NOT LISTED FOR SALE

Estimated Value: $7,818,000 - $8,474,000

3 Beds
3.5 Baths
3,289 Sq Ft
$2,496/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $8,000,000 $2,432 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $55,089/month

79 Days on Market

Highlights

  • Private Pool
  • Marble Flooring
  • Formal Dining Room
  • Palm Beach Public School Rated A-
  • Breakfast Area or Nook
  • Circular Driveway

About This Home

As of April 2024

This charming Bermuda style home is a rare find, located just two parcels away from the ocean on the highly desired North End of Palm Beach. Situated on an oversized 12,200 square foot lot, this property provides ample space for outdoor entertainment and potential expansion. The proximity to the beach is a major highlight, with the best beach cabana on the island just a couple hundred feet away.

Last Agent to Sell the Property

Gary Pohrer

Serhant License #3068785 Listed on: 12/04/2023

Serhant

Last Buyer's Agent

Gary Pohrer

Serhant License #3068785 Listed on: 12/04/2023

Serhant

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,878

Year Built

  • Built in 1951

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Concrete Roof

Interior Spaces

  • 3,289 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Patio

Additional Features

  • Property is zoned R-B - LO
  • Central Heating and Cooling System

Community Details

  • North Shore Add To P B In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234080000340

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,878

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1951
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dining Area, Separate/Formal Dining Room, Fireplace, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble, Tile
  • Living Area: 3289.0
  • Dining Room Type: Family Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage, Two or More Spaces

Utilities

  • Security: Smoke Detector(s)
  • 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

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 50434234080000340
  • Lot Size: 1/4 to 1/2 Acre
  • Zoning Description: R-B - LO

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14878.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2023
Closed on
Apr 12, 2024
Sold by
Burny Joan Abbott and Vetter Laura Joan
Bought by
Marla Wiegman Fusz 2021 Family Trust and Fusz
Seller's Agent
Gary Pohrer
Serhant
Buyer's Agent
Gary Pohrer
Serhant
List Price
$9,950,000
Sold Price
$8,000,000
Premium/Discount to List
-$1,950,000
-19.6%
Total Days on Market
79
Views
62
Current Estimated Value
$8,207,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,788
Avg. Annual Appreciation
2.27%

Purchase Details

Closed on
Mar 15, 2021
Sold by
Burny Joan Abbott and Burny Joan Abbott
Bought by
Burny Joan Abbott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,172,200
Interest Rate
2.73%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 27, 2008
Sold by
Abbott Joan and Burny Joan Abbott
Bought by
Burny Joan Abbott

Purchase Details

Closed on
Apr 26, 1994
Sold by
Whittemore Marjorie W
Bought by
Burny Jule and Abbott Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,400
Interest Rate
7.77%
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 Buyer Sale Price Title Company
Marla Wiegman Fusz 2021 Family Trust $8,000,000 None Listed On Document
Burny Joan Abbott -- Sun City Title Inc
Burny Joan Abbott -- Attorney
Burny Jule $815,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burny Joan Abbott $3,172,200
Previous Owner Abbott Joan D $150,000
Previous Owner Burny Joan Abbott $50,000
Previous Owner Tinson Rodney D $200,000
Previous Owner Burny Jule $444,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $8,000,000 -10.6% $2,432 / Sq Ft
02/22/2024 02/22/24 Pending -- -- --
02/09/2024 02/09/24 Price Changed $8,950,000 -10.1% $2,721 / Sq Ft
12/04/2023 12/04/23 For Sale $9,950,000 -- $3,025 / Sq Ft
Source: BeachesMLS

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 $108,174 $7,211,081 -- --
2023 $14,878 $972,434 $0 $0
2022 $14,882 $944,111 $0 $0
2021 $15,164 $916,613 $0 $0
2020 $15,177 $903,958 $0 $0
2019 $15,138 $883,634 $0 $0
2018 $14,406 $867,158 $0 $0
2017 $14,389 $849,322 $0 $0
2016 $13,795 $831,853 $0 $0
2015 $14,261 $826,071 $0 $0
2014 $14,328 $819,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10940568

BeachesMLS

APN: 50-43-42-34-08-000-0340