We have a 3,750 square foot house in Frenchmans Reserve in Palm Beach Gardens, Florida, listed at $997,000 plus $102,000 equity club membership (which is refundable upon sale of the house in the future). We are interested in trading for a condo in NYC. We are moving due to a change in my wife's job. If you haven't been to Palm Beach Gardens, it is really beautiful - close to the beach, on a... [more]
We have a 3,750 square foot house in Frenchmans Reserve in Palm Beach Gardens, Florida, listed at $997,000 plus $102,000 equity club membership (which is refundable upon sale of the house in the future). We are interested in trading for a condo in NYC. We are moving due to a change in my wife's job. If you haven't been to Palm Beach Gardens, it is really beautiful - close to the beach, on a gorgeous golf course, etc. The full listing with contact information can be found at www.realtor.com/MLS ID: R3290366. Would appreciate any comments with positive interest in this trade.
Thanks.
326 Charroux Dr
Palm Beach Gardens, FL 33410
$997,000
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Status:Active
Beds:3 Bed
Baths:4 Bath
House Size:3,750 Sq Ft
Year Built:2007
Listings Refreshed: 41 Minutes Ago
“Exquisite residence, move in condition”
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**IMPORTANT: For Information and Showings Please go to http://www.prestigioushomes.net/ and on the top right hand corner of the Web Page click on Homes
Overview
Photos (19)
Schools And Neighborhood
Property History
Property Details
Exquisite residence, move in condition, stellar value in fabulous community. Open floor plan, great for entertaining with huge patio surrounding private pool with gorgeous tropical garden providing maximum privacy. Upgrades include expanded family room, custom window coverings, whole house generator (allowing power in house even in the event of hurricanes), wet bar, huge summer kitchen, gourmet chef's kitchen with two sinks and much more. Extra refrigerator in garage excluded. Full golf equity ... (Read More)
General Information
Beds 3 bed Baths 4 bath
House Size 3750 sq ft Lot Size Not Available
Price $997,000 Price/sqft $266
Property Type
Single Family Home
Year Built 2007
Neighborhood Frenchmans Reserve Pod C Style Mediterranean, Ranch
Stories 1 Garage 2
Property Features
Status: Active County: PALMBEACHSubdivision: Frenchmans Reserve Pod C3 total full bath(s) 1 total half bath1 stories Type: Unit Description: On Golf CourseFamily room KitchenMaster Bedroom is 20 x 16 Living room is 26 x 21Dining room is 15 x 12 Family room is 20 x 17Kitchen is 15 x 14 Den is 15 x 11View Pool features: Pool is 30 x 15, Inground2 car garage(s)Attached parking Cooling features: CentralInclusions: Maintenance Fee Includes: Cable, Common Area, Lawn Care, Security, Trash Removl, Equipment: Auto Garage Door, Central Vacuum, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Smoke Detector, Wall Oven, WasherCommunity exercise area(s) Community golfCommunity recreation facilities Community tennis court(s)Pets allowed View: Garden, PoolUtilities present: Gas; Natural, Public Sewer, Public Water, UndergroundCall agent for details on association fee info. Swimming pool(s)Community swimming pool(s) Community spa/hot tub(s)Dining room DenLaundry room Complex features: Exercise Room, Putt Green, Sidewalk, Spa- Hot Tub Energy Info: Elec AvailLiving Room Master BedroomParking features: Attached Garage, Driveway
Heating Features
Central
Exterior Construction
CBS
Roofing
S-Tile
Interior Features
Total Building SqFt: 4735, Rooms: Den, Family, Utility-Laundry, Dining Area: Breakfast Area, Formal Dining room, Snack Bar, Other Features: Built In Shelving, Cook Island, Foyer, Laundry Tub, Pantry, Roman Tub, Split Bedrooms, Vol Ceiling, Wet Bar, Walk In Closet, Flooring: Carpet, Ceramic Tile, Bedroom 2 is: 14x11, Bedroom 3 is: 19x16, Utility room is: 15x5, Master Bedroom on Ground Level, Security Features: Gate-Manned, Security Patrol, Security System/Owned
Exterior Features
Auto Sprinklers, Covered Patio, Fence, Open Patio
Data Source: MLS
MLS ID: R3290366
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Response by truthskr10
over 13 years ago
Posts: 4088
Member since: Jul 2009
Comments;
In NY, monthly expenses and taxes are expected to be listed
•$13,652 in taxes (2011) •Tax Reflects City & County Tax
•$2,025 Quarterly Fees
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Response by PiedfromFla
over 13 years ago
Posts: 18
Member since: Sep 2008
Thanks - they are listed.
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Response by NWT
over 13 years ago
Posts: 6643
Member since: Sep 2008
Sales Date Price OR Book/Page Sale Type Owner
APR-2007 $1,146,698 21601 / 1824 WARRANTY DEED
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Response by JButton
over 13 years ago
Posts: 447
Member since: Sep 2011
you can probably get a 1br in NYC for that, of course depending on location maybe a small 2br.
