NOT LISTED FOR SALE

1040 Breakers Way W West Palm Beach, FL 33411

Breakers West Neighborhood

Estimated Value: $2,006,000 - $2,292,000

3 Beds
3.5 Baths
3,872 Sq Ft
$550/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $960,000 $248 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $13,473/month

153 Days on Market

Highlights

  • Beach
  • Gated with Attendant
  • Golf Course View
  • Golf Course Community
  • Gunite Pool
  • 25,245 Sq Ft lot

About This Home

As of August 2016

Gorgeous updated Breakers West custom home with all the renovations done! Almost 3,900 AC living area with 3 BR + Office, 3.5 BA, 2 car + golf cart garage situated on 1/2+ acre cul-de-sac lot. Floor to ceiling impact windows throughout + 45KW whole house generator. Travertine marble flooring & volume ceilings in main living areas, crown molding, LED lighting. Beautiful custom kitchen w/center island, granite counters, GE Mono refrig, Advantium oven/microwave & cooktop with vented hood. Family room with stunning floor-to-ceiling coquina stone gas fireplace opens to custom pool and patio. Grand master suite with tray ceiling, abundant walk-in closet storage and HIs and Her marble Master Bath with spa tub and large shower with dual entrances. Nearby Office w/built-in

Last Agent to Sell the Property

SARAH MAHONEY

Douglas Elliman (Wellington) License #536493 Listed on: 02/25/2016

Douglas Elliman (Wellington)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,776

Year Built

  • Built in 1988

Lot Details

  • 0.58 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned RS

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Home Design

  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,872 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Blinds
  • Sliding Windows
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Co-Op Membership Included
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424330040000420

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • Breakers West 5 Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Beach
  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,776

Year Built

Built in 1988

Lot Details

0

HOA Fees

$350 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Okeechobee Blvd, 7 miles west of 1-95 or 3 miles west of FL Turnpike. Turn at stoplight at Flagler Parkway to Breakers West Gatehouse.
  • Year Built: 1988
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Fireplace, Garden Tub/Roman Tub, Jetted Tub, Pull Down Attic Stairs, Split Bedrooms, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile
  • Living Area: 3872.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Blinds, Casement Window(s), Drapes, Impact Glass, Sliding, Skylight(s)

Exterior Features

  • Exterior Features: Enclosed Porch, Fence, Fruit Trees, Patio
  • View: Golf Course, Garden, Pool
  • Fencing: Wall
  • Lot Features: Cul-De-Sac, Sprinkler System
  • Pool Features: Gunite, Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities

Condo/Co-op/Association

  • Association Fee: 350.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Game Room, Pool, Sauna, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security

Lot Info

  • Parcel #: 00424330040000420
  • Lot Size: .58 acre
  • Lot Size Sq Ft: 25245.0
  • Zoning Description: RS

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9776.0

Multi Family

  • Number Of Units In Community: 540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2016
Closed on
Aug 26, 2016
Sold by
Cohen Meri E and Cohen Meri E
Bought by
William Jacob Suresh and William Sabeena Susan
Seller's Agent
SARAH MAHONEY
Douglas Elliman (Wellington)
Buyer's Agent
For Sale By Lenders Inc
List Price
$1,180,000
Sold Price
$960,000
Premium/Discount to List
-$220,000
-18.64%
Current Estimated Value
$2,129,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,169,856
Avg. Annual Appreciation
8.93%
Original Mortgage
$500,000
Outstanding Balance
$404,923
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,724,933

Purchase Details

Listed on
Feb 25, 2016
Closed on
Aug 15, 2016
Sold by
Cohen Meri E and Cohen Meri E
Bought by
William Jacob Suresh and William Sabeena Susan
Seller's Agent
SARAH MAHONEY
Douglas Elliman (Wellington)
Buyer's Agent
For Sale By Lenders Inc
List Price
$1,180,000
Sold Price
$960,000
Premium/Discount to List
-$220,000
-18.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$404,923
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,724,933

Purchase Details

Closed on
Oct 17, 2005
Sold by
Nebel Norman and Nebel Marilyn
Bought by
Cohen Meri E and The Meri E Cohen Trust Agreement

Purchase Details

Closed on
May 29, 1998
Sold by
Brown Robert L and Brown Sophia A
Bought by
Nebel Norman and Nebel Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
William Jacob Suresh -- None Available
William Jacob Suresh -- None Available
Cohen Meri E $850,000 --
Nebel Norman $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open William Jacob Suresh $500,000
Closed William Jacob Suresh $500,000
Previous Owner Nebel Norman $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $960,000 -18.6% $248 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $1,180,000 -- $305 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

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
2025 $23,177 $1,307,200 -- --
2024 $23,177 $1,188,364 -- --
2023 $20,411 $1,080,331 $468,330 $945,604
2022 $18,138 $982,119 $0 $0
2021 $15,987 $892,835 $285,115 $607,720
2020 $16,136 $893,412 $272,700 $620,712
2019 $15,840 $865,873 $267,300 $598,573
2018 $13,979 $787,030 $267,120 $519,910
2017 $13,992 $777,232 $254,400 $522,832
2016 $9,534 $548,904 $0 $0
2015 $9,776 $545,088 $0 $0
2014 $9,802 $540,762 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • SARAH MAHONEY

    Seller's Agent in 2016

    SARAH MAHONEY

    Douglas Elliman (Wellington)

    (561) 653-6195

    60 in this area

    61 Total Sales

    SARAH MAHONEY
    Section Image

  • J

    Buyer's Agent in 2016

    John Volpe

    Suncoast Realty Associates Inc

See All Agents

Map

Source: BeachesMLS

MLS Number: R10211185

BeachesMLS

APN: 00-42-43-30-04-000-0420

Florida Palm Beach County West Palm Beach 33411 Breakers West

1040 Breakers Way W, West Palm Beach, FL

Not Listed for Sale

Detached

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