NOT LISTED FOR SALE

Estimated Value: $7,598,000

6 Beds
10 Baths
10,915 Sq Ft
$696/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2017

Last sale price $20,000,000 $1,832 Per Sq Ft

Current estimated payment $48,877 / mo

199 Days on Market

Highlights

  • Ocean Front
  • Tennis Courts
  • Roman Tub
  • Palm Beach Public School Rated A-
  • Cabana
  • Marble Flooring

About This Home

As of May 2017

Prominent Palm Beach Compound with commanding Ocean views on 1.3 acre +/- property. Originally designed by John Volk, this spectacular landmarked estate features 6BR/7.2BA including an extraordinary multi-room master retreat with beautiful water views. The estate’s magnificent renovation by Jeffrey W. Smith garnered The Preservation Foundation’s 2010 Ballinger Award.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 09/19/2016

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 09/19/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $164,794

Year Built

  • Built in 1924

Lot Details

  • Ocean Front
  • East Facing Home
  • Property is zoned R-B

Parking

  • 3 Car Attached Garage
  • Circular Driveway

Property Views

  • Ocean
  • Pool
  • Tennis Court

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 10,915 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Bar
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Storage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Oven
  • Microwave
  • Free-Standing Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • Roman Tub
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool

Outdoor Features

  • Property has ocean access
  • Seawall
  • Tennis Courts
  • Covered Patio or Porch
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • El Encanto 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303110000270

Home Details

Home Type

Single Family

Est. Annual Taxes

$164,794

Year Built

Built in 1924

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO
  • Year Built: 1924
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Breakfast Bar, Built-in Features, Breakfast Area, Bathtub, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, Elevator, Garden Tub/Roman Tub, Kitchen Island, Multiple En Suite Bathrooms, Storage, Soaking Tub, Separate Shower, Upper Level Primary, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Free-Standing Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Marble, Other, Wood
  • Living Area: 10915.0
  • Stories: 3

Exterior Features

  • Exterior Features: Outdoor Living Area, Tennis Court(s)
  • View: Ocean, Pool, Tennis Court
  • Lot Features: 1-2 Acres
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front, Seawall
  • Waterfront: Yes
  • Construction Type: Brick, Other
  • Direction Faces: East
  • Other Structures: Cabana
  • Patio And Porch Features: Covered, Patio, Porch
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434303110000270
  • Mobile Dim Units: Feet
  • Zoning: R-B

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 164794.0

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 19, 2016
Closed on
May 30, 2017
Sold by
Bought by
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$25,900,000
Sold Price
$20,000,000
Premium/Discount to List
-$5,900,000
-22.78%
Current Estimated Value
$7,598,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,402,000
Avg. Annual Appreciation
-10.05%
Original Mortgage
$10,000
Interest Rate
0.0312%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Sep 19, 2016
Closed on
May 1, 2017
Bought by
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$25,900,000
Sold Price
$20,000,000
Premium/Discount to List
-$5,900,000
-22.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
0.0312%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 4, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
0.0575%
Mortgage Type
Purchase Money Mortgage
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

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
$20,000,000 Title Matters Llc
$20,000,000 --
$7,000,000 Title Matters Llc
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 $10,000,000
Closed $8,400,000
Closed $10,000
Previous Owner $2,500,000
Previous Owner $10,000,000
Previous Owner $5,000,000
Previous Owner $35,000
Previous Owner $2,000,000
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
05/30/2017 05/30/17 Sold $20,000,000 -22.8% $1,832 / Sq Ft
04/30/2017 04/30/17 Pending -- -- --
09/19/2016 09/19/16 For Sale $25,900,000 -- $2,373 / 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 $232,864 $16,140,777
2024 $232,864 $15,685,886
2023 $228,226 $15,229,016 $0 $0
2022 $228,674 $14,785,452 $0 $0
2021 $232,447 $14,354,808 $0 $0
2020 $233,021 $14,156,615 $11,310,000 $2,846,615
2019 $267,048 $15,882,874 $13,000,000 $2,882,874
2018 $256,209 $15,750,426 $13,200,000 $2,550,426
2017 $160,978 $9,488,446 $0 $0
2016 $159,332 $9,293,287 $0 $0
2015 $164,794 $9,228,686 $0 $0
2014 $165,591 $9,155,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10268698

BeachesMLS (Greater Fort Lauderdale)

APN: 50-43-43-03-11-000-0270

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