NOT LISTED FOR SALE

3986 SW Rivers End Way Palm City, FL 34990

Estimated Value: $1,247,000 - $1,408,000

6 Beds
5.5 Baths
5,752 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 13, 2024

Last sale price $1,250,000 $217 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $8,585/month

192 Days on Market

Highlights

  • Home Theater
  • Heated Spa
  • Waterfront
  • Bessey Creek Elementary School Rated A-
  • Gated Community
  • 27,093 Sq Ft lot

About This Home

As of May 2024

Discover this rare, custom estate home on a canal with multi-dimensional living space that includes a separate 600 sq ft bonus room PLUS a detached 2-bedroom GUEST HOME. Privately situated on over one-half acre of land, this versatile home offers endless opportunities for entertainment and separation of living space. The main home is a palatial 4,915 sq ft of living with 4 bedrooms plus den, 4.5 baths, loft and separate staircase that leads to the spacious bonus room. The layout of this custom home provides inside living privacy with the first level hosting the owner's suite plus a den. The 2-staircase second level has a cozy loft and 3 bedrooms/2 baths on one side and a separate stairwell and entrance on the other side to the massive 600 sq ft bonus room - Perfect for a movie theater,

Last Listed By

Darla Solomon

Paradise Real Estate Intl License #3220183 Listed on: 10/13/2023

Paradise Real Estate Intl

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,050

Year Built

  • Built in 1999

Lot Details

  • 0.62 Acre Lot
  • Waterfront
  • Fenced
  • Sprinkler System

HOA Fees

  • $135 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Canal
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 5,752 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Loft
  • Pull Down Stairs to Attic
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Spa
  • In Ground Spa
  • Saltwater Pool

Outdoor Features

  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 013840014000002603

Community Details

Overview

  • Association fees include common areas, security
  • Windstone Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,050

Year Built

Built in 1999

Lot Details

0

HOA Fees

$135 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Martin Downs, turn north on High Meadows Ave. At round-about, turn left on Murphy Rd. Community is on the left.
  • Year Built: 1999
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Bidet, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Jetted Tub, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Walk-In Closet(s), Loft
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: Heated, In Ground
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Tile
  • Living Area: 5752.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Laundry, Loft, Media Room, Recreation
  • Stories: 2
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Porch
  • View: Canal, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Wrap Around
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 135.0
  • Community Features: Gated, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 013840014000002603
  • Lot Size: .621 acres
  • Lot Size Sq Ft: 27093.0
  • Zoning Description: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11050.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2023
Closed on
May 13, 2024
Sold by
Fonash Ryan and Punch Nicholas
Bought by
Brady John
Seller's Agent
Darla Solomon
Paradise Real Estate Intl
Buyer's Agent
Tanya Neville
Realty One Group Engage
List Price
$1,680,888
Sold Price
$1,250,000
Premium/Discount to List
-$430,888
-25.63%
Total Days on Market
192
Views
79
Current Estimated Value
$1,345,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,832
Avg. Annual Appreciation
7.51%
Original Mortgage
$750,000
Outstanding Balance
$742,750
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$603,082

Purchase Details

Listed on
Nov 1, 2018
Closed on
May 10, 2019
Sold by
Schoettle Michael and Schoettle Tara
Bought by
Punch Nicholas and Fonash Ryan
Seller's Agent
Erin Duke-Warren
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Darla Solomon
Paradise Real Estate Intl
List Price
$799,000
Sold Price
$750,000
Premium/Discount to List
-$49,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Original Mortgage
$750,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 1, 2015
Closed on
Jan 27, 2016
Sold by
Pedersen Karen M
Bought by
Schoettle Michael and Schoettle Tara
Seller's Agent
Joseph Sabato
Keller Williams Realty Of The Treasure Coast
Buyer's Agent
Bobbe Miller
Inactive member
List Price
$724,000
Sold Price
$627,500
Premium/Discount to List
-$96,500
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Pedersen Robert W and Pedersen Karen M
Bought by
Pedersen Robert W and Pedersen Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 1993
Bought by
Schoettle Michael and Schoettle Tara

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
Brady John $1,250,000 None Listed On Document
Punch Nicholas $750,000 Attorney
Schoettle Michael $627,500 Attorney
Pedersen Robert W $9,700 --
Schoettle Michael $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady John $750,000
Previous Owner Punch Nicholas $220,000
Previous Owner Punch Nicholas $740,000
Previous Owner Punch Nicholas $750,000
Previous Owner Schoettle Michael $240,000
Previous Owner Schoettle Michael $362,000
Previous Owner Pedersen Robert W $235,000
Previous Owner Pedersen Robert W $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Sold $1,250,000 0.0% $217 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/04/2024 04/04/24 Price Changed $1,250,000 -10.6% $217 / Sq Ft
03/26/2024 03/26/24 Price Changed $1,398,000 -3.5% $243 / Sq Ft
03/22/2024 03/22/24 Price Changed $1,448,000 -3.3% $252 / Sq Ft
01/08/2024 01/08/24 Price Changed $1,498,000 -5.2% $260 / Sq Ft
11/18/2023 11/18/23 Price Changed $1,580,888 -5.9% $275 / Sq Ft
10/20/2023 10/20/23 For Sale $1,680,888 +124.1% $292 / Sq Ft
05/10/2019 05/10/19 Sold $750,000 -6.1% $130 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
11/01/2018 11/01/18 For Sale $799,000 +27.3% $139 / Sq Ft
01/27/2016 01/27/16 Sold $627,500 -13.3% $109 / Sq Ft
12/28/2015 12/28/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $724,000 -- $126 / 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
2024 $11,440 $722,054 -- --
2023 $11,440 $701,024 $0 $0
2022 $11,050 $680,606 $0 $0
2021 $11,119 $660,783 $0 $0
2020 $10,978 $651,660 $200,000 $451,660
2019 $10,776 $632,560 $175,000 $457,560
2018 $10,750 $634,450 $0 $0
2017 $9,053 $576,400 $220,000 $356,400
2016 $7,608 $469,560 $0 $0
2015 -- $466,297 $0 $0
2014 -- $462,596 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10927315

BeachesMLS

APN: 01-38-40-014-000-00260-3