NOT LISTED FOR SALE

Estimated Value: $4,460,000 - $9,183,000

6 Beds
7 Baths
6,380 Sq Ft
$1,212/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $4,000,000 $627 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $46,201/month

56 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Private Pool
  • Marble Flooring
  • Built in 2011 | Newly Remodeled
  • Vaulted Ceiling
  • No HOA

About This Home

As of April 2012

New Bermuda Inspired Intracoastal Estate. Located on sought after Palm Trail. Designed and constructed by Randall E. Stofft Architects, PA and Seaside Builders. Warmly elegant in a serene setting on the Iintracoastal PUBLIC REMARKS CONT IN ADDENDA PUBLIC REMARKS CONT....waterway, this Bermuda-style estate bridges classic and modern style with an inspired eye grounded by time-honored principles of architecture. This brand-new residence was designed by noted Randall Stofft Architects and constructed by Seaside Builders, a highly regarded frim with many years of experience building some of Delray Beach's finest custom estate homes. Nearly all of the major rooms face the Intracoastal, and several first-floor spaces including the private master wing, open o... (see supplement for full remarks) New Bermuda Inspired Intracoastal Estate. Located on sought after Palm Trail. Designed and constructed by Randall E. Stofft Architects, PA and Seaside Builders. Warmly elegant in a serene setting on the Iintracoastal PUBLIC REMARKS CONT IN ADDENDAPUBLIC REMARKS CONT....waterway, this Bermuda-style estate bridges classic and modern style with an inspired eye grounded by time-honored principles of architecture. This brand-new residence was designed by noted Randall Stofft Architects and constructed by Seaside Builders, a highly regarded frim with many years of experience building some of Delray Beach's finest custom estate homes. Nearly all of the major rooms face the Intracoastal, and several first-floor spaces including the private master wing, open onto the resort-style waterfront patios and loggia in an ideal layout for indoor/outdoor living and entertaining. One of the most distinctive features of the property, the double-tiered, palm-lined infinity pool is a mesmerizing work of art, seeming to flow right into the waterway. Complete with a private dock, this exquisite estate is situated on alluring tree-lined Palm Trail, a desirable address within walking distance of the beach and Atlantic Ave. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records. Buyer should verify all measurements.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc License #3009820 Listed on: 01/12/2012

Last Buyer's Agent

Irina Alvarez

One Sotheby's International Realty License #0706692

One Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,054

Year Built

  • Built in 2011 | Newly Remodeled

Lot Details

  • Lot Dimensions are 175 x 122
  • Property fronts an intracoastal waterway
  • West Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 6,380 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Entrance Foyer
  • Formal Dining Room
  • Intracoastal Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Runnymede Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616090000120

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,054

Year Built

Built in 2011 | Newly Remodeled

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On Palm Trail between George Bush Blvd. and 2nd Ave.
  • Year Built: 2011
  • Architectural Style: Florida
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 2

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Cathedral Ceiling(s), Central Vacuum, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Main Level Primary, Split Bedrooms, Storage, Separate Shower, Tub Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Marble, Wood
  • Living Area: 6380.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Covered, Patio, Porch, Balcony
  • Property Condition: New Construction
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Closet
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434616090000120
  • Lot Size: 175 x 122
  • Mobile Dim Units: Feet
  • Zoning: R1aa

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 47054.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2012
Closed on
Apr 26, 2012
Sold by
245 Palm Trail Llc
Bought by
Kopin Karen J
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc
Buyer's Agent
Irina Alvarez
One Sotheby's International Realty
List Price
$4,995,000
Sold Price
$4,000,000
Premium/Discount to List
-$995,000
-19.92%
Current Estimated Value
$7,734,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,734,317
Avg. Annual Appreciation
4.88%
Original Mortgage
$3,000,000
Outstanding Balance
$309,067
Interest Rate
3.23%
Mortgage Type
New Conventional
Estimated Equity
$7,425,250

Purchase Details

Closed on
Aug 28, 2009
Sold by
Rippon H James and Rippon Caylene L
Bought by
245 Palm Trail Llc

Purchase Details

Closed on
Mar 12, 2008
Sold by
Baldassare Michael and Baldassare Lois F
Bought by
Rippon H James and Rippon Caylene L
Source: Public Records
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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
Kopin Karen J $4,000,000 None Available
245 Palm Trail Llc -- Attorney
Rippon H James $2,100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kopin Karen J $3,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $4,000,000 -19.9% $627 / Sq Ft
03/28/2012 03/28/12 Pending -- -- --
01/12/2012 01/12/12 For Sale $4,995,000 -- $783 / 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 $76,288 $4,328,373 -- --
2024 $76,288 $4,206,388 -- --
2023 $76,881 $4,083,872 $0 $0
2022 $76,628 $3,964,924 $0 $0
2021 $77,044 $3,849,441 $0 $0
2020 $76,640 $3,796,293 $0 $0
2019 $75,738 $3,710,941 $0 $0
2018 $72,719 $3,641,748 $0 $0
2017 $72,652 $3,566,844 $0 $0
2016 $73,207 $3,493,481 $0 $0
2015 $75,213 $3,469,197 $0 $0
2014 $75,737 $3,441,664 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3251847

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-09-000-0120

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