NOT LISTED FOR SALE

112 Via Palma Palm Beach, FL 33480

Estimated Value: $7,105,000 - $19,895,070

7 Beds
9 Baths
9,500 Sq Ft
$1,271/Sq Ft Est. Value

Last Sold May 21, 2014

Last sale price $6,500,000 $684 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $84,340/month

274 Days on Market

Highlights

  • Home Theater
  • Cabana
  • Waterfront
  • Palm Beach Public School Rated A-
  • Newly Remodeled
  • Marble Flooring

About This Home

As of May 2014

Newly built, elegant custom 7 BR home in the prime, sought after Estate area of Palm Beach on a large (25,000+SF) lot. Wonderful, graciously scaled floor plan includes mahogany library, oversized gourmet eat-in-kitchen, superb master suite with fireplace, two luxurious baths, and generous closet space, living room with fireplace and formal dining room. Neutral palette. The finest custom details are evident: limestone flooring, deep moldings & woodwork and more. A beautiful pool/patio area and loggias enhance the outdoor space surrounded by lush gardens. Full basement with wine cellar, playroom and more. A Palm Beach gem close proximity to beach! Value priced.

Last Agent to Sell the Property

Paulette Koch

The Corcoran Group License #3068398 Listed on: 07/15/2013

The Corcoran Group

Co-Listed By

Dana Koch

The Corcoran Group License #3027862

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $63,873

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • Waterfront
  • North Facing Home
  • Back Yard Fenced
  • Sprinkler System
  • Property is zoned RA

Home Design

  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 9,500 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Sound System
  • Ceiling Fan
  • Fireplace
  • Awning
  • Double Hung Windows
  • Dining Room
  • Home Theater
  • Library
  • Storage
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Double Convection Oven
  • Gas Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Instant Hot Water

Flooring

  • Wood
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 9 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Hurricane or Storm Shutters
  • Partial Impact Glass
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Pool

  • Cabana
  • Gas Heated Pool
  • Outdoor Pool

Outdoor Features

  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocean Blvd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434335000020230

Home Details

Home Type

Single Family

Est. Annual Taxes

$63,873

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 155
  • Subdivision Name: Ocean Blvd
  • Architectural Style: Three + Story
  • Garage Yn: Yes
  • Year Built: 2010
  • Location Tax Legal:Zoned: RA
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 63873.0
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 9500.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 155
  • Pool:Heated - Gas: Yes
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • WaterSewer:City Water: Yes
  • Style:Three Story: Yes
  • Windows:Awning: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Windows:Impact Glass: Yes
  • Windows:Impact Glass-Partial: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Auto Garage Door Opener: Yes
  • Floors:StoneBrick: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Freezer, Ice Maker, Instant Hot Water, Range-Gas, Oven-Double, Oven-Convection, Microwave, Washer, Dryer
  • Total Bedrooms: 7
  • Flooring: Hardwood, Marble, Stone/Brick
  • Interior Amenities: Cable, Ceiling Fan, Elevator, Fireplace, Intercom, Sound System, Smoke Detectors, Storage
  • Living Area: 9500.0
  • Window Features: Awning, Double Hung, Impact Glass, Impact Glass-Partial
  • Interior Features:Storage: Yes
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Eat-in Kitchen: 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:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Appliances:Range-Gas: Yes
  • Interior Features:Sound System: Yes
  • Other Rooms:Media Room: Yes
  • Appliances:Instant Hot Water: Yes
  • Interior Features:Intercom: Yes

Exterior Features

  • Lot Features: 1/2 Acre to 1 Acre
  • Pool Features: Pool, Heated - Gas
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco, New Construction, Poured Concrete, Other Construction
  • Exterior Features: Balcony, Patio/Lanai, Cabana, Fence-Back Wall, Storm Shutters, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Construction:Other Construction: Yes
  • Exterior Features:Storm Shutters: Yes
  • Exterior Features:Cabana: Yes
  • Construction:New Construction: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

  • Parking Features: 2 Car, Attached, Air Conditioned, Door Opener
  • Garage: Yes
  • Garage:_two_ Car: Yes
  • Garage:Air Conditioned: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: Yes
  • Parcel #: 50434335000020230
  • Zoning: RA

Tax Info

  • Tax Annual Amount: 63873.0
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
May 21, 2014
Sold by
Haruvi Abe and Haruvi Giovana
Bought by
Vecellio Michael A
Seller's Agent
Paulette Koch
The Corcoran Group
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$6,500,000
Sold Price
$6,500,000
Current Estimated Value
$12,070,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,570,023
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
May 22, 2008
Sold by
Harris Heather and Harris Heather H
Bought by
Haruvi Abe and Haruvi Giovana

Purchase Details

Closed on
Oct 18, 2005
Sold by
Harris Heather H and Harris Lamont B P
Bought by
Harris Heather

Purchase Details

Closed on
Jul 29, 2005
Sold by
Vecellio Michael A
Bought by
209 Via Linda Llc

Purchase Details

Closed on
Nov 10, 2003
Sold by
Pennacchi Andrea and Pennacchi Rosa
Bought by
Vecellio Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1999
Sold by
Firman-Mcconnell Jayne D and Mcconnell Richard E
Bought by
Harris Heather H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vecellio Michael A $6,500,000 Attorney
Haruvi Abe $3,275,000 Attorney
Harris Heather -- --
209 Via Linda Llc $2,110,000 --
Vecellio Michael A $1,475,000 --
Harris Heather H $1,125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Vecellio Michael A $0
Open Vecelio Michael A $1,000,000
Previous Owner Vecellio Michael A $800,000
Previous Owner Harris Heather H $600,000
Previous Owner Harris Heather H $400,000
Previous Owner Harris Heather H $625,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2014 05/21/14 Sold $6,500,000 0.0% $684 / Sq Ft
04/15/2014 04/15/14 Pending -- -- --
07/15/2013 07/15/13 For Sale $6,500,000 -- $684 / 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 $205,209 $13,725,443 -- --
2023 $201,012 $13,325,673 $10,312,104 $3,013,569
2022 $144,219 $7,776,446 $0 $0
2021 $116,388 $7,069,496 $4,840,000 $2,229,496
2020 $114,237 $6,825,352 $4,752,000 $2,073,352
2019 $114,513 $6,699,773 $4,620,000 $2,079,773
2018 $108,109 $6,531,020 $4,412,283 $2,118,737
2017 $102,134 $6,033,294 $3,587,222 $2,446,072
2016 $99,433 $5,771,062 $0 $0
2015 $100,724 $5,612,838 $0 $0
2014 $72,766 $3,796,729 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 13-1565

APN: 50-43-43-35-00-002-0230