$1,400,000
SOLD OCT 8, 2013
1.03 Acres
$1,359,223 Price per Acre
44,867 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

7% Below List Price

383 Days on Market

Highlights

  • On Golf Course
  • 1.03 Acre Lot
  • Paved or Partially Paved Lot
  • Timber Trace Elementary School Rated A
  • Brush Vegetation

About This Lot

As of December 2014

This home site is one of the only golf course properties that may be combined with the adjoining lot (lot 162 if available from the same Seller) to yield one of largest estates within Old Palm. Large estate lot ready for you to build your dream home. OLD PALM GOLF CLUB IS ONE OF THE FINEST CLUBS IN THE COUNTRY OFFERING LIMITED MEMBERSHIP, PRIVACY, LUXURY AND SUPERIOR SERVICES. AN 18 HOLE CHAMPIONSHIP GOLFCOURSE DESIGNED BY RAYMOND FLOYD HAS A 19TH ''BYE'' HOLE AND A PRIVATE GOLF STUDIO OFFERING 3 PRACTICE HOLES, HITTING BAY WITH V-1 SWING ANALYSIS, DUAL ENDED DRIVING RANGE, PRIVATE SHORT GAME, PRACTICE, CHIPPING AND PUTTING GREENS. THE CLUBHOUSE FEATURES PRIVATE DINING, BAR AND LOUNGE AREAS. BOARD ROOM, WINE ROOM, CONCIERGE SERVICES, FITNESS CENTER WITH ... (see supplement for full rem

Last Agent to Sell the Property

Cornelius McGinnis

Old Palm Real Estate License #518268 Listed on: 08/20/2012

Last Buyer's Agent

Jeff Lichtenstein

Echo Fine Properties License #698097

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,323

Lot Details

  • 1.03 Acre Lot
  • On Golf Course
  • East Facing Home
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned Pcd

HOA Fees

  • $693 Monthly HOA Fees

Property Views

  • Golf Course Views

Community Details

  • Old Palm Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52424135060001610

Property Details

Property Type

Land

Est. Annual Taxes

$17,323

Lot Details

0

HOA Fees

$693 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On north side of PGA Blvd, 1 mile west of I-95
  • Special Features: None

Exterior Features

  • View: Golf Course
  • Lot Features: On Golf Course
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: East

Condo/Co-op/Association

  • Association Fee: 693.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 52424135060001610
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.03
  • Lot Size: 200
  • Number Of Lots: 1
  • Zoning Description: Pcd

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 17323.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2015
Sold by
161Op Llc
Bought by
Shively William
Current Estimated Value
$9,851,763

Purchase Details

Listed on
Jul 7, 2014
Closed on
Dec 22, 2014
Sold by
L & M Homes Llc
Bought by
161Op Llc
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Jeff Lichtenstein
Echo Fine Properties
List Price
$2,100,000
Sold Price
$1,775,000
Premium/Discount to List
-$325,000
-15.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.56%
Original Mortgage
$1,775,000
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 20, 2012
Closed on
Oct 4, 2013
Sold by
Wall Charles W and Wall Jayne E
Bought by
L & M Homes Llc
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Jeff Lichtenstein
Echo Fine Properties
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%

Purchase Details

Closed on
Feb 22, 2011
Sold by
Raphaelson Lucille Regina and Raphaelson Robert
Bought by
Wall Charles W

Purchase Details

Closed on
Sep 29, 2006
Sold by
Communities Finance Co Llc
Bought by
Raphaelson Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,250,000
Interest Rate
7.87%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
Not Available
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 $1,833,000 Trident Title Llc
Warranty Deed $1,775,000 Attorney
Warranty Deed $1,400,000 Attorney
Warranty Deed $1,800,000 Attorney
Special Warranty Deed $1,500,000 Dba Wci Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $5,100,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,775,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,775,000 Purchase Money Mortgage
Previous Owner $2,250,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2014 12/27/14 Sold $1,775,000 -15.5% $166 / Sq Ft
11/27/2014 11/27/14 Pending -- -- --
07/07/2014 07/07/14 For Sale $2,100,000 +50.0% $196 / Sq Ft
10/08/2013 10/08/13 Sold $1,400,000 -6.7% $131 / Sq Ft
09/08/2013 09/08/13 Pending -- -- --
08/20/2012 08/20/12 For Sale $1,500,000 -- $140 / 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 $157,131 $7,359,471 -- --
2023 $154,194 $6,690,428 $0 $0
2022 $121,639 $6,082,207 $0 $0
2021 $119,165 $5,717,451 $1,530,000 $4,187,451
2020 $120,831 $5,763,566 $1,440,000 $4,323,566
2019 $142,226 $6,733,493 $1,836,000 $4,897,493
2018 $139,280 $6,753,007 $1,775,527 $4,977,480
2017 $137,955 $6,705,319 $1,690,979 $5,014,340
2016 $37,620 $1,610,456 $0 $0
2015 $34,764 $1,425,182 $0 $0
2014 $29,557 $1,168,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3304463

BeachesMLS

APN: 52-42-41-35-06-000-1610