NOT LISTED FOR SALE

Estimated Value: $7,925,000 - $11,038,457

5 Beds
8 Baths
7,129 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $6,300,000 $884 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $61,239/month

179 Days on Market

Highlights

  • Beach
  • Golf Course Community
  • Fitness Center
  • Timber Trace Elementary School Rated A
  • Community Cabanas
  • Gated with Attendant

About This Home

As of March 2021

Luxury abound in this Custom Estate one acre residence with gorgeous golf view. This home boasts stunning ceiling details, beautiful marble with inlays & hand scraped wood floors, handsome club/billiards room, 3 lavish powder rooms, a separate 2 bedroom guest house, state of the art theater room with comfy theater seating & 85'' screen, light and bright kitchen with double islands, Thermador appliances, large walk in pantry and butler pantry. The private dining room is perfect for hosting a dinner party and includes a butler serving area. Relax in the owner's retreat featuring a morning bar, sitting area, bonus room (perfect for an office or exercise area), expansive walk in closets, exquisite master bathroom w/ whirlpool tub, his & her sinks and a makeup vanity. The backyard is a

Last Agent to Sell the Property

Cornelius McGinnis

Old Palm Real Estate License #518268 Listed on: 08/17/2020

Last Buyer's Agent

Geraldine Stanko

Compass Florida LLC License #3334284

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $89,427

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • Fenced
  • Property is zoned PCD(ci

HOA Fees

  • $998 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Golf Course

Home Design

  • Spanish Tile Roof
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 7,129 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Tinted Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Underground Utilities
  • Co-Op Membership Included
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424135060001510

Community Details

Overview

  • Association fees include common areas, cable TV, security
  • Old Palm Subdivision

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Beach
  • Golf Course Community
  • Fitness Center
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Putting Green
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$89,427

Year Built

Built in 2014

Lot Details

0

HOA Fees

$998 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 1.5 miles to Old Palm Drive. Tell the guards to direct you to Connie McGinnis at the Sales Office.
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Fireplace, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 7129.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1
  • Window Features: Impact Glass, Tinted Windows

Exterior Features

  • Exterior Features: Deck, Fence, Outdoor Grill, Patio
  • View: Golf Course, Lake
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Disclosures: Deed Restriction
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Concrete, Spanish Tile, Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 998.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Gated, Pool, Sauna, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, Fitness Center, Golf Course, 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, Security

Lot Info

  • Parcel #: 52424135060001510
  • Lot Size Sq Ft: 44867.0
  • Zoning Description: PCD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 89427.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Apr 9, 2021
Sold by
Park Fa Young and Park Hyeran
Bought by
Park Fa Young and Park Hyeran
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Geraldine Stanko
Compass Florida LLC
List Price
$7,300,000
Sold Price
$6,300,000
Premium/Discount to List
-$1,000,000
-13.7%
Current Estimated Value
$9,366,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,066,152
Avg. Annual Appreciation
8.06%

Purchase Details

Listed on
Aug 17, 2020
Closed on
Mar 15, 2021
Sold by
Pendley William Lehman and Pendley Vera Nell
Bought by
Park Fa Young
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Geraldine Stanko
Compass Florida LLC
List Price
$7,300,000
Sold Price
$6,300,000
Premium/Discount to List
-$1,000,000
-13.7%

Purchase Details

Closed on
Jun 4, 2013
Sold by
Op15u Inc
Bought by
Pendley William Lehman

Purchase Details

Listed on
Apr 9, 2011
Closed on
Mar 30, 2012
Sold by
Harger William R
Bought by
Op151 Inc
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Cornelius McGinnis
Old Palm Real Estate
List Price
$995,000
Sold Price
$1,150,000
Premium/Discount to List
$155,000
15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%
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
Park Fa Young -- Accommodation
Park Fa Young $6,300,000 Attorney
Pendley William Lehman $1,300,000 Trident Title Llc
Op151 Inc $1,150,000 Trident Title Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $6,300,000 -13.7% $884 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
08/17/2020 08/17/20 For Sale $7,300,000 +534.8% $1,024 / Sq Ft
03/30/2012 03/30/12 Sold $1,150,000 +15.6% $161 / Sq Ft
02/29/2012 02/29/12 Pending -- -- --
04/09/2011 04/09/11 For Sale $995,000 -- $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 $111,682 $5,841,347 -- --
2023 $110,090 $5,671,211 $0 $0
2022 $110,093 $5,506,030 $0 $0
2021 $88,164 $4,733,840 $1,360,000 $3,373,840
2020 $75,353 $3,446,933 $1,360,000 $2,086,933
2019 $89,427 $4,073,093 $1,734,000 $2,339,093
2018 $87,810 $4,093,391 $1,723,306 $2,370,085
2017 $85,543 $4,046,153 $1,641,244 $2,404,909
2016 $82,885 $3,761,578 $0 $0
2015 $77,485 $3,419,616 $0 $0
2014 -- $1,133,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10647390

BeachesMLS

APN: 52-42-41-35-06-000-1510