NOT LISTED FOR SALE

Estimated Value: $686,000 - $727,000

5 Beds
3.5 Baths
3,806 Sq Ft
$185/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $375,000 $99 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,757/month

188 Days on Market

Highlights

  • Lake Front
  • Clubhouse
  • High Ceiling
  • Gated with Attendant
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of November 2019

Perfect Home for your growing family! This home offers 5 bdms, 3 .5 baths, and a 3 car garage. Located on beautiful lake front. Community offers Manned Gate, pool, fitness center, and Children's playground along with so much more!Close to beaches, I95, and Florida's Turnpike. Perfect location

Last Agent to Sell the Property

Debra Nikolos

Florida Capital Realty License #3122204 Listed on: 04/10/2019

Last Buyer's Agent

Jane Thomas

Coldwell Banker Realty License #3310112

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,325

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Property is zoned city

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener

Interior Spaces

  • 3,806 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Family Room
  • Formal Dining Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Stacked Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer

Utilities

  • Cooling Available
  • Central Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 744243150600000630

Community Details

Overview

  • Waters Edge Subdivision

Recreation

  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,325

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Okeechobee to Jog, Head North to Community of Briar Bay
  • Year Built: 2005
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, Family/Dining Room, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Tile, Wood
  • Living Area: 3806.0
  • Dining Room Type: Family Room
  • Stories: 2

Exterior Features

  • View: Lake, Other
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Laundry Features: In Garage
  • Security: Gated with Guard, Security Guard
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300.0
  • Community Features: Clubhouse
  • Senior Community: No
  • Amenities: Clubhouse, Trail(s)
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 744243150600000630
  • Zoning Description: city

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8325.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Nov 14, 2019
Sold by
Mem Investment Group Llc
Bought by
Nasim Muhammad and Ismail Shahida
Seller's Agent
Debra Nikolos
Florida Capital Realty
Buyer's Agent
Jane Thomas
Coldwell Banker Realty
List Price
$415,000
Sold Price
$375,000
Premium/Discount to List
-$40,000
-9.64%
Total Days on Market
188
Current Estimated Value
$705,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,633
Avg. Annual Appreciation
12.04%
Original Mortgage
$324,328
Outstanding Balance
$289,182
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$416,451

Purchase Details

Closed on
Aug 15, 2013
Sold by
Melhado Mauricio E and Melhado Danielle J
Bought by
Mem Investment Group Llc

Purchase Details

Closed on
Jan 31, 2005
Sold by
Mallory Square Palm Beach Lp
Bought by
Melhado Mauricio E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Nasim Muhammad $375,000 Premier Title Company Ltd
Mem Investment Group Llc -- Attorney
Melhado Mauricio E $452,815 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasim Muhammad $324,328
Previous Owner Melhado Mauricio E $48,771
Previous Owner Melhado Mauricio $480,000
Previous Owner Melhado Mauricio E $333,700
Closed Melhado Mauricio E $96,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $375,000 -9.6% $99 / Sq Ft
10/16/2019 10/16/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $415,000 0.0% $109 / Sq Ft
10/15/2018 10/15/18 Rented $2,650 -11.7% --
09/15/2018 09/15/18 Under Contract -- -- --
07/16/2018 07/16/18 For Rent $3,000 -- --
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 $5,949 $252,778 -- --
2023 $5,800 $245,416 $0 $0
2022 $5,700 $238,268 $0 $0
2021 $5,597 $231,328 $0 $0
2020 $5,593 $228,134 $0 $0
2019 $9,380 $355,000 $0 $355,000
2018 $9,442 $370,000 $0 $370,000
2017 $9,421 $365,000 $0 $0
2016 $9,202 $345,000 $0 $0
2015 $9,007 $324,500 $0 $0
2014 $8,325 $295,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10520810

BeachesMLS

APN: 74-42-43-15-06-000-0630