$2,425,000
SOLD NOV 13, 2024

11620 Bald Cypress Ln Lake Worth, FL 33449

5 Beds
4 Baths
4,835 Sq Ft
10.24 Acres

Recently Sold

$502 Per Sq Ft

12% Below List Price

57 Days on Market

Highlights

  • Lake Front
  • Boat Ramp
  • Gated with Attendant
  • Panther Run Elementary School Rated A-
  • Horses Allowed in Community
  • Gunite Pool

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
  • Lake Front
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned AR

HOA Fees

  • $517 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • 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
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Gunite Pool
  • Balcony
  • Open Patio
  • Shed
  • Outdoor Grill
  • Porch

Schools

  • Panther Run Elementary School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 00414502010001900
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include common areas, security
  • Homeland Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Horses Allowed in Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,454

Year Built

Built in 1999

Lot Details

0

HOA Fees

$517 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1999
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Split Bedrooms, Separate Shower, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Living Area: 4835.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Porch, Patio, Shed
  • View: Garden, Lake, Pool
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • 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, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 517.0
  • Community Features: Boat Facilities, Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security

Schools

  • Elementary School: Panther Run (Broward)

Lot Info

  • Parcel #: 00414502010001900
  • Horse Amenities: Horses Allowed
  • Lot Size: 1 to < 2 Acres,10 to <25
  • Lot Size Sq Ft: 446054.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 31454.0

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%
Total Days on Market
57
Views
7
Current Estimated Value
$2,611,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,679
Avg. Annual Appreciation
13.39%
Original Mortgage
$1,425,000
Outstanding Balance
$1,417,997
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,193,682

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
Peggy Clarke
Keller Williams Realty - Welli
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

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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
Warranty Deed $2,425,000 Wexford Title
Warranty Deed $2,425,000 Wexford Title
Warranty Deed $1,425,000 Jackson Title & Law
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,425,000 New Conventional
Closed $1,425,000 New Conventional
Previous Owner $529,000 New Conventional
Previous Owner $925,000 New Conventional
Previous Owner $500,000 Credit Line Revolving
Previous Owner $322,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
03/20/2021 03/20/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $1,449,000 -- $300 / 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 $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

MLS Number: R11021575

BeachesMLS

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