$2,750,000
SOLD OCT 6, 2020
0.9 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$980 Per Sq Ft

8% Below List Price

192 Days on Market

Highlights

  • Home fronts navigable water
  • Mangrove Front
  • Paved or Partially Paved Lot
  • Limestone Creek Elementary School Rated A-
  • River View

About This Lot

As of February 2021

Don't miss this exceptional Pennock Point, .91 acre, estate property. Southern exposure, sought after Pennock Point Road, tropical landscaping and endless views of the Loxahatchee River. Build the home of your dreams.

Last Agent to Sell the Property

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 02/26/2020

Last Buyer's Agent

Robert Thomson

Waterfront Properties & Club C License #0465514 Listed on: 02/26/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,793

Lot Details

  • 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

  • Mangrove Front
  • Rip-Rap

Property Details

Property Type

Land

Est. Annual Taxes

$13,793

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

Exterior Features

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

Lot Info

  • Parcel #: 00424035010040020
  • Development Status: Site Plan Filed
  • Zoning Description: RS

Tax Info

  • Tax Year: 2019
  • 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%
Current Estimated Value
$6,037,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,187,812
Avg. Annual Appreciation
12.62%

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $3,850,000 Assured Title Agency
Warranty Deed $2,750,000 Attorney
Warranty Deed -- Attorney
Interfamily Deed Transfer -- --
Warranty Deed $675,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $150,000 New Conventional
Previous Owner $1,925,000 Purchase Money Mortgage
Previous Owner $460,000 Unknown
Previous Owner $508,000 New Conventional
Previous Owner $550,000 No Value Available
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

  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10604414

BeachesMLS

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