tomo logo

$2,000,000

Beds
7
Baths
5.0
sq ft
6,056

595 W River Rd, Palatka, FL 32177

595 W River Rd

Palatka, FL 32177

  • 61 days on market
Discover the ultimate retreat at the vacation estate of Ann Wilson, legendary lead singer of the iconic rock band Heart. Set on 12.48 acres with 510 feet of frontage along the scenic St. John's River, this private getaway offers expansive eastern views and an atmosphere perfect for relaxation. The 4,084 sq. ft. main house features 3 spacious bedrooms, 2.5 baths, and stunning river views from the infinity pool and spa. Enjoy the panoramic river views from the luxurious infinity pool and spa, or unwind on the expansive porches, poolside lanai, and multiple balconies that overlook the water. Step into the fully renovated 2,406 sq. ft. guest house, originally built in the early 1900s. This charming 4-bedroom, 2-bath home retains its historic character while offering modern comforts, including an elevator. The estate is designed for both luxury and practicality, with two 28kW backup generators, an artisan well, an irrigation system, and two pump houses. Additional features include a 980 sq. ft. RV port, a 1,159 sq. ft. workshop, and a private dock for enjoying life on the river. Surrounded by century-old oak and magnolia trees, this property exudes Old Florida charm, while offering plenty of space for further expansion. Whether you're reminiscing over Heart's greatest hits or simply soaking in the peaceful ambiance, this estate is your personal haven for relaxation and inspiration.

Details

Property type

Single Family Residence

Est. home value

$1,557,215

Property condition

Updated/Remodeled

Lot size

12.48 acres

Price per sq ft

$331

Year built

1900

Annual property taxes

$26,830.97

Price History

09/23/2024
RealMLS

RealMLS #2048731

Listed
$2,000,000
+125.99%
03/29/2019
RealMLS

RealMLS #961312

Sold
$885,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$1,176,537
Asking price
$2,000,000
Closing costs (~8% of asking)
-$160,000
Est. remaining loan balance
-$663,463
Cash to seller
$1,176,537

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

Seller’s Loan History

Lender

Ubs Bank Usa

Loan start date

March 2022

Original loan amount

$700,000

Est. remaining balance

$663,463

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Adriane Hibbert and Olympic Trust

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?

Status: Active

Tomo last checked: 11/23/2024 at 11:15 AM

Listing updated: 11/13/2024 at 2:53 AM

Listed by: KIM MARTIN-FISHER PA, DOUGLAS ELLIMAN FLORIDA Phone #: (904) 834-0032

MLS: RealMLS #2048731

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