NOT LISTED FOR SALE

Estimated Value: $4,904,000 - $5,549,800

5 Beds
7 Baths
5,753 Sq Ft
$909/Sq Ft Est. Value

Last Sold February 11, 2016

Last sale price $2,020,000 $351 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $33,259/month

83 Days on Market

Highlights

  • Beach
  • On Golf Course
  • Saltwater Pool
  • Timber Trace Elementary School Rated A
  • Gated with Attendant
  • Private Membership Available

About This Home

As of February 2016

Must see 5 bedroom plus den/office home located directly on the third hole fairway of the Old Palm Golf Club, Raymond Floyd designed golf course. This home has all the bells and whistles including a custom designed gourmet kitchen with granite countertops and butcher block island, chiseled edge marble throughout, hardwood flooring, hi tech surround sound, built in IPad controls, elevator, tropical landscaped backyard with heated salt pool and custom summer kitchen and cabana bath. This home and Golf Club has everything you could ask for and more including a Beach Club Membership at the renowned Palm Beach Marriott Singer Island Beach Resort & Spa!

Last Agent to Sell the Property

George Tamasi

Illustrated Properties LLC (Co License #3277276 Listed on: 10/20/2015

Illustrated Properties LLC (Co

Co-Listed By

Cris Tamasi

Illustrated Properties LLC (Co License #0501301

Last Buyer's Agent

Michelle Power

KW Reserve License #3066139

KW Reserve

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,392

Year Built

  • Built in 2012

Lot Details

  • On Golf Course
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,618 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 5,753 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Decorative Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Golf Course Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Outdoor Features

  • Saltwater Pool
  • Patio
  • Outdoor Grill

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52424202060001000

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, security
  • Private Membership Available
  • Old Palm Golf 2 Subdivision, Flagler Floorplan

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Community Pool
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,392

Year Built

Built in 2012

Lot Details

0

HOA Fees

$1,618 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 to PGA Blvd. west to Old Palm entrance on right
  • Year Built: 2012
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen/Dining Combo, Pantry, Separate Shower, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 5753.0
  • Dining Room Type: Attic, Den, Family Room, Great Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Golf Course
  • Lot Features: On Golf Course, Sprinklers Automatic
  • Pool Features: Heated, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1618.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Private Membership, Pool, Sauna, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 52424202060001000
  • Lot Size: 1/4 to 1/2 Acre,Golf Fro
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 36392.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 11, 2016
Sold by
Barron John R
Bought by
Sagui Gary
Seller's Agent
George Tamasi
Illustrated Properties LLC (Co
Buyer's Agent
Michelle Power
KW Reserve
List Price
$2,200,000
Sold Price
$2,020,000
Premium/Discount to List
-$180,000
-8.18%
Current Estimated Value
$5,230,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,210,200
Avg. Annual Appreciation
10.42%
Original Mortgage
$1,515,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 26, 2011
Sold by
Old Palm Holdings Lp
Bought by
Courchene Development Corporation
Source: Public Records

Range of Values:

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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
Sagui Gary $2,020,000 Attorney
Courchene Development Corporation $365,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sagui Gary V $1,000,000
Closed Sagui Gary V $1,353,000
Closed Sagui Gary $151,500
Closed Sagui Gary $1,515,000
Previous Owner Barron John R $1,500,000
Previous Owner Barron John R $297,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2016 02/11/16 Sold $2,020,000 -8.2% $351 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
10/20/2015 10/20/15 For Sale $2,200,000 -1.8% $382 / Sq Ft
07/27/2012 07/27/12 Sold $2,239,568 0.0% $392 / Sq Ft
07/25/2012 07/25/12 For Sale $2,239,568 -- $392 / 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 $37,710 $1,930,775 -- --
2023 $37,168 $1,874,539 $0 $0
2022 $37,080 $1,819,941 $0 $0
2021 $37,401 $1,766,933 $400,000 $1,366,933
2020 $38,199 $1,803,325 $400,000 $1,403,325
2019 $38,607 $1,786,251 $400,000 $1,386,251
2018 $38,902 $1,846,472 $386,955 $1,459,517
2017 $37,732 $1,817,364 $0 $0
2016 $39,542 $1,836,845 $0 $0
2015 $37,169 $1,669,859 $0 $0
2014 $36,392 $1,624,206 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10177371

BeachesMLS

APN: 52-42-42-02-06-000-1000