NOT LISTED FOR SALE

Estimated Value: $2,018,484 - $2,037,000

5 Beds
4 Baths
4,288 Sq Ft
$473/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $1,700,000 $396 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $13,455/month

81 Days on Market

Highlights

  • Property has ocean access
  • Intracoastal View
  • 22,012 Sq Ft lot
  • Home fronts navigable water
  • New Construction
  • Fruit Trees

About This Home

As of March 2022

Fantastic opportunity to develop this amazing direct waterfront lot measuring approximately 75' X 277' with expansive 180 degree views of the intracoastal waterway. Watch sunrises across the nearly 1/2 mile of serene waters of the Lake Worth Lagoon as boats pass by & pelicans fly overhead. Owner is involved in residential 3D printing technology so there is an opportunity to create your very own home and have it PRINTED on-site. This type of construction is superior to standard building practices , has superior insulating value, strength & durability, and it is more energy efficient as it is all concrete. Copy of survey included in attachments to this listing.

Last Agent to Sell the Property

brian gleason

The Corcoran Group License #706766 Listed on: 12/09/2021

The Corcoran Group

Last Buyer's Agent

Eric Yeghian

Vikon Realty License #583985

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,224

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.51 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Fruit Trees

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • Intracoastal
  • Garden

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 38434427010510021

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,224

Year Built

Built in 2022 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Lantana Road East to Federal Hwy; North to 11th Ave S; East to Lakeside Drive; S. to 1130 OR LW Road East to Federal Hwy; S to 11th Ave S; East to Lakeside Drive; S to 1130.
  • Year Built: 2022
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 0

Interior Features

  • Furnished: Unfurnished
  • Appliances: None
  • Flooring: Other

Exterior Features

  • Exterior Features: Fruit Trees
  • View: Garden, Intercoastal, Water
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: No

Lot Info

  • Parcel #: 38434427010510021
  • Lot Size Sq Ft: 22012.0
  • Zoning Description: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 19224.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Ritter James A
Bought by
Lwb Development Llc
Current Estimated Value
$2,027,742

Purchase Details

Closed on
Oct 29, 2020
Sold by
Lw1 Llc
Bought by
Ritter James A

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 13, 2019
Sold by
Lapi West Llc
Bought by
Lw1 Llc
Seller's Agent
brian gleason
The Corcoran Group
Buyer's Agent
brian gleason
The Corcoran Group
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%

Purchase Details

Listed on
Oct 17, 2019
Closed on
Oct 15, 2019
Sold by
Angel Trumpet House Llc
Bought by
Lapi West Llc
Seller's Agent
brian gleason
The Corcoran Group
Buyer's Agent
brian gleason
The Corcoran Group
List Price
$1,500,000
Sold Price
$1,375,000
Premium/Discount to List
-$125,000
-8.33%

Purchase Details

Closed on
May 1, 2013
Sold by
Schar Douglas
Bought by
The Angel Trumpet House Llc

Purchase Details

Listed on
Aug 9, 2011
Closed on
Jan 26, 2012
Sold by
Parsons Sally
Bought by
Schar Douglas
Seller's Agent
Winston Heverly
Winston Realty Inc
Buyer's Agent
Cindy Speering
Coastline Realty, Inc.
List Price
$1,359,000
Sold Price
$725,000
Premium/Discount to List
-$634,000
-46.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.86%

Purchase Details

Closed on
Jun 25, 1999
Sold by
Kleiner and Gail
Bought by
Parsons Sally

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.13%
Mortgage Type
New Conventional
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
Lwb Development Llc $2,000,000 Standard Title
Ritter James A -- Attorney
Bengtsson Eva Ann Cathrin -- Attorney
Lw1 Llc -- None Available
Lapi West Llc $1,375,000 Attorney
The Angel Trumpet House Llc -- None Available
Schar Douglas $725,000 Universal Land Title Llc
Parsons Sally $442,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ritter James A $1,441,000
Previous Owner Parsons Sally $250,000
Previous Owner Parsons Sally $1,000,000
Previous Owner Parsons Sally $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $1,700,000 -10.3% $396 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
12/09/2021 12/09/21 For Sale $1,895,000 +37.8% $442 / Sq Ft
10/17/2019 10/17/19 Sold $1,375,000 -8.3% $321 / Sq Ft
10/17/2019 10/17/19 For Sale $1,500,000 +106.9% $350 / Sq Ft
01/26/2012 01/26/12 Sold $725,000 -46.7% $169 / Sq Ft
12/27/2011 12/27/11 Pending -- -- --
08/09/2011 08/09/11 For Sale $1,359,000 -- $317 / 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 $28,875 $1,110,214 -- --
2023 $26,165 $1,009,285 $0 $0
2022 $25,131 $917,532 $0 $0
2021 $20,012 $834,120 $834,120 $0
2020 $28,245 $1,177,765 $1,140,000 $37,765
2019 $29,773 $1,231,959 $1,200,000 $31,959
2018 $28,063 $1,185,956 $1,157,336 $28,620
2017 $27,973 $1,186,735 $1,157,336 $29,399
2016 $27,653 $1,187,024 $0 $0
2015 $28,406 $1,188,389 $0 $0
2014 -- $1,139,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10763690

BeachesMLS

APN: 38-43-44-27-01-051-0010