$940,000
SOLD MAR 23, 2017
4 Beds
3.5 Baths
4,918 Sq Ft
0.46 Acres

Recently Sold

$191 Per Sq Ft

8% Below List Price

183 Days on Market

Highlights

  • Lake Front
  • Home Theater
  • Sitting Area In Primary Bedroom
  • Indian Trace Elementary School Rated A
  • In Ground Pool
  • Gated Community

About This Home

As of November 2020

Stunning spacious home features 4 bedrooms, 3.5 bathrooms, plus an office and an oversized 30x31 bonus room/in-law suite. All with amazing panoramic lakefront views. Extremely private large lot in double gated Palm Island. 4918 square feet with vaulted ceilings, tall 6 panel doors, and 5 sets of double sliding doors out to a serene pool and spa. This impressive open-concept home is split floor plan with newer roof and plenty of storage, large bedrooms, and 3 car garage with circular driveway.

Last Agent to Sell the Property

Ralph Harvey

MMLS Assoc.-Inactive Member License #3337811 Listed on: 08/16/2016

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Zarife Chalan

RE/MAX Select Group License #3104635

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,482

Year Built

  • Built in 1991

Lot Details

  • 0.46 Acre Lot
  • 100 Ft Wide Lot
  • Lake Front
  • East Facing Home
  • Fenced
  • Property is zoned RE

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,918 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Single Hung Metal Windows
  • Sliding Windows
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Lake Views
  • Security System Owned
  • Attic

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504018030800

Community Details

Overview

  • Palm Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,482

Year Built

Built in 1991

Lot Details

0

HOA Fees

$192 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1991
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Use Royal Palm Blvd gate (Indian Trace gate is for residents only). Turn onto Bayside Lane from Royal Palm Blvd (across from Weston Hills Country Club).
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Palm Island
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Cooking Island, Pantry, Skylight, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Walk-In Closet(s), Attic, Den/Library/Office, Family Room, Media Room, Other, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Other, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 4918
  • Other Equipment: Automatic Garage Door Opener, Central Vacuum
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Skylight, Other Windows, Single Hung Metal, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Eat-In Kitchen, Formal Dining, Snack Bar/Counter
  • Living Room Features: Attic, Den/Library/Office, Family Room, Media Room, Other, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Lake
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/Pool/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Palm Island
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 575
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community, None, Paved Road, Public Road, Sidewalks
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel Number: 504018030800
  • Lot Size Sq Ft: 20075
  • Zoning: RE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 14482

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2020
Closed on
Nov 12, 2020
Sold by
Novak Llc
Bought by
Patel Shamit and Patel Kusumben
Seller's Agent
Zarife Chalan
RE/MAX Select Group
Buyer's Agent
Maria Llop
Avanti Way Premiere
List Price
$1,150,000
Sold Price
$1,090,000
Premium/Discount to List
-$60,000
-5.22%
Total Days on Market
183
Current Estimated Value
$1,742,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,787
Avg. Annual Appreciation
10.87%

Purchase Details

Listed on
Aug 16, 2016
Closed on
Mar 23, 2017
Sold by
Coyle Sean M and Coyle Roxanne
Bought by
Novak Llc
Seller's Agent
Ralph Harvey
MMLS Assoc.-Inactive Member
Buyer's Agent
Zarife Chalan
RE/MAX Select Group
List Price
$1,020,000
Sold Price
$940,000
Premium/Discount to List
-$80,000
-7.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.15%
Original Mortgage
$564,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 20, 2013
Sold by
Palfrey Patrick A and Palfrey Faye E
Bought by
Coyle Sean M and Coyle Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 1993
Sold by
Jetter Paul D and Jetter Amy D
Bought by
Palfrey Patrick A and Palfrey Faye E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.22%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $1,090,000 Omega Title Florida Llc
Warranty Deed $940,000 None Available
Warranty Deed $815,000 Sunbelt Title Agency
Warranty Deed $455,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $564,000 Adjustable Rate Mortgage/ARM
Previous Owner $615,000 New Conventional
Previous Owner $178,000 Credit Line Revolving
Previous Owner $330,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2020 11/12/20 Sold $1,090,000 -5.2% $260 / Sq Ft
08/10/2020 08/10/20 For Sale $1,150,000 +22.3% $274 / Sq Ft
03/23/2017 03/23/17 Sold $940,000 0.0% $191 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
02/15/2017 02/15/17 Off Market $940,000 -- --
01/10/2017 01/10/17 Price Changed $999,900 -1.5% $203 / Sq Ft
11/03/2016 11/03/16 Price Changed $1,015,000 -0.5% $206 / Sq Ft
08/16/2016 08/16/16 For Sale $1,020,000 -- $207 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $26,132 $1,313,620 -- --
2024 $23,851 $1,313,620 -- --
2023 $23,851 $1,085,640 $0 $0
2022 $20,237 $986,950 $0 $0
2021 $18,338 $897,230 $240,900 $656,330
2020 $17,878 $883,950 $240,900 $643,050
2019 $16,651 $816,100 $240,900 $575,200
2018 $16,863 $847,710 $240,900 $606,810
2017 $14,184 $761,090 $0 $0
2016 $14,208 $745,440 $0 $0
2015 $14,482 $740,260 $0 $0
2014 $14,599 $734,390 $0 $0
2013 -- $699,960 $240,850 $459,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10132873

MIAMI REALTORS® MLS

APN: 50-40-18-03-0800