NOT LISTED FOR SALE

Estimated Value: $697,000 - $733,000

3 Beds
2.5 Baths
2,519 Sq Ft
$285/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $470,000 $187 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,794/month

96 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Screened Porch
  • Timber Trace Elementary School Rated A
  • Loft
  • Community Pool

About This Home

As of February 2020

Luxuriously updated, light, and spacious, 3BR/2.5BA + oversized loft open-plan on the BEST premium waterfront lot in all of Paloma. A family-oriented, private gated community in Palm Beach Gardens. Desirable features include a 2 car garage, volume ceilings with crown molding and recessed lighting, porcelain tile flooring, open concept kitchen with stainless steel appliances, large windows and sliding glass doors, neutral colors, a large master suite with deep walk-in closet and a screened in patio area with a fenced-in grass space overlooking the lake and fountain.

Last Agent to Sell the Property

Craig Heger

Echo Fine Properties License #3284766 Listed on: 10/21/2019

Co-Listed By

Jeff Lichtenstein

Echo Fine Properties License #698097

Last Buyer's Agent

Dylan Snyder

Compass Florida LLC License #0698137

Compass Florida LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,245

Year Built

  • Built in 2007

Lot Details

  • Lake Front
  • Fenced

HOA Fees

  • $390 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,519 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Loft
  • Screened Porch
  • Lake Views
  • Security Gate

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52424136100020990

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s), reserve fund, security
  • 200 Units
  • Paloma Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,245

Year Built

Built in 2007

Lot Details

0

HOA Fees

$390 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Take Military Trail to Victoria Falls Blvd Head west and make first right to guard gate. Once called through gate make a right on Cadiz Circle
  • Year Built: 2007
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, High Ceilings, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2519.0
  • Dining Room Type: Laundry, Loft, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Enclosed Porch, Fence
  • View: Lake
  • Lot Features: < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 390.0
  • Community Features: Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s), Reserve Fund, Security

Lot Info

  • Parcel #: 52424136100020990
  • Zoning Description: RL3(ci

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 7245.0

Multi Family

  • Number Of Units In Community: 200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Feb 20, 2020
Sold by
Sommer Scott and Sommer Zsuzsanna
Bought by
Catania Eric and Knight Catania Jerrica
Seller's Agent
Craig Heger
Echo Fine Properties
Buyer's Agent
Dylan Snyder
Compass Florida LLC
List Price
$525,000
Sold Price
$470,000
Premium/Discount to List
-$55,000
-10.48%
Current Estimated Value
$717,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,976
Avg. Annual Appreciation
7.82%
Original Mortgage
$446,500
Outstanding Balance
$395,344
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$322,632

Purchase Details

Closed on
Jun 28, 2018
Sold by
Newman Nathan
Bought by
Sommer Scott and Sommer Zsuzsanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.59%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 26, 2007
Sold by
M/I Homes Of West Palm Beach Llc
Bought by
Newman Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,200
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Catania Eric $470,000 Property Transfer Svcs Inc
Sommer Scott $375,000 None Available
Newman Nathan $414,990 M-I Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Catania Eric $446,500
Previous Owner Sommer Scott $410,000
Previous Owner Newman Nathan $394,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2020 02/25/20 Sold $470,000 -10.5% $187 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
10/21/2019 10/21/19 For Sale $525,000 0.0% $208 / Sq Ft
11/01/2014 11/01/14 Rented $2,900 -3.3% --
10/02/2014 10/02/14 Under Contract -- -- --
08/21/2014 08/21/14 For Rent $3,000 -- --
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 $7,174 $427,193 -- --
2023 $7,037 $414,750 $0 $0
2022 $7,013 $402,670 $0 $0
2021 $7,063 $390,942 $0 $390,942
2020 $7,437 $365,992 $0 $365,992
2019 $5,709 $316,147 $0 $0
2018 $7,245 $360,889 $0 $360,889
2017 $7,583 $370,920 $0 $0
2016 $4,673 $260,074 $0 $0
2015 $4,779 $258,266 $0 $0
2014 $4,821 $256,216 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10571362

BeachesMLS

APN: 52-42-41-36-10-002-0990