$5,500,000
SOLD SEP 10, 2020

101 Worth Ave Unit 3a Palm Beach, FL 33480

4 Beds
4 Baths
4,130 Sq Ft
$4,564/mo HOA Fee

Recently Sold

$1,332 Per Sq Ft

67 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Home Gym

About This Home

As of March 2024

The Kirkland House is one of the finest in-town, oceanfront buildings in Palm Beach. 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. Unit 3A has incredible direct ocean, north beach and town views from its East, North & West exposures. Terrific light abounds through this four bedroom, four and one half bath apartment (over 4100 S.F. of A/C space) with multiple terraces, garage parking and a sunny pool.

Last Agent to Sell the Property

Gary Little

Sotheby's International Realty, Inc. License #SL-497423 Listed on: 06/29/2020

Sotheby's International Realty, Inc.

Co-Listed By

Lynn Warren

Sotheby's International Realty, Inc. License #SL-497454

Last Buyer's Agent

ANN SUMMERS

BARRETT WELLES PROPERTY GROUP LLC

Property Details

Home Type

  • Condo-Op

Est. Annual Taxes

  • $38,314

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $4,564 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 4,130 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Dining Room
  • Utility Room
  • Home Gym
  • Direct Ocean Views

Kitchen

  • Electric Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Eco-Friendly Details

  • Non-Toxic Pest Control

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434326080000031

Community Details

Overview

  • Association fees include insurance, cable TV, common area, maintenance exterior, pest control, water
  • 20 Units
  • Kirkland House Community
  • On-Site Maintenance
  • 6-Story Property

Amenities

  • Doorman
  • Common Area
  • Lobby
  • Elevator

Pet Policy

  • Pet Restriction
  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condo-Op

Est. Annual Taxes

$38,314

Year Built

Built in 1974

Lot Details

0

HOA Fees

$4,564 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Condo/Co-Op
  • Directions: Royal Palm Way to the ocean, turn south to Worth Ave.
  • Building Name: Kirkland House
  • Year Built: 1974
  • Location Tax Legal:Name of Building: Kirkland House
  • Location Tax Legal:Zoned: 0400
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 38314.36
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 4130.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • General Property Description:Maintenance Amount: 13692.4
  • General Property Description:Per: Quarter
  • General Property Description:_pound_ Units in Complex: 20
  • General Property Description:_pound_ Floors: 6.0
  • Waterfront-Building:Ocean - Direct: Yes
  • Waterfront-Unit:Living Room View: Yes
  • Waterfront-Unit:Master Bedroom View: Yes
  • Exposure of Unit:East2: Yes
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Laundry:Laundry in Unit: Yes
  • Security:Door Person: Yes
  • Services Included:Full Time Manager: Yes
  • Maintenance Includes:Common Area: Yes
  • Maintenance Includes:Exterior Bldg: Yes
  • Maintenance Includes:Pest Control: Yes
  • Maintenance Includes:Water2: Yes
  • Exposure of Unit:North2: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Pets:Pets Allowed: Yes
  • Lease Restrictions Pets W Restrictions: Yes
  • Pets:Pet Type: Cat or Dog
  • Waterfront-Unit:Ocean - Direct2: Yes
  • Maintenance Includes:Cable TV: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Waterfront-Unit:Ocean- Across Street2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble, Tile
  • Interior Amenities: Cable, Ceiling Fan, Wndw Trmnts Included
  • Living Area: 4130.0
  • Stories: 6
  • Interior Features:Wndw Trmnts Included: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Exterior Features: Balcony, Elevator, Exercise Room, Lobby, Ocean Acc-Not Deeded
  • Exterior Features:Balcony: Yes
  • Exterior Features:Elevator2: Yes
  • Exterior Features:Exercise Room2: Yes
  • Exterior Features:Lobby: Yes
  • Exterior Features:Ocean Acc-Not Deeded: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Amenities: Full Time Manager
  • Association: Yes

Association/Amenities

  • Restrictions:Condo Association: Yes

Fee Information

  • Association Fee Includes: Insurance, Cable TV, Common Area, Maintenance Exterior, Pest Control, Water

Lot Info

  • Development Status: Land Owned
  • Parcel #: 50434326080000031
  • Zoning: 0400

Rental Info

  • Pets Other: 20 or less

Multi Family

  • Number Of Units Total: 20
  • Maintenance Expense: 13692.4

Tax Info

  • Tax Annual Amount: 38314.36
  • Tax Year: 2018

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
$8,533,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,396,873
Avg. Annual Appreciation
-20.88%

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
10.60%

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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $11,930,000 None Listed On Document
Warranty Deed $15,000,000 Alley Maass Rogers & Lindsay P
Interfamily Deed Transfer -- Attorney
Warranty Deed $5,500,000 Attorney
Quit Claim Deed -- Attorney
Warranty Deed -- --
Warranty Deed $2,250,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $9,168,690 New Conventional
Previous Owner $1,075,000 Unknown
Previous Owner $1,090,525 Purchase Money Mortgage
Previous Owner $1,125,000 New Conventional
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
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 $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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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 19-1927

APN: 50-43-43-26-08-000-0031