$470,000
SOLD MAY 16, 2017

11373 Twelve Oaks Way North Palm Beach, FL 33408

2 Beds
2 Baths
1,907 Sq Ft
$627/mo HOA Fee

Recently Sold

$246 Per Sq Ft

62 Days on Market

Highlights

  • Docks
  • Tennis Courts
  • Clubhouse
  • Property fronts an intracoastal waterway
  • Outdoor Pool
  • Property is near a clubhouse

About This Home

As of April 2018

The home at 11373 Twelve Oaks Way is a charming two bedroom, two bath house that has had an extensive renovation done in 2014. The approach to the entry is through a beautiful, tropical courtyard under a covered entry porch. New 24” porcelain tile flooring, beautiful cherry kitchen cabinetry with granite countertops and KitchenAid appliances, separate laundry room & an oversized one-car garage. Twelve Oaks is a delightful small community of condominium homes and apartments tucked away in an ideal location convenient to all that north P.B. County has to offer, fine dining, world class shopping and water sports. Imagine the hammock of towering live oak trees dripping Spanish moss creating a "time gone by" atmosphere and welcoming the ocean breezes from the protected harbor of Little Lake Worth. The Twelve Oaks Marina offers boat slips for sale and lease ranging in size from 30' to 80' with direct access to the Atlantic from the P.B. Inlet just minutes away. Several swimming pools and 4 tennis courts are available to residents. A twenty four hour guarded gate and on-site management office and grounds crew offer the friendliest and most efficient service.
The home at 11373 Twelve Oaks Way is a charming two bedroom, two bath house that has had an extensive renovation done in 2014. The approach to the entry is through a beautiful, tropical courtyard under a covered entry porch. New 24" porcelain tile flooring, beautiful cherry kitchen cabinetry with granite countertops and KitchenAid appliances, separate laundry room & an oversized one-car garage (Tesla ready). Beautiful moldings throughout, a coffered & open beamed ceiling clad in pickled cypress in the living room along with a built in bar including an icemaker, bar storage and bar refrigerator. A separate dining room overlooks the covered porch. The spacious master bedroom has a walk-in closet plus two double closets. The master bath is nicely sized with a large shower, double vanity and an adjoining small atrium. All exterior maintenance (roof, painting, lawn & gardening) is included in your maintenance fee, and along with all "impact" windows and doors it makes leaving this Florida nest behind as easy as locking the door!

Last Agent to Sell the Property

Lynn Warren

Sotheby's International Realty, Inc. License #SL-497454 Listed on: 03/08/2017

Sotheby's International Realty, Inc.

Co-Listed By

Gary Little

Sotheby's International Realty, Inc. License #SL-497423

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $4,160

Year Built

  • Built in 1983

Lot Details

  • Property fronts an intracoastal waterway
  • Home has sun exposure from multiple directions
  • Gated Home

HOA Fees

  • $627 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,907 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Docks
  • Tennis Courts
  • Patio
  • Lanai

Location

  • Property is near a clubhouse

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 68434204190040650

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior
  • 198 Units
  • Twelve Oaks Community
  • On-Site Maintenance

Amenities

  • Common Area
  • Clubhouse

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$4,160

Year Built

Built in 1983

Lot Details

0

HOA Fees

$627 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Twelve Oaks
  • Year Built: 1983
  • Location Tax Legal:Name of Building: Twelve Oaks
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 4160.45
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 1907.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 1881.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 198
  • General Property Description:_pound_ Floors: 1.0
  • Waterfront-Building:ICW-Across Street: Yes
  • Exposure of Unit:East2: Yes
  • Exposure of Unit:South2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Exposure of Unit:North2: Yes
  • Floors:WW Carpeting: Yes
  • Pets:Pets Allowed: Yes
  • Security:Gate House: Yes
  • Exposure of Unit:West2: Yes
  • Security:Security Guards: Yes
  • Maintenance Includes:Cable TV: Yes
  • Pool:Heated Elec: Yes
  • Dock:Dock Space Available: Yes
  • Waterfront-Unit:ICW-Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Ice Maker, Washer, Dryer, Range - Electric
  • Total Bedrooms: 2
  • Flooring: Tile, W/W Carpeting
  • Interior Amenities: Cable, Ceiling Fan, Wet Bar, Pantry
  • Living Area: 1907.0
  • Stories: 1
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Pool Features: Pool, Heated Elec
  • Pool Private: Yes
  • Exterior Features: Patio/Lanai, Tennis Court - Hard, Clubhouse
  • Exterior Features:Tennis Court - Hard: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Clubhouse: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_one_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Unit
  • Security: Gate House, Security Guards
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior

Lot Info

  • Development Status: Land Owned
  • Parcel #: 68434204190040650
  • Zoning: RD-1

Multi Family

  • Number Of Units Total: 198
  • Maintenance Expense: 1881.0

Tax Info

  • Tax Annual Amount: 4160.45
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2018
Closed on
Apr 12, 2018
Sold by
Nolen Carolanna Gayle and Nolen Carolanna Gayle
Bought by
Demoraes Ron and Demoraes Leslie
Seller's Agent
Carolanna Nolen
Oakstrand Realty
Buyer's Agent
Mark Paladino
Illustrated Properties, LLC
List Price
$529,000
Sold Price
$510,000
Premium/Discount to List
-$19,000
-3.59%
Current Estimated Value
$916,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,100
Avg. Annual Appreciation
8.41%
Original Mortgage
$260,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2017
Closed on
May 16, 2017
Sold by
Warren Lynn and Lynn Warren Revocable Trust
Bought by
Nolen Carolanna Gayle and Carolanna Gayle Nolen Revocable Trust
Seller's Agent
Lynn Warren
Sotheby's International Realty, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$470,000
Sold Price
$470,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%

Purchase Details

Closed on
Sep 17, 2015
Sold by
Warren Aaron Lynn
Bought by
Warren Lynn and Lynn Warren Revocable Trust

Purchase Details

Closed on
Jul 18, 2013
Sold by
Olliff Thomas W and Olliff Carolyn A
Bought by
Warren Aaron Lynn

Purchase Details

Closed on
Sep 2, 2011
Sold by
Coffey Douglas W and Coffey Dori M
Bought by
Olliff Thomas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,500
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Oneill John F and Oneill Patricia L
Bought by
Coffey Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.95%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Wood Nancy D
Bought by
Oneill John F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
7.99%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $510,000 None Available
Warranty Deed $470,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $234,500 Attorney
Warranty Deed $209,500 The Title Network Inc
Warranty Deed $245,000 --
Warranty Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Closed $260,000 New Conventional
Previous Owner $231,000 Adjustable Rate Mortgage/ARM
Previous Owner $64,500 New Conventional
Previous Owner $155,000 No Value Available
Previous Owner $100,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2018 04/12/18 Sold $510,000 -3.6% $267 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $529,000 +12.6% $277 / Sq Ft
05/16/2017 05/16/17 Sold $470,000 0.0% $246 / Sq Ft
05/09/2017 05/09/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $470,000 -- $246 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $7,514 $417,717 -- --
2023 $7,148 $405,550 $0 $0
2022 $7,090 $393,738 $0 $0
2021 $7,060 $382,270 $0 $382,270
2020 $7,249 $382,365 $0 $382,365
2019 $8,019 $415,000 $0 $415,000
2018 $6,090 $290,000 $0 $290,000
2017 $4,168 $237,711 $0 $0
2016 $4,160 $232,822 $0 $0
2015 $4,132 $225,940 $0 $0
2014 $4,133 $224,147 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-638

APN: 68-43-42-04-19-004-0650