$65,000
SOLD MAY 6, 2013

283 Cypress Point Dr Unit 283 Palm Beach Gardens, FL 33418

PGA National Resort Neighborhood
1 Bed
1 Bath
504 Sq Ft
$223/mo HOA Fee

Recently Sold

$129 Per Sq Ft

13% Below List Price

318 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Patio
  • Timber Trace Elementary School Rated A
  • Breakfast Bar
  • Park

About This Home

As of February 2014

Investor Special. Leased till 09-2013 Upgrades include a new, modern kitchen with stainless steel appliances, double sink, tile flooring, breakfast bar, & pendent lighting. Other features are the beautiful lake views from the balcony, updated bathrooms, hardwood floor, and high efficiency - new tankless water heater. Water and basic cable are included in the HOA. Also available for rent MLS # r3283642.

Last Agent to Sell the Property

James Torrance

KW Reserve Luxury, LLC License #3553816 Listed on: 05/22/2012

KW Reserve Luxury, LLC

Co-Listed By

Alexandra Castrillon

Echo Fine Properties License #3113930

Last Buyer's Agent

Deborah Roberts

Inactive member License #3220211

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,372

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • North Facing Home

HOA Fees

  • $223 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Frame Construction
  • Concrete Roof

Interior Spaces

  • 504 Sq Ft Home
  • 2-Story Property
  • Single Hung Metal Windows
  • Blinds
  • Sliding Windows
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

  • Home Security System
  • Security Lights

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 52424215030002830

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, sewer, security, trash, water
  • Cypress Point Subdivision

Recreation

  • Community Pool
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,372

Year Built

Built in 1982

Lot Details

0

HOA Fees

$223 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: W on PGA, L on Ave of the Champions, L on Ave on the Masters, L on Cypress
  • Year Built: 1982
  • Entry Level: 2
  • Special Features: None

Interior Features

  • Interior Amenities: Breakfast Bar, Pantry
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Ice Maker, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Vinyl
  • Living Area: 504.0
  • Stories: 2
  • Window Features: Blinds, Metal, Single Hung, Sliding

Exterior Features

  • Exterior Features: Patio
  • View: Lake, Water
  • Pool Features: None, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Frame
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Roof: Concrete

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Security: Security System, Security Lights, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 223.0
  • Community Features: Park, Pool, Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 52424215030002830
  • Zoning Description: RESID

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1372.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2014
Closed on
Feb 28, 2014
Sold by
Optimum Property Investments 283 Cypress
Bought by
Pelfrey Timothy E
Seller's Agent
Marie Russell
Highlight Realty Corp/LW
Buyer's Agent
Rodney Auberry
BWG Realty
List Price
$79,900
Sold Price
$78,500
Premium/Discount to List
-$1,400
-1.75%
Current Estimated Value
$213,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,964
Avg. Annual Appreciation
8.83%

Purchase Details

Listed on
Nov 8, 2011
Closed on
Mar 14, 2012
Sold by
Federal National Mortgage Association
Bought by
Malagic Edvin
Seller's Agent
William Betzner
Keller Williams Realty Jupiter
Buyer's Agent
Laurie Nugent
Sutter & Nugent LLC
List Price
$47,550
Sold Price
$39,900
Premium/Discount to List
-$7,650
-16.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.24%
Original Mortgage
$33,915
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2012
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 19, 2011
Sold by
Kalkanidis Ioannis K
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 18, 2005
Sold by
Farnsworth Sonia
Bought by
Kalkanidis Ioannis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 16, 2001
Sold by
Norine M Perrault I
Bought by
Farnsworth Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
7.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $78,500 Universal Land Title Llc
Special Warranty Deed $39,900 Attorney
Quit Claim Deed -- Attorney
Trustee Deed $14,300 None Available
Warranty Deed $130,000 First American Title Ins Co
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $33,915 New Conventional
Previous Owner $20,000 Credit Line Revolving
Previous Owner $104,000 Fannie Mae Freddie Mac
Previous Owner $34,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $78,500 -1.8% $156 / Sq Ft
01/29/2014 01/29/14 Pending -- -- --
01/15/2014 01/15/14 For Sale $79,900 +22.9% $159 / Sq Ft
05/06/2013 05/06/13 Sold $65,000 -13.2% $129 / Sq Ft
04/06/2013 04/06/13 Pending -- -- --
05/22/2012 05/22/12 For Sale $74,900 +87.7% $149 / Sq Ft
03/16/2012 03/16/12 Sold $39,900 -16.1% $79 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
11/08/2011 11/08/11 For Sale $47,550 -- $95 / 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 $3,103 $110,473 -- --
2023 $2,865 $100,430 $0 $0
2022 $2,609 $91,300 $0 $0
2021 $2,175 $83,000 $0 $83,000
2020 $2,070 $80,000 $0 $80,000
2019 $2,014 $76,000 $0 $76,000
2018 $2,056 $82,000 $0 $82,000
2017 $1,926 $72,000 $0 $0
2016 $1,013 $55,385 $0 $0
2015 $1,028 $55,000 $0 $0
2014 $1,640 $55,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marie Russell

    Highlight Realty Corp/LW

    (561) 385-9955

    2 Total Sales

    Section Image

  • R

    Buyer's Agent in 2014

    Rodney Auberry

    BWG Realty

    Section Image

  • R

    Buyer's Agent in 2014

    Rod Auberry

    BWG Realty

  • J

    Seller's Agent in 2013

    James Torrance

    KW Reserve Luxury, LLC

    (561) 358-9303

    5 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2013

    Alexandra Castrillon

    Echo Fine Properties

    (561) 502-4105

    1 in this area

    11 Total Sales

    Section Image

  • D

    Buyer's Agent in 2013

    Deborah Roberts

    Inactive member

See All Agents

Map

Source: BeachesMLS

MLS Number: R3283631

BeachesMLS

APN: 52-42-42-15-03-000-2830

Florida Palm Beach County Palm Beach Gardens 33418 PGA National Resort

283 Cypress Point Dr Unit 283, Palm Beach Gardens, FL

This home is located at 283 Cypress Point Dr Unit 283, Palm Beach Gardens, FL 33418 and is currently priced at $65,000, approximately $128 per square foot. This property was built in 1982. 283 Cypress Point Dr Unit 283 is a home located in Palm Beach County with nearby schools including Timber Trace Elementary School, Watson B. Duncan Middle School, and Palm Beach Gardens Community High 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.

Nearby Homes