NOT LISTED FOR SALE

8566 112th Terrace N West Palm Beach, FL 33412

Estimated Value: $814,000 - $1,135,000

4 Beds
2 Baths
2,196 Sq Ft
$440/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $280,000 $128 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $6,284/month

235 Days on Market

Highlights

  • Stables
  • Great Room
  • Fireplace
  • Pierce Hammock Elementary School Rated A-
  • 1 Car Garage
  • Eat-In Kitchen

About This Home

As of April 2013

Awesome property in coveted Rustic Lakes. Original owner tells us Time To Sell! This turnkey 4 bedroom home is spacious on a beautiful cleared lot, aside from some mature oaks in the front yard! Has a pond and detached 32' x 26' garage/barn too! The utility barn / stable have electric and water. *the house has 2 water heaters The master has nice french doors that open to a private patio with a hot tub too! There are also 6 water spigots located around the property along with a wonderful fountain in the pond behind the house. This beautiful 5 acres has awesome breezes when you are on the screened porch and the views are peaceful and very relaxing too!

Last Agent to Sell the Property

Mark Loewenberg

Keller Williams Realty/P B License #3102116 Listed on: 07/27/2012

Keller Williams Realty/P B

Last Buyer's Agent

Mark Loewenberg

Keller Williams Realty/P B License #3102116 Listed on: 07/27/2012

Keller Williams Realty/P B

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,824

Year Built

  • Built in 1977

Lot Details

  • 5

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Great Room
  • Family Room
  • Florida or Dining Combination

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Patio
  • Property is zoned Ar
  • Stables

Community Details

  • Rustic Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00414223000001120

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,824

Year Built

Built in 1977

Lot Details

0

HOA Fees

$33 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Northlake west of beeline hwy, just past Ibis left on 112th to Gate
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Interior Amenities: Eat-in Kitchen, Family/Dining Room, Fireplace, Pantry, Split Bedrooms, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Living Area: 2196.0
  • Dining Room Type: Family Room, Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Other Structures: Stable(s)
  • Patio And Porch Features: Patio
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Detached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 33.0
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 00414223000001120
  • Lot Size: 5
  • Zoning Description: Ar

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3824.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2014
Sold by
Rashaed Elijah M and Rashaed Michelle
Bought by
Rashaed Michelle
Total Days on Market
235
Current Estimated Value
$965,926

Purchase Details

Listed on
Jul 27, 2012
Closed on
Apr 19, 2013
Sold by
Blackwell Helen
Bought by
Rashaed Elijah M
Seller's Agent
Mark Loewenberg
Keller Williams Realty/P B
Buyer's Agent
Mark Loewenberg
Keller Williams Realty/P B
List Price
$347,250
Sold Price
$280,000
Premium/Discount to List
-$67,250
-19.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%
Source: Public Records

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Range of Values:

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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
Rashaed Michelle -- Attorney
Rashaed Elijah M $280,000 Patch Reef Title Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rashaed Michelle $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $280,000 -19.4% $128 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $347,250 -- $158 / 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 $13,495 $627,722 -- --
2023 $12,415 $570,656 $0 $0
2022 $11,436 $518,778 $0 $0
2021 $10,636 $481,983 $260,000 $221,983
2020 $9,489 $428,742 $230,000 $198,742
2019 $9,059 $402,312 $210,000 $192,312
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3298891

BeachesMLS

APN: 52-41-42-23-00-000-1120