NOT LISTED FOR SALE

Estimated Value: $7,951,000 - $13,176,110

7 Beds
9 Baths
10,418 Sq Ft
$936/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $5,500,000 $528 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $61,582/month

51 Days on Market

Highlights

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

About This Home

As of January 2020

STUNNING CUSTOM ESTATE ON OVER ONE ACRE OF METICULOUSLY LANDSCAPED GROUNDS OVERLOOKING THE LAKE WITH DESIGNER FOUNTAIN FEATURE AND PRESERVE. BEAUTIFULLY APPOINTED INTERIOR WITH CONTEMPORARY TOUCHES. 7 BEDROOMS WHICH INCLUDE A PRIVATE GUEST WING WITH BREAKFAST BAR AND ENTRANCE. HIGH CEILINGS THROUGHOUT WITH WOOD BEAM ACCENTS. LARGE ENTERTAINMENT SPACE WITH GOLF SIMULATOR/THEATER & BAR. MASTER SUITE OVERLOOKING THE LAKE AND DESIGNER POOL & SPA. EXPANSIVE INDOOR/OUTDOOR LOGGIA FULLY AC'ED WITH SUMMER KITCHEN & FULL BAR, FIREPLACE AND TV'S. HUGE DISAPPEARING SLIDERS OPEN THE ROOM TO POOL AND WONDERFUL LAKE VIEWS. VERY PRIVATE LOCATION WITH LARGE MOTORCADE AND CIRCULAR DRIVE. COME SEE THIS BEAUTIFUL LAKEFRONT ESTATE AND ALL OLD PALM HAS TO TO OFFER.

Last Agent to Sell the Property

Michael Gazlay

K2 Realty, Inc. (NPB) License #3069699 Listed on: 10/31/2019

Last Buyer's Agent

Fanning Hearon

K2 Realty, Inc. (NPB) License #3419244

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,535

Year Built

  • Built in 2014

Lot Details

  • 1.03 Acre Lot
  • Lake Front
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Fruit Trees
  • Property is zoned PCD(ci

HOA Fees

  • $1,050 Monthly HOA Fees

Parking

  • 5 Car Attached Garage
  • Garage Apartment
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lake
  • Garden
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 10,418 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Theater
  • Den
  • Recreation Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling
  • Co-Op Membership Included
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424135060002020

Community Details

Overview

  • Association fees include common areas, cable TV, security, trash, internet
  • Private Membership Available
  • Old Palm Subdivision

Amenities

  • Sauna
  • Clubhouse
  • Business Center
  • Community Wi-Fi

Recreation

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

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Phone Entry

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,535

Year Built

Built in 2014

Lot Details

0

HOA Fees

$1,050 per month

Parking

5

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: PGA BLVD TO OLD PALM DRIVE OR CENTRAL BLVD TO GATE
  • Year Built: 2014
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Closet Cabinetry, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Jetted Tub, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Water Purifier, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 10418.0
  • Dining Room Type: Den, Family Room, Garage Apartment, Laundry, Media Room, Recreation
  • Stories: 1
  • Window Features: Blinds, Drapes, Impact Glass

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Outdoor Grill, Patio
  • View: Garden, Lake, Pool
  • Fencing: Wall
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Heated, Pool Equipment, Pool, Salt Water, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Garage Apartment
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 5.0
  • Attached Garage: Yes
  • Garage Spaces: 5.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Golf Cart Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Motion Detectors, Phone Entry, Security Guard, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • 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: 1050.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community, Internet Access, Property Manager On-Site, Pool, Sauna, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Business Center, Clubhouse, Golf Course, Management, 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, Security, Trash, Internet

Lot Info

  • Parcel #: 52424135060002020
  • Lot Size Sq Ft: 44810.0
  • Zoning Description: PCD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 90535.0

Multi Family

  • Number Of Units In Community: 325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2019
Closed on
Jan 21, 2020
Sold by
Oosthuizen Louis T and Oosthuizen Revocable T Louis T
Bought by
Tillinghast Palms Llc
Seller's Agent
Michael Gazlay
K2 Realty, Inc. (NPB)
Buyer's Agent
Fanning Hearon
K2 Realty, Inc. (NPB)
List Price
$5,895,000
Sold Price
$5,500,000
Premium/Discount to List
-$395,000
-6.7%
Current Estimated Value
$9,752,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,252,370
Avg. Annual Appreciation
10.71%
Original Mortgage
$3,850,000
Outstanding Balance
$1,069,699
Interest Rate
3.73%
Mortgage Type
Commercial
Estimated Equity
$8,700,845

Purchase Details

Closed on
Aug 6, 2013
Sold by
Old Palm Holdings Lp
Bought by
Oosthuizen Lodewicus T and Louis Oosthuizen Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
4.43%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tillinghast Palms Llc $5,500,000 Attorney
Oosthuizen Lodewicus T $850,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tillinghast Palms Llc $3,850,000
Previous Owner Oosthuizen Lodewicus $2,645,328
Previous Owner Oosthuizen Lodewicus T $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $5,500,000 -6.7% $528 / Sq Ft
12/22/2019 12/22/19 Pending -- -- --
10/31/2019 10/31/19 For Sale $5,895,000 -- $566 / 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 $102,876 $4,839,190 -- --
2023 $101,156 $4,399,264 $0 $0
2022 $82,689 $3,999,331 $0 $0
2021 $86,146 $4,020,762 $880,000 $3,140,762
2020 $80,213 $3,694,490 $880,000 $2,814,490
2019 $93,499 $4,278,275 $1,122,000 $3,156,275
2018 $90,535 $4,234,213 $1,139,930 $3,094,283
2017 $89,252 $4,234,362 $1,085,648 $3,148,714
2016 $85,745 $3,859,638 $0 $0
2015 $80,188 $3,508,762 $0 $0
2014 $17,647 $605,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10574082

BeachesMLS

APN: 52-42-41-35-06-000-2020