NOT LISTED FOR SALE

11620 Bald Cypress Ln Lake Worth, FL 33449

Estimated Value: $2,311,000 - $2,866,000

5 Beds
4 Baths
4,835 Sq Ft
$524/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $2,425,000 $502 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,870/month

12 Days on Market

Highlights

  • Boat Ramp
  • Horses Allowed On Property
  • Gunite Pool
  • Panther Run Elementary School Rated A-
  • Gated with Attendant
  • Lake View

About This Home

As of November 2024

You have just found a TRUE ONE OF A KIND HOME in one of the most sought after neighborhoods in all of Wellington! Welcome home to the PREMIER EQUESTRIAN community of HOMELAND! You WILL NOT find another VIEW as breathtaking as this one right here! You will be only one of 7 owners who have access to the private lake for fishing, boating, or kayaking. Whether you're an equestrian or you're just looking for a beautiful home in a peaceful neighborhood this would be the perfect fit for you and yours! This gorgeous home offers you 5 bedrooms each with their own balcony, 4 full bathrooms, over 4,800sqft under air, a 2020 roof, brand new AC units, whole house generator, large central kitchen and expansive rooms with floor to ceiling windows! Homes like this don't come around very often!

Last Agent to Sell the Property

Zakary Klinedinst

EXP Realty LLC License #3487645 Listed on: 09/17/2024

EXP Realty LLC

Last Buyer's Agent

Steve Shalaby

United Realty Group, Inc License #3243582

United Realty Group, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,454

Year Built

  • Built in 1999

Lot Details

  • 10.24 Acre Lot
  • North Facing Home
  • Corner Lot
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Views of Preserve
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,835 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Screened Porch
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Gunite Pool
  • Balcony
  • Open Patio

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00414502010001900

Community Details

Overview

  • Association fees include common areas, security
  • Homeland Subdivision

Recreation

  • Boat Ramp
  • Boating

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,454

Year Built

Built in 1999

Lot Details

10.24 Acres

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1999
  • Horses: Yes
  • Architectural Style: Mediterranean
  • Unit Levels: Multi/Split, Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Kitchen Island, Sitting Area in Primary, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 4835.0
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Built-in Barbecue, Balcony, Barbecue, Outdoor Kitchen, Outdoor Living Area
  • View: Garden, Lake, Pool, Preserve
  • Fencing: Fenced
  • Lot Features: 1-2 Acres, 2-3 Acres, 5-10 Acres, Corner Lot, Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Block, Concrete
  • Direction Faces: North
  • Patio And Porch Features: Covered, Open, Patio, Porch, Screened, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

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

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Security: Security System, Gated with Guard, Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 517.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Boat Facilities, Gated
  • Senior Community: No
  • Amenities: Boating
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 00414502010001900
  • Horse Amenities: Boarding Facilities, Riding Trail, Stable(s)
  • Lot Size Acres: 10.24
  • Lot Size Sq Ft: 446054.4
  • Mobile Dim Units: Feet
  • Zoning: AR

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 31453.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2024
Closed on
Nov 13, 2024
Sold by
Elkordy Shariff and Saleh Flassteen
Bought by
Wassef Mounir and Wassef Karene
Seller's Agent
Zakary Klinedinst
EXP Realty LLC
Buyer's Agent
Steve Shalaby
United Realty Group, Inc
List Price
$2,750,000
Sold Price
$2,425,000
Premium/Discount to List
-$325,000
-11.82%
Views
7
Current Estimated Value
$2,535,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,585
Avg. Annual Appreciation
3.38%
Original Mortgage
$1,425,000
Outstanding Balance
$1,403,446
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,132,139

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 19, 2021
Sold by
Behringer David Allan and Behringer Kathleen Mary
Bought by
Elkordy Shariff and Salch Flassteen
Seller's Agent
Shane Clarke
Keller Williams Realty - Welli
Buyer's Agent
Jaclyn Esposito
MMLS Assoc.-Inactive Member
List Price
$1,449,000
Sold Price
$1,425,000
Premium/Discount to List
-$24,000
-1.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.06%
Original Mortgage
$925,000
Interest Rate
3.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Wassef Mounir $2,425,000 Wexford Title
Wassef Mounir $2,425,000 Wexford Title
Elkordy Shariff $1,425,000 Jackson Title & Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wassef Mounir $1,425,000
Closed Wassef Mounir $1,425,000
Previous Owner Elkordy Shariff $925,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2024 11/13/24 Sold $2,425,000 -11.8% $502 / Sq Ft
09/17/2024 09/17/24 For Sale $2,750,000 +93.0% $569 / Sq Ft
04/19/2021 04/19/21 Sold $1,425,000 -1.7% $295 / Sq Ft View Prior Sale
03/20/2021 03/20/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,449,000 -- $300 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $32,120 $1,839,270 -- --
2024 $32,120 $1,951,395 -- --
2023 $31,454 $1,894,558 $669,822 $1,224,736
2022 $25,901 $1,478,700 $0 $0
2021 $11,991 $674,779 $0 $0
2020 $11,901 $664,061 $0 $0
2019 $11,774 $649,131 $0 $0
2018 $11,194 $637,027 $0 $0
2017 $11,095 $623,925 $0 $0
2016 $11,129 $611,092 $0 $0
2015 $11,388 $606,844 $0 $0
2014 $11,416 $602,028 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11021575

BeachesMLS (Greater Fort Lauderdale)

APN: 00-41-45-02-01-000-1900

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