NOT LISTED FOR SALE

Estimated Value: $4,840,000 - $9,026,000

7 Beds
9 Baths
6,882 Sq Ft
$1,115/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $5,850,000 $850 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $52,382/month

277 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • RV Access or Parking
  • Limestone Creek Elementary School Rated A-
  • Gunite Pool
  • Garage Apartment

About This Home

As of October 2020

HOME IS VACANT easy to show - Magnificent Pennock Point grand estate located on the Loxahatchee River with 144 ft. of frontage. Gated entry with long Chicago Brick driveway lead to this unique 1.72 acre compound. This Architecturally elegant plantation style home features 4 bedrooms with 4789 sf living area in main house + a 2 bedroom guesthouse, an au pair suite above the garage and separate fitness room. Detailed finishes throughout include Impact glass, French doors, Bamboo floors, Crown Molding, Formal living room with fireplace and waterfront views , Dining room with wine room. Light and bright Gourmet kitchen features Chefs Island w/sink, Subzero refrigerator & Viking appliances. Office with wet bar & family room with stunning waterfront views overlooking a resort style pool & sp

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 12/27/2019

Last Buyer's Agent

Eric Ditri

Waterfront Properties & Club C License #3251325

Waterfront Properties & Club C

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,075

Year Built

  • Built in 2000

Lot Details

  • 1.72 Acre Lot
  • Home fronts navigable water
  • River Front
  • Fenced
  • Sprinkler System
  • Property is zoned RS

Parking

  • 3 Car Garage
  • Garage Apartment
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • River
  • Pool

Home Design

  • Metal Roof

Interior Spaces

  • 6,882 Sq Ft Home
  • 2-Story Property
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Bar
  • Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • In-Law or Guest Suite
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Impact Glass

Outdoor Features

  • Gunite Pool
  • Property has ocean access
  • Patio
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Pennock Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424035040020021

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,075

Year Built

Built in 2000

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Loxahatchee River Road, to Pennock Point Road. Private gated entrance.
  • Year Built: 2000
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Custom Mirrors, Pantry, Split Bedrooms, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Gas Range, Ice Maker, Microwave, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 6882.0
  • Dining Room Type: Den, Family Room, Florida Room, Garage Apartment, In-Law Suite, Laundry, Recreation
  • Stories: 2
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio, Shed
  • View: Pool, River
  • Lot Features: Sprinklers Automatic
  • Pool Features: Gunite, Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Navigable Water, Ocean Access, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Garage Apartment, Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage, RV Access/Parking, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Security Gate
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00424035040020021
  • Lot Size Sq Ft: 74810.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 67075.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2019
Closed on
Oct 30, 2020
Sold by
Bohler Ludwig H and Bohler Jennifer S
Bought by
Mack Edward Reed and Mack Lynn Corley
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Eric Ditri
Waterfront Properties & Club C
List Price
$6,790,000
Sold Price
$5,850,000
Premium/Discount to List
-$940,000
-13.84%
Total Days on Market
277
Current Estimated Value
$7,672,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,822,613
Avg. Annual Appreciation
6.05%

Purchase Details

Listed on
Oct 14, 2016
Closed on
Jan 30, 2017
Sold by
Hutchison Family I Llc
Bought by
Bohler Ludwig H
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Jeremy Browne
Compass Florida LLC
List Price
$6,250,000
Sold Price
$5,750,000
Premium/Discount to List
-$500,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%

Purchase Details

Listed on
Apr 7, 2014
Closed on
Apr 28, 2015
Sold by
Pucci Thomas F and Pucci Yvonne
Bought by
Hutchison Family I Llc
Seller's Agent
Sam McRoberts
Sutter & Nugent LLC
List Price
$4,495,000
Sold Price
$3,680,000
Premium/Discount to List
-$815,000
-18.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.86%
Original Mortgage
$2,944,000
Interest Rate
2.92%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 9, 1998
Sold by
Jansen Donald D and Jansen Doris B
Bought by
Pucci Thomas F
Source: Public Records

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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
Mack Edward Reed $5,850,000 Assured Title Agency
Bohler Ludwig H $5,750,000 Attorney
Hutchison Family I Llc $3,680,000 None Available
Pucci Thomas F $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mack Revocable Living Trust $4,950,000
Previous Owner Hutchison Family I Llc $2,944,000
Previous Owner Pucci Thomas F $813,600
Previous Owner Pucci Thomas F $1,000,000
Previous Owner Pucci Thomas F $500,000
Previous Owner Pucci Thomas F $1,000,000
Previous Owner Pucci Thomas F $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $5,850,000 -13.8% $850 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
12/27/2019 12/27/19 For Sale $6,790,000 +18.1% $987 / Sq Ft
01/30/2017 01/30/17 Sold $5,750,000 -8.0% $865 / Sq Ft
12/31/2016 12/31/16 Pending -- -- --
10/14/2016 10/14/16 For Sale $6,250,000 +69.8% $940 / Sq Ft
04/30/2015 04/30/15 Sold $3,680,000 -18.1% $547 / Sq Ft
03/31/2015 03/31/15 Pending -- -- --
04/07/2014 04/07/14 For Sale $4,495,000 -- $668 / 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 $114,220 $6,996,972 -- --
2023 $103,141 $5,417,701 $0 $0
2022 $87,664 $4,925,183 $0 $0
2021 $78,611 $4,477,439 $2,244,000 $2,233,439
2020 $69,156 $3,897,774 $2,200,000 $1,697,774
2019 $67,494 $3,796,783 $2,200,000 $1,596,783
2018 $71,406 $4,142,369 $0 $0
2017 $68,747 $4,287,425 $2,210,558 $2,076,867
2016 $59,416 $3,264,717 $0 $0
2015 $44,341 $2,391,132 $0 $0
2014 $44,487 $2,372,155 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10587657

BeachesMLS

APN: 00-42-40-35-04-002-0021