NOT LISTED FOR SALE

Estimated Value: $8,308,000 - $12,910,826

5 Beds
8 Baths
6,046 Sq Ft
$1,755/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $9,000,000 $1,489 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $65,219/month

10 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Gunite Pool
  • Limestone Creek Elementary School Rated A-
  • Home fronts navigable water
  • Gated Community

About This Home

As of December 2020

British West Indies masterpiece situated on the Loxahatchee River in the premier neighborhood of The Estates of Pennock Point. Nestled on a 1.3+ acre, riverfront home site with 150' of waterfrontage overlooking the widest part of the river and Jupiter Lighthouse, this home was built in 2009 by Davis Construction, a Palm Beach high-end builder. Its spacious layout offers 5 bedrooms and 2 den/office rooms, 5 full baths plus 3 half baths, and a 3-car garage. Features of this impeccably detail-oriented home include: custom ceilings throughout; formal living & dining rooms; spacious family room with gas fireplace & built-in entertainment center; chef's kitchen with two large prep islands, custom cabinetry & top-of-the-line stainless steel appliances; wet-bar; impact glass throughout; and, an

Last Agent to Sell the Property

Jaye Parker

Water Pointe Realty Group License #0552244 Listed on: 11/11/2020

Co-Listed By

Mark Eble

Water Pointe Realty Group License #0397250

Last Buyer's Agent

Daniel and Dawn Malloy

Premier Brokers International License #3207434

Premier Brokers International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,043

Year Built

  • Built in 2009

Lot Details

  • 1.33 Acre Lot
  • Home fronts navigable water
  • River Front
  • Fenced
  • Sprinkler System
  • Fruit Trees

HOA Fees

  • $833 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • River
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 6,046 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Decorative Fireplace
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Motion Detectors
  • Impact Glass
  • Fire and Smoke Detector

Pool

  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • Seawall
  • Rip-Rap
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00424035230000020

Community Details

Overview

  • Association fees include common areas, insurance
  • Estates Of Pennock Point Subdivision

Recreation

  • Boat Ramp
  • Boating

Security

  • Phone Entry
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,043

Year Built

Built in 2009

Lot Details

0

HOA Fees

$833 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Loxahatchee River Road to Pennock Point Road - Take Pennock Point Road east to property!
  • Year Built: 2009
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Pantry, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 6046.0
  • Dining Room Type: Den, Family Room, In-Law Suite, Laundry, Recreation, Storage Room
  • Stories: 2
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Fruit Trees, Outdoor Grill, Patio
  • View: Pool, River
  • Lot Features: Sprinklers Automatic, Sprinkler System
  • Pool Features: Gunite, Heated, Pool, Salt Water
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, River Front, Riprap, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Security: Security System, Closed Circuit Camera(s), Security Gate, Motion Detectors, Phone Entry, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association Fee: 833.0
  • Community Features: Boat Facilities, Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Other

Lot Info

  • Parcel #: 00424035230000020
  • Lot Size: 1 to < 2 Acres,Paved Roa
  • Lot Size Sq Ft: 58143.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 55043.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 21, 2020
Sold by
Clark Stanley L and Clark Robin M
Bought by
Wenncrstrom Stig H and Wenncrstrom Stig
Seller's Agent
Jaye Parker
Water Pointe Realty Group
Buyer's Agent
Daniel and Dawn Malloy
Premier Brokers International
List Price
$8,500,000
Sold Price
$9,000,000
Premium/Discount to List
$500,000
5.88%
Total Days on Market
10
Current Estimated Value
$10,609,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,609,413
Avg. Annual Appreciation
8.52%
Original Mortgage
$9,555,000
Outstanding Balance
$8,719,893
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$4,263,477

Purchase Details

Closed on
Dec 29, 2008
Sold by
Slc Jupiter Llc
Bought by
Clark Stanley L

Purchase Details

Closed on
Mar 20, 2006
Sold by
Clark Stanley L
Bought by
Slc Jupiter Llc

Purchase Details

Closed on
Jul 21, 2004
Sold by
Estates Of Pennock Point Llc
Bought by
Waite Lox Llc
Source: Public Records

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Range of Values:

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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
Wenncrstrom Stig H $9,000,000 Attorney
Clark Stanley L -- Attorney
Slc Jupiter Llc -- None Available
Clark Stanley L $2,481,364 None Available
Waite Lox Llc $2,386,364 All Florida Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wennerstrom Stig $9,555,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $9,000,000 +5.9% $1,489 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $8,500,000 -- $1,406 / 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 $61,364 $3,793,817 -- --
2023 $60,084 $3,683,317 $0 $0
2022 $116,302 $6,886,486 $0 $0
2021 $116,472 $6,685,909 $0 $0
2020 $55,028 $3,136,736 $0 $0
2019 $54,450 $3,066,213 $0 $0
2018 $51,783 $3,009,041 $0 $0
2017 $51,528 $2,947,151 $0 $0
2016 $51,845 $2,886,534 $0 $0
2015 $53,237 $2,866,469 $0 $0
2014 $53,413 $2,843,719 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10670373

BeachesMLS

APN: 00-42-40-35-23-000-0020