NOT LISTED FOR SALE

2999 SW Cornell Ave Palm City, FL 34990

Estimated Value: $632,000 - $1,048,000

3 Beds
2 Baths
1,645 Sq Ft
$536/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $970,000 $590 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $5,244/month

7 Days on Market

Highlights

  • Property has ocean access
  • Boat Dock
  • RV Access or Parking
  • Palm City Elementary School Rated A-
  • Home fronts navigable water
  • River View

About This Home

As of February 2024

Stunning sunrises, abundant wildlife and ocean access with no fixed bridges are yours with this waterfront home on the St. Lucie River in Old Palm City. The half-acre lot fronts nearly 100 feet on the wide river and comes with a deeded, 100-foot dock on deep water. Concrete block construction with three bedrooms, two baths and a one-car garage. Metal roof, renovated kitchen and bathrooms, new ceramic tile floors and new 3-ton AC. Gorgeous views of the river and protected mangrove island are visible from master bedroom, kitchen, living room and screened porch. No HOA or deed restrictions. Restaurants, parks, grocery stores and downtown nightlife in Stuart just minutes away. I-95 and the Florida Turnpike, too. Watch the Fourth of July fireworks from area towns from your dock. Boaters, this is your chance to own a piece of paradise without breaking the bank. Drop anchor and claim your treasure!

Last Agent to Sell the Property

Sharon Wernlund

Coldwell Banker Realty Brokerage Phone: 772-286-1300 License #3215940 Listed on: 01/04/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,551

Year Built

  • Built in 1969

Lot Details

  • 0.55 Acre Lot
  • Home fronts navigable water
  • Corner Lot
  • Fruit Trees

Home Design

  • Aluminum Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,645 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Shutters
  • Combination Dining and Living Room
  • Screened Porch
  • Ceramic Tile Flooring
  • River Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Hurricane or Storm Shutters

Parking

  • 1 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Property has ocean access
  • River Access
  • Mangrove Front
  • Patio

Utilities

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

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,551

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Directions: From Stuart, take Monterey Road over the Palm City Bridge and make immediate left on Cornell Avenue. Home is at the corner of 30th Street and Cornell Avenue.
  • Garage Yn: Yes
  • Lot Size Acres: 0.55
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 1
  • Subdivision Name: Palm City Amd
  • Year Built: 1969
  • Year Built Details: Resale
  • Ownership: Fee Simple
  • Attribution Contact: 772-286-1300
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Built-in Features, Primary Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Living Area: 1645.0
  • Stories: 1
  • Window Features: Shutters

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Fruit Trees, Patio, Storm/Security Shutters
  • Lot Features: Corner Lot
  • Patio And Porch Features: Open, Patio, Porch, Screened
  • Pool Private: No
  • Property Condition: Resale
  • Roof: Aluminum
  • View: River
  • View: Yes
  • Waterfront Features: Deep Water, Mangrove, Navigable Water, No Fixed Bridges, Ocean Access, River Access, Water Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Boat, Circular Driveway, Garage, RV Access/Parking
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Closed Circuit Camera(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection, Water Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Community Features: Dock
  • Pets Allowed: Number Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6551.0
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Feb 14, 2024
Sold by
Castro Carlos and Castro Maria
Bought by
Miranda Carmen M and Miranda Edda
Seller's Agent
Sharon Wernlund
Coldwell Banker Realty
List Price
$985,000
Sold Price
$970,000
Premium/Discount to List
-$15,000
-1.52%
Views
38
Current Estimated Value
$882,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$87,580
Avg. Annual Appreciation
-5.57%
Original Mortgage
$766,000
Interest Rate
6.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Gonzalez Patricia Lynn Price and Gonzalez Andre
Bought by
Castro Carlos and Castro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2002
Sold by
Gonzalez Patricia Lynn P
Bought by
Castro Carlos and Castro Maria

Purchase Details

Closed on
Aug 17, 1995
Sold by
Gonzalez Patricia
Bought by
Gonzalez Patricia Lynn

Purchase Details

Closed on
Jan 23, 1995
Sold by
Price Donald A
Bought by
Price Donald A and Gonzalez Patricia P
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
Miranda Carmen M $970,000 None Listed On Document
Castro Carlos $350,000 Universal Land Title Of The
Castro Carlos -- --
Gonzalez Patricia Lynn -- --
Castro Carlos -- --
Price Donald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miranda Carmen M $766,000
Previous Owner Castro Carlos $248,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2024 02/14/24 Sold $970,000 -1.5% $590 / Sq Ft
01/11/2024 01/11/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $985,000 0.0% $599 / Sq Ft
07/22/2013 07/22/13 Rented $1,850 0.0% --
06/22/2013 06/22/13 Under Contract -- -- --
06/10/2013 06/10/13 For Rent $1,850 -- --
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 $6,952 $625,765 -- --
2024 $6,823 $437,211 -- --
2023 $6,823 $424,477 $0 $0
2022 $6,551 $410,298 $0 $0
2021 $6,577 $398,348 $0 $0
2020 $6,460 $392,849 $0 $0
2019 $6,384 $384,017 $0 $0
2018 $6,208 $375,993 $0 $0
2017 $5,538 $368,260 $303,000 $65,260
2016 $6,563 $368,200 $303,000 $65,200
2015 $5,532 $317,410 $252,000 $65,410
2014 $5,532 $319,460 $252,000 $67,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20042519

Martin County REALTORS® of the Treasure Coast

APN: 17-38-41-001-009-00051-6