NOT LISTED FOR SALE

2812 Old Cypress N Palm Beach Gardens, FL 33410

Estimated Value: $2,911,000 - $3,647,000

4 Beds
4 Baths
3,828 Sq Ft
$885/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $3,200,000 $836 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $22,561/month

56 Days on Market

Highlights

  • 79 Feet of Waterfront
  • Property has ocean access
  • Guest House
  • William T. Dwyer High School Rated A-
  • Dock has access to electricity
  • Pool and Spa

About This Home

As of October 2022

Palazzo Appartato' is a one of a kind Waterfront Estate in the in Exquisite hidden gem enclave of The Cove. This modern Villa was custom designed by acclaimed architect Manuel Diaz and offers offers a contemporary zen ambiance. Move in Ready, the home is sited on an end lot next to an enchanting Oasis of green space with a pond. Private dock area w/ boat lift overlooks a scenic tropical canal with Intracoastal access. Design elements include an open + airy floor plan with double height entry (awash with sunlight), marble flooring + custom coffered ceilings. An elegant marble fireplace adds charm to the water views of the living and dining room areas, while a long covered veranda with gas fire pit extend these living spaces outside. The lower level is grand + spacious with a tranquil sitting area and spa-like bath. Upstairs offers two large bedrooms with ensuite baths, plus a generous loft space with interior and exterior balconies (easily converted to a 5th bedroom or study). Rounding out this gracious floor plan is the detached poolside Casita which is connected to the main house via a covered breezeway and outdoor kitchen. The Casita with full bath can function as a private guest suite, quiet office/study or poolside exercise/art studio. The energy efficient home design features premiere hurricane impact windows. Outdoor area is protected by a 'Gorillas in the Mist' pest control system. Coveted 4 Car Garage and large driveway offer generous parking. Green space across the street provides additional charm + privacy to this unique property. This premiere Garden's location along the famed Donald Ross corridor is minutes from the areas most beautiful beaches, best shopping, fine dining, hospitals and schools. 15 minutes to Palm Beach International airport. The Cove residents enjoy all the benefits of a gated coastal community without costly club membership fees! Truly a fabulous place to live!

Last Listed By

Jennifer Hyland

The Corcoran Group License #3060273 Listed on: 06/23/2022

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,140

Year Built

  • Built in 2005

Lot Details

  • 79 Feet of Waterfront
  • Home fronts a canal
  • North Facing Home
  • Gated Home
  • Property is zoned 0100 SINGLE FAMILY - GENERAL, 0100 SINGLE FAMILY -

Parking

  • 4 Car Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,828 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Dining Area
  • Storage
  • Utility Room
  • Marble Flooring

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Pool and Spa
  • Gas Heated Pool
  • Outdoor Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Dock has access to electricity
  • Patio
  • Lanai
  • Attached Grill

Additional Homes

  • Guest House

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • Tropic Isle Subdivision
  • Mandatory Home Owners Association

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 00434120200000010

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,140

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 0
  • Subdivision Name: Tropic Isle
  • Directions: Donald Ross to Palmwood, N to Cove entrance on left.
  • Architectural Style: Mediterranean
  • Year Built: 2005
  • Location Tax Legal:Zoned: 0100 SINGLE FAMILY - GENERAL
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 18140.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 3828.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • ACHeat:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • General Property Description:Lot Dim (1): 0
  • Pool:Heated - Gas: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • Pets:Pets Allowed: Yes
  • Exposure:North: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • Security:Gate House: Yes
  • Style:Mediterranean: Yes
  • Waterfront:Canal: Yes
  • Dock:Electric at Dock: Yes
  • General Property Description:Waterfront Ftg: 79.0
  • Pool:Salt Water: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Other Flooring
  • Interior Amenities: Cable, Ceiling Fan, Fireplace, Smoke Detectors, Storage, Other (See Remarks), Pantry
  • Living Area: 3828.0
  • Window Features: Impact Glass-Full
  • Interior Features:Storage: Yes
  • Interior Features:Other (See Remarks)3: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Pool Features: Salt Water, Heated - Gas, Spa
  • Pool Private: Yes
  • Waterfront Features: Canal
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Ocean Access-No Deed, Built-in Grill, Guesthouse/Cottage, Impact Doors, Impact Windows
  • Roof: Barrel
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Pool/Spa: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:GuesthouseCottage: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Parking Features: 4 Car
  • Garage:_four_ Car: Yes

