NOT LISTED FOR SALE

5250 Pennock Point Rd Jupiter, FL 33458

Pennock Point Neighborhood

Estimated Value: $4,210,000 - $7,557,000

1.43 Acres
$4,247,832 Price per Acre
62,291 Sq Ft Lot

Last Sold January 06, 2015

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

Est. 143% increase in value since last sale

Current estimated payment $39,101/month

375 Days on Market

Highlights

  • Property has ocean access
  • River View
  • 1.43 Acre Lot
  • Limestone Creek Elementary School Rated A-

About This Lot

As of January 2015

Pennock Point offers amazing water views, neighborhood warmth, and wooded acreage with the bonus of quick ocean access! Build your next home on this 1.43 acre parcel and it will likely be your last...Pennock is easy to find and so hard to leave!

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 11/26/2013

Last Buyer's Agent

Andrew Leibowitz

Leibowitz Realty Group, LLC./PBG License #0596219

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,831

Lot Details

  • 1.43 Acre Lot
  • River Front
  • Northeast Facing Home
  • 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

  • Property has ocean access
  • Fixed Bridges
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$24,831

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Indiantown Rd. to Center St., go N., L on Lox. Riv. Rd, R. on Pennock Pt Rd
  • Special Features: None

Exterior Features

  • View: River
  • View: Yes
  • Waterfront Features: Dock Access, Fixed Bridge, Ocean Access, River Front, Seawall
  • Waterfront: Yes
  • Direction Faces: Northeast

Lot Info

  • Parcel #: 00424035010050050
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 1.43
  • Lot Size: 69
  • Number Of Lots: 1
  • Zoning Description: RS

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 24831.0

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
Current Estimated Value
$6,074,400

Purchase Details

Closed on
Feb 28, 2020
Sold by
Bailey Larry D
Bought by
Arrigo James J and James S And Margaret E Arrigo Rev Fmtr

Purchase Details

Listed on
Nov 26, 2013
Closed on
Jan 6, 2015
Sold by
Rita William E and Rita Lori J
Bought by
Bailey Larry D and Oaktree Revocable Trust
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Andrew Leibowitz
Leibowitz Realty Group, LLC./PBG
List Price
$2,500,000
Sold Price
$2,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.60%

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
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
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 List to Sale Price per Sq Ft
01/06/2015 01/06/15 Sold $2,500,000 0.0% $500 / Sq Ft
12/07/2014 12/07/14 Pending -- -- --
11/26/2013 11/26/13 For Sale $2,500,000 -- $500 / 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 $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

  • Robert Thomson

    Seller's Agent in 2015

    Robert Thomson

    Waterfront Properties & Club C

    (561) 746-7272

    5 in this area

    256 Total Sales

    Robert Thomson
    Section Image

  • A

    Buyer's Agent in 2015

    Andrew Leibowitz

    Leibowitz Realty Group, LLC./PBG

    (561) 262-0724

    236 Total Sales

    Andrew Leibowitz
    Section Image
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Map

Source: BeachesMLS

MLS Number: R9996744

BeachesMLS

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

Florida Palm Beach County Jupiter 33458 Pennock Point

5250 Pennock Point Rd, Jupiter, FL

This home is located at 5250 Pennock Point Rd, Jupiter, FL 33458 since 26 November 2013 and is currently estimated at $6,074,400, approximately $1,213 per square foot. 5250 Pennock Point Rd is a home located in Palm Beach County with nearby schools including Limestone Creek Elementary School, Jupiter Middle School, and Jupiter High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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