NOT LISTED FOR SALE

12048 Lost Tree Way North Palm Beach, FL 33408

Estimated Value: $7,624,000 - $9,684,000

4 Beds
5 Baths
4,440 Sq Ft
$1,864/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $3,070,000 $691 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $48,383/month

327 Days on Market

Highlights

  • 125 Feet of Waterfront
  • Property has ocean access
  • Marble Flooring
  • William T. Dwyer High School Rated A-
  • Outdoor Pool
  • Bermuda Architecture

About This Home

As of March 2018

Enjoy the sunrise overlooking a golf course lake and four fairways. Open floorplan includes four bedrooms, study, and four and half baths. Gracious living spaces with beautiful finish work. One of Lost Tree’s most sweeping golf course views available.

Last Agent to Sell the Property

DAVID REBACK

REBACK REALTY INC Listed on: 02/28/2017

Last Buyer's Agent

David Reback

REBACK REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $45,164

Year Built

  • Built in 1999

Lot Details

  • 125 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Gated Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RS

Parking

  • 2 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,440 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Dining Room
  • Library
  • Utility Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Outdoor Pool
  • Heated Pool

Outdoor Features

  • Property has ocean access
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Septic System
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00434133070002460

Community Details

Overview

  • Tropic Isle Subdivision
  • Mandatory Home Owners Association

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$45,164

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 125
  • Subdivision Name: Tropic Isle
  • Directions: PGA BLVD TO JACK NICKLAUS DRIVE. LEFT AT LOST TREE GATE HOUSE.
  • Above Grade Finished Sq Ft: 27120.0
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1999
  • Location Tax Legal:Zoned: RS
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 45163.8
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 4440.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 125
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Pool:Heated - Electric: Yes
  • Security:Gate House: Yes
  • Security:Security Guards: Yes
  • Exposure:West: Yes
  • General Property Description:Waterfront Ftg: 125.0
  • Waterfront:Lakefront: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Electric, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Intercom, Smoke Detectors
  • Living Area: 4440.0
  • Window Features: Single Hung
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool, Fresh Water, Heated - Electric
  • Pool Private: Yes
  • Waterfront Features: Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Built-in Grill, Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Built-in Grill: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached
  • Garage: Yes
  • Garage:_two_ Car: Yes

Utilities

  • Security: Gate House, Security Guards, Security System
  • Heating: Central Air
  • Heating Yn: Yes
  • Water/Sewer/Septic: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 00434133070002460
  • Zoning: RS

Tax Info

  • Tax Annual Amount: 45163.8
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 2, 2018
Sold by
12048 Lost Tree Way Llc
Bought by
Northrup Theodore H and Theodore H Northrup Revocable
Current Estimated Value
$8,275,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$300,296
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$7,275,610

Purchase Details

Listed on
Feb 28, 2017
Closed on
Mar 12, 2018
Sold by
Deblasio Kathleen E
Bought by
12048 Lost Tree Way Llc
Seller's Agent
DAVID REBACK
REBACK REALTY INC
Buyer's Agent
David Reback
REBACK REALTY INC
List Price
$3,070,000
Sold Price
$3,070,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$2,302,500
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1999
Sold by
Hopson Robert L and Ruesch Fae A
Bought by
Deblasio Michael and Deblasio Kathleen

Purchase Details

Closed on
Nov 1, 1996
Sold by
Schumo Robert M and Schumo Margaret K
Bought by
Hopson Robert L and Ruesch Fae A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
8.15%
Mortgage Type
New Conventional
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
Northrup Theodore H $3,700,000 Attorney
12048 Lost Tree Way Llc $3,070,000 Attorney
Deblasio Michael $1,900,000 --
Hopson Robert L $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 12048 Lost Tree Way Llc $2,302,500
Previous Owner Hopson Robert L $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2018 03/12/18 Sold $3,070,000 0.0% $691 / Sq Ft
03/12/2018 03/12/18 Sold $3,070,000 0.0% $691 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
01/21/2018 01/21/18 Pending -- -- --
02/28/2017 02/28/17 For Sale $3,070,000 -30.1% $691 / Sq Ft
01/13/2017 01/13/17 For Sale $4,395,000 -- $990 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $54,109 $3,320,122 -- --
2023 $52,968 $3,223,419 $0 $0
2022 $52,734 $3,129,533 $0 $0
2021 $52,782 $3,038,382 $0 $0
2020 $52,554 $2,996,432 $0 $0
2019 $52,001 $2,929,064 $0 $0
2018 $57,811 $3,316,654 $2,186,976 $1,129,678
2017 $44,890 $2,570,179 $0 $0
2016 $45,164 $2,517,315 $0 $0
2015 $46,375 $2,499,816 $0 $0
2014 $46,528 $2,479,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    DAVID REBACK

    REBACK REALTY INC

  • J

    Seller Co-Listing Agent in 2018

    John Reback

    Reback Realty, Inc

    (561) 313-7763

    25 in this area

    32 Total Sales

    John Reback
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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-543

APN: 00-43-41-33-07-000-2460

Florida Palm Beach County North Palm Beach 33408

12048 Lost Tree Way, North Palm Beach, FL

This home is located at 12048 Lost Tree Way, North Palm Beach, FL 33408 since 28 February 2017 and is currently estimated at $8,275,330, approximately $1,863 per square foot. This property was built in 1999. 12048 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.

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