshly painted decorator colors inside & out, metal roof, eat-in granite kitchen, NEW stainless appliances & darker wood-look floors. The open plan with vaulted ceiling includes living, dining & family rooms and a spacious bay window master suite with walk-in closet, granite bath & large tiled shower. Open the family room sliders to the screened/covered lanai overlooking your dock and ready for your boating & fishing adventures! Storm shutters, laundry room, garage work bench & more all just steps from the scenic covered bridge! Rustic Hills in popular Palm City on Florida's Treasure Coast is pet friendly. Nearby...ocean beaches, world class fishing, dozens of golf courses & Martin County schools.

Last Agent to Sell the Property

Donna Banister

RE/MAX of Stuart License #698884 Listed on: 06/11/2018

RE/MAX of Stuart

Last Buyer's Agent

Michelle Hinson

The Keyes Company - Stuart License #BK3220459

The Keyes Company - Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,562

Year Built

  • Built in 1998

Lot Details

  • Home fronts navigable water
  • Property fronts a private road
  • West Facing Home
  • Sprinkler System
  • Landscaped with Trees

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,671 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Bay Window
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views
  • Pull Down Stairs to Attic
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Canal Access
  • Patio

Schools

  • Bessey Creek Elementary School
  • Hidden Oaks Middle School
  • Martin County High School

Utilities

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

Community Details

Overview

  • Association fees include common areas

Recreation

  • Boat Dock
  • Community Boat Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,562

Year Built

Built in 1998

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Architectural Style: Other
  • Directions: Martin Downs Blvd to High Meadow north to roundabout. North on Covered Bridge Rd.
  • Garage Yn: Yes
  • Lot Size: Irr
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 1
  • Subdivision Name: Rustic Hills
  • Year Built: 1998
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dishwasher, Electric Range, Refrigerator, Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Breakfast Bar, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, Jetted Tub, Living/Dining Room, Pantry, Pull Down Attic Stairs, Split Bedrooms, Tub Shower, Walk-In Closet(s)
  • Living Area: 1671.0
  • Stories: 1
  • Window Features: Bay Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: West
  • Exterior Features: Sprinkler/Irrigation, Patio, Storm/Security Shutters
  • Lot Features: Trees, Sprinklers Automatic
  • Patio And Porch Features: Covered, Patio, Screened
  • Pool Private: No
  • Property Condition: Fixer
  • Roof: Metal
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access, Fixed Bridge, Navigable Water, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Trash Collection, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 20.0
  • Association: Yes
  • Community Features: Boat Facilities, Dock
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Common Areas, Other

Schools

  • Elementary School: Bessey Creek
  • High School: Martin County
  • Middle Or Junior School: Hidden Oaks

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5562.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2023
Sold by
Gilmore Ross and Gilmore Teresa
Bought by
Ross Gilmore Revocable Living Trust and Teresa Gilmore Revocable Living Trust
Current Estimated Value
$752,781

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jul 19, 2018
Sold by
Mccaughey Carl and Mccaughey Lori
Bought by
Gilmore Teresa and Gilmore Ross
Seller's Agent
Donna Banister
RE/MAX of Stuart
Buyer's Agent
Michelle Hinson
The Keyes Company - Stuart
List Price
$450,000
Sold Price
$440,000
Premium/Discount to List
-$10,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$413,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2017
Closed on
Oct 2, 2017
Sold by
Covey James P
Bought by
Mccaughey Carl and Mccaughey Lori
Seller's Agent
Donna Banister
MMLS Assoc.-Inactive Member
Buyer's Agent
Donna Banister
RE/MAX of Stuart
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.77%

Purchase Details

Closed on
Dec 17, 2002
Sold by
Sparling Patrick C and Sparling Annette T
Bought by
Sparling Patrick C

Purchase Details

Closed on
Aug 19, 1997
Sold by
Clark Sallie E and Clark Triantafillos
Bought by
Sparling Patrick C and Sparling Annette T

Purchase Details

Closed on
Mar 20, 1995
Sold by
Triantafillos Steve C and Triantafillos Steven C
Bought by
Triantafillos Steven C and Clark Triantafillos Sallie E
Source: Public Records

Range of Values:

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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
Ross Gilmore Revocable Living Trust $100 None Listed On Document
Gilmore Teresa $440,000 Attorney
Mccaughey Carl $325,000 Attorney
Sparling Patrick C -- --
Sparling Patrick C $55,000 --
Triantafillos Steven C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilmore Teresa $413,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2018 07/19/18 Sold $440,000 -2.2% $263 / Sq Ft
06/19/2018 06/19/18 Pending -- -- --
06/10/2018 06/10/18 For Sale $450,000 +38.5% $269 / Sq Ft
10/20/2017 10/20/17 Sold $325,000 0.0% $194 / Sq Ft View Prior Sale
10/20/2017 10/20/17 Sold $325,000 0.0% $194 / Sq Ft View Prior Sale
09/20/2017 09/20/17 Pending -- -- --
09/09/2017 09/09/17 Off Market $325,000 -- --
09/07/2017 09/07/17 Pending -- -- --
08/30/2017 08/30/17 Off Market $325,000 -- --
08/25/2017 08/25/17 Price Changed $325,000 0.0% $194 / Sq Ft
08/25/2017 08/25/17 For Sale $325,000 -21.9% $194 / Sq Ft
08/02/2017 08/02/17 For Sale $416,000 +28.0% $249 / Sq Ft
07/31/2017 07/31/17 Off Market $325,000 -- --
06/19/2017 06/19/17 For Sale $416,000 0.0% $249 / Sq Ft
05/05/2017 05/05/17 For Sale $416,000 -- $249 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $5,419 $353,942 -- --
2024 $5,311 $343,967 -- --
2023 $5,311 $333,949 $0 $0
2022 $4,949 $314,029 $0 $0
2021 $4,959 $304,883 $0 $0
2020 $4,851 $300,674 $0 $0
2019 $4,791 $293,914 $0 $0
2018 $5,778 $311,270 $160,000 $151,270
2017 $5,254 $311,130 $176,000 $135,130
2016 $2,971 $197,251 $0 $0
2015 $2,820 $195,880 $0 $0
2014 $2,820 $194,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20012199

Martin County REALTORS® of the Treasure Coast

APN: 12-38-40-001-000-00820-8