NOT LISTED FOR SALE

2554 SW Conch Cove Ln Palm City, FL 34990

Estimated Value: $431,000 - $502,000

5 Beds
3 Baths
1,975 Sq Ft
$238/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $237,000 $120 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $2,817/month

Highlights

  • Property has ocean access
  • River View
  • Circular Driveway
  • Bessey Creek Elementary School Rated A-
  • Fruit Trees
  • Attached Garage

About This Home

As of March 2019

This home is located at 2554 SW Conch Cove Ln, Palm City, FL 34990 since 23 February 2019 and is currently priced at $469,583. This property was built in 1969. 2554 SW Conch Cove Ln is a home located in Martin County with nearby schools including Bessey Creek Elementary School, Hidden Oaks Middle School, and Martin County High School.

Last Agent to Rent the Property

Francisca Soba

RE/MAX Ultimate Realty License #SL3158461 Listed on: 02/23/2019

RE/MAX Ultimate Realty

Last Renter's Agent

Michelle Salerno

Premier Brokers International License #3416973

Premier Brokers International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,021

Year Built

  • Built in 1969

Lot Details

  • River Front
  • Fruit Trees

Property Views

  • River
  • Canal

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,975 Sq Ft Home
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Circular Driveway

Outdoor Features

  • Property has ocean access
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Cleveland Addn To Palm CI Subdivision

Listing and Financial Details

  • Property Available on 8/15/18
  • Assessor Parcel Number See Records

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,021

Year Built

Built in 1969

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water
  • Available Date: 2018-08-15

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Martin Downs to S/Conch Cove Ln. First/Quick right after the bridge
  • Year Built: 1969
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Living Area: 1975.0
  • Dining Room Type: Laundry

Exterior Features

  • Exterior Features: Fruit Trees, Patio
  • View: Canal, River
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, River Front
  • Waterfront: Yes
  • Disclosures: Owner Is Listing Agent
  • Patio And Porch Features: Patio

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: See Records

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2018
Sold by
Somo Properties Llc
Bought by
Soba Francisca L and Morataya Edgar L
Current Estimated Value
$469,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,750
Outstanding Balance
$315,185
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$154,398

Purchase Details

Listed on
Apr 13, 2018
Closed on
May 16, 2018
Sold by
U S Bank Na
Bought by
Somo Properties Llc
Seller's Agent
Don Poyner
Quantum Realty Associates Inc
Buyer's Agent
Don Poyner
Quantum Realty Associates Inc
List Price
$178,880
Sold Price
$237,000
Premium/Discount to List
$58,120
32.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Feb 12, 2018
Sold by
Whittle Gwen A
Bought by
U S Bank Na

Purchase Details

Closed on
May 17, 1999
Sold by
Mazzilli Mark and Mazzilli S
Bought by
Whittle Gwen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.98%

Purchase Details

Closed on
Mar 17, 1989
Bought by
Whittle Gwen A

Purchase Details

Closed on
Feb 8, 1989
Bought by
Whittle Gwen A
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
Soba Francisca L -- Attorney
Somo Properties Llc $237,000 Servicelink Llc
U S Bank Na $186,000 None Available
Whittle Gwen A $190,000 --
Whittle Gwen A $115,000 --
Whittle Gwen A $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soba Francisca L $357,750
Previous Owner Whittle Gwen A $164,900
Previous Owner Whittle Gwen A $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2019 02/23/19 For Rent $2,200 0.0% --
02/23/2019 02/23/19 Rented $2,200 0.0% --
05/25/2018 05/25/18 Sold $237,000 +32.5% $120 / Sq Ft View Prior Sale
04/25/2018 04/25/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $178,880 -- $91 / 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 $4,021 $266,350 -- --
2024 $3,931 $258,844 -- --
2023 $3,931 $251,305 $0 $0
2022 $3,784 $243,986 $0 $0
2021 $3,782 $236,880 $115,000 $121,880
2020 $3,835 $201,710 $95,000 $106,710
2019 $3,764 $195,220 $85,000 $110,220
2018 $2,156 $145,832 $0 $0
2017 $1,723 $142,832 $0 $0
2016 $1,996 $139,894 $0 $0
2015 $1,892 $138,923 $0 $0
2014 $1,892 $137,820 $81,000 $56,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10507474

BeachesMLS

APN: 17-38-41-010-001-00271-6