$1,447,875
SOLD JAN 31, 2012
3 Beds
2 Baths
1,688 Sq Ft
0.65 Acres

Recently Sold

$858 Per Sq Ft

31% Below List Price

372 Days on Market

Highlights

  • Boat Ramp
  • Property has ocean access
  • Private Pool
  • Limestone Creek Elementary School Rated A-
  • Home fronts navigable water
  • Wood Flooring

About This Home

As of September 2017

This DREAM LOT is Located on gorgeous Pennock Point, and perfect for a waterfront estate home! A coveted boathouse over the dock still exists...waiting for a re-do too! Please do not walk the property without the listing agent, occupied - appt only!

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 12/24/2010

Last Buyer's Agent

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 12/24/2010

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,993

Year Built

  • Built in 1957

Lot Details

  • Home fronts navigable water
  • River Front
  • South Facing Home

Interior Spaces

  • 1,688 Sq Ft Home
  • 1-Story Property
  • Family Room

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Fixed Bridges

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00424035010000030

Community Details

Overview

  • Pennock Point Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,993

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Loxahatchee River Road to North entrance of Pennock Point,on left
  • Year Built: 1957
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 1688.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Fixed Bridge, Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: South

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424035010000030
  • Zoning Description: Res

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 11993.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2017
Closed on
Sep 14, 2017
Sold by
Pease Joseph J and Pease Sonya M
Bought by
Krypton Llc
Seller's Agent
Jo Ann Jacobson
Southern Shore Properties
Buyer's Agent
Andrew Leibowitz
Leibowitz Realty Group, LLC./PBG
List Price
$6,500,000
Sold Price
$5,700,000
Premium/Discount to List
-$800,000
-12.31%
Current Estimated Value
$7,001,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,301,451
Avg. Annual Appreciation
3.25%

Purchase Details

Listed on
Dec 24, 2010
Closed on
Jan 30, 2012
Sold by
Brooker Douglas J
Bought by
Pease Joseph J and Pease Sonya M
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$2,100,000
Sold Price
$1,447,875
Premium/Discount to List
-$652,125
-31.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.61%
Original Mortgage
$300,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 6, 1995
Sold by
Brooker David and Brooker Agnes
Bought by
Brooker Douglas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.76%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $5,700,000 Sovereign Shores Title Co In
Warranty Deed $1,447,875 Cove Title Services
Warranty Deed $265,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $900,000 Credit Line Revolving
Previous Owner $300,000 Seller Take Back
Previous Owner $300,000 Credit Line Revolving
Previous Owner $409,000 New Conventional
Previous Owner $400,000 Unknown
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 Unknown
Previous Owner $175,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2017 09/14/17 Sold $5,700,000 -12.3% $842 / Sq Ft
08/15/2017 08/15/17 Pending -- -- --
01/11/2017 01/11/17 For Sale $6,500,000 +348.9% $960 / Sq Ft
01/31/2012 01/31/12 Sold $1,447,875 -31.1% $858 / Sq Ft
01/01/2012 01/01/12 Pending -- -- --
12/24/2010 12/24/10 For Sale $2,100,000 -- $1,244 / 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 $210,789 $12,555,803 -- --
2023 $201,280 $11,414,366 $0 $0
2022 $176,689 $10,376,696 $0 $0
2021 $165,991 $9,556,133 $2,040,000 $7,516,133
2020 $45,428 $2,552,318 $2,000,000 $552,318
2019 $45,122 $2,503,789 $2,000,000 $503,789
2018 $85,330 $4,906,056 $2,142,000 $2,764,056
2017 $69,536 $3,969,788 $0 $0
2016 $69,969 $3,888,137 $0 $0
2015 $71,852 $3,861,109 $0 $0
2014 $79,121 $4,201,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3163159

BeachesMLS

APN: 00-42-40-35-01-000-0030