NOT LISTED FOR SALE

3088 Safflower Cir West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $1,539,449 - $1,664,000

5 Beds
4.5 Baths
3,260 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $1,600,000 $491 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $10,452/month

50 Days on Market

Highlights

  • Golf Course Community
  • Waterfront
  • Clubhouse
  • Gated with Attendant
  • Room in yard for a pool
  • Wood Flooring

About This Home

As of June 2022

This gorgeous corner lot features the Tortuga model at the brand new Banyan Cay boasts 4 bedrooms plus a large office, 4.5 baths, 2 laundry rooms and a 2 car garage. The Tortuga is the largest model offered in Banyan Cay and this specific home was built with many upgrades including hardwood floors in the bedrooms, central vacuum, integrated Sonos surround sound, security/surveillance system, automated window shades and an air conditioned garage. Walk into the first floor open floor plan with large format porcelain tile floors, 10 foot ceilings, large office with custom built in bookcases and a beautiful kitchen that opens to the dining and living areas.

Last Agent to Sell the Property

Christian Prakas

Serhant License #3530110 Listed on: 03/17/2022

Serhant

Last Buyer's Agent

Chris Leavitt

Douglas Elliman License #3232586

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,607

Year Built

  • Built in 2021

Lot Details

  • 8,625 Sq Ft Lot
  • Waterfront
  • Corner Lot
  • Sprinkler System
  • Property is zoned CPD/RP

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof

Interior Spaces

  • 3,260 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Family Room
  • Florida or Dining Combination
  • Den
  • Loft

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74434307120000180

Community Details

Overview

  • Association fees include ground maintenance
  • Banyan Cay Resort Subdivision, Tortuga Floorplan

Amenities

  • Sauna
  • Clubhouse
  • Game Room

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,607

Year Built

Built in 2021

Lot Details

0

HOA Fees

$437 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From 95 - E on Palm Beach Lakes Blvd, N on Congress Ave, E into Banyan Cay, last right on roundabout to gate
  • Year Built: 2021
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Entrance Foyer, Family/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Negotiable
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 3260.0
  • Dining Room Type: Den, Family Room, Laundry, Loft
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Patio, Room For Pool
  • Lot Features: Corner Lot, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Two or More Spaces

Utilities

  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 437.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Game Room, Gated, Pool, Sauna, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Pool, Putting Green(s), Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 74434307120000180
  • Lot Size: < 1/4 Acre,Corner Lot
  • Lot Size Sq Ft: 8625.0
  • Zoning Description: CPD/RP
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2607.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
May 5, 2022
Sold by
Lane Frank Kasey
Bought by
Prakash Abhishek K and Roy Sulekha
Seller's Agent
Christian Prakas
Serhant
Buyer's Agent
Chris Leavitt
Douglas Elliman
List Price
$1,950,000
Sold Price
$1,600,000
Premium/Discount to List
-$350,000
-17.95%
Current Estimated Value
$1,589,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,138
Avg. Annual Appreciation
-1.00%
Original Mortgage
$0
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2021
Sold by
Ss Banyan Cay Developer Llc
Bought by
Frank Kasey Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,204
Interest Rate
3.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Prakash Abhishek K $1,600,000 Americas Title Corp
Frank Kasey Lane $861,505 Title Matters
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Frank Kasey Lane $689,204
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $1,600,000 -17.9% $491 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,950,000 -- $598 / 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 $19,031 $916,086 -- --
2023 $17,507 $835,793 $270,000 $565,793
2022 $15,258 $715,110 $0 $0
2021 $2,607 $120,000 $120,000 $0
2020 $2,400 $110,000 $110,000 $0
2019 $2,195 $99,000 $99,000 $0
2018 $1,947 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Prakas

    Seller's Agent in 2022

    Christian Prakas

    Serhant

    (561) 929-7999

    1 in this area

    61 Total Sales

    Christian Prakas
    Section Image
  • Chris Leavitt

    Buyer's Agent in 2022

    Chris Leavitt

    Douglas Elliman

    (616) 414-2810

    2 in this area

    210 Total Sales

    Chris Leavitt
    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    Jonathan Leavitt

    Douglas Elliman

    (617) 267-3500

    2 in this area

    27 Total Sales

    Jonathan Leavitt
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10784699

BeachesMLS

APN: 74-43-43-07-12-000-0180

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

3088 Safflower Cir, West Palm Beach, FL

This home is located at 3088 Safflower Cir, West Palm Beach, FL 33401 since 17 March 2022 and is currently estimated at $1,589,862, approximately $487 per square foot. This property was built in 2021. 3088 Safflower Cir is a home located in Palm Beach County with nearby schools including Roosevelt Elementary School, Roosevelt Middle School, and Palm Beach Lakes 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.

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