This home is in Morgans Cove, St. Augustine — a home near St. Augustine High School.
Sold·Closed Jul 7, 2026·17 days on market·Recent sales in Morgans Cove·Morgans Cove
138 Falcon Ridge Road
St. Augustine, FL 32084
12 more homes for sale in Morgans Cove →Search Morgans Cove on the map
About this home
Morgans Cove
Move-In Ready 3BR/2BA Home in St. Augustine - Preserve Views & Low Fees! Welcome home to this beautifully maintained 3 bedroom, 2 bathroom residence ready for immediate move-in. Enjoy an open, bright layout perfect for comfortable living and entertaining. Step outside to your fully fenced backyard that backs directly up to a peaceful preserve, offering privacy, nature views, and endless relaxation. Low HOA fees and no CDD fees make this an exceptional value. Conveniently located just a short drive to historic downtown St. Augustine, with easy access to shops, restaurants, beaches, and attractions. Don't miss this opportunity in a highly desirable area! Schedule your showing today.
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Cost to own
True monthly cost
What this home actually costs per month at the asking price — not just the mortgage.
- • 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).
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Cost to own
Mortgage calculator
Cost to own
Taxes & assessment
Last sold: $337,000 in March 2023(county public record, not MLS data)
| Year | Market value | Taxable value | Change |
|---|---|---|---|
| 2025 | $310,051 | $130,485 | — |
| 2024 | $299,512 | $126,100 | — |
| 2023 | $60,750 | $60,750 | — |
| 2022 | $67,200 | $67,200 | — |
2025 property taxes (current owner): $2,260/yr
Estimated taxes if purchased at asking price: ~$5,400/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 (2025), NEFMLS.
History
Price & status history
- Jul 8, 2026Closed$338,900
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 $198/sq ft; this home is listed at $198/sq ft.
| Address | Closed | Price | $/sq ft | Bd/Ba | Sq ft | DOM | Miles |
|---|---|---|---|---|---|---|---|
| 571 Morgans Treasure Road, St. Augustine, FL 32084Listed by BERKSHIRE HATHAWAY HOMESERVICES, FLORIDA NETWORK REALTY | Sep 2026 | $338,500 | $198 | 3/2 | 1,711 | 124 | 0.7 |
| 56 Cannon Ball Drive, St. Augustine, FL 32084Listed by CHAD AND SANDY REAL ESTATE GROUP | Jun 2026 | $431,000 | $201 | 4/2 | 2,149 | 21 | 0.9 |
| 597 Lake Sinclair Street, St. Augustine, FL 32084Listed by HOUWZER, INC. | Aug 2026 | $379,900 | $187 | 4/3 | 2,027 | 61 | 1.5 |
| 447 Lake Sinclair Street, St. Augustine, FL 32084Listed by HERRON REAL ESTATE LLC | Jun 2026 | $375,000 | $185 | 4/3 | 2,027 | 4 | 1.5 |
| 3051 Green Acres Road, St. Augustine, FL 32084Listed by HERRON REAL ESTATE LLC | May 2026 | $495,000 | $349 | 3/2 | 1,420 | 46 | 1.5 |
| 264 Lake Sinclair Street, St. Augustine, FL 32084Listed by KELLER WILLIAMS JACKSONVILLE | Aug 2026 | $399,900 | $197 | 4/3 | 2,027 | 3 | 1.6 |
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
School Information
Community Information
Amenities
Interior
Exterior
Additional Information
Listing Courtesy of: PREMIER HOMES 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.
The neighborhood
About Morgans Cove
Morgans Cove is a neighborhood in St. Augustine, FL (St. Johns County), ZIP 32084.
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Your Local Realtor

Krista Fracke
Broker Associate
This home sold on Jul 7, 2026. 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
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MLS rules keep sold prices off public sites — ask Krista and she'll email you recent sales for this area.

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