NOT LISTED FOR SALE

505 W River Rd Unit 2 Palatka, FL 32177

Estimated Value: $709,446 - $815,000

3 Beds
2 Baths
1,790 Sq Ft
$413/Sq Ft Est. Value

Last Sold May 22, 2023

Last sale price $660,000 $369 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,625/month

3 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Spa
  • Wooded Lot
  • Docks
  • Contemporary Architecture
  • No HOA

About This Home

As of May 2023

Enjoy the good life on the picturesque St. Johns River w/covered boathouse w/water, electric & 12,000 lb. boat lift. Entering this 3.59+/- acre property along the winding driveway, you will be enchanted by the majestic oak trees and awed when it opens to reveal the spacious 3BR/2BA brick home w/metal roof, built by Mike Stanley in 2012 featuring an approx. 50x12 screened porch, with hot tub, overlooking the river. The great room style home provides lovely panoramic river views. The food prep island kitchen offers a side-by-side refrigerator and closet pantry. Underground utilities are a huge bonus. The seller will offer for sale a 2012 John Deere 1026R tractor/front end/boxblade for $10,000.00.

Last Agent to Sell the Property

Margaret Zahner

COLDWELL BANKER BEN BATES INC License #0451001 Listed on: 04/24/2023

COLDWELL BANKER BEN BATES INC

Last Buyer's Agent

Rebecca Williams

COLDWELL BANKER BEN BATES INC License #BK664960

COLDWELL BANKER BEN BATES INC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 105 Feet of Waterfront
  • Home fronts navigable water
  • River Front
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,790 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Screened Porch
  • Laminate Flooring
  • Washer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

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

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Spa
  • Docks
  • Screened Patio

Utilities

  • Central Heating and Cooling System
  • Whole House Permanent Generator
  • Well
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 510927000002200010

Community Details

Overview

  • No Home Owners Association
  • Fleming Grant Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 2012
  • Property Sub Type: Single Family Residence
  • Lot Size: 101x1545x105x1510 (3.5ac)
  • Road Surface Type: Asphalt
  • Subdivision Name: Fleming Grant
  • Architectural Style: Contemporary, Flat
  • Efficiency: Windows
  • General Property Information Living Area2: 1790.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 363.07
  • Cooling Central Air: Yes
  • Cooling:Electric: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Washers: Yes
  • Water Source Well: Yes
  • Electric Whole House Generator: Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Architectural Style Contemporary: Yes
  • Flooring Laminate: Yes
  • General Property Information Water Frontage Feet: 105
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen Island, Pantry, Primary Bathroom - Shower No Tub, Split Bedrooms, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Electric Range, Ice Maker, Microwave, Refrigerator, Washer, Water Softener Owned
  • Spa Features: Private
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Living Area: 1790.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances Dishwasher: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Water Softener-Owned: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Dock
  • Roof: Metal
  • Lot Features: Wooded
  • Pool Features: None
  • Construction Type: Concrete
  • Other Structures: Boat House
  • Patio And Porch Features: Porch, Screened
  • Exterior Features:Dock: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Wooded: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:River Front: Yes
  • Construction Materials:Brick2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other
  • Parking Features:Other10: Yes

Utilities

  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Whole House Generator
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Association Amenities:Laundry: Yes

Lot Info

  • Current Use: Single Family
  • Parcel #: 510927000002200010

Green Features

  • Green Energy Efficient:Windows: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 22, 2023
Sold by
Jerrim Gary A and Jerrim Patricia S
Bought by
Vaughan Douglas J
Seller's Agent
Margaret Zahner
COLDWELL BANKER BEN BATES INC
Buyer's Agent
Rebecca Williams
COLDWELL BANKER BEN BATES INC
List Price
$649,900
Sold Price
$660,000
Premium/Discount to List
$10,100
1.55%
Current Estimated Value
$738,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,612
Avg. Annual Appreciation
4.44%
Original Mortgage
$28,000
Outstanding Balance
$27,140
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$711,472
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vaughan Douglas J $660,000 Guaranty Title
Vaughan Douglas J $660,000 Guaranty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vaughan Douglas J $28,000
Closed Vaughan Douglas J $28,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $660,000 -- --
05/22/2023 05/22/23 Sold $660,000 +1.6% $369 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $649,900 -- $363 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $9,186 $565,810 $243,380 $322,430
2024 $9,283 $595,600 $243,380 $352,220
2023 $7,817 $499,350 $195,920 $303,430
2022 $6,905 $440,370 $184,480 $255,890
2021 $6,239 $363,410 $0 $0
2020 $6,055 $345,880 $0 $0
2019 $3,243 $214,670 $196,120 $18,550
2018 $3,233 $210,670 $197,370 $13,300
2017 $3,220 $204,930 $191,460 $13,470
2016 $3,099 $200,720 $0 $0
2015 $3,105 $199,329 $0 $0
2014 $3,111 $197,747 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Zahner

    Seller's Agent in 2023

    Margaret Zahner

    COLDWELL BANKER BEN BATES INC

    (386) 336-1263

    31 in this area

    81 Total Sales

    Margaret Zahner
    Section Image
  • Rebecca Williams

    Seller Co-Listing Agent in 2023

    Rebecca Williams

    IHEART REALTY INC

    (352) 213-4200

    16 in this area

    58 Total Sales

    Rebecca Williams
    Section Image

  • R

    Buyer's Agent in 2023

    REBECCA CARTER

    CENTURY 21 SHOWCASE PROPERTIES, INC.

See All Agents

Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1223606

realMLS (Northeast Florida Multiple Listing Service)

APN: 51-09-27-0000-0220-0010

Florida Putnam County Palatka 32177

505 W River Rd Unit 2, Palatka, FL

Not Listed for Sale

Detached

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realMLS (Northeast Florida Multiple Listing Service) 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. Data is deemed reliable but is not guaranteed accurate by NEFMLS.

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