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Work directly with Krista on any home hereBroker Associate · 20+ years · 500+ closingsChristie's International Real Estate First Coast

This home is in St. Augustine — a home near Tocoi Creek High School.

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Sold

Sold·Closed Jan 24, 2025·12 days on market·Recent sales in World Golf Village

488 Cherry Elm Drive

St. Augustine, FL 32092

$370,000sold priceListed at $423,990 · 87.3% of asking$267/sqftMLS# 2061821
3
Beds
2
Baths
1,388
Sq Ft
2024
Built
2
Garage
No
Pool
HOA $235/mo5,663 sqft lotWaterfrontSingle Family Residence1 storyNew construction

About this home

St. Augustine

* Sample Photos * MOVE IN READY! Manatee 1 Story Home features Single trey ceiling in family room, 9 wide triple slider in family room, 42'' white cabinets, Wood Laminate plank flooring in all main areas, kitchen backsplash, microwave oven combo, stainless steel hood, 4 burner gas cooktop, tankless gas hotwater heater, quartz countertops in kitchen & baths, blinds throughout, Big Private Backyard, and much more!

Cost to own

True monthly cost

What this home actually costs per month at the asking price — not just the mortgage.

Principal & interest20% down · 7.4% · 30yr$2,049
Property taxesest. at asking price, St. Johns County$492
HOAbilled monthly$235
Estimated total, before insurance$2,777/mo
Seller’s 2024 tax billper the MLS — includes any CDD / assessments$822/yr · $69/mo
  • • Homeowners insurance is on top — in Florida it varies widely with roof age and wind/flood zone (see the Reality Check below). Budget it before you offer.
  • • In CDD communities (Nocatee, eTown, Seven Pines…), bond assessments are collected on the property-tax bill, and the amount varies home to home — a prior owner may have prepaid the bond — so we confirm this home’s exact line rather than trust a community average.
  • • Taxes are estimated at YOUR purchase price — Florida assessments reset on sale, so the seller’s current bill is usually lower than yours will be (that applies to the reference bill above too).
Mortgage calculator — adjust rate & down payment

Cost to own

Mortgage calculator

$370,000
$74,000
Loan Term
Monthly Payment
$2,049
Principal & Interest: $2,049
Property taxes (est.): $492
Insurance (est.): $247
Estimated Total Monthly
$2,788
*30-year loan at 7.4% APR (avg 30-yr rate 2026-10-08, Freddie Mac PMMS via FRED). Taxes use the county effective rate; insurance is a rough estimate — Florida premiums swing with roof age and flood zone (see the Reality Check). Actual costs may vary.

Storms & insurance

Florida Reality Check

The storm-and-insurance facts every Florida buyer should know up front.

Flood zone not yet determined

Check the exact parcel at msc.fema.gov or ask Krista to pull it.

Flood damage is not covered by standard homeowners insurance — it’s always a separate policy.

Evacuation zone not yet determined

Check floridadisaster.org/knowyourzone.

Roof: Shingle — year not disclosed (home built 2024)

Roof age drives Florida insurance pricing more than anything else — worth confirming before you offer.

Solar potential: ~1,774 usable sun-hours per year

A strong solar roof by Florida standards — worth pricing panels if energy bills matter to you.

Krista can connect you with local insurance quotes before you make an offer.

Ask about this home

This Reality Check is informational only — it draws on FEMA/FDEM hazard layers, Florida DOH water records, and the listing’s own fields at this property’s coordinates. None of it is a determination, survey, or inspection, and public records can lag or conflict with on-site conditions. Independently verify anything you’ll rely on: the flood zone at msc.fema.gov and floridadisaster.org/knowyourzone (and confirm flood-insurance cost with your lender and a licensed insurance agent), and the sewer/septic, roof, and utilities with a professional inspection.

Cost to own

Taxes & assessment

2024 property taxes (current owner): $822/yr

Estimated taxes if purchased at asking price: ~$5,900/yr

Florida’s Save Our Homes cap limits how fast the current owner’s assessment can rise — and it resets when a home sells, so a buyer’s tax bill is typically based on the purchase price, not the seller’s bill above. Estimate uses the median effective rate across 1,595 current St. Johns listings and includes typical non-ad-valorem assessments; actual taxes depend on exemptions and taxing district. Sources: Florida DOR certified tax roll, NEFMLS.

