NOT LISTED FOR SALE

Estimated Value: $1,404,000 - $1,554,000

5 Beds
5 Baths
3,620 Sq Ft
$416/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $1,275,000 $352 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $10,328/month

55 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Vaulted Ceiling
  • Indian Trace Elementary School Rated A
  • Gated Community
  • 5-minute walk to Indian Trace Park

About This Home

As of November 2022

GORGEOUS 1-STORY LAKE FRONT HOME in Palm Island, one of Weston’s most prestigious and desirable communities. This spacious 5 bed / 5 bath home has an open floorplan, very high ceilings, and lots of natural light. OVERSIZE CORNER LOT, WITH ALMOST 20,000 SQ FT, with an expansive outside area and breathtaking views - perfect to entertain! NEWER ROOF. Access to A-Rated public schools. EXCELLENT AND VERY CONVENIENT LOCATION: walking distance to Elementary and Middle schools, parks / playgrounds, shopping, and Houses of Worship. Come live the best of Weston lifestyle!

Last Agent to Sell the Property

Estevam Hirschbruch

Coldwell Banker Realty License #3440889 Listed on: 09/08/2022

Coldwell Banker Realty

Co-Listed By

Ana Cristina Anauate Hirschbruch

Coldwell Banker Realty License #3282093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,059

Year Built

  • Built in 1990

Lot Details

  • 0.45 Acre Lot
  • 100 Ft Wide Lot
  • Lake Front
  • Northwest Facing Home
  • Fenced
  • Property is zoned RZ

HOA Fees

  • $242 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway
  • Paver Block
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,620 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room
  • Formal Dining Room
  • Open Floorplan
  • Wood Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • Fire and Smoke Detector

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 504018030160

Community Details

Overview

  • Sector 6,Palm Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,059

Year Built

Built in 1990

Lot Details

0

HOA Fees

$242 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: CBRE58
  • Co List Office Phone: 954-384-0099
  • Directions: To access the comunity, please go to main Gate at 700 Bayside Ln.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: SECTOR 6,Palm Island
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Volume Ceilings, Walk-In Closet(s), Family Room
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 3620
  • Possible Use: Primary
  • Window Features: Complete Accordian Shutters
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Formal Dining, Kitchen Dining
  • Living Room Features: Family Room

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Lake, Water
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • 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: SECTOR 6
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 725
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Additional Amenities, Gated Community, Paved Road
  • 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: 504018030160
  • Lot Size Sq Ft: 19567
  • Zoning: RZ
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Nov 17, 2022
Sold by
Deazulay Paloma Larrat and Deazulay Eric Chotguis
Bought by
Ellman Evan and Ellman Shirley
Seller's Agent
Estevam Hirschbruch
Coldwell Banker Realty
List Price
$1,385,000
Sold Price
$1,275,000
Premium/Discount to List
-$110,000
-7.94%
Views
6
Current Estimated Value
$1,504,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,711
Avg. Annual Appreciation
7.04%

Purchase Details

Closed on
Jun 24, 2021
Sold by
Korman Marcel and Korman Ellen J
Bought by
Deazulay Paloma Larrat and Almeida Eric Chotguis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 1990
Sold by
Available Not
Bought by
Available Not
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
Ellman Evan $1,275,000 --
Deazulay Paloma Larrat $850,000 Trans State Ttl Ins Agcy Llc
Available Not $306,743 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Deazulay Paloma Larrat $680,000
Previous Owner Korman Marcel $250,000
Previous Owner Korman Marcel $152,537
Previous Owner Korman Marcel $150,000
Previous Owner Korman Marcel $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $1,275,000 -7.9% $352 / Sq Ft
11/03/2022 11/03/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $1,385,000 -- $383 / 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 $22,833 $1,198,070 -- --
2024 $22,321 $1,164,310 $234,800 $895,600
2023 $22,321 $1,130,400 $234,800 $895,600
2022 $17,832 $868,640 $234,800 $633,840
2021 $11,059 $524,470 $0 $0
2020 $10,732 $517,230 $0 $0
2019 $10,446 $505,610 $0 $0
2018 $10,036 $496,190 $0 $0
2017 $9,563 $485,990 $0 $0
2016 $9,551 $476,000 $0 $0
2015 $9,712 $472,700 $0 $0
2014 $9,775 $468,950 $0 $0
2013 -- $606,150 $234,800 $371,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11269614

MIAMI REALTORS® MLS

APN: 50-40-18-03-0160