NOT LISTED FOR SALE

7140 Tradition Cove Ln E West Palm Beach, FL 33412

Estimated Value: $1,281,010 - $1,630,000

3 Beds
3.5 Baths
2,926 Sq Ft
$486/Sq Ft Est. Value

Last Sold October 28, 2013

Last sale price $375,000 $128 Per Sq Ft

Est. 279% increase in value since last sale

Current estimated payment $9,216/month

148 Days on Market

Highlights

  • Golf Course Community
  • Heated Pool
  • Clubhouse
  • Pierce Hammock Elementary School Rated A-
  • Golf Course View
  • Sun or Florida Room

About This Home

As of October 2013

Incredibly priced and lovely ''Balfour'' in Tradition Cove. This 3BR/3.5BA+Den home with soaring ceilings, open plan and neutral tones offers wood kitchen cabinets, stunning granite tops, designer touches and moldings throughout. Golf views, East. Incredibly priced and lovely ''Balfour'' in Tradition Cove. This 3BR/3.5BA+Den home with soaring ceilings, open plan and neutral tones offers wood kitchen cabinets, stunning granite tops, designer touches and moldings throughout. Golf views, East. Lovely pool and spa as well as a screened in Florida Room, perfect for outdoor dining.

Last Agent to Sell the Property

Barbara Telchin

The Telchin Group LLC License #60706911 Listed on: 05/02/2013

Co-Listed By

Eric Telchin

The Telchin Group LLC License #3098371

Last Buyer's Agent

Sally Stepnes

Echo Fine Properties License #693208

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001

Lot Details

  • West Facing Home
  • Property is zoned Rpd

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 2,926 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Family Room
  • Den
  • Sun or Florida Room
  • Golf Course Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Laundry

  • Dryer
  • Washer

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74414225090000060

Community Details

Overview

  • Ibis Tradition Cove Subdivision, Balfour Floorplan

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Year Built

Built in 2001

Lot Details

0

HOA Fees

$316 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 gate, left at 3rd stop sign. Follow to Tradition Cove on right.
  • Year Built: 2001
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Split Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2926.0
  • Dining Room Type: Den, Family Room, Florida Room
  • Stories: 1

Exterior Features

  • View: Golf Course
  • Pool Features: Heated, Pool, Association, Community
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 316.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Pool, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Pool, Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional

Lot Info

  • Parcel #: 74414225090000060
  • Zoning Description: Rpd

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 10972.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Dougherty Patrick E and Dougherty Patricia L
Bought by
Honig Ellen Ann and Berk Brian D
Current Estimated Value
$1,420,753

Purchase Details

Listed on
May 2, 2013
Closed on
Oct 23, 2013
Sold by
Schwartz Elaine and Schwartz Elaine B
Bought by
Dougherty Patrick E and Dougherty Patricia L
Seller's Agent
Barbara Telchin
The Telchin Group LLC
Buyer's Agent
Sally Stepnes
Echo Fine Properties
List Price
$439,000
Sold Price
$375,000
Premium/Discount to List
-$64,000
-14.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%

Purchase Details

Closed on
Sep 3, 2004
Sold by
Kolloff Craig A and Kolloff Kimberly A
Bought by
Schwartz Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2001
Sold by
Sabatello Development Corp Iii Inc
Bought by
Kolloff Craig A and Kolloff Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
4%
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
Honig Ellen Ann $1,420,000 Horizon Title Services
Honig Ellen Ann $1,420,000 Horizon Title Services
Dougherty Patrick E $375,000 Attorney
Schwartz Elaine $550,000 Universal Land Title Inc
Kolloff Craig A $463,355 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schwartz Elaine $275,000
Previous Owner Kolloff Craig A $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2013 10/28/13 Sold $375,000 -14.6% $128 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $439,000 -- $150 / 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 $16,051 $632,651 -- --
2023 $14,012 $575,137 $273,100 $452,273
2022 $12,503 $522,852 $0 $0
2021 $10,894 $458,562 $198,000 $260,562
2020 $11,623 $488,002 $225,000 $263,002
2019 $11,801 $490,870 $0 $490,870
2018 $11,847 $508,352 $0 $508,352
2017 $12,110 $520,598 $0 $0
2016 $6,095 $453,171 $0 $0
2015 $10,537 $411,974 $0 $0
2014 $9,464 $374,522 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3364446

BeachesMLS

APN: 74-41-42-25-09-000-0060