NOT LISTED FOR SALE

7034 Tradition Cove Ln W West Palm Beach, FL 33412

Estimated Value: $940,522 - $1,344,000

3 Beds
3.5 Baths
2,835 Sq Ft
$393/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $515,000 $182 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,465/month

216 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated with Attendant
  • Pierce Hammock Elementary School Rated A-
  • Fitness Center
  • Heated Pool

About This Home

As of November 2020

What could be better than a home on the middle of a cul de sac with a lovely water view? Sought after GREAT ROOM model with 3BR/3.5 BA+ DEN plus a whole house generator and Accordian Shutters.New cream color carpet in all bedrooms-the neutral tones in this home are waiting for the next buyer to make it their own. Home is wired for electric car and garage is air conditioned.Hot water recirculator gives hot water ASAP. Golf cart is included. Pool has partial solar heat--large patio, with a phantom screen, overlooks water and a large patio with an inviting pool and spa. Home is being inspected before listing and any deficiencies will be addressed to give the buyer peace of mind. Garage is tiled and so much more is included.

Last Agent to Sell the Property

Barbara Telchin

The Telchin Group LLC License #60706911 Listed on: 03/11/2020

Co-Listed By

Eric Telchin

The Telchin Group LLC License #3098371

Last Buyer's Agent

Josie Newhouse

The Telchin Group LLC License #3085689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,427

Year Built

  • Built in 2005

Lot Details

  • 8,635 Sq Ft Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned RPD

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,835 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • High Ceiling
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Screened Porch
  • Canal Views
  • Pull Down Stairs to Attic
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Heated Pool
  • Solar Heated Pool
  • Screen Enclosure

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74414225090000440

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance
  • Private Membership Available
  • Ibis Golf And Country Clu Subdivision, Augusta Floorplan

Amenities

  • Sauna
  • Community Library

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Bocce Ball Court
  • Fitness Center
  • Community Pool
  • Community Spa
  • Putting Green
  • Park

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,427

Year Built

Built in 2005

Lot Details

0

HOA Fees

$575 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: From Ibis Main Gate, make left at third stop sign. Follow to Tradition Cove on the right. Bear right at fountain.
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Attic, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Garden Tub/Roman Tub, High Ceilings, Pantry, Pull Down Attic Stairs, Split Bedrooms, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2835.0
  • Dining Room Type: Den, Great Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch
  • View: Canal
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool, Screen Enclosure, Solar Heat, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 575.0
  • Community Features: Bocce Court, Golf, Golf Course Community, Gated, Park, Pickleball, Property Manager On-Site, Pool, Sauna, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Bocce Court, Fitness Center, Golf Course, Library, Management, Pickleball, Private Membership, Pool, Putting Green(s), Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Maintenance Grounds

Lot Info

  • Parcel #: 74414225090000440
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 8635.0
  • Zoning Description: RPD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11427.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2021
Sold by
Sanders Steven H and Sanders Judy R
Bought by
Sanders Steven H and The Steven H Sanders Trust
Current Estimated Value
$1,114,881

Purchase Details

Listed on
Mar 11, 2020
Closed on
Nov 13, 2020
Sold by
Abatelli Philip W and Abatelli Eileen T
Bought by
Sanders Steven H and Sanders Judy R
Seller's Agent
Barbara Telchin
The Telchin Group LLC
Buyer's Agent
Josie Newhouse
The Telchin Group LLC
List Price
$619,000
Sold Price
$515,000
Premium/Discount to List
-$104,000
-16.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.07%
Original Mortgage
$412,000
Outstanding Balance
$297,591
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$817,290

Purchase Details

Closed on
Jun 15, 2005
Sold by
Sabatello Development Corp Iii Inc
Bought by
Abatelli Philip W and Abatelli Eileen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.26%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Sanders Steven H -- Attorney
Sanders Steven H $515,000 Horizon Title Services Inc
Abatelli Philip W $539,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders Steven H $412,000
Previous Owner Abatelli Philip W $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $515,000 -16.8% $182 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $619,000 -- $218 / 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 $11,467 $545,270 -- --
2023 $11,128 $529,388 $0 $0
2022 $10,817 $513,969 $0 $0
2021 $10,360 $481,102 $211,200 $269,902
2020 $11,657 $489,569 $220,000 $269,569
2019 $11,427 $474,034 $0 $474,034
2018 $11,428 $489,011 $0 $489,011
2017 $11,828 $503,067 $0 $0
2016 $10,933 $443,387 $0 $0
2015 $10,264 $403,079 $0 $0
2014 $9,450 $366,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10608584

BeachesMLS

APN: 74-41-42-25-09-000-0440