NOT LISTED FOR SALE

120 Algoma Rd Palm Beach, FL 33480

Estimated Value: $4,563,000 - $14,338,427

0.35 Acre
$26,795,194 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. 193% increase in value since last sale

Current estimated payment $59,360/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
$9,368,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,168,476
Avg. Annual Appreciation
18.62%

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
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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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
09/19/2014 09/19/14 Sold $2,100,000 0.0% $628 / Sq Ft View Prior Sale
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 (Greater Fort Lauderdale)

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
2025 $128,532 $8,865,600 -- --
2024 $128,532 $8,615,743 -- --
2023 $125,895 $8,364,799 -- --
2022 $126,134 $8,121,164 -- --
Source: Public Records

Agents Affiliated with this Home

  • Christian Angle

    Seller's Agent in 2019

    Christian Angle

    Christian Angle Real Estate

    (561) 629-3015

    190 Total Sales

    Christian Angle
    Section Image

  • B

    Buyer's Agent in 2019

    Bradford Miller

    Bradford P Miller Real Estate

    (561) 833-2776

    31 Total Sales

    Bradford Miller
    Section Image

  • P

    Buyer Co-Listing Agent in 2019

    Pamela Miller

    Bradford P Miller Real Estate

    (561) 346-2540

    20 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 (Greater Fort Lauderdale)

MLS Number: R10492343

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Palm Beach 33480

120 Algoma Rd, Palm Beach, FL

Not Listed for Sale

Lots

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