NOT LISTED FOR SALE

96117 Majestic Palm Way Fernandina Beach, FL 32034

Estimated Value: $841,000 - $931,000

4 Beds
3.5 Baths
2,190 Sq Ft
$405/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $701,248 $320 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,218/month

Highlights

  • Gated Community
  • Mediterranean Architecture
  • Covered Patio or Porch
  • Emma Love Hardee Elementary School Rated A-
  • Community Pool
  • Cooling Available

About This Home

As of February 2023

The Rachel floorplan is the same floorplan as our former model home. The Rachel is a four bedroom 3.5 bath home with spacious upstairs Loft. The first floor offers an open-concept layout, which includes the Kitchen, Laundry Room, Master Suite and half bath You'll love cooking in the gourmet kitchen with a stainless steel gas cooktop and large island, perfect for prepping the perfect meal. Step out onto the covered Lanai, which includes a gas stub for future grill. The second level includes 3 bedrooms, 2 full baths and a spacious loft, which is a great space for an entertainment area, or second Family Room. The Enclave Community is located on the south end of Amelia Island. This gated community includes a pool with 2 cabanas and a paved bike path that leads to the beach. HOA includes weekly lawn maintenance and trash pick-up. The Enclave is a natural gas community.

Last Agent to Sell the Property

Robert Swanbeck

ARTISAN REALTY LLC License #3246054 Listed on: 04/09/2022

Last Buyer's Agent

Tiffany Shaw

ENGEL & VOLKERS AMELIA ISLAND License #3172069

ENGEL & VOLKERS AMELIA ISLAND

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • Sprinkler System
  • Property is zoned PUD

HOA Fees

  • $256 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Frame Construction
  • Stucco

Interior Spaces

  • 2,190 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 00-SB-30-047E-0034-0000

Community Details

Overview

  • Built by Artisan Homes
  • Enclave At Summer Beach Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$256 per month

Parking

2

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Lot Size: .08
  • Road Surface Type: Paved
  • Subdivision Name: Enclave At Summer Beach
  • Directions: Drive south on Amelia Island Parkway towards Amelia Island Plantation. Continue south after first round-about. The Enclave is .05 miles south of the Harris Teeter shopping Center. The Enclave will be on the left.
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2022
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Residential
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Appliances: Some Gas Appliances, Dishwasher, Disposal, Microwave, Oven, Stove
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Cable TV
  • Living Area: 2190.0
  • Window Features: Vinyl
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Community
  • Home Warranty: Yes
  • Builder Name: Artisan Homes
  • Construction Type: Frame, Stucco
  • Exterior Features: Sprinkler/Irrigation
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Under Construction
  • Roof: Barrel

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Two Car Garage, Garage Door Opener

Utilities

  • Security: Gated Community
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 256.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Parcel #: 00-SB-30-047E-0034-0000
  • Zoning: PUD
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Feb 1, 2023
Sold by
Enclave Phase Ii Partners Llc
Bought by
Hoffman Timothy James and Hoffman Constance Ann
Seller's Agent
Robert Swanbeck
ARTISAN REALTY LLC
Buyer's Agent
Tiffany Shaw
ENGEL & VOLKERS AMELIA ISLAND
List Price
$621,095
Sold Price
$701,248
Premium/Discount to List
$80,153
12.91%
Current Estimated Value
$886,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,502
Avg. Annual Appreciation
9.49%
Original Mortgage
$250,000
Outstanding Balance
$221,582
Interest Rate
5.17%
Mortgage Type
New Conventional
Estimated Equity
$665,168
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
Hoffman Timothy James $701,300 Estate Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoffman Timothy James $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $701,248 +12.9% $320 / Sq Ft
04/09/2022 04/09/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $621,095 -- $284 / Sq Ft
Source: Amelia Island - Nassau County Association 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
2024 $2,021 $582,926 $165,000 $417,926
2023 $2,021 $125,000 $125,000 --
2022 -- $115,000 $115,000 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Amelia Island - Nassau County Association of REALTORS®

MLS Number: 99019

APN: 00-SB-30-047E-0034-0000