NOT LISTED FOR SALE

587 Palace Dr St. Augustine, FL 32084

North Augustine Neighborhood

Estimated Value: $405,954 - $507,000

2 Beds
2 Baths
1,798 Sq Ft
$250/Sq Ft Est. Value

Last Sold November 04, 2022

Last sale price $420,000 $234 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,612/month

About This Home

As of November 2022

Welcome to Freedom at San Salito, our newest active adult neighborhood offered by Freedom Homes, a D.R. Horton company. Freedom communities offer a low stress, low maintenance lifestyle in great locations. Features include a gated entrance, amenity center and Lifestyle Director to help meet neighbors and make new friends! Homes are single story, thoughtfully designed and feature covered lanais to enhance your Florida lifestyle.

Community amenities include a swimming pool and bocce ball courts with covered spectator area. San Salito is close to the beach, golf courses, fantastic shopping, dining, music and entertainment!

One year of Freedom section HOA fees paid!!

55 and over community-fees include lawn mainten

Last Agent to Sell the Property

COMP AGENT

Comp Office-Sold Listed on: 10/01/2022

Last Buyer's Agent

Luke Newcomer

The Newcomer Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 2021

Lot Details

  • Lot Dimensions are 50x100

HOA Fees

  • $251 Monthly HOA Fees

Interior Spaces

  • 1,798 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 073324-0570

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 2021

Lot Details

0

HOA Fees

$251 per month

Listing Details

  • Association Maintenance Fee: 753
  • Class: Residential
  • Closing Price Per Sq Ft: 233.59
  • Hoa Term: Quarterly
  • HOA: Yes
  • Legal Description: 85/13-20 NORTHRIDGE LAKES UNIT 5 LOT 57 OR5222/228
  • Lvt Date: 11/11/2022
  • Personal Property: Ceiling Fans
  • Style: Single Family Home
  • Type Of Property: Single Family Residence
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Bathrooms: 2
  • Bedrooms: 2
  • Entry Level: Ground Level
  • Living Sq Ft: 1798
  • Master Bedroom: On Level: 1
  • Price Per Sq Ft: 233.59

Exterior Features

  • Stories: 1

Lot Info

  • Lot Size: 50x100
  • Zoning: RES
  • Geo Subdivision: FL

Tax Info

  • Assessor Parcel Number: 073324-0570
  • Taxes: 970.22
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Nov 4, 2022
Sold by
Mercier Adilia and Mercier Richard Gerald
Bought by
Schaffer Carolyn and Schaffer Michael
Seller's Agent
COMP AGENT
Comp Office-Sold
Buyer's Agent
Luke Newcomer
The Newcomer Group
List Price
$439,000
Sold Price
$420,000
Premium/Discount to List
-$19,000
-4.33%
Current Estimated Value
$448,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,739
Avg. Annual Appreciation
2.12%
Original Mortgage
$275,000
Outstanding Balance
$266,075
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$182,664

Purchase Details

Listed on
Oct 1, 2020
Closed on
Mar 29, 2021
Sold by
D R Horton Inc Jacksonville
Bought by
Mercier Richard Gerald and Mercier Adilia
Seller's Agent
Charlie Rogers
D R HORTON REALTY INC
Buyer's Agent
IDRIS RAHIMI
HERRON REAL ESTATE LLC
List Price
$301,000
Sold Price
$304,990
Premium/Discount to List
$3,990
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.14%
Original Mortgage
$243,992
Interest Rate
2.73%
Mortgage Type
New Conventional
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
Schaffer Carolyn $420,000 --
Mercier Richard Gerald $304,990 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schaffer Carolyn $275,000
Previous Owner Mercier Richard Gerald $243,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2023 12/17/23 Off Market $304,990 -- --
12/17/2023 12/17/23 Off Market $420,000 -- --
11/04/2022 11/04/22 Sold $420,000 0.0% $234 / Sq Ft View Prior Sale
11/04/2022 11/04/22 Sold $420,000 -4.3% $234 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $439,000 0.0% $244 / Sq Ft
09/09/2022 09/09/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $439,000 +43.9% $244 / Sq Ft
03/29/2021 03/29/21 Sold $304,990 +1.3% $170 / Sq Ft View Prior Sale
01/27/2021 01/27/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $301,000 -- $167 / Sq Ft
Source: St. Augustine and St. Johns County Board of REALTORS®

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 $254 $259,426 -- --
2024 $254 $252,115 -- --
2023 $254 $244,772 $0 $0
2022 $3,086 $261,028 $0 $0
2021 $970 $56,000 $0 $0
2020 $725 $56,000 $0 $0
2019 $673 $48,000 $0 $0
2018 $638 $45,000 $0 $0
2017 $0 $12,172 $12,172 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    TAYLOR ALLEN

    MOMENTUM REALTY

  • C

    Seller's Agent in 2022

    COMP AGENT

    Comp Office-Sold

  • I

    Seller Co-Listing Agent in 2022

    IDRIS RAHIMI

    MOMENTUM REALTY

  • Luke Newcomer

    Buyer's Agent in 2022

    Luke Newcomer

    THE NEWCOMER GROUP

    (917) 294-6616

    79 in this area

    1,373 Total Sales

    Luke Newcomer
    Section Image

  • C

    Seller's Agent in 2021

    Charlie Rogers

    D R HORTON REALTY INC

    (904) 445-1004

    91 in this area

    9,239 Total Sales

    Charlie Rogers
    Section Image
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Map

Source: St. Augustine and St. Johns County Board of REALTORS®

MLS Number: 228373

St. Augustine and St. Johns County Board of REALTORS®

APN: 073324-0570

Florida St. Johns County Saint Augustine 32084 North Augustine

587 Palace Dr, Saint Augustine, FL

Not Listed for Sale

Detached

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