NOT LISTED FOR SALE

Estimated Value: $8,142,000 - $11,046,566

5 Beds
8 Baths
7,901 Sq Ft
$1,184/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $4,750,000 $601 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $62,051/month

17 Days on Market

Highlights

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

About This Home

As of August 2017

Beautifully appointed former builder model with stunning golf course view. This home boasts volume ceilings, crown molding throughout, marble floors, his and her master baths, handsome library, theater room and club room, this home has it all! The expansive lanai and custom heated pool and spa are perfect for entertaining, complete with built in summer kitchen and bbq.

Last Agent to Sell the Property

Cornelius McGinnis

Old Palm Real Estate License #518268 Listed on: 07/14/2017

Last Buyer's Agent

Cornelius McGinnis

Old Palm Real Estate License #518268 Listed on: 07/14/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $90,018

Year Built

  • Built in 2008

Lot Details

  • 1.04 Acre Lot
  • Lake Front
  • West Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned PCD(ci

HOA Fees

  • $1,068 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Golf Course

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 7,901 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den

Kitchen

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

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Gunite Pool
  • Patio
  • Exterior Lighting
  • 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 52424135060001720

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

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

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$90,018

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,068 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 2 miles to Old Palm Drive.
  • Year Built: 2008
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, 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: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Living Area: 7901.0
  • Dining Room Type: Den, Family Room, Laundry, Media Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Golf Course, Lake
  • Fencing: Wall
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Green Building Features: Exterior Lighting
  • 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: 1068.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Fitness, Golf, Golf Course Community, Pool, Sauna, Sidewalks
  • Senior Community: No
  • Amenities: Cabana, Clubhouse, 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 #: 52424135060001720
  • Lot Size Sq Ft: 45418.0
  • Zoning Description: PCD(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 90018.0

Multi Family

  • Number Of Units In Community: 316

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2017
Closed on
Aug 31, 2017
Sold by
Shively Willaim J and Shively Donna Margarita
Bought by
Thompson Jay A
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Cornelius McGinnis
Old Palm Real Estate
List Price
$5,500,000
Sold Price
$4,750,000
Premium/Discount to List
-$750,000
-13.64%
Current Estimated Value
$9,867,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,117,387
Avg. Annual Appreciation
9.52%

Purchase Details

Listed on
Nov 23, 2012
Closed on
Jan 29, 2013
Sold by
Pinetree Homes Inc
Bought by
Shively William J
Seller's Agent
Cornelius McGinnis
Old Palm Real Estate
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$5,195,000
Sold Price
$4,700,000
Premium/Discount to List
-$495,000
-9.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.23%

Purchase Details

Closed on
Jun 6, 2005
Sold by
Communities Finance Co Llc
Bought by
Pinetree Homes Inc
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 Buyer Sale Price Title Company
Thompson Jay A $4,250,000 Trident Title
Shively William J $4,500,000 Trident Title Llc
Pinetree Homes Inc $1,100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shively William J $2,820,000
Previous Owner Pinetree Homes Inc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $4,750,000 -13.6% $601 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $5,500,000 +17.0% $696 / Sq Ft
01/29/2013 01/29/13 Sold $4,700,000 -9.5% $623 / Sq Ft
12/30/2012 12/30/12 Pending -- -- --
11/23/2012 11/23/12 For Sale $5,195,000 -- $689 / 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 $77,838 $3,947,653 -- --
2023 $76,755 $3,832,673 $0 $0
2022 $76,713 $3,721,042 $0 $0
2021 $77,403 $3,612,662 $0 $0
2020 $76,821 $3,562,783 $1,440,000 $2,122,783
2019 $96,611 $4,476,069 $1,836,000 $2,640,069
2018 $93,026 $4,362,931 $1,775,527 $2,587,404
2017 $90,589 $4,302,163 $1,690,979 $2,611,184
2016 $90,018 $4,165,539 $0 $0
2015 $84,110 $3,786,854 $0 $0
2014 $78,582 $3,475,261 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10350691

BeachesMLS

APN: 52-42-41-35-06-000-1720