NOT LISTED FOR SALE

47 Rivers Edge Ln Unit 47 Palm Coast, FL 32137

Estimated Value: $408,747 - $511,000

3 Beds
2.5 Baths
1,875 Sq Ft
$633/mo HOA Fee

Last Sold March 25, 2021

Last sale price $410,000 $219 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,530/month

68 Days on Market

Highlights

  • Water Views
  • Boat Dock
  • Clubhouse
  • Old Kings Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of March 2021

WOW !!! MARINA COVE End-Unit Town-home. Gated INTRACOASTAL Community. Located on Salt Water MARINA. 3 Bedrooms PLUS LOFT 2 1/2 Baths. TWO Car garage with utility sink/water. Updated/remodeled with detail throughout - granite counter-tops, stainless steel appliances, pass-through to dining room, bathrooms updated. Lots of closets. See the Marina from the home. Owners suite on first floor has bath with heated floor, large shower. Enclosed Lanai. Amenities include Clubhouse with pool, tennis, meeting room, pool table, barbecue grill. Walk & fish at the Intracoastal Waterway or relax on the PAVILION. Walk to restaurants, shopping, European Village. Golf course five minutes away. 10 minutes to Beach or to the new Island Walk Shopping Center. Near city walking trails and kayak launch. There is a step down walkway and is conveniently located behind unit comes with water and electric. LET'S TALK!!!

Last Agent to Sell the Property

John Rogell

FLORIDA FIRST REAL ESTATE COMP License #384939 Listed on: 12/26/2020

Last Buyer's Agent

John Rogell

FLORIDA FIRST REAL ESTATE COMP License #384939 Listed on: 12/26/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,052

Year Built

  • Built in 1989

Lot Details

  • Property fronts a saltwater canal
  • End Unit

HOA Fees

  • $633 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Split Level Home
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Window Treatments
  • Water Views
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • No Fixed Bridges
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05-11-31-4075-00060-0470

Community Details

Overview

  • Association fees include insurance, maintenance structure, ground maintenance, trash
  • Marina Cove Association
  • Palm Harbor Condos
  • Palm Harbor Subdivision
  • Property managed by May Management

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,052

Year Built

Built in 1989

Lot Details

0

HOA Fees

$633 per month

Parking

2

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary, Mediterranean
  • Construction Materials: Stucco
  • Living Area: 1875
  • Year Built: 1989
  • Directions to Property: Palm Coast Parkway to Palm Harbor Parkway to Marina Cove entrance.
  • Status: Sold
  • Escrow Street Name: 101 Ivy Lane, Suite# 1 Daytona Beach, FL 32114
  • List Office Head Office Key Nume: 579203016
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 218.67
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Stories: 2
  • Street Number Modifier: 47
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 174.19
  • Room Count: 2

Exterior Features

  • Exterior Features: Lighting
  • Roof: Tile
  • View: Water
  • Road Surface Type: Paved
  • Water Extras: Bridges - No Fixed Bridges
  • Water Extras YN: 1
  • Water View YN: 1

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet

Condo/Co-op/Association

  • Association Amenities: Clubhouse, Dock, Gated, Pool, Tennis Court(s), Trail(s)
  • Association Fee: 633
  • Association Fee Frequency: Monthly
  • Association Name: Marina Cove
  • Association: Yes
  • Security: Security Gate
  • Senior Community: No
  • Association 2 YN: 0
  • Complex Community Name Nccb: PALM HARBOR
  • Pet Restrictions: Pet Restrictions-See Remarks
  • Property Manager: May Management
  • Property Manager Phone: 386-446-0085

Lot Info

  • Zoning: MPD
  • Parcel Number: 05-11-31-4075-00060-0470
  • Homestead YN: 0

Tax Info

  • Tax Annual Amount: 4052

Multi Family

  • Waterfront Features: Canal - Saltwater
  • Approval Process: Approval of Tenant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2020
Closed on
Mar 25, 2021
Sold by
Hyman Steven Jones
Bought by
Lahey Thomas E and Lahey Brenda A
Seller's Agent
John Rogell
FLORIDA FIRST REAL ESTATE COMP
Buyer's Agent
John Rogell
FLORIDA FIRST REAL ESTATE COMP
List Price
$395,000
Sold Price
$410,000
Premium/Discount to List
$15,000
3.8%
Total Days on Market
68
Current Estimated Value
$461,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,187
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
Nov 3, 2018
Closed on
Apr 16, 2019
Sold by
Schultz Peter and Schultz Linda
Bought by
Jones Hyman Steven
Seller's Agent
John Rogell
FLORIDA FIRST REAL ESTATE COMP
Buyer's Agent
John Rogell
FLORIDA FIRST REAL ESTATE COMP
List Price
$390,000
Sold Price
$350,000
Premium/Discount to List
-$40,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.50%

Purchase Details

Closed on
Dec 22, 2004
Sold by
Johnston Denzia Lou
Bought by
Schultz Peter D and Schultz Linda L

Purchase Details

Closed on
Jun 4, 2004
Sold by
Johnston Robert and Johnston Denzia Lou
Bought by
Johnston Robert and Johnston Denzia Lou

Purchase Details

Closed on
Jul 25, 2000
Sold by
Houghtaling Clare
Bought by
Johnston Robert and Johnston Denzia Lou
Source: Public Records

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Range of Values:

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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
Lahey Thomas E $410,000 Title Root Llc
Jones Hyman Steven $350,000 Professional Closing Inc
Schultz Peter D $409,900 Intracoastal Title Insurance
Johnston Robert -- --
Johnston Robert $218,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas E Lahey E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2021 03/25/21 Sold $410,000 +3.8% $219 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
12/26/2020 12/26/20 For Sale $395,000 +12.9% $211 / Sq Ft
04/16/2019 04/16/19 Sold $350,000 -10.3% $187 / Sq Ft
03/15/2019 03/15/19 Pending -- -- --
11/02/2018 11/02/18 For Sale $390,000 -- $208 / 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 $5,398 $334,040 -- $334,040
2023 $5,398 $334,040 $0 $334,040
2022 $5,419 $284,774 $0 $284,774
2021 $4,107 $210,944 $0 $210,944
2020 $4,052 $204,800 $0 $204,800
2019 $4,097 $204,800 $0 $204,800
2018 $4,173 $204,800 $0 $204,800
2017 $3,796 $186,200 $0 $0
2016 $3,796 $186,200 $0 $0
2015 $3,644 $177,400 $0 $0
2014 $3,483 $177,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC263544

Stellar MLS

APN: 05-11-31-4075-00060-0470