NOT LISTED FOR SALE

11208 88th Rd N West Palm Beach, FL 33412

Estimated Value: $1,962,000 - $2,246,000

5 Beds
4.5 Baths
4,711 Sq Ft
$444/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $1,250,000 $265 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $12,250/month

247 Days on Market

Highlights

  • Lake Front
  • Gunite Pool
  • Atrium Room
  • Pierce Hammock Elementary School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of July 2020

Once in a rare while will a truly magnificent home such as this be available. Built without compromise this 5-acre estate located in the Rustic Lakes Community reflects only the very best. Custom built by the current owners this magnificent 5,914 sq foot estate has 5 bedrooms and 4.5 bathrooms and includes a large 3 room Mother-in Law Suite which has a full kitchen, bedroom, private bathroom and huge walk in closet. Perfect for Generational Families, visiting guests or staff.

Last Agent to Sell the Property

William Shearouse

United Realty Group, Inc License #3269778 Listed on: 10/27/2019

United Realty Group, Inc

Co-Listed By

Stacie Shearouse

United Realty Group, Inc License #3307105

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,666

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Lake Front
  • Fenced
  • Sprinkler System
  • Property is zoned AR

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 4,711 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Atrium Room
  • Carpet
  • Lake Views
  • Pull Down Stairs to Attic

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Intercom

Outdoor Features

  • Gunite Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00414223000001260

Community Details

Overview

  • Rustic Lakes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,666

Year Built

Built in 2001

Lot Details

0

HOA Fees

$33 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Lake to enterance to Rustic Lakes turn North first street on Right
  • Year Built: 2001
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Jetted Tub, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Atrium, Attic, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Other
  • Living Area: 4711.0
  • Dining Room Type: Attic, Atrium, Den, Family Room, Great Room, In-Law Suite, Laundry, Storage Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 33.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00414223000001260
  • Lot Size Sq Ft: 217800.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10666.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2022
Sold by
Deluca Russell L
Bought by
Deluca Russell L
Current Estimated Value
$2,089,713

Purchase Details

Closed on
Dec 7, 2020
Sold by
Deluca Russell L
Bought by
Deluca Russell L and Hovis Donald Lee

Purchase Details

Listed on
Oct 27, 2019
Closed on
Jul 31, 2020
Sold by
Stone Joyce and Stone William Merrill
Bought by
Deluca Russell L
Seller's Agent
William Shearouse
United Realty Group, Inc
List Price
$1,399,000
Sold Price
$1,250,000
Premium/Discount to List
-$149,000
-10.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$972,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 1997
Sold by
Whittemore Ricahrd and Whittemore L
Bought by
Rodriquez Orlando
Source: Public Records

Range of Values:

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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
Deluca Russell L -- --
Deluca Russell L -- None Listed On Document
Deluca Russell L -- Attorney
Deluca Russell L $1,250,000 Attorney
Rodriquez Orlando $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deluca Russell L $972,000
Previous Owner Rodriquez Orlando $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $1,250,000 -10.7% $265 / Sq Ft
07/01/2020 07/01/20 Pending -- -- --
10/27/2019 10/27/19 For Sale $1,399,000 -- $297 / 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
2024 $13,661 $717,498 -- --
2023 $13,471 $696,600 $0 $0
2022 $13,337 $676,311 $0 $0
2021 $13,365 $656,613 $0 $0
2020 $12,246 $610,180 $0 $0
2019 $12,100 $596,461 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10573083

BeachesMLS

APN: 52-41-42-23-00-000-1260