NOT LISTED FOR SALE

Estimated Value: $5,397,000 - $7,200,017

5 Beds
8 Baths
6,020 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $2,611,250 $434 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $35,815/month

14 Days on Market

Highlights

  • Private Pool
  • Waterfront
  • Roman Tub
  • Lake View
  • 0.44 Acre Lot
  • 5-minute walk to Lakeview Park

About This Home

As of May 2018

Inspired by the Hamptons, this waterfront estate dream home in Lake Ida, Delray Beach's most desirable neighborhood, was brought to life by renown architect, Randall Stofft. The home evokes an ambiance of warmth and the luxury of lake-side living with two large balconies with fireplaces, large spa pool and lush yard centered on picturesque lake views. Every luxurious detail was thoughtfully designed & selected by a pair of prominent designers, from European Oak floors and Carrera marble chef’s kitchen to the high-end finishes. With the home 90-95% to completion, final finishes are awaiting the last stages of completion. Customize yourself or use the inventory of all the materials on site to complete the glorious vision. This exceptional home blends the charming sense of peaceful relaxation Inspired by the Hamptons, this waterfront estate dream home in Lake Ida, Delray Beach's most desirable neighborhood, was brought to life by renown architect, Randall Stofft. The home evokes an ambiance of warmth and the luxury of lake-side living with two large balconies with fireplaces, large spa pool and lush yard centered on picturesque lake views. Every luxurious detail was thoughtfully designed & selected by a pair of prominent designers, from European Oak floors and Carrera marble chef's kitchen to the high-end finishes. With the home 90-95% to completion, final finishes are awaiting the last stages of completion. Customize yourself or use the inventory of all the materials on site to complete the glorious vision. This exceptional home blends the charming sense of peaceful relaxation with easy access to South Florida's lively Delray Beach area. Enjoy a prime location by the Lake Ida playhouse, less than two miles to the beach, and one mile to downtown's vibrant Atlantic Avenue where you can enjoy great shopping, dining, nightlife and events.

Last Agent to Sell the Property

Jennifer Kilpatrick

The Corcoran Group License #3243987 Listed on: 03/16/2018

The Corcoran Group

Last Buyer's Agent

Joel Rask

Campbell&Rosemurgy Real Estate License #3215127

Campbell&Rosemurgy Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,953

Year Built

  • Built in 2017 | Under Construction

Lot Details

  • 0.44 Acre Lot
  • Waterfront
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 6,020 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Single Hung Metal Windows
  • Sliding Windows
  • Formal Dining Room
  • Lake Views
  • Breakfast Area or Nook

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Tub
  • Washer and Dryer Hookup

Outdoor Features

  • Private Pool
  • Open Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • Hibiscus Lake Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434608440000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,953

Year Built

Built in 2017 | Under Construction

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Swinton Avenue north, Take left onto NW 11th St. Drive to Hibiscus Lane and take a left. Turn right following road to the house on the right.
  • Year Built: 2017
  • Architectural Style: Colonial, Traditional
  • Unit Levels: Two
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Garden Tub/Roman Tub, Kitchen/Dining Combo, Soaking Tub, Separate Shower, Upper Level Primary
  • Furnished: Unfurnished
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Entry Location: Entry Level Living Area Y
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 6020.0
  • Stories: 2
  • Window Features: Metal, Single Hung, Sliding, Storm Window(s)

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Lake
  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open
  • Property Condition: Under Construction
  • Roof: Concrete, Tile

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside, Laundry Tub
  • Security: None
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None

Lot Info

  • Parcel #: 12434608440000020
  • Lot Size Acres: 0.44
  • Lot Size: .44 Acre 100 x 185 x 220
  • Lot Size Sq Ft: 19166.4
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 11953.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2018
Closed on
May 17, 2018
Sold by
Parke Sean D
Bought by
Milton James Arthur
Seller's Agent
Jennifer Kilpatrick
The Corcoran Group
Buyer's Agent
Joel Rask
Campbell&Rosemurgy Real Estate
List Price
$2,850,000
Sold Price
$2,611,250
Premium/Discount to List
-$238,750
-8.38%
Current Estimated Value
$6,039,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,428,004
Avg. Annual Appreciation
11.50%

Purchase Details

Closed on
Aug 14, 2013
Sold by
Hibiscus Lake Estaes Llc
Bought by
Parke Sean D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 11, 2012
Sold by
Mackie Douglas B
Bought by
Hibiscus Lake Estates Llc

Purchase Details

Closed on
Mar 11, 2010
Sold by
Signature Builders Group Llc
Bought by
Mackie Douglas B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Milton James Arthur $2,611,250 Association Title Services L
Parke Sean D $520,000 Universal Land Title Llc
Hibiscus Lake Estates Llc -- Attorney
Mackie Douglas B -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parke Sean D $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2018 05/18/18 Sold $2,611,250 -8.4% $434 / Sq Ft
04/18/2018 04/18/18 Pending -- -- --
03/15/2018 03/15/18 For Sale $2,850,000 -- $473 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $53,449 $3,037,412 -- --
2024 $53,449 $2,951,810 -- --
2023 $53,854 $2,865,835 $0 $0
2022 $53,606 $2,782,364 $0 $0
2021 $53,888 $2,701,324 $0 $0
2020 $53,601 $2,664,028 $0 $0
2019 $52,791 $2,604,133 $600,000 $2,004,133
2018 $12,461 $630,833 $630,833 $0
2017 $11,953 $630,833 $630,833 $0
2016 $11,017 $502,838 $0 $0
2015 $10,030 $457,125 $0 $0
2014 $9,607 $431,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10414591

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-08-44-000-0020