NOT LISTED FOR SALE

16031 E Preakness Dr Loxahatchee, FL 33470

Estimated Value: $666,000 - $742,000

4 Beds
3 Baths
2,501 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 10, 2024

Last sale price $655,000 $262 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,999/month

75 Days on Market

Highlights

  • Horses Allowed On Property
  • Room in yard for a pool
  • Roman Tub
  • Waterfront
  • Deck
  • No HOA

About This Home

As of December 2024

Come check out this Custom-built two-story home on an oversized corner lot.
The downstairs features a gas fireplace open to a large living area, a roomy kitchen, and one bedroom and bath on the first floor.
The second floor has two additional bedrooms, one of which is on WIC. On the opposite side, upstairs houses the Master suite, which has a separate walk-in closet and master bath with a soaking tub and shower.
The yard is a place to relax and enjoy all Mother Nature has to offer. The back deck is covered and has a view of the fully stocked pond. There is a full sprinkler system that gets water directly from the pond. The lot is fully fenced with trees and shrubbery for plenty of privacy. There is even a 30-amp RV hookup with water on the west side of the house. So, bring the family and all the toys and make it yours.
The roof was replaced in 2021, water heater in 2019 & 2 zone A/C with a newer compressor

Last Buyer's Agent

Alejandro Alfonso

LoKation License #3457193

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,213

Year Built

  • Built in 2000

Lot Details

  • 1.98 Acre Lot
  • Waterfront
  • South Facing Home
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Unpaved Parking

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,501 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • French Doors
  • Combination Kitchen and Dining Room
  • Washer

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Loxahatchee Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00404313000005600

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,213

Year Built

Built in 2000

Lot Details

1.98 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Head North on Seminole Pratt Whitney Rd from Okeechobee to E. Edinburgh Dr take a right. At the stop sign, turn right to 162nd Dr. then turn right onto Preakness Dr E. the house is on the right.
  • Year Built: 2000
  • Horses: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bathtub, Garden Tub/Roman Tub, Kitchen/Dining Combo, Split Bedrooms, Soaking Tub, Separate Shower, Upper Level Primary, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Microwave, Oven, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Laminate
  • Living Area: 2501.0
  • Stories: 2

Exterior Features

  • Exterior Features: Outdoor Living Area, Room For Pool
  • Lot Features: 1-2 Acres, Sprinklers Automatic, Sprinkler System
  • Pool Private: No
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Deck, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener, Unpaved

Utilities

  • Laundry Features: Inside
  • Security: Gated Community
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community Features: Street Lights
  • Senior Community: No
  • Amenities: Dog Park, Sidewalks
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00404313000005600
  • Horse Amenities: Riding Trail
  • Lot Size Acres: 1.98
  • Lot Size Sq Ft: 86248.8
  • Mobile Dim Units: Feet
  • Zoning: AR

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5212.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2024
Closed on
Dec 10, 2024
Sold by
Oblow Randy L and Oblow Cherie
Bought by
Romero Alejandro Alfonso and Tiburcio Angela Maria
Buyer's Agent
Alejandro Alfonso
LoKation
List Price
$739,900
Sold Price
$655,000
Premium/Discount to List
-$84,900
-11.47%
Views
57
Current Estimated Value
$692,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,947
Avg. Annual Appreciation
4.89%
Original Mortgage
$622,250
Outstanding Balance
$615,100
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$77,847

Purchase Details

Closed on
Nov 6, 1998
Sold by
Polen Scott L and Polen Tamela S
Bought by
Oblow Randy L

Purchase Details

Closed on
Sep 13, 1996
Sold by
Dolores William and Dolores Carlin
Bought by
Polen Scott L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,500
Interest Rate
8.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Romero Alejandro Alfonso $655,000 None Listed On Document
Romero Alejandro Alfonso $655,000 None Listed On Document
Oblow Randy L $27,000 --
Polen Scott L $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Alejandro Alfonso $622,250
Closed Romero Alejandro Alfonso $622,250
Previous Owner Polen Scott L $16,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2024 12/10/24 Sold $655,000 -10.3% $262 / Sq Ft
10/18/2024 10/18/24 Price Changed $729,900 -0.7% $292 / Sq Ft
08/27/2024 08/27/24 Price Changed $734,900 -0.7% $294 / Sq Ft
08/10/2024 08/10/24 For Sale $739,900 -- $296 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $5,143 $457,407 -- --
2024 $5,143 $200,231 -- --
2023 $5,213 $194,399 $0 $0
2022 $4,718 $188,737 $0 $0
2021 $4,068 $183,240 $0 $0
2020 $4,046 $180,710 $0 $0
2019 $4,012 $176,647 $0 $0
2018 $3,773 $173,353 $0 $0
2017 $3,606 $169,787 $0 $0
2016 $3,591 $166,295 $0 $0
2015 $3,532 $165,139 $0 $0
2014 $3,570 $163,828 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11011408

BeachesMLS (Greater Fort Lauderdale)

APN: 00-40-43-13-00-000-5600

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