$5,475,262
SOLD MAY 9, 2017
4 Beds
5 Baths
4,204 Sq Ft
0.28 Acres

Recently Sold

$1,302 Per Sq Ft

23 Days on Market

Highlights

  • Property has ocean access
  • Newly Remodeled
  • Waterfront
  • Palm Beach Public School Rated A-
  • Outdoor Pool
  • Marble Flooring

About This Home

As of November 2020

Stunning brand new custom 4 bedroom by renowned Palm Beach developer Rene Alonso. Features include a private owned 10' of direct oceanfront property with patio and staircase to the beach for this property only, included in price. His/Her master baths off a huge master suite with east facing views and ocean breezes. Timeless architecture and quality materials throughout including limestone and hardwood flooring, custom kitchen with stone tops, formal dining, fireplace and generous covered areas for outdoor entertaining. One of the islands best locations -just steps to the beach!

Last Agent to Sell the Property

ELIZABETH DeWOODY

The Corcoran Group Listed on: 01/31/2017

Last Buyer's Agent

ELIZABETH DeWOODY

Florida Professional Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $60,142

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Waterfront
  • West Facing Home
  • Back Yard Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Bermuda Architecture
  • Poured Concrete
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 4,204 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Fireplace
  • Double Hung Windows
  • Casement Windows
  • Dining Room
  • Library

Kitchen

  • Double Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 50434303040000103

Home Details

Home Type

Single Family

Est. Annual Taxes

$60,142

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 100
  • Subdivision Name: N/A
  • Directions: north end Palm Beach
  • Architectural Style: Bermuda, Two Story
  • Garage Yn: Yes
  • Year Built: 2017
  • Location Tax Legal:Zoned: SFR
  • Location Tax Legal:Homestead Exempt: No
  • Location Tax Legal:Taxes2: 60142.0
  • Location Tax Legal:Tax Year2: 2016
  • General Property Description:Living Area: 4204.0
  • General Property Description:Pool: Yes
  • General Property Description:Waterfront: No
  • Pool:Pool3: Yes
  • ACHeat:Central Air: Yes
  • ACHeat:Central Heat: Yes
  • Appliances Refrigerators: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 100
  • Floors:Hardwood: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Style:Two Story: Yes
  • Windows:Impact Glass - Full: Yes
  • Style:Bermuda: Yes
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Windows:Casement: Yes
  • Exposure:West: Yes
  • Windows:Double Hung: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range-Gas, Oven-Double, Microwave, Washer, Dryer
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Marble
  • Interior Amenities: Cable, Elevator, Fireplace, Pantry
  • Living Area: 4204.0
  • Window Features: Casement, Double Hung, Impact Glass-Full
  • Other Rooms:Dining Room: Yes
  • Other Rooms:Pantry: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Fireplace: Yes
  • Appliances:Oven-Double: Yes
  • Other Rooms:Dining Area: Yes
  • Appliances:Range-Gas: Yes

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, New Construction, Poured Concrete
  • Exterior Features: Balcony, Patio/Lanai, Fence-Back Wall, Ocean Access-Deeded, Sprinkler System
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Exterior Features:Sprinkler System: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-Deeded: Yes
  • Construction:New Construction: Yes
  • Construction:Poured Concrete: Yes

Garage/Parking

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

Utilities

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

Lot Info

  • Land Lease Amount Frequency: No
  • Parcel #: 50434303040000103
  • Zoning: SFR

Tax Info

  • Tax Annual Amount: 60142.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2020
Closed on
Nov 8, 2020
Sold by
Grammarian Inc
Bought by
Norman Scott R
Seller's Agent
ELIZABETH DeWOODY
Compass Florida LLC
Buyer's Agent
MICHAEL COSTELLO
The Corcoran Group
List Price
$7,000,000
Sold Price
$7,000,000
Total Days on Market
23
Current Estimated Value
$9,892,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,892,579
Avg. Annual Appreciation
7.23%
Original Mortgage
$4,900,000
Outstanding Balance
$4,368,784
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$5,417,994

