NOT LISTED FOR SALE

11587 Lost Tree Way North Palm Beach, FL 33408

Estimated Value: $3,302,000 - $4,830,000

2 Beds
2 Baths
1,490 Sq Ft
$2,250/mo HOA Fee

Last Sold April 29, 2024

Last sale price $4,150,000 $2,785 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $25,167/month

83 Days on Market

Highlights

  • Lake Front
  • Intracoastal View
  • Clubhouse
  • William T. Dwyer High School Rated A-
  • Gated with Attendant
  • Walk-In Closet

About This Home

As of April 2024

Renovated two-bedroom, two-bath golf cottage nestled along the scenic shores of Little Lake Worth in the prestigious Lost Tree Village. This luxurious residence boasts an inviting open floor plan, soaring high ceilings, walk-in closets, and a recently added storage closet for added convenience. Within easy walking distance to the main clubhouse and state-of-the-art fitness center, this property epitomizes the pinnacle of refined living in Lost Tree Village.

Last Agent to Sell the Property

Alexa Hammer

One Sotheby's International Re License #3479430 Listed on: 02/05/2024

One Sotheby's International Re

Co-Listed By

BRIAN FAIRWEATHER, JR.

One Sotheby's International Re License #3350998

Last Buyer's Agent

James Kenny

K2 Realty, Inc. (NPB) License #3067814

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,017

Year Built

  • Built in 1965

Lot Details

  • 2.5

HOA Fees

  • $2,250 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Concrete Roof

Interior Spaces

  • 1,490 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Family Room
  • Intracoastal Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $50,000
  • Assessor Parcel Number 00434204160000060

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance
  • Lost Tree Cond Cottages Subdivision

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,017

Year Built

Built in 1965

Lot Details

0

HOA Fees

$2,250 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
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, French Door(s)/Atrium Door(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Flooring: Other
  • Living Area: 1490.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • View: Intercoastal
  • Pool Features: None
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Security: Gated with Guard, Security Guard
  • 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

  • Association Fee: 2250.0
  • Community Features: Clubhouse, Gated
  • Senior Community: No
  • Amenities: Clubhouse
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

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

Lot Info

  • Parcel #: 00434204160000060
  • Zoning Description: RH--MULT

Rental Info

  • Security Deposit: 50000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 25017.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Apr 29, 2024
Sold by
Waugh James Clancy
Bought by
Caruthers Family Legacy Trust and Edwards
Seller's Agent
Alexa Hammer
One Sotheby's International Re
Buyer's Agent
James Kenny
K2 Realty, Inc. (NPB)
List Price
$4,500,000
Sold Price
$4,150,000
Premium/Discount to List
-$350,000
-7.78%
Views
27
Current Estimated Value
$3,920,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$229,357
Avg. Annual Appreciation
-3.92%

Purchase Details

Closed on
May 15, 2017
Sold by
Barnett Steven J and Barnett Nancy V
Bought by
Waugh James Clancy

Purchase Details

Closed on
May 28, 2015
Sold by
Walter Matthew D and Walter Seanna C
Bought by
Barnett Steven J and Barnett Nancy

Purchase Details

Closed on
Jul 12, 2011
Sold by
Mccarthy Paul E and Mccarthy John I
Bought by
Walter Matthew D and Walter Seanna C

Purchase Details

Closed on
Feb 25, 1997
Sold by
Mccarthy Maureen and Mccarthy Eugene G
Bought by
Mccarthy Eugene G

Purchase Details

Closed on
Jun 5, 1996
Sold by
Hooker Marilyn B
Bought by
Mccarthy Maureen

Purchase Details

Closed on
Mar 1, 1995
Sold by
Hooker A Frank and Hooker Marilyn B
Bought by
Hooker Marilyn B

Purchase Details

Closed on
Sep 20, 1993
Sold by
Hooker A Frank and Hooker Marilyn B
Bought by
Hooker A Frank and Hooker Marilyn B
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
Caruthers Family Legacy Trust $4,150,000 None Listed On Document
Waugh James Clancy $2,100,000 None Available
Barnett Steven J $2,100,000 None Available
Walter Matthew D $827,500 Attorney
Mccarthy Eugene G $100 --
Mccarthy Maureen $435,000 --
Hooker Marilyn B -- --
Hooker A Frank -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2024 04/29/24 Sold $4,150,000 -7.8% $2,785 / Sq Ft
02/05/2024 02/05/24 For Sale $4,500,000 -- $3,020 / 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 $25,570 $1,581,246 -- --
2023 $25,017 $1,535,190 $0 $0
2022 $24,884 $1,490,476 $0 $0
2021 $24,867 $1,447,064 $0 $0
2020 $24,745 $1,427,085 $0 $0
2019 $24,478 $1,395,000 $0 $1,395,000
2018 $29,204 $1,715,000 $0 $1,715,000
2017 $28,342 $1,600,000 $0 $0
2016 $29,109 $1,600,000 $0 $0
2015 $17,169 $807,070 $0 $0
2014 $15,550 $733,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10956893

BeachesMLS

APN: 00-43-42-04-16-000-0060