$1,450,000
SOLD MAR 18, 2020

2818 Old Cypress N Palm Beach Gardens, FL 33410

4 Beds
4 Baths
3,929 Sq Ft
0.38 Acres

Recently Sold

$369 Per Sq Ft

9% Below List Price

90 Days on Market

Highlights

  • Home fronts navigable water
  • Heated Pool
  • Marble Flooring
  • William T. Dwyer High School Rated A-
  • Canal View
  • Mediterranean Architecture

About This Home

As of March 2024

A rare find! Beautifully situated in the serene waterfront enclave of The Cove, this 4 BR + office home will delight on every level. A stunning brick driveway welcomes you to this single story home, offering nearly 4000 sq. ft. of living space. Bright + airy w/ classic design elements; marble + wood floors, coffered ceilings and a modern updated kitchen w/ walk in pantry and gourmet gas range. Impact W/D throughout. Rooms are grand in size and floorplan is flawless. Master bedroom suite w/ dual closets and luxe bath is private and serene. Large office w/ grand storage closet/room is impressive and private. Stunning outdoor living w/ covered lanai, pool w/ spa and serene dock/fishing spot. Prime location on Gardens/Jupiter line is close to best beaches, PGA, shopping, dining++!

Last Agent to Sell the Property

Jennifer Hyland

The Corcoran Group License #3060273

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,773

Year Built

  • Built in 2005

Lot Details

  • 0.38 Acre Lot
  • Home fronts navigable water
  • Property is zoned RTS

HOA Fees

  • $881 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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass

Outdoor Features

  • Heated Pool
  • Fixed Bridges
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00434120200000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,773

Year Built

Built in 2005

Lot Details

0

HOA Fees

$881 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 East of Bears Club. North on Palmwood (aka Prosperity Farms on South side) Turn Left into The Cove
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Breakfast Area, French Door(s)/Atrium Door(s), High Ceilings, Kitchen/Dining Combo, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • 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 Features: Fixed Bridge, Navigable Water
  • Waterfront: Yes
  • 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: 881.0
  • Community Features: 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 Sq Ft: 16696.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 17773.0

Multi Family

  • Number Of Units In Community: 26

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%
Total Days on Market
90
Views
66
Current Estimated Value
$3,117,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,007
Avg. Annual Appreciation
2.34%

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

Map

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 Type Sale Price Title Company
Warranty Deed $3,100,000 Counselors Title
Warranty Deed $1,435,000 Attorney
Special Warranty Deed $315,000 --
Special Warranty Deed $1,975,000 Gardens Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,108,000 New Conventional
Previous Owner $855,000 Purchase Money Mortgage
Previous Owner $4,080,000 Construction
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

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

Source: BeachesMLS

MLS Number: R10579167

BeachesMLS

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