NOT LISTED FOR SALE

101 Bowsprit Dr North Palm Beach, FL 33408

Estimated Value: $5,203,000 - $9,578,966

6 Beds
7 Baths
6,853 Sq Ft
$1,111/Sq Ft Est. Value

Last Sold February 25, 2020

Last sale price $3,132,692 $457 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $46,585/month

99 Days on Market

Highlights

  • Boat Ramp
  • Home fronts navigable water
  • Home Theater
  • Property has ocean access
  • Intracoastal View
  • Concrete Pool

About This Home

As of February 2020

Stunning direct Intracoastal Estate with unobstructed wide water views. The Estate sits on a 0.41-acre corner lost featuring 213 feet of water frontage including new cement dock.The homes 6 bedrooms, 5.2 baths open concept interior features incredible views from almost every room. The exterior of the home was designed for entertaining, whether cooking in the outdoor kitchen, enjoying the infinity edge pool or just lounging under the covered patio taking in the stunning views the possibilities are unlimited.213 Feet of water frontage New Roof 2018Infinity edge pool with jacuzziNew Concrete Dock2017 Pool Heater GasAll new gutters 2018Hot water heater 2017 Tackle room with Commercial ice machine

Last Agent to Sell the Property

Meike Macgregor

Compass Florida LLC License #3026406 Listed on: 10/18/2019

Compass Florida LLC

Co-Listed By

Maximilian Olivier

Compass Florida LLC License #3359341

Last Buyer's Agent

Meike Macgregor

Compass Florida LLC License #3026406 Listed on: 10/18/2019

Compass Florida LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $54,188

Year Built

  • Built in 1992

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 179 x 157
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned R1(cit

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 6,853 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Built-In Features
  • Bar
  • High Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Intracoastal Views
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • Concrete Pool
  • Gunite Pool
  • Saltwater Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Open Patio
  • Outdoor Grill

Utilities

  • Zoned Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 68434216230000470

Community Details

Overview

  • Mariners Key Subdivision

Recreation

  • Boat Ramp
  • Boating
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$54,188

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: In North Palm Beach, US 1 South, Turn left onto Ebbtide Dr., Turn Right onto Corsair Drive, Make second left onto Bowsprit, Home is on the culdesac.
  • Year Built: 1992
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Closet Cabinetry, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Family/Dining Room, Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Split Bedrooms, Separate Shower, Bar, Walk-In Closet(s), Attic, Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Tile, Wood
  • Living Area: 6853.0
  • Dining Room Type: Attic, Den, Family Room, Florida Room, Laundry, Media Room, Storage Room
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Fence, Outdoor Grill, Patio
  • View: Intercoastal
  • Lot Features: Corner Lot, Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Concrete, Gunite, Heated, Pool, Salt Water
  • Pool Private: Yes
  • Waterfront Features: Intracoastal Access, Navigable Water, No Fixed Bridges, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Laundry Tub
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 68434216230000470
  • Lot Size: 179 x 157
  • Lot Size Sq Ft: 17685.0
  • Zoning Description: R1(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 54188.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Feb 21, 2020
Sold by
St John Julianne
Bought by
Gerwin Jeffrey A and Gerwin Claudia Slater
Seller's Agent
Meike Macgregor
Compass Florida LLC
Buyer's Agent
Meike Macgregor
Compass Florida LLC
List Price
$4,500,000
Sold Price
$3,132,693
Premium/Discount to List
-$1,367,308
-30.38%
Current Estimated Value
$7,611,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,478,550
Avg. Annual Appreciation
16.92%
Original Mortgage
$1,500,000
Outstanding Balance
$1,287,905
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$6,323,337

Purchase Details

Listed on
May 28, 2015
Closed on
Mar 7, 2016
Sold by
Holekam William F
Bought by
John Julianne St
Seller's Agent
Michele Sousa
K2 Realty, Inc. NPB
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$3,000,000
Sold Price
$3,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.10%

Purchase Details

Closed on
Dec 27, 2002
Sold by
Holekamp William F
Bought by
Holekamp William F and Merrifield James C

Purchase Details

Closed on
Sep 23, 1993
Sold by
Motta Joseph and Motta Nina
Bought by
Holekamp William F
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerwin Jeffrey A $3,132,692 Patch Reef Title Company Inc
John Julianne St $3,000,000 First American Title
Holekamp William F -- --
Holekamp William F -- --
Holekamp William F $1,660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerwin Jeffrey A $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/25/2020 02/25/20 Sold $3,132,693 -30.4% $457 / Sq Ft
01/26/2020 01/26/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $4,500,000 +50.0% $657 / Sq Ft
03/08/2016 03/08/16 Sold $3,000,000 0.0% $438 / Sq Ft View Prior Sale
03/08/2016 03/08/16 Sold $3,000,000 0.0% $438 / Sq Ft View Prior Sale
02/07/2016 02/07/16 Pending -- -- --
02/07/2016 02/07/16 Pending -- -- --
05/28/2015 05/28/15 For Sale $3,000,000 -18.9% $438 / Sq Ft
04/02/2015 04/02/15 For Sale $3,700,000 -- $540 / Sq Ft
Source: BeachesMLS

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 $80,947 $3,515,048 -- --
2023 $77,226 $3,293,408 $0 $0
2022 $64,072 $3,089,066 $0 $0
2021 $58,533 $2,900,531 $2,100,000 $800,531
2020 $57,903 $2,797,911 $1,820,000 $977,911
2019 $51,442 $2,417,205 $1,456,000 $961,205
2018 $54,188 $2,614,109 $1,581,429 $1,032,680
2017 $53,167 $2,549,908 $1,506,123 $1,043,785
2016 $60,937 $2,858,351 $0 $0
2015 $44,840 $2,084,195 $0 $0
2014 $44,895 $2,067,654 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Meike Macgregor

    Compass Florida LLC

    (561) 818-1168

    3 in this area

    113 Total Sales

    Meike Macgregor
    Section Image
  • Maximilian Olivier

    Seller Co-Listing Agent in 2020

    Maximilian Olivier

    Compass Florida LLC

    (561) 459-0550

    1 in this area

    55 Total Sales

    Maximilian Olivier
    Section Image

  • M

    Seller's Agent in 2016

    Michele Sousa

    K2 Realty, Inc. NPB

    Section Image

  • J

    Seller Co-Listing Agent in 2016

    James Kenny

    K2 Realty, Inc. NPB

    (561) 691-1223

    1 in this area

    33 Total Sales

    James Kenny
    Section Image

  • N

    Buyer's Agent in 2016

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: BeachesMLS

MLS Number: R10570772

BeachesMLS

APN: 68-43-42-16-23-000-0470

Florida Palm Beach County North Palm Beach 33408

101 Bowsprit Dr, North Palm Beach, FL

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