NOT LISTED FOR SALE

3250 Polo Dr Delray Beach, FL 33483

Estimated Value: $3,911,000 - $10,232,220

4 Beds
5.5 Baths
4,295 Sq Ft
$1,806/Sq Ft Est. Value

Last Sold May 22, 2013

Last sale price $2,750,000 $640 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $47,419/month

957 Days on Market

Highlights

  • Boat Ramp
  • Golf Course Community
  • Private Pool
  • Property has ocean access
  • Property fronts an intracoastal waterway
  • Home fronts a lagoon or estuary

About This Home

As of May 2013

CENTER OF POLO COVE !!. Gulf Stream's finest waterfront, great views with dock, away from intracoastal noise and waves... This boater's delight is one of Gulf Stream's larger interior waterfront properties with 150-ft. of protected waterfront, boat dock and direct Intracoastal view and access with no fixed bridges. You decide if you prefer to design and build your own new custom estate home or to make this 3500 SF, 4-BR, 5 ? BA, with an 850-SF 1-BR, 2-BA guest house, your home. This is the perfect lot if you're looking to build your dream home in Palm Beach County, or looking to move in now and lock your investment in at today's exceptional buyer's market levels. The existing well-maintained home on the property affords you an option of moving in immed... (see supplement for full rem CENTER OF POLO COVE !!. Gulf Stream's finest waterfront, great views with dock, away from intracoastal noise and waves...This boater's delight is one of Gulf Stream's larger interior waterfront properties with 150-ft. of protected waterfront, boat dock and direct Intracoastal view and access with no fixed bridges. You decide if you prefer to design and build your own new custom estate home or to make this 3500 SF, 4-BR, 5 BA, with an 850-SF 1-BR, 2-BA guest house, your home. This is the perfect lot if you're looking to build your dream home in Palm Beach County, or looking to move in now and lock your investment in at today's exceptional buyer's market levels. The existing well-maintained home on the property affords you an option of moving in immediately, thereby allowing you to take your time to plan and design your dream home on this exceptional property. Best of all, this estate property is in the quaint, small upscale town of Gulf Stream, in Palm Beach County. It boasts one of the finest private elementary/middle schools (PK-8) in the area, and nearby access to golf, tennis, and fabulous restaurants and shopping in Delray. Call Al Sipp today to schedule an appointment to see this fabulous Proprty.

Last Agent to Sell the Property

Allan Sipp

Sipp Corp. License #540951 Listed on: 07/19/2010

Last Buyer's Agent

Randolph Ely

Douglas Elliman License #563399

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,479

Year Built

  • Built in 1962

Lot Details

  • Home fronts a lagoon or estuary
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Sprinkler System

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Intracoastal
  • Lagoon

Home Design

  • Frame Construction

Interior Spaces

  • 4,295 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Private Pool
  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Patio

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20434603020000130

Community Details

Overview

  • Polo Cove Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Golf Course Community
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,479

Year Built

Built in 1962

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A to Lakeview to Polo Dr
  • Year Built: 1962
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), Dual Sinks, Entrance Foyer, Garden Tub/Roman Tub, Jetted Tub, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Water Softener Owned, Water Heater, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 4295.0
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Intercoastal, Lagoon
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Access, Lagoon, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block, Frame, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Inside, Laundry Closet, Laundry Tub
  • Other Equipment: Fuel Tank(s)
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 46.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Golf Course, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 20434603020000130
  • Mobile Dim Units: Feet
  • Zoning: Rs

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 22479.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2010
Closed on
May 16, 2013
Sold by
Sipp Allan H and Sipp Virginia M
Bought by
Clark Kevin
Seller's Agent
Allan Sipp
Sipp Corp.
Buyer's Agent
Randolph Ely
Douglas Elliman
List Price
$3,775,000
Sold Price
$2,750,000
Premium/Discount to List
-$1,025,000
-27.15%
Current Estimated Value
$7,758,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,008,073
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Gornick Alan L and Gornick Pauline M
Bought by
Sipp Allan H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clark Kevin $2,750,000 Attorney
Sipp Allan H $923,300 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2013 05/22/13 Sold $2,750,000 -27.2% $640 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
07/20/2010 07/20/10 For Sale $3,775,000 -- $879 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $74,413 $4,834,923 -- --
2024 $74,413 $4,698,662 -- --
2023 $72,872 $4,561,808 $0 $0
2022 $72,487 $4,428,940 $0 $0
2021 $74,003 $4,299,942 $0 $0
2020 $74,064 $4,240,574 $0 $0
2019 $73,707 $4,145,234 $0 $0
2018 $70,896 $4,067,943 $0 $0
2017 $71,823 $3,984,273 $2,693,908 $1,290,365
2016 $79,632 $4,278,407 $0 $0
2015 $56,801 $2,835,693 $0 $0
2014 $51,740 $2,700,660 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3125999

BeachesMLS (Greater Fort Lauderdale)

APN: 20-43-46-03-02-000-0130