NOT LISTED FOR SALE

Estimated Value: $7,983,925 - $8,844,000

5 Beds
8 Baths
6,931 Sq Ft
$1,219/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $4,395,000 $634 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $54,451/month

429 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Saltwater Pool
  • Timber Trace Elementary School Rated A
  • Fitness Center
  • Clubhouse

About This Home

As of May 2019

Magnificent decorators model situated on fabulous cul-de-sac lot with panoramic lake & golf course views being offered with all furniture, decorative accessories and artwork included. Completely TURNKEY! Offering over 6,846 square ft of living area presenting 5 bedrooms, 6 full baths, 2 half baths, a bonus/club room, an upstairs loft with fabulous lake/golf views, a library/office and a 3 car garage. Endless luxurious finishes & upgrades include limestone flooring, 26' ceilings, custom crown molding, ceiling details throughout, complete Savant system w/speakers, home automation & lighting controls, salt water pool, 5 subzero fridges & 2 wine fridges. Grand living room offers incredible views and a handsome wet bar spilling into the spacious dining room w/adjoining butler's pantry...

Last Agent to Sell the Property

Michael Leibowitz

Leibowitz Realty Group, LLC./PBG License #3002957 Listed on: 02/09/2018

Co-Listed By

Andrew Leibowitz

Leibowitz Realty Group, LLC./PBG License #0596219

Last Buyer's Agent

Geraldine Stanko

Compass Florida LLC License #3334284

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $59,052

Year Built

  • Built in 2014

Lot Details

  • 0.41 Acre Lot
  • Lake Front
  • Property is zoned PCD(ci

HOA Fees

  • $3,026 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course

Home Design

  • Concrete Roof

Interior Spaces

  • 6,931 Sq Ft Home
  • 2-Story Property
  • Furnished
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Pull Down Stairs to Attic

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Saltwater Pool
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424202080000060

Community Details

Overview

  • Association fees include common areas, security
  • Old Palm Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$59,052

Year Built

Built in 2014

Lot Details

0

HOA Fees

$3,026 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take PGA Boulevard or Central Blvd to Old Palm Country Club. Guard will direct you.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Pull Down Attic Stairs, Split Bedrooms, Separate Shower, Walk-In Closet(s), Attic, Loft
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 6931.0
  • Dining Room Type: Attic, Den, Family Room, Loft
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • View: Golf Course, Lake
  • Pool Features: Heated, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Concrete

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, Closed Circuit Camera(s), Fire Sprinkler System, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • 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: 3026.0
  • Community Features: Clubhouse, Fitness Center, Golf, Golf Course Community, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Putting Green(s), Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Security

Lot Info

  • Parcel #: 52424202080000060
  • Lot Size Sq Ft: 17871.0
  • Zoning Description: PCD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 59052.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
May 13, 2019
Sold by
Smith Jeffrey M and Smith Melisa T
Bought by
Paul J Cobuzzi Revocable Trust and Melissa A Cobuzzi Revocable Trust
Seller's Agent
Michael Leibowitz
Leibowitz Realty Group, LLC./PBG
Buyer's Agent
Geraldine Stanko
Compass Florida LLC
List Price
$4,795,000
Sold Price
$4,395,000
Premium/Discount to List
-$400,000
-8.34%
Current Estimated Value
$8,446,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,051,481
Avg. Annual Appreciation
9.84%
Original Mortgage
$1,700,000
Outstanding Balance
$1,461,288
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$6,478,126

Purchase Details

Listed on
Jan 24, 2013
Closed on
Aug 21, 2014
Sold by
Hasey Construction Inc
Bought by
Smith Jeffrey M
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Patricia Mahaney
Sotheby's Intl. Realty, Inc.
List Price
$3,650,000
Sold Price
$3,800,000
Premium/Discount to List
$150,000
4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.12%

Purchase Details

Closed on
Nov 30, 2012
Sold by
Old Palm Holdings Lp
Bought by
Hasey Construction Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paul J Cobuzzi Revocable Trust $4,395,000 Attorney
Smith Jeffrey M $3,500,000 Trident Title Llc
Hasey Construction Inc $787,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul J Cobuzzi Revocable Trust $1,700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $4,395,000 -8.3% $634 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
02/09/2018 02/09/18 For Sale $4,795,000 +26.2% $692 / Sq Ft
08/21/2014 08/21/14 Sold $3,800,000 +4.1% $567 / Sq Ft
07/22/2014 07/22/14 Pending -- -- --
01/24/2013 01/24/13 For Sale $3,650,000 -- $545 / 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 $65,907 $3,440,894 -- --
2023 $64,960 $3,340,674 $0 $0
2022 $64,907 $3,243,373 $0 $0
2021 $65,503 $3,148,906 $0 $0
2020 $64,969 $3,105,430 $0 $0
2019 $62,945 $2,937,087 $0 $0
2018 $60,447 $2,882,323 $0 $0
2017 $59,052 $2,823,039 $0 $0
2016 $58,754 $2,764,975 $0 $0
2015 $63,081 $2,891,177 $0 $0
2014 $18,280 $655,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10404362

BeachesMLS

APN: 52-42-42-02-08-000-0060