NOT LISTED FOR SALE

589 W Peniel Rd Palatka, FL 32177

Estimated Value: $311,000 - $340,000

4 Beds
2 Baths
2,128 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $66,675 $31 Per Sq Ft

Est. 381% increase in value since last sale

Current estimated payment $2,029/month

25 Days on Market

Highlights

  • No HOA
  • Breakfast Bar
  • 1-Story Property
  • Front Porch
  • Central Heating and Cooling System

About This Home

As of August 2018

Spacious home is over 2100 square feet with four bedrooms and two baths. Large living area and kitchen with breakfast bar. Lot is very large at 1.64 acres. Small shed and carport. Partially fenced yard. Lots of potential in a great location. Property is behind sold via online auction. Subject to buyers premium.

Last Agent to Sell the Property

Larissa Ricketts

MODERN REALTY OF FLORIDA License #578289 Listed on: 07/06/2018

Last Buyer's Agent

NON MLS

NON MLS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1962

Lot Details

  • 1.64

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 2,128 Sq Ft Home
  • 1-Story Property
  • Breakfast Bar

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 201026000004000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,840

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 1
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Lot Size: 1.64 Acres
  • Road Surface Type: Asphalt
  • Subdivision Name: Metes & Bounds
  • General Property Information Living Area2: 2128.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information Carport Spaces2: 1.0
  • Cooling Central Air: Yes
  • Water Source Well: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2128.0
  • ResoLivingAreaSource: PublicRecords
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Waterfront: No
  • Roof: Shingle
  • Pool Features: None
  • Construction Type: Concrete, Stucco
  • Patio And Porch Features: Front Porch
  • Construction Materials:Concrete: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Carport Spaces: 1.0

Utilities

  • Utilities: Cable Available, Other
  • 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

  • Association Fee Frequency: One Time
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: One Time

Lot Info

  • Current Use: Agricultural
  • Parcel #: 201026000004000020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Lugo Jose D and Lugo Angelica
Bought by
Benitez Isais and Benitez Nancy
Current Estimated Value
$320,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$147,220
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$168,157

Purchase Details

Listed on
Jul 6, 2018
Closed on
Aug 24, 2018
Sold by
Bank Of America Na
Bought by
Cervantes Angelica and Lugo Jose D
Seller's Agent
Larissa Ricketts
MODERN REALTY OF FLORIDA
Buyer's Agent
NON MLS
NON MLS
List Price
$124,500
Sold Price
$66,675
Premium/Discount to List
-$57,825
-46.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.66%

Purchase Details

Closed on
Jan 13, 2018
Sold by
Vermeulen Janice Harsey and Hernandez Carlos
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 27, 2004
Sold by
Vermeulen Janice Hersey
Bought by
Vermeulen Janice Hersey and Hernandez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Hersey William G and Hersey Delores Ann
Bought by
Vermeulen Janice Hersey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,050
Interest Rate
6.89%
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
Benitez Isais $179,000 Gullett Title
Cervantes Angelica $66,675 Landcastle Title Group Llc
Bank Of America Na $211,500 Attorney
Vermeulen Janice Hersey $45,000 Paradise Title West
Vermeulen Janice Hersey $65,000 Gullett Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Isais $164,000
Previous Owner Vermeulen Janice Hersey $200,000
Previous Owner Vermeulen Janice Hersey $42,000
Previous Owner Vermeulen Janice Hersey $109,250
Previous Owner Vermeulen Janice Hersey $90,000
Previous Owner Vermeulen Janice Hersey $63,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2023 12/17/23 Off Market $66,675 -- --
08/29/2018 08/29/18 Sold $66,675 -46.4% $31 / Sq Ft
07/31/2018 07/31/18 Pending -- -- --
07/06/2018 07/06/18 For Sale $124,500 -- $59 / 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 $3,840 $243,050 $32,000 $211,050
2023 $3,601 $232,390 $28,800 $203,590
2022 $3,176 $202,880 $28,800 $174,080
2021 $2,819 $154,990 $0 $0
2020 $2,086 $132,050 $0 $0
2019 $1,941 $114,850 $113,680 $1,170
2018 $1,665 $77,970 $77,120 $850
2017 $1,950 $91,830 $90,980 $850
2016 $1,796 $85,130 $0 $0
2015 $1,821 $85,450 $0 $0
2014 $1,888 $86,987 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 927390

realMLS (Northeast Florida Multiple Listing Service)

APN: 20-10-26-0000-0400-0020