NOT LISTED FOR SALE

101 Worth Ave Unit 3a Palm Beach, FL 33480

Estimated Value: $4,910,000 - $12,574,454

3 Beds
5 Baths
3,710 Sq Ft
$2,483/Sq Ft Est. Value

Last Sold March 21, 2024

Last sale price $11,930,000 $3,216 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $69,442/month

About This Home

As of March 2024

Just completed, entirely renovated, turnkey with beautiful design details in one of the finest in-town, oceanfront buildings in Palm Beach. This 3 bedroom, four and one half bathroom apartment boasts terrific light throughout with direct ocean, north beach and town views from its east, north & west exposures. A rare find over 4,100 SF with multiple terraces, garage parking in an excellent building. Kirkland House is an intimate 20-unit boutique building with white glove services and spacious apartments. The location is most convenient to the beach, world class shopping and fine dining.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2023
Closed on
Mar 21, 2024
Sold by
Bray Bennie M and Bray Family Trust
Bought by
Mashaal Richard and Jerassy Evelyn
Seller's Agent
Dana Koch
The Corcoran Group
Buyer's Agent
pbb.rets.6452
pbb.rets.RETS_OFFICE
List Price
$16,500,000
Sold Price
$11,930,000
Premium/Discount to List
-$4,570,000
-27.7%
Views
335
Current Estimated Value
$9,210,485

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,719,515
Avg. Annual Appreciation
-19.79%

Purchase Details

Listed on
Jan 12, 2022
Closed on
Jun 10, 2022
Sold by
Y Michele Kang Revocable Trust
Bought by
Bray Family Trust
Seller's Agent
ANN SUMMERS
Brown Harris Stevens of Palm Beach 6598
Buyer's Agent
Allison Wren
The Corcoran Group
List Price
$15,000,000
Sold Price
$15,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.14%

Purchase Details

Closed on
Dec 22, 2020
Sold by
Kang Yongmee Michele
Bought by
Kang Y Michele and Y Michele Kang Revocable Trust

Purchase Details

Listed on
Jun 29, 2020
Closed on
Sep 10, 2020
Sold by
Sheehan Robert W and Kevin J Collins 2002 Revocable
Bought by
Kang Yongmee Michele
Seller's Agent
Gary Little
Sotheby's International Realty, Inc.
Buyer's Agent
ANN SUMMERS
BARRETT WELLES PROPERTY GROUP LLC
List Price
$5,500,000
Sold Price
$5,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%

Purchase Details

Closed on
May 10, 2019
Sold by
Mallard Herbert K
Bought by
Sheehan Robert W and Kevin J Collins 2002 Revocable

Purchase Details

Closed on
Mar 9, 2004
Sold by
Collins Kevin J and Collins Ellen
Bought by
Sheehan Robert W and Kevin Collins 2002 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,090,525
Interest Rate
3.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1999
Sold by
Kemper Jan C
Bought by
Collins Kevin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Interest Rate
6.85%
Mortgage Type
New Conventional
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
Mashaal Richard $11,930,000 None Listed On Document
Bray Family Trust $15,000,000 Alley Maass Rogers & Lindsay P
Kang Y Michele -- Attorney
Kang Yongmee Michele $5,500,000 Attorney
Sheehan Robert W -- Attorney
Sheehan Robert W -- --
Collins Kevin J $2,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheehan Robert W $1,090,525
Previous Owner Collins Kevin J $1,125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2024 03/21/24 Sold $11,930,000 -13.2% $3,216 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
01/22/2024 01/22/24 Price Changed $13,750,000 -6.1% $3,706 / Sq Ft
11/13/2023 11/13/23 Price Changed $14,650,000 -8.2% $3,949 / Sq Ft
04/27/2023 04/27/23 Price Changed $15,950,000 -3.3% $4,299 / Sq Ft
04/07/2023 04/07/23 For Sale $16,500,000 +10.0% $4,447 / Sq Ft
06/15/2022 06/15/22 Sold $15,000,000 0.0% $4,043 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $15,000,000 +172.7% $4,043 / Sq Ft
09/10/2020 09/10/20 Sold $5,500,000 0.0% $1,332 / Sq Ft
09/10/2020 09/10/20 Sold $5,500,000 0.0% $1,332 / Sq Ft
09/04/2020 09/04/20 Pending -- -- --
08/11/2020 08/11/20 Pending -- -- --
06/29/2020 06/29/20 For Sale $5,500,000 -25.2% $1,332 / Sq Ft
10/08/2019 10/08/19 For Sale $7,350,000 -- $1,780 / Sq Ft

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 $168,402 $11,300,000 -- --
2023 $169,981 $11,300,000 $0 $11,300,000
2022 $96,202 $6,072,000 $0 $0
2021 $89,920 $5,520,000 $0 $5,520,000
2020 $92,306 $5,575,000 $0 $5,575,000
2019 $40,354 $2,413,989 $0 $0
2018 $38,314 $2,368,978 $0 $0
2017 $38,337 $2,320,253 $0 $0
2016 $38,502 $2,272,530 $0 $0
2015 $39,818 $2,256,733 $0 $0
2014 $40,008 $2,238,822 $0 $0
Source: Public Records

Agents Affiliated with this Home

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