NOT LISTED FOR SALE

16112 E Preakness Dr Loxahatchee, FL 33470

Estimated Value: $640,000 - $850,000

5 Beds
3 Baths
3,267 Sq Ft
$237/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $700,000 $214 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,527/month

54 Days on Market

Highlights

  • Private Pool
  • Roman Tub
  • Circular Driveway
  • Vaulted Ceiling
  • Screened Porch
  • 3 Car Detached Garage

About This Home

As of August 2022

A REWARDING ESCAPE PEACEFULLY SITUATED: MOTIVATED SELLER for this home that has 5 bdrms, 3 bthrms, LR, bonus room, and personal theatre! Generous room sizes provide more than enough space for the whole family and allow for private retreat. The master is separate with its own double-door entrance to the patio and pool. The outside oasis is an entertainer's dream with a partially covered patio, gazebo, oversized in-ground pool with waterfall, and THE MASSIVE WORKSHOP/GARAGE or potential Airbnb/in-law quarters! You will love owning your own personal fruit farm with mango, avocado, star fruit, banana, guava, orange, and more! This is LOX living at its best with a quiet street, a beautiful lot with no flood risk, no HOA's, excellent schools, and no restrictions. Come see it, it won't last long!

Last Agent to Sell the Property

Zakary Klinedinst

EXP Realty LLC License #3487645 Listed on: 05/26/2022

EXP Realty LLC

Last Buyer's Agent

Virginia Jenny Yates

EXP Realty LLC License #3493957

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,568

Year Built

  • Built in 1986

Lot Details

  • 1.14 Acre Lot
  • East Facing Home
  • Paved or Partially Paved Lot

Parking

  • 3 Car Detached Garage
  • Circular Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,267 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • French Doors
  • Open Floorplan
  • Screened Porch
  • Vinyl Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Private Pool
  • Patio
  • Shed

Utilities

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

Community Details

  • The Acreage Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00404313000005640

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,568

Year Built

Built in 1986

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Head West on Okeechobee Blvd. turn right on N. 162th Dr. turn left on Preakness drive East House is on the left
  • Year Built: 1986
  • Architectural Style: Ranch
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bathtub, Cathedral Ceiling(s), Dual Sinks, Garden Tub/Roman Tub, Kitchen/Dining Combo, Living/Dining Room, Pantry, Split Bedrooms, Storage, Soaking Tub, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 5
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dishwasher, Electric Range, Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Vinyl
  • Living Area: 3267.0
  • Stories: 1
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Lot Features: 1-2 Acres, Fruit Trees
  • Pool Features: In Ground
  • Pool Private: Yes
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Frame
  • Direction Faces: East
  • Other Structures: Cabana, Shed(s)
  • Patio And Porch Features: Covered, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Detached, Garage

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None

Lot Info

  • Parcel #: 00404313000005640
  • Lot Size Acres: 1.14
  • Lot Size Sq Ft: 49658.4
  • Mobile Dim Units: Feet
  • Zoning: AR

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6568.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Aug 19, 2022
Sold by
Caldwell and Jeanine
Bought by
Pacheco Alejandra and Underwood Christopher
Seller's Agent
Zakary Klinedinst
EXP Realty LLC
Buyer's Agent
Virginia Jenny Yates
EXP Realty LLC
List Price
$799,900
Sold Price
$700,000
Premium/Discount to List
-$99,900
-12.49%
Current Estimated Value
$772,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,758
Avg. Annual Appreciation
2.96%
Original Mortgage
$665,000
Outstanding Balance
$632,017
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$140,741

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 8, 2021
Sold by
Lovely Earnest and Lovely Martie Annette
Bought by
Caldwell Greg
Seller's Agent
Adrian Blacio
Partnership Realty Inc.
Buyer's Agent
Jose Orozco Murcia
MMLS Assoc.-Inactive Member
List Price
$750,000
Sold Price
$680,000
Premium/Discount to List
-$70,000
-9.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$544,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Dec 4, 2018
Sold by
New Palm Financial Llc
Bought by
Lovely Martie Annette Parker
Seller's Agent
Robert Littman
R L Enterprises
Buyer's Agent
William Torres P.A.
Atlantic Shores ERA Powered
List Price
$429,900
Sold Price
$315,000
Premium/Discount to List
-$114,900
-26.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.04%
Original Mortgage
$309,294
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2018
Sold by
Barnes Ermintude
Bought by
Nerw Palm Financial Llc

Purchase Details

Closed on
Aug 11, 2008
Sold by
Barnes Donald
Bought by
Barnes Ermintude

Purchase Details

Closed on
Apr 21, 2007
Sold by
Cinea Wilfred A
Bought by
Barnes Donald

Purchase Details

Closed on
Aug 10, 2006
Sold by
Wooten Amy S and Amy S Wooten Revocable Trust
Bought by
Cinea Wilfrid A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2005
Sold by
Wooten Amy S
Bought by
Wooten Amy S and Amy S Wooten Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Pacheco Alejandra $700,000 Wexford Title
Caldwell Greg $680,000 Titlelogic Llc
Lovely Martie Annette Parker $315,000 Reliable Abstract Inc
Nerw Palm Financial Llc $260,600 None Available
Barnes Ermintude -- None Available
Barnes Donald -- None Available
Cinea Wilfrid A $515,000 Flagler Title Co
Wooten Amy S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pacheco Alejandra $665,000
Previous Owner Caldwell Greg $544,000
Previous Owner Lovely Martie Annette Parker $309,294
Previous Owner Cinea Wilfrid A $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2022 08/19/22 Sold $700,000 -12.5% $214 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
05/26/2022 05/26/22 For Sale $799,900 +17.6% $245 / Sq Ft
11/08/2021 11/08/21 Sold $680,000 -9.3% $208 / Sq Ft View Prior Sale
10/09/2021 10/09/21 Pending -- -- --
08/31/2021 08/31/21 For Sale $750,000 +138.1% $230 / Sq Ft
12/04/2018 12/04/18 Sold $315,000 -26.7% $96 / Sq Ft View Prior Sale
11/04/2018 11/04/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $429,900 -- $132 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $17,848 $637,700 -- --
2024 $17,848 $619,728 -- --
2023 $10,908 $601,678 $151,734 $449,944
2022 $10,036 $506,697 $0 $0
2021 $6,568 $353,848 $0 $0
2020 $6,528 $348,963 $0 $0
2019 $6,462 $341,117 $63,840 $277,277
2018 $6,905 $387,398 $57,632 $329,766
2017 $6,485 $369,133 $51,457 $317,676
2016 $6,182 $259,695 $0 $0
2015 $5,777 $236,086 $0 $0
2014 $5,215 $214,624 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10803258

BeachesMLS (Greater Fort Lauderdale)

APN: 00-40-43-13-00-000-5640