$8,450,000
SOLD FEB 25, 2020
8 Beds
7 Baths
8,514 Sq Ft
0.33 Acres

Recently Sold

$992 Per Sq Ft

419 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Mediterranean Architecture
  • Palm Beach Public School Rated A-
  • Marble Flooring
  • No HOA

About This Home

As of February 2020

Just one property from the Atlantic is this outstanding 1920's Addison Mizner designed residence on prestigious Dunbar Road. ''Costa Bella'' has been updated to today's luxury standards and offers 4 principal bedrooms plus 4 additional sea view guestrooms. Oceanview master suite has dual baths and large walk in closets. Impeccable original details include exquisite plaster relief ceilings, massive stone staircase, gorgeous tilework, soaring stenciled pecky cypress ceilings and oversized windows that provide streams of light throughout. Huge chefs kitchen with family room and butler's pantry. Spacious basement level wine cellar and three-car garage. Beach access steps away. The ultimate house for entertaining and gracious daily living.

Last Agent to Sell the Property

Wally Turner

Sotheby's International Realty, Inc. License #584810 Listed on: 12/12/2018

Sotheby's International Realty, Inc.

Last Buyer's Agent

Dragana Connaughton

Sotheby's International Realty, Inc. License #454712

Sotheby's International Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $36,874

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Back Yard Fenced
  • Property is zoned RD-1

Home Design

  • Mediterranean Architecture
  • Barrel Roof Shape

Interior Spaces

  • 8,514 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Fireplace
  • Double Hung Windows
  • Dining Room
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Marble
  • Terrazzo

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314070000372

Home Details

Home Type

Single Family

Est. Annual Taxes

$36,874

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.33
  • Lot Size: 110
  • Subdivision Name: Adams Addition
  • Architectural Style: Mediterranean, Two Story
  • Garage Yn: Yes
  • Year Built: 1920
  • Location Tax Legal:Zoned: RD-1
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 36874.0
  • Location Tax Legal:Tax Year2: 2018
  • General Property Description:Living Area: 8514.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • 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): 110
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • General Property Description:Lot SqFt: 14300
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Roof:Barrel Tile: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Style:Mediterranean: Yes
  • Floors:Terrazzo: Yes
  • Floors:StoneBrick: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Range-Electric, Oven-Double, Oven-Convection, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 8
  • Flooring: Hardwood, Marble, Stone/Brick, Terrazzo
  • Interior Amenities: Fireplace, Smoke Detectors, Storage, Wet Bar, Pantry
  • Living Area: 8514.0
  • Window Features: Double Hung
  • Interior Features:Storage: Yes
  • 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:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Appliances:Oven-Convection: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Wet Bar: Yes

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Other Construction
  • Exterior Features: Balcony, Fence-Back Wall, Ocean Access-No Deed
  • Roof: Barrel
  • Exterior Features:Balcony: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 14300.0
  • Parcel #: 50434314070000372
  • Zoning: RD-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 36874.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Feb 25, 2020
Sold by
Wohl Benjamin and Wohl Elys
Bought by
Yang Linqing
Seller's Agent
Wally Turner
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Dragana Connaughton
Sotheby's Intl. Realty, Inc.
List Price
$10,900,000
Sold Price
$8,450,000
Premium/Discount to List
-$2,450,000
-22.48%
Total Days on Market
419
Current Estimated Value
$13,396,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,946,113
Avg. Annual Appreciation
9.14%

Purchase Details

Closed on
Oct 25, 1999
Sold by
North Ocean Partners Llc
Bought by
Wohl Benjamin and Wohl Elys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
7.91%
Mortgage Type
New Conventional
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
Warranty Deed $8,037,150 Attorney
Warranty Deed $1,000,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $125,101 Unknown
Previous Owner $96,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $550,000 New Conventional
Previous Owner $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2020 02/25/20 Sold $8,450,000 0.0% $992 / Sq Ft
02/25/2020 02/25/20 Sold $8,450,000 -22.5% $992 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/26/2020 01/26/20 Pending -- -- --
05/17/2019 05/17/19 For Sale $10,900,000 +29.0% $1,280 / Sq Ft
12/12/2018 12/12/18 For Sale $8,450,000 -- $992 / 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 $98,179 $6,595,113 -- --
2023 $96,178 $6,403,022 $0 $0
2022 $96,351 $6,216,526 $0 $0
2021 $97,967 $6,035,462 $3,771,130 $2,264,332
2020 $38,898 $2,357,144 $0 $0
2019 $38,819 $2,304,149 $0 $0
2018 $36,874 $2,261,186 $0 $0
2017 $36,887 $2,214,678 $0 $0
2016 $36,796 $2,169,126 $0 $0
2015 $38,052 $2,154,048 $0 $0
2014 $38,234 $2,136,952 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 18-2447

APN: 50-43-43-14-07-000-0372