NOT LISTED FOR SALE

Winthrop House 100 Worth Ave Unit Ph-5 Palm Beach, FL 33480

Estimated Value: $5,264,000 - $7,428,000

3 Beds
3 Baths
2,200 Sq Ft
$2,744/Sq Ft Est. Value

Last Sold May 25, 2020

Last sale price $3,910,000 $1,777 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $38,728/month

11 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Outdoor Pool
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Wood Flooring

About This Home

As of May 2020

Phenomenal premium quality renovation of a highly sought after 3-bedroom penthouse. Beautiful views looking south and west over downtown Palm Beach. And Yes, you get some ocean views as well! Its truly a beautiful condo for your most discerning buyer. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. If your property is currently listed with another agent, please do not consider this a solicitation for the listing. In the event a Buyer defaults, no commission will be paid to either Broker on the Deposits retained by the Seller. "No Commissions Paid until Title Passes." Copyright 2020 Listing Company. All Rights Reserved.

Last Agent to Sell the Property

FRANCES FRISBIE

Premier Estate Properties, Inc. - Palm Beach License #BK-3290923 Listed on: 02/17/2020

Co-Listed By

KATIE FRISBIE

Premier Estate Properties, Inc. - Palm Beach License #BK-3290402

Last Buyer's Agent

Dana Koch

The Corcoran Group License #3027862

The Corcoran Group

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $45,629

Year Built

  • Built in 1970

Lot Details

  • 1.93

HOA Fees

  • $2,299 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,200 Sq Ft Home
  • Dining Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Single Oven
  • Electric Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434326050007220

Community Details

Overview

  • Association fees include insurance, common area, maintenance exterior, sewer, water
  • 8 Units
  • Winthrop House Community
  • On-Site Maintenance
  • 8-Story Property

Amenities

  • Doorman
  • Common Area
  • Laundry Facilities
  • Lobby
  • Elevator

Recreation

Pet Policy

  • Pet Restriction
  • Small pets allowed

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$45,629

Year Built

Built in 1970

Lot Details

0

HOA Fees

$2,299 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Building Name: Winthrop House
  • Year Built: 1970
  • Location Tax Legal:Name of Building: Winthrop House
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 45628.58
  • Location Tax Legal:Tax Year2: 2019
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • General Property Description:Maintenance Amount: 6896.0
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 8
  • General Property Description:_pound_ Floors: 8.0
  • Waterfront-Unit:Living Room View: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Exercise Facility: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Sewer2: Yes
  • Maintenance Includes:Water2: Yes
  • Floors:Hardwood: Yes
  • Laundry:Laundry in Building: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Weight Restrictions: 25 lbs or Under
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Oven-Single, Microwave, Washer, Dryer, Range - Electric
  • Total Bedrooms: 3
  • Flooring: Hardwood
  • Interior Amenities: Smoke Alarms
  • Stories: 8
  • Interior Features:Smoke Alarms: Yes
  • Other Rooms:Dining Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Range - Electric: Yes
  • Appliances:Oven-Single: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Impact Doors, Impact Windows, Ocean Access- Deeded, Elevator, Exercise Room, Lobby
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Impact Doors: Yes
  • Exterior Features:Impact Windows: Yes
  • Exterior Features:Ocean Access-Deeded: Yes

Garage/Parking

  • Parking:Garage2: Yes
  • Parking:_two_ Car2: Yes

Utilities

  • Laundry Features: Laundry in Building, Laundry in Unit
  • Security: Door Person
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Exercise Facility
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Common Area, Maintenance Exterior, Sewer, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326050007220
  • Zoning: 0400

Multi Family

  • Number Of Units Total: 8
  • Maintenance Expense: 6896.0

Tax Info

  • Tax Annual Amount: 45628.58
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
May 20, 2020
Sold by
Crowell Cody S and Frisbie Kristin B
Bought by
Sirota Michael Dean and Sirota Miriam
Seller's Agent
FRANCES FRISBIE
Premier Estate Properties, Inc. - Palm Beach
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$3,910,000
Sold Price
$3,910,000
Current Estimated Value
$6,036,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,126,581
Avg. Annual Appreciation
5.07%
Original Mortgage
$1,975,000
Outstanding Balance
$1,739,569
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$3,345,079

Purchase Details

Closed on
Oct 5, 2019
Sold by
100 Winthrop Llc
Bought by
Crowell Cody S and Frisbie Kristin B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 25, 2018
Closed on
Apr 10, 2019
Sold by
The Revocable Deed Of Trust Of Shirley D
Bought by
100 Winthrop Llc and 100 Winthrop5 Llc
Seller's Agent
James Edwards
Sotheby's International Realty, Inc.
Buyer's Agent
KATIE FRISBIE
Premier Estate Properties, Inc. - Palm Beach
List Price
$2,114,188
Sold Price
$2,114,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Nov 21, 2007
Sold by
Dozor Shirley W
Bought by
Dozor Richard J and Revocable Deed Of Trust Of Shirley Dozor

Purchase Details

Closed on
Jun 4, 2004
Sold by
Dozor Shirley W
Bought by
Dozor Shirley W
Source: Public Records

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
Sirota Michael Dean $3,268,000 Trident Title
Crowell Cody S -- Attorney
100 Winthrop Llc $2,114,187 Attorney
Dozor Richard J -- Attorney
Dozor Shirley W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sirota Michael Dean $1,975,000
Previous Owner Crowell Cody S $950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2020 05/25/20 Sold $3,910,000 0.0% $1,777 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $3,910,000 +84.9% $1,777 / Sq Ft
04/16/2019 04/16/19 Sold $2,114,188 0.0% $1,046 / Sq Ft
03/25/2019 03/25/19 Pending -- -- --
09/25/2018 09/25/18 For Sale $2,114,188 -- $1,046 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $51,204 $3,475,508 -- --
2023 $50,171 $3,374,280 $0 $0
2022 $50,250 $3,276,000 $0 $0
2021 $42,281 $2,600,000 $0 $2,600,000
2020 $41,563 $2,500,000 $0 $2,500,000
2019 $45,810 $2,700,000 $0 $2,700,000
2018 $44,335 $2,700,000 $0 $2,700,000
2017 $45,301 $2,700,000 $0 $0
2016 $8,263 $514,494 $0 $0
2015 $8,542 $510,918 $0 $0
2014 $8,580 $506,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 20-346

APN: 50-43-43-26-05-000-7220