$207,000
SOLD SEP 16, 2020

59 Rivers Edge Ln Palm Coast, FL 32137

2 Beds
2 Baths
1,020 Sq Ft
$421/mo HOA Fee

Recently Sold

$203 Per Sq Ft

6% Below List Price

26 Days on Market

Highlights

  • Marina
  • Property fronts an intracoastal waterway
  • Fishing
  • Old Kings Elementary School Rated A-
  • Gunite Pool
  • Gated Community

About This Home

As of February 2022

SPECTACULAR VIEW OF INTRACOASTAL WATERWAY AND GRAND CANAL! IMAGINE LOUNGING ON YOUR SCREENED LANAI ONLY FEET FROM THE WATERS EDGE, WATCHING DOLPHIN, MANATEE, AND A CONTINUOUS PARADE OF BOATS. THIS UNIT HAS VIEWS OF YACHT HARBOR, PALM COAST RESORT AND PALM COAST MARINA AND ONLY 5 MINUTES FROM PALM HARBOR GOLF CLUB. EUROPEAN VILLAGE, WITH UNIQUE SHOPS AND RESTAURANTS, IS NEARBY AS WELL AS ST. JOE WALKING TRAIL ON THE BANKS OF ICW. MARINA COVE IS A GATED COMMUNITY WITH ITS OWN MARINA. DOCKS CAN ACCOMMODATE BOATS UP TO 35 FEET AND ARE AVAILABLE FOR LEASE OR PURCHASE.

THIS A 2 BEDROOM AND 2 BATH HOME AND IS ON THE GROUND FLOOR WITH NO STEPS AND EASY ACCESS. THE MASTER BEDROOM HAS INCREDIBLE WATER VIEWS AND SLIDERS WHICH OPEN TO SCREENED LANAI. THE MASTER BATH FEATURES A TILE SHOWER AND JETTED TUB. THE LIVING/DINING ROOM HAS A WONDERFUL WATER VIEW, ALSO WITH SLIDERS OPENING TO LANAI. A BAR AND PASS-THROUGH FROM KITCHEN TO DINING AREA MAKES SERVING GUESTS SIMPLE. KITCHEN FEATURES MATCHING STAINLESS STEEL APPLIANCES. JUST OFF KITCHEN IS A SMALL BREAKFAST AREA AND LOUVERED DOORS WHICH OPEN TO WASHER AND DRYER AREA. A BRAND-NEW AIR CONDITIONING SYSTEM WAS JUST INSTALLED JULY, 2020 AND WARRANTY IS TRANSFERABLE TO NEW OWNER. BEAUTIFUL NEUTRAL TILE FLOORS THROUGHOUT THE CONDO. ASSIGNED PARKING JUST OUTSIDE ENTRY WAY. HOA FEE INCLUDES BUILDING INSURANCE, ALL LANDSCAPING, RESERVES, WATER, SEWER, TRASH COLLECTION, AND GATE SECURITY. AMENITIES INCLUDE POOL, CLUBHOUSE, TENNIS AND PICKLE BALL COURTS AND A PUTTING GREEN. THERE IS A BEAUTIFUL PARK WITH MANY MOSS DRAPED ANCIENT OAK TREES, SIDEWALKS BESIDE WATERWAYS, BENCHES AND A GAZEBO, ALL WITH INCREDIBLE VIEWS!

DONT MISS THIS OPPORTUNITY TO OWN THIS WELL MAINTAINED PROPERTY WITH ONE OF THE BEST WATER VIEWS IN PALM COAST!

Last Agent to Sell the Property

Peggy Johnson

FLAMINGO REALTY OF ORLANDO License #173920 Listed on: 07/19/2020

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,644

Year Built

  • Built in 1989

Lot Details

  • Property fronts an intracoastal waterway
  • Property fronts a saltwater canal
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Condo Land Included

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • Assigned Parking

Property Views

  • Intracoastal
  • Canal

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,020 Sq Ft Home
  • 3-Story Property
  • Blinds
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Inside Utility
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Outdoor Features

  • Gunite Pool
  • Access To Intracoastal Waterway
  • Access To Marina
  • Property is near a marina
  • Access to Saltwater Canal
  • Enclosed patio or porch
  • Exterior Lighting
  • Gazebo
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, recreational facilities, sewer, trash, water
  • May Management/Claudine Polsenberg Association, Phone Number (386) 446-0085
  • Mid-Rise Condominium
  • Marina Cove Subdivision
  • On-Site Maintenance
  • Rental Restrictions

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Marina
  • Tennis Courts
  • Pickleball Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets up to 100 lbs
  • 1 Pet Allowed

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,644

Year Built

Built in 1989

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1020
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1020
  • Lot Size Sq Ft: 1020
  • Directions to Property: EAST ON PALM COAST PARKWAY. TURN RIGHT ON PALM HARBOR PARKWAY. ENTRANCE TO MARINA COVE IS ON RIGHT JUST AFTER BRIDGE.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5878420?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5878420?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 1
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Mid Rise
  • Call Center Phone Number: 407-701-6388
  • Ratio: Close Price\List Price: 0.94134
  • Price per Sq Ft: 202.94
  • Close to Original List Price Ratio: 0.94134
  • Ratio: Current Price\Building Area Total: 202.94
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 3
  • Window Features: Blinds
  • Street Number Modifier: 59
  • Room Count: 7
  • Additional Rooms: Great Room, Inside Utility, Storage Rooms

