1198 N Ocean Way Palm Beach, FL 33480
North End NeighborhoodEstimated Value: $7,411,000 - $14,322,903
3
Beds
3
Baths
2,471
Sq Ft
$4,398/Sq Ft
Est. Value
Highlights
- Property has ocean access
- Outdoor Pool
- Marble Flooring
- Palm Beach Public School Rated A-
- Waterfront
- Bermuda Architecture
About This Home
As of June 2022Rare opportunity to come to market! Located on a pristine corner lot, 1198 N Ocean Blvd is a Bermuda Style home with 3 bedrooms and a den / 3 bathrooms only three properties from the ocean on the North End of the Island. Perfect for entertaining in every way including a gorgeous pool area with outdoor dining space and spacious living room with a fireplace. This property has privileges at the best oceanfront cabana on the entire island that has access only from its streets residents.
Last Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $21,499
Year Built
- Built in 1951
Lot Details
- 0.29 Acre Lot
- Waterfront
- Southeast Facing Home
- Corner Lot
- Irregular Lot
- Sprinkler System
- Property is zoned R-B - Low Density Residential
Parking
- Attached Garage
Home Design
- Bermuda Architecture
- Tile Roof
- Fiber Cement Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,471 Sq Ft Home
- 1-Story Property
- Dining Room
Kitchen
- Convection Oven
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Wine Refrigerator
- Disposal
Flooring
- Wood
- Marble
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- High Impact Windows
- High Impact Door
Pool
- Outdoor Pool
- Heated Pool
Outdoor Features
- Property has ocean access
- Patio
- Lanai
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Mockingbird Trl Subdivision
Listing and Financial Details
- Homestead Exemption
- Assessor Parcel Number 50434303090000171
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2022
Closed on
Jun 30, 2022
Sold by
Kuhlman Homestead Trust
Bought by
Williams Douglas L and Sirchio Gabrielle J
Seller's Agent
Gary Pohrer
SERHANT.
Buyer's Agent
GARY POHRER
THE CORCORAN GROUP 2435
List Price
$11,825,000
Sold Price
$11,825,000
Total Days on Market
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$958,048
Avg. Annual Appreciation
-2.84%
Original Mortgage
$5,000,000
Outstanding Balance
$4,711,233
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$6,155,719
Purchase Details
Closed on
Feb 10, 2021
Sold by
Kuhlman J T J and Kuhlman Kerry Anne
Bought by
Kuhlman J T J and Kuhlman Kerry Anne
Purchase Details
Closed on
Oct 8, 2010
Sold by
Kuhlman John Thane and Kuhlman Kerry Anne
Bought by
Kuhlman J T
Purchase Details
Closed on
Jun 4, 2010
Sold by
Nordhausen Kuhlman Alice
Bought by
Kuhlman John Thane
Purchase Details
Closed on
Mar 19, 2009
Sold by
Nordhausen Kuhlman Alice
Bought by
Kuhlman Alice Nordhausen
Purchase Details
Closed on
Jan 23, 2002
Sold by
Kuhlman Alice N and Estate Of Thane Anderson Kuhlm
Bought by
Kuhlman Alice Nordhausen and Thane Anderson Kuhlman Credit Shelter Tr
Similar Homes in Palm Beach, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Williams Douglas L | $11,825,000 | Jones Foster Pa | |
| Kuhlman J T J | -- | Attorney | |
| Kuhlman J T | -- | Attorney | |
| Kuhlman John Thane | -- | Attorney | |
| Kuhlman Alice Nordhausen | -- | Attorney | |
| Kuhlman Alice | -- | Attorney | |
| Kuhlman Alice Nordhausen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Williams Douglas L | $5,000,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2022 06/30/22 | Sold | $11,825,000 | 0.0% | $4,786 / Sq Ft |
| 06/30/2022 06/30/22 | Sold | $11,825,000 | 0.0% | $4,786 / Sq Ft |
| 05/31/2022 05/31/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | Pending | -- | -- | -- |
| 02/15/2022 02/15/22 | For Sale | $11,825,000 | -0.6% | $4,786 / Sq Ft |
| 01/17/2022 01/17/22 | For Sale | $11,900,000 | -- | $4,816 / Sq Ft |
Source: Palm Beach Board of REALTORS®
Tax History Compared to Growth
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 | $85,885 | $5,751,525 | -- | -- |
| 2023 | $116,210 | $7,722,226 | $5,584,005 | $2,138,221 |
| 2022 | $21,113 | $1,346,285 | $0 | $0 |
| 2021 | $21,499 | $1,307,073 | $0 | $0 |
| 2020 | $21,528 | $1,289,027 | $0 | $0 |
| 2019 | $21,479 | $1,260,046 | $0 | $0 |
| 2018 | $20,426 | $1,236,552 | $0 | $0 |
| 2017 | $20,415 | $1,211,119 | $0 | $0 |
| 2016 | $19,890 | $1,186,209 | $0 | $0 |
| 2015 | $20,565 | $1,177,963 | $0 | $0 |
| 2014 | $20,663 | $1,168,614 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gary Pohrer
G
Seller's Agent in 2022
Gary Pohrer
SERHANT.
(561) 262-0856
41 in this area
116 Total Sales
Map
Source: Palm Beach Board of REALTORS®
MLS Number: 22-87
APN: 50-43-43-03-09-000-0171
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