$1,000,000
SOLD DEC 28, 2012
0.24 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

$77 Per Sq Ft

329 Days on Market

About This Lot

As of September 2020

Nearly a quarter acre in the north end just steps from the Island's widest, most beautiful beach. 10,848 Square feet buildable parcel. Build a one-story home up to 3,800 total SF maximum or a two-story home up to 5,400 total SF maximum. Property survey available.
A really great opportunity to be in the north end.

Last Agent to Sell the Property

JAMES McCANN

The Corcoran Group Listed on: 01/18/2012

Last Buyer's Agent

Richard True

The Corcoran Group License #3221820

The Corcoran Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,505

Lot Details

  • Waterfront
  • South Facing Home
  • Cleared Lot
  • Property is zoned RB

Home Design

  • 13,021 Sq Ft Home

Utilities

  • Gas Available

Community Details

  • Sea Isle Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434234010000150

Property Details

Property Type

Land

Est. Annual Taxes

$17,505

Lot Details

0

Listing Details

  • Property Sub Type: Single Family/Residential Estate
  • Prop. Type: Land
  • Subdivision Name: Sea Isle Estates
  • Above Grade Finished Sq Ft: 13020.83
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Taxes2: 17504.66
  • Location Tax Legal:Tax Year2: 2011
  • General Property Description:Waterfront: No
  • General Property Description:Lot Dim (1): 96
  • Exposure:South: Yes
  • Land Improvements:Water Available: Yes
  • Street Type:Paved: Yes
  • Land Improvements:Gas Available: Yes
  • Miscellaneous:Land Cleared: Yes
  • Special Features: None

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes

Utilities

  • Utilities: Water Available, Natural Gas Available

Lot Info

  • Parcel #: 50434234010000150
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 17504.66
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Sep 30, 2020
Sold by
Mitchell Suzan J and Suzan J Mitchell Trust
Bought by
Esrey Carl
Seller's Agent
Lynn Warren
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Dana Koch
The Corcoran Group
List Price
$6,100,000
Sold Price
$5,750,000
Premium/Discount to List
-$350,000
-5.74%
Current Estimated Value
$10,026,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,276,644
Avg. Annual Appreciation
12.25%
Original Mortgage
$4,312,500
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Dec 16, 2014
Closed on
Feb 9, 2015
Sold by
Richard Cushing True Llc
Bought by
Mitchell Suzan J and Suzan J Mitchell Trust
Seller's Agent
Burt Minkoff
Douglas Elliman
Buyer's Agent
Geoffrey Darnell
Brown Harris Stevens of PB
List Price
$5,495,000
Sold Price
$5,200,000
Premium/Discount to List
-$295,000
-5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.80%

Purchase Details

Listed on
Jan 18, 2012
Closed on
Dec 24, 2012
Sold by
Moudry Mitchell Peggy and Mitchell Thomas J
Bought by
Richard Cushing True Llc
Seller's Agent
JAMES McCANN
The Corcoran Group
Buyer's Agent
Richard True
The Corcoran Group
List Price
$1,000,000
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
117.64%

Purchase Details

Closed on
Sep 2, 2011
Sold by
Moudry Mitchell Peggy and Moudry Mitchell Margaret
Bought by
Mitchell Peggy Moudry

Purchase Details

Closed on
Jul 7, 2011
Sold by
Moudry Mitchell Peggy and Virginia B Moudry Trust
Bought by
Mitchell Peggy Moudry
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed $5,750,000 Attorney
Warranty Deed $5,200,000 Attorney
Warranty Deed $1,000,000 Premier Title Company Ltd
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 Credit Line Revolving
Closed $5,000,000 New Conventional
Closed $4,312,500 Credit Line Revolving
Closed $800,000 Commercial
Previous Owner $1,100,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $5,750,000 -5.7% $1,539 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $6,100,000 +17.3% $1,632 / Sq Ft
02/09/2015 02/09/15 Sold $5,200,000 0.0% $1,361 / Sq Ft
02/09/2015 02/09/15 Sold $5,200,000 -5.4% $1,361 / Sq Ft
01/15/2015 01/15/15 Pending -- -- --
01/10/2015 01/10/15 Pending -- -- --
12/16/2014 12/16/14 For Sale $5,495,000 +5.7% $1,438 / Sq Ft
02/26/2014 02/26/14 For Sale $5,200,000 +420.0% $1,361 / Sq Ft
12/28/2012 12/28/12 Sold $1,000,000 0.0% $77 / Sq Ft
12/12/2012 12/12/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $1,000,000 -- $77 / 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 $138,674 $6,756,873 -- --
2023 $141,348 $6,142,612 $0 $0
2022 $104,256 $5,584,193 $0 $0
2021 $82,545 $5,076,539 $2,376,807 $2,699,732
2020 $68,703 $4,194,726 $0 $0
2019 $68,572 $4,100,416 $0 $0
2018 $65,095 $4,023,961 $0 $0
2017 $65,148 $3,941,196 $0 $0
2016 $65,703 $3,860,133 $0 $0
2015 $39,692 $2,193,866 $0 $0
2014 $18,782 $1,035,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 12-169

APN: 50-43-42-34-01-000-0150