$6,400,000
SOLD JAN 17, 2025
2.14 Acres
$2,990,667 Price per Acre
93,218 Sq Ft Lot

Recently Sold

$2,819 Per Sq Ft

9% Below List Price

201 Days on Market

Highlights

  • River View
  • 93,218 Sq Ft lot
  • Paved or Partially Paved Lot
  • Limestone Creek Elementary School Rated A-

About This Lot

As of January 2025

Renovate the current home or create your vision on this ''perfect 10'' property! The character filled offering is now available on prestigious Pennock Point! Nestled among the age old oaks and palms, the 3 bedroom, 2 bath home offers privacy and expansive views of the designated Wild and Scenic Loxahatchee River. The lot is just over an acre, faces SSE and is ideally shaped with the wider dimension on the river side. This boater's playground is equipped with two boat lifts, 4,500 and 9,000 pound capacity

Last Agent to Sell the Property

Tom Hughes

Compass Florida LLC License #553802 Listed on: 06/01/2024

Compass Florida LLC

Co-Listed By

Jeremy Browne

Compass Florida LLC License #3147646

Last Buyer's Agent

Sean Hegarty

Lost Tree Realty License #3341162

Lost Tree Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $10,126

Lot Details

  • 2.14 Acre Lot
  • River Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RS

Additional Features

  • River Views
  • City Lot

Community Details

  • Pennock Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00424035010040010

Property Details

Property Type

Land

Est. Annual Taxes

$10,126

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Exterior Features

  • View: River
  • Lot Features: City Lot
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes

Lot Info

  • Parcel #: 00424035010040010
  • Development Status: Site Plan Filed
  • Lot Size: 1 to < 2 Acres
  • Lot Size Sq Ft: 93218.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10126.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2024
Closed on
Jan 17, 2025
Sold by
Goering Donald L
Bought by
Elliott Timothy G and Elliott Ellis G
Seller's Agent
Tom Hughes
Compass Florida LLC
Buyer's Agent
Sean Hegarty
Lost Tree Realty
List Price
$6,995,000
Sold Price
$6,400,000
Premium/Discount to List
-$595,000
-8.51%
Views
13
Current Estimated Value
$5,116,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,283,752
Avg. Annual Appreciation
-43.19%

Purchase Details

Closed on
Feb 9, 2010
Sold by
Goering Donald L and Goering Merrily A
Bought by
Goering Donald L
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $6,400,000 None Listed On Document
Warranty Deed $6,400,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $219,000 Credit Line Revolving
Previous Owner $320,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $575,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2025 01/17/25 Sold $6,400,000 -8.5% $2,819 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
09/08/2024 09/08/24 For Sale $6,995,000 +9.3% $3,081 / Sq Ft
09/07/2024 09/07/24 Off Market $6,400,000 -- --
06/01/2024 06/01/24 For Sale $6,995,000 -- $3,081 / 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 $10,357 $615,356 -- --
2023 $10,126 $597,433 $0 $0
2022 $10,064 $580,032 $0 $0
2021 $10,029 $563,138 $0 $0
2020 $9,972 $555,363 $0 $0
2019 $9,865 $542,877 $0 $0
2018 $9,375 $532,755 $0 $0
2017 $9,286 $521,797 $0 $0
2016 $9,327 $511,065 $0 $0
2015 $9,555 $507,512 $0 $0
2014 $9,582 $503,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10992305

BeachesMLS

APN: 00-42-40-35-01-004-0010