NOT LISTED FOR SALE

Estimated Value: $5,319,651 - $7,274,000

0.91 Acre
$7,304,034 Price per Acre
39,483 Sq Ft Lot

Last Sold February 24, 2021

Last sale price $3,850,000 $1,372 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $41,020/month

60 Days on Market

Highlights

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

About This Lot

As of February 2021

Perfect opportunity to build your dream on on the highly sought after Pennock Point Road.

Last Listed By

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 11/25/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,793

Year Built

  • 1973

Lot Details

  • 0.91 Acre Lot
  • Home fronts navigable water
  • River Front
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RS

Property Views

  • River
  • Pool

Listing and Financial Details

  • Assessor Parcel Number 00424035010040020

Community Details

Overview

  • Pennock Point Subdivision

Recreation

  • Property has ocean access
  • Mangrove Front
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$13,793

Year Built

1973

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 Road
  • Special Features: VirtualTour
  • Year Built: 1973

Exterior Features

  • View: Pool, River
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Mangrove, Navigable Water, Ocean Access, River Front, Riprap
  • Waterfront: Yes

Lot Info

  • Parcel #: 00424035010040020
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 39483.0
  • Zoning Description: RS
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13793.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2020
Closed on
Feb 24, 2021
Sold by
Ford George and Ford Susan
Bought by
Gerard James P and Robert B Baker Gst Exempt Irre
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$4,400,000
Sold Price
$3,850,000
Premium/Discount to List
-$550,000
-12.5%
Total Days on Market
60
Current Estimated Value
$6,620,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,770,413
Avg. Annual Appreciation
11.85%

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 6, 2020
Sold by
Kamradt Sherry A
Bought by
Ford George and Ford Susan
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$3,000,000
Sold Price
$2,750,000
Premium/Discount to List
-$250,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
136.97%
Original Mortgage
$1,925,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 26, 2020
Closed on
Oct 1, 2020
Sold by
Stewart Nick T
Bought by
Kamradt Sherry A
Seller's Agent
Robert Thomson
Waterfront Properties & Club C
Buyer's Agent
Robert Thomson
Waterfront Properties & Club C
List Price
$3,000,000
Sold Price
$2,750,000
Premium/Discount to List
-$250,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,925,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2004
Sold by
Kamradt Russell T
Bought by
Kamradt Sherry A

Purchase Details

Closed on
Sep 14, 1994
Sold by
Boyer Kenneth D and Boyer Barbara B
Bought by
Kamradt Russel T and Kamradt Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
8.53%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
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 Buyer Sale Price Title Company
Gerard James P $3,850,000 Assured Title Agency
Ford George $2,750,000 Attorney
Kamradt Sherry A -- Attorney
Kamradt Sherry A -- --
Kamradt Russel T $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lindahl Lennart J $150,000
Previous Owner Ford George $1,925,000
Previous Owner Kamradt Sherry A $460,000
Previous Owner Kamradt Russell T $508,000
Previous Owner Kamradt Russel T $550,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $3,850,000 -12.5% $1,372 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
11/25/2020 11/25/20 For Sale $4,400,000 +60.0% $1,568 / Sq Ft
10/06/2020 10/06/20 Sold $2,750,000 -8.3% $980 / Sq Ft
09/06/2020 09/06/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $3,000,000 -- $1,069 / 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 $70,634 $4,078,721 -- --
2023 $67,590 $3,707,928 $0 $0
2022 $57,034 $3,370,844 $0 $0
2021 $43,576 $2,470,989 $2,346,000 $124,989
2020 $13,941 $780,426 $0 $0
2019 $13,793 $762,880 $0 $0
2018 $13,113 $748,656 $0 $0
2017 $13,010 $733,258 $0 $0
2016 $13,075 $718,176 $0 $0
2015 $13,405 $713,184 $0 $0
2014 $13,444 $707,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10674134

BeachesMLS

APN: 00-42-40-35-01-004-0020