$700,000
SOLD AUG 19, 2022

16112 E Preakness Dr Loxahatchee, FL 33470

5 Beds
3 Baths
3,267 Sq Ft
1.14 Acres

Recently Sold

$214 Per Sq Ft

12% Below List Price

54 Days on Market

Highlights

  • Home Theater
  • Fruit Trees
  • Roman Tub
  • Private Pool
  • Vaulted Ceiling
  • Attic

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
  • Fruit Trees
  • Property is zoned AR

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
  • Great Room
  • Family Room
  • Open Floorplan
  • Home Theater
  • Den
  • Attic

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Patio

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
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

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

Exterior Features

  • Exterior Features: Fruit Trees, Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle
  • FrontageLengthRemarks: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00404313000005640
  • Lot Size: 1 to < 2 Acres,Paved Roa
  • Lot Size Sq Ft: 49658.0
  • Zoning Description: 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
$805,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,018
Avg. Annual Appreciation
4.61%
Original Mortgage
$665,000
Outstanding Balance
$634,698
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$170,320

Purchase Details

Listed on
Aug 31, 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.
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:

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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 Type Sale Price Title Company
Warranty Deed $700,000 Wexford Title
Warranty Deed $680,000 Titlelogic Llc
Special Warranty Deed $315,000 Reliable Abstract Inc
Trustee Deed $260,600 None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $515,000 Flagler Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $665,000 New Conventional
Previous Owner $544,000 New Conventional
Previous Owner $309,294 FHA
Previous Owner $412,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
11/04/2018 11/04/18 Pending -- -- --
06/29/2018 06/29/18 For Sale $429,900 -- $132 / 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 $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

MLS Number: R10803258

BeachesMLS

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