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Response by PiedfromFla
over 13 years ago
Posts: 18
Member since: Sep 2008
NWT - thanks for listing that info - that is correct and we have put more than $100,000 into the house after closing. It is one of the best values in the community.
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Response by sonnynyc
over 13 years ago
Posts: 41
Member since: Feb 2008
308 Charroux is for sale for $785,000 and is 700 square feet bigger..just saying, maybe price it to sell...
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
A million dollars for a 3 bedroom house? Really?
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Response by JButton
over 13 years ago
Posts: 447
Member since: Sep 2011
good point sonny. guy took a bath on it bot for 1.3, in 07.
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Response by PiedfromFla
over 13 years ago
Posts: 18
Member since: Sep 2008
308 Charroux is a short sale under contract - it is not the same house and unfortunately from what I know has problems (no power for a long time, green pool, etc., etc.) not comparable. This house is priced VERY competitively in the market.
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
308 Charroux Dr is a substantialy better deal. It has an extra bedroom, an extra garage, and is $100,000 chepaer.
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Response by sonnynyc
over 13 years ago
Posts: 41
Member since: Feb 2008
"one of best values in the community" is a reach... there is tons of inventory in Frenchman's, you should price to sell take your lumps and move on, otherwise it will sit for a LONG time... Best of luck!
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
136 Abondance Dr just sold for $664,000. Compared to your house, 136 Abondance is significantly bigger and has a bigger lot.
There is no other way I can put it: Your house is substantially overpriced. There is zero chance that it will ever appraise for the asking price even if you find a buyer willing to purchase it at that price.
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
And 223 Montant sold for only $726,000.
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Response by alanhart
over 13 years ago
Posts: 12397
Member since: Feb 2007
You can buy a 2BR/2ba condo in nearby Delray Beach for $20K, and you don't even have to cough up money for "equity" in club membership.
[Plunk down cash for sunken costs in the club??? Seriously? Whoever thought up that scam, and moreover what kind of person would be stupid enough to pay it?]
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Response by alanhart
over 13 years ago
Posts: 12397
Member since: Feb 2007
So basically you can buy 50 2BR/2ba condos right nearby for the same money, and save on club membership equity on top of that.
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Response by NYCMatt
over 13 years ago
Posts: 7523
Member since: May 2009
It's a nice house, but far from "exquisite". And priced about $300K over value. AND a million bucks for only a 2-car garage?
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Response by Eric_14
over 13 years ago
Posts: 93
Member since: Sep 2011
Zillow isn't very impressed. They put the house at $823,100 and dropping.
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
You need to drop the price to $799,000 if your serious about selling.
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
Why has your house been for sale for 3 years? And whose crazy idea was it to raise the price by $50,000 last March?
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Response by Socialist
over 13 years ago
Posts: 2261
Member since: Feb 2010
And your neighbors over at 234 Montant are only asking $775,000 for a 4,000 square foot house.
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Response by PMG
over 13 years ago
Posts: 1322
Member since: Jan 2008
Do Floridians shop for houses?
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Response by crescent22
over 13 years ago
Posts: 953
Member since: Apr 2008
vicious
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Response by JButton
over 13 years ago
Posts: 447
Member since: Sep 2011
vicious but he needs a good dose of reality. on the market for 3 years, he needs to move soon, lots of inventory that is cheaper.
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Response by bob420
over 13 years ago
Posts: 581
Member since: Apr 2009
I think all new users that want to post links/FSBO/trades etc about their apt/place be required to read through past threads. If they are still up for it, then go ahead.
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Response by huntersburg
over 13 years ago
Posts: 11329
Member since: Nov 2010
>be required to
More regulation is not the answer to our problems.
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Response by NYCMatt
over 13 years ago
Posts: 7523
Member since: May 2009
It wouldn't be QUITE so bad if it weren't for that absurd $102K you have to pay for equity in the "club". Even still, this is a property that at best is worth $690K.
that is an expensive club. why dont you just get the refund at the sale instead of advertizing it w/ this membership charge?
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Response by alanhart
over 13 years ago
Posts: 12397
Member since: Feb 2007
W2W in Sickley Heights, Pennsyltucky ... TRULY "exquisite".
But does it come with $8K per year club fees?
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Response by Triple_Zero
over 13 years ago
Posts: 516
Member since: Apr 2012
What is an "equity club", how is it connected to home ownership, and why would $102,000 beinvested in it?
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Response by Eric_14
over 13 years ago
Posts: 93
Member since: Sep 2011
It's the membership/ownership of the golf course (and whatever other amenities are included) on which this house sits. There's a distinct possibility that it's another reason for falling property values in the houses for which this membership is required, since many Florida golf courses/country clubs are in pretty bad financial shape.
