$500,000
SOLD AUG 22, 2014

12980 Sabal Chase West Palm Beach, FL 33418

Old Marsh Golf Club Neighborhood
0.56 Acre
$892,857 Price per Acre
24,394 Sq Ft Lot

Recently Sold

32 Days on Market

Highlights

  • Lake Front
  • Marsh Pointe Elementary School Rated A
  • On Golf Course

About This Lot

As of July 2015

One of the last vacant lots to remain in Old Marsh Golf Club. This unique opportunity offers a beautiful corner lot with breathtaking lake and golf course views and over ½ acres of land to build your custom home. The rear of the property captures a most desirable eastern exposure and has expansive views of the lake and 2nd hole of the Pete Dye Championship Golf Course. The architectural plans have been completed and are included for an exquisite custom estate designed by acclaimed architect Quinn Miklos. Only steps to the practice range where the nationally recognized professional staff and newly constructed learning center offers the finest instruction and state of the art video equipment. Old Marsh Golf Club is a low density community with a maximum of 170 custom built homes, a Pete Dye Championship Golf Course, renowned caddie program, no tee time policy, and an award winning club with unparalleled service levels. Old Marsh is an elegant, private club community that captures the essence of nature and combines it with community.

Last Agent to Sell the Property

CRAIG BRETZLAFF

The Corcoran Group Listed on: 06/30/2014

Co-Listed By

HEATHER BRETZLAFF

The Corcoran Group

Last Buyer's Agent

HEATHER BRETZLAFF

THE FITE GROUP

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,941

Lot Details

  • 0.56 Acre Lot
  • Lake Front
  • On Golf Course
  • West Facing Home
  • Cleared Lot

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Old Marsh Golf Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424128010000810

Property Details

Property Type

Land

Est. Annual Taxes

$8,941

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Lot Size Acres: 0.56
  • Subdivision Name: Old Marsh Golf
  • Directions: Donald Ross Rd. West to Jog Rd, South on Jog Rd. and the Club Entry will be on the right hand side. Hood Rd. West to Jog Rd, North on Jog Rd. and Club Entry will be on the left hand side
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Taxes2: 8940.87
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Waterfront: Yes
  • General Property Description:Lot Dim (1): 116
  • Exposure:West: Yes
  • Land Improvements:Electric at Site: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • Waterfront:Lakefront: Yes
  • WaterSewer:City Water at Site: Yes
  • WaterSewer:Sewer at Site: Yes
  • Land Improvements:Gas Available: Yes
  • Land Improvements:Sewer Available: Yes
  • Miscellaneous:Land Cleared: Yes
  • Lot Size:Golf Course Lot: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Golf Course Lot
  • Waterfront Features: Lakefront
  • Waterfront: Yes

Utilities

  • Utilities: Electric at Site, Sewer Available, Water Available, Natural Gas Available
  • Water Source: City Water at Site, Sewer at Site

Lot Info

  • Lot Size Sq Ft: 24393.6
  • Parcel #: 00424128010000810
  • Zoning: SFR
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8940.87
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2014
Closed on
Jul 27, 2015
Sold by
Theryoung Richard and Theryoung Patricia
Bought by
Swanson Dan E
Seller's Agent
Laurie Elliott
Illustrated Properties LLC (Jupiter)
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%
Current Estimated Value
$10,837,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,337,354
Avg. Annual Appreciation
34.98%

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 16, 2014
Sold by
Casey Gerard W
Bought by
Theryoung Richard
Seller's Agent
CRAIG BRETZLAFF
The Corcoran Group
Buyer's Agent
HEATHER BRETZLAFF
THE FITE GROUP
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$4,550,000
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2005
Sold by
Old Marsh Partners
Bought by
Casey Gerard W
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 Type Sale Price Title Company
Warranty Deed $1,025,000 Attorney
Warranty Deed $500,000 Attorney
Warranty Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $6,500,000 Commercial
Closed $4,000,000 New Conventional
Previous Owner $4,550,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2015 07/27/15 Sold $500,000 -7.4% --
06/27/2015 06/27/15 Pending -- -- --
11/21/2014 11/21/14 For Sale $540,000 +8.0% --
08/22/2014 08/22/14 Sold $500,000 0.0% --
08/01/2014 08/01/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $500,000 -- --
Source: Palm Beach Board of REALTORS®

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 $115,237 $6,660,731 -- --
2023 $112,433 $6,466,729 $0 $0
2022 $109,881 $6,278,378 $0 $0
2021 $109,088 $6,095,513 $0 $0
2020 $108,345 $5,975,555 $1,404,000 $4,571,555
2019 $102,364 $5,524,070 $1,284,000 $4,240,070
2018 $29,169 $1,508,771 $1,508,771 $0
2017 $28,994 $1,539,563 $1,539,563 $0
2016 $26,529 $1,338,750 $0 $0
2015 $9,476 $446,250 $0 $0
2014 $8,248 $377,727 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Elliott

    Seller's Agent in 2015

    Laurie Elliott

    Illustrated Properties LLC (Jupiter)

    (561) 758-9689

    67 Total Sales

    Laurie Elliott
    Section Image

  • C

    Seller's Agent in 2014

    CRAIG BRETZLAFF

    The Corcoran Group

  • H

    Seller Co-Listing Agent in 2014

    HEATHER BRETZLAFF

    The Corcoran Group

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-1382

APN: 00-42-41-28-01-000-0810

Florida Palm Beach County West Palm Beach 33418 Old Marsh Golf Club

12980 Sabal Chase, West Palm Beach, FL

This home is located at 12980 Sabal Chase, West Palm Beach, FL 33418 and is currently priced at $500,000. 12980 Sabal Chase is a home located in Palm Beach County with nearby schools including Marsh Pointe Elementary School, William T. Dwyer High School, and Watson B. Duncan Middle School.

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