$5,500,000
SOLD SEP 10, 2020

101 Worth Ave Unit 3a Palm Beach, FL 33480

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

Recently Sold

$1,332 Per Sq Ft

25% Below List Price

307 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble Flooring
  • Palm Beach Public School Rated A-
  • Fitness Center
  • Community Pool

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 Intl. Realty, Inc. License #497423 Listed on: 10/08/2019

Sotheby's Intl. Realty, Inc.

Co-Listed By

Lynn Warren

Sotheby's International Realty License #0497454

Last Buyer's Agent

Ann Summers

Brown Harris Stevens of PB License #319294

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $38,314

Year Built

  • Built in 1974

Lot Details

  • Ocean Front
  • Sprinkler System

HOA Fees

  • $4,564 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Deeded Parking
  • Assigned Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 4,130 Sq Ft Home
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Cooling Available
  • Central Heating
  • Heat Strip
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 50434326080000031

Community Details

Overview

  • Association fees include management, common areas, cable TV, insurance, legal/accounting, ground maintenance, pest control, roof, water
  • High-Rise Condominium
  • Kirkland House Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman

Recreation

  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$38,314

Year Built

Built in 1974

Lot Details

0

HOA Fees

$4,564 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Royal Palm Way to the ocean, turn south to Worth Ave.
  • Year Built: 1974
  • Architectural Style: High Rise
  • Entry Level: 3
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Pets No Pets Comments: Other Pet Restrictions:Possible Restrictions
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Separate Shower, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Marble, Wood
  • Living Area: 4130.0
  • Dining Room Type: Den, Storage Room
  • Stories: 6
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Deeded, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Door Man
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Strip
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4564.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Trash
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Roof, Water

Lot Info

  • Parcel #: 50434326080000031
  • Lot Size: 1 to < 2 Acres,1/2 to <
  • Zoning Description: R-D(2)
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 38314.0

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
$9,424,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,505,415
Avg. Annual Appreciation
-21.84%

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
9.40%

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: 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 $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: BeachesMLS

MLS Number: R10567982

BeachesMLS

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