NOT LISTED FOR SALE

7350 Banyan Blvd Loxahatchee, FL 33470

Estimated Value: $984,638 - $1,073,000

5 Beds
4 Baths
3,430 Sq Ft
$300/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $525,000 $153 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $6,702/month

74 Days on Market

Highlights

  • Horses Allowed in Community
  • Private Pool
  • Wood Flooring
  • Frontier Elementary School Rated A-
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of June 2017

:LUXURY AND ELEGANT LIVING IN THE COUNTRY. 5 BEDROOM 4 BATHROOM, 6,853 SQ FT POOL W/ SPA HOME ON 1.54 ACRES IN LOX!!! SPLIT FLOOR PLAN. SPACIOUS DESIGNER KITCHEN WITH GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, LARGE PANTRY AND 42 IN CABINETS. LARGE MASTER SUITE WITH SITTING AREA, DOUBLE FRENCH DOORS TO POOL/ LOUNGE, JACUZZI TUB, HIS AND HERS SINK AREAS AND WATER CLOSET WITH BIDET. BEDROOM #2 HAS ITS OWN PRIVATE BATH. BED 3 & 4 ARE BOTH OVERSIZED W/ SEPERATE ENTRANCE TO BATHROOM #3(JACK & JILL) BED # 5 CAN ALSO BE USED AS AN OFFICE/ DEN/ MANCAVE. THIS BEAUTY ALSO HAS AN A HUGE FORMAL LIVING WITH DOUBLE FRENCH DOORS TO POOL, FORMAL DINING AND LARGE FAMILY ROOM. CATHEDRAL/ TRAY CEILING FOR SPACIOUS FEEL. LOTS OF NATURAL LIGHT. ACCORDIAN SHUTTERS, CENTRAL VAC, 2 ELECTRIC GATES, More...

Last Listed By

Betty Khan

RE/MAX Select Group License #3196998 Listed on: 02/24/2017

RE/MAX Select Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,346

Year Built

  • Built in 2001

Lot Details

  • 1.54 Acre Lot
  • Northwest Facing Home
  • Corner Lot
  • Property is zoned AR

Parking

  • 2 Car Garage

Interior Spaces

  • 3,430 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • French Doors
  • Entrance Foyer
  • Family Room
  • Den
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Screen Enclosure

Utilities

  • Central Heating and Cooling System
  • Well

Listing and Financial Details

  • Assessor Parcel Number 00404225000005370

Community Details

Overview

  • Loxahatchee Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,346

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Seminole Pratt to Keylime Blvd West South on Banyan Blvd to 72nd House on Corner
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, French Door(s)/Atrium Door(s), High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Flooring: Other, Tile, Wood
  • Living Area: 3430.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 1

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: Pool, Screen Enclosure
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: Northwest

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Water Source: Well

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 00404225000005370
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 67082.0
  • Zoning Description: AR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5346.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 5, 2017
Sold by
Lewis Beverly J
Bought by
Bjerkum Karen
Seller's Agent
Betty Khan
RE/MAX Select Group
Buyer's Agent
Betty Khan
RE/MAX Select Group
List Price
$559,000
Sold Price
$525,000
Premium/Discount to List
-$34,000
-6.08%
Total Days on Market
74
Current Estimated Value
$1,030,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,160
Avg. Annual Appreciation
8.81%
Original Mortgage
$412,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2000
Sold by
Grasso Francis J
Bought by
Lewis Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.23%
Mortgage Type
New Conventional

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
Bjerkum Karen $525,000 Attorney
Lewis Beverly J $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bjerkum Morten $150,000
Closed Bjerkum Morten $70,000
Open Bjerkum Morten $452,500
Closed Bjerkum Karen $40,000
Closed Bjerkum Karen $412,000
Previous Owner Lewis Beverly J $166,500
Previous Owner Lewis Beverly J $60,000
Previous Owner Lewis Beverly $185,000
Previous Owner Lewis Beverly J $165,000
Previous Owner Lewis Beverly J $22,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $525,000 -6.1% $153 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $559,000 -- $163 / 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 $11,219 $600,419 -- --
2023 $10,993 $582,931 $0 $0
2022 $10,692 $565,952 $0 $0
2021 $10,385 $549,468 $0 $0
2020 $10,250 $541,882 $79,002 $462,880
2019 $10,529 $511,163 $77,616 $433,547
2018 $9,680 $483,436 $70,068 $413,368
2017 $5,310 $288,277 $0 $0
2016 $5,346 $282,348 $0 $0
2015 $5,415 $280,385 $0 $0
2014 $5,389 $278,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10311434

BeachesMLS

APN: 00-40-42-25-00-000-5370