NOT LISTED FOR SALE

3459 SW Cornell Ave Palm City, FL 34990

Estimated Value: $600,000 - $776,000

2 Beds
8 Baths
3,600 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 21, 2012

Last sale price $232,650 $65 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $4,145/month

130 Days on Market

Highlights

  • Garden View
  • Central Heating and Cooling System
  • Carpet
  • Palm City Elementary School Rated A-

About This Home

As of December 2012

EXCELLENT VALUE FOR THIS FOUR UNIT ATTACHED TOWNHOME BUILDNG. EACH UNIT CONSISTS OF TWO BEDROOMS & ONE AND ONE HALF BATHS. PARKING LOT IS ADJACENT & INCLUDED. UNITS ARE IN NEED OF COMPLETION OF PRIOR REFURBISHMENT EFFORTS AND ARE PRICED TO REFLECT This is a Fannie Mae HomePath property.Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. Please Allow 15 Days on Market for Second Home Buyers or Investor Offers. Buyers to Pay State Stamp Tax on the Deed. Room Sizes are Approximate. It is strongly encouraged that an Offer includes Proof of Funds (if Cash offer), or Pre-Approval (if Financing) and is a Requirement for Final Acceptance.

Last Agent to Sell the Property

Erin Poger

EKP Realty, LLC License #328777 Listed on: 07/13/2012

Last Buyer's Agent

Erin Poger

EKP Realty, LLC License #328777 Listed on: 07/13/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,664

Year Built

  • Built in 1986

Lot Details

  • 0.35

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Single Hung Metal Windows
  • Carpet
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $36,000
  • Rent includes electricity, cable TV, water
  • Assessor Parcel Number 173841001026001500

Community Details

Overview

  • 4 Units
  • Palm City Amd Subdivision

Building Details

  • Operating Expense $15,000
  • Net Operating Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,664

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Mapp Road to East on 35th St to Cornell Avenue
  • Year Built: 1986
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Carpet
  • Living Area: 3600.0
  • Window Features: Metal, Single Hung

Exterior Features

  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV, Water
  • Senior Community: No

Lot Info

  • Parcel #: 173841001026001500
  • Zoning Description: R-4

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 21000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 15000.0
  • Total Actual Rent: 36000.0

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2012
Closed on
Dec 19, 2012
Sold by
Fannie Mae
Bought by
Martin County
Seller's Agent
Erin Poger
EKP Realty, LLC
Buyer's Agent
Erin Poger
EKP Realty, LLC
List Price
$239,900
Sold Price
$232,650
Premium/Discount to List
-$7,250
-3.02%
Current Estimated Value
$659,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,683
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Jul 12, 2012
Sold by
Toro Rafael J and Toro Ana E
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 7, 2006
Sold by
Japheth Enterprises Llc
Bought by
Toro Rafael J and Toro Ana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2005
Sold by
Marasco Louis F
Bought by
Japheth Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2001
Sold by
Filipe Brasilino and Filipe Lucille Rose
Bought by
Marasco Louis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,950
Interest Rate
6.57%
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
Martin County $232,700 Attorney
Federal National Mortgage Association $367,600 Attorney
Toro Rafael J $515,000 First American Title Ins Co
Japheth Enterprises Llc $440,000 Universal Land Title Inc
Marasco Louis F $207,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Toro Rafael J $390,000
Previous Owner Japheth Enterprises Llc $330,000
Previous Owner Marasco Louis F $165,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2012 12/21/12 Sold $232,650 -3.0% $65 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $239,900 -- $67 / 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 -- $560,456 -- --
2024 -- $509,506 -- --
2023 -- $463,188 -- --
2022 $0 $421,080 $0 $0
2021 $0 $382,800 $0 $0
2020 $0 $348,000 $125,000 $223,000
2019 $0 $316,800 $115,000 $201,800
2018 $0 $336,000 $95,000 $241,000
2017 $0 $310,800 $95,000 $215,800
2016 $0 $255,300 $85,000 $170,300
2015 -- $234,600 $80,000 $154,600
2014 -- $210,000 $55,000 $155,000
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Erin Poger

    EKP Realty, LLC

    (772) 219-2702

    1 in this area

    11 Total Sales

    Erin Poger
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R3295516

BeachesMLS

APN: 17-38-41-001-026-00150-0

Florida Martin County Palm City 34990

3459 SW Cornell Ave, Palm City, FL

This home is located at 3459 SW Cornell Ave, Palm City, FL 34990 since 13 July 2012 and is currently estimated at $659,333, approximately $183 per square foot. This property was built in 1986. 3459 SW Cornell Ave is a home located in Martin County with nearby schools including Palm City 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