$5,350,000
SOLD MAY 9, 2017

14490 Cypress Island Cir West Palm Beach, FL 33410

5 Beds
5.5 Baths
6,928 Sq Ft
1.49 Acres

Recently Sold

$772 Per Sq Ft

11% Below List Price

453 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Gated with Attendant
  • William T. Dwyer High School Rated A-
  • Intracoastal View
  • Home Theater

About This Home

As of May 2017

A boater's delight situated on a large point lot in exclusive Cypress Island with over 200 feet of unobstructed frontage on the blue intracoastal waterway. This newly constructed 5 bedroom, 5 bath plus powder bath residence offers the finest in luxury living, a private oasis with views of the natural preserve. Enter the custom mahagony double doors to expansive living space and amazing water views from most every room. This home provides 6,928 square feet of living space and 9,002 square feet total. Spacious outdoor covered patios, gas fire pit, 30,000 lb boat lift and dock with electric and water and tropical landscaping are the ultimate for outdoor living.

Last Agent to Sell the Property

Dianne West

Waterfront Properties & Club C License #0508732 Listed on: 01/11/2016

Waterfront Properties & Club C

Last Buyer's Agent

Paul Thomson

Waterfront Properties & Club C License #355843

Waterfront Properties & Club C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,106

Year Built

  • Built in 1990 | Newly Remodeled

Lot Details

  • 1.49 Acre Lot
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RS

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Intracoastal
  • Pool

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 6,928 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • High Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft
  • Attic

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Deck
  • Open Patio

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00434120150000090

Community Details

Overview

  • Association fees include common areas, cable TV
  • Cypress Island Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,106

Year Built

Built in 1990 | Newly Remodeled

Lot Details

0

HOA Fees

$475 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Donald Ross Road east to Palmwood, north to Cypress Island Circle
  • Year Built: 1990
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Attic, Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Other
  • Living Area: 6928.0
  • Dining Room Type: Attic, Den, Family Room, Great Room, Laundry, Loft, Media Room, Storage Room
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Patio
  • View: Intercoastal, Other, Pool
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Point Lot, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: New Construction
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Association Fee: 475.0
  • Community Features: Boat Facilities, Clubhouse, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Other, Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV

Lot Info

  • Parcel #: 00434120150000090
  • Lot Size Sq Ft: 65049.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 35106.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2024
Sold by
Kabe Florida Llc
Bought by
Petrik Gerd and Petrik Feli
Total Days on Market
453
Current Estimated Value
$7,899,033

Purchase Details

Listed on
Jan 11, 2016
Closed on
May 8, 2017
Sold by
Amcap Pbg Llc
Bought by
Kabe Florida Llc
Seller's Agent
Dianne West
Waterfront Properties & Club C
Buyer's Agent
Paul Thomson
Waterfront Properties & Club C
List Price
$5,995,000
Sold Price
$5,350,000
Premium/Discount to List
-$645,000
-10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%

Purchase Details

Listed on
Jul 2, 2013
Closed on
Dec 6, 2013
Sold by
Citibank Na
Bought by
Amcap Pbg Llc
Seller's Agent
Stephen Sibiga
Realhome Service & Solutions I
Buyer's Agent
Gabrielle Darcey
Douglas Elliman
List Price
$2,168,000
Sold Price
$1,700,299
Premium/Discount to List
-$467,701
-21.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.80%

Purchase Details

Closed on
May 23, 2013
Sold by
Zaferos George and Zaferos Joanne
Bought by
Citibank Na

Purchase Details

Closed on
May 31, 2006
Sold by
Zetler James and Zetler Patricia
Bought by
Zaferos George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,830,000
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 6, 2000
Sold by
Zaferos George and Zaferos Joanne L
Bought by
Zetler James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
8.29%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 -- None Listed On Document
Warranty Deed $5,350,000 None Available
Special Warranty Deed $1,700,299 Premium Title Services Inc
Trustee Deed $1,155,600 Attorney
Warranty Deed $3,050,000 Professional Title Agency In
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $330,000 Credit Line Revolving
Previous Owner $2,310,000 Negative Amortization
Previous Owner $1,830,000 Fannie Mae Freddie Mac
Previous Owner $375,000 Credit Line Revolving
Previous Owner $1,260,000 Unknown
Previous Owner $950,000 Unknown
Previous Owner $700,000 Unknown
Previous Owner $700,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $5,350,000 -10.8% $772 / Sq Ft
04/09/2017 04/09/17 Pending -- -- --
01/11/2016 01/11/16 For Sale $5,995,000 +252.6% $865 / Sq Ft
01/03/2014 01/03/14 Sold $1,700,299 -21.6% $363 / Sq Ft
12/04/2013 12/04/13 Pending -- -- --
07/02/2013 07/02/13 For Sale $2,168,000 -- $463 / 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 $105,843 $5,892,779 -- --
2023 $100,159 $5,357,072 $4,560,000 $2,553,058
2022 $89,292 $4,870,065 $0 $0
2021 $77,736 $4,427,332 $2,100,000 $2,327,332
2020 $76,881 $4,335,791 $1,980,000 $2,355,791
2019 $79,208 $4,412,929 $1,980,000 $2,432,929
2018 $76,856 $4,416,622 $1,857,440 $2,559,182
2017 $51,636 $3,156,522 $1,522,488 $1,634,034
2016 $48,910 $2,509,843 $0 $0
2015 $35,106 $1,857,710 $0 $0
2014 $35,544 $1,859,718 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10197383

BeachesMLS

APN: 00-43-41-20-15-000-0090