$21,500,000
SOLD JUN 30, 2022
3 Beds
3 Baths
4,846 Sq Ft
0.45 Acres

Recently Sold

$4,437 Per Sq Ft

11 Days on Market

Highlights

  • Outdoor Pool
  • Waterfront
  • No HOA
  • Palm Beach Public School Rated A-
  • Contemporary Architecture
  • Tile Flooring

About This Home

As of June 2022

One House from the Ocean.
R-B Zoning
Great Opportunity to build on Dunbar Road.

Last Agent to Sell the Property

Denise Segraves

Sotheby's International Realty, Inc. License #438442 Listed on: 05/06/2022

Sotheby's International Realty, Inc.

Last Buyer's Agent

Christian Angle

Christian Angle Real Estate License #703536

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,222

Year Built

  • Built in 1958

Lot Details

  • 0.45 Acre Lot
  • Waterfront
  • Home has North and South Exposure
  • Property is zoned R-B - Low Density Residential, R-B - Low Density

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Tar and Gravel Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,846 Sq Ft Home
  • Sliding Windows
  • Casement Windows
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Additional Features

  • Outdoor Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Adams Addition Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 50434314070000730

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,222

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 100
  • Subdivision Name: Adams Addition
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Year Built: 1958
  • Location Tax Legal:Zoned: R-B - Low Density Residential
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 24222.0
  • Location Tax Legal:Tax Year2: 2021
  • General Property Description:Living Area: 4846.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • General Property Description:Lot Dim (1): 100
  • Roof:Tar Gravel: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Sliding: Yes
  • General Property Description:Lot SqFt: 19700
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Exposure:North: Yes
  • Exposure:South: Yes
  • Windows:Casement: Yes
  • Special Features: None

Interior Features

  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Other Flooring
  • Living Area: 4846.0
  • Window Features: Casement, Sliding

Exterior Features

  • Lot Features: 1/4 A - 21,779 SF
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Roof: Tar/Gravel
  • Construction:Cement BlockStucco: Yes

Garage/Parking

  • Parking Features: 2 Car
  • Garage:_two_ Car: Yes

Utilities

  • Heating: Central Air, Central Heat
  • Heating Yn: Yes

Lot Info

  • Land Lease Amount Frequency: No
  • Lot Size Sq Ft: 19700.0
  • Parcel #: 50434314070000730
  • Zoning: R-B - Low Density
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 24222.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 30, 2022
Sold by
Gertrude B Brekus 2020 Irrevocable Trust
Bought by
120 Dunbar Road Trust
Seller's Agent
Denise Segraves
Sotheby's Intl. Realty, Inc.
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$23,495,000
Sold Price
$21,500,000
Premium/Discount to List
-$1,995,000
-8.49%
Current Estimated Value
$25,190,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,690,658
Avg. Annual Appreciation
6.08%

Purchase Details

Closed on
Dec 21, 2020
Sold by
Brekus Richard T and Gertrude B Brekus Trust
Bought by
Brekus Richard T and Brekus Gertrude B

Purchase Details

Closed on
May 6, 2019
Sold by
Brekus Trudy and Brekus Gertude B
Bought by
Gertrude B Brekus Trust
Source: Public Records

Range of Values:

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Average Value
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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
Warranty Deed $21,500,000 Robert Brody Pa
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $15,000,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2022 06/30/22 Sold $21,500,000 0.0% $4,437 / Sq Ft
06/30/2022 06/30/22 Sold $21,500,000 -8.5% $4,437 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/17/2022 05/17/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $23,495,000 +9.3% $4,848 / Sq Ft
05/06/2022 05/06/22 For Sale $21,500,000 -- $4,437 / 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 $202,832 $12,992,499 -- --
2023 $178,453 $11,811,363 $11,811,363 $0
2022 $23,751 $1,487,742 $0 $0
2021 $24,222 $1,444,410 $0 $0
2020 $24,249 $1,424,467 $0 $0
2019 $24,195 $1,392,441 $0 $0
2018 $23,034 $1,366,478 $0 $0
2017 $23,015 $1,338,372 $0 $0
2016 $22,025 $1,310,844 $0 $0
2015 $22,774 $1,301,732 $0 $0
2014 $22,882 $1,291,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 22-476

APN: 50-43-43-14-07-000-0730