NOT LISTED FOR SALE

541 Federal Point Rd East Palatka, FL 32131

Estimated Value: $1,473,000 - $1,656,631

5 Beds
4.5 Baths
4,200 Sq Ft
$376/Sq Ft Est. Value

Last Sold April 28, 2022

Last sale price $1,500,000 $357 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,714/month

17 Days on Market

Highlights

  • Docks
  • Spa
  • River View
  • Home fronts navigable water
  • RV Access or Parking
  • Vaulted Ceiling

About This Home

As of April 2022

Incredible St Johns Riverfront Equestrian Estate! This amazing property offers the best of waterfront living with over 300 ft riverfront and 6.5+/- acres. Featuring 4200 sq ft of living space and almost 8000 sq ft under roof, plus a dock, a beautiful salt water pool and spa, and huge screened area; this is an ideal place for entertaining. Finished in a Rustic Industrial style, featuring gorgeous polished concrete floors, soaring wood ceilings, a beautiful metal and wood staircase; this home is truly one-of a-kind. Rooms include Great room with gas fireplace, a spacious kitchen with cooking island, two large living rooms overlooking the river, a private master retreat with luxurious bath, two guest rooms, and office. Also has a 2 car garage with guest suite, barn, pasture, and much more

Last Agent to Sell the Property

SHAUNA CLARK

MOMENTUM REALTY License #3212639 Listed on: 03/10/2022

MOMENTUM REALTY

Last Buyer's Agent

JODI CASELLA

COMPASS FLORIDA LLC License #3285247

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,578

Year Built

  • Built in 2014

Lot Details

  • Home fronts navigable water
  • River Front
  • Back Yard Fenced
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • Additional Parking
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Entrance Foyer
  • Screened Porch
  • Vinyl Flooring
  • River Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Shower Only

Laundry

  • Laundry in Carport
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Spa
  • Docks
  • Patio

Schools

  • Browning Pearce Elementary School
  • Jenkins Middle School
  • Palatka High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 370927000005900000

Community Details

Overview

  • No Home Owners Association
  • Cocifacio Grant Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,578

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 2
  • Year Built: 2014
  • Property Sub Type: Single Family Residence
  • Road Surface Type: Asphalt
  • Subdivision Name: Cocifacio Grant
  • General Property Information Living Area2: 4200.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Water Source Well: Yes
  • Security Features Smoke Detector(s): Yes
  • Interior Features Primary Bathroom - Shower No Tub: Yes
  • Fencing Back Yard: Yes
  • Flooring Vinyl: Yes
  • Laundry Features In Carport: Yes
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Entrance Foyer, In-Law Floorplan, Kitchen Island, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Spa Features: Private
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Vinyl
  • Living Area: 4200.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Tankless Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Gas Water Heater: 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
  • Interior Features:Breakfast Bar: Yes
  • Interior Features:Eat-in Kitchen: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Fireplace Features:Electric2: Yes
  • Appliances:Gas Cooktop: Yes

Exterior Features

  • Waterfront: Yes
  • Exterior: Dock
  • Fencing: Back Yard
  • Roof: Metal
  • Lot Features: Sprinklers In Front, Sprinklers In Rear, Other
  • Pool Features: In Ground
  • View: River
  • Waterfront Features: Navigable Water, River Front
  • Construction Type: Frame, Wood Siding
  • Other Structures: Barn(s), Shed(s), Stable(s), Workshop
  • Patio And Porch Features: Patio, Screened
  • Exterior Features:Dock: Yes
  • Construction Materials:Frame: Yes
  • Construction Materials:Wood Siding: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Screened: Yes
  • View:River: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:River Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Additional Parking, Attached, Circular Driveway, Detached, Garage, Garage Door Opener, RV Access/Parking
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:RV AccessParking: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Circular Driveway: Yes
  • Laundry Features:In Garage: Yes

Utilities

  • Utilities: Cable Available, Propane
  • Laundry Features: Electric Dryer Hookup, In Carport, In Garage, Washer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Central: 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

Schools

  • Elementary School: Browning Pearce
  • High School: Palatka
  • Middle Or Junior School: Jenkins

