NOT LISTED FOR SALE

11581 Lost Tree Way Unit Cottage 9 North Palm Beach, FL 33408

Estimated Value: $2,101,000 - $2,808,000

2 Beds
4 Baths
1,310 Sq Ft
$568/mo HOA Fee

Last Sold April 30, 2013

Last sale price $720,000 $550 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $15,744/month

123 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Marble Flooring
  • William T. Dwyer High School Rated A-
  • Roman Tub
  • Built-In Features

About This Home

As of April 2013

This is the ideal getaway. Enjoy evening walks with spectacular sunset views on the cottages common grounds overlooking Little Lake Worth. This turn-key 2 Bedroom 2 Bath, cottage is perfect for anyone seeking the lifestyle of Lost Tree Village. The cottages offer all the amenities of a single family residence, but with a maintenance free lifestyle--all you need to do is turn the key. With reserved parking virtually at your front door & within walking distance to the community's luxurious amenities and legendary golf course, this cottage may perfectly suit either the occasional visitor or the permanent resident. For those who might have a bit too much hustle & bustle in their lives, the quietude of a location nearby the peaceful lake, provides a retreat... (see supplement for full remarks)

Last Agent to Sell the Property

David Reback

Reback Realty, Inc License #499936 Listed on: 11/27/2012

Last Buyer's Agent

David Reback

Reback Realty, Inc License #499936 Listed on: 11/27/2012

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,809

Year Built

  • Built in 1965

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $568 Monthly HOA Fees

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include common areas
  • Lost Tree Condo Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00434204160000030

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,809

Year Built

Built in 1965

Lot Details

0

HOA Fees

$568 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: PGA Blvd. East to Lost Tree Village
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Interior Amenities: Bidet, Built-in Features, Dual Sinks, Garden Tub/Roman Tub, High Ceilings, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Wood
  • Living Area: 1310.0
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Association Fee: 568.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 00434204160000030
  • Zoning Description: RE

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 9809.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Apr 25, 2013
Sold by
Federer Andrew Henry and Odette Federer Andrea
Bought by
Mills Jonathan and Mills Constance
Seller's Agent
David Reback
Reback Realty, Inc
Buyer's Agent
David Reback
Reback Realty, Inc
List Price
$775,000
Sold Price
$720,000
Premium/Discount to List
-$55,000
-7.1%
Current Estimated Value
$2,426,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,706,456
Avg. Annual Appreciation
10.27%

Purchase Details

Closed on
Sep 13, 2005
Sold by
Mcdonald Donna E
Bought by
Federer Andrew Henry and Odette Federer Andrea

Purchase Details

Closed on
Jul 28, 2004
Sold by
Collins Atwood and Collins Cynthia W
Bought by
Mcdonald Donna E
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
Mills Jonathan $720,000 Attorney
Federer Andrew Henry $1,300,000 --
Mcdonald Donna E -- --
Collins Atwood $780,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2013 04/30/13 Sold $720,000 -7.1% $550 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
11/27/2012 11/27/12 For Sale $775,000 -- $592 / 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 $27,747 $1,715,000 -- --
2023 $21,208 $1,226,133 $0 $0
2022 $19,783 $1,114,666 $0 $0
2021 $18,695 $1,110,000 $0 $1,110,000
2020 $16,671 $935,000 $0 $935,000
2019 $16,774 $1,045,000 $0 $1,045,000
2018 $19,032 $1,605,000 $0 $1,605,000
2017 $17,923 $1,500,000 $0 $0
2016 $17,810 $629,200 $0 $0
2015 $13,813 $572,000 $0 $0
2014 $10,117 $520,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3327379

BeachesMLS

APN: 00-43-42-04-16-000-0030