$23,240,491
SOLD JUL 14, 2014
6 Beds
6 Baths
10,232 Sq Ft
0.67 Acres

Recently Sold

$2,271 Per Sq Ft

79 Days on Market

Highlights

  • Direct Ocean View
  • Property has ocean access
  • Wine Room
  • Palm Beach Public School Rated A-
  • Home fronts a seawall
  • Gas Heated Pool

About This Home

As of July 2020

A truly pristine oceanfront Mediterranean villa in move in condition. 120 feet of crystal blue Atlantic views.

Last Agent to Sell the Property

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740 Listed on: 04/10/2014

Last Buyer's Agent

CAROLE RUHLMAN

Sotheby's International Realty, Inc. License #518189

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $311,120

Year Built

  • Built in 2007

Lot Details

  • Home fronts a seawall
  • Home has East and West Exposure
  • Sprinkler System
  • Property is zoned RA

Parking

  • 3 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 10,232 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Sound System
  • Fireplace
  • Sliding Windows
  • Wine Room
  • Dining Room
  • Library
  • Utility Room
  • Direct Ocean Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Pool

  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Property has ocean access
  • Bulkhead
  • Balcony
  • Patio
  • Lanai
  • Attached Grill

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • New Siears Tract Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303140000350

Home Details

Home Type

Single Family

Est. Annual Taxes

$311,120

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 120
  • Subdivision Name: New Siears Tract
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 2007
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 311120.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 10232.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: Yes
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 120
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:WW Carpeting: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Sliding: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Style:Mediterranean: Yes
  • Floors:StoneBrick: Yes
  • Exposure:West: Yes
  • Waterfront:Ocean-Direct: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Refrigerator-Wine, Freezer, Ice Maker, Range-Gas, Oven-Double, Washer, Dryer, Central Vac System
  • Half Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Hardwood, Stone/Brick, W/W Carpeting
  • Interior Amenities: Bidet, Cable, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Wet Bar, Wine Rm/Temp-Control, Pantry
  • Living Area: 10232.0
  • Window Features: Sliding
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator-Wine: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Interior Features:Bidet: Yes
  • Interior Features:Wet Bar: Yes
  • Appliances:Range-Gas: Yes
  • Appliances:Central Vac System: Yes
  • Interior Features:Sound System: Yes
  • Interior Features:Intercom: Yes
  • Interior Features:Wine RmTemp-Control: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Fresh Water, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: Ocean-Direct
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Balcony, Patio/Lanai, Ocean Access-Deeded, Seawall/Bulkhead, Built-in Grill, Sprinkler System
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Exterior Features:Built-in Grill: Yes
  • Exterior Features:SeawallBulkhead2: Yes

Garage/Parking

  • Parking Features: 3 Car, Attached
  • Garage: Yes
  • Garage:_three_ Car: Yes

Utilities

  • Security: Security System
  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434303140000350
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 311120.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
230 North Ocean Llc
Bought by
1075 North Ocean Llc
Current Estimated Value
$8,922,000

Purchase Details

Listed on
Jan 31, 2020
Closed on
Jul 17, 2020
Sold by
Marcus Jeffrey A and Marcus Nicola
Bought by
230 North Ocean Llc
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$44,900,000
Sold Price
$43,000,000
Premium/Discount to List
-$1,900,000
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.93%

Purchase Details

Listed on
Apr 10, 2014
Closed on
Jul 9, 2014
Sold by
Halle Bruce T and Halle Diane M
Bought by
Marcus Jeffrey A
Seller's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
Buyer's Agent
CAROLE RUHLMAN
Sotheby's International Realty, Inc.
List Price
$23,240,491
Sold Price
$23,240,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.78%
Original Mortgage
$2,000,000
Interest Rate
4.26%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 13, 2010
Sold by
Schulhof Michael P and Schulhof Paola N
Bought by
The Bruce T Halle 2003 Sb Irrevocable Tr

Purchase Details

Closed on
Sep 17, 2007
Sold by
1075 Nob Llc
Bought by
Schulhof Michael P and Schulhof Paola N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,000,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Saville Paul C and Saville Linda J
Bought by
1075 Nob Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 2002
Sold by
Northern Trust Bank Of Florida Na
Bought by
Saville Paul C and Saville Linda J
Source: Public Records

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Range of Values:

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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 -- Kensington Vanguard National L
Warranty Deed $430,000 Attorney
Warranty Deed $23,240,491 Attorney
Warranty Deed $22,500,000 Attorney
Warranty Deed $23,000,000 Attorney
Warranty Deed $8,250,000 --
Personal Reps Deed $6,925,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Previous Owner $2,000,000 Future Advance Clause Open End Mortgage
Previous Owner $5,000,000 Credit Line Revolving
Previous Owner $13,000,000 Purchase Money Mortgage
Previous Owner $6,500,000 Purchase Money Mortgage
Previous Owner $2,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2020 07/17/20 Sold $43,000,000 -4.2% $4,203 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $44,900,000 +93.2% $4,388 / Sq Ft
07/14/2014 07/14/14 Sold $23,240,491 0.0% $2,271 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
04/10/2014 04/10/14 For Sale $23,240,491 -- $2,271 / 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 $718,937 $40,796,633 -- --
2023 $667,733 $37,087,848 $0 $0
2022 $626,396 $33,716,225 $0 $0
2021 $498,500 $30,651,114 $19,550,000 $11,101,114
2020 $348,848 $21,118,898 $0 $0
2019 $348,237 $20,644,084 $0 $0
2018 $330,687 $20,259,160 $0 $0
2017 $330,998 $19,842,468 $14,160,382 $5,682,086
2016 $349,635 $20,357,334 $0 $0
2015 $361,629 $20,215,823 $0 $0
2014 -- $18,092,102 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-810

APN: 50-43-43-03-14-000-0350