NOT LISTED FOR SALE

Estimated Value: $7,164,000 - $8,985,837

6 Beds
7.5 Baths
10,707 Sq Ft
$739/Sq Ft Est. Value

Last Sold June 24, 2014

Last sale price $2,850,000 $266 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $51,512/month

233 Days on Market

Highlights

  • Golf Course Community
  • Gated with Attendant
  • Private Pool
  • Timber Trace Elementary School Rated A
  • Home Theater
  • Golf Course View

About This Home

As of June 2014

Offered at $2,500,000 less than original cost. Approved short sale. Home must be purchased furnished. Furnished price is $3,591,800 with furniture valued at $600,000. The price on the listing is the approved short sale price. Golf membership available at additional cost but it is not mandatory to purchase this property. All information is deemed reliable but not guaranteed. Private cul-de-sac with easy access to course, clubhouse and driving range. Every amenity imaginable including putting green, children's play area, theater room, fully equipped gym, game room, library, study, bonus room and 4 car garage. This is the best value for the money.

Last Agent to Sell the Property

Glenn Goldstein

Inactive Member License #562853 Listed on: 10/03/2013

Last Buyer's Agent

David Reback

Reback Realty, Inc License #499936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $69,183

Year Built

  • Built in 2007

Lot Details

  • 0.79 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Sprinkler System
  • Property is zoned PLD

HOA Fees

  • $1,599 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Golf Course
  • Garden
  • Pool

Home Design

  • Spanish Tile Roof
  • Tile Roof
  • Stone

Interior Spaces

  • 10,707 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Bar
  • High Ceiling
  • Tinted Windows
  • Family Room
  • Formal Dining Room
  • Home Theater

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Deck
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

  • Assessor Parcel Number 52424135090002050

Community Details

Overview

  • Association fees include common areas, cable TV, security, trash
  • Old Palm 4 Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$69,183

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,599 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: old palm, one mile west of I95 on PGA
  • Year Built: 2007
  • Year Built Details: Resale
  • Special Features: 4108

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, High Ceilings, Bar, Walk-In Closet(s)
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Carpet, Marble, Other
  • Living Area: 10707.0
  • Dining Room Type: Family Room, Media Room
  • Stories: 2
  • Window Features: Tinted Windows

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Patio
  • View: Golf Course, Garden, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Stone
  • Direction Faces: South
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1599.0
  • Community Features: Clubhouse, Fitness, Golf, Golf Course Community, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Security, Trash

Lot Info

  • Parcel #: 52424135090002050
  • Lot Size Sq Ft: 34412.0
  • Zoning Description: PLD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 69183.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Jun 16, 2014
Sold by
Beckman Matthew J and Beckman Sherri S
Bought by
Harnischfeger Henry and Harnischfeger Linda J P
Seller's Agent
Glenn Goldstein
Inactive Member
Buyer's Agent
David Reback
Reback Realty, Inc
List Price
$3,399,000
Sold Price
$2,850,000
Premium/Discount to List
-$549,000
-16.15%
Total Days on Market
233
Current Estimated Value
$7,908,946

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,058,946
Avg. Annual Appreciation
9.57%
Original Mortgage
$1,995,000
Outstanding Balance
$1,416,386
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,492,560

Purchase Details

Closed on
Sep 28, 2007
Sold by
Onshore Construction & Development Inc
Bought by
Beckman Matthew J and Beckman Sherri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2005
Sold by
Communities Finance Co Llc
Bought by
Onshore Construction & Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,150,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Harnischfeger Henry $2,850,000 All Florida Land Title Co
Beckman Matthew J $5,250,000 Attorney
Onshore Construction & Development Inc $1,000,000 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrnishfeger Henry $500,000
Open Harnischfeger Henry $1,995,000
Previous Owner Beckman Matthew J $4,000,000
Previous Owner Beckman Matthew J $4,200,000
Previous Owner Onshore Construction & Development Inc $3,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2014 06/24/14 Sold $2,850,000 -16.2% $266 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
10/03/2013 10/03/13 For Sale $3,399,000 -- $317 / 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 $81,838 $4,315,377 -- --
2023 $80,655 $4,189,686 $0 $0
2022 $80,623 $4,067,656 $0 $0
2021 $81,379 $3,949,181 $0 $0
2020 $80,764 $3,894,656 $990,000 $2,904,656
2019 $81,892 $3,872,911 $900,000 $2,972,911
2018 $81,723 $3,920,885 $946,183 $2,974,702
2017 $78,774 $4,123,344 $860,167 $3,263,177
2016 $69,715 $3,249,857 $0 $0
2015 $75,327 $3,422,320 $0 $0
2014 $79,470 $3,517,199 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R9982807

BeachesMLS

APN: 52-42-41-35-09-000-2050