NOT LISTED FOR SALE

12391 Banyan Rd North Palm Beach, FL 33408

Estimated Value: $6,646,000 - $10,559,007

5 Beds
7 Baths
8,916 Sq Ft
$903/Sq Ft Est. Value

Last Sold March 10, 2021

Last sale price $5,000,000 $561 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $61,078/month

74 Days on Market

Highlights

  • 178 Feet of Waterfront
  • Gated with Attendant
  • 50,178 Sq Ft lot
  • William T. Dwyer High School Rated A-
  • Private Pool
  • Canal Access

About This Home

As of March 2021

Just steps from the private community beach, this 8,916 square foot single story waterfront estate home is located in one of South Florida's finest communities, Seminole Landing. Through the 24 hour manned gate, located on Banyan Road, the home is surrounded by a canopy of trees and lush vegetation that can put anyone in a relaxed state of mind. Replete with soaring ceilings, a chef's kitchen, 5 bedrooms, 5 full and 2 half baths, this makes a perfect home for entertaining. Outside the house is where lavish meets resort with an expansive deck, a stunning lap pool, and private dock. A guest/staff suite, two separate two car garages, and a full home generator round out this exceptional offering.

Last Agent to Sell the Property

Elizabeth DeWoody

Compass Florida LLC License #3293657 Listed on: 11/25/2020

Compass Florida LLC

Co-Listed By

Peter Conn

Compass Florida LLC License #3442234

Last Buyer's Agent

Erin Sykes

SYKES License #3477065

SYKES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $113,664

Year Built

  • Built in 1995

Lot Details

  • 1.15 Acre Lot
  • 178 Feet of Waterfront
  • River Front
  • Fenced
  • Property is zoned RS

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Garden
  • Pool

Home Design

  • Frame Construction

Interior Spaces

  • 8,916 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Recreation Room
  • Marble Flooring
  • Home Security System
  • Attic

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Canal Access
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434133120000030

Community Details

Overview

  • Association fees include common areas, security, trash
  • Seminole Landing Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$113,664

Year Built

Built in 1995

Lot Details

0

HOA Fees

$500 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East side of US 1 approximately 1 mile north of PGA Blvd. East on PGA from I-95, left heading north on US 1. Seminole Landing is on right. Gate access.
  • Year Built: 1995
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Closet Cabinetry, Dual Sinks, Entrance Foyer, French Door(s)/Atrium Door(s), High Ceilings, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Attic
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Marble
  • Living Area: 8916.0
  • Dining Room Type: Attic, Family Room, Great Room, In-Law Suite, Laundry, Recreation
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Outdoor Grill, Porch, Patio
  • View: Garden, Other, Pool, Water
  • Road Frontage Type: Waterfront
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal Access, River Front
  • Waterfront: Yes
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 500.0
  • Community Features: Gated, Tennis Court(s)
  • Senior Community: No
  • Amenities: Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Security, Trash

Lot Info

  • Parcel #: 00434133120000030
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 50178.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 113664.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Mar 10, 2021
Sold by
Vinchel Mikhael
Bought by
Narlinger Michael H and Narlinger Kimberly R
Seller's Agent
Elizabeth DeWoody
Compass Florida LLC
Buyer's Agent
Erin Sykes
SYKES
List Price
$5,900,000
Sold Price
$5,000,000
Premium/Discount to List
-$900,000
-15.25%
Current Estimated Value
$8,048,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,048,669
Avg. Annual Appreciation
10.98%
Original Mortgage
$3,500,000
Outstanding Balance
$3,119,662
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$4,929,007

Purchase Details

Closed on
Nov 18, 2014
Sold by
Vinchel Mikhail
Bought by
Vinchel Mikhael and Mikhael Vinchel 2014 Revocabsle Trust

Purchase Details

Listed on
May 4, 2011
Closed on
Jan 31, 2012
Sold by
Player Marc and Player Claudia
Bought by
Vinchel Mikhail
Seller's Agent
Denice Sexton
Lost Tree Realty
Buyer's Agent
Denice Sexton
Lost Tree Realty
List Price
$5,950,000
Sold Price
$5,675,000
Premium/Discount to List
-$275,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Sexton Thomas and Sexton Denice
Bought by
Player Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1997
Sold by
Robert Ann M and Robert Leonard
Bought by
Sexton Thomas

Purchase Details

Closed on
Nov 21, 1994
Sold by
Kimlow Inc
Bought by
Leonard Ann M
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
Narlinger Michael H $5,000,000 Attorney
Vinchel Mikhael -- Attorney
Vinchel Mikhael -- None Available
Vinchel Mikhail $5,475,000 Attorney
Player Marc $2,950,000 --
Sexton Thomas $1,737,500 --
Leonard Ann M $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narlinger Michael H $3,500,000
Previous Owner Player Marc $2,000,000
Previous Owner Sexton Thomas $500,000
Closed Player Marc $246,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2021 03/10/21 Sold $5,000,000 -15.3% $561 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $5,900,000 +4.0% $662 / Sq Ft
01/31/2012 01/31/12 Sold $5,675,000 -4.6% $638 / Sq Ft
01/01/2012 01/01/12 Pending -- -- --
05/04/2011 05/04/11 For Sale $5,950,000 -- $669 / 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 $214,870 $13,153,473 -- --
2023 $80,701 $4,722,864 $5,152,339 $5,594
2022 $72,646 $4,293,513 $0 $0
2021 $85,078 $4,847,826 $2,240,000 $2,607,826
2020 $106,189 $5,997,681 $2,000,000 $3,997,681
2019 $113,664 $6,342,793 $2,180,000 $4,162,793
2018 $101,765 $5,855,241 $1,899,400 $3,955,841
2017 $98,988 $5,601,930 $1,609,661 $3,992,269
2016 $97,628 $5,376,380 $0 $0
2015 $97,526 $5,122,822 $0 $0
2014 $89,712 $4,657,111 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Elizabeth DeWoody

    Compass Florida LLC

    (561) 308-0931

    3 in this area

    109 Total Sales

    Elizabeth DeWoody
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Peter Conn

    Compass Florida LLC

    (561) 596-2108

    2 in this area

    62 Total Sales

    Peter Conn
    Section Image

  • E

    Buyer's Agent in 2021

    Erin Sykes

    SYKES

    (561) 437-3373

    2 in this area

    23 Total Sales

    Erin Sykes
    Section Image
  • Denice Sexton

    Seller's Agent in 2012

    Denice Sexton

    Lost Tree Realty

    (561) 662-8344

    10 in this area

    45 Total Sales

    Denice Sexton
    Section Image

  • P

    Seller Co-Listing Agent in 2012

    Peter Erdmann

    Lost Tree Realty

    (561) 626-2202

    8 in this area

    8 Total Sales

    Peter Erdmann
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10674161

BeachesMLS

APN: 00-43-41-33-12-000-0030

Florida Palm Beach County North Palm Beach 33408

12391 Banyan Rd, North Palm Beach, FL

This home is located at 12391 Banyan Rd, North Palm Beach, FL 33408 since 25 November 2020 and is currently estimated at $8,048,669, approximately $902 per square foot. This property was built in 1995. 12391 Banyan Rd is a home located in Palm Beach County with nearby schools including The Conservatory School at North Palm Beach, William T. Dwyer High School, and Batt Private School.

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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