NOT LISTED FOR SALE

Estimated Value: $3,321,000 - $3,941,678

6 Beds
8 Baths
7,592 Sq Ft
$479/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,950,000 $257 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $22,026/month

153 Days on Market

Highlights

  • Guest House
  • Heated In Ground Pool
  • Contemporary Architecture
  • Limestone Creek Elementary School Rated A-
  • 1.59 Acre Lot
  • Marble Flooring

About This Home

As of August 2020

RARE OPPORTUNITY TO PURCHASE PRESTIGIOUS ESTATE HOME ON PENNOCK POINT AMONG MULTI-MILLION DOLLAR RIVERFRONT ESTATES. Stunning 1.59 acre CBS home, guest cottage & additional detached garage.Main home: 5 bd 5 bath 2 half bath,heated pool,spa,summer kitchen,formal & informal dining,living room,family room,theater,gourmet kitchen,office,molding & mill-work throughout,Travertine & wood flooring.Private master suite wing on the 1st floor. 2nd floor features 4bd 4 bath,large game room w/ 1/2 bath.Detached Guest Cottage: 1 bd living room,kitchenette,attached gym,& lots of storage.A total of 6 garage spaces: 2 attached, 2 detached, 2 w/ Guest Cottage. Lushly landscaped w/ Gazebo.500 gall

Last Agent to Sell the Property

Eric Pruitt

RE/MAX Select Group License #364652 Listed on: 04/09/2020

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,656

Year Built

  • Built in 1995

Lot Details

  • 1.59 Acre Lot
  • East Facing Home
  • Sprinkler System

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Siding
  • Stucco

Interior Spaces

  • 7,592 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Cathedral Ceiling
  • Decorative Fireplace
  • Shutters
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Pull Down Stairs to Attic
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 6 Car Detached Garage
  • Attached Carport
  • Garage Door Opener

Pool

  • Heated In Ground Pool
  • Saltwater Pool
  • Spa

Outdoor Features

  • Outdoor Kitchen
  • Outbuilding
  • Outdoor Grill
  • Porch

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,656

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • Directions: Loxahatchee River Road to Pennock Point onto Point Lane
  • Garage Yn: Yes
  • Lot Size Acres: 1.5896
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 2
  • Subdivision Name: Pennock Point
  • Year Built: 1995
  • Ownership: Executory Contract
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Attic, Wet Bar, Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Cathedral Ceiling(s), Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Jetted Tub, Kitchen Island, Master Downstairs, Pantry, Pull Down Attic Stairs, Sitting Area in Master, Split Bedrooms, Separate Shower
  • Living Area: 7592.0
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Stories: 2
  • Window Features: Shutters
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Disclosures: Seller Disclosure
  • Exterior Features: Sprinkler/Irrigation, Outdoor Grill, Outdoor Kitchen, Porch, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Open, Porch
  • Pool Features: Heated, In Ground, Salt Water
  • Pool Private: Yes
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 6.0
  • Parking Features: Attached Carport, Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: None

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28656.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2020
Closed on
Aug 14, 2020
Sold by
Buff Elaine M and Elaline M Buff Revocable Trust
Bought by
Berger John W and Berger Donna M
Seller's Agent
Eric Pruitt
RE/MAX Select Group
List Price
$2,500,000
Sold Price
$1,950,000
Premium/Discount to List
-$550,000
-22%
Current Estimated Value
$3,715,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,765,619
Avg. Annual Appreciation
11.68%

Purchase Details

Listed on
Dec 21, 2016
Closed on
Mar 6, 2017
Sold by
Layoun Chiheb Zarg and Boussetta Petra
Bought by
Buff Elaine M and The Elaine M Buff Revocable Trust
Seller's Agent
Tom Hughes
Compass Florida LLC
Buyer's Agent
Harm Meyer
EXP Realty LLC
List Price
$1,875,000
Sold Price
$1,813,000
Premium/Discount to List
-$62,000
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%

Purchase Details

Listed on
Jun 12, 2013
Closed on
Jan 24, 2014
Sold by
Thompson David F and Doyle Bridget
Bought by
Zarglayoun Chiheb
Seller's Agent
Thomas W
RE Counselor LLC
Buyer's Agent
Carla Christenson
Coastal Sotheby's Intl. Realty
List Price
$1,650,000
Sold Price
$1,375,000
Premium/Discount to List
-$275,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.27%
Original Mortgage
$962,500
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 5, 2012
Closed on
Mar 1, 2013
Sold by
Kramer Scott and Kramer Meryl E
Bought by
Thompson David F
Seller's Agent
Judi Collins
Jupiter Lighthouse Realty Inc
Buyer's Agent
Gerald Hooper
Jerry Hooper Real Estate LLC
List Price
$1,395,000
Sold Price
$1,270,000
Premium/Discount to List
-$125,000
-8.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$1,143,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2000
Sold by
Dobbs Irving L
Bought by
Kramer Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 1998
Sold by
Gooding Thomas S and Gooding Judith E
Bought by
Dobbs Irving L
Source: Public Records

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
Berger John W $1,950,000 South Fl Ttl Insurers Of Pal
Buff Elaine M $1,813,000 First American Title Ins Co
Zarglayoun Chiheb $1,375,000 Universal Land Title Llc
Thompson David F $1,270,000 Attorney
Kramer Scott $1,025,000 --
Dobbs Irving L $419,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarglayoun Chiheb $962,500
Previous Owner Thompson David F $1,143,000
Previous Owner Kramer Scott $225,000
Previous Owner Kramer Scott $150,000
Previous Owner Kramer Scott $100,000
Previous Owner Kramer Scott $50,000
Previous Owner Kramer Scott $925,000
Previous Owner Dobbs Irving L $150,000
Previous Owner Dobbs Irving L $768,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $1,950,000 0.0% $257 / Sq Ft
08/14/2020 08/14/20 Sold $1,950,000 -22.0% $257 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/15/2020 07/15/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $2,500,000 0.0% $329 / Sq Ft
02/13/2020 02/13/20 For Sale $2,500,000 +37.9% $329 / Sq Ft
03/06/2017 03/06/17 Sold $1,813,000 -3.3% $239 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
12/21/2016 12/21/16 For Sale $1,875,000 +36.4% $247 / Sq Ft
01/24/2014 01/24/14 Sold $1,375,000 -16.7% $181 / Sq Ft
12/25/2013 12/25/13 Pending -- -- --
06/12/2013 06/12/13 For Sale $1,650,000 +29.9% $217 / Sq Ft
03/01/2013 03/01/13 Sold $1,270,000 -9.0% $167 / Sq Ft
01/30/2013 01/30/13 Pending -- -- --
12/05/2012 12/05/12 For Sale $1,395,000 -- $184 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $20,194 $1,245,625 -- --
2023 $19,751 $1,209,345 $0 $0
2022 $19,649 $1,174,121 $0 $0
2021 $19,633 $1,139,923 $0 $0
2020 $27,771 $1,591,133 $480,000 $1,111,133
2019 $25,858 $1,424,809 $400,000 $1,024,809
2018 $28,656 $1,632,830 $393,139 $1,239,691
2017 $21,634 $1,249,539 $0 $0
2016 $21,758 $1,223,838 $0 $0
2015 $23,956 $1,261,983 $0 $0
2014 $20,708 $1,115,937 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20023349

Martin County REALTORS® of the Treasure Coast

APN: 00-42-40-35-01-002-0070