Purchase Details

Listed on
Jan 31, 2017
Closed on
May 4, 2017
Sold by
Mccluskey Malcolm M and Mccluskey Angela
Bought by
Grammarian Inc
Seller's Agent
ELIZABETH DeWOODY
The Corcoran Group
Buyer's Agent
ELIZABETH DeWOODY
Florida Professional Real Estate
List Price
$5,475,262
Sold Price
$5,475,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Jan 31, 2017
Closed on
Apr 5, 2017
Sold by
Np
Bought by
Np
Seller's Agent
ELIZABETH DeWOODY
The Corcoran Group
Buyer's Agent
ELIZABETH DeWOODY
Florida Professional Real Estate
List Price
$5,475,262
Sold Price
$5,475,262

Purchase Details

Closed on
Jan 30, 2014
Sold by
Feldberg David
Bought by
Deaj Properties Limited

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jul 9, 2013
Sold by
Sughriue Babette K
Bought by
Deaj Properties Limited
Seller's Agent
Christine Franks
Wilshire International Realty
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$2,150,000
Sold Price
$1,885,000
Premium/Discount to List
-$265,000
-12.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.51%

Purchase Details

Listed on
Mar 26, 2013
Closed on
Jun 24, 2013
Sold by
Sughrue John J
Bought by
Feldberg David
Seller's Agent
Christine Franks
Wilshire International Realty
Buyer's Agent
Christian Angle
Christian Angle Real Estate
List Price
$2,150,000
Sold Price
$1,885,000
Premium/Discount to List
-$265,000
-12.33%

Purchase Details

Closed on
Jan 25, 2010
Sold by
Elliott Walter J and Barbara R Elliott Revocable Tr
Bought by
Elliott Walter J

Purchase Details

Closed on
Aug 29, 2008
Sold by
Elliott Walter J and Elliott Barbara R
Bought by
Elliott Barbara R and Barbara R Elliott Revocable Trust
Source: Public Records

Similar Homes in Palm Beach, FL

  • 219 Seminole Ave, Palm Beach, FL 33480

    $6,000,000

    • 5 Beds
    • 4 Baths
    • 2,995 Sq Ft
    • 219 Seminole Ave
    • Palm Beach, FL

    Offered as-is; unique opportunity for R-C redevelopment on a great mid-town street. Can be combined with the adjacent property (223 Seminole Ave) for $12,000,000. Parcels are legally separated and can also be sold individually. The combined R-C acreage is .27 (11,761 SF) or individual lots are 50x118. Incredible redevelopment play with close proximity to the beach, bike trail, places of worship,

    Frances Frisbie The Corcoran Group

    Section Image
  • 228 Phipps Plaza, Palm Beach, FL 33480

    $6,495,000

    • 2 Beds
    • 2 Baths
    • 1,318 Sq Ft
    • 228 Phipps Plaza
    • Palm Beach, FL

    Walk back through time as you approach architect Howard Major's personal cottage nestled in historic Phipps Plaza, one block from the Ocean in midtown Palm Beach. Built in 1941 by the renowned architect and landmarked, the classic, Florida-style cottage sits in a secluded setting in the Phipps Plaza cul-de-sac, surrounded by lush greenery. Included in the purchase is an adjoining landscaped lot

    PAT McINERNEY Brown Harris Stevens of Palm Beach 6598

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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 $7,000,000 Trident Title
Warranty Deed $5,475,262 Attorney
Interfamily Deed Transfer -- Attorney
Quit Claim Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer $30,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,900,000 New Conventional
Previous Owner $1,778,480 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $220,000 Unknown
Previous Owner $250,000 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $7,000,000 0.0% $1,653 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
03/30/2020 03/30/20 For Sale $7,000,000 +27.8% $1,653 / Sq Ft
05/09/2017 05/09/17 Sold $5,475,262 0.0% $1,302 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $5,475,262 +190.5% $1,302 / Sq Ft
07/09/2013 07/09/13 Sold $1,885,000 -12.3% $580 / Sq Ft
06/09/2013 06/09/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $2,150,000 -- $662 / 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 $107,942 $6,490,111 -- --
2023 $115,749 $5,900,101 $5,437,782 $4,641,465
2022 $102,687 $5,363,728 $0 $0
2021 $79,293 $4,876,116 $2,805,224 $2,070,892
2020 $72,574 $4,389,568 $2,620,836 $1,768,732
2019 $74,929 $4,437,948 $2,400,760 $2,037,188
2018 $67,911 $4,156,319 $2,400,760 $1,755,559
2017 $33,486 $2,000,000 $2,000,000 $0
2016 $60,142 $3,486,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 17-293

APN: 50-43-43-03-04-000-0103