NOT LISTED FOR SALE

7507 Orchid Hammock Dr West Palm Beach, FL 33412

Estimated Value: $450,000 - $644,000

3 Beds
3 Baths
2,347 Sq Ft
$397/mo HOA Fee

Last Sold March 25, 2021

Last sale price $280,000 $119 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,815/month

129 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Clubhouse
  • Pierce Hammock Elementary School Rated A-
  • Gated with Attendant
  • Vaulted Ceiling

About This Home

As of March 2021

PRESTINE HOME, LOCATED AT THE END OF A CUL DE SAC.THE BEST LAKE AND GOLF COURSE VIEW.HIGH CEILINGS,ENDLESS UPGRADES THRU -OUT. OVER SIZED LIVING ROOM, GRANITE COUNTER TOPS AND STAINLESS APPLIANCES. BEAUTIFUL TALL WOOD CABINETS.IBIS IS A PRIVATE, GATED, SECURE COMMUNITY.JUST MINUTES FROM SHOPPING.ENJOY A WORLD CLASS COUNTRY CLUB LIFE STYLE.

Last Agent to Sell the Property

Patricia Gatti

EXP Realty LLC License #682607 Listed on: 10/16/2020

EXP Realty LLC

Last Buyer's Agent

Jonathan Buch

Redfin Corporation License #3383169

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,773

Year Built

  • Built in 2003

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Fenced

HOA Fees

  • $397 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Garden

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Barrel Roof Shape

Interior Spaces

  • 2,347 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Family Room
  • Formal Dining Room
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 74414225140060010

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance, roof, security
  • Orchid Hammock Ibis Coun Subdivision

Amenities

  • Clubhouse
  • Community Library

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Community Pool
  • Putting Green
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,773

Year Built

Built in 2003

Lot Details

0

HOA Fees

$397 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North Lake Blvd to Ibis County Club Entrance. Left at third Stop Sign follow the road to Orchid Hammock. Left at round about to 7507 on the right
  • Year Built: 2003
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, Jetted Tub, Kitchen/Dining Combo, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 2347.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Golf Course, Garden, Lake
  • Lot Features: Cul-De-Sac, < 1/4 Acre
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Security System, Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 397.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Gated, Park, Pickleball, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Clubhouse, Golf Course, Library, Management, Pickleball, Pool, Putting Green(s), Tennis Court(s), Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 74414225140060010
  • Zoning Description: RPD Resi
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2773.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Mar 25, 2021
Sold by
Kaufman Jacqueline
Bought by
Pierpont Joseph Peter and Pierpont Lynn Lustig
Seller's Agent
Patricia Gatti
EXP Realty LLC
Buyer's Agent
Jonathan Buch
Redfin Corporation
List Price
$325,000
Sold Price
$280,000
Premium/Discount to List
-$45,000
-13.85%
Current Estimated Value
$553,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,277
Avg. Annual Appreciation
16.00%

Purchase Details

Listed on
Jul 11, 2018
Closed on
Apr 15, 2019
Sold by
Russo Family Trust
Bought by
Kaufman Jacqucline
Seller's Agent
Jessica Soblick
Keller Williams Realty Boca Raton
List Price
$275,000
Sold Price
$210,000
Premium/Discount to List
-$65,000
-23.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.81%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Russo Anna
Bought by
Russo Sally Ann and The Russo Family Irrevocable Trust

Purchase Details

Listed on
Feb 14, 2014
Closed on
Jun 30, 2014
Sold by
Fannie Mae
Bought by
Russo Anna
Seller's Agent
Elizabeth Strehse
Casteland Real Estate Corp
List Price
$169,500
Sold Price
$149,400
Premium/Discount to List
-$20,100
-11.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%

Purchase Details

Closed on
Mar 19, 2014
Sold by
Grasso Joseph and Countrywide Home Loans Servici
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 13, 2005
Sold by
Ozment Kenneth Drake
Bought by
Grasso Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2003
Sold by
Vintage Properties Xiv Ltd
Bought by
Ozment Kenneth Drake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,530
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
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
Pierpont Joseph Peter $280,000 None Available
Pierpont Joseph Peter $280,000 None Listed On Document
Kaufman Jacqucline $210,000 Attorney
Russo Sally Ann -- Attorney
Russo Anna $149,400 Attorney
Federal National Mortgage Association -- Attorney
Grasso Joseph $485,000 Florida Title & Trust Llc
Ozment Kenneth Drake $301,913 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grasso Joseph $315,000
Previous Owner Ozment Kenneth Drake $241,530
Closed Ozment Kenneth Drake $60,382
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2021 03/25/21 Sold $280,000 -13.8% $119 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
10/16/2020 10/16/20 For Sale $325,000 +54.8% $138 / Sq Ft
04/09/2019 04/09/19 Sold $210,000 -23.6% $105 / Sq Ft View Prior Sale
03/10/2019 03/10/19 Pending -- -- --
07/11/2018 07/11/18 For Sale $275,000 +84.1% $138 / Sq Ft
06/30/2014 06/30/14 Sold $149,400 -11.9% $64 / Sq Ft View Prior Sale
05/31/2014 05/31/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $169,500 -- $72 / 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 $6,186 $286,320 -- --
2023 $5,967 $277,981 $0 $0
2022 $5,694 $269,884 $0 $0
2021 $2,182 $103,831 $0 $0
2020 $2,149 $102,397 $0 $0
2019 $4,741 $176,000 $0 $176,000
2018 $2,773 $140,600 $0 $0
2017 $2,917 $137,708 $0 $0
2016 $2,762 $134,876 $0 $0
2015 $2,847 $133,938 $0 $0
2014 $3,873 $130,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10663750

BeachesMLS

APN: 74-41-42-25-14-006-0010