NOT LISTED FOR SALE

11975 Lost Tree Way North Palm Beach, FL 33408

Estimated Value: $7,422,000 - $8,725,542

4 Beds
4.5 Baths
4,696 Sq Ft
$1,731/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $7,225,000 $1,539 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $57,695/month

155 Days on Market

Highlights

  • Property has ocean access
  • Beach
  • Gated with Attendant
  • William T. Dwyer High School Rated A-
  • Home fronts navigable water
  • Concrete Pool

About This Home

As of May 2019

Custom designed residence situated on Little Lake Worth with stunning water views and access to the Atlantic Ocean. This home has 3 bedrooms, plus a den as an optional 4th bedroom. A large family room with a Chef's kitchen and custom bar is perfect for entertaining family and friends in this waterfront home. Impact glass and a full house generator make this a very secure home.

Last Agent to Sell the Property

Sheila Crosby

One Sotheby's International Re License #3221532 Listed on: 10/27/2018

One Sotheby's International Re

Co-Listed By

Melanie Barre

One Sotheby's International Re License #3292644

Last Buyer's Agent

James Kenny

K2 Realty, Inc. (NPB) License #3067814

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $83,532

Year Built

  • Built in 2004

Lot Details

  • 0.42 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Sprinkler System
  • Property is zoned RS

HOA Fees

  • $596 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Property Views

  • Lake
  • Canal

Home Design

  • Concrete Roof

Interior Spaces

  • 4,696 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Awning
  • Blinds
  • Arched Windows
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Concrete Pool
  • Property has ocean access
  • Seawall
  • Balcony
  • Open Patio

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Co-Op Membership Included
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434133070002690

Community Details

Overview

  • Association fees include cable TV, security, trash
  • Old Port Village 2 Subdivision

Recreation

  • Beach
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$83,532

Year Built

Built in 2004

Lot Details

0

HOA Fees

$596 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA Blvd East , continue straight to Jack Nicklaus Drive. Left at traffic light - Lost Tree Gate House. Go left past gate house. House is on your left.
  • Year Built: 2004
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Walk-In Closet(s), Attic, Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Tile
  • Living Area: 4696.0
  • Dining Room Type: Attic, Den, Family Room, Great Room, Laundry, Loft
  • Stories: 2
  • Window Features: Arched, Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Patio, Awning(s)
  • View: Canal, Lake
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, On Street, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Gas, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 596.0
  • Community Features: Beach, Club Membership Available, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Security, Trash

Lot Info

  • Parcel #: 00434133070002690
  • Lot Size Sq Ft: 18360.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 83532.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2021
Sold by
Edwards William D and Kox Main Trust
Bought by
Richards Brad and Richards Rechelle
Current Estimated Value
$8,127,181

Purchase Details

Listed on
Oct 27, 2018
Closed on
May 1, 2019
Sold by
Crosby Sheila
Bought by
Knox Main Trust
Seller's Agent
Sheila Crosby
One Sotheby's International Re
Buyer's Agent
James Kenny
K2 Realty, Inc. (NPB)
List Price
$7,900,000
Sold Price
$7,225,000
Premium/Discount to List
-$675,000
-8.54%

Purchase Details

Closed on
Jun 12, 2017
Sold by
Bayer Charles M and Bank Comerica
Bought by
Bayer Charles M and Bank Comerica

Purchase Details

Closed on
Sep 8, 2004
Sold by
Reback John P and Reback Kirsten L
Bought by
Biggs Raymond J

Purchase Details

Closed on
Aug 10, 2001
Sold by
Miles L Marsh M and Lorna A Marsh M
Bought by
Reback John P and Reback Kirsten L
Source: Public Records

Range of Values:

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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
Richards Brad $8,100,000 Attorney
Knox Main Trust -- Attorney
Knox Main Trust -- Attorney
Knox Main Trust -- Attorney
Knox Main Trust $7,225,000 Attorney
Bayer Charles M -- None Available
Biggs Raymond J $4,500,000 --
Reback John P $1,615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reback John P $275,000
Previous Owner Reback John P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $7,225,000 -8.5% $1,539 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
10/27/2018 10/27/18 For Sale $7,900,000 -- $1,682 / 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 $168,121 $10,369,456 -- --
2023 $118,259 $7,074,144 $7,400,000 $0
2022 $108,286 $6,431,040 $0 $0
2021 $112,040 $6,425,818 $4,032,000 $2,393,818
2020 $105,059 $5,966,235 $3,780,000 $2,186,235
2019 $88,263 $4,988,137 $0 $0
2018 $83,926 $4,895,130 $0 $0
2017 $83,532 $4,794,447 $3,121,236 $1,673,211
2016 $85,848 $4,796,166 $0 $0
2015 $84,638 $4,533,793 $0 $0
2014 $55,838 $2,991,754 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Sheila Crosby

    One Sotheby's International Re

    (561) 371-1948

    4 in this area

    10 Total Sales

    Sheila Crosby
    Section Image
  • Melanie Barre

    Seller Co-Listing Agent in 2019

    Melanie Barre

    One Sotheby's International Re

    (561) 818-1981

    7 in this area

    21 Total Sales

    Melanie Barre
    Section Image

  • J

    Buyer's Agent in 2019

    James Kenny

    K2 Realty, Inc. (NPB)

    (561) 691-1223

    23 in this area

    38 Total Sales

    James Kenny
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10476257

BeachesMLS

APN: 00-43-41-33-07-000-2690

Florida Palm Beach County North Palm Beach 33408

11975 Lost Tree Way, North Palm Beach, FL

This home is located at 11975 Lost Tree Way, North Palm Beach, FL 33408 since 27 October 2018 and is currently estimated at $8,127,181, approximately $1,730 per square foot. This property was built in 2004. 11975 Lost Tree Way is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, William T. Dwyer High School, and The Benjamin Private School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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