$325,000
SOLD FEB 13, 2014
0.91 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$51 Per Sq Ft

17% Below List Price

172 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Paved or Partially Paved Lot
  • Beach
  • Clubhouse

About This Lot

As of February 2014

Opportunity to custom build your dream home on premier cul-de-sac street in Breakers West. Lot is currently a landscaped garden and has been assigned new PCN # 00-42-43-29-11-000-0140. Beautiful water and golf views from all directions. Gated community bu t no membership requirements. Taxes reflected are for adjoining house and lots. All plans must be approved by community ECB.

Last Agent to Sell the Property

SARAH MAHONEY

Douglas Elliman (Wellington) License #536493 Listed on: 07/25/2013

Douglas Elliman (Wellington)

Last Buyer's Agent

Richard Danton

The Corcoran Group License #3008204

The Corcoran Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $36,328

Lot Details

  • Lake Front
  • East Facing Home
  • Paved or Partially Paved Lot

Utilities

  • Co-Op Membership Included
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424329110000140

Community Details

Recreation

  • Beach
  • Golf Course Community

Additional Features

  • Breakers West Subdivision
  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$36,328

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: On Okeechobee Blvd. 3 miles west of Fl Turnpike or 7 miles west of I-95. Turn at Flagler Parkway to Guard house. Take left at first stop sign. Take right onto Cypress Row Dr. Lot on the right side.
  • Special Features: None

Exterior Features

  • Lot Features: Other, 1/4 to 1/2 Acre Lot
  • Road Surface Type: Paved
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Direction Faces: East

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 377.0
  • Community Features: Beach, Club Membership Available, Clubhouse, Golf, Golf Course Community

Lot Info

  • Parcel #: 00424329110000140
  • Number Of Lots: 1
  • Zoning Description: Resident

Tax Info

  • Tax Year: 2013

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

Range of Values:

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Average Value
Not Available
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 $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: 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 $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: BeachesMLS

MLS Number: R9964377

BeachesMLS

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