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$1,265,000

Beds
4
Baths
3.5
sq ft
3,661

42 Palm Island Way, Ponte Vedra, FL 32081

42 Palm Island Way

Ponte Vedra, FL 32081

  • 78 days on market
    • Price drop $10,000↓
Reduced $10K on 9/27/24! Custom saltwater pool home with spa, sun shelf & summer kitchen complete with tile backsplash & gas grill is perfect for outdoor entertaining! This Toll Brothers ''Captiva Elite'' floorplan in prestigious gated Coastal Oaks in Nocatee is 3661sf, 4 bed, 3.5 bath. With an open concept gathering room that opens to a chef's kitchen which offers upgraded appliances, stacked cabinets & custom shelving in the walk-in pantry. Laundry with nautical blue cabinets with sink, along with built-in drop station lead to 2+ garage space that has a leased EV charger. Samsung 2024W/D convey w/full price offer. Relaxing primary bedroom ensuite has his/her custom closets. Primary bath offers oversized shower w/dual shower heads. Two bedrooms w/Jack-n-Jill bathroom have separate vanities w/shower between. A grand staircase, office/flex room w/pocket doors & half-bath tucked under stairs complete the foyer. Upstairs offers spacious bonus room, lrg bedroom, full bath & storage closet This is one of the best priced pool homes in Coastal Oaks. This gated community and has it's own private amenities center with pool and fitness room. Coastal Oaks residents also have access to all Nocatee amenities, including Splash & Spray parks, lazy river and adult pool, miles of golf cart, walking and bike paths, dog parks and numerous other amenities. Easy access to shopping, restaurant and beach. St Johns County Schools. Zoned for Pine Island K-8 and Nease High School.

Details

Property type

Single Family Residence

Est. home value

$1,163,187

Lot size

8,276.4 sq ft

Price per sq ft

$346

Year built

2019

Annual property taxes

$13,903.06

Monthly HOA fee

$287.65

Price History

09/27/2024
RealMLS

RealMLS #2037831

Price change
$1,265,000
-0.78%
08/15/2024
RealMLS

RealMLS #2037831

Price change
$1,275,000
-1.54%
08/02/2024
RealMLS

RealMLS #2037831

Price change
$1,295,000
-2.26%

Schools & Community

Elementary school: 

Pine Island Academy

Middle school: 

Pine Island Academy

High school: 

Allen D. Nease

Community features: 

Pool

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$522,150
Asking price
$1,265,000
Closing costs (~8% of asking)
-$101,200
Est. remaining loan balance
-$641,650
Cash to seller
$522,150

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Bank Of California

Loan start date

April 2021

Original loan amount

$692,750

Est. remaining balance

$641,650

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Dipesh Patel and Hetalben Patel

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 10/04/2024 at 10:30 PM

Listing updated: 09/27/2024 at 3:25 PM

Listed by: JOAN MCCUTCHEON, LPT REALTY LLC Phone #: (904) 785-8525

MLS: RealMLS #2037831

RealMLS logo

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