NOT LISTED FOR SALE

7989 Cranes Pointe Way West Palm Beach, FL 33412

Estimated Value: $1,830,000 - $2,036,000

4 Beds
6 Baths
4,744 Sq Ft
$401/Sq Ft Est. Value

Last Sold March 02, 2017

Last sale price $850,000 $179 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $11,916/month

183 Days on Market

Highlights

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

About This Home

As of March 2017

Bright and spacious 4BR home with beautiful Golf views. Open kitchen, family and pool plan with office, formal dining room and large master suite. Clean, renovated and rarely used. Ibis is a fantastic Country Club with endless amenities and great Golf and Tennis.A must see.

Last Agent to Sell the Property

Michael Galleher

ONE Sotheby's International Re License #498320 Listed on: 08/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,945

Year Built

  • Built in 2002

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Golf Course

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 4,744 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Furnished or left unfurnished upon request
  • Bar
  • Shutters
  • Formal Dining Room
  • Marble Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bathtub
  • Separate Shower

Home Security

  • Security System Owned
  • Hurricane or Storm Shutters

Pool

  • Screened Pool
  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Additional Features

  • Clubhouse
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,945

Year Built

Built in 2002

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Directions: Northlake west to Ibis Gate
  • Garage Yn: Yes
  • Lot Size: 1/4 to 1/2 Acre
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Building Stories: 4
  • Subdivision Name: IBIS GOLF AND COUNTRY
  • Year Built: 2002
  • Year Built Details: Unknown
  • Ownership: Sole Proprietor
  • Special Features: None
  • Stories: 4

Interior Features

  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Marble
  • Furnished: Furnished Or Unfurnished
  • Interior Amenities: Wet Bar, Bathtub, Separate/Formal Dining Room, Master Downstairs, Living/Dining Room, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s)
  • Living Area: 4744.0
  • Stories: 4
  • Window Features: Shutters

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Fence, Sprinkler/Irrigation, Storm/Security Shutters
  • Lot Features: Sprinklers Automatic
  • Pool Features: In Ground, Screen Enclosure, Community
  • Pool Private: Yes
  • Property Condition: Unknown
  • Roof: Concrete, Tile
  • View: Golf Course, Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Security System Owned, Fenced, Gated with Guard
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 600.0
  • Community Features: Clubhouse, Fitness Center, Golf, Pool, Sidewalks, Tennis Court(s), Trails/Paths
  • Pets Allowed: Pet Restrictions
  • Senior Community: No

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 14945.2
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2017
Sold by
Mprgenstern Robln Lee
Bought by
Morgenstern Robin L and Morgenstern Trust
Current Estimated Value
$1,901,715

Purchase Details

Listed on
Aug 1, 2016
Closed on
Mar 1, 2017
Sold by
Farrow John Morley and Farrow Richard James
Bought by
Morgenstern Robin Lee and Gray David A
Seller's Agent
Michael Galleher
ONE Sotheby's International Re
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%

Purchase Details

Closed on
Aug 16, 2010
Sold by
Mandalay Properties Inc
Bought by
Farrow Richard James and Farrow John Morley

Purchase Details

Closed on
Oct 16, 2003
Sold by
Delcrest Homes Inc
Bought by
Mandalay Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morgenstern Robin L -- Attorney
Morgenstern Robin Lee $850,000 Attorney
Farrow Richard James $725,000 Attorney
Mandalay Properties Inc $810,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandalay Properties Inc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2017 03/02/17 Sold $850,000 0.0% $238 / Sq Ft
03/02/2017 03/02/17 Sold $850,000 -8.1% $179 / Sq Ft
01/31/2017 01/31/17 Pending -- -- --
01/31/2017 01/31/17 Pending -- -- --
08/01/2016 08/01/16 For Sale $925,000 0.0% $195 / Sq Ft
02/26/2016 02/26/16 For Sale $925,000 -- $259 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $14,790 $702,727 -- --
2023 $14,381 $682,259 $0 $0
2022 $14,051 $662,387 $0 $0
2021 $13,602 $625,197 $0 $0
2020 $13,524 $616,565 $0 $0
2019 $13,351 $602,703 $0 $0
2018 $12,727 $591,465 $131,934 $459,531
2017 $14,651 $621,083 $143,406 $477,677
2016 $15,655 $658,987 $0 $0
2015 $14,945 $603,726 $0 $0
2014 $13,695 $548,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20000317

Martin County REALTORS® of the Treasure Coast

APN: 74-41-42-24-17-000-0520