$6,750,000
SOLD JUN 16, 2020

12150 Lost Tree Way North Palm Beach, FL 33408

6 Beds
7 Baths
5,132 Sq Ft
0.43 Acres

Recently Sold

$1,315 Per Sq Ft

362 Days on Market

Highlights

  • Lake Front
  • Property has ocean access
  • Pool and Spa
  • William T. Dwyer High School Rated A-
  • On Golf Course
  • New Construction

About This Home

As of June 2020

Beautiful lake and golf course views from this custom new 6 bedroom 7.5 bath home. Old growth solid Walnut flooring in the kitchen, family room, master bedroom & study. White Dolomite marble flooring, Granite counter tops & custom cabinetry throughout. Copper exterior lighting and gutters. Precision cut cedar shake roofing. 50′ Lap pool and spa.

Last Agent to Sell the Property

David Reback

Reback Realty, Inc. License #BK-0499936 Listed on: 06/14/2019

Last Buyer's Agent

David Reback

REBACK REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,083

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 0.43 Acre Lot
  • Lake Front
  • On Golf Course
  • Southeast Facing Home
  • Gated Home
  • Back Yard Fenced
  • Irregular Lot
  • Property is zoned R1

Home Design

  • Wood Shingle Roof
  • Wood Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,132 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Fireplace
  • Sliding Windows
  • Casement Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 7 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434133070002420

Community Details

Overview

  • Old Port Vlg 2 Subdivision
  • Mandatory Home Owners Association

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,083

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.43
  • Lot Size: 150
  • Subdivision Name: Old Port Vlg 2
  • Directions: PGA BLVD East over US 1 to Jack Nicklaus Dr. Lost Tree Gate House on the left. Left on Lost Tree Way. House on right 1 mile down the road.
  • Above Grade Finished Sq Ft: 52667.0
  • Architectural Style: Two Story
  • Garage Yn: Yes
  • Year Built: 2019
  • Location Tax Legal:Zoned: R1
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 25082.69
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 5132.3
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 150
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:County Water: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Windows:Sliding: Yes
  • Pets:Pets Allowed: Yes
  • General Property Description:Lot SqFt: 18731
  • Exposure:South: Yes
  • Windows:Impact Glass: Yes
  • Exposure:East: Yes
  • Security:Gate House: Yes
  • Auto Garage Door Opener: Yes
  • Security:Security Guards: Yes
  • Windows:Casement: Yes
  • Waterfront:Lakefront: Yes
  • Pool:Salt Water: Yes
  • Lot Size:Irregular Lot: Yes
  • ACHeat:Units Air: Yes
  • ACHeat:Units Heat: Yes
  • Roof:Wood Shingle: Yes
  • Lot Size:Golf Course Lot: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Hardwood, Marble, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Fireplace, Sound System, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 5132.3
  • Window Features: Casement, Impact Glass, Impact Glass-Full, Sliding
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF, Golf Course Lot, Irregular Lot
  • Pool Features: Pool, Salt Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Impact Doors, Impact Windows
  • Roof: Wood
  • Exterior Features:Balcony: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Pool/Spa: Yes
  • Construction:New Construction: Yes

Garage/Parking

  • Parking Features: 2 Car, 4 Car, Attached, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:_four_ Car: Yes

Utilities

  • Security: Gate House, Security Guards, Security System
  • Heating: Central Air, Central Heat, Units Air, Units Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 18731.0
  • Parcel #: 00434133070002420
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 25082.69
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2019
Closed on
Jun 16, 2020
Sold by
Reback David G and Reback Lyette C
Bought by
Vmd Real Estate Llc
Seller's Agent
David Reback
Reback Realty, Inc
Buyer's Agent
David Reback
Reback Realty, Inc
List Price
$7,900,000
Sold Price
$6,750,000
Premium/Discount to List
-$1,150,000
-14.56%
Current Estimated Value
$8,700,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,950,333
Avg. Annual Appreciation
4.92%

Purchase Details

Listed on
May 11, 2012
Closed on
Dec 13, 2013
Sold by
Huffman Linda J
Bought by
Reback David G
Seller's Agent
Denice Sexton
Lost Tree Realty
Buyer's Agent
Sharon Reback
Reback Realty, Inc
List Price
$2,365,000
Sold Price
$1,500,000
Premium/Discount to List
-$865,000
-36.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.99%
Original Mortgage
$1,190,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $6,750,000 Attorney
Warranty Deed $1,462,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,190,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $6,750,000 0.0% $1,315 / Sq Ft
06/16/2020 06/16/20 Sold $6,750,000 0.0% $1,315 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
05/20/2020 05/20/20 Pending -- -- --
06/14/2019 06/14/19 For Sale $6,750,000 -14.6% $1,315 / Sq Ft
03/19/2019 03/19/19 For Sale $7,900,000 +426.7% $1,539 / Sq Ft
12/13/2013 12/13/13 Sold $1,500,000 -36.6% $506 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
05/11/2012 05/11/12 For Sale $2,365,000 -- $798 / 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 $128,901 $6,602,064 -- --
2023 $124,011 $6,001,876 $6,200,930 $3,603,979
2022 $102,844 $5,456,251 $0 $0
2021 $87,041 $4,960,228 $2,645,000 $2,315,228
2020 $71,184 $4,052,824 $0 $0
2019 $26,380 $1,517,466 $0 $0
2018 $25,083 $1,489,172 $0 $0
2017 $25,682 $1,479,421 $0 $0
2016 $25,832 $1,448,992 $0 $0
2015 $26,520 $1,438,920 $0 $0
2014 $26,606 $1,427,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1368

APN: 00-43-41-33-07-000-2420