NOT LISTED FOR SALE

705 Ocean Palm Way Saint Augustine, FL 32080

Estimated Value: $1,984,616 - $2,350,000

4 Beds
5.5 Baths
4,351 Sq Ft
$483/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,525,000 $350 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $13,280/month

3 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Clubhouse
  • R.B. Hunt Elementary School Rated A
  • Security Service
  • Wood Flooring

About This Home

As of March 2021

Stunning 3 story home located in Sea Colony on Anastasia Island. Tons of space with 5 bedrooms and 5.5 bathrooms to entertain all your friends and family. A chef's kitchen is complete with an oversized island, two sinks, subzero refrigerator, 5 burner gas range, double ovens, and granite countertops. Relax on your spacious back porch with custom designed landscaping and look out over the ocean from your third story tower room. A mother-in-law suite sits on the premises to make hosting a breeze. Beautiful stone floors flow throughout the first floor and wood floors line the second and third stories. A mother-in-law suite houses the fifth bedroom and bath and is separate from the main living house. You can take a two minute walk to one of the 4 beach walkovers and neighborhood clubhouse.

Last Agent to Sell the Property

Elaine Wallace

WATSON REALTY CORP License #3068194 Listed on: 01/12/2021

WATSON REALTY CORP

Last Buyer's Agent

Elaine Wallace

WATSON REALTY CORP License #3068194 Listed on: 01/12/2021

WATSON REALTY CORP

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 60 x 127
  • Irregular Lot
  • Front and Back Yard Sprinklers

HOA Fees

  • $258 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Additional Parking

Home Design

  • Entry on the 3rd floor
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 4,351 Sq Ft Home
  • 3-Story Property
  • Built-In Features
  • Gas Fireplace
  • Entrance Foyer
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • Separate Shower in Primary Bathroom
  • Bathtub With Separate Shower Stall

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Wrap Around Porch
  • Patio

Schools

  • Sebastian Middle School
  • St. Augustine High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1741913080

Community Details

Overview

  • May Management Association, Phone Number (904) 461-9708
  • Sea Colony Subdivision

Recreation

  • Community Beach Access

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 2004

Lot Details

0

HOA Fees

$258 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Attached Yn: No
  • New Construction: No
  • Stories: 3
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Lot Size: 60 X 127
  • Road Surface Type: Asphalt
  • Subdivision Name: Sea Colony
  • Entry Level: 3
  • Smart Home Features:Dishwasher2: Yes
  • General Property Information Living Area2: 4351.0
  • General Property Information Waterfront YN: No
  • General Property Information New Construction YN: No
  • General Property Information List PriceSqFt2: 379.22
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Tile: Yes
  • Flooring Wood: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Security Features Smoke Detector(s): Yes
  • General Property Information Association Phone: 904-461-9708
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Entry Level2: 3.0
  • ViewOcean: Yes
  • Smart Home Features Smoke Detector: Yes
  • General Property Information:Pool Private YN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, In-Law Floorplan, Kitchen Island, Primary Bathroom -Tub with Separate Shower, Walk-In Closet(s)
  • Major Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Concrete, Tile, Wood
  • Living Area: 4351.0
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Gas: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:In-Law Floorplan: Yes

Exterior Features

  • Waterfront: No
  • Exterior: Balcony
  • Roof: Metal
  • Lot Features: Irregular Lot, Sprinklers In Front, Sprinklers In Rear
  • View: Ocean
  • Construction Type: Concrete, Stucco
  • Patio And Porch Features: Covered, Front Porch, Patio, Porch, Wrap Around
  • Exterior Features:Balcony: Yes
  • Construction Materials:Concrete: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Sprinklers in Front: Yes
  • Lot Features:Sprinklers In Rear: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio And Porch Features:Wrap Around: Yes
  • Construction Materials:Stucco: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other, Additional Parking, Detached, Garage
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage: Yes
  • Parking Features:Detached: Yes
  • Parking Features:Additional Parking: Yes
  • Parking Features:Other10: Yes

Utilities

  • Utilities: Cable Connected
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association Fee: 1550.0
  • Association Fee Frequency: Semi-Annually
  • Amenities: Beach Access, Clubhouse, Security
  • Association Name: May Management
  • Phone: 904-461-9708
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1550.0
  • General Property Information:Association Fee Frequency: Semi-Annually
  • Association Amenities:Clubhouse: Yes
  • General Property Information:Association Name: May Management
  • Association Amenities:Security: Yes
  • Association Amenities:Beach Access: Yes

Schools

  • High School: St. Augustine
  • Middle Or Junior School: Sebastian

Lot Info

  • Current Use: Residential, Single Family
  • Parcel #: 1741913080

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 18, 2021
Sold by
Rafferty Cynthia H
Bought by
Byrne Robert S and Byrne Lynn C
Seller's Agent
Elaine Wallace
WATSON REALTY CORP
Buyer's Agent
Elaine Wallace
WATSON REALTY CORP
List Price
$1,650,000
Sold Price
$1,525,000
Premium/Discount to List
-$125,000
-7.58%
Current Estimated Value
$2,130,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$605,968
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Jan 12, 2006
Sold by
Scherpf David H and Scherpf Mary Ann
Bought by
Rafferty William L and Rafferty Cynthia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Byrne Robert S $1,525,000 Attorney
Rafferty William L $1,675,000 Ponte Vedra Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rafferty William L $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2023 12/17/23 Off Market $1,525,000 -- --
03/31/2021 03/31/21 Sold $1,525,000 -7.6% $350 / Sq Ft
01/16/2021 01/16/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,650,000 -- $379 / 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
2025 $22,679 $1,566,379 -- --
2024 $22,679 $1,522,234 -- --
2023 $22,679 $1,477,897 $0 $0
2022 $22,363 $1,434,851 $364,000 $1,070,851
2021 $14,756 $934,685 $0 $0
2020 $14,558 $921,780 $0 $0
2019 $14,627 $901,056 $0 $0
2018 $14,485 $884,255 $0 $0
2017 $14,689 $882,348 $0 $0
2016 $14,659 $857,299 $0 $0
2015 $15,780 $864,200 $0 $0
2014 $14,172 $785,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 1089947

realMLS (Northeast Florida Multiple Listing Service)

APN: 174191-3080