Exterior Features

  • Direction Faces: North
  • Other Structures: Gazebo
  • Pool Features: Gunite
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Rain Gutters, Sidewalk, Sliding Doors, Storage, Tennis Court(s)
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Enclosed, Screened
  • Road Surface Type: Paved
  • Water View: Canal, Intracoastal Waterway
  • Water Access: Canal - Saltwater, Intracoastal Waterway, Marina
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12035C0129
  • Waterfront Frontage: 2
  • Water Frontage Feet I C W: 1
  • Additional Water Information: WATERFRONT FOOTAGE IS COMMON SPACE AND NOT ASSOCIATED WITH INDIVIDUAL UNITS.
  • Water Frontage Feet Canal Salt: 1
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Clubhouse, Elevator(s), Gated, Maintenance, Marina, Pickleball Court(s), Pool, Tennis Court(s)
  • Association Fee: 421
  • Association Fee Frequency: Monthly
  • Association Name: MAY MANAGEMENT/CLAUDINE POLSENBERG
  • Phone: 386-446-0085
  • Association: Yes
  • Security: Fire Alarm, Gated Community, Security Gate, Security Lights
  • Senior Community: No
  • Association Email: MAY MANAGEMENT/CPOLSENBERG@MAYRESORT.COM
  • Condo Land Included Y N: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 5052
  • Monthly HOA Fee: 421
  • Total Monthly Fees: 421

Lot Info

  • Zoning: 000400
  • Parcel Number: 0511314075001300590
  • Additional Parcels: No
  • Lot Features: Near Marina
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2018-06-06
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 6 Months
  • Num Timesper Year: 1
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: MINIMUM LEASE 6 MONTHS. ONE RENTAL TERM PER CALENDAR YEAR

Tax Info

  • Tax Annual Amount: 1644
  • Tax Block: 4075
  • Tax Book Number: 1833/1407
  • Tax Lot: 0590

Multi Family

  • Waterfront Features: Canal - Saltwater, Intracoastal Waterway

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Feb 10, 2022
Sold by
Jennie Trombetta Trust
Bought by
Sluzewski Norbert and Wong Grace
Seller's Agent
NON MLS
NON MLS (realMLS)
Buyer's Agent
DJ DellaSala
DJ & LINDSEY REAL ESTATE
List Price
$270,000
Sold Price
$270,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.88%

Purchase Details

Listed on
Jul 19, 2020
Closed on
Sep 15, 2020
Sold by
Conner James A and Conner Dianne
Bought by
Trombetta Jennie and Jenme Tmmbetta Trust
Seller's Agent
Peggy Johnson
FLAMINGO REALTY OF ORLANDO
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$219,900
Sold Price
$207,000
Premium/Discount to List
-$12,900
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.90%
Original Mortgage
$155,250
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2012
Sold by
Bank Of New York
Bought by
Conner James A and Conner Dianne

Purchase Details

Closed on
Sep 12, 2011
Sold by
Mathis Julie and Mathis Julie
Bought by
Bank Of New York

Purchase Details

Closed on
Nov 29, 2005
Sold by
Hagler Matthew
Bought by
Mathis Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 16, 2003
Sold by
Brooks Michael W and Brokks Maria Ann
Bought by
Hagler Matthew and Mathis Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2001
Sold by
Gurses Metin and Gurses Hatice
Bought by
Brooks Michael W and Brooks Marka Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,814
Interest Rate
7.01%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $270,000 Blue Ocean Title
Warranty Deed $207,000 Coast Title Ins Agcy Inc
Warranty Deed $207,000 Coast Title
Special Warranty Deed $82,950 Dba Commerce Title Company
Trustee Deed -- None Available
Quit Claim Deed -- --
Warranty Deed $160,000 --
Warranty Deed $136,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $155,250 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $202,500 New Conventional
Previous Owner $128,000 Purchase Money Mortgage
Previous Owner $12,000 Credit Line Revolving
Previous Owner $110,814 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $269,000 -3.6% $264 / Sq Ft
06/24/2025 06/24/25 For Sale $279,000 +3.3% $274 / Sq Ft
12/17/2023 12/17/23 Off Market $270,000 -- --
02/15/2022 02/15/22 For Sale $270,000 0.0% $265 / Sq Ft
02/10/2022 02/10/22 Sold $270,000 +30.4% $265 / Sq Ft
01/19/2022 01/19/22 Pending -- -- --
09/16/2020 09/16/20 Sold $207,000 -5.9% $203 / Sq Ft
08/12/2020 08/12/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $219,900 +165.1% $216 / Sq Ft
05/09/2012 05/09/12 Sold $82,950 -20.2% $81 / Sq Ft
05/08/2012 05/08/12 Pending -- -- --
11/07/2011 11/07/11 For Sale $104,000 -- $102 / Sq Ft
Source: Stellar MLS

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 $3,047 $207,145 -- $207,145
2023 $3,047 $207,145 $0 $207,145
2022 $1,094 $134,734 $0 $0
2021 $1,055 $130,810 $0 $130,810
2020 $2,513 $127,000 $0 $127,000
2019 $1,695 $127,000 $0 $127,000
2018 $2,298 $115,500 $0 $115,500
2017 $2,067 $101,400 $0 $0
2016 $2,067 $101,400 $0 $0
2015 $1,984 $96,600 $0 $0
2014 $1,896 $96,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5878420

Stellar MLS

APN: 05-11-31-4075-00130-0590