1026 N Atlantic Dr Lantana, FL 33462
4
Beds
4
Baths
3,858
Sq Ft
0.32
Acres
Highlights
- 67 Feet of Waterfront
- Screened Pool
- Marble Flooring
- Dock has access to electricity and water
- Colonial Architecture
- No HOA
About This Home
As of August 2021Gorgeous Island Estate re-built in 2005 offers ultimate waterfront enjoyment. This prestigious Hypoluxo Island 4,485-square foot estate on a large waterfront lot, offers a rare opportunity to enjoy the sought-after casual lifestyle. A brick drive brings one to an intimate covered garden entry of this delightful Island home with four bedrooms and four bathrooms. Gorgeous Island Estate re-built in 2005 offers ultimate waterfront enjoyment. This prestigious Hypoluxo Island 4,485-square foot estate on a large waterfront lot, offers a rare opportunity to enjoy the sought-after casual lifestyle. A brick drive brings one to an intimate covered garden entry of this delightful Island home with four bedrooms and four bathrooms. The foyer leads into the light-filled great room that flows into a semi-circular dining room with two story windows that offer views of the landscaped gardens, patios, pool, spa and dock. These rooms feature soaring coffered and custom wood ceilings marble floors and finely crafted moldings. Off the main entry are two attractive and very private guest bedroom suites.
The third guest suite serves as a study and is just adjacent to the great room. Also off the great room is the gourmet center-island kitchen with professional grade appliances, family room with a stone fireplace and charming breakfast room. Here, floor to ceiling windows and doors open to the gardens. Off the dining room is a striking master suite, located to maximize enjoyment of water views. Hypoluxo Island is located between the Atlantic Ocean and the Intracoastal Waterway on the Gold Coast in Central Palm Beach County.
Last Agent to Sell the Property
JACK ELKINS
THE FITE GROUP Listed on: 12/02/2014
Co-Listed By
BUNNY HIATT
THE FITE GROUP
Last Buyer's Agent
NON MEMBER
NON MEMBER FIRM
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $27,589
Year Built
- Built in 2004
Lot Details
- 0.32 Acre Lot
- 67 Feet of Waterfront
- Property fronts an intracoastal waterway
- East Facing Home
- Sprinkler System
- Property is zoned R-C - Medium Density Residential, R-C - Medium Density
Parking
- 2 Car Garage
Home Design
- Colonial Architecture
- Bermuda Architecture
- Metal Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 3,858 Sq Ft Home
- 1-Story Property
- Central Vacuum
- Sound System
- Ceiling Fan
- Fireplace
- Dining Area
- Utility Room
Kitchen
- Double Convection Oven
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Home Security System
- Impact Glass
- Fire and Smoke Detector
Pool
- Screened Pool
- Pool and Spa
- Gas Heated Pool
- Outdoor Pool
Outdoor Features
- Dock has access to electricity and water
- Dock made with wood
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Hypoluxo Island Subdivision
Listing and Financial Details
- Assessor Parcel Number 40434434110000380
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2021
Closed on
Aug 16, 2021
Sold by
Malagon Timothy Steven Lee and 1993 Timothy S L Malagon Trust
Bought by
Fain Stuart M and Boneta Martha
Seller's Agent
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
Buyer's Agent
Simon Isaacs
Simon Isaacs Real Estate LLC
List Price
$2,300,000
Sold Price
$2,350,000
Premium/Discount to List
$50,000
2.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,316,394
Avg. Annual Appreciation
11.98%
Purchase Details
Listed on
Oct 3, 2013
Closed on
Jan 12, 2015
Sold by
Ganek Jeffrey P and Wright William J
Bought by
Malagon Timothy Steven Lee
Seller's Agent
Jack Elkins
William Raveis Real Estate
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.01%
Purchase Details
Closed on
Dec 20, 2004
Sold by
Lynn Joe
Bought by
Ganek Jeffrey P and Wright William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,251,250
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2001
Sold by
Diane M Balsara I
Bought by
Lynn Joseph S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.1%
Mortgage Type
New Conventional
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,242,900 | Title Pros Of Florida Llc | |
| Warranty Deed | $1,600,000 | Attorney | |
| Warranty Deed | $1,925,000 | -- | |
| Warranty Deed | $600,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,251,250 | Purchase Money Mortgage | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $420,000 | New Conventional | |
| Closed | $288,750 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/16/2021 08/16/21 | Sold | $2,350,000 | +2.2% | $609 / Sq Ft |
| 07/17/2021 07/17/21 | Pending | -- | -- | -- |
| 03/26/2021 03/26/21 | For Sale | $2,300,000 | +43.8% | $596 / Sq Ft |
| 01/16/2015 01/16/15 | Sold | $1,600,000 | 0.0% | $415 / Sq Ft |
| 01/13/2015 01/13/15 | Sold | $1,600,000 | 0.0% | $415 / Sq Ft |
| 12/31/2014 12/31/14 | Pending | -- | -- | -- |
| 12/17/2014 12/17/14 | Pending | -- | -- | -- |
| 12/02/2014 12/02/14 | For Sale | $1,600,000 | -19.8% | $415 / Sq Ft |
| 10/03/2013 10/03/13 | For Sale | $1,995,000 | -- | $517 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $61,087 | $2,954,255 | -- | -- |
| 2023 | $54,250 | $2,685,686 | $0 | $0 |
| 2022 | $49,412 | $2,441,533 | $0 | $0 |
| 2021 | $32,584 | $1,613,774 | $0 | $0 |
| 2020 | $32,481 | $1,591,493 | $0 | $0 |
| 2019 | $32,065 | $1,555,712 | $0 | $0 |
| 2018 | $30,633 | $1,526,705 | $654,316 | $872,389 |
| 2017 | $32,632 | $1,565,641 | $688,754 | $876,887 |
| 2016 | $31,689 | $1,503,873 | $0 | $0 |
| 2015 | $30,241 | $1,379,400 | $0 | $0 |
| 2014 | $27,588 | $1,254,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Hilghman
M
Seller's Agent in 2021
Mike Hilghman
Florida Premier Realty of the Palm Beaches LLC
(561) 294-8255
1 in this area
30 Total Sales
-
Simon Isaacs
Buyer's Agent in 2021
Simon Isaacs
Simon Isaacs Real Estate LLC
(561) 818-3936
4 in this area
131 Total Sales
-
J
Seller's Agent in 2015
JACK ELKINS
THE FITE GROUP
-
B
Seller Co-Listing Agent in 2015
BUNNY HIATT
THE FITE GROUP
-
Erin Hiatt
E
Seller Co-Listing Agent in 2015
Erin Hiatt
William Raveis Real Estate
(561) 655-6570
4 in this area
5 Total Sales
-
N
Buyer's Agent in 2015
NON MEMBER
NON MEMBER FIRM
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 14-2482
APN: 40-43-44-34-11-000-0380
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