NOT LISTED FOR SALE

120 Algoma Rd Palm Beach, FL 33480

Estimated Value: $4,628,000 - $12,717,084

0.35 Acre
$25,480,154 Price per Acre
15,230 Sq Ft Lot

Last Sold October 15, 2019

Last sale price $3,200,000 $1,200 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $57,943/month

253 Days on Market

About This Lot

As of October 2019

Fantastic opportunity to build your dream home on this 15,000+/- square foot lot on the South Side of the road. Premier location in the acclaimed Estate Section, just a few houses in from the Ocean and Lake.

Last Agent to Sell the Property

Christian Angle

Christian Angle Real Estate License #703536 Listed on: 01/04/2019

Last Buyer's Agent

Bradford Miller

Bradford P Miller Real Estate License #644812

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,904

Lot Details

  • 0.35 Acre Lot
  • North Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned R-A(ci

Listing and Financial Details

  • Assessor Parcel Number 50434335000020320

Property Details

Property Type

Land

Est. Annual Taxes

$40,904

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Call LO.
  • Special Features: VirtualTour

Exterior Features

  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: North

Lot Info

  • Parcel #: 50434335000020320
  • Development Status: Site Plan Filed
  • Lot Size Sq Ft: 15230.0
  • Zoning Description: R-A(ci
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 40904.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2019
Closed on
Oct 15, 2019
Sold by
Big Bear Capital Llc
Bought by
Rogers M Weldon and Rogers Rebecca Laing
Seller's Agent
Christian Angle
Christian Angle Real Estate
Buyer's Agent
Bradford Miller
Bradford P Miller Real Estate
List Price
$3,395,000
Sold Price
$3,200,000
Premium/Discount to List
-$195,000
-5.74%
Current Estimated Value
$8,908,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,708,695
Avg. Annual Appreciation
19.24%

Purchase Details

Listed on
Feb 25, 2014
Closed on
Sep 19, 2014
Sold by
Anderson Michael
Bought by
Big Bear Capital Llc
Seller's Agent
MARTIN CONROY
THE FITE GROUP
Buyer's Agent
SHAWN OLSON
FITE SHAVELL & ASSOCIATES-NPB
List Price
$2,100,000
Sold Price
$2,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%

Purchase Details

Listed on
Feb 25, 2014
Closed on
Sep 18, 2014
Sold by
Anderson Michael and Anderson Paul
Bought by
Big Bear Capital Llc
Seller's Agent
MARTIN CONROY
THE FITE GROUP
Buyer's Agent
SHAWN OLSON
FITE SHAVELL & ASSOCIATES-NPB
List Price
$2,100,000
Sold Price
$2,100,000

Purchase Details

Closed on
Jan 25, 2008
Sold by
Anderson Albin F
Bought by
Anderson Albin F and Albin F Anderson Revocable Trust

Purchase Details

Closed on
Sep 1, 2001
Sold by
Anderson Albin and Anderson Geraldine
Bought by
Anderson Albin and Anderson Geraldine

Purchase Details

Closed on
Dec 4, 1996
Sold by
Pr Josephine Taylor Ellis
Bought by
Anderson Albin
Source: Public Records

Range of Values:

Collateral Analytics

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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
Rogers M Weldon $3,200,000 Attorney
Big Bear Capital Llc $2,100,000 Dolphin Title Of The Palm Be
Big Bear Capital Llc -- Dolphin Title Of The Palm Be
Anderson Albin F -- Attorney
Anderson Albin -- Integrity Land Title
Anderson Albin $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Albin $780,000
Previous Owner Anderson Albin $650,000
Closed Anderson Albin $0
Closed Anderson Albin $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $3,200,000 -5.7% $1,200 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $3,395,000 +61.7% $1,273 / Sq Ft
09/19/2014 09/19/14 Sold $2,100,000 0.0% $628 / Sq Ft
09/19/2014 09/19/14 Sold $2,100,000 0.0% $628 / Sq Ft
08/20/2014 08/20/14 Pending -- -- --
03/31/2014 03/31/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $2,100,000 -25.0% $628 / Sq Ft
04/30/2012 04/30/12 For Sale $2,799,000 -- $838 / 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 $128,532 $8,615,743 -- --
2023 $125,895 $8,364,799 -- --
2022 $126,134 $8,121,164 -- --
2021 $49,193 $2,970,000 $2,970,000 $0
2020 $49,433 $2,916,000 $2,916,000 $0
2019 $51,839 $3,163,712 $3,150,000 $13,712
2018 $45,946 $2,917,847 $2,912,076 $5,771
2017 $40,904 $2,376,355 $2,367,542 $8,813
2016 $43,844 $2,529,291 $0 $0
2015 $43,507 $2,409,544 $0 $0
2014 $41,988 $2,294,613 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2019

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    201 Total Sales

    Christian Angle
    Section Image

  • B

    Buyer's Agent in 2019

    Bradford Miller

    Bradford P Miller Real Estate

    (561) 833-2776

    40 Total Sales

    Bradford Miller
    Section Image

  • P

    Buyer Co-Listing Agent in 2019

    Pamela Miller

    Bradford P Miller Real Estate

    (561) 346-2540

    25 Total Sales

    Pamela Miller
    Section Image

  • M

    Seller's Agent in 2014

    MARTIN CONROY

    THE FITE GROUP

  • S

    Buyer's Agent in 2014

    SHAWN OLSON

    FITE SHAVELL & ASSOCIATES-NPB

See All Agents

Map

Source: BeachesMLS

MLS Number: R10492343

BeachesMLS

APN: 50-43-43-35-00-002-0320

Florida Palm Beach County Palm Beach 33480

120 Algoma Rd, Palm Beach, FL

This home is located at 120 Algoma Rd, Palm Beach, FL 33480 since 04 January 2019 and is currently estimated at $8,908,695, approximately $3,341 per square foot. 120 Algoma Rd is a home located in Palm Beach County with nearby schools including Palm Beach Public School, Conniston Middle School, and Forest Hill Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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