NOT LISTED FOR SALE

Estimated Value: $673,000 - $4,492,693

7 Beds
9 Baths
5,008 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $6,950,000 $1,388 Per Sq Ft

Current estimated payment $19,500/month

Highlights

  • Horses Allowed On Property
  • Saltwater Pool
  • 15 Acre Lot
  • Western Pines Community Middle School Rated A-
  • RV Access or Parking
  • Vaulted Ceiling

About This Home

As of July 2022

Offered for the first time, Papple Farm is a 15 acre equestrian oasis. Located near the Publix Plaza, Palm Beach State College and Southern Blvd it is only a 10 minute drive to the Winter Equestrian Festival & Global Dressage Festival show grounds. No expense was spared in the development and construction of this equestrian compound with a new, large, well designed home. It has a high end kitchen overlooking the beautiful irrigated grass field with the arena and barn beyond it. The view of the arena and 20 stall barn are spectacular from the kitchen and sweeping veranda. It is the perfect place for morning coffee or the evening sunset. The home has a design that is traditional southern but with a modern farmhouse vibe. The 20 stall barn is CBC construction with an airy & breezy feel with high ceilings. The wide aisles offer plenty of space for placing tack trunks outside each stall, or place in one of two tack rooms. There are wall to wall mats, integrated fly spray system, 4 large grooming stalls, 2 wash stalls, extra large washer and dryer in the laundry room, a kitchen, bathroom, feed room, hay room, a separate covered manure bin with a fly spray system and roll up door, 2 RV hookups, and a separate 3 bedroom 3 bathroom CBC grooms quarters with a common kitchen. The entire property is on 3 - RO systems to ensure clean filtered water for horses and humans. (a 1000 gallon system for the house and 2 - 1000 gallon systems for the barn and grooms quarters). There is a substantial machine shed to house all the things that need storing in the off months. With 3 large roll-up doors you can store virtually anything big such as a boat, horse trailers or RV. There is plenty of room for a covered arena, more paddocks, or another barn. Or just enjoy living on this expansive land on this beautiful property as is and generate positive cash flow. The arena is truly all-weather. You can ride immediately after a drenching rain. No wetland, no easement , no ponds, and no power lines. The property drains extremely well to canals on each side. You can expand the facilities for more revenue if desired. You could also add a guest house or property managers home. This property has it all and can be enjoyed as a beautiful private farm and home, or expanded for an even bigger equestrian operation. Truly a must see property!!

Last Agent to Sell the Property

david welles

Equestrian Sotheby's International Realty Inc. License #3241338 Listed on: 07/05/2022

Equestrian Sotheby's International Realty  Inc.

Last Buyer's Agent

Craig Martin

Inactive Member License #3275346

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,002

Year Built

  • Built in 2017

Lot Details

  • 15 Acre Lot
  • North Facing Home
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 8 Car Garage
  • Garage Door Opener
  • Circular Driveway
  • RV Access or Parking

Home Design

  • Metal Roof

Interior Spaces

  • 5,008 Sq Ft Home
  • 1-Story Property
  • Central Vacuum
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Florida or Dining Combination
  • Sun or Florida Room
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 7 Bedrooms | 5 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Saltwater Pool
  • Pool Equipment or Cover

Outdoor Features

  • Patio
  • Wrap Around Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 41414317012020020

Community Details

Overview

  • Loxahatchee Groves Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,002

Year Built

Built in 2017

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: 24 Hour Notice; Appointment Only; Call Listing Agent; Pets on Premises
  • Year Built: 2017
  • Horses: Yes
  • Architectural Style: Georgian, Traditional
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Central Vacuum, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Main Level Primary, Sitting Area in Primary, Storage, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Main Level Bedrooms: 5
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Softener, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bedrooms: 7
  • Flooring: Concrete, Other, Wood
  • Living Area: 5008.0
  • Dining Room Type: Dining Room, Florida Room
  • Stories: 1
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: Sprinkler System
  • Pool Features: Heated, In Ground, Pool Equipment, Salt Water, Association
  • Pool Private: Yes
  • Road Frontage Type: Public Road
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Other Structures: Guest House, Outbuilding
  • Patio And Porch Features: Covered, Patio, Porch, Wrap Around
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Attached Garage: Yes
  • Garage Spaces: 8.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Detached, Garage, Golf Cart Garage, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Security System Owned, Security System, Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Septic Tank
  • Utilities: Cable Available, Water Available
  • Water Source: Well

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Pool
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 41414317012020020
  • Horse Amenities: Boarding Facilities, Hay Storage, Pasture, Paddocks, Round Pen, Riding Ring, See Remarks, Stable(s), Tack Room, Water Source
  • Lot Size Acres: 15.0
  • Lot Size: 15 Acres
  • Lot Size Sq Ft: 653400.0
  • Mobile Dim Units: Feet
  • Zoning: AR

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 35002.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Jul 6, 2022
Sold by
Papple Farm Llc
Bought by
Oak Springs Gorilla Farm Llc
Seller's Agent
david welles
Equestrian Sotheby's International Realty Inc.
Buyer's Agent
Craig Martin
Inactive Member
List Price
$6,950,000
Sold Price
$6,950,000
Current Estimated Value
$2,807,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,142,102
Avg. Annual Appreciation
-22.48%
Original Mortgage
$5,950,000
Outstanding Balance
$5,635,019
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
-$2,827,121

Purchase Details

Closed on
Dec 3, 2015
Sold by
4B Land & Cattle Llc
Bought by
Papple Farm Llc

Purchase Details

Closed on
Jul 2, 2012
Sold by
Overton Larry D
Bought by
4B Land & Cattle Llc

Purchase Details

Closed on
Nov 6, 1996
Sold by
Kenneth L Neill Tr
Bought by
Overton Larry D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oak Springs Gorilla Farm Llc $6,950,000 None Listed On Document
Oak Springs Gorilla Farm Llc $6,950,000 None Listed On Document
Papple Farm Llc $950,000 First American Title Ins Co
4B Land & Cattle Llc $270,000 First Intl Title Inc
Overton Larry D $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oak Springs Gorilla Farm Llc $5,950,000
Closed Oak Springs Gorilla Farm Llc $5,950,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2022 07/06/22 Sold $6,950,000 0.0% $1,388 / Sq Ft
07/05/2022 07/05/22 For Sale $6,950,000 -- $1,388 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $55,178 $2,591,967 -- --
2024 $55,178 $2,666,262 -- --
2023 $55,246 $2,658,656 $0 $0
2022 $34,024 $1,332,872 $0 $0
2021 $29,342 $1,349,338 $0 $0
2020 $26,429 $1,104,849 $130,780 $974,069
2019 $30,080 $1,334,188 $124,300 $1,209,888
2018 $20,856 $931,014 $362,703 $568,311
2017 $11,143 $493,290 $375,757 $117,533
2016 $9,173 $392,369 $0 $0
2015 $3,512 $98,285 $0 $0
2014 $1,610 $3,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10814201

BeachesMLS (Greater Fort Lauderdale)

APN: 41-41-43-17-01-202-0020