NOT LISTED FOR SALE

12209 Plantation Way Palm Beach Gardens, FL 33418

Old Palm Neighborhood

Estimated Value: $6,413,079 - $7,397,000

4 Beds
5.5 Baths
5,284 Sq Ft
$1,288/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $4,650,000 $880 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $45,917/month

33 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Home Theater
  • Timber Trace Elementary School Rated A
  • Gated with Attendant
  • Gunite Pool

About This Home

As of August 2021

:Beautiful British West Indies style home in the popular Isle Estates of Old Palm. Spectacular vast golf & water views. Light and clean lines, contemporary interior, Italian white lacquered kitchen cabinets w/stormy sky square edge quartz on island counter & calacatta quartz counter tops. Gourmet kitchen w/Thermador appliances. 36''x36'' Diamond White polished marble flooring in main living area, European white oak in the guest suites. Plush carpet in the master & club room. 16x32 heated salt filtration swimming pool. Coffered ceiling heights from 11' to 15'. Spacious master w/sitting area & very generous custom closets. Outdoor living area in the rear of the home features summer kitchen, 2 seating areas for the whole family to gather and enjoy the serene sunsets. This is not one to miss!

Last Agent to Sell the Property

Lynda Smith

One Sotheby's International Re License #3166340 Listed on: 06/08/2021

One Sotheby's International Re

Co-Listed By

Ariel Hortman

One Sotheby's International Re License #3268125

Last Buyer's Agent

Alex Kaplan

Douglas Elliman (Jupiter) License #3208610

Douglas Elliman (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,610

Year Built

  • Built in 2017

Lot Details

  • 0.39 Acre Lot
  • Fenced
  • Sprinkler System
  • Property is zoned PCD(ci

HOA Fees

  • $1,725 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Concrete Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 5,284 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Motion Detectors
  • Impact Glass

Pool

  • Gunite Pool
  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Co-Op Membership Included
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424135120000280

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, security
  • Private Membership Available
  • Old Palm Pl Subdivision

Amenities

  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Community Pool
  • Community Spa
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,610

Year Built

Built in 2017

Lot Details

0

HOA Fees

$1,725 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 to PGA East for 1 mile, take right on Old Palm Drive to security gate.
  • Year Built: 2017
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Fireplace, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Central Vacuum
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 5284.0
  • Dining Room Type: Den, Family Room, Great Room, Media Room
  • Stories: 1
  • Window Features: Blinds, Drapes, Impact Glass, Sliding

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Golf Course
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool Equipment, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block, Pre-Cast Concrete
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Motion Detectors
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1725.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Gated, Park, Property Manager On-Site, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Management, Private Membership, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 52424135120000280
  • Lot Size Sq Ft: 16919.0
  • Zoning Description: PCD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 60610.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Aug 10, 2021
Sold by
Wellman F Selby F and Wellman Donna B
Bought by
Cerabino Thomas M
Seller's Agent
Lynda Smith
One Sotheby's International Re
Buyer's Agent
Alex Kaplan
Douglas Elliman (Jupiter)
List Price
$4,650,000
Sold Price
$4,650,000
Current Estimated Value
$6,805,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,155,360
Avg. Annual Appreciation
9.44%
Original Mortgage
$2,500,000
Outstanding Balance
$2,263,595
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$4,541,765

Purchase Details

Closed on
Aug 11, 2017
Sold by
Mustapick Homes Inc
Bought by
Wellman Donna B and Wellman F S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.9%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Old Palm Holdings Lp
Bought by
Mustapick Homes Inc
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 Buyer Sale Price Title Company
Cerabino Thomas M $4,650,000 Attorney
Cerabino Thomas M $4,650,000 None Listed On Document
Wellman Donna B $2,242,100 --
Mustapick Homes Inc $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cerabino Thomas M $2,500,000
Closed Cerabino Thomas M $2,500,000
Previous Owner Wellman Donna B --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $4,650,000 0.0% $880 / Sq Ft
07/11/2021 07/11/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $4,650,000 -- $880 / 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 $102,017 $5,024,405 -- --
2023 $98,410 $4,567,641 $0 $0
2022 $81,489 $4,152,401 $0 $0
2021 $61,410 $2,958,489 $800,000 $2,158,489
2020 $60,609 $2,902,854 $800,000 $2,102,854
2019 $65,090 $3,165,987 $800,000 $2,365,987
2018 $57,286 $2,753,664 $780,000 $1,973,664
2017 $17,954 $780,000 $780,000 $0
2016 $12,564 $435,570 $0 $0
2015 $10,852 $395,973 $0 $0
2014 $11,311 $359,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lynda Smith

    One Sotheby's International Re

    (561) 493-7220

    19 in this area

    35 Total Sales

    Lynda Smith
    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Ariel Hortman

    One Sotheby's International Re

    (561) 694-0058

    12 in this area

    23 Total Sales

    Ariel Hortman
    Section Image

  • A

    Buyer's Agent in 2021

    Alex Kaplan

    Douglas Elliman (Jupiter)

    (561) 801-1938

    1 in this area

    55 Total Sales

    Alex Kaplan
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10722355

BeachesMLS

APN: 52-42-41-35-12-000-0280

Florida Palm Beach County Palm Beach Gardens 33418 Old Palm

12209 Plantation Way, Palm Beach Gardens, FL

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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