$3,800,000
SOLD AUG 30, 2014 RENTED DEC 20, 2024
5 Beds
4 Baths
2,825 Sq Ft
0.46 Acres

Recently Sold

$1,345 Per Sq Ft

Highlights

  • Waterfront
  • Traditional Architecture
  • No HOA
  • Palm Beach Public School Rated A-
  • Lanai
  • Patio

About This Home

As of January 2016

Two properties are involved in this sale; 1230 & 1232 N. Ocean Way.

Last Agent to Sell the Property

STEVE HALL

HALL REAL ESTATE Listed on: 08/27/2014

Last Buyer's Agent

Lawrence A Moens

Lawrence A. Moens Associates, Inc. License #202740

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,462

Year Built

  • Built in 1951

Lot Details

  • Waterfront
  • East Facing Home
  • Back Yard Fenced
  • Property is zoned RB

Parking

  • No Garage

Home Design

  • Traditional Architecture
  • Bermuda Architecture
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,825 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Dining Area
  • Storage
  • Utility Room

Kitchen

  • Single Oven
  • Gas Range
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Stone
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alto Lido Subdivision

Listing and Financial Details

  • Assessor Parcel Number 50434303040000020

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,462

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 86
  • Subdivision Name: Alto Lido
  • Directions: Located between Mockingbird Trail and Palmo Way on North Ocean Way (not Blvd.)
  • Architectural Style: Bermuda, Traditional, One Story
  • Year Built: 1951
  • Location Tax Legal:Zoned: RB
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 22462.4
  • Location Tax Legal:Tax Year2: 2013
  • General Property Description:Living Area: 2825.0
  • General Property Description:Pool: No
  • General Property Description:Waterfront: No
  • Floors:Tile: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 86
  • Style:Bermuda: Yes
  • Pets:Pets Allowed: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • Style:One Story: Yes
  • Windows:Single Hung: Yes
  • Exposure:East: Yes
  • Roof:Barrel Tile: Yes
  • Floors:StoneBrick: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Range-Gas, Oven-Single, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Stone/Brick, Tile
  • Interior Amenities: Cable, Ceiling Fan, Smoke Detectors, Storage, Pantry
  • Living Area: 2825.0
  • Window Features: Single Hung
  • Interior Features:Storage: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:Utility Room: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Smoke Detectors: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Oven-Single: Yes
  • Appliances:Range-Gas: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Features: No Pool
  • Pool Private: No
  • Waterfront Features: No - Waterfront
  • Waterfront: Yes
  • Construction Type: Cement Block/Stucco
  • Exterior Features: Patio/Lanai, Fence-Back Wall
  • Roof: Barrel
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes

Garage/Parking

  • Parking Features: No Garage
  • Garage:No Garage: Yes

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434303040000020
  • Zoning: RB

Tax Info

  • Tax Annual Amount: 22462.4
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2015
Closed on
Dec 28, 2015
Sold by
Duriez Margaret Dorrance Norris
Bought by
N Ocean Llc
Seller's Agent
Patricia Mahaney
Sotheby's International Realty, Inc.
Buyer's Agent
ELIZABETH JONES
BARCLAYS INTERNATIONAL REALTY
List Price
$4,275,000
Sold Price
$4,275,000
Total Days on Market
0
Current Estimated Value
$8,953,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,678,000
Avg. Annual Appreciation
7.58%

Purchase Details

Listed on
Aug 27, 2014
Closed on
Aug 29, 2014
Sold by
Simy Holdings Inc
Bought by
Duriez Margaret Dorrance Norris
Seller's Agent
STEVE HALL
HALL REAL ESTATE
Buyer's Agent
Lawrence A Moens
Lawrence A. Moens Associates, Inc.
List Price
$3,800,000
Sold Price
$3,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
Jul 9, 2003
Sold by
Haft Stuart J
Bought by
Lifmac S A
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 $4,275,000 Attorney
Warranty Deed $3,375,800 Attorney
Deed $850,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Closed $3,500,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2024 12/20/24 Rented $115,000 -20.7% --
05/21/2024 05/21/24 Price Changed $145,000 -17.1% $22 / Sq Ft
04/26/2024 04/26/24 For Rent $175,000 0.0% --
01/08/2016 01/08/16 Sold $4,275,000 0.0% $1,513 / Sq Ft
01/08/2016 01/08/16 Sold $4,275,000 0.0% $1,513 / Sq Ft
12/09/2015 12/09/15 Pending -- -- --
11/11/2015 11/11/15 Pending -- -- --
09/17/2015 09/17/15 For Sale $4,275,000 -2.8% $1,513 / Sq Ft
04/03/2015 04/03/15 For Sale $4,400,000 +15.8% $1,558 / Sq Ft
08/30/2014 08/30/14 Sold $3,800,000 0.0% $1,345 / Sq Ft
08/27/2014 08/27/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $3,800,000 -- $1,345 / 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 $246,138 $15,471,261 -- --
2023 $242,373 $14,064,783 -- --
2022 $99,532 $4,817,607 -- --
2021 $72,567 $4,379,643 $4,379,643 $0
2020 $68,609 $4,069,690 $4,069,690 $0
2019 $63,799 $3,699,445 $3,699,445 $0
2018 $60,027 $3,699,745 $3,699,745 $0
2017 $54,741 $3,198,366 $3,198,366 $0
2016 $55,012 $3,198,366 $0 $0
2015 $49,825 $2,781,188 $0 $0
2014 $26,285 $1,358,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Palm Beach Board of REALTORS®

MLS Number: 14-994

APN: 50-43-43-03-04-000-0020