RENTED JUN 18, 2025

540 Cherry Elm Dr St. Augustine, FL 32092

SilverLeaf Neighborhood

Estimated Value: $363,000 - $446,000

3 Beds
2.5 Baths
1,994 Sq Ft
$202/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $400,568 $201 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,171/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 2 Car Garage
  • Wards Creek Elementary School Rated A

About This Home

As of June 2025

Gorgeous, Move-In Ready New Townhome! Welcome to your ideal home in Cherry Elm, a sought-after community in Silverleaf. This low-maintenance townhome is thoughtfully designed to suit any lifestyle and is ready for immediate occupancy! This townhome offers 3 spacious bedrooms, 2.5 bathrooms, and a two-car garage. Convenient access to County Road 210, State Road 16, St. Johns Parkway, and I-95. Enjoy the very best of Florida living with top-rated schools, and an unbeatable location.

Last Agent to Rent the Property

Elmir Slavic

FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT License #3164928 Listed on: 04/15/2025

FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

Last Renter's Agent

Bob McGinty

RE/MAX ATLANTIC-COMMERCIAL

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2024

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,994 Sq Ft Home
  • 2-Story Property
  • Washer

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Wards Creek Elementary School
  • Pacetti Bay Middle School
  • Tocoi Creek High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Cherry Elm Townhomes Subdivision

Listing and Financial Details

  • Residential Lease
  • Tenant pays for all utilities
  • 12 Months Lease Term
  • Assessor Parcel Number 0279851160

Townhouse Details

Home Type

Townhome

Year Built

Built in 2024

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: All Utilities
  • Lease Term: 12 Months
  • Available Date: 2025-04-15

Listing Details

  • Property Type: Residential Lease
  • Stories: 2
  • Year Built: 2024
  • Property Sub Type: Townhouse
  • Subdivision Name: Cherry Elm Townhomes
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • General Property Information Living Area2: 1994.0
  • General Property Information Waterfront YN: No
  • General Property Information List PriceSqFt2: 1.1
  • Cooling Central Air: Yes
  • Sewer:Public Sewer: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • General Property Information Furnished: Unfurnished
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • General Property Information Stories Total: 2
  • General Property Information Entry Level2: 1.0
  • General Property Information Senior Community YN: No
  • Utilities Natural Gas Connected: Yes
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Special Features: NewHome

Interior Features

  • Major Appliances: Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator, Washer
  • Furnished: Unfurnished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1994.0
  • Appliances Dishwasher: Yes
  • Appliances:Gas Cooktop: Yes

Exterior Features

  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Owner Pays:Association Fees: Yes

Schools

  • Elementary School: Wards Creek
  • High School: Tocoi Creek
  • Middle Or Junior School: Pacetti Bay

Lot Info

  • Parcel #: 0279851160

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2024
Closed on
Jul 26, 2024
Sold by
Dream Finders Homes Llc
Bought by
Faragalla Fady Noshy N
Seller's Agent
Nancy Pruitt
OLYMPUS EXECUTIVE REALTY INC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$419,990
Sold Price
$400,568
Premium/Discount to List
-$19,422
-4.62%
Views
9
Current Estimated Value
$402,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,175
Avg. Annual Appreciation
0.39%
Original Mortgage
$279,196
Outstanding Balance
$276,037
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$126,706

Purchase Details

Closed on
Jan 2, 2024
Sold by
Dfc Silverleaf 29B2 Llc
Bought by
Dream-Finders Homes Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Faragalla Fady Noshy N $400,568 Golden Dog Title
Dream-Finders Homes Llc $822,756 Golden Dog Title & Trust
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faragalla Fady Noshy N $279,196
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2025 06/18/25 Rented $2,195 0.0% --
05/27/2025 05/27/25 Under Contract -- -- --
04/29/2025 04/29/25 Price Changed $2,195 -2.4% $1 / Sq Ft
04/15/2025 04/15/25 For Rent $2,250 0.0% --
07/26/2024 07/26/24 Sold $400,568 -4.6% $201 / Sq Ft View Prior Sale
01/01/2024 01/01/24 Pending -- -- --
01/01/2024 01/01/24 For Sale $419,990 -- $211 / 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 $736 $340,457 $69,000 $271,457
2024 $736 $68,000 $68,000 --
2023 $736 $58,000 $58,000 $0
2022 -- $5,000 $5,000 --
Source: Public Records

Agents Affiliated with this Home

  • Elmir Slavic

    Landlord's Agent in 2025

    Elmir Slavic

    FLORIDA HOMES REALTY & MORTGAGE PROPERTY MANAGEMENT

    (904) 838-3134

    1 in this area

    137 Total Sales

    Elmir Slavic
    Section Image

  • B

    Tenant's Agent in 2025

    Bob McGinty

    RE/MAX ATLANTIC-COMMERCIAL

  • Nancy Pruitt

    Seller's Agent in 2024

    Nancy Pruitt

    OLYMPUS EXECUTIVE REALTY INC

    (352) 552-7574

    1,081 in this area

    5,281 Total Sales

    Nancy Pruitt
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Carlos Batista-Muniz

    ZARIA REALTY GROUP LLC

    (787) 420-3238

    7 in this area

    33 Total Sales

    Carlos Batista-Muniz
    Section Image
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2081980

realMLS (Northeast Florida Multiple Listing Service)

APN: 027985-1160

Florida St. Johns County Saint Augustine 32092 SilverLeaf

540 Cherry Elm Dr, Saint Augustine, FL

Not Listed for Sale

Townhouses

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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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