NOT LISTED FOR SALE

116 Arlington Place West Palm Beach, FL 33405

South End Neighborhood

Estimated Value: $2,346,000 - $2,828,000

4 Beds
3 Baths
2,174 Sq Ft
$1,200/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,600,000 $736 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $17,403/month

About This Home

As of August 2020

This Palm Beach | Hamptons Chic, beautifully renovated home is ready for those looking for a sophisticated, clean look on the water! Re-imagined by designer Jamie Herzlinger as something casual, fresh and fun! Nickel Gap clad walls, furnished by Serena & Lily and splashed with blue and white! Enjoy the sunrise and sunset from your dock or pool. The location in SoSo is just a block from South Flagler, and all kinds of fine dining options on Dixie Hwy., City Place and Palm Beach. Shopping, The Norton and Ann Norton Sculpture Museums are both in very close proximity as is PBI.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2020
Closed on
Aug 14, 2020
Sold by
Kobosko Andrew and Kobosko Rebecca
Bought by
Phelps Jeffrey Bradford and Phelps Joanna Martinez
Seller's Agent
Myles Minns
Continental Properties, Inc.
Buyer's Agent
Lisa Wennick
Douglas Elliman
List Price
$1,690,000
Sold Price
$1,600,000
Premium/Discount to List
-$90,000
-5.33%
Current Estimated Value
$2,609,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,009,631
Avg. Annual Appreciation
10.25%
Original Mortgage
$1,200,000
Outstanding Balance
$1,076,385
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,476,841

Purchase Details

Listed on
Jul 14, 2017
Closed on
Mar 2, 2018
Sold by
Stroscheim James E and Stroscheim Deborah A
Bought by
Kobosko Andrew and Kobosko Rebecca
Seller's Agent
Tom Davis
Coldwell Banker Realty
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%
Original Mortgage
$900,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 6, 2012
Sold by
Williams Marietta G
Bought by
Stroscheim James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2002
Sold by
Hitt Jeffrey C
Bought by
Williams Marietta G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 14, 2002
Sold by
Pietsch Kent L and Pietsch Irene M
Bought by
Hitt Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 16, 2001
Sold by
Pietsch Irene M and Pietsch I
Bought by
Kent L Pietsch and I

Purchase Details

Closed on
Jul 28, 1997
Sold by
Luther Paul F and Bova Eileen M
Bought by
Pietsch Kent L and Pietsch Irene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 1993
Sold by
Luther Paul F and Luther Eileen M
Bought by
Merrill Lynch Credit Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.34%

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Phelps Jeffrey Bradford $1,600,000 Title Trust Services Llc
Kobosko Andrew $1,300,114 Standard Title Ins Agcy Inc
Stroscheim James E $515,000 None Available
Williams Marietta G $836,625 --
Hitt Jeffrey S $725,000 --
Kent L Pietsch -- --
Pietsch Kent L $345,000 --
Merrill Lynch Credit Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phelps Jeffrey Bradford $1,200,000
Previous Owner Kobosko Andrew $900,000
Previous Owner Stroscheim James E $412,000
Previous Owner Williams Marietta G $75,000
Previous Owner Williams Marietta G $1,000,000
Previous Owner Hitt Jeffrey S $580,000
Previous Owner Pietsch Kent L $140,000
Previous Owner Merrill Lynch Credit Corp $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Rented $20,000 0.0% --
02/14/2023 02/14/23 For Rent $20,000 +37.9% --
04/01/2021 04/01/21 Rented $14,500 0.0% --
03/02/2021 03/02/21 Under Contract -- -- --
02/24/2021 02/24/21 For Rent $14,500 0.0% --
08/14/2020 08/14/20 Sold $1,600,000 -5.3% $736 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
04/04/2020 04/04/20 For Sale $1,690,000 +30.0% $777 / Sq Ft
03/02/2018 03/02/18 Sold $1,300,000 0.0% $598 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
07/14/2017 07/14/17 For Sale $1,300,000 -- $598 / Sq Ft

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 $33,548 $1,625,816 -- --
2023 $33,418 $1,600,407 $0 $0
2022 $30,953 $1,454,915 $0 $0
2021 $29,970 $1,365,371 $1,050,000 $315,371
2020 $18,233 $817,480 $550,000 $267,480
2019 $20,358 $905,622 $600,000 $305,622
2018 $9,209 $457,639 $0 $0
2017 $9,106 $448,226 $0 $0
2016 $9,095 $439,007 $0 $0
2015 $9,278 $435,955 $0 $0
2014 $9,168 $427,237 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Wennick

    Seller's Agent in 2023

    Lisa Wennick

    Douglas Elliman

    (843) 329-9930

    1 in this area

    39 Total Sales

    Lisa Wennick
    Section Image
  • Adam McPherson

    Buyer's Agent in 2023

    Adam McPherson

    Douglas Elliman

    (561) 309-2326

    1 in this area

    39 Total Sales

    Adam McPherson
    Section Image
  • Myles Minns

    Seller's Agent in 2020

    Myles Minns

    Continental Properties, Inc.

    (732) 207-3141

    1 in this area

    133 Total Sales

    Myles Minns
    Section Image
  • Tom Davis

    Seller's Agent in 2018

    Tom Davis

    Coldwell Banker Realty

    (561) 329-0090

    26 in this area

    100 Total Sales

    Tom Davis
    Section Image

  • N

    Buyer's Agent in 2018

    NON MEMBER

    NON MEMBER FIRM

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Map

Florida Palm Beach County West Palm Beach 33405 South End

116 Arlington Place, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 116 Arlington Place, West Palm Beach, FL 33405 and is currently estimated at $2,609,631, approximately $1,200 per square foot. 116 Arlington Place is a home located in Palm Beach County with nearby schools including South Olive Elementary School, Conniston Middle School, and Forest Hill Community High School.

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