NOT LISTED FOR SALE

Estimated Value: $5,866,978

4 Beds
3.5 Baths
3,575 Sq Ft
$1,641/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2018

Last sale price $3,250,000 $909 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $36,673 / mo

167 Days on Market

Highlights

  • Property has ocean access
  • Room in yard for a pool
  • Main Floor Primary Bedroom
  • Home fronts navigable water
  • Wood Flooring
  • Outdoor Living Area

About This Home

As of April 2018

Deep Water Boating and Waterfront Living Are Yours in Upscale Ocean Ridge! Rare opportunity to own one of the premier point lot homes which offers spectacular wide water views from 247’ of waterfront including 100’ of direct intracoastal. As you arrive at the end of this beautiful, quiet cul-de-sac and drive onto the brick paved entry of this incredible 4 bedroom, 3.5 bath custom home you can see your dream of a waterfront lifestyle taking shape before your eyes. Enter the front door to the open floor plan featuring solid wood flooring throughout the home, and let your eyes take in the smooth flow between rooms. The living room with fireplace opens into the family room, and both are bathed in natural light through the impact windows that also provide incredible views of the Intracoastal waters., The formal dining area has a unique custom designed 8-foot high recessed vertical wine rack that beautifully displays 288 bottles of wine. The center bar countertop has a classic wine glass storage rack above creating the perfect recipe for fabulous entertaining. The master bedroom provides beautiful water views and direct access to the patio welcoming you to enjoy some of south Florida s most gorgeous sunsets. The unique gourmet kitchen offers a lovely dine-in breakfast nook, and features a coffered ceiling over the center island prep area, marble counter tops, tile marble backsplash and stainless steel Thermador appliances including a 6-burner hooded gas rangetop and freedom refrigeration, freezer & wine columns. You'll enjoy the wrap-around covered loggia with tongue in groove cypress wood ceiling that offers the perfect place to relax and enjoy the incredible sunsets! There s an electric jetski/boat lift and the feeling of confidence knowing that the water depth at your dock is capable of accommodating up to a 125-foot boat. Other amenities include a large roof-top balcony for star gazing or watching sunrises and sunsets with unobstructed views; a brick-paved driveway with attached 2-car garage with a bonus area above the garage that can used as an office, art or photo studio or secure storage or easily convert to a guest suite, club room or theater room. Access to the nearby prestigious McCormick Mile Beach Club is included, and for convenience you re located just minutes from fabulous shopping and dining in local area shops in the nearby towns of Palm Beach, Delray Beach and Boca Raton.

Last Agent to Sell the Property

Steven Presson

The Corcoran Group License #3135349 Listed on: 09/25/2017

The Corcoran Group

Last Buyer's Agent

Michael Rutledge

The Keyes Company (Tequesta) License #3310152

The Keyes Company (Tequesta)

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,419

Year Built

  • Built in 2015

Lot Details

  • 17,219 Sq Ft Lot
  • Home fronts navigable water
  • Cul-De-Sac
  • East Facing Home
  • Property is zoned RSF(ci

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Barrel Roof Shape

Interior Spaces

  • 3,575 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Oven
  • Gas Range
  • Free-Standing Freezer

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Dual Sinks

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • Balcony
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 46434522100001070

Community Details

Overview

  • No Home Owners Association
  • MC Cormick Mile Add 1 Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,419

Year Built

Built in 2015

Lot Details

0.4 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: North Ocean Blvd - north of Ocean Avenue, left on Island Drive, left on Island Drive South, right on Bonito
  • Year Built: 2015
  • Architectural Style: Spanish/Mediterranean
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Building Stories: 2
  • DelayedMarketingYN: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Built-in Features, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Main Level Primary
  • Furnished: Unfurnished
  • Appliances: Free-Standing Freezer, Gas Range, Oven
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Entry Level Living Area Y
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 3575.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area, Room For Pool
  • Lot Features: Cul-De-Sac
  • Pool Private: No
  • Waterfront Features: Navigable Water, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Covered, Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Garage

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Natural Gas Available

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Trail(s)
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 46434522100001070
  • Lot Size Acres: 0.4
  • Lot Size: 247.0 ft x 70.0 ft
  • Mobile Dim Units: Feet
  • Zoning: RSF(ci

Tax Info

  • Tax Annual Amount: 29419.4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Apr 24, 2018
Sold by
Mcdonald Keith M and Mcdonald Amy A
Bought by
Seller's Agent
Steven Presson
The Corcoran Group
Buyer's Agent
Michael Rutledge
The Keyes Company (Tequesta)
List Price
$4,495,000
Sold Price
$3,250,000
Premium/Discount to List
-$1,245,000
-27.7%
Current Estimated Value
$5,866,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,616,978
Avg. Annual Appreciation
7.29%
Original Mortgage
$1,375,000
Outstanding Balance
$1,153,983
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$4,712,995

Purchase Details

Closed on
Jul 6, 2011
Sold by
Rch Realty Lp
Bought by
Mcdonald Keith M and Mcdonald Amy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,000
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2006
Sold by
Siebert Margrethe B
Bought by
Rch Realty Lp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Ocean Ridge, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,250,000 None Available
Mcdonald Keith M $1,225,000 None Available
Rch Realty Lp $2,000,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,375,000
Previous Owner Mcdonald Keith M $146,632
Previous Owner Mcdonald Keith M $1,029,000
Previous Owner Rch Realty Lp $1,500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $3,250,000 -27.7% $909 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
09/25/2017 09/25/17 For Sale $4,495,000 -- $1,257 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $66,445 $3,110,425
2024 $66,445 $2,827,659
2023 $64,624 $2,570,599 $0 $0
2022 $54,969 $2,336,908 $0 $0
2021 $41,416 $2,124,462 $1,500,000 $624,462
2020 $41,839 $2,144,311 $1,500,000 $644,311
2019 $42,014 $2,108,163 $1,500,000 $608,163
2018 $29,511 $1,577,151 $0 $0
2017 $29,178 $1,544,712 $0 $0
2016 $29,419 $1,512,940 $0 $0
2015 $34,876 $1,735,010 $0 $0
2014 $24,869 $1,193,395 $0 $0
Source: Public Records

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10367726

BeachesMLS (Greater Fort Lauderdale)

APN: 46-43-45-22-10-000-1070

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