NOT LISTED FOR SALE

5631 Royal Palm Beach Blvd West Palm Beach, FL 33411

Estimated Value: $266,000 - $921,000

4 Beds
3 Baths
2,419 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $805,000 $333 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,081/month

15 Days on Market

Highlights

  • New Construction
  • Roman Tub
  • Den
  • Golden Grove Elementary School Rated A-
  • Great Room
  • 2 Car Attached Garage

About This Home

As of August 2024

Imagine a newly constructed, spacious home nestled in the tranquil countryside of Loxahatchee, Florida, an area renowned for its agricultural charm. This modern residence boasts four generously sized bedrooms plus a den/office space, offering ample space for both relaxation and productivity. As you approach, the home welcomes you with its contemporary architecture, blending seamlessly with the natural surroundings. The exterior features a combination of durable materials and tasteful landscaping, creating a picturesque curb appeal. Upon entering, you are greeted by an inviting foyer that leads into the heart of the home a spacious 15 ft ceiling living area designed for comfort and entertaining. The open-concept layout seamlessly connects the living room, dining area, and gourmet.

Last Agent to Sell the Property

Yanil Espinal

Treasure Property Group LLC License #708033 Listed on: 07/02/2024

Co-Listed By

Helen Bassie

Treasure Property Group LLC License #3430749

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,296

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 1.25

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,419 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Den
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Utilities

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

Community Details

  • Unincorporated Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00414302000003380

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,296

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Royal Palm Beach Blvd North of Okeechobee to property
  • Year Built: 2024
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Dual Sinks, Garden Tub/Roman Tub, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Tile
  • Living Area: 2419.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 1

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00414302000003380
  • Zoning Description: RES

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3296.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 15, 2024
Sold by
Dt Brothers Enterprises Llc
Bought by
Peacock Joseph D and Peacock Monica
Seller's Agent
Yanil Espinal
Treasure Property Group LLC
List Price
$819,000
Sold Price
$805,000
Premium/Discount to List
-$14,000
-1.71%
Views
6
Current Estimated Value
$703,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,250
Avg. Annual Appreciation
-14.37%
Original Mortgage
$644,000
Outstanding Balance
$637,893
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$42,945

Purchase Details

Listed on
May 16, 2022
Closed on
Feb 10, 2023
Sold by
Miles Design Development Inc
Bought by
Dt Brothers Enterprises Llc
Seller's Agent
Ryan Jennings
Keller Williams Realty - Welli
Buyer's Agent
Yanil Espinal
Treasure Property Group LLC
List Price
$224,900
Sold Price
$170,000
Premium/Discount to List
-$54,900
-24.41%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
181.99%

Purchase Details

Closed on
Jul 22, 2020
Sold by
Notman Tobin and Chouris Victoria
Bought by
Miles Design And Development Inc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Morabito Francis and Morabito Tammy
Bought by
Notman Tobin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2006
Sold by
Morabito Francis and Morabito Tammy
Bought by
Morabito Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 1998
Sold by
Roaf Kerry J and Roaf Theresa J
Bought by
Morabito Francis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,947
Interest Rate
7.2%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Peacock Joseph D $805,000 Florida Land Title
Dt Brothers Enterprises Llc $170,000 --
Dt Brothers Enterprises Llc $170,000 None Listed On Document
Miles Design And Development Inc $100,000 Attorney
Notman Tobin $240,000 Attorney
Morabito Francis -- South Shore Title Of Welling
Morabito Francis $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peacock Joseph D $644,000
Previous Owner Notman Tobin $192,000
Previous Owner Morabito Francis $168,956
Previous Owner Morabito Francis $65,000
Previous Owner Morabito Francis $83,947
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2024 08/16/24 Sold $805,000 -1.7% $333 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $819,000 +381.8% $339 / Sq Ft
02/14/2023 02/14/23 Sold $170,000 -8.1% $157 / Sq Ft
12/02/2022 12/02/22 Price Changed $185,000 -17.7% $171 / Sq Ft
05/16/2022 05/16/22 For Sale $224,900 -- $208 / 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 $3,982 $168,031 -- --
2023 $3,296 $97,708 $0 $0
2022 $2,888 $88,825 $0 $0
2021 $2,162 $80,750 $80,750 $0
2020 $1,578 $67,688 $67,688 $0
2019 $1,545 $66,500 $66,500 $0
2018 $1,432 $60,033 $60,033 $0
2017 $1,247 $53,601 $53,601 $0
2016 $1,187 $26,079 $0 $0
2015 $1,106 $23,708 $0 $0
2014 $991 $21,553 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11001236

BeachesMLS

APN: 00-41-43-02-00-000-3380