NOT LISTED FOR SALE

Estimated Value: $5,293,000 - $10,575,038

1.54 Acres
$5,151,960 Price per Acre
67,082 Sq Ft Lot

Last Sold October 15, 2013

Last sale price $3,200,000

Est. 148% increase in value since last sale

Current estimated payment $54,414/month

1,109 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • 1.54 Acre Lot
  • Limestone Creek Elementary School Rated A-
  • River View
  • Interior Lot

About This Lot

As of October 2013

Premier estate homesite on the Loxahatchee River... Prestigious Pennock Point locale offering 1.54 acres with 169' of water frontage and eastern exposure. Truly the most spectacular river & lighthouse views on the Loxahatchee! Enjoy beautiful sunrises and Bahama-blue water... This homesite is the best of the best!

Last Agent to Sell the Property

Jaye Parker

Water Pointe Realty Group License #0552244 Listed on: 09/01/2010

Co-Listed By

Mark Eble

Water Pointe Realty Group License #0397250

Last Buyer's Agent

William Rosselle III

NV Realty Group, LLC License #3046947

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,383

Lot Details

  • 1.54 Acre Lot
  • Home fronts navigable water
  • River Front
  • Property fronts a county road
  • West Facing Home
  • Interior Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed

HOA Fees

  • $683 Monthly HOA Fees

Property Views

  • River Views

Listing and Financial Details

  • Assessor Parcel Number 00424035230000030

Community Details

Overview

  • Estates Of Pennock Point Subdivision

Recreation

  • Property has ocean access
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$30,383

Lot Details

0

HOA Fees

$683 per month

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Loxahatchee River Rd to Pennock Point Rd. Follow east to point.
  • Special Features: None

Exterior Features

  • View: River
  • Lot Features: Interior Lot
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, River Front, Seawall
  • Waterfront: Yes
  • Direction Faces: West

Condo/Co-op/Association

  • Association Fee: 683.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424035230000030
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.54
  • Lot Size: 66
  • Number Of Lots: 1
  • Zoning Description: Res

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 30383.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Aubtes Llc
Bought by
Taube Darren
Current Estimated Value
$7,934,019

Purchase Details

Listed on
Sep 1, 2010
Closed on
Oct 11, 2013
Sold by
Lexington Sdre Llc
Bought by
Aubtes Llc
Seller's Agent
Jaye Parker
Water Pointe Realty Group
Buyer's Agent
William Rosselle III
NV Realty Group, LLC
List Price
$3,690,000
Sold Price
$3,200,000
Premium/Discount to List
-$490,000
-13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%

Purchase Details

Closed on
Jul 21, 2004
Sold by
Martin Robert B and Martin Robin K
Bought by
Lexington Sdre Llc

Purchase Details

Closed on
Nov 25, 2003
Sold by
Estates Of Pennock Point Llc
Bought by
Martin Robert B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Taube Darren -- Attorney
Aubtes Llc $3,200,000 Attorney
Lexington Sdre Llc $2,863,636 All Florida Land Title Co
Martin Robert B $1,275,000 All Florida Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Robert B $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2013 10/15/13 Sold $3,200,000 -13.3% --
09/15/2013 09/15/13 Pending -- -- --
09/01/2010 09/01/10 For Sale $3,690,000 -- --
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 $138,014 $8,423,812 -- --
2023 $135,156 $8,178,458 $0 $0
2022 $134,598 $7,940,250 $0 $0
2021 $134,803 $7,708,981 $0 $0
2020 $134,252 $7,602,545 $0 $0
2019 $132,858 $7,431,618 $3,300,000 $4,131,618
2018 $134,387 $7,752,883 $3,276,000 $4,476,883
2017 $138,311 $7,848,889 $3,276,000 $4,572,889
2016 $49,868 $2,730,000 $0 $0
2015 $47,700 $2,514,600 $0 $0
2014 $43,739 $2,286,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3136517

BeachesMLS

APN: 00-42-40-35-23-000-0030