NOT LISTED FOR SALE

Estimated Value: $663,000 - $772,000

5 Beds
4 Baths
3,198 Sq Ft
$227/Sq Ft Est. Value

Last Sold December 23, 2016

Last sale price $430,990 $135 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,813/month

145 Days on Market

Highlights

  • Waterfront
  • Recreation Room
  • Great Room
  • Palm Beach Central High School Rated A-
  • Mediterranean Architecture
  • Community Pool

About This Home

As of December 2016

SUMMIT RESERVE IS LENNAR'S EXCLUSIVE NEW COMMUNITY OF LUXURIOUS SINGLE-FAMILY HOMES IN THE HEART OF PALM BEACH COUNTY; AN INTIMATE ENCLAVE OFFERING JUST 73 HOMESITES, FEATURING 5 AMAZING TWO-STORY DESIGNS WITH 4-5 BEDROOMS. THIS UPSCALE & FAMILY-FRIENDLY COMMUNITY LEAVES A LASTING IMPRESSION WITH ITS LUSH CAREFULLY DESIGNED LANDSCAPING, WINDING SIDEWALKS, COMMUNITY POOL & SUNDECK AND OTHER ENTICING FEATURES. LOCATED IN QUAINT GREENACRES, PLUS CONVENIENTLY CLOSE TO BOTH DELRAY & WEST PALM BEACH BE SURE TO CHECK OUT LENNAR'S LOYALTY PROGRAM AT: WWW.lennarloyalty.com

Last Agent to Sell the Property

James Weix, PA

The Keyes Company - Stuart License #3018507 Listed on: 06/30/2016

Last Buyer's Agent

James Weix, PA

The Keyes Company - Stuart License #3018507 Listed on: 06/30/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,827

Year Built

  • Built in 2016 | Under Construction

Lot Details

  • 7,000 Sq Ft Lot
  • Waterfront
  • North Facing Home
  • Sprinkler System
  • Zero Lot Line

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,198 Sq Ft Home
  • 2-Story Property
  • Sliding Windows
  • Entrance Foyer
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 18424410350000580

Community Details

Overview

  • Association fees include water
  • Summit Reserve Subdivision, Willow Floorplan

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,827

Year Built

Built in 2016 | Under Construction

Lot Details

0

HOA Fees

$148 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: TPKE EXIT SOUTHERN BLVD. GO EAST TO JOG RD, RIGHT TO SUMMIT RD, LEFT TO RANCHETTE RD ON RIGHT. I-95 EXIT SOUTHERN BLVD WEST, EXIT JOG RD LEFT SOUTH TO SUMMIT RD & TURN LEFT TO RANCHETTE RD ON RIGHT.
  • Year Built: 2016
  • Architectural Style: Mediterranean
  • Year Built Details: Under Construction
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Living/Dining Room, Pantry, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile
  • Living Area: 3198.0
  • Dining Room Type: Family Room, Great Room, Laundry, Recreation
  • Stories: 2
  • Window Features: Sliding

Exterior Features

  • View: Other, Water
  • Lot Features: Sprinklers Automatic, Zero Lot Line
  • Pool Features: None, Community
  • Pool Private: No
  • Waterfront: Yes
  • Disclosures: Home Warranty
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Under Construction
  • Roof: Spanish Tile, Tile

Garage/Parking

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

Utilities

  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 148.0
  • Community Features: Pool
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Other, Water

Lot Info

  • Parcel #: 18424410350000580
  • Lot Size Sq Ft: 7000.0
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5827.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2021
Sold by
Rana Talal A and Rana Asad Javaid
Bought by
Rana Talal A and Rana Asad Javaid
Current Estimated Value
$726,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,350
Outstanding Balance
$292,740
Interest Rate
2.1%
Mortgage Type
New Conventional
Estimated Equity
$456,651

Purchase Details

Listed on
Jun 30, 2016
Closed on
Dec 22, 2016
Sold by
Lennar Homes Llc
Bought by
Rana Talal A
Seller's Agent
James Weix, PA
The Keyes Company - Stuart
Buyer's Agent
James Weix, PA
The Keyes Company - Stuart
List Price
$485,590
Sold Price
$430,990
Premium/Discount to List
-$54,600
-11.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%
Original Mortgage
$387,891
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Rana Talal A -- Stewart Title Guaranty Co
Rana Talal A $430,990 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rana Talal A $366,350
Closed Rana Talal A $387,891
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2016 12/23/16 Sold $430,990 -11.2% $135 / Sq Ft
11/23/2016 11/23/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $485,590 -- $152 / 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 $8,569 $464,106 -- --
2023 $8,300 $450,588 $0 $0
2022 $8,200 $437,464 $0 $0
2021 $6,712 $352,302 $47,991 $304,311
2020 $6,709 $350,000 $0 $350,000
2019 $6,981 $360,000 $0 $360,000
2018 $6,841 $365,000 $0 $365,000
2017 $7,567 $365,000 $0 $0
2016 $1,159 $54,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10247470

BeachesMLS

APN: 18-42-44-10-35-000-0580