NOT LISTED FOR SALE

Estimated Value: $1,215,000 - $3,644,000

5 Beds
4.5 Baths
4,120 Sq Ft
$612/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $1,635,000 $397 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $14,599/month

186 Days on Market

Highlights

  • Newly Remodeled
  • Vaulted Ceiling
  • Attic
  • Gunite Pool
  • Wood Flooring
  • Great Room

About This Home

As of April 2019

Sam Fisch Development is proud to showcase their take on modern and contemporary design with this new construction masterpiece in the only private gated community in downtown West Palm Beach- Land of the Presidents. 12 La Costa sits on a nearly half acre lot tucked away in a private cul de sac and boasts nearly 6000 sq feet of open spaces, high ceilings, luxury finishes and just about anything one could ask for in a truly unique, custom built home. Features include 25 foot ceiling height in living room with 12.5 feet throughout the rest of the house; nine inch wide distressed white oak wood flooring in entry and all bedrooms and large profile two by four foot matte porcelain tile in main living and dining rooms. The white marble kitchen countertops and backsplashes and massive waterfall

Last Agent to Sell the Property

Sam Fisch

Real Estate Solutions License #3107010 Listed on: 09/21/2018

Co-Listed By

Jessica Hunter

Sterling Real Estate Group LLC License #3223194

Last Buyer's Agent

Derek Olsen

Douglas Elliman License #3308016

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,755

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.38

HOA Fees

  • $308 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,120 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Custom Mirrors
  • Bar
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Den
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Pool

  • Gunite Pool

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307010001040

Community Details

Overview

  • President Country Club Subdivision

Recreation

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,755

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$308 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: IN Lands of the Presidents, Head east/Northeast on Embassy Dr,go through Guard House, house is on East side
  • Year Built: 2018
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Closet Cabinetry, Entrance Foyer, Fireplace, High Ceilings, Custom Mirrors, Split Bedrooms, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Attic
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 4120.0
  • Dining Room Type: Attic, Den, Family Room, Great Room
  • Stories: 2

Exterior Features

  • Pool Features: Gunite, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available

Condo/Co-op/Association

  • Association Fee: 308.0
  • Community Features: Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74434307010001040
  • Zoning Description: RES

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2755.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2018
Closed on
Apr 26, 2019
Sold by
Land Of Presidents Development Llc
Bought by
Bartra Racso G and Bartra Ursula T
Seller's Agent
Sam Fisch
Real Estate Solutions
Buyer's Agent
Derek Olsen
Douglas Elliman
List Price
$1,995,000
Sold Price
$1,635,000
Premium/Discount to List
-$360,000
-18.05%
Current Estimated Value
$2,520,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$885,333
Avg. Annual Appreciation
6.87%
Original Mortgage
$1,230,000
Interest Rate
4.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2017
Bought by
Land Of Presidents Development

Purchase Details

Closed on
Nov 19, 2015
Sold by
Margalit Shinan
Bought by
Florida Foreclosure Investments Llc

Purchase Details

Closed on
Dec 13, 2004
Sold by
Building Technology Inc
Bought by
Shinan Margalit

Purchase Details

Closed on
Sep 5, 2003
Sold by
Arrogante Rachel F
Bought by
Building Technology Inc
Source: Public Records

Range of Values:

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Average Value
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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
Bartra Racso G $1,635,000 Equity Land Title Llc
Land Of Presidents Development -- --
Florida Foreclosure Investments Llc $119,000 Attorney
Shinan Margalit $235,000 --
Building Technology Inc $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Bartra Racso G $1,230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2019 04/26/19 Sold $1,635,000 -18.0% $397 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
09/21/2018 09/21/18 For Sale $1,995,000 -- $484 / 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 $12,881 $1,277,920 -- --
2023 $24,980 $1,240,699 $0 $0
2022 $24,785 $1,204,562 $0 $0
2021 $24,795 $1,169,478 $0 $0
2020 $24,689 $1,153,331 $0 $0
2019 $18,310 $850,631 $188,500 $662,131
2018 $2,753 $127,236 $127,236 $0
2017 $1,870 $94,249 $94,249 $0
2016 $1,654 $73,760 $0 $0
2015 $1,700 $73,760 $0 $0
2014 $1,716 $73,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10466063

BeachesMLS

APN: 74-43-43-07-01-000-1040