NOT LISTED FOR SALE

559 W River Rd Palatka, FL 32177

Estimated Value: $1,429,000 - $4,129,562

14.56 Acres
$167,595 Price per Acre
634,234 Sq Ft Lot

Last Sold May 23, 2016

Last sale price $450,000

Est. 442% increase in value since last sale

Current estimated payment $14,824/month

251 Days on Market

Highlights

  • Ocean Front
  • Wooded Lot
  • No HOA
  • 14.56 Acre Lot

About This Lot

As of May 2016

14.5 ACRES OF BEAUTIFUL WATERFRONT with 300+ ft on the water. High and dry with the best view on the St Johns River. Located on a point with a high bluff and deep water, the panoramic view is absolutely breath taking. Mature trees throughout the property and plenty of privacy. This is a one of kind property on the St Johns River, come take a look and you will not be disappointed.
Listing includes two parcels: 51-09-27-1402-0000-0020 and 51-09-27-1402-0000-0030

Last Agent to Sell the Property

TAYLOR DOUGLAS

ROLAND PACETTI REALTY, INC Listed on: 09/03/2015

Last Buyer's Agent

ROBERTA JACOBS

WATSON REALTY CORP License #3151361

Property Details

Property Type

  • Land

Lot Details

  • 14.56 Acre Lot
  • Ocean Front
  • Home fronts navigable water
  • River Front
  • Wooded Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 510927140200000020

Property Details

Property Type

Land

Lot Details

14.56 Acres

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Lot Size Acres: 14.56
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes & Bounds
  • General Property Information Waterfront YN: Yes
  • General Property Information Lot Size Acres: 14.56
  • Special Features: None

Exterior Features

  • Waterfront: Yes
  • Lot Features: Wooded
  • Lot Features:Wooded: Yes
  • Waterfront Features:Navigable Water: Yes
  • Waterfront Features:Ocean Front: Yes
  • Waterfront Features:River Front: Yes

Utilities

  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Current Use: Residential, Single Family
  • Lot Size Sq Ft: 634233.6
  • Parcel #: 510927140200000020
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2015
Closed on
May 23, 2016
Sold by
Misenheimer Keith E and Misenheimer Maria C
Bought by
Warwick Brian E and Warwick Julia H
Seller's Agent
TAYLOR DOUGLAS
ROLAND PACETTI REALTY, INC
Buyer's Agent
ROBERTA JACOBS
WATSON REALTY CORP
List Price
$850,000
Sold Price
$450,000
Premium/Discount to List
-$400,000
-47.06%
Current Estimated Value
$2,440,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,990,187
Avg. Annual Appreciation
18.79%
Original Mortgage
$250,000
Interest Rate
3.58%
Mortgage Type
Balloon

Purchase Details

Closed on
May 1, 2002
Sold by
R Bank Partners
Bought by
Misenheimer Keith E and Misenheimer Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,656
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Warwick Brian E $450,000 Guaranty Title Co Of Palatka
Misenheimer Keith E $220,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Warwick Brian E $250,000
Previous Owner Misenheimer Keith E $179,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $450,000 -- --
05/23/2016 05/23/16 Sold $450,000 -47.1% --
05/11/2016 05/11/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $850,000 -- --
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $25,521 $1,544,460 -- --
2023 $23,303 $1,457,230 $0 $0
2022 $22,209 $1,414,790 $0 $0
2021 $21,573 $1,345,920 $0 $0
2020 $9,010 $529,900 $0 $0
2019 $8,905 $529,900 $529,900 $0
2018 $4,509 $263,620 $263,620 $0
2017 $4,366 $247,820 $247,820 $0
2016 $3,736 $216,220 $0 $0
2015 -- $216,484 $0 $0
2014 -- $216,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 790840

realMLS (Northeast Florida Multiple Listing Service)

APN: 51-09-27-1402-0000-0020

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