Lot Info

  • Current Use: Horses, Residential
  • Parcel #: 370927000005900000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 28, 2022
Sold by
Sheeks and Tammy
Bought by
Schaefer Holly Lynn
Seller's Agent
SHAUNA CLARK
MOMENTUM REALTY
Buyer's Agent
JODI CASELLA
COMPASS FLORIDA LLC
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,579,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,544
Avg. Annual Appreciation
0.98%
Original Mortgage
$750,000
Outstanding Balance
$716,693
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$833,741

Purchase Details

Listed on
Jan 25, 2021
Closed on
Apr 1, 2021
Sold by
Bush Mark E and Bush Tina C
Bought by
Sheeks Aaron and Sheeks Tammy
Seller's Agent
Erin Fortner
COLDWELL BANKER BEN BATES INC
Buyer's Agent
SHAUNA CLARK
MOMENTUM REALTY
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.62%
Original Mortgage
$1,003,850
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Listed on
Apr 2, 2012
Closed on
Oct 31, 2012
Sold by
Stuart Kenneth Wayne
Bought by
Bush Mark E and Bush Tina C
Seller's Agent
Erin Fortner
COLDWELL BANKER BEN BATES INC
Buyer's Agent
Erin Fortner
COLDWELL BANKER BEN BATES INC
List Price
$500,000
Sold Price
$300,000
Premium/Discount to List
-$200,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.69%

Purchase Details

Closed on
Mar 29, 2008
Sold by
Stuart Kenneth Wayne
Bought by
Stuart Kenneth Wayne
Source: Public Records

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
Schaefer Holly Lynn $1,500,000 Attorneys Title Services
Sheeks Aaron $1,100,000 Attorney
Bush Mark E $300,000 Palatka Abstract & Title Gua
Stuart Kenneth Wayne -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaefer Holly Lynn $750,000
Previous Owner Sheeks Aaron $1,003,850
Previous Owner Bush Mark E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $1,100,000 -- --
12/17/2023 12/17/23 Off Market $1,500,000 -- --
04/28/2022 04/28/22 Sold $1,500,000 0.0% $357 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $1,500,000 +36.4% $357 / Sq Ft
04/01/2021 04/01/21 Sold $1,100,000 0.0% $262 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $1,100,000 +266.7% $262 / Sq Ft
10/31/2012 10/31/12 Sold $300,000 -40.0% $134 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
07/15/2010 07/15/10 For Sale $500,000 -- $223 / 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
2024 $15,578 $982,890 -- --
2023 $16,430 $1,029,564 $0 $0
2022 $19,793 $1,215,554 $405,990 $809,564
2021 $10,037 $636,060 $0 $0
2020 $10,059 $627,280 $0 $0
2019 $9,940 $613,180 $575,916 $37,264
2018 $9,923 $601,750 $568,036 $33,714
2017 $9,992 $589,380 $555,666 $33,714
2016 $9,606 $577,264 $0 $0
2015 $9,636 $574,661 $0 $0
2014 $4,565 $265,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • SHAUNA CLARK

    Seller's Agent in 2022

    SHAUNA CLARK

    MOMENTUM REALTY

    (904) 525-9010

    2 in this area

    109 Total Sales

    SHAUNA CLARK
    Section Image
  • JODI CASELLA

    Buyer's Agent in 2022

    JODI CASELLA

    COMPASS FLORIDA LLC

    (617) 429-1287

    1 in this area

    48 Total Sales

    JODI CASELLA
    Section Image
  • Erin Fortner

    Seller's Agent in 2021

    Erin Fortner

    COLDWELL BANKER BEN BATES INC

    (386) 937-0054

    11 in this area

    171 Total Sales

    Erin Fortner
    Section Image
  • Marc Spalding

    Seller Co-Listing Agent in 2021

    Marc Spalding

    COLDWELL BANKER BEN BATES INC

    (386) 937-2674

    6 in this area

    100 Total Sales

    Marc Spalding
    Section Image
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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1157623

realMLS (Northeast Florida Multiple Listing Service)

APN: 37-09-27-0000-0590-0000

Florida Putnam County East Palatka 32131

541 Federal Point Rd, East Palatka, FL

This home is located at 541 Federal Point Rd, East Palatka, FL 32131 since 10 March 2022 and is currently estimated at $1,579,544, approximately $376 per square foot. This property was built in 2014. 541 Federal Point Rd is a home located in Putnam County with nearby schools including Browning-Pearce Elementary School and Palatka Jr.-Sr. High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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