NOT LISTED FOR SALE

Estimated Value: $6,274,000 - $7,938,000

5 Beds
7 Baths
6,175 Sq Ft
$1,165/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $5,400,000 $874 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $48,567/month

82 Days on Market

Highlights

  • Water Views
  • Beach
  • Gated with Attendant
  • Timber Trace Elementary School Rated A
  • Golf Course Community
  • Saltwater Pool

About This Home

As of September 2021

Beautifully appointed & newly updated Beaumere floor plan on desirable 1/2 acre home site w/ private water feature view. This lavish home boasts a brand new white kitchen with Quartz tops, large island w/ seating & stainless appliances, which is open to the family room featuring a back-lit Quartz wall, tile floors, casual dining area & brand new sliding glass doors that pocket into the wall opening the Family Room up to the covered lanai to allow for great indoor/outdoor entertaining complete with outdoor summer kitchen & built in bbq. The completely renovated resort style pool & spa features a waterfall & fountains; relax under the palm trees or get cozy by the custom built firepit while enjoying the tropical breeze & gorgeous landscaping. The Master suite features a wrap around terrace

Last Agent to Sell the Property

Cornelius McGinnis

Old Palm Real Estate License #518268 Listed on: 05/24/2021

Last Buyer's Agent

Jan Burke

Coldwell Banker Realty License #673388

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $49,977

Year Built

  • Built in 2006

Lot Details

  • 0.5 Acre Lot
  • Fenced
  • Property is zoned PCD(ci

HOA Fees

  • $1,972 Monthly HOA Fees

Parking

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

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 6,175 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Water Views

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Saltwater Pool
  • Patio
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available
  • Underground Utilities
  • Co-Op Membership Included
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424135090002120

Community Details

Overview

  • Association fees include cable TV, security
  • Old Palm Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$49,977

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,972 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From I-95 exit onto PGA Blvd West for approx 1.5 miles to Old Palm Drive. Let the guards know you're meeting Connie or Becky.
  • Year Built: 2006
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, High Ceilings, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile
  • Living Area: 6175.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Other, Water
  • Fencing: Wall
  • Pool Features: Heated, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

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

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1972.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Gated, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Putting Green(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Security

Lot Info

  • Parcel #: 52424135090002120
  • Lot Size Sq Ft: 21749.0
  • Zoning Description: PCD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 49977.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Sep 14, 2021
Sold by
Lahoud John and Lahoud Leslie
Bought by
Keane Michael Edward and Keane Alexandra Rizk
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Jan Burke
Coldwell Banker Realty
List Price
$5,495,000
Sold Price
$5,400,000
Premium/Discount to List
-$95,000
-1.73%
Current Estimated Value
$7,196,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,796,875
Avg. Annual Appreciation
5.05%
Original Mortgage
$3,787,000
Outstanding Balance
$3,447,142
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$3,108,947

Purchase Details

Closed on
Sep 11, 2019
Sold by
Lahoud John and John Lahoud Revocable Trust
Bought by
Lahoud John and John Lahoud Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2015
Sold by
Lahoud John and Lahoud Leslie
Bought by
Lahoud John and John Lahoud Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 12, 2014
Closed on
Jan 21, 2015
Sold by
Branch Banking & Trust Company
Bought by
Lahoud John
Seller's Agent
Sue Lavati
Coldwell Banker Realty
Buyer's Agent
Cornelius McGinnis
Old Palm Real Estate
List Price
$2,300,000
Sold Price
$2,070,000
Premium/Discount to List
-$230,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Sep 25, 2014
Sold by
Harger William and Mackey Natalie Ann
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jun 20, 2012
Sold by
Harger William and Mackey Natalie Ann
Bought by
Old Palm Foundation Inc

Purchase Details

Closed on
Nov 4, 2010
Sold by
Harger William and Harger Natalie Ann
Bought by
Harger William

Purchase Details

Closed on
Nov 28, 2006
Sold by
Communities Finance Co Llc
Bought by
Harger William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
7.33%
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
Keane Michael Edward $5,400,000 Jupiter Title Co Llc
Lahoud John -- Mortgage Connect Lp
Lahoud John -- Bridgetrust Title Group
Lahoud John $2,070,000 Bridgetrust Title Group
Branch Banking & Trust Company $1,328,800 None Available
Old Palm Foundation Inc $11,800 None Available
Harger William -- Attorney
Harger William $3,351,216 First Fidelity Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keane Michael Edward $3,787,000
Closed Keane Michael Edward $3,787,000
Previous Owner Lahoud John $3,000,000
Previous Owner Lahoud John $2,400,000
Previous Owner Harger William $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $5,400,000 -1.7% $874 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $5,495,000 +165.5% $890 / Sq Ft
01/22/2015 01/22/15 Sold $2,070,000 -10.0% $335 / Sq Ft
12/23/2014 12/23/14 Pending -- -- --
12/12/2014 12/12/14 For Sale $2,300,000 -- $372 / 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 $88,571 $4,709,013 -- --
2023 $87,283 $4,571,857 $0 $0
2022 $87,259 $4,438,696 $0 $0
2021 $50,435 $2,379,601 $0 $0
2020 $49,977 $2,346,747 $0 $0
2019 $50,083 $2,293,985 $0 $0
2018 $48,136 $2,251,212 $0 $0
2017 $46,770 $2,204,909 $0 $0
2016 $46,423 $2,159,558 $0 $0
2015 $50,668 $2,254,072 $0 $0
2014 $48,398 $2,042,993 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10718673

BeachesMLS

APN: 52-42-41-35-09-000-2120