NOT LISTED FOR SALE

Estimated Value: $5,406,000 - $12,490,111

1.4 Acres
$6,391,469 Price per Acre
60,984 Sq Ft Lot

Last Sold July 30, 2015

Last sale price $3,425,000

Est. 161% increase in value since last sale

Current estimated payment $60,653/month

131 Days on Market

Highlights

  • River View
  • Limestone Creek Elementary School Rated A-
  • 1.4 Acre Lot

About This Lot

As of July 2015

This premier lot in the Estates of Pennock Point. Offering 1.40 acres with 150' of water frontage.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 02/18/2015

Last Buyer's Agent

Susan Schupp

Illustrated Properties LLC (Co License #696687

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,022

Lot Details

  • 1.4 Acre Lot
  • River Front
  • Property fronts a county road
  • West Facing Home
  • Site Plan Filed

HOA Fees

  • $683 Monthly HOA Fees

Property Views

  • River Views

Community Details

  • Est Of Pennock Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424035230000010

Property Details

Property Type

Land

Est. Annual Taxes

$38,022

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 Road to Pennock Point
  • Special Features: None

Exterior Features

  • View: River
  • Road Frontage Type: County Road
  • View: Yes
  • Waterfront Features: Dock Access, River Front
  • Waterfront: Yes
  • Direction Faces: West

Condo/Co-op/Association

  • Association Fee: 683.0
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424035230000010
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.4
  • Lot Size: 100
  • Lot Size Sq Ft: 60984.0
  • Number Of Lots: 1
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 38022.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2018
Sold by
Double P Partners Llc
Bought by
Hay Lewis
Total Days on Market
131
Current Estimated Value
$8,948,056

Purchase Details

Listed on
Feb 18, 2015
Closed on
Jul 30, 2015
Sold by
Allgood Florida Properties Llc
Bought by
Double P Partners Llc
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Susan Schupp
Illustrated Properties LLC (Co
List Price
$3,600,000
Sold Price
$3,425,000
Premium/Discount to List
-$175,000
-4.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Listed on
Jul 17, 2014
Closed on
Aug 18, 2014
Sold by
Theryoung Richard and Theryoung Patricia
Bought by
Allgood 119 Spinnaker Llc
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$2,850,000
Sold Price
$2,600,000
Premium/Discount to List
-$250,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.47%

Purchase Details

Listed on
Nov 12, 2012
Closed on
Nov 12, 2013
Sold by
Bailey Larry D
Bought by
Theryoung Richard
Seller's Agent
Jaye Parker
Water Pointe Realty Group
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$2,250,000
Sold Price
$2,250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.24%
Original Mortgage
$4,550,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 2, 2004
Sold by
Estates Of Pennock Point Llc
Bought by
Davis Keven J and Oaktree Revocable Trust
Source: Public Records

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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
Hay Lewis -- Attorney
Double P Partners Llc $3,425,000 Attorney
Allgood 119 Spinnaker Llc $2,600,000 Attorney
Theryoung Richard $2,250,000 Attorney
Davis Keven J $2,450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Theryoung Richard $4,550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $3,425,000 -4.9% --
06/30/2015 06/30/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $3,600,000 +38.5% --
08/05/2014 08/05/14 Sold $2,600,000 -8.8% --
07/17/2014 07/17/14 For Sale $2,850,000 +26.7% --
11/14/2013 11/14/13 Sold $2,250,000 0.0% --
10/15/2013 10/15/13 Pending -- -- --
11/12/2012 11/12/12 For Sale $2,250,000 -- --
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 $121,480 $7,412,497 -- --
2023 $118,963 $7,196,599 $0 $0
2022 $118,469 $6,986,989 $0 $0
2021 $118,487 $6,774,552 $0 $0
2020 $118,001 $6,681,018 $0 $0
2019 $116,775 $6,530,809 $0 $0
2018 $57,831 $3,313,082 $3,276,000 $37,082
2017 $55,876 $3,314,627 $3,276,000 $38,627
2016 $49,868 $2,730,000 $0 $0
2015 $41,683 $2,202,230 $0 $0
2014 $38,022 $1,983,991 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10112633

BeachesMLS

APN: 00-42-40-35-23-000-0010