$640,000
SOLD JAN 11, 2022

40 S Riverwalk Dr Palm Coast, FL 32137

3 Beds
2 Baths
2,363 Sq Ft
9,000 Sq Ft Lot

Recently Sold

$271 Per Sq Ft

20 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Covered patio or porch
  • Old Kings Elementary School Rated A-
  • Community Pool
  • Walk-In Closet

About This Home

As of July 2025

Directly across the street from the ICW in the beautiful gated community of Palm Coast Plantation. This custom-built home is a rare find in our low inventory of homes. Better than building as you do not have to wait. Meticulously maintained and lived in only 6 months out of the year. This home has 3 bedrooms with an office, 2 baths, a 3 car garage, and is loaded with upgrades. Some upgrades are the chauffer ceilings, a gas fireplace and built-in shelves in the family room that has a pocket slider that leads into the fully screened-in lanai that leads out to your private wooded back yard. Kitchen offers granite countertops, stainless steel GE appliances, a Butler's pantry and loads of storage in 2 additional pantries. This home has so much more to offer. Take Action Today and book your private tour. Must be pre-approved or proof of funds to preview. Community offers RV & boat storage, Olympic pool, spa, fitness room, clubhouse, pickleball/tennis courts, play yard, sidewalks.

Last Agent to Sell the Property

Mari Parks

TAKE ACTION PROPERTIES, LLC License #3118245 Listed on: 11/11/2021

Last Buyer's Agent

Reciprocal FCAR

License #970002565

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,967

Year Built

  • Built in 2006

Lot Details

  • 9,000 Sq Ft Lot
  • Northeast Facing Home
  • Property is zoned PUD

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,363 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Blinds

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 2711314890000000640

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include 24-hour guard
  • Palm Coast Plantation Association, Phone Number (386) 439-0791
  • Built by Howell
  • Palm Coast Plantation Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,967

Year Built

Built in 2006

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2363
  • Lot Size Acres: 0.21
  • Year Built: 2006
  • Lot Size Sq Ft: 9000
  • Directions to Property: From Florida Park Dr N, Take Colbert Ln, go to Plantation Blvd. Turn into Palm Coast Plantation, take Emerald Lake Dr to S Riverwalk Dr.
  • Status: Sold
  • Street Post Direction: S
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Property Manager: Vesta Property Services
  • Property Manager Phone: 386-439-0791
  • Ratio: Close Price\List Price: 1.00016
  • Price per Sq Ft: 270.84
  • Close to Original List Price Ratio: 1.00016
  • View: No
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 40
  • Room Count: 12
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northeast
  • Roof: Shingle
  • Road Frontage Type: None
  • Patio and Porch Features: Covered, Patio, Porch, Rear Porch, Screened

Garage/Parking

  • Garage Spaces: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Clubhouse, Fitness Center, Pool
  • Association Fee: 520
  • Association Name: Palm Coast Plantation
  • Phone: 386-439-0791
  • Association: Yes
  • Senior Community: No
  • Complex Community Name NCCB: PALM COAST PLANTATION

Lot Info

  • Zoning: PUD
  • Parcel Number: 2711314890000000640
  • Price Per Acre: 3047619
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Howell

Tax Info

  • Tax Annual Amount: 2967.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Jan 7, 2022
Sold by
Spinelli Nicholas M and Wedemeyer Kathy
Bought by
Kalb Karl H and Guo Zhongyun
Seller's Agent
Mari Parks
TAKE ACTION PROPERTIES, LLC
Buyer's Agent
Reciprocal FCAR
List Price
$639,900
Sold Price
$640,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.04%
Original Mortgage
$390,000
Outstanding Balance
$362,832
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$232,191

Purchase Details

Closed on
May 9, 2004
Sold by
Safos Dionisios and Safos Michele A
Bought by
Spinelli Nicholas M and Spinelli Kathy Wedemeyer

Purchase Details

Closed on
Sep 23, 2003
Sold by
Fl Waterway Prop Ii L L C
Bought by
Nassr Edmund and Nassr Falcone Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,892
Interest Rate
6.16%

Purchase Details

Closed on
Apr 22, 2003
Sold by
Fl Waterway Prop Ii L L C
Bought by
Safos Dionisios and Safos Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,592
Interest Rate
5.6%

Purchase Details

Closed on
Jun 27, 2002
Sold by
Wilson Robert H and Wilson Shirley D
Bought by
Fl Waterway Prop L L C

Purchase Details

Closed on
Aug 16, 2001
Sold by
Fl Waterway Prop L L C
Bought by
Wilson Robert H and Wilson Shirley D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.02%
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 Type Sale Price Title Company
Warranty Deed $640,000 Convenant Closing & Title Serv
Warranty Deed $154,000 --
Warranty Deed $339,900 --
Warranty Deed $92,900 --
Warranty Deed $74,900 --
Warranty Deed $74,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $305,892 No Value Available
Previous Owner $83,592 No Value Available
Previous Owner $60,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $589,000 -1.8% $249 / Sq Ft
06/14/2025 06/14/25 Pending -- -- --
03/21/2025 03/21/25 Price Changed $599,900 -6.3% $254 / Sq Ft
02/21/2025 02/21/25 Price Changed $640,000 -4.9% $271 / Sq Ft
12/30/2024 12/30/24 Price Changed $673,000 -3.6% $285 / Sq Ft
11/05/2024 11/05/24 For Sale $698,000 +9.1% $295 / Sq Ft
01/11/2022 01/11/22 Sold $640,000 0.0% $271 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $639,900 -- $271 / Sq Ft
Source: Stellar MLS

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 $6,514 $480,948 -- --
2023 $6,514 $466,940 $105,500 $361,440
2022 $6,650 $440,419 $90,000 $350,419
2021 $2,967 $223,828 $0 $0
2020 $2,963 $220,738 $0 $0
2019 $2,930 $215,775 $0 $0
2018 $2,934 $211,752 $0 $0
2017 $2,900 $207,397 $0 $0
2016 $2,866 $203,131 $0 $0
2015 $2,873 $201,719 $0 $0
2014 $2,895 $200,118 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC272519

Stellar MLS

APN: 27-11-31-4890-00000-0640