NOT LISTED FOR SALE

Estimated Value: $1,611,000 - $1,727,694

5 Beds
6 Baths
3,900 Sq Ft
$428/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $1,060,000 $272 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,617/month

46 Days on Market

Highlights

  • 69 Feet of Waterfront
  • Pool is Self Cleaning
  • Lake View
  • Indian Trace Elementary School Rated A
  • Gated Community
  • Marble Flooring

About This Home

As of February 2021

STUNNING 5BD/4.5BA/3CG custom home with many NEW updates on picturesque lakefront lot in boutique enclave of Palm Island with screened pool/raised spa & huge covered patio, perfect for year-round comfort! Almost 4000SF, light, bright, spacious interior, meticulously maintained! Split floorplan with sep kids wing, including suite perfect for in-laws! Solid hardwood & marble flooring in living areas & Master. Luxurious Master Bath, Cabana Bath, gorgeous granite/stainless kitchen w/center island, double ovens, wet bar. BRAND NEW 2020 UPDATES include: entire interior painted in modern white, new flat soaring ceilings (popcorn removed), new modern chandeliers, all LED lights, new sprinkler, pool pump, patio fan, water heater! New Roof 2012, accordions, custom closets, crown molding & much more!

Last Agent to Sell the Property

Adele Pick

Coldwell Banker Realty License #0676308 Listed on: 12/07/2020

Coldwell Banker Realty

Co-Listed By

Robert Giordano

Coldwell Banker Realty License #0705248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,070

Year Built

  • Built in 1993

Lot Details

  • 0.38 Acre Lot
  • 69 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Sprinkler System

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Pool

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,900 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Screened Porch
  • Utility Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Pool

  • Pool is Self Cleaning
  • Spa
  • Screen Enclosure
  • Pool Equipment or Cover

Outdoor Features

  • Patio

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 504018031240

Community Details

Overview

  • Association fees include common areas, maintenance structure, recreation facilities, security
  • Palm Island Subdivision, Custom Lakefront Floorplan

Recreation

  • Tennis Courts
  • Community Playground

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,070

Year Built

Built in 1993

Lot Details

0

HOA Fees

$208 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS may take you to the Indian Trace gate, but that's for the Palm Island residents only. Please enter by guard gate from Royal Palm Blvd. After guard gate, there'll be another gate exclusive to Palm Island; proceed and make a right on Coconut Cir.
  • Year Built: 1993
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Entrance Foyer, High Ceilings, Kitchen Island, Sitting Area in Master, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Marble, Wood
  • Living Area: 3900.0
  • Dining Room Type: Family Room, Laundry, Utility Room, Master Bedroom, Sitting Room
  • Window Features: Blinds, Sliding

Exterior Features

  • Exterior Features: Enclosed Porch, Lighting, Patio, Storm/Security Shutters
  • View: Lake, Pool
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: Cleaning System, Pool Equipment, Pool, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 624.0
  • Community Features: Gated, Playground, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Structure, Recreation Facilities, Security

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel #: 504018031240
  • Lot Size Sq Ft: 16765.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15070.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Feb 19, 2021
Sold by
Jamhour Joseph A and Jamhour Sayde B
Bought by
Olano Alex Jacob
Seller's Agent
Adele Pick
Coldwell Banker Realty
List Price
$1,050,000
Sold Price
$1,060,000
Premium/Discount to List
$10,000
0.95%
Total Days on Market
46
Current Estimated Value
$1,667,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$607,424
Avg. Annual Appreciation
11.16%
Original Mortgage
$520,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 7, 2016
Sold by
Baker Dale and Baker Mary
Bought by
Jamhour Joseph A and Jamhour Sayde B B
Seller's Agent
Frances Duhe
Berkshire Hathaway HomeServices Florida Realty
Buyer's Agent
Laurie Reader
Keller Williams Dedicated Professionals
List Price
$890,000
Sold Price
$861,250
Premium/Discount to List
-$28,750
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Lamirande John E and Lamirande Jacqueline F
Bought by
Baker Dale and Baker Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
9.26%

Purchase Details

Closed on
Mar 1, 1992
Sold by
Available Not
Bought by
Available Not
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 Buyer Sale Price Title Company
Olano Alex Jacob $1,060,000 Gulf Stream Title Llc
Jamhour Joseph A $861,300 Attorney
Baker Dale $475,000 --
Available Not $365,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olano Alex Jacob $520,000
Previous Owner Baker Mary E $105,200
Previous Owner Baker Dale S $417,000
Previous Owner Baker Dale $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $1,060,000 +1.0% $272 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
12/07/2020 12/07/20 For Sale $1,050,000 +21.9% $269 / Sq Ft
06/07/2016 06/07/16 Sold $861,250 -3.2% $202 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $890,000 -- $209 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 -- $1,399,910 -- --
2024 $24,582 $1,399,910 $201,180 $1,070,200
2023 $24,582 $1,156,960 $0 $0
2022 $20,765 $1,051,790 $201,180 $850,610
2021 $15,818 $811,060 $0 $0
2020 $15,428 $799,870 $0 $0
2019 $15,070 $781,890 $0 $0
2018 $14,496 $767,320 $201,180 $566,140
2017 $14,438 $792,400 $0 $0
2016 $9,477 $484,930 $0 $0
2015 $9,642 $481,560 $0 $0
2014 $9,707 $477,740 $0 $0
2013 -- $658,260 $201,190 $457,070
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10261461

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-18-03-1240