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Response by 33496
over 13 years ago
Posts: 30
Member since: Nov 2009
Boca Raton is a much better place to buy and live for New Yorkers as far as country clubs go in Palm Beach County. Woodfield, St. Andrews, Broken Sound, Polo Club etc.
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Response by Truth
over 13 years ago
Posts: 5641
Member since: Dec 2009
Boca is former New Yorker central. Lots of Brooklyn folks move there to retire.
I visit them and like it there.
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Response by alanhart
over 13 years ago
Posts: 12397
Member since: Feb 2007
Truth speaks the truth. There's no place on earth with a greater concentration of Brooklyn accents than Boca Town Center Mall.
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Response by huntersburg
over 13 years ago
Posts: 11329
Member since: Nov 2010
We have enough global warming that the baby boomer generation will be more likely to remain in NY area than go to Florida.
Comments;
In NY, monthly expenses and taxes are expected to be listed
•$13,652 in taxes (2011) •Tax Reflects City & County Tax
•$2,025 Quarterly Fees
Thanks - they are listed.
Sales Date Price OR Book/Page Sale Type Owner
APR-2007 $1,146,698 21601 / 1824 WARRANTY DEED
you can probably get a 1br in NYC for that, of course depending on location maybe a small 2br.
NWT - thanks for listing that info - that is correct and we have put more than $100,000 into the house after closing. It is one of the best values in the community.
308 Charroux is for sale for $785,000 and is 700 square feet bigger..just saying, maybe price it to sell...
A million dollars for a 3 bedroom house? Really?
good point sonny. guy took a bath on it bot for 1.3, in 07.
308 Charroux is a short sale under contract - it is not the same house and unfortunately from what I know has problems (no power for a long time, green pool, etc., etc.) not comparable. This house is priced VERY competitively in the market.
308 Charroux Dr is a substantialy better deal. It has an extra bedroom, an extra garage, and is $100,000 chepaer.
"one of best values in the community" is a reach... there is tons of inventory in Frenchman's, you should price to sell take your lumps and move on, otherwise it will sit for a LONG time... Best of luck!
136 Abondance Dr just sold for $664,000. Compared to your house, 136 Abondance is significantly bigger and has a bigger lot.
There is no other way I can put it: Your house is substantially overpriced. There is zero chance that it will ever appraise for the asking price even if you find a buyer willing to purchase it at that price.
And 223 Montant sold for only $726,000.
You can buy a 2BR/2ba condo in nearby Delray Beach for $20K, and you don't even have to cough up money for "equity" in club membership.
[Plunk down cash for sunken costs in the club??? Seriously? Whoever thought up that scam, and moreover what kind of person would be stupid enough to pay it?]
So basically you can buy 50 2BR/2ba condos right nearby for the same money, and save on club membership equity on top of that.
It's a nice house, but far from "exquisite". And priced about $300K over value. AND a million bucks for only a 2-car garage?
Zillow isn't very impressed. They put the house at $823,100 and dropping.
You need to drop the price to $799,000 if your serious about selling.
Why has your house been for sale for 3 years? And whose crazy idea was it to raise the price by $50,000 last March?
And your neighbors over at 234 Montant are only asking $775,000 for a 4,000 square foot house.
Do Floridians shop for houses?
vicious
vicious but he needs a good dose of reality. on the market for 3 years, he needs to move soon, lots of inventory that is cheaper.
I think all new users that want to post links/FSBO/trades etc about their apt/place be required to read through past threads. If they are still up for it, then go ahead.
>be required to
More regulation is not the answer to our problems.
It wouldn't be QUITE so bad if it weren't for that absurd $102K you have to pay for equity in the "club". Even still, this is a property that at best is worth $690K.
For only $2,000 more, here's a home that's TRULY "exquisite": http://www.trulia.com/property/3086421306-248-Merriman-Rd-Sewickley-PA-15143
that is an expensive club. why dont you just get the refund at the sale instead of advertizing it w/ this membership charge?
W2W in Sickley Heights, Pennsyltucky ... TRULY "exquisite".
But does it come with $8K per year club fees?
What is an "equity club", how is it connected to home ownership, and why would $102,000 beinvested in it?
It's the membership/ownership of the golf course (and whatever other amenities are included) on which this house sits. There's a distinct possibility that it's another reason for falling property values in the houses for which this membership is required, since many Florida golf courses/country clubs are in pretty bad financial shape.
Boca Raton is a much better place to buy and live for New Yorkers as far as country clubs go in Palm Beach County. Woodfield, St. Andrews, Broken Sound, Polo Club etc.
Boca is former New Yorker central. Lots of Brooklyn folks move there to retire.
I visit them and like it there.
Truth speaks the truth. There's no place on earth with a greater concentration of Brooklyn accents than Boca Town Center Mall.
We have enough global warming that the baby boomer generation will be more likely to remain in NY area than go to Florida.