NOT LISTED FOR SALE

8 Shannon Cir West Palm Beach, FL 33401

Banyan Cay Neighborhood

Estimated Value: $1,617,000 - $2,168,000

4 Beds
5 Baths
4,151 Sq Ft
$464/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $470,000 $113 Per Sq Ft

Est. 310% increase in value since last sale

Current estimated payment $11,456/month

15 Days on Market

Highlights

  • Lake Front
  • Concrete Pool
  • Mediterranean Architecture
  • Gated with Attendant
  • Vaulted Ceiling
  • Sun or Florida Room

About This Home

As of November 2015

Priced to sell single story home in desirable President Country Club. Gated, secure and with endless lake views, this house is spacious and tranquil. Open floor plan, over 4,100 SF of living space, beautiful lakefront pool, and a large driveway with ample parking. Beautifully landscaped and easy to see. East of 95, close to the new mall, shops, restaurants, easy access to highways and downtown West Palm. Great location. BRAND new washer/dryer.

Last Agent to Sell the Property

Sonny Maken

The Maken Group License #3011938 Listed on: 10/08/2015

Last Buyer's Agent

Jessica Hunter

Sterling Real Estate Group LLC License #3223194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,453

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Northeast Facing Home
  • Fenced
  • Property is zoned SF7

HOA Fees

  • $278 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • 4,151 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Built-In Features
  • Bar
  • Vaulted Ceiling
  • Skylights
  • French Doors
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Concrete Pool
  • Room in yard for a pool
  • Pool Equipment or Cover

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 74434307010001180

Community Details

Overview

  • Association fees include cable TV, security
  • Presidents Country Club Subdivision

Recreation

  • Tennis Courts

Security

  • Gated with Attendant

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,453

Year Built

Built in 1983

Lot Details

0

HOA Fees

$278 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 95 East on Palm Beach Lakes Blvd., left on Congress, right on Presidential Way, first right into embassy drive, turn right into Shannon.
  • Year Built: 1983
  • Architectural Style: Mediterranean
  • Entry Level: 1
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, French Door(s)/Atrium Door(s), High Ceilings, Custom Mirrors, Skylights, Separate Shower, Vaulted Ceiling(s), Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Carpet, Ceramic Tile, Tile
  • Living Area: 4151.0
  • Dining Room Type: Family Room, Laundry, Dining Room, Florida Room
  • Stories: 1
  • Window Features: Skylight(s)

Exterior Features

  • Exterior Features: Fence, Outdoor Grill, Room For Pool
  • View: Lake
  • Lot Features: Cul-De-Sac
  • Pool Features: Concrete, Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Brick Veneer, Block
  • Direction Faces: Northeast
  • Roof: Other

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

  • Laundry Features: Laundry Tub
  • Security: Gated with Guard, Security Guard
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 278.0
  • Community Features: Street Lights, Tennis Court(s)
  • Senior Community: No
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Cable TV, Security

Lot Info

  • Parcel #: 74434307010001180
  • Zoning Description: SF7

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 11453.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2016
Sold by
Florida Foreclosure Investments Llc
Bought by
Fisch Samuel
Current Estimated Value
$1,926,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$332,395
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,594,404

Purchase Details

Listed on
Oct 8, 2015
Closed on
Nov 23, 2015
Sold by
Singh Ramjit and Kaur Tarsem
Bought by
Florida Foreclosure Investments Llc and Banford James William
Seller's Agent
Sonny Maken
The Maken Group
Buyer's Agent
Jessica Hunter
Sterling Real Estate Group LLC
List Price
$529,000
Sold Price
$470,000
Premium/Discount to List
-$59,000
-11.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.25%

Purchase Details

Listed on
Jun 29, 2013
Closed on
Jul 12, 2013
Sold by
Jolly Thomas and Jolly Thomas Revocable Trust
Bought by
Singh Ramjit
Seller's Agent
Rogerio Almeida
Coldwell Banker
Buyer's Agent
Rogerio Almeida
Coldwell Banker
List Price
$498,000
Sold Price
$450,000
Premium/Discount to List
-$48,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.84%
Original Mortgage
$267,000
Interest Rate
3.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 20, 2007
Sold by
Jolly Thomas Md
Bought by
Thomas Md Jolly

Purchase Details

Closed on
Apr 24, 2001
Sold by
Warner Stephen/Laura Trust C
Bought by
Thomas Jolly

Purchase Details

Closed on
Sep 15, 1997
Sold by
Daniel Marilyn D and Daniel Slavin
Bought by
Warner Stephen J
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
Fisch Samuel -- None Available
Florida Foreclosure Investments Llc $470,000 Vista Title Ins & Guaranty A
Singh Ramjit $445,000 Vista Title Insurance & Guar
Thomas Md Jolly -- Attorney
Thomas Jolly $425,000 --
Warner Stephen J $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fisch Samuel $417,000
Previous Owner Singh Ramjit $267,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2015 11/23/15 Sold $470,000 0.0% $113 / Sq Ft
11/23/2015 11/23/15 Sold $470,000 -11.2% $113 / Sq Ft View Prior Sale
10/24/2015 10/24/15 Pending -- -- --
10/08/2015 10/08/15 For Sale $529,000 0.0% $127 / Sq Ft
09/08/2015 09/08/15 For Sale $529,000 +17.6% $127 / Sq Ft
07/07/2013 07/07/13 Sold $450,000 -9.6% $108 / Sq Ft View Prior Sale
07/03/2013 07/03/13 Pending -- -- --
06/29/2013 06/29/13 For Sale $498,000 -- $120 / 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 $13,121 $669,409 -- --
2023 $11,893 $605,440 $0 $0
2022 $11,784 $587,806 $0 $0
2021 $11,539 $559,938 $0 $0
2020 $11,482 $552,207 $0 $0
2019 $11,316 $539,792 $0 $0
2018 $10,769 $529,727 $0 $0
2017 $10,656 $518,832 $157,686 $361,146
2016 $10,180 $445,274 $0 $0
2015 $11,338 $483,504 $0 $0
2014 $11,453 $483,593 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sonny Maken

    The Maken Group

  • Jessica Hunter

    Buyer's Agent in 2015

    Jessica Hunter

    Sterling Real Estate Group LLC

    (407) 491-3104

    11 Total Sales

    Jessica Hunter
    Section Image
  • Rogerio Almeida

    Seller's Agent in 2013

    Rogerio Almeida

    Coldwell Banker

    (954) 381-9696

    31 Total Sales

    Rogerio Almeida
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10174233

BeachesMLS

APN: 74-43-43-07-01-000-1180

Florida Palm Beach County West Palm Beach 33401 Banyan Cay

8 Shannon Cir, West Palm Beach, FL

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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