NOT LISTED FOR SALE

120 Algoma Rd Palm Beach, FL 33480

Estimated Value: $7,444,000 - $9,794,000

0.35 Acres
$24,625,714 Price per Acre
15,246 Sq Ft Lot

Sale Details

Date Sold: October 15, 2019

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

Est. 169% increase in value since last sale

Current estimated payment $56,723 / mo

269 Days on Market

Highlights

  • No HOA
  • Paved or Partially Paved Lot
  • Grass Covered Lot
  • Palm Beach Public School Rated A-

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. To be sold As Is. All sizes approximate and subject to errors and verification. Lot dimensions and sq. ft. subject to verification.

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 RE, Inc. License #644812

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,904

Lot Details

  • 15,246 Sq Ft Lot
  • North Facing Home
  • Paved or Partially Paved Lot
  • Cleared Lot
  • Grass Covered Lot
  • Site Plan Filed
  • Property is zoned R-A(ci

Schools

  • Palm Beach Public Elementary School
  • Forest Hill High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434335000020320

Property Details

Property Type

Land

Est. Annual Taxes

$40,904

Lot Details

0.35 Acres

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: Call LO.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared, Subdivision
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Utilities: Electricity Available, Other

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Palm Beach Public
  • High School: Forest Hill

Lot Info

  • Parcel #: 50434335000020320
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.35
  • Lot Size: 110.0 ft x 138.0 ft
  • Lot Size Sq Ft: 15230.0
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: R-A(ci

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 40904.2

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 RE, Inc.
List Price
$3,395,000
Sold Price
$3,200,000
Premium/Discount to List
-$195,000
-5.74%
Current Estimated Value
$8,619,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,419,000
Avg. Annual Appreciation
16.55%

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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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

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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10492343

BeachesMLS (Greater Fort Lauderdale)

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

Your Personal Tour Guide

Ask me questions while you tour the home.