2860 Old Cypress N Palm Beach Gardens, FL 33410
Estimated Value: $3,869,000 - $4,835,524
5
Beds
6.5
Baths
5,840
Sq Ft
$755/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Home fronts navigable water
- Gated with Attendant
- William T. Dwyer High School Rated A-
- Intracoastal View
- Private Pool
About This Home
As of April 2022Spectacular, fully renovated estate home on navigable water, intracoastal and ocean access, southern exposure, in the gated community of The Cove. Best lot in the neighborhood with long canal view on 1/2 acre in cul de sac. 5 bedrooms, 6.5 baths, exercise room/6th bedroom, office, and game room. Downstairs master, office, and guest room. New oak flooring throughout, incredible new kitchen, subzero/thermador appliances. All new lighting, pool/spa remodeled, new outdoor kitchen. Quality finishes and construction. New 10,000 pound lift and refinished dock. Poured concrete second floor, impact doors and windows. Just over a mile to the beach.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $25,260
Year Built
- Built in 2003
Lot Details
- 0.48 Acre Lot
- Home fronts navigable water
- Property is zoned RTS
HOA Fees
- $1,100 Monthly HOA Fees
Parking
- 3 Car Garage
- Garage Door Opener
Property Views
- Intracoastal
- Canal
Interior Spaces
- 5,840 Sq Ft Home
- 2-Story Property
- Wet Bar
- Built-In Features
- Bar
- Vaulted Ceiling
- Fireplace
- Entrance Foyer
- Great Room
- Family Room
- Den
- Recreation Room
- Home Security System
Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Marble
- Slate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
- Split Bedroom Floorplan
- Closet Cabinetry
- Walk-In Closet
- In-Law or Guest Suite
- Bidet
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Private Pool
- Property has ocean access
- Fixed Bridges
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 00434120200000090
Community Details
Overview
- Association fees include common areas, ground maintenance, pest control, pool(s), security
- The Cove Subdivision
Security
- Gated with Attendant
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 10, 2022
Closed on
Apr 4, 2022
Sold by
Dickerson and Lisa
Bought by
Hamilton Dennis and Hamilton Joanna
Seller's Agent
Cary Lichtenstein
Echo Fine Properties
Buyer's Agent
Linda Gallant
Jupiter Lighthouse Realty Inc
List Price
$4,650,000
Sold Price
$4,065,000
Premium/Discount to List
-$585,000
-12.58%
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,508
Avg. Annual Appreciation
2.61%
Original Mortgage
$2,439,000
Outstanding Balance
$2,056,263
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$2,352,245
Purchase Details
Listed on
Feb 12, 2020
Closed on
Sep 25, 2020
Sold by
Gaeta Kristen
Bought by
Dickerson Jeff and Dickerson Lisa
Seller's Agent
Allison Nicklaus
NV Realty Group, LLC
Buyer's Agent
Cary Lichtenstein
Echo Fine Properties
List Price
$2,399,000
Sold Price
$1,557,000
Premium/Discount to List
-$842,000
-35.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
88.01%
Purchase Details
Closed on
Nov 6, 2002
Sold by
Gaeta Neil J and Gaeta Kristen T
Bought by
Gaeta Neil J and Gaeta Kristen T
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
5.93%
Mortgage Type
Construction
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
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamilton Dennis | $4,065,000 | Curtis Shenkman Pa | |
| Dickerson Jeff | $1,557,000 | Attorney | |
| Gaeta Neil J | -- | Gardens Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamilton Dennis | $2,439,000 | |
| Previous Owner | Dickerson Jeffrey Lee | $500,000 | |
| Previous Owner | Gaeta Neil J | $1,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2022 04/04/22 | Sold | $4,065,000 | -12.6% | $696 / Sq Ft |
| 03/05/2022 03/05/22 | Pending | -- | -- | -- |
| 01/10/2022 01/10/22 | For Sale | $4,650,000 | +198.7% | $796 / Sq Ft |
| 09/25/2020 09/25/20 | Sold | $1,557,000 | -35.1% | $267 / Sq Ft |
| 08/26/2020 08/26/20 | Pending | -- | -- | -- |
| 02/12/2020 02/12/20 | For Sale | $2,399,000 | -- | $411 / Sq Ft |
Source: BeachesMLS
Tax History Compared to Growth
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 | $52,828 | $3,241,798 | -- | -- |
| 2023 | $56,058 | $3,370,565 | $1,150,000 | $2,220,565 |
| 2022 | $25,265 | $1,506,019 | $0 | $0 |
| 2021 | $25,260 | $1,462,154 | $229,500 | $1,232,654 |
| 2020 | $23,777 | $1,364,637 | $0 | $0 |
| 2019 | $23,522 | $1,333,956 | $0 | $0 |
| 2018 | $22,350 | $1,309,083 | $0 | $0 |
| 2017 | $22,209 | $1,282,158 | $0 | $0 |
| 2016 | $22,336 | $1,255,786 | $0 | $0 |
| 2015 | $22,929 | $1,247,057 | $0 | $0 |
| 2014 | $23,003 | $1,237,160 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Cary Lichtenstein
C
Seller's Agent in 2022
Cary Lichtenstein
Echo Fine Properties
(561) 379-2020
35 Total Sales
-
Jeff Lichtenstein
Seller Co-Listing Agent in 2022
Jeff Lichtenstein
Echo Fine Properties
(561) 346-8383
994 Total Sales
-
Linda Gallant
L
Buyer's Agent in 2022
Linda Gallant
Jupiter Lighthouse Realty Inc
(561) 628-2054
25 Total Sales
-
Allison Nicklaus
A
Seller's Agent in 2020
Allison Nicklaus
NV Realty Group, LLC
(561) 346-4329
39 Total Sales
-
C
Seller Co-Listing Agent in 2020
Christina Nicklaus
Inactive member
Map
Source: BeachesMLS
MLS Number: R10768991
APN: 00-43-41-20-20-000-0090
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