$1,425,000
SOLD APR 19, 2021

11620 Bald Cypress Ln Lake Worth, FL 33449

5 Beds
4 Baths
4,832 Sq Ft
10 Acres

Recently Sold

$295 Per Sq Ft

2% Below List Price

46 Days on Market

Highlights

  • Lake Front
  • Horses Allowed in Community
  • Private Pool
  • Panther Run Elementary School Rated A-
  • Gated with Attendant
  • Roman Tub

About This Home

As of November 2024

Lakefront estate on private, spring fed lake in Homeland with amazing views as well as acreage for horses. 5 bedrooms, 4 bathrooms + loft & summer kitchen. 2 bedrooms and 2 bathrooms available on main level. Roof was replaced July 2020 and the house generator was upgraded. This unique location offers a lifestyle of fishing, kayaking or use of an electric pontoon boat. The lake is accessible to just 7 homes on Bald Cypress. Kitchen features include electric double ovens, gas top range, granite countertops, an island, storage and stainless appliances. Master bedroom has unmatched lake views and a balcony overlooking the pool & lake. Can you imagine having coffee or glass of wine relaxing there? Master bathroom has all you need with twin sinks and separate shower & tub. The family room

Last Agent to Sell the Property

Peggy Clarke

Keller Williams Realty - Welli License #573178 Listed on: 02/01/2021

Keller Williams Realty - Welli

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,901

Year Built

  • Built in 1999

Lot Details

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

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 4,832 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Loft
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 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

  • Private Pool
  • Balcony
  • Open Patio
  • Shed
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00414502010001900

Community Details

Overview

  • Association fees include security
  • Homeland Subdivision

Recreation

  • Horses Allowed in Community

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,901

Year Built

Built in 1999

Lot Details

0

HOA Fees

$400 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 441 to 50th Street west to Homeland entrance, south to Duckweed Road then left on Bald Cypress tp property.
  • Year Built: 1999
  • 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, Separate Shower, Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 4832.0
  • Dining Room Type: Family Room, Laundry, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio, Shed
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Balcony, Open, Patio
  • 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, 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
  • Utilities: Cable Available, Electricity Available

Condo/Co-op/Association

  • Association Fee: 400.0
  • Community Features: Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Parcel #: 00414502010001900
  • Horse Amenities: Horses Allowed
  • Zoning Description: AR

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11901.0

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%
Views
7
Current Estimated Value
$2,550,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,699
Avg. Annual Appreciation
13.14%
Original Mortgage
$1,425,000
Outstanding Balance
$1,417,997
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$1,232,507

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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Range of Values:

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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: R10689010

BeachesMLS

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