See Home Value
Palm City 34990 Palm City
3029 SW Cornell Avenue
$2,880,000 - $3,520,000
House - Off Market

3029 SW Cornell Avenue

Palm City, FL 34990
bedrooms
4 Beds
bathrooms
4.5 Baths, 1 Half Bath
square feet
4212 Sqft
Sold Mar 11, 2024
$3,000,000
$2,400,000 by Pinnacle Bank
Mortgage Due Apr 01, 2054
Sold Mar 29, 2016
$100

About This Property

Welcome to PALAZZO DE SANTA LUCIA! An exclusive waterfront home offering the epitome of luxury coastal living. With its stunning wide water views, breathtaking sunrises, and a host of exquisite features, this residence is a true masterpiece of design and craftsmanship. The architecture of this home exudes the timeless charm and sophistication of Santa Barbara style. This elegant design is complemented by lush landscaping and meticulously maintained grounds. Step inside, and you'll find an interior that matches the exterior's grandeur. The spacious living areas are adorned with high ceilings, and custom finishes that showcase the superior craftsmanship that went into creating this home. A highlight is the gourmet kitchen, where culinary dreams come true with top-of-the-line appliances

The manager has listed the unit size as 4212 square feet.
Unit Size
4,212Ft²
Days on Market
-
Land Size
-
Price per sqft
$760
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2013

Price History

Date / Event Date Event Price
Mar 11, 2024 Sold to Roland Faassen, Sharon Faassen $3,000,000
Sold to Roland Faassen, Sharon Faassen
Feb 23, 2024 No longer available -
No longer available
Oct 12, 2023 Listed $3,200,000
Listed
Mar 29, 2016 Sold to Palazzo Revocable Trust Mar... $100
Sold to Palazzo Revocable Trust Mar...
Dec 6, 2006 Sold to Mark Palazzo, Sheila Palazzo $660,000
Sold to Mark Palazzo, Sheila Palazzo

Property Highlights

Fireplace
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: A
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Concrete
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 832
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 5,044
  • Gross Building Area: 5,044
  • Building Area: 4,212
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,212
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: PALM CITY AMENDED
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 AND THE NORTH 20 FEET OF LOT 2 AND THE NORTH 70 FEET OF LOTS 4 AND 5 BLOCK 12 PALM CITY AMENDED ACCORDING TO THAT PLAT THEREOF RECORDED IN PLAT BOOK 6 PAGE 41 PUBLIC RECORDS PALM BEACH COUNTY NOW MARTIN COUNTY FLORIDA TOGETHER WITH ACCRETED LAN

Ownership

  • Current Owner : FAASSEN ROLAND
  • Current Owner 2: FAASSEN SHARON
  • Previous Owner : MARK PALAZZO REVOCABLE TRUST
  • Previous Owner 2: SHEILA PALAZZO REVOCABLE TRUST
  • Owner Before Previous Owner: PALAZZO MARK & SHEILA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Martin County School District
  • Census Tract: 000603

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: O-17A
  • Parcel: 17-38-41-001-012-00010-0
  • Block: 12
  • Lot: 1
  • Meridian: SEC 17 TWN 38S RNG 41E
  • Latitude: 27.1677
  • Longitude: -80.2641

    Address

  • Full Address: 3029 Sw Cornell Ave
  • Address - House Number: 3029
  • Street Direction: SW
  • Address - Street Name: Cornell
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palm City
  • Carrier Code: R006
  • 4-Digit Zip Code: 2957
  • Zip Code: 34990

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,715
  • Tax Rate Code Area: 5005 WESTE

    Appraisal Valuation

  • Standard Deviation: 0.1958
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 2,275,404
  • High Value: 2,721,083
  • Low Value: 1,829,726

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,400,000
  • First Open Lien Mortgage Lender: PINNACLE BANK
  • First Open Lien Mortgage Recording Date: Mar 11, 2024
  • First Open Lien Mortgage Loan Amount: $2,400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $1,713,890
  • Market Land Value: $481,000
  • Market Improvement Value: $1,232,890

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $927,871

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Transaction ID: 11923003113
  • Current Sale Price: $3,000,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3061996
  • Previous Sale Recording Date: Mar 29, 2016
  • Previous Sale Contract Date: Mar 29, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PINNACLE BANK
  • First Mortgage Transaction Date: Mar 11, 2024
  • First Mortgage Loan Amount: $2,400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Palm City


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Frequently Asked Questions

When was property at 3029 Southwest Cornell Avenue built and last sold?
The property at 3029 Southwest Cornell Avenue was built in 2013 and last sold on Mar 5, 2024 for $3,000,000.
How much is this home worth?
The estimated value of the home located at 3029 Southwest Cornell Avenue is $3,134,293.
What are some comparable homes to 3029 Southwest Cornell Avenue?
There are currently no comparable homes to 3029 Southwest Cornell Avenue.

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