NOT LISTED FOR SALE

Estimated Value: $5,010,282 - $7,281,000

1.36 Acres
$4,472,479 Price per Acre
59,242 Sq Ft Lot

Last Sold March 04, 2020

Last sale price $3,400,000

Est. 79% increase in value since last sale

Current estimated payment $40,653/month

407 Days on Market

Highlights

  • River View
  • 1.36 Acre Lot
  • Seawall
  • Limestone Creek Elementary School Rated A-
  • Paved or Partially Paved Lot

About This Lot

As of March 2020

Almost 1.4 acre of vacant land on the River, just waiting for you to come build your dream home. 157.45 feet of waterfront. 40 foot boat max. Please call listing agent for further information.

Last Listed By

Michael Leibowitz

Leibowitz Realty Group, LLC./PBG License #3002957 Listed on: 12/22/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $42,533

Year Built

  • 1976

Lot Details

  • 1.36 Acre Lot
  • River Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RS

Property Views

  • River Views

Listing and Financial Details

  • Assessor Parcel Number 00424035010050050

Community Details

Overview

  • Pennock Point Subdivision

Recreation

  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$42,533

Year Built

1976

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Loxahatchee River Rd. North to Pennock Point.
  • Special Features: VirtualTour
  • Year Built (Public Record): 1976

Exterior Features

  • View: River
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: River Front, Seawall
  • Waterfront: Yes

Lot Info

  • Parcel #: 00424035010050050
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.36
  • Lot Size: 69
  • Lot Size Sq Ft: 59284.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 42533.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2025
Sold by
Arrigo James J and James J And Margaret E Arrigo Revocable
Bought by
Dolphin Revocable Trust and Koch
Total Days on Market
407
Current Estimated Value
$6,082,571

Purchase Details

Listed on
Dec 22, 2018
Closed on
Feb 28, 2020
Sold by
Bailey Larry D
Bought by
Arrigo James J and James S And Margaret E Arrigo Rev Fmtr
Seller's Agent
Michael Leibowitz
Leibowitz Realty Group, LLC./PBG
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$3,995,000
Sold Price
$3,400,000
Premium/Discount to List
-$595,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%

Purchase Details

Closed on
Jan 6, 2015
Sold by
Rita William E and Rita Lori J
Bought by
Bailey Larry D and Oaktree Revocable Trust

Purchase Details

Closed on
Mar 23, 2005
Sold by
East Coast Mechanical Inc
Bought by
Rita William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Margolies Richard P
Bought by
East Coast Mechanical Inc

Purchase Details

Closed on
May 7, 1999
Sold by
Gmac Mortgage Corp
Bought by
Margolies Richard P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1998
Sold by
Clerk Of The Court
Bought by
Gmac Mortgage Corp

Purchase Details

Closed on
May 2, 1995
Sold by
Miller Marilyn L
Bought by
Miller Donald W

Range of Values:

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Average Value
Not Available
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
Dolphin Revocable Trust $35,000,000 Trident Title
Dolphin Revocable Trust $35,000,000 Trident Title
Arrigo James J $3,400,000 Attorney
Bailey Larry D $2,500,000 Assured Title Agency
Rita William E $2,600,000 --
East Coast Mechanical Inc $1,900,000 --
Margolies Richard P $825,000 --
Gmac Mortgage Corp $680,000 --
Miller Donald W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rita William E $1,250,000
Previous Owner Gmac Mortgage Corp $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2020 03/04/20 Sold $3,400,000 -14.9% --
02/03/2020 02/03/20 Pending -- -- --
12/22/2018 12/22/18 For Sale $3,995,000 -- --
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 $81,226 $4,073,526 -- --
2023 $78,427 $3,703,205 $0 $0
2022 $67,604 $3,366,550 -- --
2021 $53,440 $3,060,500 $3,060,000 $500
2020 $52,915 $3,000,500 $3,000,000 $500
2019 $53,969 $3,300,500 $3,300,000 $500
2018 $49,276 $3,276,500 $3,276,000 $500
2017 $42,533 $2,517,980 $2,517,480 $500
2016 $38,439 $2,098,400 $0 $0
2015 $32,863 $1,551,586 $0 $0
2014 $28,822 $1,410,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

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  • 19370 Loxahatchee River Rd, Jupiter, FL 33458

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Source: BeachesMLS

MLS Number: R10490165

BeachesMLS

APN: 00-42-40-35-01-005-0050