NOT LISTED FOR SALE

2866 Old Cypress N Palm Beach Gardens, FL 33410

Estimated Value: $4,272,000 - $6,326,883

4 Beds
8 Baths
6,749 Sq Ft
$816/Sq Ft Est. Value

Last Sold November 04, 2015

Last sale price $2,625,000 $389 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $34,717/month

139 Days on Market

Highlights

  • Home fronts navigable water
  • Home Theater
  • Canal View
  • William T. Dwyer High School Rated A-
  • Heated Pool
  • Roman Tub

About This Home

As of November 2015

This stunning custom Mediterranean home was quality built in 2007. Located in a gated community of 12 homes on a quiet cul-de-sac, this 4 bedroom, 5 full bath, 3 half bath, 3 car garage home is filled with elegant touches. There is crown molding, marble floors, whole house surround sound, 5 zoned a/c's and impact windows and doors throughout. Enjoy 191 feet of water frontage and dock with lift for a 20 foot boat. There is water access and a fixed bridge. Circular paver drive with decorative insert, mature tropical landscaping and custom lighting make a welcoming statement as you arrive. Step through the 6 panel double doors into the dramatic 2 story foyer with arched windows and chandelier. The living room boasts 24 foot coffered ceilings, crystal drop chandelier, floor to ceiling windows

Last Listed By

Kevin Spina

The Keyes Company (PBG) License #3081899 Listed on: 05/18/2015

The Keyes Company (PBG)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,957

Year Built

  • Built in 2007

Lot Details

  • 0.56 Acre Lot
  • Home fronts navigable water
  • Cul-De-Sac
  • Fenced
  • Sprinkler System
  • Property is zoned RTS

HOA Fees

  • $922 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • On-Street Parking

Property Views

  • Canal
  • Garden
  • Pool

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 6,749 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Arched Windows
  • Sliding Windows
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Heated Pool
  • Fixed Bridges
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 00434120200000100

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,957

Year Built

Built in 2007

Lot Details

0

HOA Fees

$922 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Donald Ross, exit east to Prosperity Farms Road, North (left) to The Cove on Left (west) side of Road
  • Year Built: 2007
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Living Area: 6749.0
  • Dining Room Type: Den, Family Room, Laundry, Loft, Media Room, Storage Room
  • Stories: 2
  • Window Features: Arched, Drapes, Impact Glass, Plantation Shutters, Sliding

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Canal, Garden, Pool
  • Lot Features: Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, 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, Circular Driveway, Driveway, Garage, On Street, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 922.0
  • Community Features: Sidewalks
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 00434120200000100
  • Lot Size Sq Ft: 24318.0
  • Zoning Description: RTS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 25957.0

Multi Family

  • Number Of Units In Community: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2015
Closed on
Nov 4, 2015
Sold by
Brooks Donald R and Brooks Dane K
Bought by
Mccaffrey James J and Mccaffrey Lisa L
Seller's Agent
Kevin Spina
The Keyes Company (PBG)
Buyer's Agent
Marissa O'Connor
Keller Williams Realty - Welli
List Price
$2,750,000
Sold Price
$2,625,000
Premium/Discount to List
-$125,000
-4.55%
Total Days on Market
139
Current Estimated Value
$5,507,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,882,721
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Mar 27, 2008
Sold by
Hutchings Kevin M
Bought by
Brooks Donald R and Brooks Diane K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Gaeta Louis A
Bought by
Hutchings Kevin

Purchase Details

Closed on
Oct 7, 2003
Sold by
Nicklaus Michael S
Bought by
Gacta Louis A

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
Mccaffrey James J $2,450,000 None Available
Brooks Donald R $2,300,000 First American Title Ins Co
Hutchings Kevin $595,000 --
Gacta Louis A $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Donald R $695,000
Previous Owner Brooks Donald R $700,000
Previous Owner Hutchings Kevin M $1,495,000
Previous Owner Hutchings Kevin M $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2015 11/04/15 Sold $2,625,000 -4.5% $389 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
05/18/2015 05/18/15 For Sale $2,750,000 -- $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 $35,590 $2,187,358 -- --
2023 $34,830 $2,123,649 $0 $0
2022 $34,668 $2,061,795 $0 $0
2021 $34,681 $2,001,743 $0 $0
2020 $34,525 $1,974,106 $360,000 $1,614,106
2019 $39,457 $2,187,954 $396,000 $1,791,954
2018 $34,786 $1,986,856 $372,852 $1,614,004
2017 $37,643 $2,118,286 $392,476 $1,725,810
2016 $36,864 $2,018,385 $0 $0
2015 $25,873 $1,404,375 $0 $0
2014 $25,957 $1,393,229 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10136934

BeachesMLS

APN: 00-43-41-20-20-000-0100