$825,000
SOLD JAN 29, 2016

7996 Cranes Pointe Way West Palm Beach, FL 33412

4 Beds
4.5 Baths
3,702 Sq Ft
0.29 Acres

Recently Sold

$223 Per Sq Ft

6% Below List Price

139 Days on Market

Highlights

  • Lake Front
  • On Golf Course
  • Private Pool
  • Pierce Hammock Elementary School Rated A-
  • Gated with Attendant
  • Private Membership Available

About This Home

As of January 2016

Amazingly upgraded Estate home overlooking the 18th fairway of the Traditions course. This homes features 36'' white Luna marble floors in Living & dining rooms and hand scraped walnut floors in FR & kitchen. A very secure home with all impact windows and security system with video surveillance. The covered porch is ideal for entertaining with features such as an extensive summer kitchen with natural gas grill as well as a Chicago brick pizza oven. 24 ct. leaf tiles accent the walls of the summer kitchen. Knotty teak porch ceiling, river rock marble pool & spa coping and aggregate Laguna pool finish give it extra pizzaz. Outdoor marble fireplace for those below 70 degree nights is an added touch. The porch is wired for sound and cable TV. Built in spa has a waterfall feature into the pool.

Last Agent to Sell the Property

Robert Graeve

Illustrated Properties LLC (Co License #202705 Listed on: 08/12/2015

Illustrated Properties LLC (Co

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,104

Year Built

  • Built in 2005

Lot Details

  • 0.29 Acre Lot
  • Lake Front
  • On Golf Course
  • Fenced
  • Sprinkler System
  • Property is zoned RPD

HOA Fees

  • $300,267 per month

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Lake
  • Golf Course
  • Pool

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 3,702 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Plantation Shutters
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Workshop

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Private Pool
  • Patio
  • Outdoor Grill

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 74414224170000190

Community Details

Overview

  • Association fees include common areas, ground maintenance, sewer, security, trash
  • Private Membership Available
  • Ibis Golf And Country Clu Subdivision

Amenities

  • Clubhouse
  • Game Room
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Community Spa
  • Putting Green

Security

  • Gated with Attendant
  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,104

Year Built

Built in 2005

Lot Details

0

HOA Fees

$300,267 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Northlake Blvd. West to Ibis Country Club
  • Year Built: 2005
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Bidet, Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Garden Tub/Roman Tub, High Ceilings, Custom Mirrors, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Bay Window, Workshop
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 3702.0
  • Dining Room Type: Den, Family Room, Laundry, Storage Room, Workshop
  • Stories: 1
  • Window Features: Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Patio
  • View: Golf Course, Lake, Pool
  • Lot Features: On Golf Course, Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Closed Circuit Camera(s), Gated with Guard, Security Guard, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 300267.0
  • Community Features: Clubhouse, Golf, Golf Course Community, Game Room, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Clubhouse, Golf Course, Management, Private Membership, Pool, Putting Green(s), Spa/Hot Tub, Storage, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Sewer, Security, Trash

Lot Info

  • Parcel #: 74414224170000190
  • Lot Size Sq Ft: 12644.0
  • Zoning Description: RPD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 13104.0

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
Total Days on Market
139
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $123,666 Cardinal Title Company Llc
Warranty Deed $825,000 Florida Intl Title & Escrow
Trustee Deed $550,600 None Available
Warranty Deed $600,000 Attorney
Special Warranty Deed $1,150,000 Attorney
Special Warranty Deed $290,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $378,131 New Conventional
Previous Owner $417,000 Adjustable Rate Mortgage/ARM
Previous Owner $300,000 Commercial
Previous Owner $500,000 Credit Line Revolving
Previous Owner $420,000 Purchase Money Mortgage
Previous Owner $108,700 Unknown
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: R10159070

BeachesMLS

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