NOT LISTED FOR SALE

7996 Cranes Pointe Way West Palm Beach, FL 33412

Estimated Value: $1,668,000 - $1,950,000

4 Beds
5 Baths
3,702 Sq Ft
$488/Sq Ft Est. Value

Last Sold January 29, 2016

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

Est. 119% increase in value since last sale

Current estimated payment $10,584/month

Highlights

  • Lake Front
  • Gated with Attendant
  • Private Pool
  • Pierce Hammock Elementary School Rated A-
  • Home Theater
  • Clubhouse

About This Home

As of May 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.

Last Agent to Rent the Property

Josie Newhouse

The Telchin Group LLC License #3085689 Listed on: 02/18/2016

Last Renter's Agent

Josie Newhouse

The Telchin Group LLC License #3085689 Listed on: 02/18/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,986

Year Built

  • Built in 2005

Lot Details

  • Lake Front
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3,702 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Great Room
  • Home Theater
  • Den

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling

Listing and Financial Details

  • Property Available on 2/18/16
  • Assessor Parcel Number 74414224170000190

Community Details

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa
  • Trails

Additional Features

  • Ibis Golf And Country Clu Subdivision
  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,986

Year Built

Built in 2005

Lot Details

0

Parking

3

Rental Info

  • Tenant Pays: Exterior Electric, Water
  • Available Date: 2016-02-18

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Northlake Blvd west to Ibis Blvd. After Guardhouse, turn right on Sandhill West, follow to Hawk's Landing. Follow to Cranes Pointe. House on right.
  • Year Built: 2005
  • Carport Y N: No
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Dual Sinks, Fireplace, Garden Tub/Roman Tub, High Ceilings, Jetted Tub, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Furnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 3702.0
  • Dining Room Type: Den, Great Room, Laundry, Media Room

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Golf Course, Lake, Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Other Equipment: Intercom
  • Security: Security System, Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Pool, Sidewalks
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub, Storage, Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 74414224170000190
  • Land Lease Amount Frequency: Monthly

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
$1,807,904

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
$278,350
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,529,554

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
8.44%
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
$420,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2004
Sold by
Ibis West Palm Partners Lp
Bought by
Dreamstar Ibis Inc
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
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 Bolton Robert G $420,000
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
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 $11,986 $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

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Map

Source: BeachesMLS

MLS Number: R10209422

BeachesMLS

APN: 74-41-42-24-17-000-0190