Rustic Hills Canal Waterfront-Price Reduced below Appraised Value. Rebuilt 2005-2007 including metal roof, attic, walls, fence, floors, windows, trek deck (lasts a lifetime), 2 bathrooms possible 3rd bath, landscaping, outdoor pavers, new drainfield, French drains, seawall, boat lift & working sump pump in lower living area, the entire build out in lower living area was done with galvanized aluminum & Dura rock. 7000 sq.ft. of outdoor entertaining patio space with plenty of room for furniture...very unique and was quite an expensive add on. Icynene foam insulation in attic over main house & garage. 16,000 pound boat lift. Ocean access with one bridge. Being sold "as-is" with right to inspect. Buyer to pay title. Pre-qualifying letter if buyer is getting a mortgage. Proof of Funds required on cash offers.
Sold for $750,000
Street View
$750,000
1427 SW Rustic Ln, Palm City, FL 34990
4beds
3,120sqft
Single Family Residence
Built in 1973
0.32 Acres Lot
$811,300 Zestimate®
$240/sqft
$4,098 Estimated rent
Home value
$811,300
$738,000 - $892,000
$4,098/mo
Zestimate® history
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List your homeWhat's special
Boat liftNew drainfieldTrek deckOutdoor paversIcynene foam insulationMetal roof
Zillow last checked:
Listing updated:
Listed by:
Diane Asker 772-341-3756,
Laviano & Associates Real Esta
Bought with:
Jeanine L McGovern, 3497213
The Keyes Company (Tequesta)
Source: Martin County REALTORS® of the Treasure Coast (MCRTC),MLS#: M20039245
Originating MLS: Martin County
Originating MLS: Martin CountyFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Bedroom 1
- Dimensions: 20 x 12
Bedroom 2
- Dimensions: 13 x 11
Bedroom 3
- Dimensions: 17 x 10
Bedroom 4
- Dimensions: 25 x 12
Great room
- Dimensions: 31 x 24
Kitchen
- Dimensions: 25 x 10
Living room
- Dimensions: 30 x 15
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Some Electric Appliances, Dishwasher, Disposal, Range, Refrigerator, Water Heater
- Laundry: Washer Hookup
Features
- Eat-in Kitchen
Interior area
- Total structure area: 3,654
- Total interior livable area: 3,120 sqft
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage
- Has attached garage: Yes
- Covered spaces: 2
Features
- Levels: Multi/Split
- Stories: 2
- Exterior features: Sprinkler/Irrigation, Storm/Security Shutters
- Has view: Yes
- View description: Canal
- Has water view: Yes
- Water view: Canal
- Waterfront features: Canal Access, Fixed Bridge, Ocean Access, Boat Ramp/Lift Access
Lot
- Size: 0.32 Acres
- Features: Sprinklers Automatic
Details
- Parcel number: 123840001000011007
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Multi-Level
- Property subtype: Single Family Residence
Materials
- Block, Frame, Concrete
- Roof: Metal
Condition
- Resale
- Year built: 1973
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Water Available, Water Connected
Community & HOA
Community
- Features: Dock, Non-Gated
- Subdivision: Rustic Hills
HOA
- Has HOA: Yes
- Services included: Common Areas
- HOA fee: $21 monthly
Location
- Region: Palm City
Financial & listing details
- Price per square foot: $240/sqft
- Tax assessed value: $675,580
- Annual tax amount: $3,437
- Date on market: 5/22/2023
- Cumulative days on market: 111 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/6/2023 | Sold | $750,000-11.8%$240/sqft |
Source:  Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039245 Report a problem | ||
| 9/10/2023 | Pending sale | $850,000$272/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039245 Report a problem | ||
| 8/25/2023 | Contingent | $850,000$272/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039245 Report a problem | ||
| 8/3/2023 | Price change | $850,000-9.2%$272/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039245 Report a problem | ||
| 7/18/2023 | Price change | $935,750-5%$300/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039245 Report a problem | ||
| 5/22/2023 | Listed for sale | $985,000+198.5%$316/sqft |
Source: Martin County REALTORS® of the Treasure Coast (MCRTC) #M20039245 Report a problem | ||
| 5/29/2002 | Sold | $330,000$106/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,708 -0.8% | $501,252 +2.9% |
| 2024 | $7,772 +117.5% | $487,126 +111.9% |
| 2023 | $3,573 +4% | $229,834 +3% |
| 2022 | $3,437 +0.1% | $223,140 +3% |
| 2021 | $3,432 +3% | $216,641 +1.4% |
| 2020 | $3,332 +1.3% | $213,650 +2.3% |
| 2019 | $3,288 | $208,846 +1.9% |
| 2018 | $3,288 +2.6% | $204,952 +2.1% |
| 2017 | $3,203 +13.7% | $200,736 +2.1% |
| 2016 | $2,818 | $196,608 +0.7% |
| 2015 | $2,818 | $195,241 +0.8% |
| 2014 | $2,818 | $193,692 +1.5% |
| 2013 | -- | $190,830 -8.9% |
| 2012 | -- | $209,390 -2.6% |
| 2011 | -- | $214,920 -12.5% |
| 2010 | -- | $245,600 -16.5% |
| 2009 | -- | $294,210 -1.6% |
| 2008 | -- | $299,121 +49.9% |
| 2007 | $3,104 +17.7% | $199,514 +53.7% |
| 2006 | $2,637 | $129,821 -44.7% |
| 2005 | -- | $234,563 -3.5% |
| 2004 | $4,014 | $243,080 |
| 2003 | $4,014 +89.1% | $243,080 +74.1% |
| 2002 | $2,123 +1.6% | $139,660 +1.6% |
| 2001 | $2,089 +3.1% | $137,461 +3% |
| 2000 | $2,026 +3.7% | $133,457 +2.7% |
| 1999 | $1,953 | $129,948 |
Find assessor info on the county website
Neighborhood: 34990
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Nearby schools
GreatSchools rating
- 9/10Bessey Creek Elementary SchoolGrades: PK-5Distance: 1.1 mi
- 8/10Hidden Oaks Middle SchoolGrades: 6-8Distance: 1.8 mi
- 6/10Martin County High SchoolGrades: 9-12Distance: 2.8 mi
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Estimated market value
$811,300
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Estimated market value
$811,300
- Florida
- Martin County
- Palm City
- 34990
- 1427 SW Rustic Ln
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