NOT LISTED FOR SALE

7996 Cranes Pointe Way West Palm Beach, FL 33412

Estimated Value: $1,549,477 - $2,031,000

4 Beds
5 Baths
3,702 Sq Ft
$501/Sq Ft Est. Value

Last Sold January 29, 2016

Last sale price $825,000 $223 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $11,420/month

About This Home

As of January 2016

This stunning Executive 4 bedroom home with den and Media Room is available as a furnished seasonal rental or an unfurnished annual rental. With a gourmet kitchen and large family room living area, this home is perfect for enjoying the Ibis life style as well as a great entertaining venue for family and friends during sunny afternoons or evening swim parties and barbeques in the outdoor summer kitchen. With loads of upgrades, handcrafted Cabinetry,36 inch white marble floors, Plantation shutters on all windows, hurricane impact glass, crown molding, coffered and trayed ceiling throughout, 3 car garage, heated pool with built-in spa and waterfall, expansive outdoor living area with Chicago Brick oven for pizza, gas grill, teak porch ceiling, & outdoor marble fireplace. See addt'l comments.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2021
Sold by
Acosta Frank M Touma and Veras Roxanne Z
Bought by
Acosta Frank M Touma and Veras Roxanne Z
Current Estimated Value
$1,856,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,131
Outstanding Balance
$289,844
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,566,525

Purchase Details

Listed on
Aug 12, 2015
Closed on
Jan 29, 2016
Sold by
Gayatri Parivar Llc
Bought by
Touma Acosta Frank M and Veras Roxanna Z
Seller's Agent
Robert Graeve
Illustrated Properties LLC (Co
List Price
$877,700
Sold Price
$825,000
Premium/Discount to List
-$52,700
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$417,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2015
Sold by
Infante Joseph A
Bought by
7996 Cranes Pointe Way Prodigy Land Trus

Purchase Details

Closed on
Apr 28, 2009
Sold by
Bolton Robert G and Bolton Diana D
Bought by
Infante Joseph A

Purchase Details

Closed on
Apr 12, 2006
Sold by
Dreamstar Ibis Inc
Bought by
Bolton Robert G and Bolton Diana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.44%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 12, 2004
Sold by
Ibis West Palm Partners Lp
Bought by
Dreamstar Ibis Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,700
Interest Rate
5.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Acosta Frank M Touma $123,666 Cardinal Title Company Llc
Touma Acosta Frank M $825,000 Florida Intl Title & Escrow
7996 Cranes Pointe Way Prodigy Land Trus $550,600 None Available
Infante Joseph A $600,000 Attorney
Bolton Robert G $1,150,000 Attorney
Dreamstar Ibis Inc $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Frank M Touma $378,131
Previous Owner Touma Acosta Frank M $417,000
Previous Owner Infante Joseph A $300,000
Previous Owner Bolton Robert G $500,000
Previous Owner Bolton Robert G $420,000
Previous Owner Dreamstar Ibis Inc $108,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2016 05/14/16 Rented $74,400 +1044.6% --
04/14/2016 04/14/16 Under Contract -- -- --
02/18/2016 02/18/16 For Rent $6,500 0.0% --
01/29/2016 01/29/16 Sold $825,000 -6.0% $223 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $877,700 -- $237 / Sq Ft

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 $11,986 $941,078 -- --
2023 $20,850 $855,525 $227,850 $942,284
2022 $18,142 $777,750 $0 $0
2021 $15,933 $690,287 $109,200 $581,087
2020 $15,990 $686,779 $137,800 $548,979
2019 $16,000 $700,618 $131,300 $569,318
2018 $14,036 $609,544 $131,934 $477,610
2017 $14,974 $635,797 $143,406 $492,391
2016 $15,995 $674,143 $0 $0
2015 $13,089 $569,808 $0 $0
2014 $13,104 $565,286 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Josie Newhouse

    The Telchin Group LLC

    (561) 596-8412

    25 Total Sales

    Josie Newhouse
    Section Image
  • Robert Graeve

    Seller's Agent in 2016

    Robert Graeve

    Illustrated Properties LLC (Co

    (561) 758-8571

    133 Total Sales

    Robert Graeve
    Section Image
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Map

Florida Palm Beach County West Palm Beach 33412

7996 Cranes Pointe Way, West Palm Beach, FL

This home is located at 7996 Cranes Pointe Way, West Palm Beach, FL 33412 and is currently estimated at $1,856,369, approximately $501 per square foot. 7996 Cranes Pointe Way is a home located in Palm Beach County with nearby schools including Pierce Hammock Elementary School, Western Pines Community Middle School, and Seminole Ridge Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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