NOT LISTED FOR SALE

12137 Plantation Way Palm Beach Gardens, FL 33418

Old Palm Neighborhood

Estimated Value: $6,042,392 - $6,699,000

4 Beds
6 Baths
4,643 Sq Ft
$1,378/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $2,745,000 $591 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $39,534/month

107 Days on Market

Highlights

  • Golf Course Community
  • Community Cabanas
  • Newly Remodeled
  • Timber Trace Elementary School Rated A
  • Gated with Attendant
  • Golf Course View

About This Home

As of March 2016

Impeccable St. Croix floor plan on beautiful 1/3 acre lot with gorgeous golf and lake view. This brand new, professionally decorated home boasts volume ceilings, crown moldings, ceiling and wall details, a mud room, handsome club room, formal living and family room, large walk in closets, beautiful covered lanai, custom pool and spa.

Last Agent to Sell the Property

Cornelius McGinnis

Old Palm Real Estate License #518268 Listed on: 10/29/2015

Last Buyer's Agent

Mitch Frank

Echo Fine Properties License #3088288

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,311

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Property is zoned PCD

HOA Fees

  • $1,575 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 4,643 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Golf Course Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424135120000100

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, security
  • Private Membership Available
  • Old Palm Subdivision, St. Croix Floorplan

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,311

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

HOA Fees

$1,575 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From I-95 exit onto PGA Blvd West for approx. 2 miles to guard gate on the North side of the street.
  • Year Built: 2015
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: Breakfast Bar, Bidet, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Family/Dining Room, Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 4643.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Golf Course
  • Fencing: Wall
  • Pool Features: Gunite, Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: New Construction
  • Roof: Flat, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1575.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Pool, Sauna, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Golf Course, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds, Security

Lot Info

  • Parcel #: 52424135120000100
  • Lot Size Sq Ft: 15666.0
  • Zoning Description: PCD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 11311.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2015
Closed on
Mar 15, 2016
Sold by
Mustapick Estate Homes Inc
Bought by
Lorenz Michael J
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Mitch Frank
Echo Fine Properties
List Price
$2,745,000
Sold Price
$2,745,000
Current Estimated Value
$6,398,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,653,848
Avg. Annual Appreciation
8.88%
Original Mortgage
$1,372,250
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 2, 2015
Sold by
Old Palm Holdings Lp
Bought by
Mustapick Estate Homes Inc
Source: Public Records

Range of Values:

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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
Lorenz Michael J $2,495,000 None Available
Mustapick Estate Homes Inc $525,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenz Michael J $1,000,000
Closed Lorenz Michael J $1,372,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2016 03/15/16 Sold $2,745,000 0.0% $591 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
10/29/2015 10/29/15 For Sale $2,745,000 -- $591 / 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 $46,392 $2,415,486 -- --
2023 $45,720 $2,345,132 $0 $0
2022 $45,643 $2,276,827 $0 $0
2021 $46,053 $2,210,512 $0 $0
2020 $45,613 $2,179,992 $0 $0
2019 $45,472 $2,130,979 $0 $0
2018 $43,663 $2,091,245 $540,000 $1,551,245
2017 $44,025 $2,094,020 $540,000 $1,554,020
2016 $42,929 $2,005,328 $0 $0
2015 $10,852 $395,973 $0 $0
2014 $11,311 $359,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cornelius McGinnis

    Old Palm Real Estate

  • M

    Buyer's Agent in 2016

    Mitch Frank

    Echo Fine Properties

    (561) 601-3700

    27 Total Sales

    Mitch Frank
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Map

Source: BeachesMLS

MLS Number: R10180088

BeachesMLS

APN: 52-42-41-35-12-000-0100

Florida Palm Beach County Palm Beach Gardens 33418 Old Palm

12137 Plantation Way, Palm Beach Gardens, FL

This home is located at 12137 Plantation Way, Palm Beach Gardens, FL 33418 since 29 October 2015 and is currently estimated at $6,398,848, approximately $1,378 per square foot. This property was built in 2015. 12137 Plantation Way is a home located in Palm Beach County with nearby schools including Timber Trace Elementary School, William T. Dwyer High School, and Watson B. Duncan Middle 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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