NOT LISTED FOR SALE

12604 Prosperity Farms Rd Palm Beach Gardens, FL 33410

Frenchman's Creek Neighborhood

Estimated Value: $369,319 - $1,103,000

0.29 Acre
$2,514,900 Price per Acre
12,481 Sq Ft Lot

Last Sold September 22, 2020

Last sale price $525,000

Est. 37% increase in value since last sale

Current estimated payment $4,115/month

14 Days on Market

About This Lot

As of September 2020

Build your dream home on this rarely available half acre lot in the heart of Palm Beach Gardens. Located across from 156 acre protected preserve for increased privacy. There are two income producing homes currently located on the property along with a large warehouse. Just a short drive to the beach, shops, dining and the airport. Asking price reflects the three lots that must be purchased together for a total .56 acres (12604 Prosperity Farms Rd, 2470 Country Oaks Ln, and 2490 Country Oaks Ln). Take advantage of this unique???????????????????????????????????????? opportunity.

Last Agent to Sell the Property

Michael Alexander

Echo Fine Properties License #3470026 Listed on: 08/08/2020

Co-Listed By

Jeff Lichtenstein

Echo Fine Properties License #698097

Last Buyer's Agent

Michael Alexander

Echo Fine Properties License #3470026 Listed on: 08/08/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,977

Lot Details

  • 0.29 Acre Lot
  • Property fronts a county road
  • Site Plan Filed
  • Property is zoned RS

Property Views

  • Garden Views

Listing and Financial Details

  • Assessor Parcel Number 00434132000001271

Property Details

Property Type

Land

Est. Annual Taxes

$1,977

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Prosperity Farms Rd to Country Oaks Lane. This is a package of the corner lot and the two adjoining lots.
  • Special Features: VirtualTour

Exterior Features

  • View: Garden
  • Road Frontage Type: County Road
  • Waterfront: No

Lot Info

  • Parcel #: 00434132000001271
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 12481.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1977.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2020
Closed on
Sep 22, 2020
Sold by
Jasteadt James J and Jesteadt Margaret A
Bought by
Northstar Pros Llc
Seller's Agent
Michael Alexander
Echo Fine Properties
Buyer's Agent
Michael Alexander
Echo Fine Properties
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%
Current Estimated Value
$720,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,580
Avg. Annual Appreciation
5.31%
Original Mortgage
$100,000
Outstanding Balance
$89,944
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$588,650

Purchase Details

Closed on
Oct 1, 2007
Sold by
Jesteadt James J
Bought by
Jesteadt James J
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
Northstar Pros Llc $250,000 Attorney
Jesteadt James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Northstar Pros Llc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2020 09/22/20 Sold $525,000 -4.5% --
08/23/2020 08/23/20 Pending -- -- --
08/08/2020 08/08/20 For Sale $550,000 -- --
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 $2,625 $133,123 -- --
2023 $2,548 $121,021 $157,500 $9,110
2022 $2,427 $110,019 $0 $0
2021 $1,980 $100,017 $90,900 $9,117
2020 $1,976 $99,117 $90,000 $9,117
2019 $1,978 $97,467 $88,200 $9,267
2018 $2,021 $103,093 $93,931 $9,162
2017 $1,910 $94,704 $85,392 $9,312
2016 $1,875 $90,635 $0 $0
2015 $1,787 $82,779 $0 $0
2014 $1,825 $82,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Michael Alexander

    Echo Fine Properties

  • Jeff Lichtenstein

    Seller Co-Listing Agent in 2020

    Jeff Lichtenstein

    Echo Fine Properties

    (561) 346-8383

    21 in this area

    995 Total Sales

    Jeff Lichtenstein
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Map

Source: BeachesMLS

MLS Number: R10645231

BeachesMLS

APN: 00-43-41-32-00-000-1271

Florida Palm Beach County Palm Beach Gardens 33410 Frenchman's Creek

12604 Prosperity Farms Rd, Palm Beach Gardens, FL

This home is located at 12604 Prosperity Farms Rd, Palm Beach Gardens, FL 33410 since 08 August 2020 and is currently estimated at $720,580. 12604 Prosperity Farms Rd is a home located in Palm Beach County with nearby schools including Dwight D. Eisenhower K-8, William T. Dwyer High School, and Howell L. Watkins Middle 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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