Utilities

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

Condo/Co-op/Association

  • Mandatory HOA: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 00434120200000010
  • Zoning: 0100 SINGLE FAMILY -

Tax Info

  • Tax Annual Amount: 18140.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Oct 7, 2022
Sold by
Utzinger Scott and Utzinger Kristin
Bought by
Burke Christine
Seller's Agent
Jennifer Hyland
The Corcoran Group
Buyer's Agent
Jennifer Hyland
The Corcoran Group
List Price
$3,200,000
Sold Price
$3,200,000
Total Days on Market
56
Current Estimated Value
$3,387,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,350
Avg. Annual Appreciation
2.18%

Purchase Details

Listed on
Jan 24, 2019
Closed on
Jul 8, 2019
Sold by
Ventzek Al and Aloupis Kristen
Bought by
Utzinger Kristin and Utzinger Scott
Seller's Agent
Amine Aghzafi
Raya
Buyer's Agent
Amine Aghzafi
Raya
List Price
$1,650,000
Sold Price
$1,355,000
Premium/Discount to List
-$295,000
-17.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.27%
Original Mortgage
$948,500
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 30, 2018
Sold by
Benson James J and Benson Martha M
Bought by
Ventzek Al and Aloupis Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2008
Sold by
Diaz M D Leslie E
Bought by
Ventzek Al and Aloupis Kristen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2003
Sold by
Bhd I Llc
Bought by
Diaz Md Leslie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
5.72%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 2002
Sold by
Gaeta Ltd Partnership #2
Bought by
Bhd I Llc

Range of Values:

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Average Value
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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
Burke Christine $3,200,000 Counselors Title
Utzinger Kristin $1,355,000 Attorney
Ventzek Al $1,580,000 Attorney
Ventzek Al $1,300,000 None Available
Diaz Md Leslie E $300,000 --
Bhd I Llc $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Utzinger Kristin $1,750,000
Previous Owner Utzinger Kristin $948,500
Previous Owner Ventzek Al $1,480,000
Previous Owner Ventzek Al $899,900
Previous Owner Ventzek Al $1,000,000
Previous Owner Diaz Md Leslie E $150,000
Previous Owner Diaz Md Leslie E $1,360,000
Previous Owner Diaz Md Leslie E $200,000
Previous Owner Diaz Md Leslie E $1,036,000
Previous Owner Diaz Md Leslie $149,500
Previous Owner Diaz Leslie E $75,000
Previous Owner Diaz Md Leslie E $1,125,000
Previous Owner Pavone Celeste $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $3,200,000 0.0% $836 / Sq Ft
10/07/2022 10/07/22 Sold $3,200,000 0.0% $836 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
08/18/2022 08/18/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $3,200,000 -11.1% $836 / Sq Ft
06/04/2022 06/04/22 For Sale $3,600,000 +165.7% $940 / Sq Ft
07/08/2019 07/08/19 Sold $1,355,000 -17.9% $354 / Sq Ft
06/08/2019 06/08/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $1,650,000 -- $431 / 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 $43,201 $2,612,571 -- --
2023 $43,845 $2,630,066 $1,050,000 $1,580,066
2022 $18,158 $1,086,019 $0 $0
2021 $18,140 $1,054,387 $0 $0
2020 $18,048 $1,039,829 $0 $0
2019 $18,028 $1,026,223 $0 $0
2018 $17,121 $1,007,088 $0 $0
2017 $17,000 $986,374 $0 $0
2016 $17,094 $966,086 $0 $0
2015 $17,453 $954,445 $0 $0
2014 $17,508 $946,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-977

APN: 00-43-41-20-20-000-0010