$1,410,000
SOLD JAN 21, 2014
4 Beds
4 Baths
6,403 Sq Ft
0.91 Acres

Recently Sold

$220 Per Sq Ft

161 Days on Market

Highlights

  • Lake Front
  • Wine Room
  • Marble Flooring
  • On Golf Course
  • Pool and Spa
  • Bermuda Architecture

About This Home

As of February 2014

Best gated community in West Palm Beach with 2 country clubs. Memberships are NOT required but several options available including The Breakers Beach Club and Mayacoo Lakes CC. Excellent opportunity to own a gorgeous water and golf view estate on 1 acre in exclusive Breakers West. Custom built on cul-de-sac street, this 4 bedroom, 4.5 bath home also has a library with floor-to-ceiling bookcases and exercise studio. 26 x 19 Master Suite features custom fitted His and Her walk-in closets and marble bath with His and Her toilet areas. Elegant details included 16’ coffered ceilings, crown molding, marble and hardwood flooring, carved stone fireplace and temp-controlled wine room storage. This well designed home has abundant storage with an A/C 3-car garage,

hurricane impact glass windows throughout and whole house generator. Outdoor entertaining area includes summer kitchen, heated pool with rock waterfall and with separate heated spa off master suite. Adjoining this property is a beautiful .40 acre landscaped garden for additional privacy and is offered for separate purchase of $390K. Could not duplicate this location or home for this price today! HOA fee quoted is for house without additional lot.

Last Agent to Sell the Property

SARAH MAHONEY

The Corcoran Group Listed on: 08/09/2013

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,355

Year Built

  • Built in 1998

Lot Details

  • Lake Front
  • On Golf Course
  • Cul-De-Sac
  • East Facing Home
  • Gated Home
  • Back Yard Fenced
  • Corner Lot
  • Sprinkler System

Home Design

  • Bermuda Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 6,403 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Single Hung Windows
  • Sliding Windows
  • Wine Room
  • Dining Room
  • Library
  • Utility Room
  • Home Gym

Kitchen

  • Double Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424329110000141

Community Details

Overview

  • Breakers West Subdivision
  • Mandatory Home Owners Association

Security

  • Security Guard

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,355

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 178
  • Subdivision Name: Breakers West
  • Directions: On Okeechobee Blvd 7 miles west of I-95 or 3 miles west of Turnpike - left into guard gate on Flagler Parkway
  • Architectural Style: Bermuda, One Story
  • Garage Yn: Yes
  • Year Built: 1998
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 21355.36
  • Location Tax Legal:Tax Year2: 2012
  • General Property Description:Living Area: 6403.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 178
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:County Water: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Windows:Sliding: Yes
  • Style:Bermuda: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Security:Gate House: Yes
  • Auto Garage Door Opener: Yes
  • Security:Security Guards: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Waterfront:Lakefront: Yes
  • Lot Size:Corner Lot: Yes
  • Lot Size:Cul-De-Sac Lot: Yes
  • Lot Size:Golf Course Lot: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Electric, Oven-Double, Microwave, Washer, Dryer, Central Vac System
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Bidet, Cable, Ceiling Fan, Fireplace, Sound System, Smoke Detectors, Wet Bar, Wine Rm/Temp-Control, Wndw Trmnts Included, Pantry
  • Living Area: 6403.0
  • Window Features: Single Hung, Impact Glass-Full, Sliding
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Wine RmTemp-Control: Yes
  • Other Rooms:Exercise Room: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre, Corner Lot, Cul-De-Sac Lot, Golf Course Lot
  • Pool Features: Pool, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Lakefront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall, Built-in Grill, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached, Air Conditioned, Door Opener
  • Garage: Yes
  • Garage:_three_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

  • Security: Gate House, Security Guards, Security System
  • Heating: Central Air, Central Heat, Multi Zone Air, Multi Zone Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 00424329110000141
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 21355.36
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2013
Closed on
Feb 13, 2014
Sold by
Mcmillen Douglas A and Sousa Mcmillen Lorraine
Bought by
Kacerosky Edward J and Kacerosky Carmen R
Seller's Agent
SARAH MAHONEY
Douglas Elliman (Wellington)
Buyer's Agent
Richard Danton
The Corcoran Group
List Price
$390,000
Sold Price
$325,000
Premium/Discount to List
-$65,000
-16.67%
Current Estimated Value
$3,441,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,116,806
Avg. Annual Appreciation
7.37%
Original Mortgage
$980,000
Outstanding Balance
$767,197
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,433,381

Purchase Details

Listed on
Jul 25, 2013
Closed on
Jan 16, 2014
Sold by
Mcmillen Douglas A and Sousa Mcmillen Lorraine
Bought by
Graceffo Raymond T and Graceffo Janemarie Verrillo
Seller's Agent
SARAH MAHONEY
Douglas Elliman (Wellington)
Buyer's Agent
Richard Danton
The Corcoran Group
List Price
$390,000
Sold Price
$325,000
Premium/Discount to List
-$65,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%
Original Mortgage
$980,000
Outstanding Balance
$767,197
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,433,381

Purchase Details

Closed on
Apr 9, 2012
Sold by
Mcmillen Douglas A
Bought by
Mcmillen Douglas A and Sousa Mcmillen Lorraine

Purchase Details

Closed on
Mar 25, 1999
Sold by
Douglas A Mcmillen Tr
Bought by
Mcmillen Douglas and Mcmillen Lila
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 $325,000 Attorney
Warranty Deed $1,410,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $190,400 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $470,000 Credit Line Revolving
Open $980,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,500,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2014 02/13/14 Sold $325,000 -77.0% $51 / Sq Ft
01/21/2014 01/21/14 Sold $1,410,000 0.0% $220 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/14/2014 01/14/14 Pending -- -- --
08/09/2013 08/09/13 For Sale $1,410,000 +261.5% $220 / Sq Ft
07/25/2013 07/25/13 For Sale $390,000 -- $61 / Sq Ft
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 $36,328 $1,850,086 -- --
2023 $31,271 $1,681,896 $516,814 $1,650,760
2022 $28,315 $1,528,996 $0 $0
2021 $24,687 $1,413,375 $435,631 $977,744
2020 $21,740 $1,212,941 $404,000 $808,941
2019 $21,282 $1,172,322 $396,000 $776,322
2018 $21,154 $1,203,916 $378,000 $825,916
2017 $21,307 $1,195,252 $360,000 $835,252
2016 $20,222 $1,103,127 $0 $0
2015 $22,682 $1,199,282 $0 $0
2014 $21,460 $1,120,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1730

APN: 00-42-43-30-24-000-0010