History

Price & status history

  • Dec 23, 2024Listed$423,990

History tracked by kristafracke.com from the live MLS feed. Earlier changes may predate tracking.

Closed sales

What sold nearby

Closed sales within about two miles in the last 18 months, same property type, similar size. Closed prices from the MLS, not estimates. Their median is $220/sq ft; this home is listed at $305/sq ft.

AddressClosedPrice$/sq ftBd/BaSq ftDOMMiles
5187 Farm Creek Road, St. Augustine, FL 32092Listed by MOMENTUM REALTYJul 2026$875,000$4933/21,776371.7
108 St Andrews Pl Drive, St. Augustine, FL 32092Listed by CHRISTIE'S INTERNATIONAL REAL ESTATE FIRST COASTJun 2026$395,000$2203/21,794101.7
1082 Three Forks Court, St. Augustine, FL 32092Listed by WATSON REALTY CORPAug 2026$360,000$2064/21,74661.8
673 Mackenzie Circle, St. Augustine, FL 32092Listed by REMAX WELCOME HOMEAug 2026$345,000$2013/21,7161012
504 Knolle Court, St. Augustine, FL 32092Listed by HERRON REAL ESTATE LLCJul 2026$355,000$2203/21,611232
1315 Ardmore Street, Jacksonville, FL 32092Listed by COLDWELL BANKER VANGUARD REALTYJun 2026$314,900$2533/21,246552

Sold data from the realMLS IDX feed. A closed price is what a buyer paid, not what this home is worth; Krista runs the adjustments per home.

Features

Price$423,990
Price / Sq Ft$305
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,388
Acres0.13 acres
Year Built2024
TypeResidential
Sub-TypeSingle Family Residence
Property ConditionUnder Construction
StatusClosed
# of Garages2
Has PoolNo
Is WaterfrontYes
New ConstructionYes

School Information

Community Information

Address488 Cherry Elm Drive, St. Augustine, FL 32092
Area305-World Golf Village Area-Central
SubdivisionCherry Elm Townhomes
CitySt. Augustine
CountySt. Johns
StateFL
Zip Code32092
Lot Size5,662.8 sq ft
Parcel Number0279851010
ZoningPUD

Amenities

AmenitiesPool, Children's Pool, Clubhouse, Jogging Path, Maintenance Grounds, Playground, Tennis Court(s)
UtilitiesCable Available
SewerPublic Sewer
Water SourcePublic
Green / EnergyWindows
ParkingAttached, Garage, Garage Door Opener
Waterfront TypePond

Interior

Interior FeaturesBreakfast Bar, Eat-in Kitchen, Entrance Foyer, Pantry, Primary Bathroom - Shower No Tub, Primary Downstairs, Split Bedrooms, Walk-In Closet(s)
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
HeatingCentral
CoolingCentral Air
# of Stories1
LaundryElectric Dryer Hookup, Washer Hookup
SecuritySmoke Detector(s)

Exterior

Lot DescriptionIrregular Lot
Patio / PorchCovered, Patio
RoofShingle
ConstructionFiber Cement, Frame
Road SurfaceAsphalt

Additional Information

Date ListedDecember 24, 2024
Days on Market12
HOA Fees$235 / Monthly
HOA FrequencyMonthly
Tax Amount$822.32
Tax Year2024
Listing TermsCash, Conventional, FHA, VA Loan
55+ CommunityNo
New ConstructionYes

Listing Courtesy of: OLYMPUS EXECUTIVE REALTY, INC

Information deemed reliable but not guaranteed. Data provided through the IDX program of realMLS (Northeast Florida Multiple Listing Service). © 2026 Northeast Florida Multiple Listing Service, Inc. All rights reserved.

Your Local Realtor

Krista Fracke - Broker Associate

Krista Fracke

Broker Associate

This home sold on Jan 24, 2025. If you own nearby and want to know what this sale means for your value, or you're shopping this street, I can walk you through it.

Text Krista about this saleHomes for sale nearby →

20+ years · 500+ closings · NE Florida

Curious what nearby homes sold for?

MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.

Marsh boardwalk at golden hour in Ponte Vedra Beach, Florida

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