NOT LISTED FOR SALE

Estimated Value: $5,632,000 - $10,780,821

0.72 Acre
$11,061,853 Price per Acre
31,500 Sq Ft Lot

Last Sold November 16, 2018

Last sale price $3,350,000 $810 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $55,130/month

74 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Interior Lot
  • Limestone Creek Elementary School Rated A-
  • River View

About This Lot

As of November 2018

Beautiful Riverfront lot with wide panoramic views on the Loxahatchee River. Located in the most desirable neighborhood of ''Pennock Point'' build your dream home with premier builder Turtle Beach Construction. This is for the LOT ONLY the existing home will be torn down in a few weeks.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 08/03/2018

Last Buyer's Agent

Jaye Parker

Water Pointe Realty Group License #0552244

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,978

Lot Details

  • 0.72 Acre Lot
  • Home fronts navigable water
  • River Front
  • Property fronts a county road
  • Southwest Facing Home
  • Interior Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RS

Property Views

  • River Views

Listing and Financial Details

  • Assessor Parcel Number 00424035010000050

Community Details

Overview

  • Pennock Point Subdivision

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$40,978

Lot Details

0

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
  • Lot Features: Interior Lot
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Direction Faces: Southwest

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 00424035010000050
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 31500.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 40978.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Nov 16, 2018
Sold by
Allgood Florida Properties Llc
Bought by
Finemark National Bank And Trust Na and Evoc1108 Trust
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Jaye Parker
Water Pointe Realty Group
List Price
$3,500,000
Sold Price
$3,350,000
Premium/Discount to List
-$150,000
-4.29%
Current Estimated Value
$7,999,274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,649,274
Avg. Annual Appreciation
13.44%

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jul 10, 2018
Sold by
Barnes Helen and Barnes Kelly Lynn
Bought by
Allgood Florida Properties Llc
Seller's Agent
Jaye Parker
Water Pointe Realty Group
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$4,000,000
Sold Price
$3,100,000
Premium/Discount to List
-$900,000
-22.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.81%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Finemark National Bank And Trust Na $3,350,000 Assured Title Agency
Allgood Florida Properties Llc $3,100,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2018 11/16/18 Sold $3,350,000 -4.3% $810 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $3,500,000 +12.9% $846 / Sq Ft
07/10/2018 07/10/18 Sold $3,100,000 -22.5% $750 / Sq Ft View Prior Sale
06/10/2018 06/10/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $4,000,000 -- $967 / 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 $152,622 $9,345,921 -- --
2023 $133,034 $7,164,205 $0 $0
2022 $45,283 $2,244,000 $0 $0
2021 $35,815 $2,051,156 $2,040,000 $11,156
2020 $35,472 $2,011,396 $2,000,000 $11,396
2019 $35,915 $2,011,586 $2,000,000 $11,586
2018 $42,381 $2,425,499 $2,142,000 $283,499
2017 $40,978 $2,434,197 $2,142,000 $292,197
2016 $37,003 $2,026,070 $0 $0
2015 $36,283 $1,920,644 $0 $0
2014 $13,677 $744,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10452882

BeachesMLS

APN: 00-42-40-35-01-000-0050