2860 Old Cypress N Palm Beach Gardens, FL 33410
5
Beds
6.5
Baths
5,840
Sq Ft
0.48
Acres
Highlights
- Property has ocean access
- Home fronts navigable water
- Private Pool
- William T. Dwyer High School Rated A-
- Intracoastal View
- Recreation Room
About This Home
As of April 2022This truly unique estate home is situated on a quiet cul-de-sac in the gated community of The Cove and is the original developers own personal home. Choicely located on the most desirable lot location in the community with southern exposure and views down the main canal as well as intracoastal access. This beautiful estate home boasts a wonderful floor plan with five bedrooms, six and a half baths plus a media/game room, stately office with handsome custom wood beam ceilings and an exercise/bonus room. Gourmet kitchen opens to a large family room with custom built-ins. Quality finishes and construction throughout. Every finish as custom details from the ceilings to the flooring and poured concrete second story with all impact windows and doors.
Co-Listed By
Christina Nicklaus
Inactive member License #3421095
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,522
Year Built
- Built in 2003
Lot Details
- 0.48 Acre Lot
- Home fronts navigable water
- Property is zoned RTS
HOA Fees
- $1,054 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
Kitchen
- Built-In Oven
- Electric Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- 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
- Underground Utilities
- Electric Water Heater
- Cable TV Available
Community Details
- Cove Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 00434120200000090
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
195
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
Map
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,065,000 | Curtis Shenkman Pa | |
| Warranty Deed | $1,557,000 | Attorney | |
| Interfamily Deed Transfer | -- | Gardens Title Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,439,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $1,000,000 | Construction |
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
| 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
Source: BeachesMLS
MLS Number: R10600423
APN: 00-43-41-20-20-000-0090
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