NOT LISTED FOR SALE

Estimated Value: $681,000 - $741,000

3 Beds
2.5 Baths
2,319 Sq Ft
$308/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $522,500 $225 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,833/month

32 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • High Ceiling
  • Timber Trace Elementary School Rated A
  • Mediterranean Architecture
  • Community Pool

About This Home

As of March 2021

Professional photos coming soon. Highly sought after pristine Madrid model facing east on the lake. Extremely well maintained by original owner. Location is everything and Paloma is minutes from restaurants, retail and culture. Very spacious, high ceilings, with large living areas and bedrooms. Take in the morning sun on the extended fenced-in patio so the dogs don't get out. Paver path leads from the driveway to a quaint front-door entry seating area. Large impact windows and sliders allow the sun to brighten every inch of this home. Very large loft area allows for office space, gaming area, or TV lounge. This home has all you need in this charming gated hamlet. Large 2 car garage allows for storage too.

Last Agent to Sell the Property

Andrew Levy

Echo Fine Properties License #3312796 Listed on: 01/27/2021

Co-Listed By

Jeff Lichtenstein

Echo Fine Properties License #698097

Last Buyer's Agent

Joe Quirk

Illustrated Properties LLC (Jupiter) License #3192756

Illustrated Properties LLC (Jupiter)

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 2008

Lot Details

  • Lake Front
  • Fenced
  • Sprinkler System

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 2,319 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Combination Dining and Living Room
  • Den
  • Lake Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Open Patio
  • Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 52424136100021310

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, pest control, pool(s), sewer, security, trash, water
  • Paloma Subdivision

Recreation

  • Community Pool
  • Community Spa
  • Park
  • Trails

Security

  • Gated Community
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,770

Year Built

Built in 2008

Lot Details

0

HOA Fees

$377 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Military Trail just South of Hood Road. Turn into Paloma and then the first right.
  • Year Built: 2008
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, Eat-in Kitchen, High Ceilings, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2319.0
  • Dining Room Type: Den, Laundry
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 377.0
  • Community Features: Gated, Park, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Pool, Spa/Hot Tub, Trail(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 52424136100021310
  • Lot Size: < 1/4 Acre,West of US-1
  • Zoning Description: RL3(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3770.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2021
Sold by
Olofsson Charlotte
Bought by
Olofsson Charlotte Helene and Olofsson Charlotte Helene
Current Estimated Value
$710,559

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 23, 2021
Sold by
Mandell Louis R and Mandell Alane M
Bought by
Olofsson Charlotte
Seller's Agent
Andrew Levy
Echo Fine Properties
Buyer's Agent
Joe Quirk
Illustrated Properties LLC (Jupiter)
List Price
$545,000
Sold Price
$522,500
Premium/Discount to List
-$22,500
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%

Purchase Details

Closed on
May 19, 2008
Sold by
M/I Homes Of West Palm Beach Llc
Bought by
Mandell Louis R and Mandell Alane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.84%
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
Olofsson Charlotte Helene -- Accommodation
Olofsson Charlotte $522,500 Homepartners Title Svcs Llc
Mandell Louis R $360,000 M-I Title Agency Ltd Lc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandell Louis R $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $522,500 -4.1% $225 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $545,000 -- $235 / 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 $6,785 $405,518 -- --
2023 $6,654 $393,707 $0 $0
2022 $6,630 $382,240 $0 $0
2021 $7,764 $385,575 $0 $385,575
2020 $7,331 $360,617 $0 $360,617
2019 $7,315 $355,658 $0 $355,658
2018 $7,142 $355,567 $0 $355,567
2017 $7,478 $365,601 $0 $0
2016 $3,874 $355,636 $0 $0
2015 $7,355 $334,434 $0 $0
2014 $7,045 $304,031 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10687839

BeachesMLS

APN: 52-42-41-36-10-002-1310