NOT LISTED FOR SALE

Estimated Value: $6,991,250

7 Beds
8 Baths
8,408 Sq Ft
$831/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2014

Last sale price $3,418,400 $407 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $41,791 / mo

517 Days on Market

Highlights

  • Boat Ramp
  • Tennis Courts
  • Heated In Ground Pool
  • Calusa Elementary School Rated A-
  • Gated with Attendant
  • Lake View

About This Home

As of August 2014

An ultra-luxurious tropical hideaway, perfectly referred to as ''Serenity Point,'' this spectacular lakefront estate on 2.42+/- lush acres in the coveted 32-home Le Lac -- a Forbes ranked 10 Top Exclusive Gated Community in the heart of Boca Raton -- embodies the essence of class, character and contemporary elegance. Renovated like new with inclusion of all the bells and whistles, this awe-inspiring 1996-built home has been pristinely remodeled down to the very last detail, with approximately $2M in thoughtful, premium upgrades ranging from all new systems to the finest finishes, to the most advanced high-tech features. Bring your car collection and impress your guests in this meticulously designed seven bedroom, eight and one-half bath residence boastin... (see supplement for full rem An ultra-luxurious tropical hideaway, perfectly referred to as ''Serenity Point,'' this spectacular lakefront estate on 2.42+/- lush acres in the coveted 32-home Le Lac -- a Forbes ranked 10 Top Exclusive Gated Community in the heart of Boca Raton --embodies the essence of class, character and contemporary elegance. Renovated like new with inclusion of all the bells and whistles, this awe-inspiring 1996-built home has been pristinely remodeled down to the very last detail, with approximately $2M in thoughtful, premium upgrades ranging from all new systems to the finest finishes, to the most advanced high-tech features. Bring your car collection and impress your guests in this meticulously designed seven bedroom, eight and one-half bath residence boasting gorgeous views, a large guest house and spacious six car garage parking enclave. Entertain in grand style in your own private paradise which affords an exceptional setting for hosting formal gatherings. Up to 150 guests can mingle comfortably in the breathtaking living room that's been sizably enlarged and beautifully enhanced with massive sliding doors that showcase stunning lake views. A state-of-the-art projection system can stream video onto the Level 5 wall finish designed for the best projection clarity. Prepare extravagant meals in the wonderful all-new state-of-the-art kitchen with professional-grade appliances that's sure to delight the most discerning chef. Then step outside to the secluded resort-like grounds complete with your own private patios, swimming pool by the lake and tennis court to indulge you whether the mood is to lounge or get a workout. Buyer pays HOA one time contribution of 1.5% of purchase price as transfer fee, and an application fee.

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 02/08/2013

The Corcoran Group

Last Buyer's Agent

Jennifer Rosemurgy

Shore Real Estate Group, LLC License #3414101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,634

Year Built

  • Built in 1996

Lot Details

  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • North Facing Home
  • Sprinkler System
  • Property is zoned RE

HOA Fees

  • $1,083 Monthly HOA Fees

Parking

  • 6 Car Garage
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lake
  • Garden
  • Pool
  • Tennis Court

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 8,408 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Pull Down Stairs to Attic

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • Bidet
  • Roman Tub
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

  • Closed Circuit Camera
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Tennis Courts
  • Deck
  • Covered Patio or Porch
  • Outdoor Living Area
  • Outbuilding

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Three-Phase Power
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Fuel Tank
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00424634060000311

Community Details

Overview

  • Association fees include common areas
  • Le Lac Subdivision, Motivated Seller Floorplan

Recreation

  • Boat Ramp
  • Boating
  • Trails

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,634

Year Built

Built in 1996

Lot Details

0 Sq Ft Lot

HOA Fees

$1,083 per month

Parking

6

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Clint Moore west of Military Trail, North on Le Lac Road, right after gate
  • Year Built: 1996
  • Architectural Style: Mediterranean
  • Unit Levels: Multi/Split, One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Attic, Wet Bar, Bidet, Built-in Features, Bathtub, Central Vacuum, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Main Level Primary, Multiple En Suite Bathrooms, Pantry, Pull Down Attic Stairs, Split Bedrooms, Soaking Tub, Separate Shower, Bar, Walk-In Closet(s)
  • Private Spa: Yes
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Water Softener Owned, Water Heater, Washer
  • Full Bathrooms: 6
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Entry Location: Entry Level Living Area Y
  • Flooring: Ceramic Tile, Marble
  • Living Area: 8408.0
  • Stories: 1
  • Window Features: Sliding

