NOT LISTED FOR SALE

Estimated Value: $4,566,000 - $15,424,513

5 Beds
4 Baths
7,658 Sq Ft
$1,305/Sq Ft Est. Value

Last Sold December 19, 2012

Last sale price $2,500,000 $326 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $69,658/month

301 Days on Market

Highlights

  • Private Pool
  • River View
  • Deck
  • Limestone Creek Elementary School Rated A-
  • Fruit Trees
  • Roman Tub

About This Home

As of December 2012

Sprawling 2.54 acres of property is the largest remaining tract on Pennock Pt with 200'of waterfront. The house is the original home of Pete Pennock from the 1920's.Waterfront is prime with dockage.Home is a remodel or knockdown. New roof in '08.

Last Listed By

Gary Ferrara

Atlantic Florida Properties Inc License #3230343 Listed on: 01/22/2012

Atlantic Florida Properties Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,028

Year Built

  • Built in 1973

Lot Details

  • River Front
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Fruit Trees
  • Property is zoned Rs

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 7,658 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Family Room
  • Sun or Florida Room
  • River Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • 4 Full Bathrooms
  • Roman Tub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Pennock Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424035010060020

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,028

Year Built

Built in 1973

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Indiantown Rd, NE on Center,Loxahatchee Rd to Pennock Pt. Rd.
  • Year Built: 1973
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Garden Tub/Roman Tub, Pantry, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Terrazzo
  • Living Area: 7658.0
  • Dining Room Type: Family Room, Florida Room, Great Room, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Deck, Fence, Fruit Trees
  • View: River
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Deck
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424035010060020
  • Zoning Description: Rs

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 25028.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Fowler Rick Y and Fowler Allison S
Bought by
Fowler Rick Y and Fowler Allison S
Total Days on Market
301
Current Estimated Value
$9,995,257

Purchase Details

Closed on
Oct 4, 2016
Sold by
Demers Christian F and Demers Edeluisa
Bought by
Fowler Rick Y and Rick Fowler Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$8,140,113
Interest Rate
3.44%
Mortgage Type
New Conventional
Estimated Equity
$4,500,784

Purchase Details

Listed on
Jan 22, 2012
Closed on
Dec 19, 2012
Sold by
Sudduth Norman C and Sudduth Rebecca M
Bought by
Demers Christian F
Seller's Agent
Gary Ferrara
Atlantic Florida Properties Inc
Buyer's Agent
Jeremy Browne
Compass Florida LLC
List Price
$3,250,000
Sold Price
$2,500,000
Premium/Discount to List
-$750,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.00%

Purchase Details

Closed on
May 28, 2005
Sold by
Sudduth Norman C and Sudduth Rebecca M
Bought by
Sudduth Norman C

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
Fowler Rick Y -- Attorney
Fowler Rick Y -- Attorney
Fowler Rick Y $12,552,325 None Available
Demers Christian F $2,500,000 None Available
Sudduth Norman C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fowler Rick Y $10,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2012 12/19/12 Sold $2,500,000 -23.1% $326 / Sq Ft
11/19/2012 11/19/12 Pending -- -- --
01/22/2012 01/22/12 For Sale $3,250,000 -- $424 / 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 $167,719 $10,240,753 -- --
2023 $164,249 $9,942,479 $0 $0
2022 $163,576 $9,652,892 $0 $0
2021 $163,837 $9,371,740 $0 $0
2020 $163,171 $9,242,347 $0 $0
2019 $161,477 $9,034,552 $3,500,000 $5,534,552
2018 $164,553 $9,495,133 $0 $0
2017 $163,861 $9,299,836 $0 $0
2016 $119,683 $6,569,378 $0 $0
2015 $46,542 $2,444,214 $0 $0
2014 $42,680 $2,222,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS

MLS Number: R3254123

BeachesMLS

APN: 00-42-40-35-01-006-0020