NOT LISTED FOR SALE

Estimated Value: $1,464,684 - $1,617,000

5 Beds
3.5 Baths
3,418 Sq Ft
$455/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $1,600,000 $468 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $9,816/month

112 Days on Market

Highlights

  • In Ground Pool
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Indian Trace Elementary School Rated A
  • Gated Community
  • Wood Flooring

About This Home

As of November 2024

This is your Dream Home! Located in exclusive Palm Island, one of Weston's most desirable communities, this pristine home has timeless charm & a beautiful open floor plan w/5 Bedrooms & 3 1/2 baths. Features include brand new impact windows & doors, handcrafted built-ins, family room & living room w/double-sided fireplace, oversized chef's kitchen w/Sub-Zero appliances, Thermador gas stove, built-in Miele coffee/espresso system, new bathrooms w/European fixtures, endless gas hot water, primary bedroom w/sitting area & luxurious bath. The spacious outdoor covered living area has an oversized pool, large backyard, lush landscaping & piped gas grill. Gated community w/front/rear gates & neighborhood park, walking distance to ball fields, schools, places of worship, shopping & dining!

Last Listed By

Terri Perlini

Coldwell Banker Realty License #0575876 Listed on: 06/19/2024

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,094

Year Built

  • Built in 1990

Lot Details

  • 0.36 Acre Lot
  • North Facing Home
  • Property is zoned RE

HOA Fees

  • $267 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,418 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Clay

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

  • Indian Trace Elementary School
  • Tequesta Trace Middle School
  • Cypress Bay High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504018030180

Community Details

Overview

  • Palm Island Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,094

Year Built

Built in 1990

Lot Details

0

HOA Fees

$267 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1990
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Royal Palm Blvd to Weston Hills Drive and make a right onto Bayside Lane, after the gate make your first left onto Palm Blvd and follow around to Alexandra Circle and make a left. House is the second on the right.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Palm Island
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Water Heater, Gas Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Split Bedroom, Volume Ceilings, Family Room, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Clay, Wood
  • Furnished: Unfurnished
  • Living Area: 3418
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden, Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Palm Island
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 800
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Community Features: Gated Community
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Indian Trace
  • High School: Cypress Bay
  • Middle Or Junior School: Tequesta Trace

Lot Info

  • Parcel Number: 504018030180
  • Lot Size Sq Ft: 15777
  • Zoning: RE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10094

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Nov 6, 2024
Sold by
Silverglate Spencer Hal and Silverglate Katherine Clar
Bought by
Schultz Peter Wayne and Clark-Schultz Patricia Ann
Seller's Agent
Terri Perlini
Coldwell Banker Realty
Buyer's Agent
Heather Rosenblum
Palms Realty Group
List Price
$1,799,000
Sold Price
$1,600,000
Premium/Discount to List
-$199,000
-11.06%
Total Days on Market
112
Views
286
Current Estimated Value
$1,555,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,329
Avg. Annual Appreciation
-5.87%
Original Mortgage
$1,280,000
Outstanding Balance
$1,276,510
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$279,546

Purchase Details

Closed on
Nov 5, 1993
Sold by
Crespo Joseph A and Crespo Louise
Bought by
Silvergate Spencer H and Silvergate Katherine Clark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.03%

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
Schultz Peter Wayne $1,600,000 Core Title
Schultz Peter Wayne $1,600,000 Core Title
Silvergate Spencer H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Peter Wayne $1,280,000
Closed Schultz Peter Wayne $1,280,000
Previous Owner Silverglate Spencer H $250,000
Previous Owner Silverglate Spencer H $250,000
Previous Owner Silvergate Spencer H $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 Sold $1,600,000 -2.7% $468 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/23/2024 09/23/24 Price Changed $1,645,000 -3.2% $481 / Sq Ft
08/12/2024 08/12/24 Price Changed $1,699,000 -5.6% $497 / Sq Ft
06/20/2024 06/20/24 For Sale $1,799,000 -- $526 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $10,399 $1,138,100 $157,770 $980,330
2024 $10,094 $1,138,100 $157,770 $980,330
2023 $10,094 $463,690 $0 $0
2022 $9,460 $450,190 $0 $0
2021 $9,194 $437,080 $0 $0
2020 $8,922 $431,050 $0 $0
2019 $8,662 $421,360 $0 $0
2018 $8,302 $413,510 $0 $0
2017 $7,910 $405,010 $0 $0
2016 $7,897 $396,680 $0 $0
2015 $8,026 $393,930 $0 $0
2014 $8,072 $390,810 $0 $0
2013 -- $455,830 $157,770 $298,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11609699

MIAMI REALTORS® MLS

APN: 50-40-18-03-0180