Exterior Features

  • Exterior Features: Outdoor Living Area, Tennis Court(s)
  • View: Garden, Lake, Pool, Tennis Court
  • Lot Features: 2-3 Acres, Cul-De-Sac, Sprinklers Automatic, Sprinkler System
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Patio
  • Property Condition: Resale
  • Roof: Barrel, Concrete, Tile

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Attached Garage: Yes
  • Garage Spaces: 6.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Detached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Other Equipment: Fuel Tank(s)
  • Security: Closed Circuit Camera(s), Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 1083.33
  • Pets Allowed: Yes
  • Community Features: Home Owners Association, Boat Facilities
  • Senior Community: No
  • Amenities: Boating, Trail(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 00424634060000311
  • Mobile Dim Units: Feet
  • Zoning: RE

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 46634.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Aug 14, 2014
Sold by
Serenity Investments Intl Llc
Bought by
Zietz Samuel M
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Jennifer Rosemurgy
Shore Real Estate Group, LLC
List Price
$5,999,000
Sold Price
$3,418,400
Premium/Discount to List
-$2,580,600
-43.02%
Current Estimated Value
$6,991,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,572,850
Avg. Annual Appreciation
6.31%
Original Mortgage
$2,875,000
Outstanding Balance
$2,067,409
Interest Rate
2.97%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,923,841

Purchase Details

Closed on
Mar 28, 2014
Sold by
Call Douglas
Bought by
Serenity Investments International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2011
Sold by
Hodari Daniel and Hodari Lisa Sari
Bought by
Call Douglas

Purchase Details

Closed on
Dec 4, 2008
Sold by
Pacana Richard and Pacana Carla
Bought by
Hodari Daniel

Purchase Details

Closed on
Apr 22, 2005
Sold by
Ostrovsky Helio and Ostrovsky Eva Lea
Bought by
Pacana Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,720,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 1996
Sold by
Harris Brett Whitney Dev Inc
Bought by
Ostrovsky Helio

Purchase Details

Closed on
Oct 24, 1994
Sold by
Ferguson Donald L and Ferguson Cheryl C
Bought by
Harris Brett Whitney Dev Inc
Source: Public Records
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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
Zietz Samuel M $3,418,000 Nautica Title Usa Inc
Serenity Investments International Llc -- Town & Country Title
Call Douglas $2,995,000 Princeton Title & Escrow Llc
Hodari Daniel $4,625,000 Assurance Title Llc
Pacana Richard $3,400,000 --
Ostrovsky Helio $1,850,000 --
Harris Brett Whitney Dev Inc $466,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zietz Samuel M $2,875,000
Previous Owner Serenity Investments International Llc $750,000
Previous Owner Pacana Richard $2,720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2014 08/14/14 Sold $3,418,400 -43.0% $407 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
02/08/2013 02/08/13 For Sale $5,999,000 -- $713 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $46,761 $2,965,959 -- --
2024 $46,761 $2,882,370 -- --
2023 $45,781 $2,798,417 $0 $0
2022 $45,557 $2,716,910 $0 $0
2021 $45,583 $2,637,777 $0 $0
2020 $45,378 $2,601,358 $1,264,208 $1,337,150
2019 $48,810 $2,763,361 $1,343,221 $1,420,140
2018 $51,553 $3,007,329 $1,580,563 $1,426,766
2017 $55,516 $3,186,088 $1,663,750 $1,522,338
2016 $56,246 $3,142,851 $0 $0
2015 $57,740 $3,121,004 $0 $0
2014 $49,985 $2,634,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3344001

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-46-34-06-000-0311

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