NOT LISTED FOR SALE

2818 Old Cypress N Palm Beach Gardens, FL 33410

Estimated Value: $2,919,000 - $3,280,974

4 Beds
4 Baths
3,929 Sq Ft
$803/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $3,100,000 $789 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $20,040/month

30 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • Canal View
  • William T. Dwyer High School Rated A-
  • Waterfront
  • Marble Flooring

About This Home

As of March 2024

A rare find! One level waterfront home w/ dock, is beautifully situated in the scenic + serene enclave of The Cove, featuring 20 custom homes. This 4 BR + Office + Den home will delight on every level. A grand brick driveway welcomes you to this South facing home offering nearly 4,000 SF of living space. Bright + airy interiors with 12' ceilings are freshly painted w/ a neutral color palette. Classic + timeless design elements include marble + newly installed wood floors (no carpet in the home), coffered ceilings + custom window treatments. A graceful entry foyer leads to the formal living room w/ bar area. The Huge family room is adjacent to a modern chef's kitchen w/ pantry, 6 burner gas range, cabinets w/ pullouts and quartz counters + Island. Impact Windows + Doors throughout.

Last Agent to Sell the Property

Jennifer Hyland

The Corcoran Group License #3060273 Listed on: 02/15/2024

The Corcoran Group

Last Buyer's Agent

Robert Bosso

Robert Bosso Rlty Ser., Inc License #0138193

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,132

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Waterfront
  • Property is zoned RTS

HOA Fees

  • $1,045 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,929 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • French Doors
  • Combination Kitchen and Dining Room
  • Den

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass

Pool

  • In Ground Spa
  • Heated Pool

Outdoor Features

  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00434120200000020

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s), security
  • The Cove Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,132

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,045 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Donald Ross Road just West of ICW Bridge, North on Palmwood, 1/4 - 1/3 mile, gate on left.
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, Dual Sinks, French Door(s)/Atrium Door(s), High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Spa Features: In Ground
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Microwave, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Marble, Wood
  • Living Area: 3929.0
  • Dining Room Type: Den, Laundry, Storage Room
  • Stories: 1
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Association Fee: 1045.0
  • Community Features: Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Security

Lot Info

  • Parcel #: 00434120200000020
  • Lot Size: 1/4 to 1/2 Acre,Sidewalk
  • Lot Size Sq Ft: 16696.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 21132.0

Multi Family

  • Number Of Units In Community: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 28, 2024
Sold by
Musumeci Joseph Brannan and Grieco Maressa S
Bought by
Higginson William B and Pierce Sean A
Seller's Agent
Jennifer Hyland
The Corcoran Group
Buyer's Agent
Robert Bosso
Robert Bosso Rlty Ser., Inc
List Price
$3,300,000
Sold Price
$3,100,000
Premium/Discount to List
-$200,000
-6.06%
Views
66
Current Estimated Value
$3,155,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,744
Avg. Annual Appreciation
-1.45%

Purchase Details

Listed on
Nov 18, 2019
Closed on
Mar 12, 2020
Sold by
Higgins Jay F and Higgins Gail J
Bought by
Musumeci Joseph Brannan and Grieco Maressa S
Seller's Agent
Jennifer Hyland
The Corcoran Group
List Price
$1,600,000
Sold Price
$1,450,000
Premium/Discount to List
-$150,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.75%
Original Mortgage
$1,108,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2003
Sold by
Bhd I Llc
Bought by
Higgins Jay F and Higgins Gail J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2002
Sold by
Gaeta Ltd Partnership
Bought by
Bhd I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,080,000
Interest Rate
6.86%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Higginson William B $3,100,000 Counselors Title
Musumeci Joseph Brannan $1,435,000 Attorney
Higgins Jay F $315,000 --
Bhd I Llc $1,975,000 Gardens Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Musumeci Joseph Brannan $1,108,000
Previous Owner Higgins Jay F $855,000
Previous Owner Bhd I Llc $4,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $3,100,000 -6.1% $789 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $3,300,000 +127.6% $840 / Sq Ft
03/18/2020 03/18/20 Sold $1,450,000 -9.4% $369 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $1,600,000 -- $407 / 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 $21,604 $1,331,882 -- --
2023 $21,132 $1,293,089 $0 $0
2022 $21,025 $1,255,426 $0 $0
2021 $21,011 $1,218,860 $229,500 $989,360
2020 $17,967 $1,035,224 $0 $0
2019 $17,773 $1,011,949 $0 $0
2018 $16,878 $993,080 $0 $0
2017 $16,758 $972,654 $0 $0
2016 $16,851 $952,648 $0 $0
2015 $17,295 $946,026 $0 $0
2014 $17,350 $938,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hyland

    Seller's Agent in 2024

    Jennifer Hyland

    The Corcoran Group

    (561) 632-4042

    143 Total Sales

    Section Image
  • Robert Bosso

    Buyer's Agent in 2024

    Robert Bosso

    Robert Bosso Rlty Ser., Inc

    (561) 622-2933

    63 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10960140

BeachesMLS

APN: 00-43-41-20-20-000-0020

Florida Palm Beach County Palm Beach Gardens 33410

2818 Old Cypress N, Palm Beach Gardens, FL

This home is located at 2818 Old Cypress N, Palm Beach Gardens, FL 33410 since 15 February 2024 and is currently estimated at $3,155,744, approximately $803 per square foot. This property was built in 2005. 2818 Old Cypress N is a home located in Palm Beach County with nearby schools including William T. Dwyer High School, Lighthouse Elementary School, and Beacon Cove Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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