$1,519,000 - $1,729,000
RENTED DEC 1, 2024

11851 Leeth Ct West Palm Beach, FL 33412

5 Beds
5 Baths
3,854 Sq Ft
$423 Price per Sq Ft

Last Sold March 11, 2016

Last sale price $575,000 $149 Per Sq Ft

Est. 184% increase in value since last sale

Current estimated payment $10,137/month

About This Home

As of March 2016

Presenting a spectacular Mediterranean-inspired estate nestled within the prestigious gated community of Bay Hill Estates. This magnificent 5-bedroom, 4.5-bath residence, boasting a 3-car garage, epitomizes luxury living on one of the largest lots, situated at the end of a peaceful cul-de-sac. Enjoying over 1 acre of premier real estate, the home spans nearly 4,000 square feet of living space, with a total of 5,740 square feet, including the enchanting backyard oasis. In 2016, a top-notch renovation completely transformed the entire home, adding an elegant and luxury touch to every corner.Upon arrival, guests are greeted by meticulously maintained landscaping, featuring an array of mature palm trees and the captivating beauty of orchids, earning it the affectionate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2015
Closed on
Mar 11, 2016
Sold by
Koenig Beth and Koenig Mark
Bought by
Tapia Alejandro G
Seller's Agent
Kimberly Foster
Keller Williams Realty Jupiter
Buyer's Agent
Carolina Milanes
Real Estate Sales Force
List Price
$659,000
Sold Price
$575,000
Premium/Discount to List
-$84,000
-12.75%
Current Estimated Value
$1,631,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,056,831
Avg. Annual Appreciation
11.96%
Original Mortgage
$517,442
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2014
Sold by
Koenig David
Bought by
Koenig Mark

Purchase Details

Closed on
Sep 24, 2014
Sold by
Koenig Mark and Koenig Beth
Bought by
Koenig Mark

Purchase Details

Closed on
Mar 22, 2002
Sold by
Maddox Robert D and Maddox Shirley M
Bought by
Koenig Mark K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
3.87%

Purchase Details

Closed on
Jun 10, 1996
Sold by
Four Waves At Bay Hill Ltd
Bought by
Maddox Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,200
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1995
Sold by
Greenleaf Venture Assoc Ltd
Bought by
4 Waves At Bay Hill Ltd
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Tapia Alejandro G $575,000 Patch Reef Title Co Inc
Koenig Mark -- None Available
Koenig Mark -- None Available
Koenig Mark K $550,000 Jupiter Tequesta Cmnty Title
Maddox Robert D $414,600 --
4 Waves At Bay Hill Ltd $337,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Alejandro G $300,000
Open Tapia Alejandro G $764,915
Closed Tapia Alejanro G $246,000
Closed Tapia Alejandro G $517,442
Previous Owner Koenig Mark K $125,000
Previous Owner Koenig Mark K $550,000
Previous Owner Maddox Robert D $316,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2024 12/01/24 Rented $8,000 0.0% --
11/14/2024 11/14/24 Under Contract -- -- --
11/02/2024 11/02/24 For Rent $8,000 0.0% --
10/20/2024 10/20/24 Off Market $8,000 -- --
09/16/2024 09/16/24 For Rent $8,000 0.0% --
03/11/2016 03/11/16 Sold $575,000 -12.7% $149 / Sq Ft
02/10/2016 02/10/16 Pending -- -- --
07/30/2015 07/30/15 For Sale $659,000 -- $171 / Sq Ft

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 $11,729 $659,052 -- --
2023 $11,400 $639,856 $0 $0
2022 $11,518 $621,219 $0 $0
2021 $11,538 $603,125 $0 $0
2020 $11,316 $594,798 $184,000 $410,798
2019 $11,371 $591,352 $0 $0
Source: Public Records

Agents Affiliated with this Home

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